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Exclusive: Vikas Lakhwani launches offshore CFDs broker 9X Markets

Gerald Segal 0 Comments January 23, 2025

FNG Exclusive… FNG has learned that experienced MENA industry executive Vikas Lakhwani has launched a new offshore CFDs brokerage brand, called 9X Markets (at website 9xmarkets.com).

Vikas Lakhwani was Chief Revenue Officer at online broker CPT Markets (formerly known as Citypoint Trading), before leaving last year. He was also previously General Manager of Capex.com’s UAE office (2022-2023) and Head of Sales MENA for Axi (2017-2021), after beginning his FX and CFDs career at IG’s Dubai office (2015-2017).

9X Markets is registered in Mauritius, but will be operated from Dubai.

Gerald Segal

Gerald is the founder of FNG and is one of the most experienced writers covering the online trading sector. Prior to starting FNG, Gerald founded Forex industry B2B news website LeapRate.com in 2010, selling it in 2018 to publicly traded Catena Media plc (STO:CTM). An avid skier, cyclist and ice hockey player, Gerald was previously an investment banker for more than a decade at Bear Stearns, Robertson Stephens, and Merrill Lynch. Gerald holds an MBA from Columbia University in New York and a BCOM degree from the University of Toronto.