Tixee is migrating its existing clients to M4Markets.
The exact details of the acquisition are unknown.
Trinota Markets (Global) Limited, the operator of M4Markets, has partially or fully acquired the operations of Tixee, a forex and contracts for differences (CFDs) broker operating in the EU and globally, Finance Magnates learned.
As such, Tixee is closing down its trading platform and is offering existing clients the option to transfer their accounts to M4Markets.
M4Markets Is Onboarding Tixee Clients
"Pipbull Limited (hereinafter 'tixee') has recently entered into a mutually beneficial commercial arrangement with Trinota Markets (Global) Limited (hereinafter 'M4 Markets'), one of the most promising CFD brokers in the market. Due to this fact, you cannot create an account with Tixee anymore," a customer support email from Tixee noted.
"In light of this development, Tixee will offer to all of its existing clients the opportunity to transfer their accounts to M4Markets. This will ensure continuity of service for tixee clients and allow them to trade with the best possible trading conditions and without any disruption."
According to the Seychelles-registered website, Tixee had over 155,000 registered clients from over 115 countries.
However, the details of the deal are not known yet. It is unclear if M4Markets bought only the client book of Tixee or if it involved a wider acquisition of assets. Finance Magnates tried to contact Tixee and M4Markets and will provide updates accordingly.
The financial market regulator in Seychelles has already authorized the deal, as the email noted: "This arrangement has been acknowledged by the Financial Services Authority of Seychelles."
In addition, Tixee and M4Markets operate within the European Union with licenses from the Cyprus Securities and Exchange Commission. It is unknown if the acquisition deal involved the Cyprus operations of Tixee.
Tixee Shutters
As Finance Magnates reported earlier, Tixee already terminated the opening of new accounts on both Seychelles and Cyprus-regulated platforms. Further, Todor Georgiev, Tixee's former Chief Operating Officer, recently left the broker to join FXGlobe, another FX/CFDs broker. Several other Tixee employees have also separated from the company in recent months.
Interestingly, at least two former Tixee employees from its Business Development team, Huan Van Tran and Donya F, joined M4Markets. Tran is handling M4Markets' Vietnamese-speaking clients, a lucrative demographic of traders, while Donya assumed the Senior Business Development Manager role.
Trinota Markets (Global) Limited, the operator of M4Markets, has partially or fully acquired the operations of Tixee, a forex and contracts for differences (CFDs) broker operating in the EU and globally, Finance Magnates learned.
As such, Tixee is closing down its trading platform and is offering existing clients the option to transfer their accounts to M4Markets.
M4Markets Is Onboarding Tixee Clients
"Pipbull Limited (hereinafter 'tixee') has recently entered into a mutually beneficial commercial arrangement with Trinota Markets (Global) Limited (hereinafter 'M4 Markets'), one of the most promising CFD brokers in the market. Due to this fact, you cannot create an account with Tixee anymore," a customer support email from Tixee noted.
"In light of this development, Tixee will offer to all of its existing clients the opportunity to transfer their accounts to M4Markets. This will ensure continuity of service for tixee clients and allow them to trade with the best possible trading conditions and without any disruption."
According to the Seychelles-registered website, Tixee had over 155,000 registered clients from over 115 countries.
However, the details of the deal are not known yet. It is unclear if M4Markets bought only the client book of Tixee or if it involved a wider acquisition of assets. Finance Magnates tried to contact Tixee and M4Markets and will provide updates accordingly.
The financial market regulator in Seychelles has already authorized the deal, as the email noted: "This arrangement has been acknowledged by the Financial Services Authority of Seychelles."
In addition, Tixee and M4Markets operate within the European Union with licenses from the Cyprus Securities and Exchange Commission. It is unknown if the acquisition deal involved the Cyprus operations of Tixee.
Tixee Shutters
As Finance Magnates reported earlier, Tixee already terminated the opening of new accounts on both Seychelles and Cyprus-regulated platforms. Further, Todor Georgiev, Tixee's former Chief Operating Officer, recently left the broker to join FXGlobe, another FX/CFDs broker. Several other Tixee employees have also separated from the company in recent months.
Interestingly, at least two former Tixee employees from its Business Development team, Huan Van Tran and Donya F, joined M4Markets. Tran is handling M4Markets' Vietnamese-speaking clients, a lucrative demographic of traders, while Donya assumed the Senior Business Development Manager role.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
Cheetah Fund Investors Lose $9 Million in Alleged Fraudulent Scheme
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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