FxPro Announces Plans to Expand its Geographic Reach and Core Product Offering in 2011

LONDON, January 19, 2011 /PRNewswire/ -- FxPro Financial Services Ltd (FxPro), an award-winning global retail broker in FX and CFDs, today announced its strategic intent to continue its exceptional growth of 2010, with further expansion of its geographic reach and core product offering in 2011.

(Photo: http://www.newscom.com/cgi-bin/prnh/20110119/431728 )

2010 was another record year of business development for FxPro. Trading volumes on its internationally popular http://www.fxpro.com platform grew by just over 20%, from $440 billion in 2009 to over $530 billion. Increased efficiencies and a focus on providing consumer-centric services for retail traders across the globe helped FxPro realise a net profit growth of over 50% on 2009.

The past 12 months also saw the global FX broker expand its international footprint with a new representative office in Spain (Madrid) and UK subsidiary company, FxPro UK Limited - both of which have already boosted business penetration within their respective markets. Servicing a diverse client-base in 149 countries, FxPro launched innovative BlackBerry(R) and iPhone-based mobile trading platforms, to offer even greater flexibility and global reach.

Recently awarded the top honour of 'Forex Provider of the Year' at the prestigious FT Investors Chronicle Awards 2010, FxPro is finalising a bespoke range of FX & CFD products and is researching physical expansion into the Middle East, Asia and Australia.

Denis Sukhotin, founder of FxPro, commented: "In 2011, FxPro will expand its on-the-ground presence in key growth markets and enhance its services portfolio with a number of innovative new products. Providing all of our clients worldwide with the highest standards of service and research, and the very best spreads and pricing in the industry, remains central to our offering. Our goal is to be the world's preferred FX broker and everyone associated with FxPro is focussed on delivering upon that charter."

The FxPro website can be accessed at http://www.fxpro.com

About FxPro

FxPro Financial Services Limited is a rapidly expanding industry leader in the fast growing retail market for CFD products (including forex, shares, spot metals and futures). Serving clients from 149 countries with trading and outstanding levels of customer support 24/5, our goal is to become the world's preferred forex broker. With a popular trading platform and well-regarded global brand, FxPro has emerged as a first choice for clients seeking user-friendly market access via a highly customizable superior trading infrastructure.

FxPro is authorised and regulated by the Cyprus Securities and Exchange Commission, under licence number 078/07, and operates under the EU Markets in Financial Instruments Directive (MiFID) having a presence in the UK, France, Spain, Austria, Russia and Cyprus. For further information, please visit http://www.fxpro.com

FxPro UK Limited, is authorised and regulated in the United Kingdom by the Financial Services Authority (FSA), registration number 509956. Registered address 13/14 Basinghall Street, London, EC2V 5BQ

    
    Notes to Media

    For further information, please contact:

    James Marshall
    Head of PR and Communications
    FxPro
    Tel: +44(0)207-776-9721
    Email: j.marshall@fxpro.com