LiteFinance wins innovative broker categories in Asia and MENA at Global Brand Awards

Rick Steves

“In 2022, we actively developed our business in Asia and the MENA region. I’m proud to know the clients from those regions have highly rated our services. Our user-friendly and easy-to-use web platform, the best trading conditions, and the reliable copy-trading system allow us to expand further. I thank our traders and partners for having chosen our company.”

FX and CFD brokerage LiteFinance has won two categories of the Global Brand Awards, an annual event held by UK-based Global Brands Magazine (GBM).

The awards aim to recognize global brands achieving excellence in performance across a broad range of sectors while keeping its readers updated on key trends surrounding the branding world.

LiteFinance won Most Innovative Regional FX Broker in Asia and Most Innovative ECN Broker in MENA. LiteFinance was evaluated based on Innovation, performance and reliability, according to the announcement.

LiteFinance actively developed business in Asia and MENA in 2022

Jay Reddy, Director at Global Brands Magazine, said: “LiteFinance proved why it is the Most Innovative ECN Broker in MENA and the Most Innovative Regional FX Broker in Asia. With their expertise in innovation, LiteFinance has managed to retain its superior position in the financial industry and has been one of the few brands that have consistently remained an Industry leader despite the ever-changing conditions of the economy.”

Alexey Smirnov, Chief Executive Officer of LiteFinance, commented: “In 2022, we actively developed our business in Asia and the MENA region. I’m proud to know the clients from those regions have highly rated our services. Our user-friendly and easy-to-use web platform, the best trading conditions, and the reliable copy-trading system allow us to expand further. I thank our traders and partners for having chosen our company. The team at LiteFinance will be there for you!”

LiteFinance provides clients with access to liquidity in the currency, commodity, and stock market, as well as cryptocurrencies through CFD products tradeable via popular trading platforms MetaTrader 4 and MetaTrader 5. The broker was founded as LiteForex in 2005 and recently rebranded to LiteFinance.

Ahmed Badr joined LiteFinance to strengthen Business Development

LiteFinance has recently appointed Ahmed Badr as its newest vice president of business development. The veteran executive recently ended a short stint with MultiBank Group where he served as its branch manager in Egypt. Prior to that, he spent seven months as a regional business development manager at easyMarkets in Cyprus.

Other stops within the foreign exchange industry include working as a business development manager for the MENA region at ForexTime (FXTM). There Ahmed was tasked with identifying business opportunities to raise the company’s market share. He also spent nearly two years as a client support manager at ThinkMarkets, according to information made public on his Linkedin profile.

Over the course of his career, which dates back to 2003, additional roles include senior stints at UK-based global broker ICM.com, culminating with the position of its business development manager.

Read this next

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.

Digital Assets

Crypto.com denies setback in South Korean market entry

Crypto.com has refuted reports from South Korean media that suggested a regulatory hurdle might delay its expansion in South Korea.

Digital Assets

Tether expands USDT and XAUT offerings on Telegram

Tether’s stablecoin USDT, which boasts a market cap of $108 billion, has expanded its presence onto The Open Network (TON), a blockchain closely linked to the Telegram messaging app.

Digital Assets

Embrace the New Era: USDt on TON Revolutionizes Peer-to-Peer Payments

The integration of USDt, the world’s largest stablecoin by market capitalization, onto The Open Network (TON) marks an advancement in the realm of digital finance.

Education, Inside View

Charting the Course: Expert Analysis on GBP/USD Signal

The GBP/USD is one of the highly regarded currency pairs in the world of Forex trading, known for being liquid, volatile, and having narrow spreads. Traders Union’s analysis combines the latest economic data, market news, and technical indicators, giving all the insights needed to make informed decisions about trading pounds and dollars.

Institutional FX

Iress’ QuantHouse adds BMLL’s historical order book data

“Across the industry, as sophistication levels increase, the demand for superior quality historical market data is intensifying. Market participants need easy access to global, ready-to-use data to improve their own products and strategies, gain a deeper understanding of liquidity dynamics, and generate alpha more predictably, without the burden of data engineering and infrastructure on their P&L.”

<