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.
Join IG, CMC, and Robinhood at London’s leading trading industry event!
A Decade in Online Trading Leadership
Omar Al-Janabi has accumulated over a decade of
experience in online trading
Online Trading
Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone
Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone
Read this Term. He started his career in customer support at XM before moving on to roles at Swiss Markets, FXPRIMUS, Tickmill, and, most recently, TopFX.
“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.
Lately, Al-Janabi worked as the Global Head of Sales
and Business Development at TOPFX, where he joined as the Regional Manager.
The seasoned expert also previously served as MENA Partnership Manager at Tickmill and has extensive experience in 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, the broker 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, including the addition of 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.
The broker announced that it is rolling out several other major products before the end of the year, signaling a notable expansion of its
service portfolio. These include the PAMM system, which reportedly allows professional traders to manage multiple client accounts simultaneously, broadening
Monaxa’s reach to institutional investors.
“New products, new services, new platforms,” Trikomitis recently commented. “All happening before the end of the year.”
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.
Join IG, CMC, and Robinhood at London’s leading trading industry event!
A Decade in Online Trading Leadership
Omar Al-Janabi has accumulated over a decade of
experience in online trading
Online Trading
Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone
Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone
Read this Term. He started his career in customer support at XM before moving on to roles at Swiss Markets, FXPRIMUS, Tickmill, and, most recently, TopFX.
“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.
Lately, Al-Janabi worked as the Global Head of Sales
and Business Development at TOPFX, where he joined as the Regional Manager.
The seasoned expert also previously served as MENA Partnership Manager at Tickmill and has extensive experience in 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, the broker 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, including the addition of 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.
The broker announced that it is rolling out several other major products before the end of the year, signaling a notable expansion of its
service portfolio. These include the PAMM system, which reportedly allows professional traders to manage multiple client accounts simultaneously, broadening
Monaxa’s reach to institutional investors.
“New products, new services, new platforms,” Trikomitis recently commented. “All happening before the end of the year.”
