We only wrote about Ava FX announcing the launch of their new Australian office after receiving ASIC authorization yesterday and now we have more news coming from that continent: Admiral Markets, a large European broker with almost 20 billion in average monthly volume according to our survey, is too launching an ASIC authorized office.
Interesting to note is that Admiral Markets is going to launch of couple of new platforms called CFD Trader and EQ Trader (presumably equities trading platform) which shows how medium size brokers are trying to enhance their offering to clients.
One more major broker is about to announce the launch of ASIC licensed office very shortly. Australia is quite the hub for large forex brokers right now and the flurry of companies opening there will certainly create a healthy competition for local and regional traders.
• Brings its award winning technology to the Australian and Asian markets
• To launch a CFD trading platform
Tuesday January 24, 2012 – Admiral Markets has announced that it opened an office in Australia located at 95 Pitt St, Sydney NSW 2000, Australia. Opening an Australian office is a part of Admiral Market’s global expansion strategic plan, as one of the main goals of Admiral Markets is to stay close to its clients. With more than 20% of Admiral Markets’ volumes coming from Asian and South Pacific clients opening a licensed local subsidiary was the next logical step.
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Admiral Markets maintains local offices in the following countries helping improve accessibility and support to its worldwide clients: China, Indonesia, Malaysia, Bulgaria, Croatia, Czech, Greece, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia, Argentina, Chile, Spain, Belarus, Russia (UMIS), Ukraine, Germany, Italy, Latvia, Lithuania, Philippines. More local offices in additional countries are expected to open later this year.
In each of the Admiral Markets offices you will meet a team of professionals who will gladly provide you with training, Forex materials, analysis and will respond to a need of even a most demanding client with the great pleasure.
Dmitri Laush, Admiral Markets Co-Founder comments: “We always try to stay close to our clients, as well as to provide them with the best service on the market, for this reason Admiral Markets will soon launch 2 more trading platforms – CFD Trader and EQ Trader. We believe that acquiring respectful license is essential for an Online Broker nowadays, for this reason in the near future Admiral Markets will acquire UK FSA license, followed by the numerous other regulations available in the world”
Juri Kartakov, Regional Director for Central-South Asia & Oceania, comments: “In Australia we are entering into competition with global players and it will be great challenge to grab a major market share. We have the advantage of a young, energetic and professional team. The customers will quickly realize the benefits of trading with Admiral Markets, as we will be offering them excellent trading experience at best market conditions.“
About Admiral Markets:
Admiral Markets is an international financial company with offices in more then 30 locations worldwide. Since the year 2001, Admiral Markets has provided its clients with the most innovative trading technology on the global financial markets using the modern multifunctional trading platform MetaTrader 4. Admiral Markets superior service provides advanced solutions concerning currency internet-trading (Forex Spot) and Contracts for Difference (CFD) for US stocks, indices and futures (crude oil & gas). Admiral Markets has created comfortable conditions for trading which are capable of satisfying even the most exacting client.