After the approval by the Financial Superintendence of Colombia (SFC), the 2006-founded AvaTrade operates 20 offices globally, serving over 400,000 traders. SFC has authorized the company to expand its operations to Latin America.
Global Operations Expanded
AvaTrade, a broker offering diverse financial products and services, aims to make them available to Colombian traders. The company emphasizes operations technology and security by keeping client funds in separate accounts.
The firm continues its trading platforms’ investments, offering access via desktop and mobile devices.
According to AvaTrade Group CEO Daire Ferguson, joining the Colombian market is a significant step in the company’s global expansion strategy and strengthening its regulatory presence in the Latin America (LATAM) markets.
He added that Colombian Traders will access Options, CFDs, and Futures from the world-class multi-asset platform, which allows direct trading on major international exchanges such as Eurex and CME.
For now, AvaTrade has launched AvaFuture, a new futures trading platform. It offers standard, mini, and micro futures contracts.
The platform’s website highlights that the platform provides future contracts for different asset classes, including cryptocurrencies, currencies, commodities, indices, treasuries, and metals. The contract’s price is $1.75 /standard/trade.
AvaTrade Global Epansion
AvaTrade operations extend across several continents, supporting over 400,000 registered traders and facilitating over 2M trades monthly. The firm has 20 offices globally and upholds a regulated trading atmosphere.
LATAM Regional Director Jeffrey Navarro added that the SFC’s proactive financial regulation strategy is a benchmark for Latin America. He said that AvaTrade approval gives Colombian traders access to safer, more transparent global trading options.
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