INFINOX (www.INFINOX.com), a leading CFD and FX trading broker with an international presence, including in Africa, recorded a 61% increase in revenues and a 28% increase in trading volumes to 553 billion dollars in 2020. of the company’s resilient expansion strategy and growing investor demand around the world.
The company aims to empower investors by providing them with a seamless user experience to trade effectively. This includes an array of assets, including forex, stocks, commodities, and indices on the popular MetaTrader 4 and MetaTrader 5 trading platforms.
In late 2020, the company launched its innovative IX Social app – a mobile community trading platform that puts global financial markets in the hands of users. It allows them to share their knowledge, their professions in real time and their experience with like-minded international traders from the IX Social community.
Regulated and licensed by FSCA South Africa and FCA UK, among other well-known financial authorities, Dany Mawas, INFINOX Regional Director, adds that this growth is also a result of increasing global staff at the company, up about 38%. “The pandemic has also triggered market volatility, which has resulted in investment opportunities and increased investor demand. Since our launch in the African market in 2020, and following recent regulatory approval in South Africa and Mauritius, we are now welcoming more African investors to our large and rapidly growing client base.
Mawa’s sentiments are shared by INFINOX CEO Robert Berkeley, who adds that while 2020 has been a year of changes and challenges for the investment industry, INFINOX has most certainly lived up to it.
“Raising transaction volumes to the $ 553 billion mark in a somewhat trying year is a milestone for the company. However, even though we are a global company, we retain the agility, entrepreneurship and attention to customer service that have helped us achieve the levels of success we enjoy today, ”explains- he does. “The launch of our IX Social community trading app has brought the excitement and power of real-time trading to a whole new audience, and its popularity is becoming a cornerstone of our global growth.”
Mawas adds that last year saw INFINOX adapt its operations to comply with major regulatory changes in the UK and EU. This means meeting the growing global demand to provide a transparent and intuitive trading platform that will bode well for new African markets.
“Committed to the financial prosperity of traders on the continent, we see our expansion into African markets as an integral springboard for the success of African traders. This, combined with our access to high levels of liquidity, means that we are well positioned to meet the challenges of 2021 and beyond, ”concludes Mawas.
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