Main Score & Risk Matrix
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
AVALON has a critically low score of 1.5/10. Regulatory visibility is weak and investor protection should be treated with extreme caution.
"This broker shows a severe risk profile. Regulatory visibility is weak, investor protection is unclear, and caution is strongly advised before any capital allocation."
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured regulatory license cards have been configured yet.
| Feature | AVALON | AvaTrade | DBG Markets | XM |
|---|---|---|---|---|
| Operating Period | 2-5 years | See review | See review | See review |
| Region | Iceland | See review | See review | See review |
| Minimum Deposit | $100 | See review | See review | See review |
| Spread | N/A | See review | See review | See review |
| Trust Score | 1.5/10 | See review | See review | See review |
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Nano Account | Beginners | Low minimum deposit, 1:10 leverage | Suitable for small-capital practice |
| Mega Account | Novice to Intermediate Traders | 1:30 leverage, moderate deposit | Requires trading volume qualifications |
| Pro Account | Experienced Traders | 1:50 leverage, tailored services | Requires higher minimum deposit |
| Ultra Account | Professional Traders | 1:100 leverage, advanced features | Requires significant trading experience |
To open an account with AVALON, traders must complete several steps. Initially, they will need to submit personal, employment, and financial information. This submission includes identity verification documents, such as an ID and proof of address. After initial setup, clients have the flexibility to upgrade their accounts based on their trading needs and experience level at a later stage.
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | $0 | Tight spreads for major currency pairs |
| Forex (Minor Pairs) | Varies | $0 | Spreads may be wider |
| CFDs (Stocks) | Varies | $0 | Fees may apply depending on the stock |
| CFDs (Indices) | Varies | $0 | Variable spreads based on market conditions |
| Cryptocurrencies | Varies | $0 | Fees depend on market volatility |
AVALON may impose several additional fees, including deposit and withdrawal fees, which could vary by method. Inactivity fees may apply if accounts remain dormant for extended periods. There may also be platform usage fees associated with specific trading tools. Overnight interest, or swap rates, could apply based on the positions held overnight, and currency conversion fees might be incurred when trading different currencies.
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured payment methods have been configured yet.
These are the highest-rated forex brokers registered in Iceland. Each broker listed below has been evaluated based on licensing status, trading conditions, platform quality, and user feedback within the same regulatory jurisdiction as AVALON.
Regional broker recommendations will appear here once more Iceland-based brokers have been reviewed on this platform.
The following brokers represent the highest overall trust scores across all regions on our platform. They are selected independently of AVALON's profile and serve as a benchmark for traders seeking top-tier alternatives worldwide.
Review the regulation section above and verify all license claims directly with the relevant regulator before opening an account.
The currently configured minimum deposit is $100. Always confirm this on the broker website before funding.
The current spread reference configured for this broker is N/A.