Global trading brokerage INFINOX has experienced a significant surge in new accounts created, with over 215% growth year-on-year during 2022. The growth was driven by INFINOX's streamlined approach to client onboarding, making it easier for clients to open, verify, and trade with their account.
NASSAU, Bahamas, March 2, 2023 /PRNewswire-PRWeb/ -- Global trading brokerage INFINOX witnessed a surge of over 215% in new accounts created year-on-year during 2022. The growth comes on the heels of tailwinds in its business across LATAM, Asia, MENA, Africa and Southeast Asia.
The growth in users was largely driven by the company's streamlined approach to client onboarding, making it easier for clients to open, verify and trade with their account.
The company also saw upswings in total first time deposits, led by Latin America (where FTDs grew by over 200%) and Asia (112%).
Further, INFINOX saw a steep increase in total downloads for its social copy trading app IX Social, during 2022. The app, which allows users to follow different strategy providers and copy their exact trades, grew by over 120% in downloads during the year, boosting total accounts created. Asia was a leading region by IX Social downloads, seeing a growth of 237%.
Going forward, INFINOX aims to double down on the traction it is seeing, namely in the Asian and LATAM markets.
"Throughout the year 2022, we worked consistently towards providing our clients with an experience that surpassed market standard. This meant a laser-sharp focus on innovation and customer service," INFINOX founder and CEO Robert Berkeley said. "The numbers from 2023 reflect our success in these domains. We are now looking to build on these advances as we focus on a more regionalised strategy for the year ahead."
The company's proprietary IX One trading platform, released in January this year, is also a business focus. IX One is one of the very few multi-asset trading platforms available in the market that provides clients with an all-in-one trading experience.
In addition to an integrated deposits and withdrawals, multiple charting options, a range of technical tools and customer support, clients can also access live and pre-market insights, self-analyse their trading history and performance, and customise their trading dashboard with over 40 widgets, all on IX One.
"IX One is an end-to-end destination for the complete trading experience," explained Adam Saward, Executive Manager at INFINOX. "The platform packs in trading execution with cutting-edge tools and functionalities, so that traders never have to leave the platform – everything they need is on IX One. It's an exciting next step for INFINOX, and we're looking forward to building on this progress throughout the year."
Media Contact
Sam Chaney, Head of Sales at INFINOX, IX Capital Group Limited, 0-800-060-8744, [email protected]
SOURCE INFINOX
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