Retail FX and CFDs broker XS.com has announced the appointment of Marcus Ng as the company’s new Regional Director for Asia Pacific (APAC), as part of the Group’s ongoing expansion across key Asian markets.

Marcus Ng, who is based in Singapore, brings with him over 15 years of experience in the financial services industry, having held senior roles at leading brokerage and fintech firms across the Asia Pacific (APAC) region. Prior to joining XS.com, he held leadership positions at multiple brokers, where he successfully spearheaded regional strategies, built high-performance teams, and led initiatives to increase market share and client acquisition. Most recently, Marcus was Regional Head – Asia for GTCFX.

In his new role at XS.com, Marcus Ng will lead operations, business development, and strategic partnerships across Asia, reinforcing the company’s commitment to delivering localized solutions and superior trading experiences for clients in the region. The company said that his extensive experience across both institutional and retail trading sectors will be key in tailoring XS.com’s offerings to meet the evolving needs of Asian markets, particularly in countries with fast-growing fintech adoption. His appointment comes at a pivotal time as XS.com continues to invest in regional leadership and deepen its footprint across key territories in the world.

Wael Hammad, Chief Commercial Officer of XS.com, expressed his confidence in the new appointment, stating,

“We are thrilled to welcome Marcus to our growing leadership team. His deep understanding of the Asian market, combined with his proven track record in the financial industry, makes him a key asset as we continue to expand our footprint across the region.”

Marcus expressed his enthusiasm about joining XS.com, stating,

“I’m excited to be part of XS.com’s ambitious journey in Asia Pacific (APAC). The region holds tremendous opportunity, and I look forward to working with the team to strengthen our presence and deliver value to traders and partners alike.”

About XS.com

Originally established in Australia in 2010, XS.com is now headquartered in both Cyprus and the UAE. XS.com and its subsidiaries hold licenses in a variety of jurisdictions including Australia, Cyprus, South Africa, Malaysia, and Seychelles. The company is run by Dubai based CEO Mohamad Ibrahim.