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The parent company of XTrade and XForex, XFR Financial Ltd has decided to consolidate its offering and phase out the older brand. The move is a natural progression in the aftermath of a sponsorship deal that was signed by XTrade with Cristiano Ronaldo. The firm has become the first brokerage to market its products through a single football player.
The agreement is likely to have cost a substantial investment, which the parent company of Xtrade is now taking to bigger use after phasing out its XForex brand. The latter has been previously operated by OCM Holdings LTD, a Cypriot company ... (read more)