HFM Strengthens MENA Presence with New Senior Business Development Hire

Retail FX and CFDs broker HFM, also known as HF Markets and formerly HotForex, has appointed Dubai-based industry executive Ahmad Qutaishat as Senior Business Development Manager.

Ahmad Qutaishat joins HFM from ATFX, where he served as Vice President of Sales for ATFX MENA. His professional background also includes previous roles in various sales and customer support capacities at VT Markets and Equiti. This latest appointment aligns with HFM's recent efforts to bolster its presence in the Middle East and North Africa (MENA) region. Earlier this year, the company notably hired Hayel Abu-Hamdan, a long-time senior executive from Hantec Markets, as its Chief Commercial Officer.

HFM rebranded its retail brokerage operations from HotForex to HFM in 2022. The group operates several regulated entities, including CySEC-licensed HF Markets Europe Ltd (hfeu.com), FCA-regulated HF Markets (UK) Limited, Dubai DFSA-licensed HF Markets (DIFC) Ltd, and FSCA-regulated HF Markets SA (PTY) Ltd in South Africa. The group also maintains an offshore entity, HF Markets (Seychelles) Ltd, operating under the website hfm.com.