FxPro, a London-based foreign exchange brokerage, has announced about a multi-year partnership agreement with Mclaren F1 Team. Terms of the sponsorship deal were not disclosed, but it was confirmed that FxPro prominent branding will now appear on McLaren cars during all F1 races. The FxPro logo will appear on the MCL33 car from this weekend’s Monaco Grand Prix (24-27 May), highlighting the company as the number one online broker in the world. This partnership means a lot for the FxPro and requires the commitment and high quality performance from both parties. 
The Chief Executive Officer of the McLaren Racing, Zak Brown in his comments about the deal said that the company is pleased to start the partnership with FxPro, as the world famous broker has proven its ability to perform at the highest level and that both companies always aim to be the best in what they're doing. Also the Chief Marketing Officer of the FxPro, Ilya Holey, said that with the numerous sports sponsorships, it is a part of company's outreach program and the way they do business and McLaren is a perfect partner who also aims for excellence and success. FxPro has a significant sports sponsorship history as a sponsor for AFC Champions League (2011-2012), Formula 1 (2009-2010), Aston Villa F.C. (2011-2012), WRC Rally (2010-2011) and others.
Category: Industry
CMC Markets has become a St Kilda Football Club Sponsor
Australian Football Club St Kilda has announced a sponsorship with the CMC Markets as shorts sponsor for the next three years starting in the 2020 season.
Since launching in 1989, CMC Markets has become a leading global provider of online trading, offering access to the markets in the last year to over 176,000 active clients across four continents.
A customer-centric approach drives both organizations, and St Kilda General Manager of Commercial Chris Larkins said their shared passion for teamwork and community makes CMC Markets a great fit for the Saints.
“CMC Markets have over 30 years of proven and trusted experience yet are still committed to constant innovation. As a proud foundation club, this really resonated with us, and we look forward to growing this partnership over the coming years” Larkin said.
Matt Lewis, Head of CMC Markets in Asia Pacific and Canada has added: “Both of our organisations are built around the people who support us. Our communities, whether investors or football fans, are what make us who we are and drive our continued growth and innovation.”
CMC Markets will power the Saints’ 2019 Trade Period, before being proudly displayed on all AFLM shorts until at least the end of the 2022 season.
About CMC Markets
Since its launch in the UK, CMC Markets has broadened their presence and established offices internationally in Australia, Austria, Canada, France, Germany, Ireland, Italy, and other countries, which made them one of the world-leading online CFD providers. Headquarter CMC Markets UK plc and CMC Spreadbet plc is authorized and regulated by the FCA (UK). You can read our full CMC Markets review here.
Premier League Football Clubs Signed Advertising Deal With eToro
Global investment platform eToro has secured partnerships with seven different Premier League soccer clubs. These deals are especially unique because they were paid using the world’s leading cryptocurrency, bitcoin. The deal could be worth somewhere between £4 and £5 million.
The seven Premier League clubs who have agreed to set up a digital wallet with eToro include Brighton & Hove Albion F.C., Cardiff City F.C., Crystal Palace F.C., Leicester City F.C., Newcastle United F.C., Southampton F.C., and Tottenham Hotspur F.C.
eToro’s UK MD Iqbal V. Gandham has commented on the deal: "As a global multi-asset platform where you can purchase the world’s biggest cryptoassets alongside more traditional investments, we are excited to be partnering with so many Premier League clubs and make history by being the first company ever to pay for a Premier League partnership in bitcoin."
These partnerships mark the first step in bringing the opportunity offered by bitcoin and cryptoassets to football. eToro believes that crypto, and the technology, namely blockchain that underpins it, can improve football and the world of sports. In the future, this could include addressing issues of ticket touting, problems with transparency, and providing a guarantee of authenticity for merchandise.
eToro is regulated in Europe by the Cyprus Securities and Exchange Commission and regulated in the UK by the Financial Conduct Authority. eToro empowers people to invest on their own terms. The platform enables people to invest in the assets they want, from cryptoassets to stocks and commodities. You can read our full eToro review here.
MultiBank Group has partnered with BMW M Motorsport
MultiBank Group has signed an agreement to become the Official Partner of BMW M Motorsport. The pact between BMW M Motorsport and MultiBank further builds on the list of milestones in the history of MultiBank Group.
In relation to the partnership, Naser Taher, Founder & Chairman of MultiBank Group, comments, “We look forward to working closely with BMW M Motorsport in the upcoming season, and anticipate a long and fruitful partnership with them. Through this partnership, we hope to reinforce MultiBank’s commitment to supporting the local and global community. I wish the BMW team the best of success in the upcoming races.”
