IronFX Announces $100m Investment from Middle Eastern Family Office
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IronFX Announces $100m Investment from Middle Eastern Family Office
Cyprus-headquartered brokerage IronFX has announced a major investment from a family office in the Middle East. The investment is said to be distributed to the company in three tranches with the first one already on its way and the rest pending regulatory approval.
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The major institutional investment into the company comes at a critical time for the foreign exchange industry. Low volatility has been challenging for some brokers, while companies like Plus500 and Swissquote have been posting record results.
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