Plus500 becomes official sponsor of Australian rugby union team The Brumbies

Plus500 becomes official sponsor of Australian rugby union team The Brumbies

- in All News, Featured News, Forex Brokers

Plus500 (LON:PLUS), one of the major forex and CFD brokers, announced it has become the official sponsor of the Australian professional rugby union team The Brumbies.

Under the sponsorship deal, which is for the 2017/18 season, the logo of Plus500 will feature on the front of the home and away Brumbies jerseys. Additionally, the broker will have a range of branding rights and sponsorship benefits. Under them the team will be officially named as Plus500 Brumbies.

“We are honoured to be partnering with such an esteemed rugby team as the Brumbies, which has established a strong pedigree over the last twenty years. The Brumbies is a natural fit for us as Australia represents one of our key markets, while the team shares a winning mentality and mutual passion for striving for success,” said Asaf Elimelech, Chief Executive Officer of Plus500. “This partnership with a top Australian Super Rugby team that plays in the premier global rugby union club competition, together with our existing partnership with Atletico Madrid in football, extends our strategy of increasing our brand recognition and expanding our customer base globally.”

“We are delighted to welcome Plus500 on board. We are eager to leverage their support of sport around the world and in the process extend the Brumbies already strong global brand. Plus500 is a well-regarded business and we are very pleased to be part of the same team,” commented Simon Chester, General Manager – Commercial of the Brumbies.

The Brumbies is a professional rugby union team based in Australia’s capital Canberra. It is a member of the Australian Rugby Union and competes in the Super Rugby competition. It is the preeminent professional men’s rugby union football competition in the Southern Hemisphere and Japan. The Brumbies have been Super Rugby champions in 2001 and 2004.

Generally, in Australia and New Zealand rugby is more popular than football.

Plus500 offers trading in forex, options, contracts for difference (CFDs), commodities, indices, and exchange-traded funds (ETFs). It operates its own online trading platform for CFDs available in over 31 languages on desktop and Android, Windows and iOS  mobile operating systems. According to Investment Trends report from July 2015,  it is the second largest CFD provider in the UK.

Plus500 is licensed by three other regulators, besides FMA and Israel’s ISA – the Cyprus Securities and Exchange Commission (CySEC), UK’s Financial Conduct Authority (FCA), and the Australian Securities and Investments Commission (ASIC). Recently Plus500 also obtained forex licenses from the Israel Securities Authority and New Zealand’s FMA.

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