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Screenshot of a breaking news alert e-mail from Q2 2017
Bulgarian originated and European centric FX broker Trading 212 received FCA authorization to conduct business with UK clientele back on October 1st. The news may be a small tidbit but just goes to show the allure of establishing a foothold, being associated and a part of London’s financial infrastructure — last week LeapRate put out an op-ed discussing the disparity between London’s financial sector and the remainder of not only Britain but the entire European continent, Managing Editor Andrew Saks-McLeod looked at macro-economic factors which surround the FX business in London.
Trading 212’s parent company Avus Capital operates in accordance with the European financial directive MiFID and is licensed by FSC Bulgaria (license number RG-03-0237). AVUS CAPITAL is also a member of ESMA (European Securities and Markets Authority). Now with their eyes on the UK and London… Trading 212 and parent firm Avus Capital could possibly be looking to float shares on the AIM stock market after seeing the success of brokers such as Plus500. One advantage for Trading 212/Avus which is similar to Plus500 is they both sport proprietary trading platforms, which is a distinct competitive advantage in the FX marketplace if they gain mass appeal, and Trading 212 is wildly popular.
For the record, newly FCA regulated Avus Capital UK Limited / Trading 212 lists their UK address at the following location:
It looks like Avus Capital UK Limited / Trading 212 have some exciting things planned for the future as they look towards the UK to gain more credibility. To see the official register notice, click here.