Trade Capital Markets Acquires Spanish CFDs broker Activotrade

Fazzaco learned that Trade Capital Markets (TCM), a CySEC-licensed company which operates the Trade.com retail online trading brand, has acquired Activotrade, a popular FX and CFDs broker focusing on the Spanish market.

Ranked amongst the largest brokerage platforms in Spain, ActivoTrade offers trading services with stocks, futures, options, CFDs and other derivatives to investors in the Spanish, European and American markets. Since its establishment in 2009, the total trading volume the online broker handled has surpassed €100 billion.

As the flagship platform under Trade Capital, Trade.com has obtained the necessary licenses from regulatory bodies of multiple jurisdictions, including CySEC (Cyprus), FCA (UK) and FSCA (South Africa), to legally provide financial services in different countries and regions. Following the acquisition, the brokerage firm will boast an enhanced capability to further expand its presence into Europe with the support of a Spain-regulated entity.