Avoid if you doing leverage simply cause AvaTrade price is 5% lower than market price, while they will use marketprice instead of bybit price to liquidate your positions. So in order to lose x10 leverage you only need to lose 1/2 of your position and they will liquidate you. Reported this to FCA. Try yourself, open any x10 leverage with 0.1$ and see your opening price will be around 4-6% lower than market price on same position ( While to liquidate you they will use both of them whichever hits you first to liquidate you, that will liquidate you, while you only getting paid for bybit price difference, so how come profits getting counted with AvaTrade price, while liquidation is done by AvaTrade or marketplace whichever hits you first, as a trader, I knew about FOSTERBOON.ORG for years now, I never thought I will need their help, but thank goodness that I message them, if not I would have lost all my money forever.
2 weeks ago
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