I am going to share with you this high profile forex broker, Avafx whether it's scam or not. Enjoy my review and rantings!
In: Avafx Fraud| Avafx Scam
5 Mar 2010Since its emergence in 2006 and the company is facing lots of campaign questioning its integrity and claiming that Avafx is indeed a “fraud”. So let us take a closer look about what they said in these campaigns and whether this avafx fraud case is true or not.

First of all, this avafx fraud case scenario was first claimed after the emergence of the company on 2006 and it was done by several customers who claimed that they had several problems dealing with avafx. The first thing they said is that they were not able to withdraw their profits from the company. When you look at the forums, you will see that there were lots of posts discussing such problems and those customers kept discussing their bad experience with the company. After a while we started to discover that most of the claims were just fake posts made by affiliates to competitor companies and they were only trying to boost the fraud image at avafx so people would stir away from the company and stay with the competitors.
In the beginning, investors believed that these posts about the avafx being a “fraud” may be true. But, after a short while they discovered that most of the posts talking about problems with avafx transactions are promoting other companies and brokers. That made the experienced investors realized that most of these posts are fake and nothing more than a marketing ploy by the competing affiliates.
Of course some investors had problems withdrawing money from avafx but, the number of these investors is insignificant when compared to the total number of investors dealing with avafx on daily and monthly basis. For example, the clientele base of avafx had exceeded 50,000 investors performing a volume of 20 billion dollar transactions every month so, even if 500 investors are facing problems every month then this is just one percent of the total number of the clients while there are still 49,500 investors who are dealing smoothly with avafx.
Through the following years, people started to abandon the avafx fraud campaigns because they saw the results of different people working with avafx and how they are making profits and receiving money smoothly and easily.
Since 2008 and the avafx fraud wave had been fading because people started to see tangent profits and lots of investors had dealt with avafx and got their profits out of the accounts easily without any problems. Although there are still individual cases where the money got delayed but, these sporadic cases are not considered scam because we are talking about a very small percentage out of the whole number of investors dealing with avafx.
Also, checkout this other post regarding another avafx fraud/scam scenario: avafx forexbastard scam .
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The title says it all... keep reading if you want to know whether you can rely on this broker or not.
3 Responses to An Avafx Fraud Accusation Revealed!
thierry
June 24th, 2010 at 6:16 am
Bonjour,
Je pense que votre blogue n’est pas mieux, soit parce que vous tarvaillez chez eux, soit parce que votre chiffre d’affaire dépend de l’affiliation.
En vous lisant et en regardant les categories du blog, on peut s’apperçevoir que vous êtes pour avafx.
Une véritable information est faite par une personne neutre qui n’offre pas de souscrire chez avafx ni chez personne d’autre.
Hello
I think your blog is not better, or because you tarvaillez home, or because your turnover depends on affiliation.
By reading and watching the categories in the blog, we can perceive that you are for AVAFX.
A true information is made by a neutral person who does not subscribe to AVAFX nor in anyone else.
Rui
October 9th, 2010 at 12:10 am
“even if 500 investors are facing problems every month then this is just one percent of the total number of the clients while there are still 49,500 investors who are dealing smoothly with avafx.” Maybe you mean LOOSING SMOOTHLY!
Arnold
December 1st, 2010 at 9:45 pm
I don’t believe in this blog, How do you pretend to have a great system when 1% of the people is not happy ?????, this 1% represent a big part of people who have done an investment in your company, and thanks to that, you will lose a big percent of new clients.
You are accepting that you have problems, but what about unhappy people… ???, you all guys have to guarantee 100%, not 99% is not an option, you have to do it