PRESS RELEASE:
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FRANKFURT, Germany & NEW YORK–(BUSINESS WIRE)–July 28, 2016–
Please replace the release with the following corrected version due to multiple revisions.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160725006182/en/
Benjamin Bilski, SwipeStox
The corrected release reads:
SWIPESTOX TEAMS UP WITH LEADING ONLINE BROKER FXCM, THE NEWEST PARTNER FOR ITS MOBILE SOCIAL TRADING NETWORK.
- FXCM joins the social network for trading, SwipeStox
- Trading for FXCM clients with the SwipeStox app starts 1st of July 2016
- SwipeStox now offers worldwide first automatic broker onboarding
Swipestox GmbH, Frankfurt, has sealed a further partnership with FXCM, LTD. joining its fast growing social network for traders. FXCM is a leading global online broker, highly regarded for an offering that combines best in class execution with cutting edge trading tools and research capability. Through this partnership SwipeStox enables FXCM clients to take part in the social trading network by providing their existing account data. FXCM clients may trade all major forex crosses, indices and commodities. In addition, SwipeStox‘s growing audience can now open accounts with FXCM to execute their trades via the SwipeStox app.
Brandon Mulvihill, MD and Global Head of Sales at FXCM Pro, says “Built by industry veterans, SwipeStox is assertively pushing the envelope by combining the simplicity and reach offered via mobile trading. FXCM‘s API capabilities and our global networking and connectivity, offers customers utilizing the Swipestox platform the efficiency and transparency in trade execution for which FXCM is known. The integration of these complimentary products not only provides tremendous excitement today, but certainly lends itself to future enhancements and subsequent announcements to come.”
FXCM is the third renowned Broker joining the SwipeStox network. “We are proud to have FXCM with us. It clearly shows that we are taking the right path and it enables us to get into new markets. Through our strong focus on mobile technology we look forward to offering FXCM clients a chance to engage on a new type of social trading experience. Clients will benefit from a direct and native account opening from within the app. Thus with each big partnership we can train our algorithms more precisely and shape our APIs, which we can give back to FXCM with higher conversion and more activity”, says Benjamin Bilski, CEO of SwipeStox. He continues:” In the wake of integrations, we are the first worldwide to achieve automatic broker onboarding, where partners can sign-up like traders – but with their complete brokerage offering. This makes us the most accessible platform for social trading.”
The service for FXCM, LTD commences on August, 1st.
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Tags, keywords, important links:
Disruptive financial technology
FinTech
CFD
Indices
Soft Commodities
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SwipeStox app and Company
Entrepreneur Benjamin Bilski and Yasin Sebastian Qureshi, himself founder and former CEO of Varengold Bank AG, developed the idea for the social trading app SwipeStox in October 2014. Today, the fintech start-up Swipestox GmbH, Frankfurt, employs some 30 tech- and finance enthusiasts and is being lead by Benjamin Bilski and her co-founder Wladimir Huber. Within its first 5 weeks after launch the app SwipeStox achieved 150.000 downloads and some 50.000 user registrations. ______________________________
View source version on businesswire.com: http://www.businesswire.com/news/home/20160725006182/en/
For SwipeStox
Tobias Drewling
Head of Communication
E: tobias@thenagagroup.com
M: +49 172 45 122 45