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Avalon-WM Review – Is this Broker a Good Choice?

Avalon-WM Broker Rating
  • Overall Rating
4.6

Summary

Avalon-WM is indeed a top-quality platform that has all the right features any trader could use. You can sign up with the broker today in the link below or learn more about them in our Avalon-WM review.

Avalon-WM Review

Avalon-WM logo

Avalon-WM is a forex and CFD (Contract for Difference) broker, which is operating in Seychelles and is subject to the regulation of the Financial Services Authority (FSA). In this Avalon-WM review we will be telling you all you need to know about this broker before signing up with them

In the last couple of decades, a number of new trends have come to light and one of these is referred to as online trading. The concept of trading has existed for thousands of years, and people have been investing in the financial markets for a long time. The stock market and the foreign currency market are some examples of these markets where people have been trading instruments. But, like other industries, this one has also changed and evolved over the years because of technology. With the advent of the internet, the world has become digital and this has brought about a horde of changes.

These days, people can shop, study and even work online due to internet connectivity and advanced technology. Why should trading be any different? From requiring people to physically visit markets and find brokers for trading, the process has shifted online, allowing people to trade from anywhere. The convenience and ease that online trading has to offer has automatically drawn the attention of people from all over the globe. Millions of people have always dreamt about trading for earning high profits, but weren’t able to consider this option because of the hassles involved.

Luckily, all of these have been eliminated as trading has shifted online and people no longer have to meet with any prerequisites associated with investment capital, education or experience. Plus, you don’t have to trade full-time and can enjoy some flexibility in how much you trade and when you trade, which has also added to the appeal. It allows people to trade, while continuing with their existing job. Hence, trading can be a great option for people who want to supplement their income or invest their savings to enjoy some returns. But, how will you trade online? Where do you go for connecting to the financial markets?

This role is fulfilled by brokers, which are also offering their services online because of the shift towards online trading. No, it is not possible to trade without a brokerage because they will provide you with the software, tools and other features that are part of this procedure. They also offer you access to the trading instruments you are interested in. You don’t have to be concerned about finding a broker because it is not that difficult. You can easily find hundreds of these companies offering their services, so finding options is not really a big deal. The real intimidating process is actually choosing one broker for your needs.

With multiple options available in the market, it can get quite difficult for people to decide which broker to choose. A lot of these companies will appear to be similar because they are offering the same services, but there are some important differences that can set them apart. If you have done any research into the trading markets, you are probably aware that there have been some scams that have happened where brokerages are concerned. Some companies are downright shady and you don’t want to have to deal with any such option because you will be exposed to different risks.

Even if the company is legitimate, it doesn’t mean that it could be a good choice for you. Everyone has different expectations and requirements and you need to ensure that the broker you choose is able to meet them in the best way possible. Avalon-WM is one of the choices that you will find when you begin your search and even though it appears to be a solid option, you need to take a closer look through this Avalon-WM Review to determine if it could be a good one for you or not. If you end up choosing a broker that is not capable of providing you with what you want, you will have to start the search anew, which wastes your time and effort.

So, is Avalon-WM a good choice? Let’s check it out:

Website https://avalon-wm.com/
Trading Accounts Five Account Options; Essentials, Micro, Standard, Premium and Premium Pro
Minimum Deposit $250
Assets Coverage Forex, Commodities, Stocks, Cryptocurrencies and CFDs
Trading Tools Trading Indicators, Signals, Live Charts, Technical Analysis Tools, Price Alerts and Algo Trading
Education and Training Yes; , Glossary, e-books, online video courses, webinars, tutorials and expert sessions
Customer Support 24/5 through email, phone number, online contact form and live chat assistance
Security Policy KYC (Know Your Customer) and AML (Anti-Money Laundering)
Parent Company Avalon-WM Ltd.

Introduction to Avalon-WM

Introduction to Avalon-WM

First things first, you need to look into a broker’s background and regulatory status before you can consider using their services. Avalon-WM is a forex and CFD (Contract for Difference) broker, which is operating in Seychelles and is subject to the regulation of the Financial Services Authority (FSA). They have obtained the appropriate license and have to follow the rules and regulations that are set forth by the organization. As far as its parent company is concerned, the brokerage was established by HF and Company Ltd., which is a company based in Sofia, Bulgaria. It also provides services all across Europe.

Looking at its background, you can ascertain that Avalon-WM is not an unregulated broker or shady company because they have the required license to offer their services and are properly registered. You can find the license and registration number on their website and can verify it if you wish. Furthermore, the regulation of the brokerage ensures that they will be transparent and honest about their policies and services and will not exploit their clients. They also follow the required standards, which makes them capable of offering high quality trading services.

