CySEC-licensed T1Markets, a forex and CFDs broker, announced on Monday that it has signed a sponsorship deal with the Argentine Football Association (AFA), which will allow it to promote with the national football team of the country.
Under the signed agreements, T1Markets has become the new Digital Sponsor for the Argentine national football teams.
The partnership came after the countrys football team held the Copa América cup recently. The broker is one of the many partnerships of the AFA as it is getting new sponsors in different categories and regions.
“We are very pleased to announce this new agreement in the Fintech industry,” said AFA President Claudio Tapia.
“We will certainly develop a strategic and very productive alliance for both parties, which will definitely be enhanced by the success of our National Team in the last Copa América, which consolidates years of work and poses an even greater challenge for the upcoming 2022 World Cup.”
Brokers Want Endorsement by Sports Teams
Sports sponsorships are very much sought in the trading industry as it helps significantly in brand recognition. Recently, many other brokers have entered into high-profile sports deals: let it be ThinkMarkets sponsoring Liverpool FC or eToro backing dozens of regional teams.
Regulated in Cyprus, T1Markets has a global presence and offers CFDs in several markets including forex, cryptocurrencies, indices, stocks and commodities.
“There is a lot of talent in the soccer world, but what makes Argentina stand out is its commitment to moving forward and building its path to success. We believe that this success is the result of shared values: being professional, performing at our best and always seeking to improve,” Michael Andrew Paul, Executive Director at T1Markets, said.
“T1Markets embodies these values by adding more and more capabilities to its already thriving online trading platform, aiming to help its traders reach new trading heights.”