Angelos Christofi Joins BDSwiss as Head of Conversion

BDSwiss, a leading German foreign exchange (forex) and contracts for difference (CFD) broker, has a new Global Head of Conversion, appointing Angelos Christofi to the position this month.

According to his LinkedIn, Christofi joined the forex broker in November, where he is based in Cyprus. During his career, he has managed to gain more than a decade worth of experience in sales and five years in management.

The appointment of Christofi, who has years of experience in retention-based roles, comes at a time when brokers within the European Union (EU) need to work hard to keep their clients, following regulations implemented by the European Securities and Markets Authority (ESMA).

As an analysis by Finance Magnates highlighted, traders within the EU are moving to brokers outside of the bloc so they can set the risk they want, not the risk they are told they can handle.

Angelos Christofi Past Experience

He joins BDSwiss after a short stint at AAATrade, a CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term-regulated investment firm and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider. Here he worked for three months as the Head of Sales, starting in March and leaving in July of this year.

Before AAATrade, Christofi was the Head of Retention at Xtrade Group, a provider of online forex and CFD trading. At this company, he worked for nearly four years, joining in September 2013 and working with the firm until June 2017.

In his role as Head of Retention, Christofi had a number of responsibilities, such as overseeing retention across Europe, training representatives, setting targets and bonuses, conduction promotional campaigns and more.

During his career, Christofi was also an Account Manager at IronFX, a position he held for six months. According to his LinkedIn, in this role, he was responsible for opening new accounts and retaining existing ones. He also had a number of other sales-based duties.

Christofi first entered into the forex industry when he started working with FX Global Markets (FXGM) in April 2011. Here he worked in sales as a Retention Executive and Team Leader for two years.