2024-09-09 05:01:32
RoboMarkets Group announces strategic changes to its European business model, to be implemented by the end of 2024.
In a press release, RoboMarkets stated: “Considering the conditions on the European market, we have decided to focus our European activities and expertise on serving stock investors and traders.”
As part of this shift, Frankfurt-based and BaFin-regulated RoboMarkets Deutschland GmbH will become the center for servicing European retail clients and will focus exclusively on stocks, bonds and ETFs. Cyprus-based and CySEC-regulated RoboMarkets Ltd. will transform into an institutional broker and will no longer serve retail clients from the beginning of 2025. This change will allow the company to continuously focus on and permanently optimize the technological, execution and quality aspects of its products.
High-risk and leveraged instruments, such as Forex and CFDs, will be completely discontinued and will no longer be offered through RoboMarkets’ European offices from early 2025.
Vanyo Walter, Managing Director of RoboMarkets Deutschland GmbH, comments: “RoboMarkets has great expertise in IT, liquidity and other fields of securities trading, which we want to use to position ourselves as a strong competitor in the stock brokerage business. A proprietary IT platform created and developed within the group of companies and continuous investments in our product line should bring benefits to our investors and attract more and more self-trading clients in Europe. In the future, RoboMarkets Deutschland GmbH will continue to steadily expand its stock offering and market presence, optimize trading conditions and maintain a stable, competitive and attractive environment for its clients. We are convinced that the market for self-investment and stock trading in Europe will grow significantly and are determined to become one of the leading brokers in this region.”
About RoboMarkets Group
RoboMarkets Ltd is a European financial brokerage company with CySEC license number 191/13. RoboMarkets provides investment services in many European countries and provides traders operating in the financial markets with access to its own trading platforms.
RoboMarkets Germany GmbH is a BaFin-regulated broker with license number 154068. The company’s headquarters are in Frankfurt am Main.
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RoboMarkets Group Announces Strategic Changes to its European Business Model
In a recent press release, RoboMarkets Group announced significant changes to its European business model, which will be implemented by the end of 2024. The company has decided to focus its European activities and expertise on serving stock investors and traders, marking a significant shift in its business strategy.
New Focus on Stocks, Bonds, and ETFs
As part of this shift, Frankfurt-based and BaFin-regulated RoboMarkets Deutschland GmbH will become the center for servicing European retail clients and will focus exclusively on stocks, bonds, and ETFs. This change will allow the company to leverage its expertise in IT, liquidity, and securities trading to position itself as a strong competitor in the stock brokerage business.
Discontinuation of High-Risk Instruments
High-risk and leveraged instruments, such as Forex and CFDs, will be completely discontinued and will no longer be offered through RoboMarkets’ European offices from early 2025. This move is likely to impact traders who rely on these instruments, but will allow the company to focus on serving stock investors and traders.
Transformation of RoboMarkets Ltd
Cyprus-based and CySEC-regulated RoboMarkets Ltd. will transform into an institutional broker and will no longer serve retail clients from the beginning of 2025. This change will allow the company to continuously focus on and permanently optimize the technological, execution, and quality aspects of its products.
Optimistic Outlook for the Future
Vanyo Walter, Managing Director of RoboMarkets Deutschland GmbH, commented on the changes, stating that the company is convinced that the market for self-investment and stock trading in Europe will grow significantly, and is determined to become one of the leading brokers in this region.
Recent Updates to Trading Conditions
In May 2020, RoboMarkets changed its trading conditions for indices, reducing the minimum order volume (lots) to 0.01 and the minimum order volume step (lots) down to the same value [[1]]. Additionally, the company has introduced updates to its R StocksTrader platform to enhance the trading experience [[3]].
Changes in Trading Schedule
RoboMarkets has also announced changes to its trading schedule for 2024, including the Summer Bank Holiday in the UK and the Labor Day in the US, which will affect trading hours on its MetaTrader 4, MetaTrader 5, and R StocksTrader platforms [[2]].
About RoboMarkets Group
RoboMarkets Ltd is a European financial brokerage company with CySEC license number 191/13. The company provides online trading services to its clients, offering a range of financial instruments, including stocks, bonds, ETFs, and more.
RoboMarkets Group’s strategic changes to its European business model signal a significant shift in its business strategy, focusing on serving stock investors and traders. While this change may impact traders who rely on high-risk instruments, it is likely to benefit the company in the long run, allowing it to optimize its products and services and position itself as a leading broker in the European market.
RoboMarkets Group Announces Strategic Changes to its European Business Model
In a recent press release, RoboMarkets Group announced significant changes to its European business model, which will be implemented by the end of 2024. The company has decided to focus its European activities and expertise on serving stock investors and traders, marking a significant shift in its business strategy.
**New Focus on Stocks, Bonds, and