AvaTrade is a broker situated in Ireland’s capital city, Dublin. It is an online Forex broker and contract for difference broker. By now the company developed to a worldly famous broker, and through its mobile apps and online trading platform, AvaTrade offers traders the possibility to trade with different assets, should it be currencies, commodities, stock indices, equities, bonds and exchange-traded funds.
Throughout its history, since its foundation in 2006, AvaTrade was known as Ava FX. The establishers of Ava FX were Emanuel Kronitz, Negev Nosatzki and Clal Finance. Nosatzki and Kronitz run the group of finance professionals who wanted to create a Forex broker that is customer service-oriented. In order to reflect the company’s broader scope of business, Ava FX changed their name to Ava Trade. So since then, AvaTrade is dealing with – not only Forex, as FX suggested – stocks, indices that include Dow Jones and Standard & Poor, commodities and bonds. Since then, AvaTrade had more than 200,000 clients registered from more than 160 countries with more than 2 million monthly trades.
The headquarters of AvaTrade is in Ireland, and it has a holding company in the British Virgin Islands with offices and centers worldwide; in Tokyo, Milan, Paris, Sydney, Shanghai and Ulaanbaatar in Mongolia.
AvaTrade is regulated by the Central Bank of Ireland for the European Union, Australia covers the regulations via Australian Securities & Investments Commission, British Virgin Islands Financial Services Commission covers the regulation in British Virgin Islands, in Japan it is being regulated by the Financial Services Agency, the Financial Futures Association of Japan and the Commodities Futures Association of Japan. AvaTrade’s biggest markets are the EU and Asia. AvaTrade does not trade in the United States.
Platforms and products
AvaTrade’s primary platform is MT4 and its own software. Both options can be accessed through a browser and mobile applications. There is also an automated platform for trading; Mirror Trader, Zulu Trade and some others more. AvaTrade’s customized platform is really simple to use, and it is solid as well as MT4 is. AvaOptions were launched in 2013, which is a trading platform that allows customers buying and selling currency options and executing more complex strategies for investing and hedging.
That year AvaTrade became one of only to Forex brokers that could offer bit coin trading online, as they launched bit coin trading with CFDs on their platform as well as the MT4.
The company started with Hush Trade website for educating their customers with advices, training materials and other important professional traders’ content in the beginning of 2014 which really widened the scope of operations at AvaTrade.
Since July of 2010, AvaTrade has been in a possession of a Japanese Forex broker Art Co. In March 2011, AvaTrade bought non-US customer book of broker eForex. Two months later clients and client assets outide the EU from Finotec Trading UK Ltd became in the ownership of AvaTrade. In July of 2014 AvaTrade acquired a customer book of YouTradeFX and brought the customers of that Sydney based broker to AvaTrade platform.
Honors and awards :
• Daily Forex, Best Customer Support, 2009
• World Finance Foreign Exchange Awards: Best Forex Broker in Canada, Most Transparent Broker, Best Forex Broker BVI, Best Forex Broker Middle East, Best Islamic Forex Provider, 2010
• Investing.com Security of Funds Excellence Award, 2013
• FX Empire, Best Forex Brokers, 2014
• Daily Forex, Rated #2, 2014
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