AvaTrade Taps Alfonso Franco as Marketing Director of Spain

Multi-regulated 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 broker AvaTrade has named Alfonso Franco as its newest Marketing Director for its Spanish operation, effective from September 2016.

With an extensive background in Spain’s financial industry, Alfonso will be responsible for leading the strategic plan for different marketing activities that the company develops in Spain as well as for studying and implementing new growth opportunities in the country.

Prior to joining AvaTrade, Mr. Franco spent more than five years as the Director of Spain at the FCA-regulated forex company Admiral Markets Group. Mr. Franco’s career has encompassed other senior roles including Financial Advisor at AXA Ibercapital and General Director at Talasso Patrimonios (Grupo AFI).

While not currently known as a big player in Spain, the local presence and hiring of a domestic industry veteran is expected to make it easier for AvaTrade to both market to and service customers.

AvaTrade Group is a provider of a full spectrum of trading instruments including forex, stocks, commodities and indices. The company is licensed by 5 independent regulators including BVI Financial Services Commission, Central Bank of Ireland, Japanese Financial Services Authority, Australian Securities and Investments Commission and South Africa Financial Services Board.