From everything we’ve learned so far, Avalon WM broker tries to present itself as legit since all their trades are expressed through cryptos, unregulated market assets. However, they provide financial services with other assets, implying they should opt for a license in the country of service. Let’s see in our review how Avalon WM uses false info to defraud clients.
| Broker status: | Unregulated Broker |
| Regulated by: | Unlicensed brokerage |
| Scammers Websites: | avalon-wm.com |
| Blacklisted as a Scam by: | N/A |
| Owned by: | AlphaCap Limited |
| Headquarters Country: | Estonia |
| Foundation year: | 2021 |
| Supported Platforms: | Web trader |
| Minimum Deposit: | $1,000 |
| Cryptocurrencies: | Available – BTC, ETH, USDT |
| Types of Assets: | Commodities, indices, cryptocurrencies, stocks |
| Maximum Leverage: | 1:100 |
| Free Demo Account: | No |
| Accepts US clients: | N/A |
What About Avalon WM Regulation?
You’ll notice the first thing: an address in Iceland and the Canadian phone number. Of course, these two indicate that the company is somehow related to these areas. However, if you read the disclaimer carefully, you will see that the official owner of Avalon WM is AlphaCap Limited from Estonia. Knowing that Estonia has a reputation as a European safe haven, we won’t comment on this any further.
Получи инструкцию по снятию средств
Being involved with Avalon WM means you’re dealing with an unregulated shady scam, and you may be the next victim.
In addition, we strongly advise you not to invest in CTA Capitals, SungerFX and CCG Trade fraudulent brokers.
Fund Withdrawal Issues
Knowing that Avalon WM is a fraud, we’ve checked with clients if they were able to get their money back. And, unsurprisingly, the answer is no. They could not submit withdrawal requests, and when they tried to contact the company, there was no response.
Unregulated brokers often believe they won’t be punished for misbehaving as they don’t disclose information about their owners. However, regulators do have their way of tracking funds and uncovering scams.
If you fall victim to the Avalon WM scam and experience any kind of issues, know that it’s of utmost importance to file a complaint immediately.
Areas Of Avalon WM Scam
The broker is mainly present in the UK, Canada, and Belgium, according to reviews. However, we’re talking about an illicit online scheme, so don’t think that you’re safe wherever you are. If you get an offer from this particular trading firm, think twice before involving yourself.
Traders About Avalon WM Scam
Company tries to scam clients in all the ways possible. First of all, the broker doesn’t offer Forex trading, only CFDs, and all the prices are shown through cryptocurrencies. Besides, it makes clients deposit via wallet pretending to provide hot and cold wallet storing. Once you transfer your crypto to this company, you will never see it again.
Also remember the names of the 60op, traderfex and ATFX trading scams and avoid them at all costs! Moreover, always check the background of online trading companies before investing!
How Does Online Trading Scam Work?
Online trading scams vary in some small parts. However, common for all is that brokers such as Avalon WM present themselves as something they’re not – legit, regulated, or even unregulated because they provide services of a crypto wallet. Whatever the story is, the goal is to take your funds and disappear.
Never involve yourself with a company with no Tier1 license since this is your only chance to get reimbursed.
Scammed by Avalon WM? – Tell Us Your Story
If you were scammed by Avalon WM, let us know. We are here to hear your story and assist you in filing a dispute and requesting a chargeback.
But What Is A Chargeback?
This is a way for your bank to retrieve your funds from the merchant if you can prove that you were a scam victim. Contact us via online chat to book a free consultation with our specialists, and let’s get your hard-earned money back!
What Is Avalon WM?
Avalon WM is an online CFD trading provider without a license.
Is Avalon WM a Scam Broker?
Company pretends to be a legitimate crypto trading provider while it has no license to conduct business.
Is Avalon WM Regulated?
No, broker is not regulated and has no authorization to provide financial services.
Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you’re here because you suspect that your investment isn’t in a safe place, know that you have the right to claim funds back!
Report a Fraud Case & Claim a Refund from Scammers
Legal Procedures for Recovering Your Money from Scammers Offer a Good Chance of Success. Start by Simply Reporting the Fraud.
File a Complaint
