ANSWER Dear Sir or Madam, Advancia and Avatrade are two different platforms. Advancia is an unlicensed broker, supposedly in Switzerland, operating outside the regulatory framework, with a warning issued by the Swiss Financial Market Supervisory Authority (FINMA).Avatrade is a trading brand of AVA Goup, and AVA Goup of companies are authorized and regulated in many jurisdictions.1) Ava Trade Markets Ltd is regulated by the British Virgin Islands Financial Services Commission (BVI FSC).2) Ava Capital Markets Australia Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC) with No.406684.3) Ava Capital Markets Pty is regulated by the South African Financial Sector Conduct Authority (FSCA) with No.45984.4) Ava Trade Japan K.K. is licensed and regulated by Japan Financial Services Agency (FSA) (License No.: 1662).5) Ava Trade Middle East Ltd is regulated by the Financial Services Regulatory Authority (FSRA) with license No.190018.6) AVA Trade EU Limited is regulated by the Financial Conduct Authority (FCA) under EEA Authorization—by the Central Bank of Ireland (CBI) under No.C53877.7) ATrade Ltd is regulated in Israel by the Israel Securities Authority (ISA) with No. 514666577.These two platforms look similar by name, but they are not actually associated in any way. For more details about them, please refer to our full review of Advancia and full review of Avatrade.
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