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Executives
Scope Markets Eyes MENA, Hires Equiti’s VP as Sales Manager for Region
2023-03-14T16:23:18.029+02:00
Yaser Zidan joins Scope Markets from Equiti where he spent about seven years.
Rostro announced the completion of its acquisition of Scope Markets in January.
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Retail FX
XTB Seeks to Commit 50% of Profit to Dividends, 25% to Shares Buyback
2023-03-08T20:24:56.596+02:00
XTB's net profit skyrocketed 214% to $171.6 million in 2022.
The intended actions are dependent on Polish financial markets regulator's approval.
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Executives
Industry Newcomer Monaxa Hires Exness’ Chris Trikomitis as CEO
2023-03-03T20:50:45.289+02:00
Trikomitis brings almost two decades of financial industry experience to the role.
Monaxa Group operates entities registered in St. Vincent and regulated by ASIC.
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INFONIX's Metrics Skyrocket in 2022 Pushed by Latin America and Asia
2023-03-02T23:05:30.185+02:00
The global broker's first-time deposit jumped by over 200% in Latin America.
INFINOX Capital posted a 150% growth in revenue in fiscal year 2022.
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Executives
BDSwiss' Chief People Officer in Cyprus Leaves after a Year
2023-02-24T22:58:48.488+02:00
Natale Mastoroudes joined BDSwiss in Jan. 2022 as the Head of HR.
Thomas Pantazis, the Head of Country Partnership at Admirals Australia, is also leaving.
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Executives
OneRoyal Elevates Elie Koueik to Lebanon Country Manager
2023-02-24T15:17:11.849+02:00
Koueik has spent about 13 years at OneRoyal.
The broker recently hired a former NAGA executive as the Chief Marketing Officer.
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Executive Moves
Denis Golomedov Resigns as RoboMarkets' Chief Marketing Officer
2023-02-20T19:17:46.333+02:00
Golomedov joined RoboMarkets in August 2017.
RoboMarkets has launched new ventures in recent months.
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Retail FX
VT Markets Onboards Acuity’s Signal Centre to Aid Traders' Decision Making
2023-02-17T16:14:56.092+02:00
Signal Centre was acquired by Acuity in 2021.
VT Markets recently reported a 125% growth in its trading volume.
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Executives
WH Selfinvest Hires FXFlat’s Raphaël Leblond as French Regional Manager
2023-02-16T16:59:44.511+02:00
Leblond brings over a decade of experience to the role.
The senior executive led German broker FXFlat's expansion into France.
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Retail FX
ThinkMarkets Introduces New Security Layer to Fight Fraudulent Calls
2023-02-15T19:43:16.843+02:00
The broker said clients can now identify fraudsters through OTP confirmation.
ThinkMarkets has expanded its offerings in recent months.
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Executives
Zenfinex's MENA CEO Resigns, Says “Mission Accomplished!”
2023-02-15T18:31:51.539+02:00
Michel Chabbouh helped Zenfinex get its DFSA license last year.
The executive says Zenfinex now has “strong foundations to build its growth on.”
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Retail FX
CySEC Withdraws Magnum FX’s CIF License after “Voluntary Renunciation”
2023-02-14T17:00:54.433+02:00
Magnum FX was licensed by CySEC in June 2018.
The broker operates four different websites.
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Executives
BDSwiss Promotes Marc Suárez to Marketing Manager for Latin America
2023-02-10T18:52:53.712+02:00
Suárez joined BDSwiss as a Marketing Executive in December 2021.
He brings over 10 years of marketing, sales and accounting experience to the role.
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Retail FX
eToro Opens Up All Assets to Brazilian Users, Exempts Forex CFDs
2023-02-10T14:39:20.014+02:00
The network's Brazilian customers can now trade stocks, ETFs and CFDs.
eToro cited regulatory stumbling block for exemption of FX CFDs.
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Retail FX
Germany's NAGA Group Reports Profit for First Few Weeks of 2023
2023-02-09T16:27:52.062+02:00
The German fintech group made a profit of about €1.5 million YTD.
The Group's revenue declined 6% to €52 million in 2022.
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Executives
Capital.com Hires IG Group’s Niamh Byrne as Head of UK & Ireland
2023-02-08T19:53:42.931+02:00
Byrne is to provide execution support for Capital.com's new deal with OvalX.
She spent 14 years at IG Group before joining Capital.com.
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Retail FX
EXCLUSIVE: London FX Broker Capital.com Buys OvalX’s Client Assets
2023-02-07T15:06:06.424+02:00
OvalX recently said it was considering a possible merger or asset sale.
The broker reported a pre-tax loss of £9.2M in FY21.
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Executives
Lirunex Hires AssetsFX’s Waleed Salah as Head of Sales MENA
2023-02-03T22:50:23.731+02:00
Salah brings about 14 years of industry experience to the role.
The executive has worked for brokers such as Valuetrades, BlackBull Markets and RoboForex.
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Executives
LiquidityFinder’s Founder Sam Low Joins FinaCom’s DRC as 34th Member
2023-02-03T00:35:12.716+02:00
Low founded LiquidityFinder in 2018.
FX traders seeking compensation from brokers in 2022 declined to $12.4 million.
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Executives
Two Directors Resign from Trading 212’s Boards
2023-02-02T18:51:42.562+02:00
The Directors are Rajvinder Kaur Somal and Borislav Tzonkov Nedialkov.
Nedialkov co-founded Trading 212 in 2004.
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Retail FX
UK FCA Warns against Clone of FX Broker Axi
2023-02-02T17:11:31.314+02:00
AxiCorp owns both Axi and One Financial Markets.
The FCA clamped down on a number of clone companies in 2022.
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Executives
HF Markets' Andreas Andreou Joins BDSwiss in Cyprus as CCO
2023-02-01T23:35:31.941+02:00
Andreou brings over two decades of experience to the role.
He previously worked for Cyprus-based brokers IronFX and FXGM.
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Interactive Brokers’ DARTs Jump 14% in January as Client Accounts Grow
2023-02-01T21:08:46.105+02:00
The American broker's client accounts grew 2% to 2.13 million.
The company posted record profits in Q4 2022.
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Executives
Anthony Darvall Leaves easyMarkets after 15 Years, Launches Startup
2023-01-28T00:05:06.167+02:00
Darvall joined easyMarkets in May 2008 in Australia.
A number of longtime executives have exited their roles in recent months.
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Retail FX
Compensation Sought by FX Traders Worldwide Drops 17% to $12.4M in 2022
2023-01-25T22:09:58.538+02:00
FinaCom expanded its global presence by 30% last year.
The organization also marked its fastest average resolution time since its founding.
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