(3 minutes read)
· INFINOX, a leading CFD and FX trading broker with international presence, including in Africa, upped its revenue by 61% and trading volume by 28% to US $553-billion in 2020
· Since launching in the African market in 2020 and complying to the regulatory framework in South Africa and Mauritius, brokerage company was welcoming more African investors to the fast-growing and extensive client base
· Its trading volumes t hit the US$553-billion mark during somewhat of a trying year of 2020
INFINOX, a leading CFD and FX trading broker with international presence, including in Africa, upped its revenue by 61% and trading volume by 28% to US $553-billion in 2020.
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Regulated and licensed by South Africa’s FSCA and the United Kingdom’s FCA, the growth in market capitalization of INFINOX comes as a result of its performance. Importantly, the company’s staff strength increased by 38%. Since launching in the African market in 2020 and complying to the regulatory framework in South Africa and Mauritius, brokerage company was welcoming more African investors to the fast-growing and extensive client base. Its trading volumes t hit the US$553-billion mark during somewhat of a trying year of 2020. The launch of the community trading app IX Social helped real-time trading to a whole new audience.
INFINOX is adapting its operations to comply with major regulatory changes within the UK and the EU to respond to the increased global demand to provide a seamless, intuitive trading platform that will bode well with the new African markets.
