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AvaTrade acquires YouTradeFX's Australian customer base

Jul 30 2014
By
Forexbrokerz.com

AvaTrade's new customers will enjoy a wider choice of trading instruments, including more CFDs, FX options and binary options. They will be able to trade the markets using Ava Trader and AvaOpitons platforms in addition to the well known MT4, Mirror Trader and Sirix Webtrader, offered by both AvaTrade and YouTradeFX.

 

DUBLIN--(BUSINESS WIRE)--Leading online FX & CFD broker AvaTrade has confirmed that it has acquired the Australian customer book of Sydney-based broker YouTradeFX.


“We are delighted to announce this agreement which is another step in achieving AvaTrade’s goal of expanding its presence in the Asia-Pacific market.”

This marks another milestone in AvaTrade’s continued expansion in APAC markets.

Ava Capital Markets Australia Pty Ltd, AvaTrade’s Australian subsidiary, pursued the deal with youtradeFX over several months after concluding that the firm’s client database would synergise well with its own clientele in Australia.

AvaTrade has already completed the process of migrating customers to its platform, where they will find a number of distinct advantages.

These include a wider choice of desktop and mobile trading platforms, more CFD instruments, as well as FX options and binary options offerings.

Former youtradeFX clients will also get access to AvaTrade’s range of educational tools, including exclusive videos from HushTrade and daily analysis from FX Insights.

AvaTrade Chief Commercial Officer Keith Goldson said: “We are delighted to announce this agreement which is another step in achieving AvaTrade’s goal of expanding its presence in the Asia-Pacific market.”

“YoutradeFX has a dedicated client base of serious traders who will benefit enormously from the move to AvaTrade. They will find more opportunities in the markets, top notch educational materials, and the best customer support in the business.”


About AvaTrade

  - Founded in 2006
  - Fully regulated in the EU, Japan and Australia
  - Offers trading on 200+ financial instruments
  - Segregated client accounts for your security
  - Personal Account Manager and 24-hour live customer support
  - AvaTrader Mobile – Sign-up and demo trade directly from our new and improved smartphone app – then deposit funds via the website and trade for real.
TAGS: avatrade  avatrade australia  youtradefx  acquisition  australia 

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