FNG Exclusive… FNG has learned that Retail FX and CFDs broker Scope Markets has hired Cyprus based executive Fraser Nelson as Global Head of Business Development. With more than a decade’s worth of leveraged trading industry experience in both front- and back-office environments, Fraser will be responsible for overseeing Scope Markets’ global growth agenda at a retail level.

We had reported exclusively last week that Fraser Nelson was leaving Doo Group, where he had worked as Head of Institutional Clients and as Head of Business Development for the past two years. Fraser had also previously worked at Centroid Solutions, PrimeXM, HotForex, Markets.com, OneTwoTrade, and Banc de Binary, in a variety of mainly business development related roles.

John Murphy, Chief Revenue Officer at Scope Markets, commented:

“We are thrilled to welcome Fraser onboard to lead our Business Development efforts. With his extensive experience in our key growth markets, Fraser brings a wealth of expertise that aligns perfectly with our expansion goals. His proven track record in successfully delivering against sales development strategies will be invaluable in accelerating our global growth and helping us achieve remarkable new milestones.”

The appointment comes less than a week after Scope Markets undertook an extensive rebrand, designed to underline the broker’s renewed focus on making financial markets accessible to the widest possible global audience. Recent developments to support this initiative include the launch of unleveraged fractional equity CFDs and the deployment of a new, user-optimised onboarding process. Further product innovations will be announced in the coming months.

Fraser Nelson, Global Head of Business Development, added:

“I am incredibly excited to join the Scope Markets team. Scope’s reputation for innovation and their commitment to delivering exceptional solutions and service, aligns perfectly with my professional values and vision. I look forward to collaborating with the talented team at Scope to drive strategic growth, further expand our global footprint and forge impactful partnerships. Together we will build on Scope’s success and place it at the forefront of the market.”

Scope Markets offers a range of account types designed to cater to the diverse investing and trading needs of a global audience. These include traditional multi-asset, multi-currency CFD trading accounts which can be opened directly or via a network of introducing brokers. In addition, the new Scope Invest account has been designed to offer market access to all, enabling unleveraged CFD trading with a minimum deposit of just $50.

About Scope Markets

Scope Markets was taken over by London based Rostro Group in 2023. Rostro was founded in 2020 by former ACM/TradeTech (now Finalto) executive Roger Hambury, with ambitions to acquire and grow out companies in the Retail FX, CFDs, and crypto trading sector. After the acquisition closed Rostro named former Skilling, CMC Markets and Alpari UK executive Pavel Spirin as CEO of Scope Markets. The brand operates CySEC licensed entity SM Capital Markets Ltd at website scopemarkets.eu, and offshore (Belize domiciled) RS Global Ltd at scopemarkets.com.