Cyprus based multi-asset broker Eurotrader Group has announced that it has hired Marcelo Spina as its new CEO.

Eurotrade Investments RGB Ltd is a CySEC licensed retail broker in forex, stocks, crypto, indices and commodities. The group’s main goal is to create a trading community by updating an antiquated environment using cutting-edge technologies and adapting to the changing trader requirements.

Marcelo Spina was VP Sales at FXCM from 2005-2008, before jumping to rival Forex.com where he worked as Senior Vice President and Head of Partnerships until 2017. He then spent two years at Saxo Bank (2017-2019); served as Global Head of Partnerships at FXTM (2019); and Global Head of Business Development at ThinkMarkets (2019-2020). The past two years Mr. Spina ran his own FX brokerage consultancy.

On the new CEO appointment, Eurotrader’s founder Dr. Ozan Ozerk commented:

“It is a testament to our growth at the Eurotrader Group that we can attract the calibre of people like Marcelo Spina to the Eurotrader Group, and it does not end with him. One of Marcelo’s strengths has been building strong management teams that have taken companies to the next stages of growth, expansion and valuation. We are sure that with the new leadership team that is being built, we will be able to deliver on our vision to modernise an outdated landscape via the latest innovative technologies and to cater to a trader’s evolving needs.”

Marcelo Spina added:

“Many companies have values just to say that they have them. Eurotrader Group does work by its values – being transparent and trusted, being curious and inclusive, and discerningly daring. The people are the biggest indicators of success within a company. Having much more than the requisite experience, the people at Eurotrader Group care about the client and the company with the inherent humanity that comes through in the interactions internally and externally. And when the owner is an enabler of growth who understands the business and the potential, it is much easier to take a company forward.”

Regarding roadmap for expansion and next steps at Eurotrader, Mr. Spina said:

“We will be enhancing our institutional services for professional investors. We are about to launch our commission-free equity investing application Gratis.io for European clients. Meanwhile, we will add additional licenses to accommodate the business growth around the world. We are planning to expand our offering to clients in Southeast Asia, Africa and Latin America and significantly enhance the range of languages supported. We also plan to expand our teams and partnerships in several areas of the world and different disciplines including business development, technology, product, operations and compliance.”