WeTrade Signs Multi-Year Marketing Partnership With Houston Rockets

Monday, 08/06/2026 | 08:12 GMT by Damian Chmiel
  • The Cyprus-based broker is the latest trading firm to chase basketball fans as CFD companies pile into the NBA.
  • WeTrade's products are not available to US residents, leaving the Rockets' international audience as the focus of the deal.
wetrade houston rockets

WeTrade has signed a multi-year international marketing partnership with the Houston Rockets, the broker said, securing a foothold inside one of the NBA's most widely followed franchises.

The agreement extends a sports marketing push that already runs through football and motorsport. WeTrade signed a three-year deal with Paris Saint-Germain reaching the club's global following, and it backs Phantom Global in the Porsche Carrera Cup Asia.

WeTrade did not disclose what it is paying. Its products are not available to US residents and are not regulated by any US authority, according to the company's own risk disclosure, so the deal leans on the Rockets' overseas fanbase rather than American traders.

George Miltiadous
George Miltiadous

George Miltiadous, WeTrade's group chief executive, tied the deal to the culture of professional sport. "This collaboration brings together the discipline and mindset of elite sport and trading," he said.

Brokers Crowd Into the NBA as Football Draws Regulators

WeTrade joins a line of trading firms that have moved into US basketball over the past two years. Dubai-based STARTRADER became an official NBA partner in January 2026, with branding in arenas and on broadcasts, and TMGM signed a multi-year deal with the Brooklyn Nets in July 2025.

The roster runs deeper. Robinhood began its sports sponsorship run with the Washington Wizards in October 2023 and later added jersey patch deals with the Memphis Grizzlies and Miami Heat.

Plus500 signed a four-year agreement with the Chicago Bulls in 2022, and XTB became a FIBA global partner in April 2026, backing the 2026 and 2027 Basketball World Cups.

The NBA closed its 2024-25 season with 51 marketing partners, several of them from the CFD, fintech and crypto world. WeTrade's deal centers on digital campaigns and fan activations rather than a jersey patch or arena rights, and the company is pitching it at a worldwide audience.

The move toward basketball comes as football sponsorship faces fresh pressure, with Britain's Financial Conduct Authority warning clubs in June over deals with unauthorized trading and crypto firms.

WeTrade Leans on Offshore Licenses for Its Global Reach

WeTrade Capital, founded in 2015 and based in Cyprus, trades CFDs across forex , indices, metals and other instruments. It holds a CySEC license in Cyprus, where it secured authorization earlier in 2025, alongside permits in Saint Vincent and the Grenadines, Australia and Malaysia.

The broker added a Securities Dealer License from the Financial Services Authority of Seychelles in 2025, joining a group of offshore brokers recently cleared by the regulator.

None of those licenses cover the United States, which is why the Rockets tie-up is framed as international marketing rather than a route into the American market.

Sponsorship has long been a way for brokers to buy visibility and borrow credibility from established sports brands, a pattern FinanceMagnates.com has tracked across the industry.

WeTrade has signed a multi-year international marketing partnership with the Houston Rockets, the broker said, securing a foothold inside one of the NBA's most widely followed franchises.

The agreement extends a sports marketing push that already runs through football and motorsport. WeTrade signed a three-year deal with Paris Saint-Germain reaching the club's global following, and it backs Phantom Global in the Porsche Carrera Cup Asia.

WeTrade did not disclose what it is paying. Its products are not available to US residents and are not regulated by any US authority, according to the company's own risk disclosure, so the deal leans on the Rockets' overseas fanbase rather than American traders.

George Miltiadous
George Miltiadous

George Miltiadous, WeTrade's group chief executive, tied the deal to the culture of professional sport. "This collaboration brings together the discipline and mindset of elite sport and trading," he said.

Brokers Crowd Into the NBA as Football Draws Regulators

WeTrade joins a line of trading firms that have moved into US basketball over the past two years. Dubai-based STARTRADER became an official NBA partner in January 2026, with branding in arenas and on broadcasts, and TMGM signed a multi-year deal with the Brooklyn Nets in July 2025.

The roster runs deeper. Robinhood began its sports sponsorship run with the Washington Wizards in October 2023 and later added jersey patch deals with the Memphis Grizzlies and Miami Heat.

Plus500 signed a four-year agreement with the Chicago Bulls in 2022, and XTB became a FIBA global partner in April 2026, backing the 2026 and 2027 Basketball World Cups.

The NBA closed its 2024-25 season with 51 marketing partners, several of them from the CFD, fintech and crypto world. WeTrade's deal centers on digital campaigns and fan activations rather than a jersey patch or arena rights, and the company is pitching it at a worldwide audience.

The move toward basketball comes as football sponsorship faces fresh pressure, with Britain's Financial Conduct Authority warning clubs in June over deals with unauthorized trading and crypto firms.

WeTrade Leans on Offshore Licenses for Its Global Reach

WeTrade Capital, founded in 2015 and based in Cyprus, trades CFDs across forex , indices, metals and other instruments. It holds a CySEC license in Cyprus, where it secured authorization earlier in 2025, alongside permits in Saint Vincent and the Grenadines, Australia and Malaysia.

The broker added a Securities Dealer License from the Financial Services Authority of Seychelles in 2025, joining a group of offshore brokers recently cleared by the regulator.

None of those licenses cover the United States, which is why the Rockets tie-up is framed as international marketing rather than a route into the American market.

Sponsorship has long been a way for brokers to buy visibility and borrow credibility from established sports brands, a pattern FinanceMagnates.com has tracked across the industry.

About the Author: Damian Chmiel
Damian Chmiel
  • 3615 Articles
  • 112 Followers
About the Author: Damian Chmiel
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia. His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch. Education: MA in Finance and Accounting, Cracow University of Economics
  • 3615 Articles
  • 112 Followers

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