Forex trading company IronFX, is planning to open a research & development centre in Mumbai, India to develop trading technologies.
IronFX aims to create transformative technologies for forex traders, including withdrawal solutions, mobile trading platforms, and advanced customisation features.
The R&D centre, spanning 12,000 square feet, will be housing over 80 employees in various professional capacities. New and existing staff will collaborate with departments around the world to implement IronFX technologies.
This new location will also provide IronFX with access to recruitment opportunities, thanks to a large pool of highly skilled talent currently available in India.
“The new centre in Mumbai expands our development capacities right where we expect the biggest growth over the next years. The centre will open later this year and bring together our engineering and operations teams to facilitate the creation of advanced technologies and services,” Nicolaos Christoforou, vice president — Research And Development at IronFX, said.
IronFX provides 10 trading platforms and over 200 tradable instruments in forex, spot metals, futures, shares, spot indices, and commodities.
Cyprus based IronFX in 2017 announced that the company had arranged a $100 million investment from a major family office investment outfit based in the Middle East.