Released on April 23, 2018The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) has issued a Temporary Cease Trade Order against Ava Trade Limited, that appears to be operating an unregistered online platform that allows users to trade in FOREX and Contracts for Difference (CFD).
Ava Trade also operates under the names of AvaTrade Limited, AVA Trade Limited, AVA Trade EU Limited, Ava Capital Markets Australia Pty Limited, Ava Trade Japan K.K., and Ava Capital Markets Pty.
Ava Trade is not registered to trade in securities or derivatives in Saskatchewan. The company is also the subject of several investor cautions and warnings issued by Ontario, Quebec and British Columbia.
Anyone contacted by Ava Trade should contact the FCAA Securities Division at 306-787-5936.
For more information, contact:
Financial and Consumer Affairs Authority
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