Ex-Admirals Exec Bartosz Bielec Introduces New FX/CFD Trading Brand

Bartosz Bielec, a Forex market veteran with nearly two decades of experience, has launched a new retail FX/CFD trading company named Prime Quotes. The company is also working on launching its own cryptocurrency trading exchange.

Prime Quotes is registered in the offshore jurisdiction of Saint Lucia and has obtained its initial license there. Just a month ago, the company became an authorized Financial Services Provider (FSP) with the Financial Sector Conduct Authority (FSCA) of South Africa, allowing it to expand its offerings on the continent. Prime Quotes has also recently received an Investment Dealer License from the Financial Services Commission of the Republic of Mauritius (FSC) and is preparing to enter the Asian market.

Bartosz Bielec commented, "Africa is a very interesting and demanding market. Since our team has significant experience there, we decided to operate in it from South Africa. This allows us to cover both English and French-speaking countries."

Regarding the Mauritius license, he explained, "We hold a license in Mauritius, which we intend to leverage for the Asian markets. In the near future, we plan to acquire additional licenses - one in Europe and one in Asia. We are strongly considering an Australian license as well."

However, Bielec emphasized that the company intends to complete its ongoing cryptocurrency trading program before expanding its geographical presence, as this business will become a significant part of Prime Quotes.

Bielec has extensive leadership experience in the forex trading industry. According to his LinkedIn profile, he joined the well-known trader Admiral Markets (now Admirals) in August 2008 as the CEE and CIS Director and later served as a Board Member from January 2010 until his departure in February 2015. Between June 2015 and December 2018, he worked at Alpari, another reputable broker, holding positions such as Chief Commercial Officer, Board Member - Alpari Europe, and Head of International Partnership.

In recent times, more industry veterans have been venturing into creating new brands. Two months ago, former oneZero executive Louay Amhaz​ established a new company called LP Prime, focusing on FX and CFD liquidity. Former Spotware Systems executive James Glyde​ has also launched a proprietary trading brand named PipFarm.