Startup Retail FX and CFDs broker Doto has announced the appointment of Maria Markidou to the position of Executive Director. With this new appointment, Doto said that it has strengthened its Cypriot operations while establishing the foundations to enter the retail trading space.

Maria Markidou is a 14-year veteran of the FX and CFD industry, most recently working at FXOpen where she served as Regional Director covering all European operations. Prior to joining FXOpen, Maria co-led the acquisition process of AMB Prime (by FXOpen), which has since become FXOpen EU. During her time as Executive Director and Head of Dealing of Own Account at AMB Prime, she was instrumental in managing the operations of the company as well as establishing the broker’s dealing department and overseeing the regulatory reporting and risk management functions.

Dr. Demetrios Zamboglou, CEO of the Doto group of companies commented on the appointment by saying:

“We are delighted to welcome Maria to Doto. She brings significant knowledge and understanding of the financial services industry to our team and will be directly responsible for bolstering our online trading offering. Maria’s extensive experience in retail and institutional foreign exchange adds significant value to the company and is a huge boost for our global aspirations.”

Maria Markidou said of her new appointment:

“I am honored to join the Doto group of companies and excited to embark on a global fintech project with Doto. I’m looking forward to working with the entire Doto team, leading the retail business and curating a significant industry player. Despite being an emergent brand, Doto already has a strong foundation with several key advantages that I’ll help harness into a leading service offering.”

Doto, an app-based broker, was established in 2019 and received a CySEC CIF license in 2021 (as Vasby Capital Markets Limited). The company is ultimately controlled by Timur Nemishov.