Vantage FX appoints new country manager for Kazhakstan

Karthik Subramanian

Vantage FX, the multi-asset trading platform for retail and professional traders, has announced the appointment of Anton Tsoy as the new country manager for Kazhakstan as the platform begins to expand into this region which is pretty much underserved.

Due to the proliferation of trading platforms all around the world, we have been seeing that many of the FX platforms are looking to expand into different and new regions as a means of getting in more users into the platform. The prime target for this new expansion has been Latin America and Africa in recent times with some other companies trying a different route and finding regions within Europe and Asia that are under served and which can be used to build a sustained client base. Vantage FX has said that Anton would be tasked to build the platform from the ground up as far as Kazakhstan is concerned, understand the needs of the market, and ensure that the right trading products, customized to their needs, reach the traders in this country.

Anton Tsoy, Country Manager for Kazakhstan at Vantage FX, commented: “Since I entered the space in 2011, I’ve had dreams of establishing a new, customer-centric style of brokerage in Kazakhstan. Vantage FX first got my attention for its impressive footprint of global licenses and notable award wins, but what drew me in was how aligned its approach was with my vision. Unlike most brokers in the region, Vantage offers a fully transparent system of interaction with clients. I’m excited to hit the ground running with Vantage and anticipate exponential growth of our local client base over the next couple of years.”

Kazhakstan does not have much by way of trading services or platforms as the industry is under-served and unregulated as well. This makes it a ripe target for trading platforms and as a company that is regulated and licensed in many regions, Vantage FX would expect to have a big advantage as it tries to expand and grow into this market in the future. It would also hope that the high quality of its services and products would enthuse the traders in the country to try out the platform for their trading and is one of the first regulated entrants into the market in the region, it would be expected to have a distinct advantage in the future as well.

 

Read this next

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

<