Australia has become well established and recognized as a region which FX brokers can flourish due to its stable economy, highly respected financial services regulatory authority, sensible business environment and proximity to the much-coveted Asia Pacific region.
As a result, FX brokerages in Australia often prosper, with today’s announcement by MXT Global further emphasizing this.
MXT Global has announced a strategic partnership with compatriot FX firm, Vantage FX. The partnership of the two brands will create a larger operation, combining their extensive resources and the capital of the two firms. Each trading brand will continue to operate as normal, yet with the additional boost of new products and services.
Current MXT Global and Vantage FX clients will continue to trade with their respective brands, accounts and platforms. The newest change will come for Vantage FX traders who will now be able to access MXT Global’s products Gold/AUD, Silver/AUD, Platinum, Palladium and USD/CNH. Vantage FX clients can access these new products immediately on Vantage FX’s MT4 platform.
The combination of MXT Global and Vantage FX brings together two highly complementary companies in the FX and trading sector. MXT Global has established itself in the Asian market, as well as having grown considerably within its home market. Vantage FX has proven popular internationally with many innovations, one of which being the firm’s claim to having been the first provider of binary options and FX trading on one MetaTrader 4 platform. As an instrumental part of this partnership, Vantage FX intends to expand its reach into Asia.
Both Australian companies have expressed mutual objectives to continue providing superior customer service, innovative technological solutions and competitive rates and trader offerings. “We look forward to this new era with Vantage FX. The combination of resources will be invested in improving client and services offering,” says MXT Global Managing Director Reiji Onizawa.