BrokerSafari Evidence Score
This is an evidence-based editorial calculation, not a guarantee of safety, an account test or an investment recommendation. It uses only the structured research recorded for this broker, never another website’s rating.
- BrokerSafari Evidence Score
- 4.7 / 10 — High Caution
- Evidence confidence
- medium
- Evidence coverage
- 56%
- Assessed quality score
- 5.0 / 10
- Evidence-gap penalty
- −0.3
- Score before caps
- 4.7 / 10
- Calculated score after caps
- 4.7 / 10
- Regulation & Legal Entity
- Weight 30%; coverage 66.7% (2/3 inputs). Quality 4.0 / 10; 12 / 30 weighted points before normalization and penalties.
- Safety & Client Protection
- Weight 20%; coverage 0% (0/4 inputs). Quality unassessed — not zero.
- Transparency
- Weight 15%; coverage 100% (4/4 inputs). Quality 6.6 / 10; 9.9 / 15 weighted points before normalization and penalties.
- Fees & Trading Costs
- Weight 10%; coverage 75% (3/4 inputs). Quality 4.0 / 10; 4 / 10 weighted points before normalization and penalties.
- Deposits & Withdrawals
- Weight 10%; coverage 60% (3/5 inputs). Quality 4.0 / 10; 4 / 10 weighted points before normalization and penalties.
- Trading Platform & Products
- Weight 10%; coverage 50% (2/4 inputs). Quality 6.0 / 10; 6 / 10 weighted points before normalization and penalties.
- Track Record & Independent Evidence
- Weight 5%; coverage 50% (1/2 inputs). Quality 8.0 / 10; 4 / 5 weighted points before normalization and penalties.
Quality uses only assessable inputs. Entirely unassessed categories are excluded and remaining category weights are normalized; missing evidence is not zero quality. Coverage separately measures assessed input weight out of 100%. A gap penalty of 0.0, 0.3, 0.7 or 1.2 is applied before regulatory caps. Source strength affects confidence, not a direct multiplication of the quality score.
Rating cap
4.9 / 10 — An applicable unauthorized-firm warning or serious enforcement action is recorded.
Why this score?
Verified strengths
- Regulation & Legal Entity — Account-serving legal entity: partially verified. Partial verification only; unresolved scope remains an evidence gap.
- Trading Platform & Products — Platform identity and clarity: partially verified. Partial verification only; unresolved scope remains an evidence gap.
Provider-disclosed evidence
- Transparency — Company transparency: medium.
- Transparency — Legal-document transparency: medium.
- Transparency — Regulatory-disclosure transparency: medium.
- Transparency — Contact transparency: low. A disclosure weakness is recorded, not an independently established operational failure.
- Fees & Trading Costs — Spread transparency: low. A disclosure weakness is recorded, not an independently established operational failure.
- Fees & Trading Costs — Commission transparency: low. A disclosure weakness is recorded, not an independently established operational failure.
- Fees & Trading Costs — Overnight-fee transparency: low. A disclosure weakness is recorded, not an independently established operational failure.
- Deposits & Withdrawals — Deposit and withdrawal fee transparency: low. A disclosure weakness is recorded, not an independently established operational failure.
- Deposits & Withdrawals — Payment-method transparency: low. A disclosure weakness is recorded, not an independently established operational failure.
- Deposits & Withdrawals — Withdrawal-term transparency: low. A disclosure weakness is recorded, not an independently established operational failure.
- Trading Platform & Products — Trading-product transparency: low. A disclosure weakness is recorded, not an independently established operational failure.
Supplementary independent evidence
- Track Record & Independent Evidence — Independent-source documentation: medium.
Evidence gaps
- Regulation & Legal Entity — Relevant financial regulation: unassessed.
- Safety & Client Protection — Client-money segregation: unassessed.
- Safety & Client Protection — Negative-balance protection: unassessed.
- Safety & Client Protection — Investor-protection coverage: unassessed.
- Safety & Client Protection — Security controls: unassessed.
- Fees & Trading Costs — Live trading-cost testing/corroboration: unassessed.
- Deposits & Withdrawals — Independent withdrawal testing/corroboration: unassessed.
- Deposits & Withdrawals — Verified withdrawal findings: unassessed.
- Trading Platform & Products — Mobile availability: unassessed.
- Trading Platform & Products — Platform testing: unassessed.
- Track Record & Independent Evidence — Operating history: unassessed.
Verified concerns
- Regulation & Legal Entity — Regulatory warnings and enforcement: unauthorized firm warning.
Broker Overview
The official CVM warning names avalonbroker.com. It concerns securities-intermediation and investment solicitation in Brazil. It should not be paraphrased as a global finding that the website is a scam.
| Website reviewed | avalonbroker.com; also named in the CVM warning. |
|---|---|
| Company named in site terms | Direct Response Angels Marketing, company number L 57466, address in Nevis; provider disclosure only. |
| Brazilian regulatory finding | CVM warning and suspension order published 13 November 2025, limited to the stated securities activity in Brazil. |
| Account testing | No account, trading, deposit or withdrawal tested by BrokerSafari. |
Regulation
On 13 November 2025, Brazil’s CVM warned about Avalon and listed avalonbroker.com among the domains. The regulator said the named platforms did not have CVM authorization to intermediate securities or raise investor funds for securities investment in Brazil, and ordered suspension of the described public offers. The warning is specific to the CVM notice and Brazil; no broader conclusion is made here.
