Is AvaTrade a Scam? Regulation Check 2026
We checked AvaTrade's licence in the official BVI-FSC register. Here is what the public records say.
Verdict
AvaTrade is NOT a scam. It holds BVI-FSC licence SIBA/L/13/1049, authorising it to offer trading services in Philippines.
How to verify on the official register
| Regulator | BVI-FSC British Virgin Islands Financial Services Commission (BVI-FSC) |
| Licence Number | SIBA/L/13/1049 |
| Regulated Entity | Ava Trade Ltd |
| Founded | 2006 |
What BVI-FSC regulation means
BVI-FSC-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with BVI-FSC directly.
What BVI-FSC regulation means for your money
- Client funds held in segregated bank accounts, separate from AvaTrade's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with BVI-FSC if AvaTrade fails to resolve your issue
- AvaTrade submits to regular independent financial audits under BVI-FSC oversight
Frequently Asked Questions
Is AvaTrade a scam or legitimate?
AvaTrade is NOT a scam. It holds BVI-FSC licence number SIBA/L/13/1049. BVI-FSC is one of the world's most respected financial regulators. The licence is publicly verifiable in the BVI-FSC official register.
How do I check AvaTrade's BVI-FSC licence?
Go to the official BVI-FSC website and use the public register search. Search for licence number SIBA/L/13/1049 or the entity name. The record will confirm AvaTrade's authorisation status and the scope of its permissions.
Are my funds safe with AvaTrade?
As an BVI-FSC-regulated broker, AvaTrade must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if AvaTrade encounters financial difficulties.
What protection do I have as a AvaTrade client in Philippines?
In Philippines, AvaTrade operates under BVI-FSC supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with BVI-FSC.
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