Former AvaTrade Executives Launch New Retail FX Broker GoDo
Fazzaco learned that Mohamed Ahmed and Ebieraja Alex, former senior executives at AvaTrade, have launched a new retail FX and CFDs brokerage firm GoDo.
GoDo is a Mauritius FSC regulated entity and will be based in and managed from Dubai. Mohamed Ahmed was CEO of AvaTrade's Dubai based operation for the past two years. Ebieraja Alex was Head Of Business Development for Mr. Ahmed in AvaTrade UAE for the past year and a half.
GoDo is offering trading on the MT4 platform, as well as via ZuluTrade copy trading and RoboX social trading. It will initially focus on the Arabic language trader market, but the company has plans to expand to other markets and jurisdictions, and add additional licenses.
Mohamed Ahmed said: "Since childhood I was always fascinated and passionate about Financial Markets. And throughout my 15 years' of experience in Wall St, Europe and GCC I believe that every trader must get the opportunity to access the market through a broker that really cares about their financial bottom-line. So I decided along with my partners to Co-Found GoDo FX with a mission of opening global markets and the countless opportunities to anyone who is willing to be part of the game. We want our clients to stay with us, therefore we built our business model from clients standpoint by providing them the tightest competitive spreads along with top notch customer support around the clock."
Last month, Fazzaco reported that Farrukh Adeeb, the former Global Head of Business Development at FXTM, has launched a new brokerage firm Inveslo.
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