Exclusive: AvaTrade Partners with Canadian Broker Friedberg Direct

AvaTrade, a retail foreign exchange (FX) and CFD broker, announced on Tuesday that it has teamed up with Friedberg Direct to give Canadian residents access to AvaTrade’s trading platforms.

Friedberg Direct is part of one of Canada’s oldest dealers, Friedberg Mercantile Group Ltd. Under the agreement, Friedberg has licensed AvaTrade Technology. This means the company will provide access to AvaTrade’s multiple trading platforms, mobile app, and customer support.

Through Friedberg Direct, residents of Canada will be able to trade a broad range of CFDs. These include metals and other commodities, stock, indices, currency pairs, stocks. ETF-based CFDs, US, Japanese, and European government bonds/treasures and vanilla options on Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term pairs will also be available.

Commenting on the agreement, Friedberg Direct’s Head of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, Michael David, said: “we are very excited to be able to add access to AvaTrade’s innovative technology to our online offering for Canadian clients. Clients will benefit from our many years of experience in this market space as well as our dedication to maintaining the highest standards of regulatory compliance."

“We believe that the addition of our collaboration with AvaTrade will allow Canadian clients to expand their trading horizons and explore new trading instruments and value-added features within a regulated environment. We very much look forward to continue providing Canadians with exceptional choice in platforms and technology providers, as well as the exemplary trading experience that they have been accustomed to from Friedberg Direct “.

AvaTrade expands presence in Canada

Founded in 2006, AvaTrade has grown to have an international presence. The firm has 16 offices across the world, with its headquarters in Dublin, Ireland. At present, the broker operates under six regulators across the European Union, Japan, Australia, South Africa, BVI, and the Middle East.

Speaking on the collaboration, AvaTrade’s CEO, Daire Ferguson added: “this is yet another proud exciting collaboration by AvaTrade. We are constantly seeking strong partners who want to utilize our AvaTrade technology to bring the financial markets to anyone who would like to participate."

"We believe that Canadian traders are enthusiastic about trading with a fresh, innovative online service. With this collaboration, Friedberg Direct will be able to offer traders not only some of the best in trading conditions, but also a place at the forefront of a rapidly developing market.”