- RoboMarkets will discontinue FX and CFD offerings by 2025, focusing on stocks, bonds, and ETFs for retail clients.
- RoboMarkets Ltd in Cyprus will transition to serve institutional clients, while RoboMarkets Deutschland GmbH focuses on European retail operations.
RoboMarkets, a well-known Forex and CFD broker, has announced significant changes to its European business model, set to be fully implemented by the end of 2024.
The company will focus on serving stock investors and traders in the European market, discontinuing its offerings of high-risk instruments like FX and CFDs.
RoboMarkets Deutschland GmbH, based in Frankfurt and regulated by BaFin, will become the key hub for European retail clients, focusing on stocks, bonds, and ETFs.
Meanwhile, the Cyprus-based RoboMarkets Ltd will shift to serving institutional clients only, no longer catering to retail clients from early 2025. This change is aimed at refining RoboMarkets’ products and services for retail and institutional clients.
