Formax Prime Capital Launches Spanish and Chinese Websites

[kreslik.news]

Formax Prime Capital, an FX broker, informed Finance Magnates today that they will be launching Spanish and Chinese language websites for traders. The firm, which received licensing from the UK’s Financial Conduct Authority in 2015, currently offers retail customers the ability to trade FX, commodities and indices.

Formax only lets customers trade through an electronic communication network (ECN). ECN’s are limited to matching trades between market participants, meaning that the broker using them cannot trade against their clients.

The firm launched a new site and marketing plan last December to sell their ECN-only service and have now decided to expand. ... (read more)