AVAFXIndex Review: Is the High ROI Too Good to Be True?

Welcome to our AvaFXIndex Review!

On January 24, 2023, two days ago, we received the following complaint from a person who claims being scammed out of $8,500 by avafxindex. The person had a conversation online with a trader who claimed to work for a company. The trader promised great results by investing with her. The person gave her $450.

After two days, the investment reportedly increased to $8500. The person was informed that the trading would take 5 days. After that, the person could either withdraw or invest more money.

After 2 to 3 days, the trader informed the person that the signals were becoming weak and that an additional $1680 was needed to continue.

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The person realized it was a scam and the account was suddenly closed, resulting in the person losing access to their money and profit. The trader refused to return the person’s money.

They didn’t mention the exact URL, but searching Google for “avafxindex” reveals the website avafxindex.online.

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    What is AvaFXIndex.online?

    AVAFX Index claims to be a leading platform for crypto trading and NFT market, which offers a wide range of digital coins for trading 24/7, and also allows for the buying and selling of NFTs.

    They provide a demo account with $1000 for users to practice their trading skills, and a variety of expert traders to follow.

    The platform is accessible on multiple devices and they also provide an NFT marketplace for users to buy and sell NFTs with ease.

    AVAFX Index also offers different trading plans with varying ROI and features such as trading bots and expert traders.

    They also have a referral program where users can earn commissions on successful trade calls made by others.

    They aim to make cryptocurrency trading easy and provide a stable, reliable, and guaranteed weekly income for their investors.

    So is AvaFXIndex legit or is it a SCAM?

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    AvaFXIndex Review

    The domain avafxindex.online was registered through the Hostinger registrar on August 27, 2022 for one year by an organization from NY, US, according to the Whois records.

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    The website is hosted by Hostinger International Limited.

    While it has been online for almost 5 months, it has not garnered a significant following and in fact it is a relatively deserted website which barely sees any traffic.

    Still, it is possible that the few people who do visit can possible be scammed and lose a lot of money…

    The fact that avafxindex.online is less than 6 months old and it is very unpopular is definitely a red flag.

    Every legitimate company needs an About us page which provides information about the company and/or people who are behind the website, including a registered address, telephone numbers, LinkedIn profiles etc.

    However, on the about us page of Ava FX Index no such information can be found.

    And the image of team members they use is a dreamstime stock photo.

    AVA FX INDEX Fake Team Photo

    They also made a mistake of writing that “Phoenix Financial Trades offers a range of options to make the most off your investment,” which indicates that they either copied the content from a site called Phoenix Financial Trades, or that that was their previous attempt at scamming people.

    They claim to be regulated by the FCA, but no proof is provided.

    The contact information they provide is the email support@avafxindex.online, telephone number +1 (773) 598-9401 (a Chicago, IL, USA phone number), and an address: 40 Wall St Fl 4 New York, NY 10005 United States. (The address of the Trump Building!)

    There are also links to Facebook, Twitter, Instagram, and YouTube, but they don’t work, as well as a contact form and a live chat widget.

    In an FAQ section on their Contact page, the answers do not open, however one question says: “How Can I Invest With phemexlite.com?”

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    So we have Phoenix Financial Trades & phemexlite.com

    In addition to those, we were able to find many other sites which contain the same text found at avafxindex.com, indicating that the same scammers are behind them as well. These include:

    • phftrades.online
    • ennoxxnftmarket.com
    • hotbullsfxtrader.com
    • hotbullsfxtrader.online
    • gethighwizard.com
    • benarmstrong-trades.com

    AvaFXIndex Reviews

    We could not find reviews about any of the sites, including AvaFXIndex.

    AVAFXIndex Review - Screenshot of AVAFXindex.online

    Bottom Line – So is is AVAFXindex a Scam?

    The trading packages offered by AVA FX promise impressive returns on investment, with the STARTER package offering a 150% ROI in just 2 weeks, the SILVER package offering a 250% ROI in 4 weeks, the GOLD package offering a 350% ROI in 5 weeks, and the PLATINUM package offering a staggering 450% ROI in just 3 months.

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    Each package also comes with added benefits, such as access to expert traders and a trading bot for the GOLD package, and a unique “beat the market maker” strategy mixed with a macro Fibonacci+pattern analysis for the PLATINUM package.

    However, with such high returns on investment being offered, one must question if these promises are too good to be true.

    For example, if a trader invested $2000 in the PLATINUM package, they would earn a return on investment of $9,000 (450% of $2,000) in 3 months.

    In conclusion of this AvaFXIndex review, the trading packages offered by AVAFX Index promise impressive returns on investment, but with such high returns being offered, one must question if these promises are too good to be true.

    Our investigation has uncovered several red flags including a lack of information about the company and its team, a lack of reviews, and links to other scam websites.

    Additionally, the website is less than 6 months old, and it is very unpopular.

    Therefore, it’s not a reliable platform for trading.

    We recommend that you do your due diligence and thoroughly research any trading platform before investing your money.

    If you have any firsthand experience with the AVA FX Index scam, please comment below this AvaFXIndex review and share your story with us.

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    1 thought on “AVAFXIndex Review: Is the High ROI Too Good to Be True?”

    1. They were trying to collect an additional payment amounting to 11,800pesos for the “Signal Fee” which is more than the amount I invested of 2,000pesos. How am I going to believe them, that tge profit I’m going to earn is more, when they are now trying to collect additional fees which were never discussed by the so called account manager.

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