XS.com has tapped fintech provider Brokeree to deliver an enhanced copy trading experience to its global client base.
The CFD broker’s newly deployed Copy Trading platform allows traders to replicate the strategies of experienced and top-performing market participants in real-time.
The trade copier is especially beneficial for clients seeking to diversify their portfolios or those new to the trading landscape, as it provides an opportunity to learn from and benefit from the expertise of seasoned traders.
“Mirror the trades of experienced professionals”
Wael Hammad, Chief Commercial Officer (CCO) at XS.com, commented: “In the highly competitive world of financial trading, staying ahead requires more than just access to markets; it demands continuous innovation and a deep understanding of our clients’ needs. Our partnership with Brokeree Solutions to offer Copy Trading reflects our desire to democratize access to professional-grade trading tools. By providing a solution that allows clients to mirror the trades of experienced professionals, we are helping to create a more inclusive, educational, and potentially more profitable environment for all.”
Copy Trading is particularly beneficial for novice traders, allowing them to connect with peers and replicate the investment strategies of successful traders.
Expert traders can use the platform to expand their follower base. By sharing trading tips and strategies, they can become mentors or influencers in the industry, monetizing their expertise.
XS.com’s Copy Trading service will include real-time tracking and performance analytics, enabling users to monitor their portfolios and adjust strategies as needed.
The service offers access to top-performing traders while allowing clients to maintain full control over their investments with customizable risk management settings. This flexibility lets users tailor the system to their financial goals, providing a personalized experience that matches their risk tolerance and preferences.
XS.com opened South Africa FSCA-regulated entity
XS.com recently established “XS ZA,” a licensed Financial Service Provider entity in South Africa, under license number 53199. Operating as XS ZA (Pty) Ltd, the company is now authorized to offer a diverse range of asset classes, including FX and CFDs products, to both retail and professional clients not only in South Africa but also across other African nations.
Earlier in July, XS.com strengthened its South Africa’s operations with the appointment of Mabyanine Phiri as their new marketing manager. Phiri brings with him a long experience and a diverse skill set that is expected to contribute to the company’s marketing efforts and overall success. Having worked in the country’s financial industry since 2013, he has expertise in marketing management, digital strategy, and search engine optimization (SEO).
XS Group is a multinational fintech and financial services provider with entities authorized in various jurisdictions around the globe. Founded in 2020, XS.com was originally founded in Australia before relocating its headquarters to Cyprus. The broker is authorized in Seychelles while its institutional arm, XS Prime Ltd, is regulated by the Australian Securities and Investments Commission (ASIC).
XS.com enhanced trading education in MENA region
XS.com recently partnered with Ektifa Academy to empower aspiring online traders in Kuwait and in the MENA region overall.Ektifa Academy is an educational institution based in Kuwait, dedicated to training and empowering students interested in online trading. The Academy aims to equip students and traders with the necessary information and skills through training courses, webinars, and various other activities. Ektifa Academy offers a comprehensive range of services to both new and seasoned traders, including educational courses, accredited certificates, in-depth analyses, and crucial market news.
The announcement was made during the grand opening ceremony of Ektifa Academy’s new office in Kuwait City, held at the prestigious Grand Hotel Kuwait and sponsored by XS.com. The event attracted a host of prominent figures from the financial markets across Kuwait, Saudi Arabia, the United Arab Emirates, and other countries, highlighting the regional significance of this partnership.
