FNG Exclusive… FNG has learned that Retail FX and CFDs broker Traze has hired Sanjay Malviya, as Sales Director for India. Sanjay will be based out of Dubai in his new role at Traze.

Sanjay Malviya had previously worked at Hantec Markets for eight years (2014-2022) as Branch Manager in Mumbai. He has also worked at Indian brokers xDirect Online Trading, and Motilal Oswal. Most recently Sanjay spent two years as Head of Global Sales at now-defunct CFDs broker XFlow Markets.

Late last year Traze hired longtime ICM executive Wassim Anastasiou, as Regional Director MENA.

Traze offers online trading services in multiple jurisdictions, and is operated mainly from Dubai. Part of the Zeal Group, the company and its subsidiaries holds a UAE SCA Category One license, a South Africa FSCA license, an FCA license in the UK (under the ZFX brand), and operates an offshore entity in Seychelles. Traze and Zeal Group are controlled by Chinese national Yun Chen.