In terms of trading volumes, Japanese brokers lead the global online retail Forex market. Therefore, the exponential growth of cryptocurrency market has naturally got their attention. In order to capitalize on the growing demand for crytocurrency trading facilities, Z.com Trade, the global brand of the Japanese Forex giant GMO Group, has partnered with Finatext UK to launch a new Forex and cryptocurrency mobile trading application named “Pipster”. Both Android and iOS version of the app is planned to be released in the coming months.
The team behind Pipster aims to offer a simple, but smarter trading platform that caters to the new generation of cryptocurrency and Forex traders. The platform will offer indicators for technical analysis, schedule of major economic events, general news and social sentiment.
Furthermore, the app will encourage the creation of communities, while providing learning materials such as interactive quizzes, videos, and images created to teach the basics of trading and clear doubts in a methodical way.
Rob Brockington, CEO of Finatext UK said
“With Z.com Trade’s capacity to provide the best trading technology for retail FX traders, the Pipster app will be able to provide a simplified and smarter trading experience that we believe is essential to engage a new generation of traders.”
Z.com is a member of the GMO Internet Group. GMO CLICK Securities Inc., another subsidiary of GMO Internet Group, is considered as one the world’s largest online retail forex providers by trading volume. The group also provides a range of internet services including domains and hosting. The group has offices in Hong Kong, London, Bangkok, and Tokyo. It offers FX, CFD and securities trading services worldwide. Z.com also runs a cryptocurrency mining business.
About Finatext UK
It is the British subsidiary of Tokyo-based Finatext Ltd., specializing in custom data services, financial education apps, and ‘Brokerage-as-a-Service” solutions. Finatext UK is regulated by the FCA (Financial Conduct Authority) under registration number 806585.
Commenting on the partnership, Masahiro Funada, CEO of Z.com Trade said, “I believe that this collaborative initiative, with a reputable fintech firm such as Finatext, is a stepping stone that will enable us to extend our trading services to a wider audience.”