M4Markets, a retail forex and contracts for differences (CFDs) broker, has strengthened its leadership by hiring Marios Antoniou as the Chief Operations Officer. According to his Linkedin profile, Antoniou is based in the broker’s base in Cyprus.

M4Markets Onboards New CFO

“I’m happy to share that I’m starting a new position as Chief Operations Officer at M4Markets!” Antoniou wrote in a Linkedin post.

The appointment came when M4Markets was growing its presence in global markets. Initially, the company offered counterparty trading services with registration in Seychelles. Last October, it secured a Cyprus Investment Firm (CIF) license with the acquisition of CySEC -regulated firm ICC Intercertus Capital Limited, which is now legally recognized as Harindale Limited and operates M4Markets Europe. The Cyprus license has enabled the broker to enter the largest European Economic Area (EEA).

Onboarding Antoniou, who spent years with other Cypriot brokers, has further strengthened M4Markets’ ambitions for the European markets.

Last year, M4Markets raised an undisclosed sum from an unnamed strategic investor by selling a 'significant stake' in the company.

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An Experienced Brokerage Industry Executive

Before joining M4Markets, Antoniou was the Chief Executive of a lesser-known offshore forex and CFDs broker, Invaxa, which operates from Seychelles. He was one of the founding members of that broker, which was established in 2022, and was joined in the other senior roles by several former employees of his previous brokerage employers. However, that brand looks to have failed to take off.

On top of that, he worked at Cyprus-based Deltamark Fund Management as a Risk Manager and Executive Director for about a year before starting Invaxa.

Antoniou started his career at the dealing desk of IronFX in 2014 where he worked for a couple of years. Later, he joined TOPFX as the Head of Dealing and then switched to Hellenic Bank as Group Market and Liquidity Risk Management Officer. Furthermore, he was an executive at the Cyprus-regulated broker Axiance, which was rebranded from EverFX.