Trinota Markets (Global) Limited, the operator of M4Markets, has acquired partially or fully the operations of Tixee, a forex and contracts for differences (CFD) broker operating in the EU and globally, finance tycoons learned.
As such, Tixee is closing its trading platform and offering existing clients the option to transfer their accounts to M4Markets.
“Pipbull Limited (hereafter “tixee”) has recently entered into a mutually beneficial business agreement with Trinota Markets (Global) Limited (hereafter “M4 Markets”), one of the most promising CFD brokers in the market. fact, you can no longer create an account with Tixee,” noted a customer support email from Tixee.
“In light of this development, Tixee will offer all of its existing customers the option to transfer their accounts to M4Markets. This will ensure continuity of service for Tixee customers and allow them to trade under the best possible trading conditions and without any interruption. ”
According to the Seychelles registered website, Tixee had over 155,000 registered customers in over 115 countries.
However, the details of the agreement are not yet known. It is not clear if M4Markets only purchased the client portfolio of Tixee or if it was a broader acquisition of assets. finance tycoons tried to contact Tixee and M4Markets and will provide updates accordingly.
Seychelles’ financial market regulator has already cleared the deal, as the email states: “This deal has been recognized by the Seychelles Financial Services Authority.”
Email from M4Markets and Tixee
Tixee and M4Markets also operate within the European Union with licenses from the Cyprus Securities and Exchange Commission (CySEC). It is unclear whether the acquisition deal also involved Tixee’s Cypriot operations.
Tixee shutters
As finance tycoons reported earlier, Tixee has already stopped opening new accounts on regulated platforms in Seychelles and Cyprus. Additionally, Todor Georgiev, the former COO of Tixee, recently left the broker to join FXGlobe, another FX/CFD broker. Several other Tixee employees have also parted ways with the company in recent months.
Interestingly, at least two former Tixee employees from its business development team, Huan Van Tran and Donya F., have joined M4Markets. Tran manages M4Markets’ Vietnamese clients, a lucrative demographic of traders, while Donya has taken on the role of Senior Business Development Manager.
Trinota Markets (Global) Limited, the operator of M4Markets, has acquired partially or fully the operations of Tixee, a forex and contracts for differences (CFD) broker operating in the EU and globally, finance tycoons learned.
As such, Tixee is closing its trading platform and offering existing clients the option to transfer their accounts to M4Markets.
“Pipbull Limited (hereafter “tixee”) has recently entered into a mutually beneficial business agreement with Trinota Markets (Global) Limited (hereafter “M4 Markets”), one of the most promising CFD brokers in the market. fact, you can no longer create an account with Tixee,” noted a customer support email from Tixee.
“In light of this development, Tixee will offer all of its existing customers the option to transfer their accounts to M4Markets. This will ensure continuity of service for Tixee customers and allow them to trade under the best possible trading conditions and without any interruption. ”
According to the Seychelles registered website, Tixee had over 155,000 registered customers in over 115 countries.
However, the details of the agreement are not yet known. It is not clear if M4Markets only purchased the client portfolio of Tixee or if it was a broader acquisition of assets. finance tycoons tried to contact Tixee and M4Markets and will provide updates accordingly.
Seychelles’ financial market regulator has already cleared the deal, as the email states: “This deal has been recognized by the Seychelles Financial Services Authority.”
Email from M4Markets and Tixee
Tixee and M4Markets also operate within the European Union with licenses from the Cyprus Securities and Exchange Commission (CySEC). It is unclear whether the acquisition deal also involved Tixee’s Cypriot operations.
Tixee shutters
As finance tycoons reported earlier, Tixee has already stopped opening new accounts on regulated platforms in Seychelles and Cyprus. Additionally, Todor Georgiev, the former COO of Tixee, recently left the broker to join FXGlobe, another FX/CFD broker. Several other Tixee employees have also parted ways with the company in recent months.
Interestingly, at least two former Tixee employees from its business development team, Huan Van Tran and Donya F., have joined M4Markets. Tran manages M4Markets’ Vietnamese clients, a lucrative demographic of traders, while Donya has taken on the role of Senior Business Development Manager.
