AvaTrade has received authorization from the Financial Superintendence of Colombia (SFC) to operate within the country, a significant milestone for the broker which not only offers FX/CFD products but also listed derivatives such as Futures and Options.
The multi-regulated brokerage firm has thus secured one more regulatory license, this time in Colombia, one of the largest markets for brokers operating in the LATAM region.
AvaTrade, a multi-asset platform offering CFDs, Options, and Futures
Founded in 2006, AvaTrader has grown into a brokerage industry leader with 20 offices across the globe supporting over 400,000 registered traders who execute more than two million trades per month.
Colombian traders will be able to leverage AvaTrade’s customer service, educational resources, security standards, and execution quality. Client funds are safeguarded in segregated accounts. As to trading conditions, AvaTrade focuses on low spreads and zero hidden commissions, dedicated account managers, multilingual support, access to over 1,000 instruments, and risk management tools such as AvaProtect.
AvaTrade offers a range of platforms including MT4/5, the AvaTrade Mobile App & WebTrader, AvaFutures, AvaOptions, AvaSocial, and DupliTrade. The broker also provides its clients with comprehensive educational resources through its AvaAcademy platform.
Daire Ferguson, CEO of AvaTrade Group, commented, “Our entry into Colombia marks a crucial step in our global expansion strategy and strengthens our regulatory presence in the LATAM market. Colombian traders can now access a world-class multi-asset platform offering CFDs, Options, and Futures, enabling them to trade directly on major international exchanges like CME and Eurex.”
Jeffrey Navarro, LATAM Regional Director at AvaTrade, added, “The SFC’s proactive approach to financial regulation sets a benchmark for Latin America. With this authorization, Colombian traders can enjoy safer, more transparent options when participating in global markets. At AvaTrade, we prioritize our clients by offering premium service and security, ensuring they trade with confidence in a fully regulated environment. Additionally, we emphasize financial education by providing a wide range of resources – webinars, tutorials, and articles – dedicated to helping traders at all levels enhance their skills and knowledge.”
AvaTrade launched AvaFutures in June
AvaTrade’s futures trading platform was officially launched in June. Powered by a leading KYC specialist for quick client onboarding, AvaFutures allows customers to sign up, fund their accounts using credit cards or other electronic methods, and start trading within minutes.
Besides simplifying the account opening and funding process, AvaFutures charges no hidden fees, according to the brokerage firm, and customers can manage accounts online or access 24/5 support in over 10 languages, all free of charge.
AvaFutures features:
- Micro, E-mini, and Standard futures contracts on indices, commodities, metals, FX, cryptocurrencies, treasuries).
- Partnering with CME Group, AvaFutures offers futures contracts on the S&P, Nasdaq, Crude Oil, among others.
- AvaFutures collaborates with other leading exchanges like EUREX for European future contracts, with plans to add more instruments in the near future.
- MT5 trading platform, providing traders with advanced charting capabilities, automated trading, in-depth analysis, and Level 2 data-free access.
- A suite of comprehensive learning resources all developed for the retail traders to enhance their trading skills and knowledge.
AvaTrade’s expansion into futures trading with the launch of AvaFutures is yet another example of how the trading industry is diversifying in terms of asset classes at a time of greater segmentation of the trader demographic. FX/CFD brokers are increasingly feeling the heat of postponing their expansion into DMA, which is regarded as more transparent.
