In the days before the Internet, con artists could grow and proliferate for a long period of time. It was very difficult to share negative reviews offline. But, in the Digital Age, all of that has changed.
In fact, the world might be at the polar opposite – it is actually a little too easy to damage a firm’s reputation. What did the GC Report AvaTrade review discover about the longevity of this Forex broker? Is the longevity of AvaTrade, a sign of its legitimacy?
Decade of Business
The Forex industry is fast-paced. There are many computer programmers and financial experts, who want to cooperate to create a great online exchange for people to trade commodities, currencies, stocks and indices. Many Forex brokers pop up all the time.
But, very few have lasted for more than a decade. AvaTrade was founded in Ireland back in 2006. That date is important because it was before the 2008 Credit Crunch. The founders of AvaTrade knew something that others didn’t.
You might discover that many Forex brokers opened their doors “after” 2008, but not before. AvaTrade is a trendsetter. Is AvaTrade a scam? It is very difficult for an industry trendsetter to be a scam. Why?
You might have noticed the pattern of fame. When you become more famous, people pay more attention to you, for good or bad. Celebrities have more paparazzi taking secret pictures of them.
While AvaTrade might not have paparazzi hiding in their corporate bushes, they do have more people who can write bad reviews. Yet, they still remain very popular. Why? Because they are legit. They have more than $60 billion traded on AvaTrade per month.
FX Empire Award Winner
And, the well-respected FX Empire Forex broker review has also awarded AvaTrade year after year from 2013 to 2016. How many other Forex brokers can say the same?
Very few. AvaTrade is a trendsetter and some competitors don’t like that. This AvaTrade review found a solid Forex broker for making money.