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TradeNext Targets Germany's Forex Market

TradeNext, the UK-based Forex broker, plans to grasp a share of the German online trading market, with operations to be launched soon in the major European economy. Commenting on the plans, TradeNext's head of trading Jason Gibson noted the fast growth of Germany's market and promised that the company will offer some unique tools and products to its German clientele. 

 
The first step into reaching out to German clients will be the participation of the broker in the World of Trading Show on 15 & 16 November in Messe Frankfurt. The company will offer visitors of the expo to take a peek into its range of trading platforms – the open source tradable; FlexStation which is based on X Open Hub technology; as well as the recently introduced social trading platform TradeCrowd
 
Well, the German traders are surely hard to impress: for instance, in terms of social Forex trading they are well acquainted with Ayondo, the social trading platform that started from Germany and is rapidly expanding across the continent. By the way, the broker behind Ayondo – Ayondo Markets is based in the UK. I bet you can smell the resemblance with TradeNext and TradeCrowd it supports. May be TradeNext is attacking the German market using a similar strategy as its rival. In terms of rivalry with other social FX trading platforms, TradeCrowd has the crucial advantage of being registered with the UK's Financial Conduct Authority. 
 
Still, the success in Germany is not guaranteed, given that German Forex traders have been spoiled with various brokers offering their services – these range from Admiral Markets to Forex.com. Hopefully, TradeNext will find the correct approach and will manage to extend its footprint in Germany.
 
 

About Tradenext Limited

 
Tradenext is an Indian-owned firm that has built a strong hold in the global trading and forex markets. The firm has been nurtured on the four pillars of Integrity, Trust, Excellence and Customer First attitude – all essential for a business with core focus on Finance and Investments. Tradenext is authorised and regulated by the Financial Conduct Authority (FCA) registration number 573464.
TAGS: tradenext  tradenext forex broker  tradenext uk  tradenext germany  german forex broker  uk forex broker  forex platforms  tradable  flexstation  tradecrowd  world of trading show 

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