MultiBank’s Director of Public Relations, Sophia Barnes, adds, “We are very excited to be partnering with BMW M Motorsport, a team symbolic of excellence in performance, both in racing and engineering. We see strong alignments in our corporate values, as MultiBank Group is committed to offering the best trading technologies and products in the financial services industry.”
The first cooperation in this partnership will be the highly anticipated Macau Grand Prix. The event will take place the weekend of November 14-17th 2019 on the Guia Circuit, as Brazilian driver Augusto Farfus and BMW Team Schnitzer returns to Macau to defend their championship title from last year.
MultiBank Group is one of the world’s leading Forex & CFD brokers. Founded in the USA in 2005, MultiBank was one of the first in the foreign exchange industry to launch a fully transparent electronic Forex and Financial Derivatives Exchange. Group boasts a daily trading volume in excess of US$ 6.2 billion and provides services to an extensive client-base of over 320,000 customers from across 90 countries worldwide.
A New Dedicated News-Portal Has Arrived: Axiory Intelligence
Axiory has launched a new market news provider in the Fintech industry, Axiory Intelligence. The brain-child of global fintech company Axiory, it is an independent, dedicated, market news portal for traders, investors, and all financial enthusiast.
Axiory Intelligence serves as a reliable source for up-to-date, fast, and relevant content for traders to stay informed on the latest in global markets, especially news that can affect their trading. The website provides its users with various video updates, webinars, articles, technical analyses, chart analyses, general market information, NFP watch, and educational articles.
The industry’s newest news provider was designed to fulfill an obvious need among traders; knowledge, and information. While there are many well-established news providers in the industry, Axiory Intelligence is based upon the principle of being built by traders. Axiory has years of experience in the industry with several fintech companies including its dedicated broker, Axiory Global. The interaction with the broker’s clients highlighted the fact that when it comes to making trading decisions, traders prefer information and news updates over any other trading tools. With a team of experts and analysts on hand, Axiory developed the independent, dedicated market news and analysis provider.
Beyond news, the website will offer a plethora of educational pieces and webinars, which will only continue to grow over time. All this offering serves as part of Axiory’s mission to keep giving back to the trading community in an attempt to enhance traders’ knowledge, experience, and ultimately their success. The news provider is designed with the trader in mind, from the interface, viewer journey, type of information provided, and market alerts. Everything is designed to allow traders to swiftly find relevant information when they need it.
As mentioned above, the team behind Axiory Intelligence comes from a trading background; from its CEO and Director Tomasz Wisniewski to every analyst, market researcher, and educator. Simply put, Axiory Intelligence is by traders, for traders.
“Axiory Intelligence is more than just a news provider; it is a space created by traders for traders, and this entire initiative orbits around this principle. Our brokerage, Axiory Global has always been an integral part of the trading industry and we’ve boasted a fantastic team of specialists. Axiory Intelligence is an extension of our experience in the market and the ideal complement to the core values of Axiory: fairness, transparency, care for all stakeholders, traders being the most important. Hence the decision to create an independent, unbiased team of financial markets’ experts, which will operate in a fully dedicated environment, providing the general public with unique quality content and education. We truly believe that it is our duty as market practitioners to help the industry grow in a sustainable way, and independent research and quality education are key to achieve such a goal” Axiory CEO and Director Roberto d’Ambrosio commented about this new development.
MultiBank Group Acquires AETOS China
MultiBank Group, a leading online trading brokerage, has announced its acquisition of AETOS Capital Group Pty Ltd which is based in mainland China operations. The purchase is to include the transfer of AETOS’s tens of thousands of traders to trade with the MultiBank Group brand. Previous AETOS traders will trade under a new division of MultiBank Group called MBG.
MultiBank Group and its subsidiaries are licensed and regulated worldwide by many reputable regulators including BaFin in Germany, ASIC in Australia, RAK in the UAE, FMA in Austria and CNMV in Spain. The company prides itself on its combination of prime liquidity and cutting-edge technology, as well as reliable customer service.
AETOS customers can expect a smooth transition between the brands. Mr. Draco Ng, the former CEO of AETOS Capital Group, will become the CEO of the new MBG division and will work tirelessly to ensure that all traders will receive the same level of service that they’ve been receiving, including competitive execution speeds, technology transfers, and top-level security. The transfer is expected to be completed over the weekend following the trading week ending on June 8, 2019.
Ms. Sophia Barnes, Marketing Manager of MultiBank Group, comments, “The Group is now finalizing further expansion in England, Kuwait, Philippines, Indonesia and Kenya, all of which are envisaged to be operational in 2019. This brings the total global reach of MultiBank Group to 18 offices worldwide.”
