The FX/CFD retail trading platform ForexVox announced today (Tuesday) that it is rebranding as MarketsVox. This rebranding reflects the company's growth beyond forex trading into other financial markets.

In its official materials, the broker states that its main headquarters is in London. However, it holds a license for conducting business issued to a company registered in the Seychelles, and its operations initially began in Ukraine.

Online Trading Platform ForexVox Rebrands as MarketsVox

According to the announcement, MarketsVox will now offer indices, commodities, cryptocurrencies, and metals in addition to foreign exchange. The new name represents the company's commitment to expanding its trading offerings across diverse markets.

As part of the rebrand, MarketsVox is launching a range of new features for clients. These include additional payment options, a social trading platform with copy trading capabilities, and updates to its partner program.

"The evolution from ForexVox to MarketsVox is not just a change; it's a declaration of the company's growth, adaptability, and commitment to staying at the forefront of the trading industry," the company wrote in the official statement.

The company stated that the rebrand symbolizes its vision for the future and evolution as an adaptive player in the online trading industry. While Forex trading remains a key offering, MarketsVox aims to provide clients access to a wider spectrum of trading opportunities. Recently, MarketsVox implemented fixed spreads for major currency pairs EURUSD, GBPUSD and USDJPY. This change intends to give traders more transparency and stability in pricing.

The company said it remains dedicated to innovation, customer satisfaction and excellence as a financial markets trading platform. The rebrand to MarketsVox and associated product enhancements reflect this focus.

In the past, many typical forex brokers underwent similar rebranding. In 2022, the popular HotForex brand changed to HFM to better reflect the wider range of its products. A year earlier, Vantage FX decided to remove the "FX" suffix from its name, wanting to more clearly signal a broader range of services than just currency pairs.

94% of MarketsVox's Clients Moves to MT5

A few months ago, the company announced that it had transferred nearly all its clients from the MetaTrader 4 platform to MetaTrader 5. The decision to transfer 94% of retail traders was aimed at helping the company to "stay ahead of the market" by providing clients with the best solutions as competition in the industry continues to grow.

"Selecting the right platform is pivotal for the company's future, especially in the context of the rapidly evolving global financial sector," said Slava Biletska, the Director and Shareholder at ForexVox. "We meticulously weighed the platform's benefits and potential, and it became clear that MetaTrader 5 is the platform for the future."

MarketsVox is the trade name of ForexVox (Seychelles) Financial Services Ltd., a company established and registered under number 8430368-1. Additionally, it holds a license in Cyprus for providing payment services.