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HK's Emperor Group Launches Offshore Online FX Trading Platform in Saint Vincent

Source: Fazzaco

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Emperor Group, a Hong Kong based diversified group, has launched a brand new offshore online FX trading platform in Saint Vincent and the Grenadines. Branded as EMXpro, the emerging online financial trading broker operates under Emperor Financial International (EFI), Emperor Group's subsidiary specializing in providing global trading of forex, precious metals, and contract for differences (CFDs).

EFI, as one of the core businesses of Emperor Group, is with years of industry experience, which, along with its powerful R&D technology, enabled the company to build the new safe and efficient online trading platform to further satisfy the needs from clients and partners worldwide.

EMXpro offers diversified global financial instruments, including forex and precious metals. Traders can trade 24/5 with spread as low as 2.5 with 29 currency pairs at a leverage of 100:1 in the platform.

​Emperor Group went into the financial services industry in 1978 with the establishment of its financial services arm Emperor Financial Capital Group. With online trading gaining in popularity, the diversified group now intends to devote more resources to the development and further enhancement of its online trading platform. This will enable the group to provide faster and more stable investment services. 

The reason why the Hong Kong conglomerate chose to set up online FX trading brokerage in Saint Vincent and the Grenadines is not clear, as the country's regulatory body Financial Services Authority (FSA) actually does not supervise and control forex trading services. However, considering the fact that Hong Kong's watchdog Securities & Futures Commission (SFC) always adopts strict rules regarding leveraged forex exchange trading activities, the company may seek to transfer FX brokerage business to an offshore area with more flexible rules to provide its clients with more favorable trading conditions. 

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