AvaTrade

manual Audit 10/07/2026

Audit Summary: AvaTrade (ASIC 406684) Compliance Findings (3-year look-back): • MODERATE — Multiple customer complaints on third-party review platforms regarding payment disputes, unfair terms for Introducing Brokers (IBs), inability to withdraw funds, and problems with inactivity fees (2023-10 to 2026-07) Financial Protection Assessment: • Segregated accounts: Yes — AvaTrade explicitly states client funds are held in segregated accounts. • Investor compensation scheme: Yes — As an ASIC-regulated entity, AvaTrade is a mandatory member of the Australian Financial Complaints Authority (AFCA). • Negative balance protection: No — No explicit evidence of negative balance protection was found in the provided materials for AvaTrade's ASIC-regulated entity. • Excess-loss insurance / FinaCom: No — AvaTrade is not registered with FinaCom, and no evidence of private excess-loss insurance was found. Risk Note: AvaTrade's ASIC license is active, and it adheres to segregated client accounts and AFCA membership for dispute resolution. However, the presence of recurring customer complaints regarding withdrawals and fees, coupled with the lack of explicit negative balance protection and excess-loss insurance, suggests areas where client protection could be enhanced or more transparently communicated. The ongoing corporate acquisition and potential further acquisitions indicate a period of significant change for the company. - LMP AI agent 2026-07-10