In the Forex market, the first working week of 2023 is undoubtedly one of the more interesting weeks in the field of retail Forex and CFD brokerage, with some Forex trading platforms changing their names, some Forex trading platforms becoming sponsors of famous football clubs, and some Forex trading platforms formerly competitors and now partners. So what are the forex trading platforms? Tianye Jun take you to understand. The specific news is as follows:

1. GKFX changed its name to Trive and hired Dennis Austinat, head of eToro, as managing director of the DACH region

Trive has hired Dennis Austinat, eToro's longtime head of Germany, Switzerland and Austria, as its new managing director for the company and the entire DACH region. Mr. Austinat will lead the expansion of Trive's business in the Frankfurt area.

Back in October 2022, Turkey-based Global Kapital Group underwent a restructuring that included the transfer of ownership of its retail (GKFX) and institutional (GKPro) brokerage businesses to Amsterdam-based Trive, Kasim Garipoglu, the controlling shareholder of Global Kapitall, has an interest in the company.

Since then, GKFX has changed its name to Trive, and its website has changed from GKFX.com/GKFX.eu to Trive.com. The company's FCA-licensed B2B institutional division, GKPro, has been renamed TrivePro and its website url has now been changed to trivepro.co. The entity in the uk was renamed Trive Financial Services uk Limited.

The move is part of Trive's expansion plans, which include the recent opening of two new offices in Frankfurt and Madrid. (Through the foreign exchange Tianye inquiry, the platform's Tianye score is 2.30 points, and the British FCA investment advisory license it holds is "suspected to be a set of licenses", which is risky, and investors are advised to stay away!)

2. Doo Group became a sponsor of Manchester United

English football club Manchester United and online financial trading platform Doo Group have announced a global partnership that will see Doo Group become Manchester United's official online financial trading partner.

United's partnership with Doo Group will involve the promotion of Doo Group and its sub-brands Doo Financial and Doo Prime. Doo Group is currently headquartered in Singapore and has operational centers in Dallas, London, Sydney, Hong Kong, Dubai, Kuala Lumpur and other major cities around the world.

Doo Group Director Ian Howard said: "Manchester United's transformation from a football club to a globally recognised icon, loved and admired around the world, is not because of the sport itself, but because Manchester United represents discipline, consistency and drive. This resonates with Doo Group's corporate culture and brand beliefs.

In addition, Doo Group operates an offshore retail Forex/CFD broker, Doo Prime (based in Vanuatu), which primarily caters to traders in China and Asia Pacific. Doo Clearing Limited, an FCA-licensed entity in the United Kingdom, is controlled by Chinese citizen Chen Junjie. (Through the inquiry of Forex Tianye, the platform's Tianye score is 7.39 points, investors are advised to pay attention to screening, if you encounter money problems can apply for Forex Tianye intervention or legal aid!)

3. LCG added IG Group trading platform

London Capital Group, an online brokerage based in London, has signed a new partnership with IG Group. LCG said that as part of the company's new development, it will work with industry-leading providers so that its customers can get the best products, technologies and pricing from the financial markets.

In mid-December 2022, LCG's ownership was removed and a new management team was hired with plans to revitalize the once-proud brand, led by CEO Dave Worsford and Managing Director Matt Basi. The partnership is also a big win for IG Group, which has been quietly growing its B2B services division to provide technology, liquidity and services to small brokers.

Matt Basi, Managing Director of LGG, said: "IG's online trading platform is backed by proven, industry-leading technology, backed by IG's superior pricing, liquidity and execution. We are excited to add their platform to our existing offering and believe it positions LCG for the next phase of its journey to be significant among brokers and high-value clients." (Through the foreign exchange Tianye inquiry, the platform's Tianye score is 7.09 points, which is a high score, but the background customer complaints have reached 29, suggesting investors pay attention to screening! Beware of harm!)