Financial and Business News

AvaTrade Expands to Latin America with Colombian Regulatory Approval

Tuesday, 27/08/2024 | 13:38 GMT by Tareq Sikder
  • Founded in 2006, the firm now operates 20 offices worldwide, supporting over 400,000 traders.
  • The Financial Superintendence of Colombia has authorized the firm for its expansion.
Colombia Flag

AvaTrade, a broker operating in multiple regulated jurisdictions, has received authorization from the Financial Superintendence of Colombia (SFC). This approval allows the company to legally operate within the Colombian market. AvaTrade now joins a growing list of international brokers expanding their presence in Latin America.

Expanding Global Operations

Daire Ferguson, CEO of AvaTrade Group,
Daire Ferguson, CEO of AvaTrade Group, Source: LinkedIn

The company offers a variety of financial products and services, which it aims to make accessible to Colombian traders. According to AvaTrade, it emphasizes technology and security in its operations, ensuring that client funds are held in segregated accounts.

The company also continues to invest in its trading platforms, providing access through both mobile and desktop devices.

“Our entry into Colombia marks a crucial step in our global expansion strategy and strengthens our regulatory presence in the LATAM market,” Daire Ferguson, CEO of AvaTrade Group, commented.

“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,” added Ferguson.

Jeffrey Navarro, LATAM Regional Director at AvaTrade
Jeffrey Navarro, LATAM Regional Director at AvaTrade

Meanwhile, AvaTrade has introduced a new futures trading platform called AvaFuture, as reported by Finance Magnates. The platform offers micro, mini, and standard futures contracts.

According to the website, AvaFuture provides futures contracts across various asset classes, including indices, commodities, currencies, treasuries, cryptocurrencies, and metals. The platform prices the contracts at $1.75 per standard per trade.

Global Expansion of AvaTrade

Founded in 2006, AvaTrade has expanded its operations across several continents. The company reports that it supports over 400,000 registered traders and facilitates over two million trades per month. AvaTrade operates 20 offices worldwide, focusing on maintaining a regulated trading environment.

Jeffrey Navarro, LATAM Regional Director at AvaTrade, added, “The SFC’s proactive approach to financial regulation sets a benchmark for Latin America. With this authorisation, Colombian traders can enjoy safer, more transparent options when participating in global markets.”

AvaTrade, a broker operating in multiple regulated jurisdictions, has received authorization from the Financial Superintendence of Colombia (SFC). This approval allows the company to legally operate within the Colombian market. AvaTrade now joins a growing list of international brokers expanding their presence in Latin America.

Expanding Global Operations

Daire Ferguson, CEO of AvaTrade Group,
Daire Ferguson, CEO of AvaTrade Group, Source: LinkedIn

The company offers a variety of financial products and services, which it aims to make accessible to Colombian traders. According to AvaTrade, it emphasizes technology and security in its operations, ensuring that client funds are held in segregated accounts.

The company also continues to invest in its trading platforms, providing access through both mobile and desktop devices.

“Our entry into Colombia marks a crucial step in our global expansion strategy and strengthens our regulatory presence in the LATAM market,” Daire Ferguson, CEO of AvaTrade Group, commented.

“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,” added Ferguson.

Jeffrey Navarro, LATAM Regional Director at AvaTrade
Jeffrey Navarro, LATAM Regional Director at AvaTrade

Meanwhile, AvaTrade has introduced a new futures trading platform called AvaFuture, as reported by Finance Magnates. The platform offers micro, mini, and standard futures contracts.

According to the website, AvaFuture provides futures contracts across various asset classes, including indices, commodities, currencies, treasuries, cryptocurrencies, and metals. The platform prices the contracts at $1.75 per standard per trade.

Global Expansion of AvaTrade

Founded in 2006, AvaTrade has expanded its operations across several continents. The company reports that it supports over 400,000 registered traders and facilitates over two million trades per month. AvaTrade operates 20 offices worldwide, focusing on maintaining a regulated trading environment.

Jeffrey Navarro, LATAM Regional Director at AvaTrade, added, “The SFC’s proactive approach to financial regulation sets a benchmark for Latin America. With this authorisation, Colombian traders can enjoy safer, more transparent options when participating in global markets.”

Topics
retail FX
retail forex
retail brokers
retail
AvaTrade
About the Author: Tareq Sikder
Tareq Sikder
  • 2058 Articles
  • 37 Followers
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

More from the Author

Retail FX

Blueberry Broker Review 2026: Regulation, Platforms, Fees & Trading Conditions | Finance Magnates

Blueberry Broker Review 2026: Regulation, Platforms, Fees & Trading Conditions | Finance Magnates

In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles. We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading. You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts. We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services. Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance. 📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage. Connect with us: 🔗 LinkedIn: /financemagnates 👍 Facebook: /financemagnates 📸 Instagram: https://www.instagram.com/financemagnates 🐦 X: https://x.com/financemagnates 🎥 TikTok: https://www.tiktok.com/tag/financemagnates ▶️ YouTube: /@financemagnates_official #Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights

In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles. We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading. You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts. We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services. Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance. 📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage. Connect with us: 🔗 LinkedIn: /financemagnates 👍 Facebook: /financemagnates 📸 Instagram: https://www.instagram.com/financemagnates 🐦 X: https://x.com/financemagnates 🎥 TikTok: https://www.tiktok.com/tag/financemagnates ▶️ YouTube: /@financemagnates_official #Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
More Videos

  • Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy

    Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy

    Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how. Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss: - Exness’s marketing approach in South Africa - What makes their trading product stand out - Customer retention vs. acquisition strategies - The role of local influencers - Managing growth across emerging markets 👉 Watch the full interview for fundamental insights into the future of trading in Africa. #Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates

    Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how. Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss: - Exness’s marketing approach in South Africa - What makes their trading product stand out - Customer retention vs. acquisition strategies - The role of local influencers - Managing growth across emerging markets 👉 Watch the full interview for fundamental insights into the future of trading in Africa. #Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates

  • How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?

    How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?

    Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility. ⚖ Balanced reporting 📞 Right of response 📰 Responsible journalism #FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards

    Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility. ⚖ Balanced reporting 📞 Right of response 📰 Responsible journalism #FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards

  • Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25

    Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25

    Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex. We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry. Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market. We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.

    Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex. We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry. Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market. We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.

  • Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets

    Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets

    According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting. 📰 Verified reporting 🔎 Human-led scrutiny ✅ Facts over noise

    According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting. 📰 Verified reporting 🔎 Human-led scrutiny ✅ Facts over noise