Tools for Brokers Appoints Ivan Egorov as New Global Head of Sales

Tools for Brokers, a leading global technology provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term for retail brokers, announced the appointment of Ivan Egorov as the company’s Global Head of Sales, on Tuesday. Egorov, a long-serving member of the firm, was promoted to this new role in line with the company’s new focus on acquiring new market niches and growing the Trade Processor liquidity bridge.

Egorov has been working at Tools for Brokers since 2016. He has been serving as the Head of Sales for the last two years, working at the Cyprus office, where he focuses on reaching the quarterly and annual sales targets, acquiring new clients, growing and training his sales team.

The executive will bring demonstrated wealth of work experience into his new role, where he will oversee the company’s global sales operations. In his new position, Egorov will lead Tools for Brokers’ efforts to develop new business opportunities and create solutions to meet customers’ needs.

Egorov talked about his appointment: “I am very excited and thankful for the opportunity to lead the global sales team. Our team consists of exceptionally talented people, and it will be my honor to shape and execute the company’s global strategy. I am confident that together we will reach new heights and provide our clients with the best service on the market.”

Bringing More Value to Brokerage Businesses

Founded in 2010, Tools for Brokers continues to offer IT solutions that enable 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 brokers to solve their technical challenges and streamline their operations. In September last year, the company added support for spot and futures trading powered by Binance crypto exchange via Trade Processor. The spot and futures trading service provides brokers with access to exchanging purposes and margin trading with leverage. The feature enables brokers to offer crypto trading services to their clients and expand their tradable instruments list.

In May last year, Tools for Brokers enhanced its financial service offerings by integrating the proxy server solutions offered by MT Proxy. The solutions have enabled brokers to speed up their trading services and provide better connectivity to their clients worldwide.

In March last year, the firm introduced weekend FX trading to enable brokers to trade margin FX throughout the week and trade outside of market hours to hedge risks when the FX market is closed.