TORTOLA, British Virgin Islands--(BUSINESS WIRE)--AvaTrade has announced the entire AVA Trade Group is now fully licensed and regulated. The latest regulatory approval has now been received by the British Virgin Islands Financial Services Commission.
The announcement means AvaTrade, which is already regulated in Europe, Australia and Japan, is one of the few Forex & CFD brokers to operate completely license by leading regulatory bodies around the globe.
The application process for regulation under the BVI FSC is one of the most demanding and lengthy in the industry and AvaTrade joins only a handful of brokers to be awarded a coveted investment business license.
Since its founding in 2006, AvaTrade has developed a reputation for the integrity of its business practices – ensuring strict segregation of client funds, transparency in pricing and execution and industry-leading security.
AvaTrade CEO Emanuel Kronitz said: “We are enormously satisfied that after a very thorough examination of all of our policies and procedures we have been awarded this license by the BVI Financial Services Commission.
“This serves as a vindication of the high standards that we strive to maintain and as a guarantee to our clients that they can continue to expect those standards to be met in the future.
“We believe strongly that all traders deserve the protection and peace of mind afforded by fully regulated and licensed brokers.”
AvaTrade operates as a regulated and licensed broker around the globe:
Europe - Central Bank of Ireland
Australia - Australian Securities & Investments Commission
Japan - Financial Services Agency, the Financial Futures Association of Japan and Commodities Futures Association of Japan
BVI – British Virgin Islands Financial Services Commission
Ava Group (AvaTrade) was launched in 2006 and has grown into one of the most successful Forex & CFD brokers in the world – offering one-click online FX, Commodities, Indices, Stocks and Bonds trading. Headquartered in Ireland, Ava Group has more than 200,000 registered traders and is fully regulated in the European Union, Australia, British Virgin Islands and Japan. In the past year alone Ava Group has won multiple awards, including Most Trusted Forex Broker and Most Innovative Forex Broker - Europe.