Committed to strengthening its scale of expansion in Europe, forex broker Admirals signed a partnership with identity verification service provider Onfido. This collaboration aims to improve client orientation in more than 25 European countries by providing online investment services.

Onfido's technology plays an important role in this partnership as it allows those low spread brokers to increase security, reduce fraud and speed up the process authentication. This technology also authenticates user identity and ensures compliance with various laws and regulations.

Stefanos Mistrellides, Product Manager at Admirals Onboarding, said: "Working with European clients in a legal and safe environment requires a forward-looking and as reliable as Onfido. We want to strengthen Admirals' position as the fintech headquarters for Europe."

On the other hand, Forex broker Admirals also offers access to forex instruments, CFDs, shares and ETFs for 20 years. The company continues to expand its offering worldwide, with headquarters in the UK and branches in Cyprus, Estonia and Australia. Since 2001, this Islamic accounts provider has earned several recognitions and awards for its innovative trading tools.

This Admirals broker news highlights significant improvements to its trading platform and technology adoption to stay ahead. In addition, the company is also developing a trading platform on the website, which was launched in November 2023. The new program allows users to access 7,400 financial products.

In other Admirals broker news, the company has launched Match Prime as a new liquidity provider.