Legal Entity & Jurisdiction
Avalon / avalonbroker.com, as named in the CVM notice
| Legal entity | Avalon / avalonbroker.com, as named in the CVM notice |
|---|---|
| Regulator | Comissão de Valores Mobiliários (CVM) |
| Licence / reference | CVM notice published 13 November 2025; no licence number assigned to the warning. |
| Jurisdiction | Brazil |
| Client type | Not available in the cited record; check the local account agreement. |
| Record status | CVM stated that the named platforms were not authorized to intermediate securities or solicit investor funds for securities investments in Brazil, and ordered suspension of the described public offers. |
| Evidence type | Regulator record |
| Source | CVM — official warning and suspension order |
| Last checked |
Direct Response Angels Marketing
| Legal entity | Direct Response Angels Marketing |
|---|---|
| Regulator | Not available in this research record |
| Licence / reference | Not available in this research record |
| Jurisdiction | Nevis (as stated in the website terms) |
| Client type | Not available in this research record; check the local account agreement. |
| Record status | No regulator record matched for this entity in the cited material. |
| Evidence type | Company name, number L 57466 and address disclosed in Avalon’s terms; not independently verified against an official company registry. |
| Source | Not available in this research record |
| Last checked |
Broker brands may operate through multiple companies. The applicable regulator, permissions, products, client protections and complaint route depend on the legal entity named in the account agreement and the customer’s jurisdiction. A group company’s licence does not automatically apply to another company.
License Information
| CVM warning | Official notice names avalonbroker.com and states it is not authorized for the specified securities activity in Brazil. |
|---|---|
| Other financial-services licences | Not independently confirmed in this research pass. |
| Company registration | Terms disclose L 57466; no independent company-registry match is asserted. |
| Last checked | 22 October 2026 |
Company Information
Avalon’s terms name Direct Response Angels Marketing, company number L 57466, and an address in Nevis. BrokerSafari has not confirmed the registration in an official corporate registry or verified that the named company is the recipient of any payment.
Trading Platforms
Avalon’s terms describe an online electronic trading platform. They do not independently establish the platform vendor, software identity, server, device support or service availability for a particular account. Those details remain Not available in the sources reviewed.
Trading Products
The terms refer generally to financial instruments and a trading platform. BrokerSafari did not establish a complete current product list or confirm which products are available to customers in each country.
Trading Conditions
The terms define a spread and describe platform prices, but no complete, current instrument specification or account schedule was verified. Leverage, margin, stop-out and execution conditions for a specific account are Not available in the reviewed evidence.
Fees
| Spread | The terms define a spread; live or instrument-specific spread values were not verified. |
|---|---|
| Commission | A complete current commission schedule: Not available in the sources reviewed. |
| Overnight / financing | Current rate and calculation: Not available in the sources reviewed. |
| Deposit and withdrawal charges | Current schedule: Not available in the sources reviewed. |
Deposit & Withdrawal
The terms refer to separate payment and withdrawal policies, but the current method-specific fees, limits, eligibility and processing terms were not established here. BrokerSafari did not deposit or withdraw funds. Treat any payment or withdrawal promise as unverified until its exact terms and recipient are confirmed.
Research Summary
The strongest evidence is the official CVM warning naming the exact website and describing a Brazil-specific restriction. The site terms disclose a company name, but its corporate identity, non-Brazilian permissions, platform details and full costs remain unresolved.
Safety / Regulation Analysis
The CVM warning is a material regulatory concern for the activity and jurisdiction it describes. It must not be generalized beyond the notice. Separately, no financial-services authorization for another jurisdiction was independently confirmed and the company disclosure was not matched to an official corporate record. This evidence does not establish that a withdrawal was tested or that the provider has been assessed in every country.
Our View
The CVM’s official notice names avalonbroker.com and states that the named platform lacked authorization for specified securities-intermediation activity in Brazil.
The site’s terms disclose a Nevis company, but independent confirmation of the entity and any other financial-services licence remains outstanding. We do not make a global scam finding.
A score does not guarantee results or establish that a broker is safe. Every broker receives an evidence score. Unknown information is excluded from quality assessment, not treated as poor performance. Coverage, confidence and a modest evidence-gap penalty reflect research limitations; verified concerns and regulatory caps remain separate.
What Is Avalon?
Avalon is the brand used on avalonbroker.com. The website’s terms identify Direct Response Angels Marketing, company number L 57466, at an address in Nevis; this remains a provider disclosure.
The CVM notice is a regulator source and refers to the exact website domain. Its conclusion is limited to Brazil and the securities activities stated in the notice.
Is Avalon Regulated?
