Finance Magnates learned on Thursday that Christian Dove has been appointed Chief Executive Officer of EverForex Financial.
“I accepted the role in the new year,” Dove told Finance Magnates. “EverForex have been involved in the deliverable foreign exchange (FX) business historically and are now maximizing their license capability and giving their clients a diversified FX capability by developing a margin FX business.”
According to the company’s new CEO, EverForex will be launching its FX margin trading business in March of this year.
Dove joins the retail broker after spending almost a decade with Synergy Financial Markets.
The new CEO founded Synergy, a retail foreign exchange brokerage, in 2011. Synergy was one of the only brokers in Australia to also be a fully licensed advisory funds management business.
During his time at the firm, Dove actively worked on almost every aspect of the business – from heading the dealing room and managing risk to leading teams in-house and advising clients on their trading activity.
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Based in Sydney, Synergy was acquired by another Australian-regulated broker, ACY Capital, in September of last year. The terms of the deal were not disclosed.
“Since selling Synergy last year I have been looking for new opportunities,” Dove said. “Both myself and EverForex are very excited about our potential together in the future.”
Synergy was the second retail brokerage that Dove founded and then sold.
Back in 2008, EverForex’s new CEO launched Enfinium.
The name may not be familiar to most of our readers, but it was Enfinium that later became Vantage FX after Dove acquired a London-based contracts for difference broker.
Within three years, Dove grew the brokerage from a two-man team to a company with more than a hundred employees in the UK and Australia. In 2011, shortly before he founded Synergy, Dove sold Vantage FX to a larger brokerage group.