Blackbull Markets Hires Waleed Salah as Arabic Office Head

Blackbull Markets, an Auckland-headquartered retail Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, is strengthening its position in the Middle Eastern markets with the latest hiring of Waleed Salah as the Head of its Arabic office.

Based in Egypt, Salah, who was previously with VantageFX, is a trading industry veteran and has extensive experience of 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 and CFDs operations in the region. He is bringing over a decade of industry experience to his new role, his Linkedin profile shows.

Additionally, he headed VantageFX’s Arabic office for a short period and prior to that, managed the Middle Eastern office of USGFX, which moved its headquarters to London after its Australian business went bust. Moreover, he was USGFX’s Director of the Middle Eastern office for a couple of years.

Salah started his career as a customer support representative at FXComparison and moved fast to become a known industry face in the region. In addition, he had stints at ATFX, RoboForex, and FBS.

A Ripe Region to Expand Into

The Middle Eastern market has become a much-sought for international Forex and CFDs broker. Retail traders in the region are among the top depositors in the trading platforms.

BlackBull holds two regulatory licenses, one in New Zealand and the other in Seychelles, and has operations globally. However, the broker did not officially publicize any of its ambitions in the MENA region.

In an interview with Finance Magnates earlier this year, BlackBull Director, Michael Walker, said: “Our future vision encompasses expansion into other areas of financial services, as a true multi-asset brokerage with a full-service offering.”