Clal Finance, Emanuel Kronitz, and Negev Nosatzki are three young entrepreneurs who have noticed that people lack financial literacy. They wanted to help the people know the importance of saving money, so they decided to put the matters into their own hands and created a company that would help the people in managing their finances. In 2006, the three entrepreneurs established AvaGruppen, and they decided to build their headquarters in Dublin, Ireland. AvaGruppen provides financial management services to the public, and they even created a website that would give the public a 24/7 access to trading. AvaGruppen became a hit, and through word of mouth, the company was known all over the world, and their services spread like wildfire.
In 2013, Clal Finance, Emanuel Kronitz, and Negev Nosatzki decided to rename their company into AvaTrade. They launched an application that can be downloaded on any device, and it has the same features as their website wherein people can trade anytime and anywhere they wanted. AvaTrade is now one of the most widely used trading application on the planet, with more than 200,000 individuals using it every day. It is also used in more than 160 countries, and there managed to provide a variety of services including foreign exchange, stock market trading, cryptocurrency trading, hedge funds, bonds, and other types of investments.
Clal Finance, Emanuel Kronitz, and Negev Nosatzki thanked the public for their continued support to AvaTrade. The platform has been looked upon by experts and analysts because some people are skeptical about it. However, financial experts assure the skeptics that AvaTrade is real and it works. They even showed that different banks are regulating it and that most of its users came from Spain, Cyprus, and Ireland. They also highlighted the advantage of using AvaTrade and compared it with other similar platforms, and one of the most promising features of the application is its commission-free transactions.
AvaTrade now has a lot of competition from other companies, but the reason why they stay on the game is that they know how to innovate. AvaTrade will be launching new updates on their application in the future, hoping that it will result in more downloads and new users.
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