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

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.

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.”