LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
Sports stars betting firm Football INDEX has announced an exclusive partnership with MT4 integration specialist Gold-i, to create a new and highly innovative ‘tradeable market’ in football players for the MetaTrader 4 and MetaTrader 5 trading platforms.
Planned to launch in Q2 2017, traders using MT4 or MT5 will be able to buy or sell futures contracts based on the value of football players.
The new product is being developed by Football INDEX and Gold-i in response to the growing synergies between retail foreign exchange brokers and the footballing community, as evidenced by the many football sponsorship deals in the industry.
Adam Cole, CEO of Football Index explains:
The concept of trading is really attractive but financial markets can be scary if you’re just getting started. Many people don’t believe they have the resources and knowledge to trade on the financial markets but when it comes to football it’s a different story, everyone thinks they have the answer. Our new product, in partnership with Gold-i, will provide a great opportunity to introduce new traders to the industry.
Football INDEX, a tradeable market in the world’s top 200 footballers, has proved extremely popular since it launched in 2015. In partnership with Gold-i, we are modifying our existing platform to make it available to both brokerages as well as individual traders.
Tom Higgins, CEO of Gold-i adds,
We continually look at innovative ways to help MetaTrader brokers to differentiate their offering in order to attract new clients or tap into new markets. We have formed an exclusive partnership with Football INDEX to help brokers to broaden their offering and generate new revenue streams.
By creating a football-based futures contract, we hope to help brokers to attract a new audience to trading – people who may eventually use their experience gained through trading via Football INDEX on MetaTrader to trade currencies and other financial instruments. We also believe there will be many existing FX traders who will welcome the opportunity to try out this unique football-based form of trading. Gold-i is very excited about working with Football INDEX to push boundaries and create a new product which will have mass appeal.
Football INDEX, billed as the world’s first football stock market, has been a big hit with football fans since launching in 2015. The Football INDEX platform is licensed and regulated by the UK Gambling Commission. The platform allows ‘traders’ to buy and sell contracts on professional footballers using real money, and provides an exciting alternative to the crowded sports betting market.
Gold-i is a leader in trading systems integration. With a focus on innovation and ‘making brokers better’, Gold-i develops all software in-house. Gold-i’s products have tangible business benefits, helping brokers using MetaTrader to make more money, cut costs, reduce risk and differentiate from competitors.