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FxPro Announces Expansion of its Operations


News provided by

FxPro

May 31, 2012, 08:11 ET

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LONDON, May 31, 2012 /PRNewswire/ --

FxPro Financial Services Ltd (FxPro), a leading global forex broker announced today a major expansion of its UK operations, through its subsidiary FxPro UK Ltd.

Following a recent approval by the Financial Services Authority (FSA), FxPro UK Ltd can now offer an extensive range of investment products and the company has made the strategic decision to increase the capabilities of its UK operations accordingly.

Under the umbrella of services offered by FxPro, clients now have the option of opening an account directly with one of three separately regulated companies - in Cyprus, Australia or the UK.

In Cyprus, FxPro is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) (license number 078/07) and operates under the EU Markets in Financial Instruments Directive (MiFID).

FxPro UK Limited is authorised and regulated in the United Kingdom by the Financial Services Authority (FSA), (registration number 509956).

In Australia, FxPro Australia Pty Ltd (ABN 68 740 603) is authorised and regulated by the Australian Securities and Investment Commission (license number 405750).

London's reputation as the undisputed forex capital of the world and as a well regulated and thriving financial centre make it an ideal location for an established global broker to have a presence at. Home to a diverse, highly-educated, and multicultural workforce London also provides a ready pool of world-class employees as the business looks to grows further.

FxPro UK Ltd occupies all four floors of the iconic Library Chambers, at 13/14 Basinghall St in the heart of the City of London's financial district. From this location, FxPro UK Ltd can provide all of its clients worldwide with a full trade execution service. This supplements the full range of services already provided by the regulated companies in Cyprus and Australia, including  client support, sales service and trade execution.

Following closely on the heels of the opening of FxPro's Australian office last year, the expansion and imminent offering of services by the London office is another successful milestone on FxPro's progress to being the world's preferred forex broker.

Denis Sukhotin, Founder of FxPro commented: "FxPro is delighted to now be able to offer all of our clients with the choice of three separately regulated companies with which to register. The choice is entirely up to them. Regardless of where they are based they can choose from CySEC, ASIC and now fully FSA authorised companies to maintain their account. The expansion of FxPro UK Ltd's operations is a natural progression of our approach to focusing on what is best for our clients and ensure FxPro always offers continuous 24 hour support across the globe."

Notes to Media

About FxPro

FxPro is an investment firm that operates as a global broker. FxPro, an award-winning forex broker, provides retail and institutional offerings to over 15,000 clients in about 120 countries.- FxPro offers trading access through a range of platforms including MetaTrader4 and  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.

FxPro is authorised and regulated by the Cyprus Securities and Exchange Commission (licence number 078/07) and operates under the EU Markets in Financial Instruments Directive (MiFID).

Address:  Karyatidon 1, Ypsonas 4180, Cyprus.

FxPro UK Limited is authorised and regulated in the United Kingdom by the Financial Services Authority (registration number 509956).

Address: 13/14 Basinghall Street, London, EC2V 5BQ.

FxPro Australia Pty Ltd (ABN 68 143 740 603) is authorised and regulated by the Australian Securities and Investment Commission (license number 405750).

Address: Suite 306, 15 Lime Street, Sydney NSW 2000.

For further information, please visit http://www.fxpro.com.

For further information, please contact: James Marshall, Head of PR and Communications, FxPro, Tel: +44(0)207-776-9721, Email: [email protected] .

SOURCE FxPro

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