XTB MENA, the Middle East business of Warsaw-based X Trade Brokers, has appointed Hani Abuagla as its new senior market analyst. He joins the group with immediate effect, citing a company statement.
Hani brings more than 13 years’ experience in the FX and CFD markets and has worked with both institutional clients (with a focus on sales) and retail clients (with a focus on providing market analysis). He started his career in 2020 at VIPCapital, an investment banking firm in Venezuela with a presence in the Mercosur, Andes, and Central America and the Caribbean markets. Based in Malaysia, he spent there more than five years in various roles including as client relationship manager and sales executive.
Hani lands at XTB MENA coming from Australia-headquartered FX broker AUS Global, where he spent a short stint as chief market analyst. Prior to that, he was head of market research at popular UAE investment publication AswagAlmal.com, where he was responsible for supervising the production and editing of all market related reports and updates.
As an analyst, educator and trading coach, Hani has been delivering detailed, high-quality market analysis on a regular basis to active traders around the world. In his new role at XTB MENA, he will help focus on augmenting the broker’s market information capabilities, specifically in relation to clients, while also generating a diverse blend of market reports, updates, and analyses for the company’s overall clientele.
Nadhir Ninouh, Director of Marketing and Digital Innovation at XTB MENA, commented on Hani Abuagla’s arrival: “At XTB, we have always strived to provide our clients with exceptional investing experiences backed by insightful analysis. Hani’s addition to our MENA team aligns perfectly with our commitment to delivering the highest quality services to our investors, partners and stakeholders. He will regularly be representing our brand in Tier 1 finance media and his expertise will undoubtedly elevate our market analysis efforts and assist our clients in achieving their investing goals.”
XTB kicked off its operations in the Middle East region in October 2021, barely nine months after it received the required approvals from the nation’s regulators. Called ‘XTB MENA Limited,’ the subsidiary secured a license from the Dubai Financial Services Authority (DFSA) after it incorporated its new subsidiary in the Dubai International Financial Center (DIFC) in January 2021.
XTB MENA provides traders from the region with over 1900 instruments including Forex and CFDs, available through its proprietary trading platform, xStation, and popular MetaTrader.