ZuluTrade, one of the most popular social trading networks, is expanding in Japan - a retail forex market, which is totally dominated by its biggest competitor Tradency. The latter obtained investment advisory business license and signed up with several forex brokers, including Central Tanshi FX, FX Prime and Invast Securities. Invast only reported earlier this month that it has on boarded 70 000 social trading accounts.
ZuluTrade, a world leader in online and mobile Forex autotrading platforms, announced today expansion in the Japanese market through the acquisition of Market Crew Investment Advisor Co., Ltd. The Tokyo based subsidiary has been renamed to ZuluTrade Japan Co Ltd and will operate the Japanese website of ZuluTrade under zulutrade.co.jp.
“We are very excited to introduce ZuluTrade in Japan by collaborating with Japan regulated brokers.”
Leon Yohai, Founder and CEO of ZuluTrade comments, “We are very excited to introduce ZuluTrade in Japan by collaborating with Japan regulated brokers.” He continued: “Japan is a strategic market for ZuluTrade and we are investing in key relationships that will benefit collaborating broker customers as well as support our long-term growth goals. Japan will enable us to increase our global presence.”
The first brokerage firm to launch ZuluTrade in Japan is Arena FX Co., Ltd. The collaboration started on the 5th of September and is expected to be very popular with Forex investors.
Manabu Kato, is the CEO of ZuluTrade Japan Co Ltd. Kato has worked in securities company and founded Market Crew Investment Advisor Co., Ltd. in 2006. Kato has a wealth of experience in finance business, as well as in developing trading systems by himself.
“ZuluTrade’s autotrading platform represents an attractive alternative for Forex investors in Japan,” said Kato. “I am delighted to launch ZuluTrade in Japan, as the platform’s advanced algorithmic signals autotrading technology is expected to be greatly beneficial to everyone.”
ZuluTrade Japan Co Ltd. is registered with the Kanto Financial Bureau (“KFB”) as an Investment Advisor.
Founded in 2007 by Leon Yohai, ZuluTrade is headquartered in Athens, Greece, and has a young and progressive team of 120 people and growing. ZuluTrade’s online network lists over half a million registered users from 192 countries, and has an executed trading volume record of over 700 billion USD globally. For additional information, visit www.zulutrade.com and www.zulutrade.co.jp