Avgstar
Avgstar – a reliable broker from Europe that provides convenient conditions for all traders, both experienced and beginners. The main page of the website is dedicated to the advantages of working with Avg Star, but information about the company itself remains modest. It is claimed that Avgstar Group, registered in Saint Vincent and the Grenadines, holds all rights but has obtained licenses from several regulatory bodies, including the Cyprus Securities and Exchange Commission. There is no confirmation of this information on the website, and no document scans are provided.
The broker has been operating in the market since 2015, attracting over 100,000 new investors who continue to trade successfully. The trading service offers the standard and popular MetaTrader4 platform, which is widely used by millions of traders worldwide. This platform can be used both in a browser and on mobile devices.
The company offers trading in the forex market and investing in PAMM accounts to its clients. There is no information on swap sizes, commissions, spreads, and other important parameters. Instead, the highlighted advantages include:
- user-friendly interface,
- instant order execution,
- low spreads starting from 0 points,
- quick deposit and withdrawal of funds,
- access to trading signals.
The website is presented in English, with no user options to change the language. All information is provided in a concise form. There are no indications of contact information for technical support.
Trading Conditions at Avgstar
Avgstar broker offers opening one of four types of trading accounts:
- Nano Account – designed for novice forex traders, includes everything necessary to start trading,
- Standard Account – a classic account type available to every trader, with a full set of trading tools,
- ECN Account – an account with no fixed commissions, all commissions are already included in the spread size for more convenient trading,
- ECN PRO Account – an advanced account for professionals, providing access to minimal spreads, interbank liquidity, requotes-free trading, with instant order execution.
The minimum deposit size is $300, and the leverage can reach up to 1:500.
Account Funding and Withdrawal at Avgstar
The creators’ website lacks information on funding and withdrawal methods, promising only fast transaction processing, convenient for traders.
No information on withdrawal commission sizes, payment systems used, and specific transaction execution times has been found.
Conclusion
Doubts arise regarding the registration and legality of Avgstar company’s operations, considering the lack of confirming information without documentary evidence, although there is a section on the website where they should be placed. Instead of detailed information about trading accounts, spread sizes, and funding methods, the company offers to familiarize with its advantages.