FXEMPIRE
All

ETX Capital Acquires Client List of Alpari (UK)

Barry Norman
ETX Capital Acquires Client List of Alpari (UK)

ETX Capital, the UK based online Forex, CFD and Spread Trading platform provider, has acquired the client list of Alpari (UK) from special administrators KPMG.

“We are very excited about this deal as it complements two of our main strategic drives: the expansion of our MT4 offering and the continued expansion of our international customer base” said Andrew Edwards, CEO of ETX Capital. “We know that the last few months have been difficult for these Alpari customers; our multi-platform multi language capabilities make us best placed to address those clients’ needs.  Whilst the clients may pursue their funds themselves through the administration process, we hope they accept our offer of assistance in facilitating a smooth transition of their funds to ETX Capital”.

John Wilson, ETX Capital’s Chairman said, “At ETX Capital we have had a very good first quarter despite the issues that brought down Alpari; following on from record revenue and profits in 2014,  this deal will further accelerate our growth and increase momentum.”

ETX Capital (ETX) is a leading UK based, global provider of online trading solutions to the international retail marketplace.  Its clients trade Forex, CFDs and Spreads using both MT4 and proprietary platforms on a wide range of assets from FX, indices and commodities through to individual equities.

ETX Capital’s predecessor was incorporated in 1965 and the company has been offering online trading since 2002. Today it offers trading in some 6,000 instruments across 20 national and international markets and operates with 150 staff based in the UK as well as having offices in a number of international locations.

ETX Capital is based in the City of London and is authorised and regulated for all its activities by the Financial Conduct Authority – register number 124721 – and customer funds up to £50,000 per customer are protected by the Financial Services Compensation Scheme in case of default.

ETX is a private company owned by the partners of JRJ Group, a private equity investment firm with a core focus on the financial services sector, as well as the shareholders of BXR Group, an international private investment firm with an 18 year track record and multi-billion dollar portfolio

For further information, please contact:

John Wilson, Executive Chairman, +44 (0)20 7392 1401john.wilson@etxcapital.com    

Andrew Edwards, CEO, +44 (0)20 7392 1401andrew.edwards@etxcapital.com

Joe Rundle, Head of Trading, +44(0)20 7392 1463joe.rundle@etxcapital.com

Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Latest Articles

See All

Expand Your Knowledge

See All
IMPORTANT DISCLAIMERS
The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.
RISK DISCLAIMER
This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.
FOLLOW US