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FxPro announces plans to expand its geographic reach and core product offering in 2011

19/01/11 @ 07:52 GMT

FxPro Financial Services Ltd (FxPro), an award-winning global retail broker in FX and CFDs, today announced its strategic intent to continue its exceptional growth of 2010, with further expansion of its geographic reach and core product offering in 2011.

2010 was another record year of business development for FxPro. Trading volumes on its internationally popular www.fxpro.com platform grew by just over 20%, from $440 billion in 2009 to over $530 billion. Increased efficiencies and a focus on providing consumer-centric services for retail traders across the globe helped FxPro realise a net profit growth of over 50% on 2009.

The past 12 months also saw the global FX broker expand its international footprint with a new representative office in Spain (Madrid) and UK subsidiary company, FxPro UK Limited – both of which have already boosted business penetration within their respective markets. Servicing a diverse client-base in 149 countries, FxPro launched innovative BlackBerry® and iPhone-based mobile trading platforms, to offer even greater flexibility and global reach.

Photo of Denis

Recently awarded the top honour of ‘Forex Provider of the Year’ at the prestigious FT Investors Chronicle Awards 2010, FxPro is finalising a bespoke range of FX & CFD products and is researching physical expansion into the Middle East, Asia and Australia.

Denis Sukhotin, founder of FxPro, commented: “In 2011, FxPro will expand its on-the-ground presence in key growth markets and enhance its services portfolio with a number of innovative new products. Providing all of our clients worldwide with the highest standards of service and research, and the very best spreads and pricing in the industry, remains central to our offering. Our goal is to be the world’s preferred FX broker and everyone associated with FxPro is focussed on delivering upon that charter.”

The FxPro website can be accessed at www.fxpro.com

Notes to Media

For further information, please contact:
James Marshall
Head of PR and Communications
FxPro
Tel: +44 (0) 207 776 9721
Email: j.marshall@fxpro.com

About FxPro
FxPro is an award-winning forex broker providing retail and institutional offerings to clients in 150 countries. FxPro offers trading access through a range of platforms including the innovative ECN platform – FxPro cTrader - supported by industry-leading market news and outstanding levels of customer support 24 hours a day. FxPro’s goal is to be the world’s preferred forex broker and it has become the first choice for forex traders needing user-friendly market access and superior trading infrastructure.

With offices in the United Kingdom, Austria, Cyprus, France, Russia and Spain, FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission, under licence number 078/07, and operates under the EU Markets in Financial Instruments Directive (MiFID).

In Australia, FxPro Australia Pty Ltd (ABN 68 143 740 603) is authorised and regulated by the Australian Securities and Investment Commission (ASIC), license number 405750. Registered address Suite 306, 15 Lime Street, Sydney NSW 2000.

FxPro UK Limited is authorised and regulated in the United Kingdom by the Financial Services Authority (FSA), registration number 509956. Registered address 13/14 Basinghall Street, London, EC2V 5BQ.

For further information, please visit www.fxpro.com.