“I saw an opportunity to become a leading online trading platform in Latin America.”
- Financial Services
- Year selected
- Erwin Andia, Cristóbal Forno, Andrés Rojas
Wind back the clock to 2005, and in Chile, you will find that only a select few—roughly 10%, individuals and companies both—know anything of financial markets or currency hedging. Founded in 2006, ForexChile is edu-cating the masses and democratizing financial markets access. ForexChile gained traction by ignoring the big multinationals courted by brick-and-mortar brokerages and instead opening up its platform to individual investors with a minimum US$2,000 deposit. Already the clear frontrunner in Chile’s online trading industry, ForexChile plans to protect its market leadership domestically and expand aggressively throughout Latin America.
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