Eurotrader Gains South African License to Boost Global Expansion

Eurotrader Group announced that it has gained a license from the South African regulator for its locally formed entity, Eurotrade SA (Pty) Ltd, as the brokerage is pushing for further expansion.

Services under the new entity will be offered from the newly acquired eurotrader.com domain. The gain of the new license and acquisition of the domain came with the brokerage's rebranding efforts.

“Eurotrader’s focus is to accommodate the needs of individual traders as well as those looking to explore copy trading or account management systems,” Sergei Grigoriev, Executive Director at Eurotrader, said in a statement.

Expanding Retail-Centric Services

The broker offers trading services with contracts for difference (CFDs) of 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, Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, indices, commodities and shares. Eurotrader is quickly becoming one of Europe’s preferred brokers due to their industry leading pricing and low fees.

Additionally, it is increasing its offerings by adding stocks of US, UK and European companies and will allow fractional shares trading to attract retail traders.

“In addition to offering industry lowest forex spreads, Eurotrader clients will have the opportunity to trade on shares and futures on the world’s leading exchanges. Having direct market access to such products will enable our clients to invest in publicly listed companies,” Grigoriev added.

“Eurotrader has also lowered the financial barrier to investing for its more budget-oriented traders with the inclusion of fractional shares.”