The move follows the renaming of the UK subsidiary of IronFX to 8SAFE, a matter which was already reported on by Finance Magnates in November.
According to the Cyprus Department of Registrar of Companies, IronFX Global Limited, which is the Cypriot entity governed by Directors Neoclis Nikolaou, Dimitris Kyriakou, Markos Andreas Kashiouris and Petros Economides, is continuing its work to rebrand.
The reputation of the brokerage has been tarnished in recent months after the company suspended withdrawals for a number of its clients and claimed that some of its customers had violated its terms and conditions.
To this day, clients of the company are still awaiting their withdrawals, while the firm is continuing to withhold said withdrawals.IronFX reached a settlement with CySEC in November, however the issues of clients have not been attended to by the regulator’s decision.
The Cyprus Ombudsman service is the next regulatory body which is set to announce its decision in relation to IronFX in the coming weeks.
Aside from the efforts that the company is committing to re-brand by purchasing the aforementioned names, the company has made sure that it is protected.
According to information in the global trademarks database Markify, IRONFX GLOBAL LIMITED owns 6 trademarks which are already registered or pending registration in the European Union trademark database. These include the aforementioned FXGiants, OptionTitans, FXWin and FXOptim brands as well as 8SAFE and IronMarkets.
News source: Financial Magnates