ForexVox Morphs into MarketsVox amid Expansion beyond Currencies
The FX/CFD
retail trading platform ForexVox announced today (Tuesday) that it is
rebranding as MarketsVox. This rebranding reflects the company’s growth beyond
forex trading into other financial markets.
In its
official materials, the broker states that its main headquarters is in London.
However, it holds a license for conducting business issued to a company
registered in the Seychelles, and its operations initially began in Ukraine.
According
to the announcement, MarketsVox will now offer indices, commodities,
cryptocurrencies, and metals in addition to foreign exchange. The new name
represents the company’s commitment to expanding its trading offerings across
diverse markets.
As part of
the rebrand, MarketsVox is launching a range of new features for clients.
These include additional payment options, a social trading platform with copy
trading capabilities, and updates to its partner program.
“The
evolution from ForexVox to MarketsVox is not just a change; it’s a declaration
of the company’s growth, adaptability, and commitment to staying at the
forefront of the trading industry,” the company wrote in the official
statement.
The company
stated that the rebrand symbolizes its vision for the future and evolution as
an adaptive player in the online trading industry. While Forex trading remains
a key offering, MarketsVox aims to provide clients access to a wider spectrum
of trading opportunities. Recently, MarketsVox implemented fixed spreads for major currency pairs EURUSD, GBPUSD
and USDJPY. This change intends to give traders more transparency and stability
in pricing.
The company
said it remains dedicated to innovation, customer satisfaction and excellence
as a financial markets trading platform. The rebrand to MarketsVox and
associated product enhancements reflect this focus.
In the
past, many typical forex brokers underwent similar rebranding. In 2022, the
popular HotForex brand changed to HFM to better reflect the wider range of its
products. A year earlier, Vantage FX decided to remove the “FX”
suffix from its name, wanting to more clearly signal a broader range of
services than just currency pairs.
94% of MarketsVox’s
Clients Moves to MT5
A few
months ago, the company announced that it had transferred nearly all its
clients from the MetaTrader 4 platform to MetaTrader 5. The decision to
transfer 94% of retail traders was aimed at helping the company to “stay
ahead of the market” by providing clients with the best solutions as
competition in the industry continues to grow.
“Selecting
the right platform is pivotal for the company’s future, especially in the
context of the rapidly evolving global financial sector,” said Slava
Biletska, the Director and Shareholder at ForexVox. “We meticulously
weighed the platform’s benefits and potential, and it became clear that
MetaTrader 5 is the platform for the future.”
MarketsVox
is the trade name of ForexVox (Seychelles) Financial Services Ltd., a company
established and registered under number 8430368-1. Additionally, it holds a
license in Cyprus for providing payment services.
The FX/CFD
retail trading platform ForexVox announced today (Tuesday) that it is
rebranding as MarketsVox. This rebranding reflects the company’s growth beyond
forex trading into other financial markets.
In its
official materials, the broker states that its main headquarters is in London.
However, it holds a license for conducting business issued to a company
registered in the Seychelles, and its operations initially began in Ukraine.
According
to the announcement, MarketsVox will now offer indices, commodities,
cryptocurrencies, and metals in addition to foreign exchange. The new name
represents the company’s commitment to expanding its trading offerings across
diverse markets.
As part of
the rebrand, MarketsVox is launching a range of new features for clients.
These include additional payment options, a social trading platform with copy
trading capabilities, and updates to its partner program.
“The
evolution from ForexVox to MarketsVox is not just a change; it’s a declaration
of the company’s growth, adaptability, and commitment to staying at the
forefront of the trading industry,” the company wrote in the official
statement.
The company
stated that the rebrand symbolizes its vision for the future and evolution as
an adaptive player in the online trading industry. While Forex trading remains
a key offering, MarketsVox aims to provide clients access to a wider spectrum
of trading opportunities. Recently, MarketsVox implemented fixed spreads for major currency pairs EURUSD, GBPUSD
and USDJPY. This change intends to give traders more transparency and stability
in pricing.
The company
said it remains dedicated to innovation, customer satisfaction and excellence
as a financial markets trading platform. The rebrand to MarketsVox and
associated product enhancements reflect this focus.
In the
past, many typical forex brokers underwent similar rebranding. In 2022, the
popular HotForex brand changed to HFM to better reflect the wider range of its
products. A year earlier, Vantage FX decided to remove the “FX”
suffix from its name, wanting to more clearly signal a broader range of
services than just currency pairs.
94% of MarketsVox’s
Clients Moves to MT5
A few
months ago, the company announced that it had transferred nearly all its
clients from the MetaTrader 4 platform to MetaTrader 5. The decision to
transfer 94% of retail traders was aimed at helping the company to “stay
ahead of the market” by providing clients with the best solutions as
competition in the industry continues to grow.
“Selecting
the right platform is pivotal for the company’s future, especially in the
context of the rapidly evolving global financial sector,” said Slava
Biletska, the Director and Shareholder at ForexVox. “We meticulously
weighed the platform’s benefits and potential, and it became clear that
MetaTrader 5 is the platform for the future.”
MarketsVox
is the trade name of ForexVox (Seychelles) Financial Services Ltd., a company
established and registered under number 8430368-1. Additionally, it holds a
license in Cyprus for providing payment services.
