AvaTrade forex broker adjusts to ESMA standards

AvaTrade forex broker adjusts to ESMA standards

1. New leverage limits

1. New leverage limits

– 30: 1 for major currency pairs on the forex market.

– 20: 1 for non-major currency pairs, gold and major indices

– 10: 1 for products other than gold and non-major share indices

– 5: 1 for individual shares and other reference values

– 2: 1 for cryptosystems

2. No more bonuses and promotions

2. No more bonuses and promotions

– Bonuses and promotions will no longer be allowed for European Retail customers.

– Bonus campaigns will be discontinued by July 31, 2018 at the latest.

3. AvaTrade will offer professional trader status.

3. AvaTrade will offer professional trader status.

Clients meeting the status of professional trader will be able to trade with higher leverage and receive bonuses, if they meet 2 of the 3 specific criteria described below:

1. Sufficient business activity in the last 12 months

The trader must have conducted a sufficient volume of transactions of significant size in the relevant market (such as Leveraged CFDs, Forex) at an average frequency of 10 transactions per quarter over the previous four quarters (with AvaTrade and / or other brokers).

2. Relevant experience in the financial services sector

Trader works or has worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services being considered.

3. Portfolio of financial instruments of more than 500,000 euros

Financial instruments include equities, derivatives (only cash deposits to funds/profits realized by investing in derivatives), debt instruments and cash deposits. It does not include real estate portfolios, direct ownership of commodities or notional values of leveraged instruments.

Clients will be able to register for professional status, but will be required to provide relevant information and be verified by AvaTrade. See « Official Site

Maximum leverage of 30:1 for forex

Maximum leverage of 30:1 for forex

For beginner traders or those who do not meet the criteria of a professional trader, the maximum leverage for major currency pairs on the forex will increase to 30:1. High leverage being one of the main attractions that forex offers to independent traders without .

Some believe that this decision will push less fortunate investors, who do not qualify as professional traders, to open accounts with brokers in tax havens to trade with higher leverage.

20:1 leverage for minor currencies

20:1 leverage for minor currencies

The maximum leverage for « non-major » currencies will be increased to 20:1. Greatly reducing the exposure and potential risk on currencies with higher forex volatility.

2:1 lever for cryptomoney

The broker AvaTrade offers the ability to trade in the form of CFDs on most of its trading platforms. For more information, please visit the Official Site.

European Premier League football team Manchester City has announced a new multi-year regional partnership with online broker AvaTrade to become the club’s official regional trading partner in China, Asia and Latin America.

Regulated on five continents, AvaTrade provides people around the world with a state-of-the-art trading experience and international reach that matches Manchester City’s global fan base.

Since its inception in 2006, AvaTrade has built a reputation as a leader in the online trading revolution. By providing a reliable and user-oriented trading environment, built on the most advanced platforms and operated by financial experts, its core mission is to enable people around the world to trade with confidence. See  » Official Website

« Our partnership with Manchester City sets a new bar in the global financial industry and continues our ongoing commitment to invest in excellence. It is a privilege to partner with such a highly regarded and exciting club as Manchester City and we are extremely excited about what the future can bring in this fantastic collaboration between two successful brands at the top of their game. ”

Learn more about AvaTrade  » Visit Official Site

AVA Trade EU Ltd is regulated by the Central Bank of Ireland (No.C53877)AVA Trade Ltd is regulated by the B.V.I Financial Services CommissionAva Capital Markets Australia Pty Ltd is regulated by the ASIC (No.406684)Ava Capital Markets Pty is regulated by the Financial Services Council of South Africa (FSP No.445984)Ava Trade Japan K.K. is regulated in Japan by the FSA (No.162) and the FFAJ (No.1574)

Avatrade does not accept clients from the United States of America.

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AvaTrade forex broker adjusts to ESMA standards
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