Transaction value in the year's first half grew by 54% in the region.
Additionally, the number of active traders increased by 20%.
The first
half of 2024 proved exceptionally strong for Tickmill in the Middle East and
North Africa (MENA) region, as confirmed by data shared with Finance
Magnates. Trading volumes grew by 54%, surpassing $135 billion, while the
total number of clients, including active ones, reached historic highs.
Tickmill Expands Offerings
in MENA Region
Tickmill
reported this week that compared to the first half of last year, it saw a
significant jump in trading activity in the Middle East. According to
information provided to Finance Magnates by the company, the total
volume over the past 6 months increased by almost $50 billion, compared to the
same period in 2023.
Joseph Dahrieh, the Managing Director at Tickmill
“Witnessing
this year's results, both in the Middle East and abroad, has been an exciting
moment of achievement for Tickmill's impeccable global team of professionals,
for our seasoned leadership, and for our strategy of prioritizing the safety of
our client's funds while upholding the highest standards of transparency,
integrity and innovation,” added Joseph Dahrieh, the Managing Director at
Tickmill.
Mohamed Abdelbaki, the Regional Marketing Manager of Tickmill
“We
would like to take this milestone as an opportunity to reaffirm our commitment
to Middle Eastern traders to empower their investment projects through
cutting-edge technology, efficiency and exceptional service for their financial
operations,” commented Mohamed Abdelbaki, the Regional Marketing Manager
of Tickmill.
Higher
volumes are, of course, driven by clients, whose numbers reached record values
in the past six months. Tickmill managed to increase its client base in MENA by
14%, while the number of active clients grew by almost 20%.
The company
also emphasized that in addition to a strong H1 2024, it recorded record
interest from traders in July.
Leadership Shift and
Service Enhancements
Tickmill has also recently implemented
significant changes in its organizational structure and service offerings. The
company has elevated Nicholas Baumer to the position of Chief Commercial
Officer (CCO). Baumer, who previously served as the Chief Marketing Officer
(CMO), brings over 13 years of marketing expertise to his new role.
In a separate development,
Tickmill has bolstered its copy trading capabilities by integrating SoFinX's
platform. This new addition aims to provide traders and investors with an
enhanced trading experience, featuring access to over 10,000 signal providers
whose market trades can be replicated by users.
Furthermore, Tickmill has
introduced a competitive interest rate program for unused funds in traders'
accounts. This initiative allows clients to optimize their capital while
diversifying their investment portfolios. The company is offering attractive interest
rates of 3.5% for USD wallets, 3.25% for GBP wallets, and 2.5% for EUR wallets.
The first
half of 2024 proved exceptionally strong for Tickmill in the Middle East and
North Africa (MENA) region, as confirmed by data shared with Finance
Magnates. Trading volumes grew by 54%, surpassing $135 billion, while the
total number of clients, including active ones, reached historic highs.
Tickmill Expands Offerings
in MENA Region
Tickmill
reported this week that compared to the first half of last year, it saw a
significant jump in trading activity in the Middle East. According to
information provided to Finance Magnates by the company, the total
volume over the past 6 months increased by almost $50 billion, compared to the
same period in 2023.
Joseph Dahrieh, the Managing Director at Tickmill
“Witnessing
this year's results, both in the Middle East and abroad, has been an exciting
moment of achievement for Tickmill's impeccable global team of professionals,
for our seasoned leadership, and for our strategy of prioritizing the safety of
our client's funds while upholding the highest standards of transparency,
integrity and innovation,” added Joseph Dahrieh, the Managing Director at
Tickmill.
Mohamed Abdelbaki, the Regional Marketing Manager of Tickmill
“We
would like to take this milestone as an opportunity to reaffirm our commitment
to Middle Eastern traders to empower their investment projects through
cutting-edge technology, efficiency and exceptional service for their financial
operations,” commented Mohamed Abdelbaki, the Regional Marketing Manager
of Tickmill.
Higher
volumes are, of course, driven by clients, whose numbers reached record values
in the past six months. Tickmill managed to increase its client base in MENA by
14%, while the number of active clients grew by almost 20%.
The company
also emphasized that in addition to a strong H1 2024, it recorded record
interest from traders in July.
Leadership Shift and
Service Enhancements
Tickmill has also recently implemented
significant changes in its organizational structure and service offerings. The
company has elevated Nicholas Baumer to the position of Chief Commercial
Officer (CCO). Baumer, who previously served as the Chief Marketing Officer
(CMO), brings over 13 years of marketing expertise to his new role.
In a separate development,
Tickmill has bolstered its copy trading capabilities by integrating SoFinX's
platform. This new addition aims to provide traders and investors with an
enhanced trading experience, featuring access to over 10,000 signal providers
whose market trades can be replicated by users.
Furthermore, Tickmill has
introduced a competitive interest rate program for unused funds in traders'
accounts. This initiative allows clients to optimize their capital while
diversifying their investment portfolios. The company is offering attractive interest
rates of 3.5% for USD wallets, 3.25% for GBP wallets, and 2.5% for EUR wallets.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
