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Market News Eurotrader enters the UK retail trading market with FCA authorization
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Eurotrader enters the UK retail trading market with FCA authorization

Author Avatar TOPONE Markets Analyst
2022-12-01 10:49:03

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The United Kingdom license is the most recent stage in the broker's global expansion. This week, CEO Marcelo Spina announced that the company, which has already secured a regulatory license in South Africa, had more news to share.

 

Eurotrader has recruited in London, appointing Jack Beezer from Axi as its new Chief Product Officer in the United Kingdom and Ben Swann as its Chief Technology Officer. Robert Collins has joined as Head of Trading from Valutrade.

 

The broker now provides traders with access to a diverse array of markets, including FX, equities, index-based transactions, and commodities. Additionally, it offers access to crypto marketplaces. There are over 50 currency pairs available, including majors, minors, and exotics. On its CFD menu, over 2500 equities and fractional shares are accessible. The MT4 and MT5 trading platforms, as well as the Eurosocial copy trading app, are supported.

 

Eurotrader continues to pursue what it calls a global growth strategy. This will certainly result in additional senior hires and licenses in other important active trading markets. The company's institutional division, Eurocapital, is already licensed by the FCA to service professional clients in the UK.

 

The establishment of Eurocapital in 2012 marked the group's entry into multi-asset liquidity provision. This positioned it as a prime of prime liquidity provider with full-circle solutions for a vast array of financial products, including as CFDs and futures. This provides it with access to Tier 1 liquidity, book-to-market prices, and excellent fill rates.

 

In addition to a network of third-party distribution hubs and co-located API connections, the broker is also integrated with a variety of professional trading platforms.

 

The broker was established in 2018 by Dr. Ozan Ozerk. He desired to promote financial inclusion and assist novice market participants. In 2005, Ozerk co-founded Norsk Ideutvikling, the owner of the Norwegian social networking website Biip.no, which propelled him to prominence in the realm of social media. Additionally, he owns the fintech company OpenPayd, which provides financial services to businesses. In addition to European Merchant Bank and Ozan SuperApp, he has founded a number of successful firms in the financial field.

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