Financial Products at Avalon-WM

Once you have checked the background of the broker, you should take a look at the financial products it has to offer. After all, what you trade will determine the kind of risks you will take and the returns you can expect to make. Some traders have specific trading instruments in mind when they decide to venture into the trading markets, while others are only interested in portfolio diversification. No matter which category you fall into, it is best to take a look at the offerings, so you are not disappointed and don’t have to look for another broker.

Rather than trading different instruments via different brokerages, it is better to find one company that can offer you various assets in one place because it is less of a hassle to manage your trading account and ensures that you don’t miss on any opportunities. With Avalon-WM, you will have no problem in doing that because they have added more than 200 financial products on their platform and allow you to trade as many as you want simultaneously.

With this broker, you can have access to the biggest financial markets in the world and trade a range of lucrative instruments that can help you in achieving your profit-making goals. With such variety available, it is a given that you will be able to find the asset you wish to trade and be able to diversify as much as you want. Some of the markets that are available to you at Avalon-WM include:

Commodities: Traders who prefer to take a safer and less volatile route can go for commodities. There are different types of commodities that can be found, which include precious metals like gold and silver, energies like crude oil and natural gas and agricultural items like corn, coffee, wheat, sugar and rice.

Stocks: One of the most well-known financial markets that can offer a ton of profit-making opportunities to traders is none other than the stock market. You can find stocks of a number of prominent companies all over the globe, which include Facebook, Amazon, Netflix, Apple, Google, Microsoft, Aurora and PayPal.

Forex: Known as the largest financial market in the world because of its trading volume, the forex market is highly volatile and can help people make millions. You need to choose the right currency pairs for this purpose and there are plenty of options to explore, such as EUR/USD, GBP/USD, USD/CHF, EUR/GBP, USD/JPY, NZD/USD and AUD/USD.

Cryptocurrencies: One of the most renowned trading instruments nowadays are none other than cryptocurrencies. The first crypto was introduced in 2009 and since then, the market has surged rapidly and has allowed many people to make huge profits. You can trade cryptocurrencies, such as Bitcoin, Litecoin, Ethereum and Bitcoin Cash in order to repeat the successes that have been enjoyed by others.

Account Registration and Opening at Avalon-WM

When you are done looking at the financial products that you will be able to trade via a broker, it is time to check out what requirements you have to meet in order to register and open an account with them. There is no standard list of steps that have to be completed for account opening and registration and it can vary from broker to broker, so it is best to know what you will be required to do. You obviously want it to be simple and quick, but there are some companies that have some time-consuming requirements, which can be a bit annoying.

You will not have to deal with these inconveniences with Avalon-WM because they have made sure that account opening and registration is fast and easy for everyone. It doesn’t take you longer than five minutes to complete the registration process and then choose the account you wish to open. You can start the process by clicking on the Register button on the company’s website and this will provide you with the form that has to be completed. It is a very short one and will take you only a few minutes.

You are asked to provide your first and last name, an email address and a password that will be used for account login purposes, a phone number, your country of residence and then choose the account currency. There are three currencies that are supported, which include EUR, USD and GBP. Avalon-WM also requires you to agree to their Terms & Conditions for registering and creating an account with them. These are available on their website for your perusal. The registration process ends here and you can now check out the account options that have been added.

There are five account choices that you will come across and these have been developed for catering to different types of traders. As no two traders are the same, these account types at Avalon-WM aim to facilitate as many people as possible. The account options include:

Essentials Account: This is the first choice you will find, requiring a minimum deposit of 250 in your chosen account currency and is meant for complete newbies in the trading space. The lot size is 0.01 and the account offers spreads on the high side, starting from 3.0 pips. You can also get leverage of about 1:50 and a morning brief is available, along with customer support.

Micro Account: Beginner traders with some knowledge and experience in the market can opt for this account, as it has a minimum deposit requirement of 1,000. This account can offer a higher leverage of 1:75 and traders can also benefit from reduced spreads starting at 2.5 pips.

Standard Account: To accommodate intermediate traders, the Standard account option has been added and it can be opened with a minimum deposit of 5,000. This account offers higher leverage of 1:100 and reduces the spreads even further to 2.0 pips. Here, traders are also given access to trading signals and free VPS. Plus, they can also take advantage of premium trading education to improve their skills.

Premium Account: This account option was developed by Avalon-WM for advanced traders, so they have asked for a minimum deposit of 40,000. The spreads in this account begin at 1.5 pips, which is really low and traders also get access to MT4 trading indicators.

