FxView Adds Offshore Presence in St Vincent & The Grenadines

Recently acquired Retail FX broker FxView has announced that it has added an offshore arm, establishing an entity in St Vincent & The Grenadines. The south Caribbean island has become a popular destination for offshore FX brokers.

The Cyprus based and CySEC-licensed FxView, acquired earlier this year by Indian-Canadian fintech company Finvasia, has established offshore subsidiary Charlgate SVG LLC which the company said will ensure the expansion of products and services on FxView platforms. It will also allow them to offer regulated forex and CFDs trading services to traders around the globe.

The offshore FxView arm will be managed by Rahul Bansal, AVP Business Management at Fxview who will act as Director of Charlgate SVG LLC. Finvasia was established and is controlled by Punjab/Canada based brothers Sarvjeet Singh Virk and Tajinder Singh Virk.

“We anticipate that many more traders will join our platform where we plan to offer additional products and services like research & analysis, higher leverage, sophisticated trading tools, social trading, MAM / PAMM services, affiliate programs, loyalty reward programs and more,” said Rahul Bansal, Director of Charlgate SVG LLC.

“We have been successfully operating uninterrupted in the trading industry for more than a decade, and one of our missions has always been to grow our regulatory framework,” said Sarvjeet Virk, Managing Director of FINVASIA Group.

“The offshore entity is a key milestone for FxView. This will allow our existing and new clients to take full advantage of our innovative ecosystem ranging from state-of-the-art platforms & tools, lightning-fast execution, excellent trading conditions and stellar customer support,” he further added.

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