The forex and CFDs broker Scope Markets has made a redesign of its brand by launching a new logo, according to an announcement made through its official Twitter profile. The company is known for being a sleeve sponsor of the UK football team West Ham United, and the new logo is launched amidst the context of the Europe League’s warming up. “It’s here, new branding, new image, new Scope!” the broker noted in a tweet, accompanied by several hashtags with forex and trading thematic. Although the management hinted at the logo in previous press briefings, it was made public on July 15. Forex Brokers and Sports Sponsorship “Retail brokers are following in the footsteps of betting websites in the sponsorship of football teams, as they hope that exposure to fans will help grow their customer base and new generate new active traders,” a spokesperson from Safe Betting Sites UK said about the new trend in the retail forex broker industry regarding new marketing techniques. The maneuver comes after several forex brokers have been showing an increasing interest in sponsoring the sports industry, not only limited to football. Forex retail brokers such as eToro had arranged a multi-deal partnership with a Romanian football club, CFR 1907 Cluj, whose agreement includes adding the broker’s logo on the team’s shirts. It implies that an FX company will have its brand into one of the oldest football clubs in Romania which currently competes in the Liga I. Moreover, other leading football clubs like AS Monaco and Atlético Madrid had, in the past, signed deals with retail forex and CFDs brokers. There are other sports that the forex industry has targeted in their marketing strategies such as racing sports, rugby, cricket, among others. Also, crypto exchanges are steadily joining the sponsorship bandwagon, even making their inception into combat sports like mixed martial arts (MMA). Looking to trade forex now? Invest at eToro! Trade Forex Now! 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Felipe Erazo Felipe Erazo Felipe earned a degree in journalism at the University of Chile with the highest honor in the overall ranking, and he also holds a Bachelor of Arts in Social Communication. He has been working as a freelance writer and forex/crypto analyst, with experience gained at several forex broker firms and forex/crypto-related media outlets around the world, such as FXStreet. He has been involved in the world of online forex trading since 2010, and in the crypto sphere since 2015. Moreover, Felipe has worked as a journalist and editor for several media outlets across Latin America, collaborating with radio stations from his home country, Colombia, Chile, and the United States. View All Post By Felipe Erazo Forex Industry share Read Next USD/CAD Price Posts Fresh Highs Above 1.26 Ahead of US Retail Sales Olimpiu Tuns 10 months The forex and CFDs broker Scope Markets has made a redesign of its brand by launching a new logo, according to an announcement made through its official Twitter profile. The company is known for being a sleeve sponsor of the UK football team West Ham United, and the new logo is launched amidst the context of the Europe League's warming up. "It's here, new branding, new image, new Scope!" the broker noted in a tweet, accompanied by several hashtags with forex and trading thematic. Although the management hinted at the logo in previous press briefings, it was made public on… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.