A significant expansion has occurred for a Poland-based retail Forex and CFDs broker, which has recently secured a securities agent license in Chile. This achievement marks a pivotal step in extending its reach within the Latin American market.
The license, granted by the Chilean Commission for the Financial Market (CMF), enhances the company’s presence in a region that holds vast opportunities for brokerage services. With this new authorization, the broker will be able to offer clients a range of investment options, including international stocks, exchange-traded funds (ETFs), and derivatives.
In light of this development, the CEO of the company expressed enthusiasm about the potential within the Latin American retail brokerage market, highlighting Chile as a central player in the broader global growth strategy. There is an expectation of welcoming a substantial number of new clients under the newly acquired license, which is anticipated to be significant for improving the broker’s competitive positioning in the region.
Plans are already in motion to facilitate operational and technological enhancements to ensure the incorporation of Chilean clients by the mid-year mark. Local investors are set to benefit from an intuitive mobile application that promises straightforward and efficient investment tools designed to help them maximize their financial efforts.
The push into Latin America isn’t a one-off venture; the company aims to extend its activities further into the region throughout 2025, with ongoing efforts to secure necessary licenses in Brazil as well.
Founded in 2004 in Poland, this global fintech entity has made a name for itself by offering individual investors immediate access to a variety of financial markets via an innovative online investment platform and mobile app. It currently supports over 1.36 million clients worldwide in their quest to fulfill investment goals.