Retail dealer ScorchingForex introduced on Thursday that its European entity, HF Markets (Europe) Ltd, can be rebranding from ScorchingForex to HF Markets. In an announcement despatched to merchants, the dealer mentioned that the change was a part of wider effort to enhance its service providing to European shoppers.
“The new model title,” mentioned the dealer, “displays the corporate’s imaginative and prescient to strengthen its European presence and continually develop the companies offered in an effort to supply an increasing number of buying and selling potentialities throughout a variety of monetary markets.”
Discover iFX EXPO, Your Gateway to Asian Markets!
Most of the modifications can be superficial. The dealer’s web site and cell utility can be altering, with the corporate’s new emblem changing its previous one.
The dealer’s ‘shopper space’ can even be present process a reputation change. Known now as myHotForex, this a part of the dealer’s web site will now be known as myHF.
ScorchingForex’s shoppers can anticipate to see the modifications within the subsequent week. The assertion issued by the dealer on Thursday signifies that the web site and cell utility rebranding course of will happen on the 28th of January.
During that rebranding course of, there can be no modifications to shoppers’ accounts or their capacity to entry their buying and selling portfolios.
New CEO for ScorchingForex UK
Though it could be rebranding, ScorchingForex just isn’t present process any main inside modifications as an organization.
But that doesn’t imply nothing is altering on the firm. In conjunction with its rebranding, the corporate has additionally managed to obtain a few new regulatory licenses.
For occasion, at first of this week, as reported by Finance Magnates, the agency confirmed that it had obtained a brand new license from the Financial Conduct Authority.
Concurrently, the agency introduced that it had introduced in Adam Toro as Chief Executive Officer (CEO) to go up its new base of operations in London. Toro was beforehand the CEO of Amana Financial Services UK, the British subsidiary of Amana Capital.