Date: November 28, 2023
New Delhi, India – Homegrown CFD trading pioneer FXcape.com, is proud to announce a series of significant achievements and strategic advancements in the Indian financial market as it concludes an extraordinary third quarter in 2023. Established in 2018, FXcape.com, with its roots in New Delhi, has rapidly emerged as a formidable name in the global CFD trading landscape, offering innovative and effective investment solutions tailored for the Indian investor.
Impressive Third-Quarter Performance in 2023
In a landmark third quarter of 2023, FXcape.com celebrated a significant achievement with a 22% profit on client portfolios, amounting to nearly $60 million USD. This success not only underscores FXcape.com’s expertise in offering sophisticated investment strategies but also highlights its role in empowering Indian investors to navigate the complex world of CFD trading effectively.
Deepening Roots in the Indian Market
FXcape.com has strengthened its foothold in India, a testament to its commitment to the Indian financial sector. The company’s journey in the Indian market reached a milestone with a $12 million USD investment from Kotak Mahindra Bank in March 2019, which has since yielded an impressive 87% return on investment. This is a clear indicator of FXcape.com‘s prowess in maximizing investment outcomes.
New Chapter with ICICI Bank
Building on its success, FXcape.com is thrilled to announce a new strategic partnership with ICICI Bank, one of India’s most prominent banking institutions. This partnership, involving a substantial investment of $20 million USD, is set to propel FXcape.com’s managed portfolio to a remarkable $80 million USD, marking a significant step forward in its mission to revolutionize CFD trading in India.
Exclusive Services for Indian Investors
FXcape.com is committed to providing exclusive and personalized services to its clients. In line with this commitment, the company has announced that it will limit new registrations once its portfolio size reaches $100 million USD. This decision underscores FXcape.com’s dedication to maintaining a high standard of service and offering tailored financial solutions to its Indian clientele.
Pursuing Regulatory Excellence
In its pursuit of excellence and compliance, FXcape.com is in the process of obtaining regulation from the Financial Conduct Authority (FCA) in the UK and the Financial Services Authority (FSA) in the Seychelles. This move is geared towards enhancing its commitment to best practices and ensuring a secure trading environment for its Indian investors.
Commitment to Indian Market and Global Excellence
As FXcape.com continues on its upward trajectory, it reaffirms its dedication to the Indian market while maintaining its stature in the global financial arena. The company is driven by a blend of innovation, client-centric strategies, and responsible financial management, all tailored to meet the unique needs and aspirations of Indian investors.
For more information, please contact:
Raj Kundra
Phone: +911171279319
Email: [email protected]
Website: https://www.fxcape.com
About FXcape.com
Originating from New Delhi, India, FXcape.com is a leading online platform for CFD trading. It offers Indian and global clients access to diverse markets such as forex, indices, commodities, and more. With a focus on advanced technology, market-specific research, and customer-focused services, FXcape.com has become a trusted partner for investors seeking to explore the dynamic opportunities of CFD trading.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
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