Is Avenue us reliable? Safe? How to open? Get all your doubts answered here.

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Avenue is one of the brokers that presents the greatest ease for Brazilian investors to buy assets in the USA.

In terms of security, Avenue is as safe as its competitors.

In this article we will cover everything you need to know about: how to open an account, security issues and reliability of this broker.

avenue

How to use Avenue Broker?

To open an account on Avenue you need a valid e-mail address, international credit card (check if the country is accepted), Brazilian CPF.

The brokerage company does not charge any fees for opening an account

If you have regular documents to prove your identity: RG, CPF, CNPJ in force; passport valid for more than 12 months; full electoral title; criminal certificates; full school and high school certificates.

Check with the brokerage company to have all the procedures with this documentation started.

Avenue accepts accounts from individuals and companies, siblings who have the same ownership of the account; legally emancipated minor children (18 years old by October 31st of the previous year) provided they have been authorized by their parents to invest their own money.

In this case it is necessary to have an attorney specialized in pension and financial law.

So that all measures are approved successfully and without problems.

If you have any doubts about how to open an account, on the broker’s website there is a tutorial explaining the step by step process.

What are the Avenue fees?

Avenue charges only an annual administration fee, which is adjusted every year.

Starting at US$34.99 per account, the brokerage offers a full service without any additional cost.

For more experienced investors and non-US resident individuals, specific financial advice is available within Avenue’s base package.

Is Avenue us reliable? Safe? How to open? Get all your doubts answered here. 1

What is the Avenue spread?

The Avenue spread is 0.25 percentage point.

For fixed rate investments the spread does not vary depending on the foreign currency value.

It is therefore important to research the exchange rate of the foreign currency for this operation.

Nevertheless the broker has become known for its competitive rates for foreign exchange and futures market operations.

Investors can make trades through the online services even at no additional cost (only a nominal fee).

But customers who choose to use other modalities have access to fees ranging from 0.25% to 0.75%.

How much does the Avenue premium plan cost?

There is no set price for the premium Avenue plan.

The brokerage charges a monthly subscription fee, which is effectively an annual fee, depending on the package chosen by clients.

For those who wish to set up this service from trading through online studies the nominal fee ranges from $25-$250 per month with semi-annual payments.

To offset the operating costs some investors may choose to take advantage of the coverage against loss of profits, which is charged at an annual flat rate.

What is the minimum amount to invest in Avenue?

There is no minimum limit for investing in Avenue.

Any amount that the customer can use in trading is accepted, depending on the package chosen by the user.

Is it safe to invest in Avenue?

Avenue is an investment brokerage house that operates under the regulation of the Brazilian Financial Codes and the Securities Commission (CVM).

That is, the customer has the rights guaranteed by specific laws.

In addition, all pairs traded on Avenue are allocated in segregated accounts to avoid any kind of conflict between the applications of the same user.

The brokerage firm offers two types of trading: PVPX – Programmer’s Own Broker, which only allows you to trade on the financial markets as a self-employed agent, or PFVN – Programmer’s Own Retail Fiduciary Plan, which is an application for low-profile investors.

All brokerage firms in the United States must be registered with the SEC (Securities And Exchange Commission).

It is a body that has the purpose of disciplining and overseeing the securities market.

Avenue is also registered with FINRA (Financial Industry Regulatory Authority).

It is an entity with the purpose to protect investors against possible frauds and scams in the financial market.

And finally Avenue is also part of the SIPC (Securities Investor Protection Corporation), the purpose of which is to protect investors in case of a possible bankruptcy or financial problems with the brokerage.

Avenue Advantages

Properly thought out, this brokerage was created for the Latin American public.

Its website is very intuitive, has a platform in Portuguese, and its customer service such as chat and emails are also in this language.

The broker provides updated market data and has an application for Android and IOS systems.

It provides complete reports to help you with your annual income tax return.

Among many others which you can check on the site.

So if you are looking to start investing in the USA, Avenue is a good option to choose.

Always remember to research well before starting any investment and make comparisons between other options on the market.

Next step: opening the company

After opening an account on the avenue many Brazilians end up choosing to open a company on American soil.

If this is your case, see in the video below the main questions answered on the subject.

Did you like this article? Are you thinking about starting to invest in the USA? Leave a comment and share with us and our readers your opinion and ideas.

Is Avenue us reliable? Safe? How to open? Get all your doubts answered here. 1

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