APO

Market volatility and global expansion push INFINOX to half a trillion

Published

on

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.

Short Link: https://wp.me/pcj2iU-3y70

NNN

NNN: :is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]nnn.com.ng

Traditional leader urges Nigerians to take COVID-19 vaccine The FG appoints the boards of directors, the heads of certain educational agencies WHO and the International Organization of la Francophonie (OIF) sign a memorandum of understanding to strengthen access to health care in French-speaking countries The Minister ensures the implementation of the law on the FCT public service commission #ImagineCircularity: The circular transformation will not be broadcast live Nigeria can host African Games with facilities in Benin – Dalung Ramadan: Osinbajo preaches love, kindness, generosity UN Secretary-General’s Special Envoy for Libya discusses UN-African Union cooperation in support of Libya with AU Commissioners in Addis Ababa Kenya Private Sector Alliance (KEPSA) and Canada-Africa Chamber of Commerce Announce Major Memorandum of Understanding (MoU) FEC Approves N532m for UI Library Extension Over 1.2 million children not yet vaccinated in Nigeria – UNICEF Sweden invests heavily in global access to vaccines in fight against COVID-19 pandemic School exclusion in Madagascar during COVID-19 FG refutes Obaseki’s claims about the state of the economy Coronavirus – Malawi: COVID-19 update (April 13, 2021) Coe warns of effect of further Tokyo Olympics postponement UN-Habitat and Swedish International Development Cooperation Agency (SIDA) partner in cash transfer initiative to protect residents of Kismayo from effects of COVID-19 pandemic Mass Sack: Kaduna NLC calls for prayers Coronavirus – Sierra Leone: COVID-19 update (April 13, 2021) JUSUN strike blocks Evans trial WHO builds confidence in COVID-19 vaccination, tackles reluctance in West Nile subregion East African and international political leaders and financial experts highlight best practices in green investing Plateau: a student who protested falls from the vehicle, dies DMO auctions N150b FG bonds COVID-19 vaccination: UNICEF urges leaders to play key role Coronavirus – Kenya: COVID-19 update (April 13, 2021) Senate confirms Shaba’s appointment as DG NSRDA Coronavirus – South Africa: COVID-19 update (April 13, 2021) Transparency: NEITI reiterates its commitment to partnership with the media Coronavirus – Eritrea: Announcement from the Ministry of Health (April 13, 2021) Coronavirus – Namibia: COVID-19 update (April 13, 2021) Reinforced security in Benin for the closing ceremony of the NSF Coronavirus – Ethiopia: COVID-19 update (April 13, 2021) DMO auctions N150b FG bonds Sport: the panacea of ​​youth engagement against insecurity – NTTF official Coronavirus – Zambia: COVID-19 update (April 13, 2021) PDP pillar brings Nigeria unity campaign to Onitsha traders Coronavirus – Rwanda: COVID-19 update (April 13, 2021) Niger: 20 preschool children die in school fire Coronavirus – Nigeria: COVID-19 update (April 13, 2021) Osinbajo chairs as FEC honors late Mahmud Tukur Kenya avocado exports hit 72,000 tonnes in 2020 – official Jema’a LG President congratulates KEDC for restoring electricity to Kafanchan Germany votes against AstraZeneca for under-60s OPEC + Compliance with oil cuts in March largely thanks to Saudi Arabia Rights experts sound the alarm over Uganda’s ‘brutal’ electoral crackdown NSF: I have an Olympic dream, I need support – Gold medalist appeals Burundian refugees in Tanzania live in fear: UN rights experts Commander of Defense College commends COAS for leadership qualities Ekiti agency to start dismantling illegal billboards on Thursday