ATFX Executive Interview – Africa, Regional Expansion in Focus

The Finance Magnates Africa Summit (FMAS:24) drew the biggest brands, speakers, and specialists to Sandton City, South Africa. This included ATFX’s star-studded executive team, who conducted an exclusive interview on-site with FM’s Andrea Batiola Mateos, Chief Commercial Officer, who touched on the company’s presence in Africa and the local retail market.

ATFX attended FMAS:24 as a notable sponsor, with key members of its team in attendance participating in the interview – Joe Li, Chairman of ATFX, Wei Qiang Zhang, Managing Director of ATFX UK, and Hormoz A. Faryar, Managing Director of Institutional Sales, ATFX MENA.

Africa in Focus at FMAS:24

There was a lot of hype building up to the event surrounding Africa, and for obvious reasons. The retail trading scene on the continent is full of potential, fueled by favorable demographics, talent, and an infusion of IBs, service providers, and others flocking to a developing market. The full-length interview can be viewed below:

This stance was echoed my Mr. Li who noted the prevalence of young people who were eager to trade and begin their trading journey. He noted the importance of regulation, as well as ATFX’s emphasis on securing key licenses and quality service in Africa.

Additionally, education was a hot topic throughout the event, as indicative of the sizable attendance of retail traders at the Trader Zone over two days. Mr. Li stressed the efficacy of education for newer traders, as well as ATFX’s commitment to providing these resources to its clients.

Mr. Li also mentioned the group’s institutional liquidity offering, ATFX Connect and as it fits in the broader industry. This was particularly relevant for its existing and new clients in South Africa, having built up its operations and is already looking to expand locally.