Spreads on PRO STP account have now decreased even further as a result of the new liquidity provider (prime broker) for the trading transactions of our customers – London-based Sucden Financial (FSA license number 114239 with date of authorization of 12.01.2001).
We are actively developing cooperation with the largest participants in the financial market. Prime brokers are one more step in a major expansion of Forex4you bank and brokerage accounts, which is aimed at improving the trading conditions and, in particular, reducing the spreads for clients. This is possible thanks to the achievements of our company, showing high, stable financial performance in recent years and obtaining a license in the autumn of 2012.
Forex4you is a trademark of E-Global Trade & Finance Group, Inc. Company is registered in the British Virgin Islands (registration no: 1384287) in 2007. Main shareholders: private individuals. E-Global Trade & Finance Group, Inc is authorized and licensed by the Financial Services Commission (“FSC”) under the Securities and Investment Business Act, 2010 (“SIBA”) in the British Virgin Islands (“BVI”). The scope of activity of E-Global Trade & Finance Group, Inc. is providing foreign exchange brokerage services on the Internet using electronic payment systems. In 2012, the company increased monthly turnover to over 15 billion USD; the total of active accounts of the company for one trade in 2011 was equal to 93,979. The number of employees is about 90 people. The main suppliers of liquidity are licensed companies based in London (UK). In 2012, the company introduced its own technology for the aggregation of liquidity. It also owns offices of a total of 1161.5 square meters.
Sucden Financial Limited – The company was established as a brokerage unit of the French corporation Sucres et Denrées in London in 1973 and quickly became one of the leading brokers in the commodity and financial futures and options. At its head office in London Sucden Financial employs more than 150 people. In addition to its UK headquarters, Sucden Financial also has offices in Hong Kong and Moscow. In 1994 Sucden Financial became one of the 12 members of the top category of the London Metal Exchange (LME), with the right to open transactions in the commercial operating room. At the end of 2011 the total assets of the Company reached more than 0.5 billion USD.
Exchange LME at which Sucden Financial is one of the 12 largest members.