ForexVox rebrands to MarketsVox as trading industry goes multi-asset

Rick Steves

“While Forex has been a cornerstone, MarketsVox now extends its offerings to include indices, commodities, cryptocurrencies, and metals. The new name is a nod to the company’s commitment to evolving with the ever-changing landscape of financial markets”

Offshore retail CFD broker ForexVox has announced it is rebranding to MarketsVox, in a shift that goes beyond a mere name change.

“It symbolizes a strategic and forward-thinking approach that encapsulates the company’s vision for the future”, said the announcement by the broker, which is following the trend within the brokerage industry of dropping the “Forex” identity to come across as a multi-asset brokerage operation.

MarketsVox launching social trading and a partner program

MarketsVox said the decision to rebrand is grounded in a multifaceted strategy aimed at better representing the extensive array of financial instruments offered by the broker. “While Forex has been a cornerstone, MarketsVox now extends its offerings to include indices, commodities, cryptocurrencies, and metals. The new name is a nod to the company’s commitment to evolving with the ever-changing landscape of financial markets”, the company stated.

The company is also introducing a host of enhancements to enrich the trading experience for its clients. Among these are new payment options that offer increased flexibility, the introduction of a unique social platform featuring copy trading capabilities, and notable updates to the partner program, promising more rewarding collaboration.

In addition to these changes, MarketsVox is proud to share recent improvements to trading conditions. Fixed spreads have been implemented for three major pairs: EURUSD, GBPUSD, and USDJPY. This enhancement aims to provide traders with greater transparency and stability in their trading activities.

MarketsVox experiencing impressive client onboarding

As part of its global expansion efforts, the broker appointed a series of executives in 2023, including Mexico-based Alberto Degan as Head of LATAM, Oleksandra Boryslavska as Head of Polish support, and Malaysia-based Rushdi Shabudin as Business Development Manager.

It was two months ago that the broker launched its Crypto offering to allow its users to diversify their trading portfolio and explore the world of digital assets.

According to MarketsVox Sales Director Slava Biletska, October 2023 marked a historic milestone for the broker as the number of registered accounts soared by an impressive 74%.

MarketsVox is a brand operated by ForexVox (Seychelles) Financial Services Ltd., a company incorporated and registered under the laws of Seychelles with Company number 8430368-1. The entity is authorized and regulated as a Securities Dealer by the Financial Services Authority under Securities Dealer license number SD142.

MV Technologies Ltd, registration number HE 450318, address: 160 Archiepiskopou Makariou III Avenue, First Floor, 3026, Limassol, Cyprus, is the partner company, that provides certain content and operates the business including in terms of processing payment transactions.

Read this next

Crypto Insider

Octa’s insights: the approval of spot Ethereum ETFs is not going as planned.

The approval of spot Bitcoin exchange-traded funds (ETF) by the U.S. Securities and Exchange Commission (SEC) in January 2024 triggered a substantial rise in the bitcoin price. Also, interest in the proposed spot Ethereum ETF has increased

Industry News

Bursa Malaysia introduces Trading Reminders

The Trading Reminder flag aims to alert investors to exercise caution when encountering a stock displaying persistent unusual price and/or volume movements after the listed company’s UMA response.

Industry News

21 Republican representatives want to “End the Fed”

“Americans are suffering under crippling inflation, and the Federal Reserve is to blame.”

Retail FX

Scope Markets launches unleveraged trading

“Whilst our traditional contract for difference (CFD) products continue to prove incredibly popular, the Invest account is unleveraged and only allows ‘long’ positions to be taken, a combination that significantly reduces the risk of capital losses.”

blockdag

Unlocking Profit Potential: Earn Returns with DecodeEX Experience Bonus!

DecodeEX, the innovative brokerage subsidiary of Decode Global, announced its experience bonus campaign, offering every user the opportunity to maximize their strategic trading potential with up to $10,000 in experience bonus. 

Market News

Pretiorates’ Thoughts 28 – Precious metals and base metals out of control

Ten days ago we mentioned in Pretiorates’ Thoughts 26: Chapter 2 should start with Precious Metals.

Retail FX

Webull launches discount brokerage in Malaysia

“Making investing more inclusive and accessible to all, Webull Malaysia brings best-in-class tools and information to empower investors of all levels with knowledge and skills to help them make better investment decisions and achieve their investment goals.”

Digital Assets

Hidden Road adds OKX’s Nitro Spreads into prime brokerage

“Hidden Road continually seeks to increase market access and capital efficiency through expanded prime brokerage offerings. Integrating OKX’s Nitro Spreads product builds upon this philosophy by extending our counterparties’ ability to execute risk-managed arbitrage strategies.”

blockdag

Dev Release 31: BlockDAG’s SHA-3 Upgrades Propel Crypto Mining Innovation as Miner Sales Approach 5800 Units

Learn about BlockDAG’s 31st Development Release, which includes advanced SHA-3 updates and a significant increase in miner sales, driving advancements.

<