The broker expanded the product with the launch of TRADE Challenges.
The Italian operation now offers US and UK stocks, and will add CFDs in two or three months.
Trade.com, a trading brand in the retail markets operated by Trade Capital Holding, has launched services in the Italian market after obtaining a local regulatory license, Finance Magnates learned exclusively. The brand further launched a new product: “TRADE Challenges.”
Trade.com Is Now in Italy
The Italian operation is being run under the locally formed entity Trade Capital Italia SIM, which gained authorization as an investment services company from Consob. The platform will offer services to both retail and professional clients.
At launch, the Italian customers can trade US and EU-listed equities. However, the company has plans to add contracts for differences (CFDs) in the next two or three months.
The company highlighted that the institutional operation of Trade.com Italy is affiliated with a group of private bankers and consultants and will provide financial advice and operational support for investment funds.
“We see Italy as a very strategic market,” Roei Gavish, the Group CEO of Trade.com, told Finance Magnates. “We believe a local setup with a strong banking relationship will create a big opportunity.”
The geographical expansion did not come abruptly, as Trade.com already publicized its plans to expand into Italy in September 2022. It also has plans to enter the United States. Apart from the Italian license, Trade.com is regulated in Dubai, the United Kingdom, Cyprus, South Africa, Mauritius, and Spain.
Although Trade.com will use the Italian license only to operate in the local market, it plans to passport it to more European Union countries next year.
A New In-Demand Product
Along with the geographical expansion, the brand announced the launch of the “TRADE Challenge,” under which the firm will provide its own capital to eligible traders for trading.
According to the TRADE Challenge website, it offers funding between $10,000 and $200,000 and will share 70 percent of the profits with traders. It will offer the services under Trade.com’s own trading platform on both web and mobile.
The group company detailed that the Trade Challenge services will be available to traders in Asia, Latin America, Africa, Europe, and the Middle East and North Africa.
Trade.com is not the first broker to launch a service like TRADE Challenge. Earlier, brokers like OANDA, Axi, and Hantec Markets also launched similar services to retail traders. Further, this niche industry has hundreds, if not more, of companies dedicated to offering such services.
Trade.com, a trading brand in the retail markets operated by Trade Capital Holding, has launched services in the Italian market after obtaining a local regulatory license, Finance Magnates learned exclusively. The brand further launched a new product: “TRADE Challenges.”
Trade.com Is Now in Italy
The Italian operation is being run under the locally formed entity Trade Capital Italia SIM, which gained authorization as an investment services company from Consob. The platform will offer services to both retail and professional clients.
At launch, the Italian customers can trade US and EU-listed equities. However, the company has plans to add contracts for differences (CFDs) in the next two or three months.
The company highlighted that the institutional operation of Trade.com Italy is affiliated with a group of private bankers and consultants and will provide financial advice and operational support for investment funds.
“We see Italy as a very strategic market,” Roei Gavish, the Group CEO of Trade.com, told Finance Magnates. “We believe a local setup with a strong banking relationship will create a big opportunity.”
The geographical expansion did not come abruptly, as Trade.com already publicized its plans to expand into Italy in September 2022. It also has plans to enter the United States. Apart from the Italian license, Trade.com is regulated in Dubai, the United Kingdom, Cyprus, South Africa, Mauritius, and Spain.
Although Trade.com will use the Italian license only to operate in the local market, it plans to passport it to more European Union countries next year.
A New In-Demand Product
Along with the geographical expansion, the brand announced the launch of the “TRADE Challenge,” under which the firm will provide its own capital to eligible traders for trading.
According to the TRADE Challenge website, it offers funding between $10,000 and $200,000 and will share 70 percent of the profits with traders. It will offer the services under Trade.com’s own trading platform on both web and mobile.
The group company detailed that the Trade Challenge services will be available to traders in Asia, Latin America, Africa, Europe, and the Middle East and North Africa.
Trade.com is not the first broker to launch a service like TRADE Challenge. Earlier, brokers like OANDA, Axi, and Hantec Markets also launched similar services to retail traders. Further, this niche industry has hundreds, if not more, of companies dedicated to offering such services.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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📣 Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!