Offshore CFD broker Monaxa has appointed Omar Al-Janabi as its new CEO for
the Middle East and North Africa. Al-Janabi returns to work alongside Chris
Trikomitis, the company’s CEO, resuming a partnership that began over a decade
ago.
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A Decade in Online Trading Leadership
Omar Al-Janabi has accumulated over a decade of
experience in online trading. He started his career in customer support at XM before moving on to roles at Swiss Markets, FXPRIMUS, Tickmill, and, most recently, TopFX, where he served as Global Head of Sales and Business Development.
“I’m stepping forward as CEO of Monaxa’s MENA region,
joining forces once again with Chris Trikomitis, the visionary who first
believed in me over ten years ago when he appointed me MENA Regional Manager,” Al-Janabi
commented about the appointment. His deep knowledge of the MENA market is reflected in
previous positions, including MENA Partnership Manager at Tickmill.
Most recently, Al-Janabi worked as the Global Head of Sales
and Business Development at TOPFX, where he joined as the Regional Manager.
Also in his career, the seasoned expert also
previously served as MENA Partnership Manager at Tickmill. He also has an
extensive experience of the Middle East market, having worked as Head of Middle
East Operations at FXPRIMUS.
Monaxa’s Recent Expansion
Recently, Monaxa obtained a South African license as
it shifts from offshore to onshore operations. Currently, Monaxa operates under
a Mauritius license and is registered in Anguilla, a British Overseas
Territory.
The broker’s move signified a transition to regulated
markets, aiming to bolster credibility and expand its footprint. Alongside
licensing developments, Monaxa expanded its product offerings, adding a PAMM system and crypto trading services to its platform. Additionally, Monaxa is positioning itself within the
growing prop trading sector, joining other CFD brokers that are entering this space.
This article was written by Jared Kirui at www.financemagnates.com.
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