The Australian licensed broker, Go markets, and FCA regulated Vantage Fx have strengthened their alliance with the conclusion of a merger between the two reputable brokers.
GO markets will become the brand name under the new terms. Vantage FX will therefore modify its website and logo to cater for the changes in the business structure. Clients were notified of the merger between GO Markets and Vantage FX through a note, expected to commence in March, stating that:
“We are delighted to inform you that Vantage FX UK has joined forces with the Australian broker GO Markets.” “We will be changing our company name from Vantage FX UK to GO Markets UK and launching a brand new website. We will continue to operate as the same legal entity with the same FCA license
The merger between GO Markets and Vantage FX comes as no real surprise, considering the close relationship between these firms. Vantage FX and GO Markets used to be under the same conglomerate. In 2013, in a bid for expansion and independence, GO markets was demerged. This strategy seems to have worked as the Forex and CFDs broker has become a popular brand in Australia, and with this deal, inheriting Vantage Fx’s FCA license, looks to dominate the UK market as well.