FXTM and Alpari Founder Andrey Dashin Announces Exinity Launch

Founder of two of the biggest European brokerages, Alpari and FXTM, Andrey Dashin has just announced the launch of Exinity Group, Finance Magnates has learned.

Effective today, the Exinity Group will comprise the various retail businesses owned by Dashin, which includes Alpari International, ForexTime (FXTM) and its soon-to-come new retail offering under the Exinity name, according to market sources.

The new identity reflects the Group’s expanded purpose, the firm stated. It aims to empower millennials in emerging markets with the ‘Freedom to Succeed’ as their own personal wealth managers.

Andrey Dashin called the new chapter in the Group’s evolution an important milestone driving our business to further innovate, grow, and expand globally to better serve current and new customers.

“Considering millennials will soon be the global economy’s dominant force, particularly across emerging markets, we see huge potential in providing them with greater access to financial markets. Exinity’s vision is to address the needs of this new generation, building on our more than 20-year legacy in trading and investing serving over three million clients across 180 countries,” Dashin said in a statement.

More changes

As part of the launch, the Group has also unveiled its new logo, launched the Exinity corporate website and added new roles to its senior management line-up as the Group continues to expand its business worldwide.

Olga Rybalkina, a co-founder of FXTM, has been appointed chief executive officer of the Exinity Group, the sources revealed. In this role, Rybalkina will actively lead the organization in pursuit of its ambition to help a new generation become confident, empowered investors.

Sources also revealed that Exinity intends to launch an innovative new mobile trading and investing app in early 2021 that will allow its customers to build their own investment portfolios across a wide range of asset classes on both cash and leveraged basis.