US based forex broker FXCM is partnering with GVC Gaesco, a Spanish financial group that has over 24,000 clients and 2.4 billion euros under management.
The partnership includes white-labeling of FXCM’s Trading Station and MT4 to both retail forex traders and CFD clients. FXCM recently announced a partnership with Barclays Stockbrokers. More details about the partnership are below, from the official press release:
New York and Barcelona – November 6, 2012 – FXCM Inc. (NYSE:FXCM) and GVC Gaesco today announced a partnership between the two companies as GVC Gaesco will white label FXCM’s retail flagship platform, the FXCM Trading Station for retail FX and CFD products throughout its nineteen offices in Spain. Additionally, clients of GVC Gaesco can opt to sign up and use the popular MT4 platform through FXCM.
GVC Gaesco, founded in 1948, with approximately € 2,4 billion in assets and more than 24,000 clients has chosen to partner with FXCM, a world leader in retail FX trading, trough www.estubroker.com “because they offer what we believe to be the best total package out there for our clients,†said Maria Àngels Vallvé, President at GVC Gaesco. “With FXCM’s no dealing desk forex execution model, we feel that our customers will be treated fairly and want to be working with a company that is transparent on multiple levels.â€
“The partnership will expand FXCM’s footprint into Spain, and will allow traders in the region to experience the many benefits of trading with FXCM,†said Brandon Mulvihill, Managing Director, European Sales for FXCM. “From the No Dealing Desk forex execution, the award winning trading station technology, free charts, signals and abundance of free education, we believe the GVC Gaesco clients will be very happy with the new offering.â€
The GVC Gaesco / FXCM white label launched on October 20. To learn more about the offering please visit www.estubroker.com
