The brokerage has recently signed a two-year sponsorship deal with Cardiff City FC.
The online Forex and CFDs trading platform, Samtrade FX, is sponsoring an English football club Wolverhampton Wanderers FC, or popularly known as Wolves, for an upcoming 2020-21 season.
It was announced on Thursday that the brokerage had become the club’s official Forex and online trading partner.
In accordance with the partnership between the two, Samtrade FX’s branding and logo will be featured on the club’s press conference backdrop, LED boards, and also on the club’s official app.
Russell Jones, Wolves general manager for marketing and commercial growth said in a statement that their ethos was centered on partnering with ambitious companies that shared their vision of global growth. He also added that theirs is an award-winning FX company with a significant market share in Malaysia, Indonesia, Vietnam, Thailand, and China.
“In return, Samtrade FX will utilize the club’s digital assets to expand its reach into Europe.”
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Established in 2015, Samtrade FX offers trading services on the MetaTrader 4 platform. The brokerage has recently gained licenses from the regulators in the United Kingdom and Australia, as it is eyeing for the expansion of its operations.
In addition to the Wolves partnership, the brokerage has also signed a two-year sponsorship deal with Cardiff City FC, another English football club.
While Cardiff will play in England’s second-tier football league, the team Wolves has finished seventh in the 2019-20 English Premier League season. It will continue playing at the top of the league.
Sam Goh, founder and CEO at Samtrade FX also said that following their recent sponsorship of Cardiff City, they are delighted to sponsor a prominent Premier League team of Wolves. This partnership with the Wolves will further solidify their global growth strategy, particularly in terms of growing visibility with Europe.
Sam Goh also added that they are optimistic that this deal will enable them to reach greater heights in their respective fields and look forward to a fruitful partnership and journey together.