Inveslo launches FX gateway for partners in Asia and Latin America

Rick Steves

Inveslo launched the new brokerage to address the explosive demand for trading services experienced throughout 2020. Inveslo aims to provide local partners in Asia and Latin America a way to get their clients into FX trading.

Farrukh Adeeb, the former Global Head of Business Development at FXTM, has launched a new brokerage, Inveslo, and will target the Asian and Latin America markets.

As a specialist in flexible partnership solutions, the firm will deliver services designed to meet the needs of individual introducers, money managers, and educators who want to offer Retail Forex Trading to their clients. Inveslo will operate as a counterparty to the Exinity Group for liquidity.

Offering a comprehensive package of products available in the traditional online format, Inveslo The company aims to position itself as the leading global provider in its genre and has formed its products to reflect transparency, stability, security and reliance, striving to help individuals to experience growth. And with the goal to benefit each client with all the assistance and tools that they require to succeed in the financial world, the company is all set to make its mark in the industry.

Farrukh Adeeb, Founder of Inveslo, commented: “Throughout 2020 we have seen record interest in participation in the financial markets from individuals around the world, and from businesses wanting to earn from providing access to these services. Inveslo is perfectly positioned to serve this need by providing local partners with simple and rewarding ways to get their clients into FX trading.”

Mr. Adeeb spent more than seven years at FXTM, having joined the broker as a Regional Sales Manager first and then as Head of Business Development.

Inveslo plans to open business development offices in the Middle East, Latin America, and Southeast Asia during 2021.

Catering individual clients with dedicated managers, customized packages, and tools that are available for clients from entry-level to professional level, Inveslo will add education programs such as information guides, tutorials and articles.

Being a former head of business development at FXTM, Farrukh Adeeb took matters to his hands and snatched talent from the established broker to his new venture.

Enrico Girotti and Ali M have joined the ranks at Inveslo as Regional Director of LATAM and Vice President of market analysis and education, respectively.

Mr. Girotti was the Regional Business Development Manager with FXTM after working previously at HYCM as an account manager. Mr. Ali was a market analyst at FXTM and has previously worked in similar roles at Alpari and Saham Barez Brokerage.

Inveslo will list more than 300 trading instruments in forex, stock CFDs, commodities, indices and cryptocurrencies.

The most recent addition to the team was Stephanos Aristodemou, who joined the brokerage as Head of Commercial Operations, based in Cyprus.

Read this next

Retail FX

Malaysia regulator exposes OctaFX clone, shady FB profiles

Malaysia’s financial regulator today warned online investors about the risks of following investment tips made on social-media platforms.

Digital Assets

Crypto trading volume spikes at Swiss bourse amid FTX collapse

The shockwaves from the historic collapse of Sam Bankman-Fried’s crypto empire are still being felt across the industry, but some trading venues are actually doing better because of it.

Executive Moves

CMC Markets adds Camilla Boldracchi to institutional sales

UK’s biggest spread better, CMC Markets has promoted Camilla Boldracchi to take on an expanded role within its institutional sales desk.

Institutional FX

FXSpotStream reports $1.48 trillion in monthly volume for November

FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, reported its operational metrics for November 2022, which moved higher on a yearly basis but reflected weak performance across executed trade volumes when weighed against the figures of the prior month.

Retail FX

Interactive Brokers’ client activity drops 30% YoY

Interactive Brokers LLC (NASDAQ:IBKR) saw 1.95 million daily average revenue trades, or DARTS, in November 2022 compared to 1.96 million transactions in the prior month.

Digital Assets

The rise of Crypto ETPs in traditional exchanges as crypto winter deepens

Institutional investors are increasingly looking at traditional regulated exchanges as their first route into digital assets amid market turmoil caused by the crypto winter and the collapse of several big names within the space, including FTX. Acuiti and Eurex surveyed 191 buy and sell-side firms on their views of the digital assets markets in order […]

Digital Assets

TP ICAP’s crypto arm receives FCA’s go-ahead

UK interdealer broker TP ICAP has received a regulatory go-ahead to launch its cryptocurrency services in the UK. The bid shows that the recent collapse of FTX exchange has done little to damp the interest of big names in running their own crypto business.

Industry News

Coin Signals founder to pay $2,847,743 after prison sentence over crypto Ponzi scam

The U. S. District Court for the Southern District of New York has ordered Jeremy Spence, founder of Coin Signals, to pay $2,847,743 in restitution to victims of a fraudulent virtual currency scheme.

Digital Assets

CME Group goes DeFi: Reference rates and real-time indices of Aave, Curve, Synthetix

“These rates are designed to provide traders, institutions and other users transparency and price discovery across a much broader range of tokens, allowing them to confidently and more accurately value cryptocurrency sector specific portfolios and manage price risk around various blockchain-based projects.”

<