AvaTrade announced its expansion plans to Spain by establishing an office in Madrid and implementing vanilla options and barriers following the new CNMV regulations.
Online broker AvaTrade has been growing for over 17 years, serving 400 trading accounts with over 1000 instruments. This multi-asset broker provides a superior Trading experience and Customer First Approach, including dedicated MetaTrader 4 and MetaTrader 5 offerings for CFDs, the company's proprietary platform AvaTradeGO for both CFDs and options, and dedicated AvaOptions for comprehensive options.
AvaTrader offers nine regulatory licenses on six continents, including Israel, the Middle East, South Africa, and Japan, as well as an international license from the British Virgin Islands-based Latin America. The fintech company highlighted its continued efforts in establishing subsidiaries in Australia and Poland and continues to work towards consolidating its license in Spain with the new CNMV regulations.
According to its website, the Ireland Central Bank-operated broker complies with European standards and implements 'Segregated Accounts' for clients' financial security. AvaTrade plans to establish a new office in Madrid, Spain, and introduce a vanilla and barrier option following the new CNMV regulations as part of a consistent business expansion. It also aims to add futures contracts to its portfolio to offer more choices to its traders.
In addition, AvaTrade focuses on innovation, offering risk management tools such as Guardian Angel and AvaProtect, providing strict security to traders. Traders can also utilize Duplitrader for social trading transactions and follow the strategies of experienced traders.
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