Exclusive: iFOREX’s iCFD Strengthens Management Team with New Hires

iCFD Ltd., the CySEC-regulated arm of iFOREX’s European operations, which , continues to bolster its group management team in order to drive growth and increase its focus on challenges posed by new requirements of European regulators. The company today announced two strategic new hires, Finance Magnates has learned.
The newly-rebranded FX brokerage firm has brought in Suzi Attal as its new Ma

naging Director. The hire represents the addition of an experienced compliance and operations expert following a lengthy background in various roles with iFOREX for more than 10 years. Suzi is a CPA and previously served with Moore Stephens International, a global accounting and consulting network, for more than three years.
The Cyprus-based company has also stepped up its expansion in the FX institutional space with the hire of Itai Sadeh, who will join the board of directors of iCFD as a non-executive director. Mr. Itai was also a longtime mainstay at iFOREX Group, having worked in several positions, most recently as VP of Corporate Development in charge of all legal and business development affairs of .
The move reflects one of the industry’s veteran retention, with Sadeh collectively working in the financial services space for nearly two decades.
Focus on PoP product
In a statement announcing the appointment, Mr. Sadeh emphasized on the development on the company’s institutional offering. , which was launched more than a year ago, is intended for a client segment that includes mid-sized funds, retail brokers and professional traders, offering prime brokerage services which are no longer being provided by the larger firms.
“I am proud to join Vestle.com’s management and lead the company through the rough waters of the CFD industry and see this new brand grow in recognition and success. I am convinced that the company shall continue to provide its clients with a superior trading experience, backed by enhanced security and protection, as introduced recently by ESMA,” commented Suzi Attal.
Itai Sadeh also noted: “Vestle.com will continue to focus on providing the best trading conditions for its retail clients, backed by the highest standards of compliance. We are also continuing to develop our institutional offering for brokers, with the Group’s bespoke turnkey solution under the iFOREXPrime.com brand, including our proprietary platform and deep liquidity with built-in negative balance protection.”