Premium Pro: The final account that traders will find is for professional and VIP traders and so, the deposit requirement has been adjusted to 200,000. The leverage in this account is the highest at 1:150, while the spreads reach their lowest at 1.1 pips. There are other features that are also provided, such as access to exclusive events, premium customer support options, commissions and also quarterly analyst sessions.

You can go over the account choices that are provided and then decide which one is the most suitable fit for you, in accordance with your trading experience and the capital you are willing to invest.

Payment Options at Avalon-WM

Once you have made up your mind about the account you want to open, you will obviously have to meet the initial deposit requirements that have been imposed and add funds in order to start trading. But, to be able to do that, you will first need to know what payment options are available. These are required for making your deposits and also when you will withdraw your money in the future. Hence, it is a good idea to know what to expect. Avalon-WM has added a number of options on their platform in order to simplify the process of deposits and withdrawals.

You can choose to make a deposit with your debit or credit cards, which are considered a quick method. Visa and MasterCard are supported and the minimum deposit to make is 250 and currencies supported are EUR, USD and GBP. The transfer is made instantly and no fee is charged by Avalon-WM. You can also chose bank wire transfer for your deposits, which is a secure and risk-free method. It supports EUR and USD, doesn’t involve any fee, but the minimum amount is 1,000 and the transfer takes 1 to 2 business days.

As far as withdrawals are concerned, you can use the aforementioned methods for it, along with Bitcoin and e-wallet options like Neteller. However, the processing time and fee involved with each method varies. Avalon-WM charges $50 for bank wire transfers and processes them in 5 to 7 business days. Debit and credit card withdrawals are processed in 3 to 5 business days and a fee of $25 is applicable. Bitcoin transactions also take the same time period, but cost can depend on the price of the crypto at the time of withdrawal. As far as e-wallets are concerned, they also incur a cost of $25. You can choose any of these methods for adding your funds and withdrawing them later on and the process doesn’t involve any complications.

Trading Platform at Avalon-WM

You have opened your account, added your funds and are ready for trading. But, how will you trade? This is where a broker provides you with a trading platform that you can use for making your moves. The platform can vary from broker to broker, as some companies develop their own software, while others incorporate the ones that are already in use in the markets. As far as Avalon-WM is concerned, they have chosen to use the latter route and had added the MetaTrader4 to their offerings. If you have looked into trading platforms, then you should know that the MT4 is the leading option in the market.

It is renowned all over the world because it is the recommended platform by experts and professionals, due to its powerful technology, features and tools. The MT4 is capable of delivering a smooth trading experience and is considered second to none. Avalon-WM offers you the option of downloading the desktop version of this platform on your Windows or Mac PCs easily and quickly. You don’t have to worry about a learning curve because it boasts a highly intuitive user interface, which makes it easy to use and navigate. One-click trading features ensure that you can enjoy superior trade execution.

The MT4 also comes with a wide range of trading tools that can make a big difference in how you trade. There are advanced charting packages that are incorporated and can help in tracking patterns and trends. Trading indicators and technical analysis tools are also plenty in number, as are calculators and economic calendar. You will also be able to access the latest market news, enabling you to make timely and prompt decisions. Avalon-WM has also added MT4 mobile trading apps to their platform for their clients’ convenience.

These apps are available for Android and iOS ecosystems and are designed to help traders in enjoying flexibility when it comes to trading. It doesn’t matter where you are, as you can access your trading account on Avalon-WM from anywhere, thereby ensuring that you don’t miss any opportunities. Not only are the apps easy to download and use, they also boast advanced features and tools found on the desktop version, so traders will be able to trade efficiently and not make any compromises when it comes to performance.

Security at Avalon-WM

Online trading is not without its fair share of risks; the internet is a very risky place and cybercrimes are widespread, so it is necessary for people to take steps to mitigate the risks. When you decide to use a broker’s services, they have to provide you a secure trading environment to ensure you are not vulnerable. The same applies to Avalon-WM and since it is a regulated broker, they have had to follow the proper procedures. They are fully compliant with AML (Anti-Money Laundering) and KYC (Know-Your-Customer) security policies.

These policies can help in reducing chances of terrorist financing, financial fraud, money laundering and identity theft because traders have to provide proof of ID and address in order to use their Avalon-WM account. To protect your funds, the company has opted to follow customer account segregation rules, which means client funds are not mixed with the broker’s money and maintained in separate accounts with leading banks. They have also used advanced encryption for protecting all sensitive information obtained from their clients in order to prevent criminals from accessing and misusing it.

You will also find excellent customer assistance available at Avalon-WM and diverse educational resources for guidance, making this broker a good choice for any trader looking for a reliable option for their online trading journey.

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