FNG has learned that Cyprus-based, offshore (Seychelles) CFDs broker TenTrade has made some major additions to its senior management group, hiring experienced industry executives Andreas Andreou and Marios Morfakis from INGOT Brokers.

Andreas Andreou (pictured above) joins TenTrade as a Partner, and Chief Revenue Officer (CRO). Andreas spent the past year and a half as Chief Sales Officer (CSO) of MENA focused online broker INGOT Brokers. Prior to INGOT, Andreas was at BDSwiss, first as Chief Commercial Officer (CCO) and then CRO. He had also previously worked at HFM, IronFX, and FXGM.

Marios Morfakis was hired as TenTrade’s new Chief Sales Officer (CSO), after serving as INGOT’s Global Head of Business Development. He also worked previously at BDSwiss, as Global Head of Sales, and at HFM and FXGM. Marios also previously spent time with Wintrado Technologies AG, and 24option.

TenTrade recently burst onto the scene after signing an agreement with legendary footballer Luis Figo to act as its new Global Ambassador. TenTrade was established by partners Athos Agathocleous, Rasheed Altoun and Andreas Samatas, with Andreas Andreou now becoming a fourth partner. A brand name of Evalanch Ltd, domiciled in Seychelles, TenTrade focuses mainly on clients in Africa and the MENA region. The company is operated mainly from Cyprus.