Offshore CFDs broker Forex4you rebrands as Markets4you
Visitors to the company’s old website forex4you.com are now redirected to markets4you.com.
Offshore FX brokers are websites which offer retail clients trading in forex pairs, CFDs and often cryptocurrencies, while located in one of many “offshore” locations. These include brokers which are licensed by small island and nation-states with the more popular ones being Belize, Seychelles, Mauritius, Saint Vincent and the Grenadines, the British Virgin Islands (BVI), and the Bahamas. Other offshore FX brokers are fully unlicensed, and operate with no regulatory oversight of any kind.
Offshore brokers typically can offer more risky terms to clients than can properly licensed, onshore brokers (such as those located in Europe, Australia, or North America), such as high leverage and volume-related deposit bonuses. However when things go wrong, clients of these offshore brokers typically have no recourse, and no real regulator to turn to,
Visitors to the company’s old website forex4you.com are now redirected to markets4you.com.
Based in Uruguay, Delia Claudia Bercea spent the past four years doing LaTAM BizDev work for trading platform solutions provider Sky Option.
OnEquity has also hired former IronFX executive Enver Snyders, as Country Manager for South Africa.
Mohamed Elsergany had previously served as Managing Director MENA for PU Prime, leaving in 2022 for rival Dubai based offshore broker OnePro.
Mohanad Yakout joins PU Prime from OnePro, an offshore CFDs broker based in Dubai where he was Global Head of Market Research.
ConnextFX is operating as a Seychelles domiciled entity. The broker will apparently initially focus on the LATAM and Far East markets.
Hantec Trader will offer proprietary trading accounts powered by Hantec Markets, a brokerage firm domiciled in Mauritius.
MarketsVox was established in 2019 by former GKFX exec Joe Roeder and entrepreneur Stuart Pettman.
Arkadiusz Bujalski joins Zara FX from BUX, where he was Head of Customer Support for BUX’s Stryk CFDs brokerage brand.
The new license widens Trade Nation’s global reach and provides more opportunities for expanding its customer base, particularly in Asia.