Trade.com expands to the US with FINRA broker-dealer license
The operator of multi asset brokerage Trade.com, Trade Capital Holding Ltd, has announced that its newly established US unit Trade Capital Markets North America LLC has been granted a broker-dealer license by FINRA to operate in the US.
The US license will enable Trade Capital Group, part of Trade Capital Holding, to bring the Trade.com brand to the US and provide its services to the largest and most sophisticated financial markets in the world. The group said it is also committed to introducing new proprietary trading technologies for customers in 2023.
Roei Gavish, Group CEO, commented:
“Being present in the U.S. will enable Trade Capital Holding to be at the forefront of developments in financial markets which will benefit our clients across the world. We intend to be fully operational as a brokerage house in the U.S. by the end of H1 2023 and look forward to forging long term relationships with new business partners and clients. 2023 is going to be a pivotal year for us with many exciting plans in the pipeline.”
Trade Capital Holding is already licensed to operate in the UK, Spain, Cyprus and South Africa and has a representative office in Dubai, UAE. Besides the US, it is also anticipating expansion into Italy and India shortly.
The group, which as noted operates the Trade.com Retail FX and CFDs trading brand, offers multi-asset brokerage including leveraged trading of over 2000 assets, share trading with over 120 exchanges, asset management and crypto trading. The company is controlled by Israel based entrepreneur Mark Lauterstein.