AvaTrade Secures Colombia SFC Authorization

AvaTrade Secures Colombia SFC Authorization

  • Economy
  • August 28, 2024
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AvaTrade, a broker for FX and CFDs based in Ireland, has announced that it is now authorized by the Financial Superintendence of Colombia (SFC) to operate in the country. The company said this important milestone shows its dedication to following top regulatory rules and providing a safe and clear trading experience for clients in Colombia.

AvaTrade, known worldwide for its wide range of financial services and products, now gives Colombian traders a top-quality trading experience. This includes strong security, great customer service, the latest technology, and lots of learning resources.

AvaTrade Aims To Provide A High-Quality Trading Experience For Its Clients

Client funds are kept safe in separate accounts, and AvaTrade continues to invest in its advanced trading platforms to ensure smooth, secure, and fast trading on both desktop and mobile devices.

Daire Ferguson, the Chief Executive Officer of AvaTrade Group, stated that entering Colombia is an important part of the company’s global growth plan and boosts its regulatory presence in the Latin American market. He added that Colombian traders can now use a top-level platform to trade Options, CFDs, and Futures directly on major international exchanges like Eurex and CME.

Jeffrey Navarro, the LATAM Regional Director at AvaTrade, stated that the SFC’s active approach to financial rules is a standard for Latin America. He added that with this authorization, Colombian traders have safer and clearer choices when trading in global markets.

Navarro said AvaTrade focuses on its clients by offering top security and service, helping them trade confidently in a fully regulated setting. Additionally, he highlighted that AvaTrade values financial education by providing many resources, like webinars, tutorials, and articles, to help traders at all levels improve their skills and knowledge.

AvaTrade Seeks To Expand Globally While Maintaining A Strong Regulatory Presence

AvaTrade is an online trading broker that offers several platforms like MT4/5, DupliTrade, AvaSocial, AvaOptions, AvaFutures, WebTrader, the AvaTrade Mobile App, and more. Traders benefit from low fees, personal account managers, support in multiple languages, access to over 1,000 trading tools, and top-level risk management features like AvaProtect.

AvaTrade also provides its clients with a wide range of learning resources through its AvaAcademy platform. Regulated in ten regions worldwide, AvaTrade ensures safe transactions and keeps client funds in separate accounts. The firm is also proud to sponsor the UAE Football Association and the Aston Martin Aramco Formula One Team.

Founded in 2006, AvaTrade has grown its business across many continents. The company says it supports over 400,000 registered traders and handles more than two million trades each month. AvaTrade has 20 offices around the world and focuses on providing a regulated trading environment.

About Ali Raza PRO INVESTOR

Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master’s degree in Finance and enjoys writing about cryptocurrencies and fintech.

Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.

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