Bell Financial outbids Axi for Australia low-cost trading platform SelfWealth
The consideration represents an implied equity value for SelfWealth of approximately AUD $57.7 million (USD $37 million).
The consideration represents an implied equity value for SelfWealth of approximately AUD $57.7 million (USD $37 million).
SelfWealth has 129,000 Active Portfolios, with Funds under Administration of AUD $10.7 billion.
Upon now returning to Axi, Sarah Hall will serve as Head of Axi Services.
Axi, a global Forex and CFD broker, has announced the continuation of its collaboration with John Stones.
Retail Forex and CFD broker Axi has announced a renewal of its partnership with LaLiga club, Girona FC, for two more seasons.
Founded in 1931, Bahia plays in the Campeonato Brasileiro Série A, Brazil’s top league. The club has won the Brasileirão title twice.
Client funds held at Axi UK totaled $19.7 million as at year-end 2023, versus $20.0 million in 2022.
Featuring stars of Manchester City FC, the campaign introduces Axi’s new capital allocation programme, Axi Select.
Axi Select offers traders to join the program with zero registration fees, and the opportunity to earn up to 90% of their profits.
The partnership will allow Axi to expand its commitment to sports and football fans, strengthening its presence in Latin America.