Wed, April 17, 2024

AvaTrade VIP Clients Enjoy 2.7% Interest Boost.

Broker News

Online broker AvaTrade has introduced an attractive benefit for its exclusive VIP clients. This new feature entitles qualifying clients to receive interest payments, thus enriching their trading journey. AvaTrade deposits an annual interest rate of up to 2.7% directly into the accounts of chosen VIP customers, providing them an additional trading advantage.

The AvaTrade CEO, Daire Ferguson, previously stated that AvaTrade’s consistent aim over the past 17 years has been to generate opportunities for traders. He shared that the credit on free margin was a way to reward loyal clients, enabling them to exploit market opportunities and see their investments flourish. AvaTrade plans to extend this benefit to a larger customer base despite being available to a select group of VIP clients.

AvaTrade Broadens Its Scope from CFDs to Options Trading

Established in 2006, AvaTrade specializes in Contracts for Difference (CFDs) across various asset classes. As reported by Finance Magnates, the firm has since grown its offerings to encompass options trading. AvaTrade, under the governance of the Central Bank of Ireland, holds global licenses, including regions like Israel, the Middle East, South Africa, Japan, and Latin America. The company prides itself on its trading platforms, including MetaTrader 4, MetaTrader 5, AvaTradeGO, and AvaOptions, with a strong focus on technological advancement. Features like Guardian Angel, AvaProtect, and Duplitrade enhance risk management, offering traders additional security.

Complying with European standards, AvaTrade guarantees client fund segregation for financial safety. Plans include opening an office in Madrid, Spain, providing online training, and introducing vanilla options to broaden their trading product portfolio. The firm is also looking into including futures contracts, specifically index futures, to offer its traders an expanded range of options.

 

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