Avatrade Payment Disputes and Unfair Terms
As an IB on Ava Trader, I've encountered troubling issues regarding payment deductions and unfair terms. Initially, our agreement was for me to receive a 30% spread, with 30% of the bonus deducted. However, after raising my concerns, they proposed altering our agreement, offering a reduced spread of 20% and 25% for balances exceeding $8,000. It became clear that what mattered to them was bringing in more money, regardless of who was trading. Despite being licensed, this seemed to be their priority. They assured me the deducted bonus would be refunded as a one-time exception, which I accepted. Following discussions with P**** Y**** and R****** N*****, they requested I withdraw my complaint, to which I agreed. However, R****** later attempted to unfairly manipulate the financial calculations, prompting me to reinstate my complaint. It's evident Ava Trader profits from customer losses, with IBs taking a percentage if clients incur losses—a practice I find unacceptable. Their reluctance to honor owed payments, as evidenced by the screenshot below, highlights their unscrupulous practices. Tomorrow, they may refuse payment citing nonsensical conditions like "lot requirements," further jeopardizing your funds.
Progress
Here is the English translation of the provided text:
"The following is the Turkish translation of the visual. If you say you are working globally with Ava and go to ruin transactions, it shows that the IBs make money from your losses by working on the P&L. They do not transmit orders to the market by making a treasury. Let's complain to Meta; if those experiencing issues see that orders are not transmitted to the market, let their Meta be closed, friends. Please support. I am writing the email address for Meta complaints:
Ava Trader employees make profits from the customer's losses by making P&L agreements. It is a company that does not transmit orders to the market and makes a treasury. I request its closure and an investigation to be initiated against it."