CHANGE Company

　　

Change Company: A Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　Change Company, originally established in Singapore in 2016, is a multi-asset brokerage platform that focuses on providing a seamless trading experience for retail investors. Founded by Kristjan Kangro and Gustav Liblik, the company aims to democratize access to financial markets through innovative technology and user-friendly interfaces.

　　

Parent Company/Ownership Structure

　　As of August 2023, Change Company is under the ownership of Andromeda Capital Partners Suisse, which acquired a 51% stake in the company. This acquisition reflects a strategic move to enhance Change's market position and expand its offerings.

　　

Headquarters Location

　　Change Company has its headquarters in Amsterdam, Netherlands, with operational bases in Tallinn, Estonia. This strategic positioning within the EU allows Change to operate under robust regulatory frameworks.

　　

Global Business Scope

　　Change Company operates primarily in the European market but aims to expand its services globally. It offers a range of financial products and services tailored to meet the needs of diverse investors.

　　

Main Regulatory Bodies

　　Change Company is regulated under the Estonian Financial Intelligence Unit (FIU) and the Dutch Authority for the Financial Markets (AFM). These regulatory bodies ensure that Change adheres to strict compliance standards, safeguarding investor interests.

　　Back to top

　　

2. Company History and Development

　　

Key Milestones

• 2016: Change Company is founded in Singapore, focusing on cryptocurrency trading.
• 2017: The company raises $17.5 million through its first crowdfunding round, marking significant early-stage funding.
• 2018: Change relocates its headquarters to Tallinn, Estonia, to leverage favorable regulatory conditions and enhance operational efficiency.
• 2021: The company raises €3.7 million in a crowdfunding round, achieving a valuation of €175 million.
• 2023: Andromeda Capital acquires a majority stake in Change, facilitating further growth and expansion.

　　

Business Expansion Journey

　　Change Company has steadily expanded its service offerings since its inception. Initially focused on cryptocurrency transactions, it has broadened its scope to include various asset classes, catering to a more extensive customer base. The transition to a multi-asset platform has positioned Change as a competitive player in the brokerage industry.

　　

Customer Base Growth

　　Change has experienced significant growth in its customer base, driven by increasing interest in trading and investment options among retail investors. The company has focused on attracting tech-savvy investors looking for innovative trading solutions.

　　

Platform Development History

　　The platform has undergone several iterations to improve user experience, security, and functionality. Change's commitment to technology has enabled it to offer a robust trading platform that supports a variety of trading instruments.

　　

Important Awards or Recognitions Received

　　While specific awards for Change Company are not extensively documented, its rapid growth and innovative approach have garnered attention within the fintech community, contributing to its reputation as a forward-thinking brokerage.

　　Back to top

　　

3. Trading Services Offered

　　

Forex Trading Options

　　Change Company provides a competitive range of forex trading options, offering multiple currency pairs for trading. The platform supports major, minor, and exotic currency pairs, catering to various trading strategies and preferences.

　　

Stock Trading Options

　　Investors can trade a diverse array of stocks listed on various exchanges. Change Company allows clients to access both local and international stock markets, enhancing investment opportunities.

　　

CFD Trading Products

　　Change also offers Contracts for Difference (CFDs) on numerous assets, including stocks, indices, and commodities. This allows traders to speculate on price movements without owning the underlying asset.

　　

Other Financial Instruments

　　Change Company has expanded its offerings to include cryptocurrencies, commodities, and ETFs. This diversification enables investors to build well-rounded portfolios and access various market opportunities.

　　

Special Services or Unique Advantages

　　One of the unique advantages of Change Company is its focus on user experience, offering a streamlined platform that integrates various trading instruments. Additionally, the company provides educational resources to help investors make informed decisions.

　　Back to top

　　

4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　Change Company operates under the supervision of several regulatory bodies:

• Estonian Financial Intelligence Unit (FIU)
• Dutch Authority for the Financial Markets (AFM)

　　These regulators ensure that Change adheres to strict compliance standards, providing a secure trading environment for clients.

　　

Legal Entity Structure by Region

　　Change Company is structured as a multi-asset brokerage with legal entities registered in Estonia and the Netherlands. This structure allows it to operate within the EU, benefiting from the regulatory framework that protects investors.

　　

Client Fund Protection Measures

　　Change Company implements various measures to protect client funds, including segregating client accounts from operational funds. This ensures that clients' investments are safeguarded in compliance with regulatory requirements.

　　

Countries/Regions Served

　　Change Company primarily serves clients within the European Union but aims to expand its services to other regions as it grows. The company is focused on providing access to a global trading environment.

　　

Compliance History

　　Change Company has maintained a strong compliance history, adhering to the regulations set forth by its governing bodies. The focus on compliance not only protects investors but also enhances the company's credibility in the market.

　　Back to top

　　

5. Competitive Landscape

　　

3-5 Main Competitors

　　Change Company faces competition from several established brokerage firms, including:

• eToro: Known for its social trading platform and extensive range of assets.
• IG Group: A well-established player in the CFD market with a broad product offering.
• Revolut: A fintech company that has expanded into brokerage services, appealing to tech-savvy investors.
• Robinhood: A popular choice among retail investors for commission-free trading.

　　

Positioning in the Industry

　　Change Company positions itself as a user-friendly brokerage that leverages technology to enhance the trading experience. Its focus on providing a multi-asset platform allows it to cater to a diverse investor base.

　　

Market Differentiation Factors

　　Change differentiates itself through its commitment to innovation, user experience, and educational resources. The platform's ability to offer a wide range of trading instruments, combined with a focus on customer support, sets it apart from competitors.

　　Back to top

　　

Conclusion

　　Change Company has established itself as a significant player in the brokerage industry, offering a diverse range of trading services while adhering to stringent regulatory standards. With a strong focus on technology and customer experience, it is well-positioned to continue its growth in the competitive landscape of online trading. Investors looking for a comprehensive and user-friendly brokerage experience may find Change Company to be a suitable option for their trading needs.

　　Learn more about Change Company and its offerings.