Forex Trading and Sports Sponsorship – An Ethical Dilemma
Forex Trading and Sports Sponsorship – An Ethical Dilemma: watching the final between Barcelona and Juventus the other day, I remembered an article I read last year about how the brokerage company IronFX agreed to pay nearly 3 Million Euros for a sponsorship deal with FC Barcelona. After doing some research to see who among the most recognized retail FX brokers is sponsoring who in the world of sports at the present moment, I came up with the following results (I don’t claim this to be a complete list): Continues here
- IronFX is still FC Barcelona’s official partner with the worldwide association (except for Spain)
- Exness is sponsoring Infiniti Red Bull Racing’s Formula One team
- IG currently sponsors the English rugby union Harlequins
- SaxoBank is an official business partner of Lotus F1 team and Lotus F1 Team official driver, Romain Grosjean
- Plus500 is sponsoring the Spanish football team Atletico Madrid
- FXPRIMUS is sponsoring the English football team Manchester City
- FxPro is sponsoring the 7th edition of Monte Carlo’s International women’s volleyball competition and Monaco Optimist Team Racing regatta
- Swissquote Bank is the official forex and online financial trading partner of English football team Manchester United