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What is Avenue.us?

Avenue.us is a forex broker that claims to offer a unique trading experience and superior customer service. But is Avenue.us legit or a scam? We take a look in this review.

Is Avenue.us a Legit Forex Broker?

Avenue.us is a forex broker that is based in the Marshall Islands and was established in 2016. The broker is owned and operated by Fintech Software Inc. and is registered with the Marshall Islands Financial Services Authority (MIFSA).

The broker offers its clients the MetaTrader 4 trading platform and a web-based trading platform called WebTrader. Avenue.us provides its clients with a leverage of up to 1:200 and a minimum deposit of $100. The broker does not charge any commissions on trades.

The company behind the Avenue.us brand is also operating another forex broker called Just2Trade Online Ltd, which is based in St. Vincent & the Grenadines and regulated by the Financial Services Authority (FSA).

What Are the Pros and Cons of Avenue.us?

When it comes to Avenue.us, there are a few pros and cons to consider. On the plus side, Avenue.us is a regulated forex broker. This means that they must adhere to certain standards set by the regulatory body in order to remain compliant. This can provide some peace of mind for traders who are worried about their money being mishandled by a broker.

Another pro is that Avenue.us offers a wide variety of tradable assets. In addition to major currency pairs, they also offer CFDs on indices, metals, and cryptocurrencies. This gives traders plenty of options when it comes to choosing what to trade.

A couple of potential cons worth mentioning are the fact that Avenue.us does not currently offer a demo account, and their customer support hours are somewhat limited (they are only available from 9am to 6pm EST).

Should You Use Avenue.us?

Avenue.us is an online foreign exchange broker that offers trading in a wide range of currencies, including the US dollar, Euro, British pound, Japanese yen, and Swiss franc. The company is headquartered in the United States and is regulated by the Commodity Futures Trading Commission (CFTC).

The company offers a variety of trading platforms, including the MetaTrader4 (MT4) platform and the AvenueTrader platform. The MT4 platform is a popular choice for forex traders as it offers a wide range of features and tools. The AvenueTrader platform is a web-based platform that is designed for beginners.

Avenue.us offer a number of account types, including Standard accounts, Mini accounts, and VIP accounts. The Standard account requires a minimum deposit of $500 and allows leverage of up to 1:200. The Mini account requires a minimum deposit of $250 and allows leverage of up to 1:400. The VIP account requires a minimum deposit of $5,000 and allows leverage of up to 1:500.

Avenue.us has received mixed reviews from customers. Some customers have complained about the quality of customer service and the effectiveness of the company’s trading platforms. Other customers have been satisfied with their experience with Avenue.us

Conclusion

Avenue.us is a forex broker that appears to be legitimate and has some good features. However, its customer service could be better and there are some complaints about withdrawals. Overall, it seems like a decent broker but not one that we would recommend as our top choice.

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