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Chinese online trading portal FX110 has very recently raised about $7.5 million (RMB 50 million) in a Series B funding round for the venture, Finance Magnates has confirmed with sources inside the company.
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China is overwhelmingly considered to be most lucrative market or online trading brokers and affiliates due to its huge growth potential and rapid expansion. Because of this for years already we have repeatedly seen international FX portals shifting their focus to the Asian giant and launching Chinese language services.
The local Chinese ecosystem is ... (read more)