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Brokers News

AvaTrade cuts spreads on forex, commodities

Aug 01 2017
By
Jonathan Smith

 AvaTrade, the Ireland-based forex and CFD broker, announced it is reducing the fixed, floating and options spreads by an average of 35% across the majors and as much as 50% on some forex pairs.

 

"We are always looking to improve our offering to our clients, and constantly thrive to stay one step ahead of the industry," says Daire Ferguson, CEO of AvaTrade. "Customers who want great conditions without compromising on regulation and security, can find the perfect combination of all with AvaTrade. We are working relentlessly to provide new and exciting features, tools and offers to our clients," concluded Ferguson.

 

Irish forex broker with more than 10 years of experience AvaTrade, formerly known as AvaFX,  has an extensive product portfolio, including on forex, indices, stocks, commodities, cryptocurrencies, as well as binary options.

 

AvaTrade offers two types of trading accounts – with fixed and floating spread – on MetaTrader 4 and with fixed spreads on AvaTradeGO, and a leverage of 1:400.

 

The mother company Ava Trade EU Ltd. is licensed by the Central Bank of Ireland and regulated by MiFID in the European Union, and it also has subsidiaries licensed to operate in Australia and Japan.

 

Recently AvaTrade expanded its cryptocurrency offering with Ethereum Classic vs the American dollar (ETCUSD) and Bitcoin vs Euro (BTCEUR) with leverage up to1:20.

 

 

TAGS: avatrade 

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