Thinking about facilitating operations for those who are starting, as well as for more seasoned investors who decided to consolidated all operations abroad on a single platform, we have provided our customers with an integrated exchange.
We recognize your ownership by CPF and as soon as the transfer is recognized (usually between 15 min and 2 hours), the amount is made available in your Avenue account in reais
Once your account is opened, you will receive the necessary information to make your first deposit at the broker by clicking on DEPOSIT on MY ACCOUNT.
You can quickly access deposit information: ( ) Next to balance by clicking on DEPOSIT you can see the transfer information. Transfers will only be accepted after opening your account.
After the funds are in reais in the account, it is still necessary to carry out the exchange. On the CAMBIO tab you can enter the value you want to convert. Be aware of the exchange effective date (it can be instantaneous or for the next business day). Depending on your FreeLocalDates web choice the exchange is made immediately or only for the next day. If you choose the option T+1 the values are available for operation in the American market on the next business day only.
To be able to identify this deposit we need some additional documents such as proof of account ownership (a document containing your full name and the account number) as well as a transfer receipt. It is important to note that when making this transfer it will not be possible to generate in your account our Income Tax report. Transfer information can be obtained through the “dollar transfer” topic on the chat.
The settlement date for stock trading is two (2) business days after the trading date. Withdrawals can only be requested after trade settlement.
Following this example, the exchange can be requested after , the date the resources are settled. If the exchange is requested on you can request the direct withdrawal in reais to your registered account the following business day ()
You can check which one you have chosen on the REPORT – EXCHANGE REPORT tab. “Default” means that the values will only be available for next business day operations and “immediate” is for the same day, that is, the funds are only immediately available if you chose immediate exchange. Monday to Friday, 9am to 2:25pm.
Your Avenue account is a cash account. This type of account means you are only allowed to buy with the liquid funds.
When performing an exchange, you are given two options: immediate or next business day
That is, if you sold a stock today, funds will settle two business days after the sale. It is possible to buy without the balance being settled, due to market trust on a future payment, but if you break market trust by selling positions acquired with unsettled funds, there will be a violation on your account known as a GOOD FAITH VIOLATION. Consequently, assets sold before they are paid in full will incur this penalty. See the video below to better understand.
Avenue is the brand name for the digital sites and platforms of the affiliated companies Avenue Securities LLC, Avenue Global Advisors LLC, Avenue Cash LLC, Avenue Services LLC, Avenue Meios de Pagamento Ltda and Avenue Securities DTVM Ltda.
As per CVM Guidance Opinion n? 33, dated , Avenue Securities LLC entered into an agreement with Avenue Securities DTVM Ltda. (“Avenue Securities DTVM”), a Brazilian securities distributor duly authorized by the Central Bank of Brazil and the CVM, through which Avenue Securities DTVM offers the services of Avenue Securities LLC to investors resident, domiciled or incorporated in the Federative Republic of Brazil. The CVM jurisdiction is limited to the Brazilian territory and its supervisory power is limited to Avenue Securities DTVM.