Exclusive: Formax Group Acquires ZuluTrade Group

Social trading software developer ZuluTrade has just finalized an Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term deal with Formax Group, giving the latter control of the popular copy trading pioneer.

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ZuluTrade was founded in 2007 by Leon Yohai, its current CEO, who confirmed the matter to Finance Magnates.

Founded in 2012 by Bill Wang, who is its Chairman and CEO, Formax Group provides products like HK and US stocks, Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, P2P, small and micro loans and other internet finance-related products and services. It offers integrated and comprehensive financial products and services that belong to wealth management, investment consulting and consume financial credit fields.

It has established many subsidiaries around the world, including China, the UK, Australia, New Zealand, Hong Kong and Vietnam, and opened branches in 33 major cities in China including Beijing, Tianjin, Shanghai, Shenzhen, Guangzhou, Wuhan and Chengdu.