Fintrix also has another St Lucia-registered CFD broker brand, but it is not currently offering services.
A screenshot of the Aksys website
Fintrix Markets has widened its retail trading reach by buying Mauritius-regulated contract-for-difference (CFD) broker Aksys Global Markets. The deal was completed last month after receiving regulatory approval.
The New Owner of Aksys
Aksys was co-founded by Walid Abousleiman in 2022. The broker’s name echoes Abousleiman’s earlier venture, Aksys Capital, a non-bank-affiliated financial services firm in Lebanon.
Walid Abousleiman, Co-founder of Aksys (Photo: LinkedIn)
Fintrix told FinanceMagnates.com that Abousleiman “will not remain involved moving forward”, without giving further organisational details.
The broker has its headquarters in Mauritius and a “growing base of active traders in Asia and the Middle East.” It offers CFD instruments such as forex, commodities, indices, equities and cryptocurrencies, and provides trading only on the MetaTrader 5 platform.
“Clients can expect continuity in service, with added benefits over time including broader product access, stronger platform infrastructure and enhanced support across multiple regions,” a statement by Fintrix noted.
Several other established brokers, including ActivTrades, Exness and Deriv, also run offshore operations from Mauritius. EC Markets recently opened a new office there.
Brand Consolidation Incoming?
The holding company of Fintrix was set up in Australia last year. It also formed a unit in Saint Lucia earlier this year to act as a retail CFD broker under the Fintrix Markets brand. However, a notice on the website states that the platform “is not currently offering services or onboarding clients.”
After buying Aksys, it is unclear whether Fintrix will keep two retail brands or merge them.
Although the backers of Fintrix have not been named, the company said: “Founded by a team of industry professionals with over 40 years of combined market experience, Fintrix Markets Group has rapidly built its global brokerage offering. The business is grounded in client-centric service, trusted execution and secure, reliable technology.”
Fintrix Markets has widened its retail trading reach by buying Mauritius-regulated contract-for-difference (CFD) broker Aksys Global Markets. The deal was completed last month after receiving regulatory approval.
The New Owner of Aksys
Aksys was co-founded by Walid Abousleiman in 2022. The broker’s name echoes Abousleiman’s earlier venture, Aksys Capital, a non-bank-affiliated financial services firm in Lebanon.
Walid Abousleiman, Co-founder of Aksys (Photo: LinkedIn)
Fintrix told FinanceMagnates.com that Abousleiman “will not remain involved moving forward”, without giving further organisational details.
The broker has its headquarters in Mauritius and a “growing base of active traders in Asia and the Middle East.” It offers CFD instruments such as forex, commodities, indices, equities and cryptocurrencies, and provides trading only on the MetaTrader 5 platform.
“Clients can expect continuity in service, with added benefits over time including broader product access, stronger platform infrastructure and enhanced support across multiple regions,” a statement by Fintrix noted.
Several other established brokers, including ActivTrades, Exness and Deriv, also run offshore operations from Mauritius. EC Markets recently opened a new office there.
Brand Consolidation Incoming?
The holding company of Fintrix was set up in Australia last year. It also formed a unit in Saint Lucia earlier this year to act as a retail CFD broker under the Fintrix Markets brand. However, a notice on the website states that the platform “is not currently offering services or onboarding clients.”
After buying Aksys, it is unclear whether Fintrix will keep two retail brands or merge them.
Although the backers of Fintrix have not been named, the company said: “Founded by a team of industry professionals with over 40 years of combined market experience, Fintrix Markets Group has rapidly built its global brokerage offering. The business is grounded in client-centric service, trusted execution and secure, reliable technology.”
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
73% of Young Investors Say Traditional Wealth Building Is Broken – Here’s How They Trade Instead
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
