The multi-licensed global broker CAPEX.com today revealed its expansion in the Greek market through the acquisition of WiredMarket.com.
Founded in 1991, Greek brokerage WiredMarket.com has provided financial services to its clients for decades.
Octavian Patrascu, CEO and Founder of CAPEX.com said:
We are delighted to announce the acquisition of WiredMarket.com’s book of clients, which is in line with our growth strategy and strengthens our position in the Greek market. We are excited to welcome Wiredmarket.com’s clients to our platform, where they will instantly benefit from a wider range of products and services, from CFDs Trading to Investing in shares, integrated analysis tools, and attractive trading conditions.
CAPEX.com highlighted in the official announcement that the newly announced acquisition will strengthen its position in the market and support its growth and expansion plans in the online fintech industry.
We see consolidation in the market as a positive development, and the current macroeconomic conditions and competitive landscape are favorable for such consolidation. We are currently exploring other opportunities, and this acquisition is just the beginning of our expansion plans.
The company also noted that with the addition of WiredMarket.com’s book of clients, CAPEX.com’s clients will benefit from attractive trading conditions, such as competitive spreads, low fees, and access to advanced trading tools and an educational hub.