Ahmed Negm Joins FBS to Head Research in Egypt Office

FX and CFDs broker, FBS has strengthened its team in the Middle East by on-boarded Ahmed Negm as the Head of Research Department in its office in Egypt.

Negm already joined the brokerage earlier this month, according to his Linkedin profile.

He is a trading industry insider, having spent all of his decade-long career with various brokers. Also, he knows the Middle Eastern market very well due to his previous postings exclusively in the region.

“I have a lot of experience in Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term ( FX ) sales in Egypt and the Gulf area and it is my pleasure to work at big companies in Egypt or UAE that helped me to be professional and systematic in our field Forex,” he stated on his Linkedin profile.

Extensive FX Industry Experience

Negm joined FBS from Orbex, where he spent almost three years as the Head of the research department. Before that, he was a Forex Trainer and a Technical Analyst at One Financial Market for a good period of time, coming to almost three and a half years.

He started his career in the FX industry with Falcon Brokers in March 2012. There, he joined as an FX trainer and handled the broker’s new clients, teaching them about the platform and FX markets, thus maintaining business relationships.

Additionally, he spent a couple of years at the Cairo office of the Admiral Markets Group (recently rebranded to Admirals) in similar roles. He was one of the early employees of the Estonian broker's new Egyptian branch and actively helped in establishing the local business. Moreover, he had a stint for a few months at EARNEX DMCC as well as being an FX Account Manager, where he mostly handled VIP clients of the broker.

Negm joined FBS when the broker was aggressively pushing for international expansion. FBS launched licensed Australian operations earlier this year and has also expanded its services with copy trading features. Recently, the broker signed a three-year sponsorship deal with the English football club, Leicester City FC.