AvaFX Reviews

AvaFX is a somewhat questionable forex outfit based in Israel (with a minimal presence in the British Virgin Islands and an office in Ireland). Just established in 2006, the organization walks a very fine line between an obvious scam and a legitimate business. It is starting to gain a poor reputation, which will hopefully deter some traders from gambling their accounts with an unpredictable and possibly predatory broker.

Location: Tel Aviv, Israel
Guaranteed stop losses: No - orders executed at best available price
Swap-free accounts: Yes - no extra charges and available to everyone, not just Islamic traders
Typical spread on EUR/USD: 3 pips (0.0003)
Order processing: Market Maker

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Source: Forextradingzone.org

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