just now
Online trading broker AvaTrade has announced the launch of AvaFutures, a new futures trading platform targeted at retail traders. The platform went live today (June 24, 2024), and aims to simplify the process of futures trading for individual investors.
AvaFutures offers a streamlined account opening and funding process, allowing customers to begin trading quickly. The platform supports trading in various futures contracts, including Micro, E-mini, and Standard contracts across different asset classes such as indices, commodities, metals, foreign exchange, cryptocurrencies, and treasuries.
The new platform utilizes the MT5 trading software, providing users with advanced charting tools, automated trading capabilities, and free access to Level 2 market data. AvaTrade states that AvaFutures also includes educational resources designed for retail traders.
AvaTrade has partnered with CME Group to offer futures contracts on major indices and commodities. The company also collaborates with EUREX for European futures contracts and plans to expand its offerings in the future.
Dáire Ferguson, CEO of AvaTrade, commented on the launch: "For nearly two decades, AvaTrade has been at the forefront of providing traders with exceptional opportunities. The introduction of AvaFutures marks a new chapter in our dedication to our clients, broadening our range of products and providing them for the first time with direct access to some of the world's largest exchanges. Our relentless focus on the client is the driving force behind our efforts to ensure a secure and dynamic trading environment."
AvaTrade, which is regulated in nine jurisdictions across six continents, offers various trading platforms and tools. The company is also known for its sponsorship of the Aston Martin Aramco Formula One® Team and the UAE Football Association.
