Fxview, a Cyprus-based financial services provider, announced today that it has established an offshore subsidiary in Saint Vincent and Grenadines to expand the company’s operations.
According to the official press release, Charlgate SVG LLC will ensure the expansion of products and services on Fxview’s platforms. The newly established subsidiary will allow the company to offer its products and services to traders in different parts of the world.
Earlier this month, Finvasia Group, the owner of different brands in fintech and financial services, announced the acquisition of a 100% stake in Fxview for an undisclosed amount.
Commenting on the recent announcement, Rahul Bansal, Director of Charlgate SVG LLC, said: “We anticipate that many more traders will join our platform where we plan to offer additional products and services like research & analysis, higher leverage, sophisticated trading tools, social trading, MAM / PAMM services, affiliate programs, loyalty reward programs and more.”
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Fxview is headquartered in Limassol. Currently, the company is offering various financial services, including trading in FX and commodities. The company has been operating in Europe utilising multiple European licenses.
Fxview is planning to facilitate a broad range of clients through the latest establishment of its subsidiary in Saint Vincent and Grenadines. Fxview highlighted that the recent set up will allow the company’s existing and new customers to take advantage of various services. “We have been successfully operating uninterrupted in the trading industry for more than a decade, and one of our missions has always been to grow our regulatory framework,” said Sarvjeet Virk, Managing Director of FINVASIA Group.
Saint Vincent and Grenadines is one of the most famous offshore destinations among financial institutions around the world. In the last few years, various brokers have established an offshore entity in the region to reach different international markets. “The offshore entity is a key milestone for Fxivew. This will allow our existing and new clients to take full advantage of our innovative ecosystem ranging from state-of-the-art platforms & tools, lightning-fast execution, excellent trading conditions and stellar customer support,” Virk added.