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Clients of FXCM will have access to new a new Social Trading App by Fintech business, Swipestox at the beginning of next month.

Through this partnership, FXCM clients will be able to take part in SwipeStox social trading network using their existing account data. FXCM clients will have access to major forex crosses, indices and commodities through the app. Inexperienced traders will be able to take part in copy trading while established traders have an opportunity to build additional income by attracting followers. In addition, SwipeStox clients will be able to open accounts with FXCM to execute their trades via the 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 Broker to join the SwipeStox network.

Benjamin Bilski, CEO of SwipeStox commented “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.”

The Armchair Trader understands this new service will be available for FXCM clients from August, 1st.

About SwipeStox 

SwipeStox is a Fintech business based in Frankfurt providing technology solutions for brokerages enabling clients to access their growing social trading community. SwipeStox is growing its number of partnerships with leading brokers worldwide, connecting an increasing number of traders from around the globe. There are thousands of trades taking place every hour across an expanding range of trading instruments. The app boasts over 150.000 downloads and 50.000 user registrations.

 

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Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Michael Morton

Michael Morton

Michael has worked within the Financial Industry for more than 20 years. Starting out as a financial analyst, he has extensive experience working with fund management groups and brokerages.

With an interest in Stocks and Shares, Funds, ETFs and Commodities, his investment focus is medium to long term gains, with the objective of financial security on retirement, and building wealth for his young children for their adult life. His broker of choice is Hargreaves Lansdown.

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