AvaTrade has been making a large stride in the financial market since its establishment in 2006. Initially focused on Contracts for Difference (CFDs) in various asset classes, such as stocks, commodities, indices, and cryptocurrencies, the company has expanded its product offerings to include options trading.
AvaTrade's Global Reach: Licenses and Expansion Efforts
One of AvaTrade's features is its range of trading platforms, catering to different trading needs. Traders can choose from platforms like MetaTrader 4 and MetaTrader 5 for CFD trading. For CFDs and options, AvaTradeGO is available, which is the firm's proprietary platform. For options trading, they offer AvaOptions.
AvaTrade operates under the Central Bank of Ireland. The company has obtained licenses in various regions globally, including Israel, the Middle East, South Africa, Japan, and an international license for Latin America, based in the British Virgin Islands. AvaTrade has established subsidiaries in Australia and Poland, with ongoing efforts to consolidate its license in Spain, in line with new CNMV regulations.
AvaTrade emphasizes on technological innovation, offering tools like Guardian Angel and AvaProtect to assist traders in making informed decisions and managing risk. Guardian Angel and AvaProtect function as risk mitigation tools, providing traders with added security.
Another tool offered by AvaTrade is Duplitrade, which enables social trading, allowing traders to follow the strategies of experienced traders. AvaTrade boasts its own options platform called AvaOptions. It provides traders with a comprehensive options trading experience.
Adapting to Regulatory Changes: Implementing Vanilla Options
Committed to adhering to European standards, AvaTrade ensures that client funds are segregated from the broker's operational funds, maintaining financial security for its clients.
AvaTrade's upcoming plans include opening an office in Madrid, Spain. It will conduct online training and educational seminars. It is also gearing up to implement vanilla options following the new CNMV regulation, as well as introducing barrier options.
These exotic options offer a predetermined maximum loss level. This move aims to diversify the range of trading products available to their clientele. AvaTrade is working on incorporating futures contracts into its portfolio, with a focus on index futures, to provide more options for its traders.
