Abstract:M4Markets, which offers forex and contracts for differences (CFDs) trading services, announced on Tuesday that it has completed a capital raising round with the sale of a “significant stake” to a strategic investor.
M4Markets, which offers forex and contracts for differences (CFDs) trading services, announced on Tuesday that it has completed a capital raising round with the sale of a “significant stake” to a strategic investor.
However, the company did not disclose either the identity of the new investor or the amount it has received. The percentage of the sold stake is also not known.
“Raising capital and attracting investors has been a priority over the past few months as we realized that M4Markets has grown exponentially, and we needed to optimize our technology and service offering in order to cater to our ever-growing client base,” M4Markets CEO, Deepak Jassal said in a statement.
The broker has several plans with freshly raised proceeds. It wants to utilize the capital in accelerating growth by enhancing products and services with the implementation of advanced technologies and automation solutions. The company also wants to improve its corporate governance and ESG frameworks, with the aim to bring in experienced professionals.
Keep Reading
Further, the broker, which is now operating with a Seychelles license, is planning to use the funds for geographic expansion, by entering new markets and regions.
“Our success has set us apart not only in terms of how investors see M4Markets, but especially in how our clients perceive us,” said M4Markets Group Business Development Officer, Nick Jay.
“We have been committed from the beginning to offering a competitive trading environment for our traders because we simply consider them our biggest asset and we couldnt be happier with this new development which will allow us to go out, meet and reach out to an even bigger number of traders.”
The funding also came after a positive first quarter in 2022, the broker highlighted. However, it again did not furnish any performance metrics.
“Over the past few months, we broke our monthly record over and over again and we feel that the new capital along with the expertise and leadership brought by the new investor group will enable us to change league altogether and increase substantially the value for our clients,” Jassal added.
M4Markets, which offers forex and contracts for differences (CFDs) trading services, announced on Tuesday that it has completed a capital raising round with the sale of a “significant stake” to a strategic investor.
However, the company did not disclose either the identity of the new investor or the amount it has received. The percentage of the sold stake is also not known.
“Raising capital and attracting investors has been a priority over the past few months as we realized that M4Markets has grown exponentially, and we needed to optimize our technology and service offering in order to cater to our ever-growing client base,” M4Markets CEO, Deepak Jassal said in a statement.
The broker has several plans with freshly raised proceeds. It wants to utilize the capital in accelerating growth by enhancing products and services with the implementation of advanced technologies and automation solutions. The company also wants to improve its corporate governance and ESG frameworks, with the aim to bring in experienced professionals.
Keep Reading
Further, the broker, which is now operating with a Seychelles license, is planning to use the funds for geographic expansion, by entering new markets and regions.
“Our success has set us apart not only in terms of how investors see M4Markets, but especially in how our clients perceive us,” said M4Markets Group Business Development Officer, Nick Jay.
“We have been committed from the beginning to offering a competitive trading environment for our traders because we simply consider them our biggest asset and we couldnt be happier with this new development which will allow us to go out, meet and reach out to an even bigger number of traders.”
The funding also came after a positive first quarter in 2022, the broker highlighted. However, it again did not furnish any performance metrics.
“Over the past few months, we broke our monthly record over and over again and we feel that the new capital along with the expertise and leadership brought by the new investor group will enable us to change league altogether and increase substantially the value for our clients,” Jassal added.
eToro strengthens its Australian market presence with the $80M AUD acquisition of Spaceship, expanding its long-term savings and superannuation offerings.
OANDA Japan Inc., a subsidiary of the global online broker OANDA Corporation, has announced the termination of its Tokyo Server MT4 Discretionary Plan. The broker has notified its clients that the plan will no longer be available after December 13, 2024, marking a shift in the company's services for clients using the MetaTrader 4 (MT4) platform in Japan.
In the midst of the 2021 crypto and NFT boom, celebrities flocked to the burgeoning market of digital assets, promoting Non-Fungible Tokens (NFTs) as the next big thing. Fast forward to 2024, the glitter has faded, and many celebrity-endorsed NFTs have lost their allure. The question remains: what happened to celebrities’ NFTs, and why should this serve as a stark reminder for everyday investors?
Updated forex analysis shows USD weakness, focusing on key levels like EUR/USD, DXY bearish trend, and pivot points for major currency pairs.