VIBHS Financials welcomes a new hire in the new year. The company attracted Miles Eakers as Business Development Manager. He will be based in London and comes with a raft of experience in the trading industry.
Eakers joins VIBHS after almost two years as Chief Market Analyst at Centtrip. Before that he co-founded Chancery Lane Traders and was a Technical Sales and FX Trader at SAVI Trading. He started his career in the industry at ETrade back in 2008.
VIBHS has been an FCA-regulated brokerage company since 2014. The firm was established a year earlier and offers an array of products for retail and professional traders.
The UK subsidiary of the company is led by Angus Irvine as CEO. VIBHS also has a regulated subsidiary in Mauritius.
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VIBHS Financial Offering
The company provides its clients with a choice between three platforms: MT4, Dabbl, and Torch. The London-based brokerage offers trading access to FX, indices, commodities, equities, and cryptocurrency markets.
Aside from STP trading, the firm is offering spread betting for the UK market. The fierce competition within the European market has prompted the company to diversify its offering worldwide.
The firm has a solid presence in China among other emerging markets. In tandem with other market participants, the weight of revenues from outside of the EU started playing a more significant role in the aftermath of the new regulatory framework in Europe.
Eakers joins the company at a crucial time for the industry. The magnitude of the impact from the new ESMA regulations has been widely felt across the regulated FX industry in recent months. Different brokers have been choosing different ways to pivot and diversify.