The forex and CFD broker, Zenfinex has appointed Volkan Ozugur as the Chief Technology Officer (CTO), Finance Magnates learned through an update on his LinkedIn profile. Ozugur joins the company from Trive, where he served as the Chief Information Security Officer for seven years and five months.

"As of today, I am leaving my position at Trive, where I have been working with pleasure since 2016," Ozugur wrote. "It has been an incredible 7.5 years, and I feel so lucky to have the chance to meet and work with amazing people."

Zenfinex Grows Global Team

Founded in 2017 and officially launched in July 2020 by industry veteran and entrepreneur Nick Cooke, Zenfinex is a prominent player in the world of Forex and CFD trading. Originally headquartered in London, the company has rapidly expanded its global presence, establishing a presence in key regions, such as Dubai, Vietnam, Cyprus, Bulgaria, Lebanon, Colombia, and Mexico.

Besides that, the broker has entered into several partnerships in the industry to enhance its offerings. Zenfinex teamed up with Acuity Trading, a financial news analytics , and Trading Central, a technical analysis and investment research platform, to enhance its research tools.

In June, Zenfinex obtained a permanent license for trading Contracts for Differences (CFDs) from Sierra Leone's central bank. During the announcement, Zenfinex's Head of Africa, Joe Tam Nyama, expressed his enthusiasm for this expansion, stating: "This is indeed a milestone moment for Zenfinex and the financial landscape of Sierra Leone."

Expanding Footprint Globally

With an operating license in Sierra Leone, Zenfinex plans to introduce a wide range of CFDs trading services, including forex, indices, commodities, and other CFDs. Additionally, the broker announced in May that it was opening its second office in LATAM. The location is adjacent to Mexico's stock exchange, in the heart of Mexico City.

Last year, Zenfinex obtained a license from the Dubai Financial Services Authority (DFSA), paving the way for the company to extend its services throughout the Middle East and North Africa (MENA). Zenfinex holds licenses from the Financial Services Authority (FSA) in Seychelles and the Financial Conduct Authority (FCA) in the UK.