Kohle Capital Markets, which operates a brokerage platform for trading forex and contracts for difference (CFDs) with a license from Mauritius, has changed its brand to KCM Trade. This came as a strategic move as Al Waseet highlighted its ambitions to expand its global presence.
“Our new brand identity is a reflection of our commitment to providing world-class financial services to our clients. We are confident that this rebranding effort will help us better serve our clients, strengthen our market presence, and cement our position as an industry leader,” said the Group CEO. KCM Trade, Ryan Tsui, who joined the broker last May.
The official announcement on Monday detailed that the brokerage firm plans to expand its presence in Southeast Asia. It will open new branches in Vietnam, Indonesia and the Philippines, in addition to its presence in Hong Kong, Thailand, Mauritius and Australia.
The broker will also target retail brokerage clients in the region through seminars, sponsorships, partnerships, and educational channels. It will also increase the number of employees to support expansion efforts.
To become a global broker
KCM Trade came into existence in 2016 when it was just a liquidity provider for institutional brokers and served more than 60 traders with mobility. It expanded its retail brokerage services in 2019 under the Kohle Capital Markets brand. The platform’s offerings include CFD instruments on margin forex, stocks, indices and commodities.
The brokerage is currently operating with a license obtained from the Financial Market Regulatory Authority of Mauritius. They have also held an Australian Financial Services (AFS) license since 2019 but are still required to join clients under this licence.
Meanwhile, KCM Trade has strengthened its presence in the Asia Pacific region with new appointments. Earlier this year, the broker expanded its team in Australia with the appointment of Tim Waterer as Chief Market Analyst and Jason Lau as Regional Director.
Kohle Capital Markets, which operates a brokerage platform for trading forex and contracts for difference (CFDs) with a license from Mauritius, has changed its brand to KCM Trade. This came as a strategic move as Al Waseet highlighted its ambitions to expand its global presence.
“Our new brand identity is a reflection of our commitment to providing world-class financial services to our clients. We are confident that this rebranding effort will help us better serve our clients, strengthen our market presence, and cement our position as an industry leader,” said the Group CEO. KCM Trade, Ryan Tsui, who joined the broker last May.
The official announcement on Monday detailed that the brokerage firm plans to expand its presence in Southeast Asia. It will open new branches in Vietnam, Indonesia and the Philippines, in addition to its presence in Hong Kong, Thailand, Mauritius and Australia.
The broker will also target retail brokerage clients in the region through seminars, sponsorships, partnerships, and educational channels. It will also increase the number of employees to support expansion efforts.
To become a global broker
KCM Trade came into existence in 2016 when it was just a liquidity provider for institutional brokers and served more than 60 traders with mobility. It expanded its retail brokerage services in 2019 under the Kohle Capital Markets brand. The platform’s offerings include CFD instruments on margin forex, stocks, indices and commodities.
The brokerage is currently operating with a license obtained from the Financial Market Regulatory Authority of Mauritius. They have also held an Australian Financial Services (AFS) license since 2019 but are still required to join clients under this licence.
Meanwhile, KCM Trade strengthened its presence in the Asia Pacific region by hiring new employees. Earlier this year, the broker expanded its team in Australia with the appointment of Tim Waterer as Chief Market Analyst and Jason Lau as Regional Director.