AvaTrade has launched futures trading via a new brand called AvaFutures.
The new offering allows clients to trade mini and standard futures contracts on a range of asset classes, including metals, cryptocurrencies, and US treasuries.
The new product appears to be on offer to clients via the brokerage group’s EU entity, which is regulated by the Central Bank of Ireland. However, given the company likely has permissions to offer futures already, they can likely roll it out across their other existing entities.
Other brokers move into the futures market
AvaTrade is not the first company to start offering futures trading. Plus500 acquired Cunningham Commodities in 2021 and has since launched a futures offering for US clients.
Last month, Tickmill founder Ingmar Mattus announced the launch of MetroTrade, another broker targeting the US futures market.
Other large players outside of the CFD industry have also branched out into futures, most notably US brokers Webull and Robinhood, both of whom were pioneers in marketing ‘commission-free’ equities trading.
Brokers offering futures trading typically make money via per contract commissions and, if they have the right permissions, selling order flow.
