Andreas Andreou has announced on LinkedIn today (Monday) that he is taking up a new role as Partner and Chief Revenue Officer at TenTrade, a global multi-asset broker that also operates a funded trading programme. The move comes as TenTrade also appointed Marios Morfakis as Chief Sales Officer.

TenTrade recently appointed former Portugal footballer Luis Figo as its global ambassador. The initiative is linked to a campaign titled “Inspiring the Next Number 10”.

From BDSwiss to INGOT to TenTrade

Before joining TenTrade, Andreou held senior positions across several retail FX and CFD firms, mainly based in Dubai. Most recently, he worked at INGOT Brokers as Chief Sales Officer. He held the role from January 2025 to June 2026.

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Prior to that, he co-founded and served as Co-Chief Executive Officer of thePropTrade.com. He held that position from October 2024 to February 2025.

Earlier, Andreou worked at BDSwiss, a retail brokerage group. He joined in February 2023 as Chief Commercial Officer and later became Chief Revenue Officer in September 2023. He left the company in September 2024.

Before BDSwiss, he worked at HF Markets DIFC Limited, part of HF Markets. He served as Head of Business Development from November 2021 to January 2023.

His roles have primarily focused on sales, revenue, and commercial leadership within the retail trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term industry.

Morfakis Joins TenTrade as CSO

Morfakis has also announced that he has joined TenTrade as Chief Sales Officer. Prior to this, he worked at INGOT as Global Head of Business Development for around one year and six months. Before that, he served as Global Head of Sales at BDSwiss for two years.

Earlier in his career, he held roles at FXGM and Wintrado Technologies AG, focusing on business development, sales strategy, and regional growth within the retail trading industry.

INGOT Opens Cyprus EU Expansion Office

Separately, INGOT Brokers has opened a new office in Limassol, Cyprus, marking its entry into the European Union market. The expansion adds to its existing presence in Australia, Dubai, Jordan, and Kenya.

The company is regulated across multiple jurisdictions, including Australia, Seychelles, Kenya, and Jordan, and holds a licence from the Dubai Financial Services Authority. It also obtained 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 licence in November 2025 but has not yet started operations under it.

Cyprus remains a common hub for forex and CFD brokers due to its regulatory framework and access to industry talent. Many firms use the jurisdiction as a base for European market activity.

At the same time, competition among financial centres has increased, particularly from the United Arab Emirates. Some brokers have reduced or exited their Cyprus operations in recent years, while others have shifted retail activity to offshore entities or different regional hubs.