London-based FX and CFDs brokerage company, ActivTrades has looked to the Bahamas as part of its latest expansionary stroke, culminating in the launch of ActivTrades Corp. The new entity will be based out of Nassau, helping allow ActivTrades to more effectively serve an expanding international client base, with an emphasis on South America and Asia.
ActivTrades Corp is fully regulated by the Securities Commission of the Bahamas. In particular, client funds are held in segregated bank accounts with clients benefiting from negative balance protection. Moreover, ActivTrades is also offering a $1 million funds’ insurance policy, underwritten by participating syndicates at Lloyd’s of London.
Of note, all financial instruments and asset classes in Nassau are under the regulation and supervision of the Securities Commission of the Bahamas. This includes futures, options, equities and CFDs made up of underlying assets including forex, currencies, crypto, indices, equities, shares, and commodities.
The Bahamas has become an increasingly popular jurisdiction for brokers in recent years. This trend has only grown since a substantiated shift in leverage and other retail regulations this year has caused many brokers to look beyond Europe into .
Extensive trading conditions
Clients registered with ActivTrades Corp will be able to trade with greater flexibility and utilize extensive trading conditions. Alessandro Gho, CEO of ActivTrades Corp, commented on the opening: “This is an exciting time for ActivTrades. Our new office will allow us to better reach emerging markets, which over recent years, have shown an increasing active interest in our services and product offering. We are a successful global company and brand, our expansion further cements this.”
ActivTrades has been aggressively expanding its operations for over a year now, with the new Bahamas office constituting its latest move. Over a year ago, the group also launched a Dubai branch to foster continued growth in the Middle Eastern market.
More recently, the company has had a series of developments in June as well. Finance Magnates spoke recently to Alex Pusco, the CEO of ActivTrades, who delved into detail regarding the group’s strategy for in light of these changes. Earlier this month, ActivTrades Georges Batrouni as the Senior Executive Officer (SEO) for the MENA region, operating out of Dubai.
Be First to Comment