Filippo De Rosa has become the Chief Executive Officer of HonorFX, a retail forex and contracts for differences (CFDs) platform, Finance Magnates learned exclusively. He joined the broker earlier this year and is based in Dubai.
HonorFX is a multi-regulated broker licensed in Malaysia, Mauritius and St. Vincent and The Grenadines. Under De Rosa’s leadership, the broker will prioritize gaining additional regulatory licenses.
“The strategy is to focus on key markets internationally and acquire the right licenses to be able to be close to our clients,” De Rosa told Finance Magnates. However, he did not specify which jurisdictions the broker is going to approach for the next licenses.
“The priority is to build meaningful relationships with our clients, be it retail, professional or institutional traders. By understanding the requirements of our partners we can deliver an exceptional trading experience. It is this awareness that drives the change and impact across the products we offer, the geographical expansion of the company, and the fintech development which we will focus on in the future,” he added.
An Experienced Executive
De Rosa comes with almost two decades of industry experience and has worked for several other brokerage brands in the past.
He joined HonorFX from CPT International, where he was hired as the CEO in August 2021. Prior to that, he was the Global Head of Sales at SquaredFinancial for a short tenure of seven months.
Additionally, he headed the Middle East operations of Axi (then AxiTrader) as the regional CEO and was the Head of Sales at IG for a couple of years. Furthermore, he worked at the Middle Eastern division of Saxo Bank, Moody's Analytics, and E*TRADE Financial, according to his Linkedin profile.
“I am truly enthusiastic about leading a passionate and energetic team like the one that has welcomed me at Honor FX!” he added.
