INFINOX promotes Alex Praill to COO as volumes grew by 25% in 2021

Rick Steves

“His operational pedigree is certain to catapult INFINOX forward and he will be a great role model for our employees and those vendors who come into contact with him.”

INFINOX has announced the appointment of Alex Praill as its new Chief Operations Officer as the global trading period experiences a period of rapid expansion.

The FX and CFD brokerage firm has recorded an increase in trading volumes in 2021 of 25% in total from its operations in more than 15 countries.

Alex Praill oversaw all business operations

The INFINOX veteran was promoted to Chief Operations Officer after eight years as Head of Operations at the firm, based in London. Prior to that, he was Account Opening Executive at IG for four years.

As Head of Operations, he oversaw all business operations, from back and middle office duties to front office operations, ensuring smooth and effective collaboration of all teams.

Now, as Chief Operations Officer, Alex Praill will be in charge of compounding the impressive growth already seen by the brokerage, leading the business and operational functions into a new post-Brexit and post-Covid market.

Robert Berkeley, Chief Executive Officer of INFINOX, said: “We’re thrilled that Alex has accepted the Chief Operating Officer position. His operational pedigree is certain to catapult INFINOX forward and he will be a great role model for our employees and those vendors who come into contact with him.

“We know exactly what we’re getting with Alex, who has helped build us to this stage. We’re excited to see where, with his help, we can go from here. INFINOX’s seamless, user-friendly technology and award-winning client services were a key driver in 2021 and helped not only grow but retain a large client base.”

Alex Praill, Chief Operating Officer of INFINOX, added: “I’m honored to be trusted to expand the projects we’ve been working so hard on and it’s a privilege to be working with such a great team.”

INFINOX boasts MT5 for multi asset trading

INFINOX Capital is authorized and regulated by the Financial Conduct Authority and provides reliable FX and CFD trading through the popular MetaTrader 5 platform.

The broker rolled out MT5 in October 2021 as it looked to enhance its multi asset trading offering, which covers a wide range of asset classes, from forex pairs, to commodities, indices, futures, and equities. The INFINOX stock trading offering includes the most popular shares such as Netflix, Visa, Amazon, and Tesla.

The INFINOX MetaTrader 5 platform features a host of institutional trading tools including 21 different timeframes, a built-in economic calendar delivering news, 9 different order types, Depth of Market, access via desktop and mobile app.

Read this next

Retail FX

Weekly Roundup: Prop firm arbitrarily accounts, Interactive Brokers’ CFDs in Japan

FX, Fintech and cryptocurrency markets have been bustling with activity over the past week, as is often the case. Keep yourself informed and ahead of the curve with a curated selection of crucial stories and developments that are most relevant to those engaged in the markets.

blockdag

BlockDAG Redefines Crypto Mining as Presale Tops $18.5M, Outshining Ethereum ETF & Dogecoin Dynamics

The recent approval of the first Ethereum ETF in Hong Kong underscores a significant advancement in the cryptocurrency’s mainstream acceptance. While Ethereum continues to attract institutional attention, the Dogecoin price prediction suggests a possible resurgence, despite its current undervaluation from past highs.

Digital Assets

Bitcoin halving is done: ViaBTC mines historic block 840K

The Bitcoin network has confirmed its fourth-ever halving block, mined by the cryptocurrency pool ViaBTC, according to data from Blockchain.com. This significant event in the Bitcoin ecosystem reduced the mining reward by half, a deflationary measure occurring approximately every four years to control the issuance of new bitcoins and curb inflation.

Retail FX

True Forex Funds now offers Match-Trader and cTrader platforms

Proprietary trading firm True Forex Funds today announced the launch of Match-Trader, a multi-asset trading platform developed by California-based FX technology provider Match-Trade Technologies.

Retail FX

CySEC hits FXORO parent with €360,000 fine

The Cyprus Securities and Exchange Commission (CySEC) has fined MCA Intelifunds, trading as FXORO, a total of €360,000 for multiple violations of the Cypriot investment laws.  

Digital Assets

Binance’s CZ in good mood ahead of sentencing, says partner

Yi He, co-founder of cryptocurrency giant Binance, has shared a positive outlook on the legal situation of the exchange’s former CEO, Changpeng Zhao. Zhao is currently awaiting a sentencing hearing scheduled for April 30 in the United States.

Fundamental Analysis, Tech and Fundamental

Global FX Market Summary: USD, FED, Middle East Tensions April 17 ,2024

The Federal Reserve walks a delicate line, addressing high inflation through a hawkish stance while avoiding stifling economic growth.

blockdag

‘Kaspa Killer’ BlockDAG Goes To The Moon With $18.5M Presale, Draws Attention from AVAX and Kaspa Investors

Discover how ‘Kaspa Killer’ BlockDAG’s $18.5M presale and 400% surge positions it as the fastest-growing crypto, amidst AVAX’s anticipated market rally and Kaspa’s performance gains.

Tech and Fundamental, Technical Analysis

Bitcoin Technical Analysis Report 19 April, 2024

Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 67000.00, top of the previous minor correction ii.

<