M4Markets Strengthens African Presence Hiring David Alagbada

M4Markets, a forex and CFDs broker operating with a Seychelles license, is expanding its focus into the African markets with the recent appointment of David Alagbada as the Regional Head of Africa.

According to the LinkedIn profile of Alagbada, he already joined the broker earlier this month. He will be responsible for leading the company’s business strategy, business development, growth and revenue objectives from its African operations.

"For the past year or so, I’ve been following M4Markets and I have been impressed with their growth," Alagbada told Finance Magnates. "I know they’ve been successful in regions where it takes other brokers a lot longer to reach, and I knew that joining M4Markets would be a huge step forward for me."

Knows the African FX Industry

Based in Nigeria, Alagbada has more than 12 years of experience in the African forex trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Read this Term industry. He started his career in the industry in November 2009 as a Head of FX Training and FX Strategist for ThreeStar Consulting.

Before joining M4Markets, he had a very short three-month stint with Trade EverestCM as the Head of Business for Africa. In addition, he was Amana Capital’s African Director for one year and seven months.

Also, he spent four years in the African FX industry as the Head of Business Development at ForexTime and also worked for HotForex and IronFX Global. Moreover, he founded and ran a forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term education platform to educate African traders.

"David’s experience in the Africa market will allow us to reach out to local clients and grow our business in the region," an M4Markets spokesperson said.

The offerings of M4Markets are standard in the industry: it provides trading services with forex and CFDs of popular asset classes like commodities, indices and shares. The broker offers services with MetaTrader 4 and MetaTrader 5 platforms, two of the industry-standard third-party trading platforms. Furthermore, it is expanding its services by adding in-demand features like social trading.

Though the broker is now only registered and regulated in Seychelles, it has plans to obtain operational licenses in other jurisdictions as well.