AETOS is a global provider of FX and CFDs that giving its clients access to a wide range of markets including forex, metals, energy, and indices while serving their clients through corporate headquarters in Sydney Australia and serving global presence through London, UK office and customer support office in China. You can read our full AETOS review here.
FXCM Pro has announced a technology partnership with Flextrade
FXCM together with Flextrade announced a technology partnership for FXCM’s institutional business and Flextrade’s “MaxxTrader” solution. FXCM through FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime.
FlexTrade Systems is the global leader in high performance execution management that was founded in 1996. The company specializes in order management systems for equities, foreign exchange, options, futures and fixed income.
Chief Commercial Officer of FXCM Group, Siju Daniel has commented on a partnership: "We are thrilled to partner with FlexTrade, a truly innovative and leading technology provider in the space”. Daniel added, “MaxxTrader is an End to End, dedicated and customizable solution covering all products including FX Spot, Swaps, NDFs, CFDs and Commodities"
"This coupled with FXCM’s leadership in supplying unique and tailored bank and non-bank liquidity, delivers a powerful offering to clients who require best in class across their technology and liquidity needs. FXCM Pro further differentiates itself by adding FlexTrade to its existing suite of robust solutions."
Manish Kedia, Managing Director of FlexTrade APAC, stated: "FXCM is a leader in this space and ahead of the curve in terms of liquidity and pricing. And when you combine it with our “MaxxTrader” solution, it’s a winwin situation for clients interested in a comprehensive solution."
About FXCM
FXCM is one of the pioneer providers of online trading, foreign exchange or Forex trading, CFDs, Stocks, Commodities, Indices and spread betting. Founded in 1999, the company's main aim was to provide global traders with access to the world’s largest liquid market through innovative trading tools. The FXCM LTD is authorized and regulated in the UK, Australia and South Africa. You can read our full FXCM review here.
Canadian IIROC review its Regulations
As a pan-Canadian authority working with the intention to improve the trading regulation framework, IIROC recently develops reforms to align better outcomes for clients and make the nature of Forex trading more clearly within Canada and beyond.
Since IIROC believes that the proper management of the trading process and its rules should improve public confidence within the Canadian financial system together with overall investor protection, IIROC published amendments to its Regulations.
Amendments to IIROC rules and guidance will ensure alignment to the Client Focused Reforms that are also directed towards education rules, approved individuals and going to add on additional fees, as well as to expand regulated activities involving futures and options and apply to OTC derivatives alike CFDs and Forex. Read more about IIROC Proposed Derivatives Rule Modernization by the link.
Generally speaking, it means that the newly proposed amendment will align Canadian regulation more to the European ESMA regulatory framework, which may bring expand to the trading and better opportunities’ for traders.
Important to note that recent notice is Stage 1 of further expand and application to necessary rules, which will be divided for few cycles as the first CE cycle affected by the Proposed Amendments will be effective as of January 1, 2020. Stage 2 will include more amendments mainly concerned margin requirements and leverage restrictions.
IIROC is the pan-Canadian regulatory organization that oversees investment dealers and the trading activity performed and offered in Canada. Within the industry, IIROC is recognized to its high quality scope of regulatory and investment industry standards, aligned to protect investors and strengthens market integrity.
There are numerous world known and global broker offering its attractive trading opportunities to both beginning and professional traders available for Canadian citizens, although sharply regulated by Canadian authorization and bringing vast options for trading. You may check out our list of Regulated Forex Brokers by the link and get to know more about offerings in a detail.
Financial Commission improved the ‘Check Your Broker’ Directory
The Financial Commission has announced about the changes and improvements to its ‘Check Your Broker’ online directory with the addition of broker profiles. Thanks to this update it is going to be easier for traders to search and find out the information about a brokers licenses, memberships with the Financial Commission and possible Compensation Fund protections.
The updates to the directory will be made on a regular basis to add more information about the brokers and inform on the regulatory status change of existing firms.
The ‘Check Your Broker’ directory was launched in April 2019. The main idea was to help traders to get the needed basic information about their broker, check their broker’s authorization status and find out whether they can use Financial Commission’s services and what companies are considered to be frauds.
The new updated directory has gotten more valuable information about non-member firms to help traders check the license and regulatory status of over 200 brokers. It also helps to find out company details regarding the products and services offered by each broker. Another useful addition is enabling the traders to leave feedback and share their trading experience on the broker’s profile page and find the contact details for each listed broker in the directory.
These major improvements are intended to help the trading public navigate the FX community and help them in choosing the right broker for them, find out about the regulatory and licensing status of their broker and also check and compare reviews and comments from other traders about their trading experience with a particular broker.
You may also use our website to check the broker's licenses, reviews and trader's comments. Check our list of the Regulated Brokers.