The CVM’s 13 November 2025 notice lists avalonbroker.com and states that the named platforms were not authorized to intermediate securities or raise investor funds for securities investments in Brazil. The notice ordered suspension of the described public offers. This does not state a global status for all products or jurisdictions.
Company and Legal Entity
The terms identify Direct Response Angels Marketing, company number L 57466, and an address in Nevis. BrokerSafari has not independently confirmed that registration or its relationship to an account counterparty.
A brand name, a company registration and a financial-services licence are different things. A company registration alone should not be interpreted as a financial-services licence. The legal entity in the customer agreement must match the relevant regulatory record and the services being supplied.
Markets and Trading Products
The official terms refer to financial instruments but do not establish a complete verified instrument list for each country. The CVM notice concerns specified securities activity in Brazil.
Trading Platform
The terms describe an electronic trading platform. The platform provider and account-specific functions were not independently verified.
BrokerSafari has not independently tested the trading platform. A published platform name or download link is not a test of execution, account access, data security or the ability to recover money.
Fees and Trading Costs
The terms define a spread, but current spread values, commission, financing and payment charges are not available in the reviewed source set.
Deposits and Withdrawals
The terms reference payment and withdrawal policies; current method-specific details were not verified. No funding or withdrawal test was performed.
BrokerSafari has not independently tested withdrawals from Avalon. Before funding an unfamiliar provider, review withdrawal eligibility, identity-verification requirements, fees, payment-recipient details and the entity responsible for the account. No withdrawal speed or success rate is asserted here.
Is Avalon Safe?
The official Brazil-specific CVM warning is relevant to the named domain. The operator identity, other jurisdictional authorizations, fee schedule and withdrawal arrangements remain unverified.
What Should Traders Verify?
- Match the exact website and legal entity against the customer agreement and payment recipient.
- Search the relevant regulator’s official register; compare the name, domain, reference number and contact details.
- Check whether the permission covers the intended service, client category and jurisdiction.
- Read the complete fee schedule, including overnight financing, conversion and account charges.
- Review funding, withdrawal and account-closure terms before sending money.
- Identify the complaint route and any investor-protection eligibility; do not assume these apply across a group.
Evidence Reviewed
A Last Checked date records when the source or its availability was reviewed. It is not a promise of continuous monitoring. A record found for a similarly named company is not transferred to the entity under review. No third-party rating or customer report is adopted as regulatory verification.
CVM — warning naming Avalon and avalonbroker.com
Avalon — customer agreement / terms
Other regulator records
What We Could Verify
- The CVM published an official notice naming avalonbroker.com and describing a Brazil-specific securities-intermediation restriction.
- The Avalon terms disclose Direct Response Angels Marketing and company number L 57466.
- The terms refer to an online platform and define spread terminology.
Information Still Unclear
- Independent confirmation of the company registration and the account/payment counterparty.
- Any financial-services authorization outside the scope of the CVM notice.
- Complete product, platform, leverage, fee, funding and withdrawal terms for a specific customer.
How BrokerSafari reviews brokers
| Evidence standards | BrokerSafari prioritizes primary evidence such as financial-regulator registers, legal disclosures and official company documents. Broker claims are attributed to the broker unless independently verified. Third-party reviews and user reports may provide useful context, but they are not treated as substitutes for regulatory records. |
|---|
Risk disclaimer
This review is general research, not personal financial advice or a recommendation to open an account. Trading and investing involve the risk of loss. Leverage can increase losses, while regulatory authorization does not guarantee investment performance, withdrawal outcomes or provider solvency.
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FAQ
Brazil’s CVM issued an official notice naming avalonbroker.com and stated that the named platforms were not authorized for the described securities-intermediation activity in Brazil. This review did not independently confirm another financial-services licence. The warning is not extended beyond its stated scope.
The CVM warning is a material Brazil-specific regulatory finding. The legal entity, other permissions and current service scope remain unresolved. BrokerSafari does not make a global “scam” finding from that notice.
The CVM warning applies to the activity and jurisdiction described in its notice. The site’s disclosed company, other licensing, platform, fees and withdrawals require further independent verification.
The site terms identify Direct Response Angels Marketing, company number L 57466. Independent corporate-registry confirmation and ultimate ownership information were not established in this research pass.
Avalon’s terms state an address in Nevis. The CVM warning concerns securities-intermediation activity in Brazil. Those facts do not determine the company’s authorization or service status in every jurisdiction.
Confirm the precise legal entity and domain in the account agreement, then check the relevant regulator’s own register for matching permissions and contact details. Read the fee schedule, withdrawal conditions and complaint procedure. Establish which jurisdiction governs the account and whether any investor-protection scheme applies. A group licence or a similarly named firm is not sufficient evidence for your particular account.
No. This page is desk research of the public sources and limitations identified in Evidence Reviewed. BrokerSafari has not opened or funded an account, placed live trades, measured execution or independently tested withdrawals from this provider. Company descriptions of platform features and transaction times are not firsthand findings. The numerical Evidence Score reflects documented research, not firsthand testing or assurance of operational reliability.