One of the few true ECN brokerages in the industry, JFD Brokers, has announced that it is expanding its services. The firm is committing to widening its client base with a new effort across untapped EU markets, as well as Asia and Africa.
JFD is promoting Mohamed Hassan to lead the effort as Chief Business Development Officer. He will be in charge of expanding the broker’s market share globally. He has been with the company for about 5 years, joining the company as a MENA consultant in 2012 and serving as Head of Portfolio Management since August 2013.
Mr Hassan will aim to attract not only new retail clients, but also IBs from around the world.
JFD Brokers also plans to focus on some new operations, such as the company’s asset and wealth management services for high net worth individuals.
Previously, Mohamed Hassan was Head of Research at a popular Egyptian brokerage. He has been featured on popular economic television shows in the Middle East. His experience in finance and programming gives him a unique perspective on the financial markets.
Commenting on his appointment, Mr Hassan said: “JFD’s offering is unique and involves a lot of opportunities for partners, traders and money managers around the world. With our talented team of business development professionals, we are sure that our expansion plan will be successful.”
The brokerage has been at the forefront of the industry with a truly multi-asset offering. The company is providing its services via its own customized versions of the MetaTrader 4 and MetaTrader 5 suites by MetaQuotes as well as AgenaTrader, which is a platform that is catering to the needs of professional traders.