Markos Kashiouris, founder of forex and CFDs broker IronFX, has further expanded his presence in the retail trading industry by launching a proprietary trading platform, Ultimate Traders, Finance Magnates reports.
The proprietary trading brand is operated by Ultimate Traders Evaluation Ltd, a UK-based company founded in 2023, in which Kashiouris, as the company's major shareholder, holds a 75% ownership.
However, IronFX's customer service said the broker is not offering proprietary trading services “yet” , adding that the team is working on it and will post the information via the official website as soon as it became available.
IronFX is not the first forex broker put the eyes proprietary trading. OANDA, IC Markets and ThinkMarkets and other well-known trading service providers have launched their own proprietary trading brand.