Forex

Exclusive: Trade.com Expands to Germany with New Frankfurt Office

Retail brokerage group Trade.com informed Finance Magnates on Tuesday that it has opened a brand new workplace in Germany.

Alongside a regulatory license and its headquarters in Cyprus, the group already has workplaces – and regulatory licenses – within the UK and South Africa.

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The group’s new German workplace is predicated in Frankfurt, the nation’s predominant monetary hub.

The new base of operations will present companies extra suited to the wants of native merchants.

That means assist companies, whether or not its account opening or buying and selling issues, could be supplied by locals in a language that Trade.com’s prospects perceive.

“Local presence is essential”

Trade.com informed Finance Magnates that its new Frankfurt workplace would assist to create a tailor-made buying and selling expertise for its German purchasers, with accounts suited to their wants.

“With Germany being one of many largest European markets in CFDs and attracting an ever-increasing circulation of subtle merchants, a neighborhood presence is essential,” mentioned Roei Gavish, Trade.com’s chief govt officer.

“We purpose to turn into extra accessible to the German market by creating a gathering level and secure buying and selling atmosphere for native merchants.”

The group additionally highlighted its German-oriented contracts-for-difference (CFDs), which embrace shares in Deutsche Bank, Daimler, and Commerzbank, and might be offering dwell buying and selling seminars in German. What’s extra, the corporate can also be making ready to launch a collection of latest merchandise, together with thematic portfolios.

“Customer service is on the coronary heart of all our choices,” added Gavish.

“We wish to place Trade.com as a number one model, by providing a full 360 answer and much more subtle buying and selling choices to our purchasers. Our German enlargement is just the start.”

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David

David is the founder of DebtDefined.com. The firm originates business financing for companies of all size in the Canadian marketplace . Originations include business loans, term loans, asset based lines of credit, SR ED Tax credit financing , and receivable financing .

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