Finance MagnatesTechnology

Exclusive: FxPro Sells EU Clients to Capital.com as a “Strategic Optimisation, Not a Retreat”

By Arnab Shome

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Source excerpt · Finance Magnates

FxPro has agreed to sell its client book under its Cyprus entity to Capital.com, Finance Magnates has learned exclusively. Peter Aust, Chief Operating Officer of FxPro, termed the move “a strategic step to further align [the broker’s] operations with our long-term growth ambitions” and stressed that the Cyprus business is “not a significant part of the Group.” London's trading industry is coming h…