AvaTrade has recently announced an exclusive benefit, Interest Payments, for its selected VIP traders. This latest feature allows eligible VIP customers to receive interest payments, elevating their overall trading experience to new heights.
AvaTrade takes a proactive approach by automatically crediting the accounts of its chosen VIP clients with an annual interest rate of up to 2.7%. This addition provides an extra layer of advantage for these clients, contributing to their trading profitability.
Daire Ferguson, the CEO of AvaTrade, expressed enthusiasm about this innovative benefit, stating, “AvaTrade has always been committed to creating opportunities for traders over the past 17 years. With this credit on a free margin, we aim to give back to our loyal clients. It’s our way of ensuring they can capitalize on market opportunities while seeing their investments grow.”
AvaTrade Introduces Interest Payments for VIP Traders- New Update?
While the interest payment feature is currently exclusive to a select group of VIP customers, AvaTrade has outlined its plans to extend this offering to a broader user base in the future, signaling a commitment to inclusivity.
Since its establishment in 2006, AvaTrade has evolved from a focus on Contracts for Difference (CFDs) across various asset classes. Recent reports from Finance Magnates indicate that the company has diversified its offerings to include options trading, further expanding its portfolio.
AvaTrade, operating under the regulatory oversight of the Central Bank of Ireland and holding licenses globally, has a wide reach, covering regions such as Israel, the Middle East, South Africa, Japan, and Latin America. The company distinguishes itself through the utilization of cutting-edge trading platforms, including MetaTrader 4, MetaTrader 5, AvaTradeGO, and AvaOptions, demonstrating a commitment to technological innovation.
Key risk management tools like Guardian Angel, AvaProtect, and Duplitrade contribute to the security and well-being of traders. Committed to financial integrity, AvaTrade adheres to European standards by segregating client funds, ensuring a high level of financial security.
Looking ahead, AvaTrade has ambitious plans, including the establishment of an office in Madrid, Spain, the implementation of online training programs, and the addition of vanilla options to diversify its trading product offerings. The company is also exploring the inclusion of futures contracts, with a focus on index futures, to provide traders with an even broader range of options and opportunities.
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