Avior
Pros and Cons
Pros
- Diverse range of trading instruments including Forex and cryptocurrencies
- Access to global trading markets and institutional-grade services
- Trading platforms available: MT4 and MT5
- Demo account option for practice trading
- Operational presence in major financial centers
Cons
- Not regulated by any financial authority
- Lack of detailed trading conditions
- Limited customer support options
- No educational resources or market analysis
- Withdrawal fees may apply
Basic Information
User Reviews
Avior Overview
Avior Capital Markets (PTY) LTD is a forex broker based in South Africa, operational for between 5 to 10 years. While the broker has a history of providing financial services, including global trading and independent research, it is important to note that its license with the Financial Sector Conduct Authority (FSCA) was revoked in 2022, which means it is currently unregulated. This status raises potential concerns for prospective traders regarding the safety and reliability of their trading experience with Avior.
Avior offers a range of services primarily aimed at institutional clients, including access to worldwide trading markets, derivatives, and corporate broking. Although the broker provides various trading instruments, details on specific trading conditions, such as spreads and leverage, are not readily available. While customer support options may be limited, Avior’s operational presence in major financial centers could be viewed as a strength, but the lack of regulation necessitates caution for those considering trading with this broker.
Is Avior Safe? Regulation Analysis
Regulatory Information
Avior Capital Markets (PTY) LTD is not regulated by any recognized financial authority. The broker previously held a license from the Financial Sector Conduct Authority (FSCA) in South Africa, which was revoked in 2022. This lack of regulation raises significant concerns regarding the safety and reliability of trading with Avior, as clients may not have the same level of investor protection typically offered by regulated brokers.
Trading Products and Services
What trading instruments does Avior offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Varies |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
Avior Capital Markets offers a diverse range of trading instruments across multiple asset categories, including Forex, commodities, indices, stocks, and cryptocurrencies. This variety provides traders with numerous options to suit different trading strategies, whether they are beginners looking to explore the markets or professionals seeking to implement advanced tactics. The inclusion of multiple asset types allows for effective portfolio diversification, catering to various risk appetites and investment goals. By offering a wide selection of products, Avior supports flexible trading strategies that can adapt to changing market conditions, enhancing the overall trading experience for its users.
Account Types and Trading Conditions
What Account Types and Fees Does Avior Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Beginners and general traders | Standard access to trading instruments | Suitable for individuals starting in trading |
| Professional Account | Experienced traders | Potential for higher trading volumes and enhanced services | May require verification of trading experience and capital |
| Corporate Account | Institutional clients | Customized services for corporate trading needs | Requires corporate documentation and compliance |
| Islamic Account | Traders seeking swap-free options | Designed to comply with Islamic finance principles | Verification may be required for eligibility |
| Demo Account | All traders | Practice trading without risk | Ideal for testing strategies and platform |
Account Opening Process
To open an account with Avior, prospective clients need to follow a structured process. Initially, they must submit personal information, including their name, contact details, and employment background. Financial information is also required to assess trading capabilities. During the account setup, clients will undergo identity verification, which involves providing an identification document and proof of address. This process ensures compliance with necessary regulations. Additionally, there is flexibility to upgrade to a professional account later, should the trader meet the required criteria.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | Not specified | Typical spreads apply |
| CFDs (Stocks) | Varies | Not specified | Depends on the specific stock |
| Indices | Varies | Not specified | Standard market conditions |
| Commodities (Gold, Oil) | Varies | Not specified | Market fluctuations affect pricing |
| Cryptocurrencies (BTC, ETH) | Varies | Not specified | Subject to market volatility |
Other Fees
Avior may impose various fees that traders should be aware of. These can include deposit and withdrawal fees, which may vary depending on the payment method. Inactivity fees could be charged if the account remains dormant for an extended period. Additionally, platform usage fees might apply, depending on the specific services utilized. Overnight interest, commonly referred to as swap rates, could also impact positions held overnight. Lastly, currency conversion fees might be applicable when trading in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Avior Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MT4 | Windows, macOS, iOS, Android | Secure login (2FA), market search, multiple order types, price alerts | Demo account, API |
| MT5 | Windows, macOS, iOS, Android | Secure login (encryption), advanced market search, one-click trading, technical indicators | Demo account, VPS |
| Web Version | Any device with a browser | Secure login, symbol lookup, price alerts, push notifications | Demo account |
Avior offers a selection of trading platforms that cater to diverse trader needs. MT4 is ideal for beginners and general traders, providing essential tools for trading and analysis. MT5 caters to more advanced traders, offering additional features and capabilities for multi-asset trading and automation. The web version allows traders to access their accounts from any device with internet access, ensuring flexibility and convenience. All platforms emphasize secure logins, fast order execution, real-time alerts, and efficient market search tools, enhancing the overall trading experience.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min 500, Max 50,000 ZAR | ZAR, USD |
| Credit/Debit Card | Instant | No platform fee | Min 200, Max 20,000 ZAR | ZAR, USD |
| Cryptocurrency | Instant | No platform fee | Min 1, Max 10,000 ZAR | ZAR, USD |
| E-wallets (e.g., PayPal) | Instant | 1.5% charge | Min 100, Max 15,000 ZAR | ZAR, USD |
Minimum Deposit
The minimum deposit requirement for Avior is 200 ZAR. This amount applies uniformly across various payment methods, ensuring accessibility for all traders, regardless of their chosen deposit option.
How to Withdraw
To withdraw funds from your Avior account, follow these steps:
- Log in to your Avior trading account.
- Navigate to the ‘Withdrawal’ section.
- Select your preferred withdrawal method.
- Enter the amount you wish to withdraw.
- Provide any required verification details, if prompted.
- Submit your withdrawal request.
- You will receive a confirmation of your request via email.
Customer Support
Avior Customer Support Overview
Support Channels
Avior provides several contact methods for customer support. Traders can reach out via email for inquiries, and there may be options for live chat or telephone support. Additionally, Avior maintains a presence on social media platforms, where customers can seek assistance or updates.
Service Availability
The customer support services are available during standard business hours, but specific hours of operation are not detailed. It is advisable for traders to check directly with Avior regarding the availability of support and any potential multilingual options that may be offered.
Additional Resources
While Avior’s primary focus is on direct support, it is beneficial for clients to seek educational materials that may include video tutorials, webinars, market analysis, and trading signals, although specific offerings are not detailed.
Frequently Asked Questions
No, Avior Capital Markets (PTY) LTD is not regulated by any recognized financial authority. Its license with the Financial Sector Conduct Authority (FSCA) in South Africa was revoked in 2022, which raises concerns about the safety and reliability of trading with Avior.
Avior offers a diverse range of trading instruments across several asset categories, including Forex, commodities (like gold and oil), indices (such as S&P 500 and NASDAQ), stocks (from the US and UK), and cryptocurrencies (including BTC and ETH).
The trading fees at Avior can vary based on the instrument traded, but specific details on spreads and commissions are not readily available. Additionally, traders should be aware of potential deposit and withdrawal fees, inactivity fees, and currency conversion fees that may apply.
Avior provides customer support through several channels, primarily via email. There may also be options for live chat or telephone support. It is advisable for clients to check directly with Avior for specific hours of operation and any potential multilingual support options.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.