RoboMarkets Launches New Account Type for Trading Stocks to Clients From Sweden

RoboMarkets, a multi-asset broker headquartered in Cyprus, announced today the introduction of a new account type, ISK (Investment Savings Account), for clients from Sweden, offering them an opportunity to trade over 3,000 ETFs and real US Stocks. 

ISK ETF trading is only available to professionals, the broker pointed out.

In addition, the company notes that on an ISK account, users don’t have to manually declare their profits and losses in the tax statement because ISK is flat-taxed. Instead, users' capital base for taxation will be pre-printed in their tax statement.

This comes after RoboMarkets losing its Chief Marketing Officer Denis Golomedov​, who has been with company in the role for more than five years since his joining. Denis has moved to a private company as CMO, based on his LinkedIn profile.