Language

Google Translate Disclaimer

A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language. The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs).

Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

Do Not Give Ava Trade Your Money

Released on April 23, 2018

The 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).

“An investor should always check to see if a company is registered to trade in the jurisdiction that the investor resides, before handing over their money,” FCAA Deputy Director Ed Rodonets said.  “A company’s registration status can be checked by using the Canadian Securities Administrators’ National Registration Search database at www.aretheyregistered.ca.  Just because a company claims to be registered in a foreign country, does not mean they are registered everywhere.”

Ava Trade purports to be a regulated FOREX and CFD broker with offices in Ireland, Italy, France, Japan, Spain, Australia, Mongolia, China, Nigeria, Chile, and South Africa.  Its online platform is located at https://www.avatrade.com. 

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.

-30-

For more information, contact:

Shannon McMillan
Financial and Consumer Affairs Authority
Regina
Phone: 306-798-4160
Email: shannon.mcmillan@gov.sk.ca

We need your feedback to improve saskatchewan.ca. Help us improve