Exclusive: Fred Gewirtz leaves SCM for Jonathan Brewer’s JT Markets
Fred Gewirtz joins JT Markets from Scandinavian Capital Markets, where he was Head of Institutional Liquidity for the past two years.
offshore fx brokers
Offshore FX brokers are websites which offer retail clients trading in forex pairs, CFDs and often cryptocurrencies, while located in one of many “offshore” locations. These include brokers which are licensed by small island and nation-states with the more popular ones being Belize, Seychelles, Mauritius, Saint Vincent and the Grenadines, the British Virgin Islands (BVI), and the Bahamas. Other offshore FX brokers are fully unlicensed, and operate with no regulatory oversight of any kind.
Offshore brokers typically can offer more risky terms to clients than can properly licensed, onshore brokers (such as those located in Europe, Australia, or North America), such as high leverage and volume-related deposit bonuses. However when things go wrong, clients of these offshore brokers typically have no recourse, and no real regulator to turn to,
Offshore CFDs broker Amillex adds ASIC license
Amillex recently hired former ACY Securities, CMC Markets, and Fortune Prime executive Mark Tsang as Head of Business Development.
Offshore CFDs broker SGT Markets hires Andrew Gibson for BizDev/Liquidity role
Most recently Andrew Gibson served as Head of Product Development, FX and CFDs at Tavira Securities Dubai.
B2PRIME launches offshore CFDs brokerage for retail clients, adding cTrader
B2PRIME Retail will operate as a ring-fenced division with independent management, systems, and governance.
Exclusive: New CFDs broker Spec FX gets backing from Grace Energy owner James E. Thompson III
Spec FX is being run by former IC Markets director and CFO Lucy (Xu) Lu, who will serve as General Manager of Spec FX.
Omar Al-Janabi joins offshore CFDs broker Monaxa as CEO MENA
Omar Al-Janabi, based in Spain, left his role as Global Head of Sales and Business Development at online broker TopFX last month.
MultiBank’s Head of China Sophie Squillacioti leaves for UEXO
Sophie Squillacioti joined MultiBank last year from Equiti Group, where she was Director of Sales – APAC.
Former Capital.com / HFM / SquaredFinancial CFO Stathis Flangofas joins offshore CFDs broker Kudotrade
Stathis Flangofas has served as Group CFO for a number of established brokers including Capital.com, SquaredFinancial, and HFM.
Doo Group offshore CFDs arm rebrands as D Prime
D Prime also migrated its previous CMS to Statamic, a modern, flexible content management system.
Hantec Australia exec Damon Sze leaves to run offshore CFDs broker TopWealthTrading
Damon Sze had been with Hantec Markets since 2018, joining initially as a Business Development Manager in Hong Kong.
