Finance Magnates spoke with Marios Christodoulou, a Business Development Manager at XM for his in-depth understanding and insights on Africa and the company’s goals in the region ahead of FMAS:24.
Are you excited for FMAS:24 and how do you feel your company can directly benefit from attending an event such as this in Africa?
Events like FMAS:24 provide a platform for networking with industry leaders, potential partners, and clients. This can lead to valuable collaborations and business opportunities. It's also an opportunity for Market Expansion, Brand Visibility and knowledge sharing.
FMAS is returning to Sandton City for its second year. What are you hoping to see or get out of this year’s event?
We hope to reconnect with individuals we met during the previous year's event, strengthening existing relationships and exploring new potential collaborations or partnerships. We will also be able to showcase the progress that was made compared to last year in terms of products and services.
Many brokers and brands have made the move to Africa amid the continent’s hype, size, and overall potential. Does this perspective align with your company’s goals in 2024 or beyond and is this excitement warranted?
It's essential to recognize that entering new markets, including Africa, requires careful planning, understanding of local dynamics, and commitment to building relationships and trust over the long term.
While the excitement about Africa's potential may be warranted, we must approach expansion into the continent with diligence and a clear strategy for success.
FMAS:24 will be drawing the biggest brands as well as regional and local providers across multiple industries. How does your company plan to stand out in the crowd this year?
We will host expert presentations and workshops on relevant topics in the financial industry. These sessions can showcase our company's expertise and provide valuable insights to attendees.
We will highlight the wide range of tradable assets, including forex, commodities, indices, cryptocurrencies, and stocks, limited to CFD’s only. Emphasize the depth and diversity of XM.COM's offerings compared to competitors along with our exceptional customer support, bonus offerings and promotions, as well as our unmatched educational material.
The retail industry continues to see sweeping changes, necessitating different strategies to chart a course forward. Given this uncertainty, how is your company built to navigate any industry headwinds in 2024 or what techniques do you feel are the most important looking ahead?
We strongly believe that the Retail Industry requires adaptability, agility and forward-thinking ability. With Diversification of product offering, regulatory compliance, advanced client education and support as well as technological education, we can navigate any headwinds in 2024 and remain a Global Leader in the industry.
Marios Christodoulou joined the XM Group as a Business Development Officer in 2016, contributing significantly to the company's growth and success. In 2021, he was appointed as Business Development Manager, overseeing the Company’s operations in Africa. With his extensive expertise in the financial markets, Marios plays a crucial role in shaping the XM Group strategies and offerings, contributing to the company's reputation as a leader in the industry.
About XM – Who is XM (xmza.com)
XM
The XM Group is an internationally established trading and investment group, with over 10 million clients, from over 190 countries. Armed with multiple international licenses, the XM Group offers competitive services for retail traders, investors, and affiliates.
Since 2009, the XM Group has proven to be fair, trustworthy, and dependable. Traders can access over 1,000 instruments on more than 10 platforms, including the XM app. The award-winning broker is known for low-cost accounts, exciting promotions, excellent support, and outstanding live education.
XMZA (Pty) Ltd is authorised by the Financial Sector Conduct Authority (FSCA) in South Africa as a Financial Service Provider (FSP) with authorisation number 49976. XM Global Limited is authorised and regulated by the Financial Services Commission (FSC) with license number 000261/397.
