AVIA offers account management services to traders with different performance outputs for each. They follow a semi-automated trading methodology. The devs point out that 70% of the trading is carried out by the robot, while the remaining 30% is handled manually. Our article will discuss various characteristics and features of the company and decide whether it is safe to use their service .

Product offering

The account management information is presented through a single webpage. All the output, performance, and risk management information is delivered through a single web page. Although the characteristics are presented neatly, it would have been better to distribute them amongst various tabs. It can be confusing to search for the information that you need to know about the service.

Vendor transparency

The company behind the AVIA is LEEFTURN who claims to have offices in the United States and Canada. The company doesn’t provide any information on the developers of the program. They share their registration license number as #005002593 in Canada.

Price

The company charges performance fees that differ based on the initial investment amount. As you increase the initial investment capital, it will slightly decrease. For the minimum investment of $3000, the costs are 36% on all the profits obtained. The leverage requirement also decreases as soon as you increase your balance. There is also a 30-day risk-free trial that traders can take to understand the system’s performance.

The fee structure of AVIA.

Trading strategy

The company presents different programs that differ on the basis of the risk and percentage gains. They follow a 70% automated and 30% discretionary strategy, which involves manual intervention depending on market sentiment and defensive interventions. They state that they are focused on macro fundamentals and do not take unnecessary risks. 

To understand their strategy better, we head over to the live records on FXBlue. We see from history that the company trades on multiple currency pairs and uses a martingale strategy to get out of the losing trades. 

The trading history on FXBlue.

Trading results

Verified trading records are available on FXBlue that show performance from May 12, 2021, till the current date for a very aggressive portfolio. The system made an average monthly gain of 77.1% during the period, with a drawdown of 48.5%. The stated drawdown is high, meaning the account loses nearly half of the initial value during trading. The winning rate stood at 77.7%, with a profit factor of 1.77. The average winning trade was $14.29, while the worst was -$28.10. There were a total of 2347 trades. The developer made $3500 in deposits and $4424.47 in withdrawals. 

AVIA Trading results

Customer reviews

There are no customer reviews on Forex Peace Army or TrustPilot, which shows that no one has used the service. Traders are mostly afraid to try them out as the company has recently started tracking their performance. The average drawdown on the aggressive portfolio that offers a good return is relatively high, which can induce fear amongst investors.

Looking for the best forex robot?Discover top-performing systems selected by ForexRobotExpert team
PROS
The company offers a free trial to test their service
CONS
They do not share the strategy and the fact that they are using martingale strategies
The drawdown is high on the portfolio using an aggressive strategy
There are no backtesting results available for the robot
4
Verdict
AVIA is amongst those account management services that appear online for a short duration to make some quick cash and then disappear after causing margin calls. Investors are more likely to follow their aggressive portfolio, which already has a high point of drawdown. The company is not transparent about its account managers and the strategy, which raises concerns over its authenticity. It is better to wait and see the future of AVIA before placing any sort of heavy investments.

Leave a Reply

  +  11  =  13