Reported as a scam / unregulated
Why AVERAGE TRADING is on the register
AVERAGE TRADING claims to be a subsidiary of AVERAGE TRADING, which is licensed and regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). However, we did not find any match results for this broker in the above two watchdogs’ registries. Besides, AVERAGE TRADING also claims to be registered in the Cayman Islands. As per relevant law, the Cayman Islands Monetary Authority (CIMA) is the primary financial services regulator of the Cayman Islands, which is responsible for managing the Cayman Islands currency, regulating and supervising financial services, and providing assistance to overseas regulatory authorities. However, no results are matching this broker in CIMA. The truth is, AVERAGE TRADING is not under valid regulation by any regulators to provide investment services. Investors’ funds in this company are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.