Ava FX announced the acquisition of eForex’s non US based customers. The Ava Group will now take control of all clients that previously traded with eForex. The client transfer was completed on Friday March 18th 2011. The acquisition cost was not disclosed.
All ex eForex customers transferring to Ava FX will receive a wider range of services and unparalleled customer service with an Award-winning broker. Ava FX has won several awards in the last few years including the Daily Forex Customer Service Award. Today, Ava FX services over 50,000 active customers.
Discussing the acquisition, Ava CEO Emanuel Kronitz said,
“As new Ava customers, all former eForex traders will now enjoy the complete range of product offerings Ava offers it’s customers, sophisticated trading options as well as a support team that has gained international recognition as the best in the industry.”Kronitz continues,
“We have grown in the last few years to have over 50,000 active customers globally and this acquisition is part of our strategy of continued growth. We plan to utilize our resources to continue to grow both organically and through selective acquisitions.”