Billionaire businessman Teddy Sagi's Playtech is considering acquiring the business of AvaTrade, a global Forex broker. According to a source close to the matter, negotiations have started and are currently at a preliminary stage.

AVA Trade is a veteran and established player in the trading industry. Incepted in 2006, it boasts over twenty thousand registered customers, who are said to execute more than two million trades a month. According to AvaTrade, the company's monthly trading volume exceeds $60 billion.

In such a deal, AVA is expected to be merged into the high-profile brand holding an attractive domain and a Premier League partnership deal.

This profile, with offices and licenses in key jurisdictions like Japan and Australia, could be a perfect fit for Teddy Sagi's portfolio. Last month, Sagi officially entered the B2C forex market by absorbing TradeFX into his LSE-listed Playtech for €458 (for a controlling 91.1% stake).

Since launching as a forex and CFD broker in 2009, TradeFX has grown into a group of various trading brands headed by Markets.com and TopOption, as well as operating forex and binary trading technology and a proprietary CRM system. After launching binary options platform in 2013, their most recent release was of a proprietary webtrader at the end of 2014.

Markets.com is understood to be looking into several M&A opportunities in the retail forex space. As part of such a deal, AVA is expected to be merged into the high-profile brand which possesses both a catchy and costly domain and a shiny Premier League sponsorship deal with's Arsenal F.C. Markets.com describes itself as "one of the world's fastest growing Forex & CFD providers", an ambitious and not inaccurate rendering that the strong client base and wide global spread of Dublin headquartered AvaTrade will substantially help living up to.

Billionaire businessman Teddy Sagi's Playtech is considering acquiring the business of AvaTrade, a global Forex broker. According to a source close to the matter, negotiations have started and are currently at a preliminary stage.

AVA Trade is a veteran and established player in the trading industry. Incepted in 2006, it boasts over twenty thousand registered customers, who are said to execute more than two million trades a month. According to AvaTrade, the company's monthly trading volume exceeds $60 billion.

In such a deal, AVA is expected to be merged into the high-profile brand holding an attractive domain and a Premier League partnership deal.

This profile, with offices and licenses in key jurisdictions like Japan and Australia, could be a perfect fit for Teddy Sagi's portfolio. Last month, Sagi officially entered the B2C forex market by absorbing TradeFX into his LSE-listed Playtech for €458 (for a controlling 91.1% stake).

Since launching as a forex and CFD broker in 2009, TradeFX has grown into a group of various trading brands headed by Markets.com and TopOption, as well as operating forex and binary trading technology and a proprietary CRM system. After launching binary options platform in 2013, their most recent release was of a proprietary webtrader at the end of 2014.

Markets.com is understood to be looking into several M&A opportunities in the retail forex space. As part of such a deal, AVA is expected to be merged into the high-profile brand which possesses both a catchy and costly domain and a shiny Premier League sponsorship deal with's Arsenal F.C. Markets.com describes itself as "one of the world's fastest growing Forex & CFD providers", an ambitious and not inaccurate rendering that the strong client base and wide global spread of Dublin headquartered AvaTrade will substantially help living up to.