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FxPro Announces Plans To Expand Its Geographic Reach And Core Product Offering In 2011

19/01/2011, 05:52

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

About FxPro

FxPro is an award-winning online broker, serving retail and institutional clients in more than 150 countries. FxPro provides access to competitive pricing and deep liquidity with no-dealing-desk intervention via its advanced trading platforms, superior execution technologies and algorithmic tools.

FxPro Group Limited is the holding company of FxPro UK Limited and FxPro Financial Services Limited.

FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration no. 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07) and by the Financial Services Board (authorisation no. 45052).

http://www.fxpro.co.uk

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