Axi announced a partnership to sponsor Brazilian football club Esporte Clube Bahia to target its football fan base.

AXI

Axi forex broker has been growing for over 17 years, with nine regulatory licenses in four countries and advanced platforms and tools. As its consistency with more communities, the forex and CFD broker is strengthening its support for the sports sector by extending its partnership contract with Brazilian football club Esporte Clube Bahia.

It has been reported in other forex broker news that in May 2023, Axi forex broker first signed an agreement as the Official Online Trading Partner of the Brazilian football club.

Under the terms of the agreement, the MT4 broker/span> will receive several benefits, including brand promotion across several clubs' physical and digital infrastructure. However, both parties did not disclose the financial details of the deal.

Axi Head of Brand and Sponsorship Hanah Hill commented, "We are very excited about this update. When we started this collaboration in 2023, we had no idea how receptive Bahia fans would be. We are currently focusing on continuing to bring the worlds of commerce and football closer together."

In addition, the broker revealed that sponsoring Bahia was a strategic business and marketing decision considering its immense popularity among Brazilian football fans. The club also has a comprehensive reach on social media, with 1.5 million followers on Instagram and 1.6 million followers on Twitter.