LONDON, November 26, 2014 /PRNewswire/ --
ETX Capital is excited to announce the latest stage in the
implementation of its long-term growth strategy, with the launch of
ETX in the Czech Republic,
Hungary and Poland.
2014 has been a year of continued growth for the company, with
ETX's recent acquisition of the customer base of Dublin-based Shelbourne Markets, making ETX
Capital Ireland the second largest spread betting and CFD provider
in the country. The firm also recently announced the purchase of
its technology partner Ariel, meaning that ETX has joined the
select group of trading companies owning their own platform
technology.
The growth so far this year, the absorption of Shelbourne, the
acquisition of Ariel and the start of Czech, Hungarian and Polish
operations - is all part of a larger international expansion
strategy. 2010 saw the firm extend its operations to Germany, followed by France, South
Africa and Portugal in
2011. In 2012 ETX broke into further new territories, expanding
into Denmark, Greece, Italy
and Spain, followed by ETX Romania
and ETX China in 2013.
However, 2014 has seen ETX Capital's largest expansion to date,
with Russian, Arabic, Turkish and Slovakian versions of the ETX
website now also available. A dedicated Middle East desk is in the pipeline for the
coming year and the company is continuing to actively look at
further prospective markets in both the East and West.
Andrew Edwards, CEO of ETX
Capital commented, "In the past year we've seen an 82% growth rate
in international funded accounts, and over 50% of ETX Capital's
revenue is now generated outside the UK. ETX Capital's growth has
brought tangible, profitable results and we have every expectation
that this will continue."
Notes to editors:
ETX Capital, a regulated global financial services firm,
provides retail, institutional and high net worth customers with
multi-asset and multi-market trading capability through a number of
products, including financial spread betting products, leveraged
Forex trading and CFD trading. The firm uses cutting edge
technology and delivers unrivalled levels of customer support from
knowledgeable staff and with the utmost client confidentiality.
Risk Warning: Leveraged products are not appropriate for
everyone. It is possible for you to lose your account balance. Do
not trade with funds you cannot afford to lose and seek advice if
you do not understand the risks.