Israeli FX Veteran Ben Richter Joins ClickaCRM as its CEO


Ben Richter who has been active in Israeli FX community for more than a decade now recently joined ClickaCRM as its CEO. While Ben has been a part of ClickaCRM since February 2019, the move was made public via LinkedIn recently. Ben has been migrating within the Israeli FX space looking for a suitable place to settle down for the last year. In early 2018, Ben resigned from his role as Head of global sales at Leverate where he had been working for more than two years and went on to become Head of EuropeFX’s Australian operations. However, Ben resigned from EuropeFX towards the end of 2018 post which he has now settled at ClickaCRM a call center solutions provider where he has been Chief Executive Officer for the last four months.

Ben has had vast experience in the Forex market, having served clients from both Israeli and international market. Ben Richter spent a major part of his decade long career as a part of FXCM family having held various roles in the FX brokerage service provider’s Israeli office. During his seven-year-long tenure at FXCM, Ben started out as Sales manager and went on to become Head of FX Institutional Desk and was Vice President of sales and operations for their binary options program by the time he resigned from FXCM back in December 2015. During his 2½ years long stint at Leverate, Ben served as Head of Institutional Sales for a period of 1 year and 8 months. The Israeli market is currently seeing an increase in Fraud allegations when it comes to Forex related call centers.

Many regulatory authorities across Europe have already received an increasing number of complaints on fraudulent trading practises found in the Israeli market. Major part of these complaints are from firms dealing with binary options, and complaints hint at deceptive practises such as falsified names and location details, rigged trading platforms and refusal of clients request for withdrawal of their funds. It should be noted that owing to issues stemming from Israeli market and the mutual contract between Cyprus and Israel, the Middle Eastern country has agreed to shut down all existing call-centers which supported brokers under CySEC regulation back in 2017. This has resulted in many forex and binary options companies which operate out of Israel to outsource their call center, software development, and marketing operations to clients from other countries.

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