AvaTrade, a forex and contracts for differences (CFDs) broker, has recently announced an expansion in its offerings. The company has selected Worldpay as its new payments partner. Worldpay's solutions are expected to handle AvaTrade's payment processing requirements, facilitating swift and secure transactions for all customers.

Expanding Payment Options

Karel Voigt, Strategic Sales Director Financial Services at Worldpay, shared on LinkedIn: “Thrilled to share that leading online trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term broker, AvaTrade, has chosen Worldpay as their new payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term partner. Our robust solutions will power AvaTrade’s payment processing needs, enabling fast and safe transactions for all their customers.”

Meanwhile, Worldpay, LLC, has completed its sale and now operates independently under GTCR's majority ownership (55%), with FIS retaining 45%. Charles Drucker has resumed his CEO role to optimize performance.

The company plans to enhance client value through increased investment in product development and technology, aiming for strategic acquisitions across industries and regions. GTCR has pledged up to $1.3 billion in additional equity capital to support these efforts.

Introducing AvaFuture for Futures Contracts Trading

AvaTrade has broadened its services by introducing a specialized futures trading platform called AvaFuture, as reported by Finance Magnates. This platform offers micro, mini, and standard futures contracts across various asset classes, including indices, commodities, currencies, treasuries, cryptocurrencies, and metals. The pricing for these contracts is set at $1.75 per standard per trade, as stated on the AvaFuture website.

Established in 2006, AvaTrade is headquartered in Ireland and provides retail forex and CFD trading services for stocks, ETFs, cryptocurrencies, and other assets. The addition of futures trading expands its offerings to retail traders, complementing its existing services such as options trading through AvaOptions.

AvaTrade is regulated by authorities in Ireland, the British Virgin Islands, Australia, South Africa, Japan, the UAE, Cyprus, and Israel, ensuring compliance with operational standards. Although the regulatory details for the new futures platform were not specified, AvaTrade can operate under any of its existing licenses depending on the jurisdiction.

In addition to product expansion, AvaTrade is exploring regulatory licensing in Spain to enhance its services within the European Union.