Libertex is a multinational CFD and cryptocurrency dealer. Its complete funding platform gives 213 tradable property to 2.2 million shoppers throughout 40 international locations, and has gained over 30 worldwide awards. Marios Chailis, Chief Marketing Officer for Libertex Group, introduces the corporate and platform, and explains how Libertex is working with regulators to make sure it’s providing worthwhile and reliable companies to its shoppers. You may watch the opposite half of this interview, the place he dives into Libertex’s cryptocurrency providing.
World Finance: Marios, introduce us to the corporate behind these numbers.
Marios Chailis: Thank you Paul. So, Libertex was established greater than 20 years in the past. We function in a number of jurisdictions, primarily in Europe, Latin America, and Asia.
The firm has been having fun with super development over the past a number of years. We’ve invested so much in our in-house know-how, creating our personal functions and buying and selling platforms, which is one thing that enabled us to type of stand out from a crowded market. And I wish to suppose supply a greater product to the numerous merchants who select to work with us.
World Finance: As you say, it’s an extremely crowded market; is the platform what actually units you aside?
Marios Chailis: Well it’s undoubtedly one of many foremost issues. Credit is because of our founder – he recognized that cellular buying and selling is the way in which to go. So we invested an amazing sum of money and analysis into creating our cellular buying and selling functions. And we had been, I might say, one of many pioneers of on-line cellular buying and selling.
Obviously you possibly can commerce any form of CFD, foreign exchange, cryptocurrencies; however we’re actually strengthening our indices providing proper now. We’re additionally wanting into entering into shares, equities, conventional equities. And we’re discussing a number of joint ventures with some excessive profile companions that sadly I can’t title proper now! But: very thrilling issues are on the way in which.
World Finance: Now I discussed that you’re out there throughout 40 totally different international locations; how are you working with regulators to just be sure you’re providing worthwhile and reliable companies to your shoppers?
Marios Chailis: Well, the business has modified fairly a bit over the previous couple of years. Starting with Europe, ESMA launched so much stricter pointers about how monetary service corporations must function.
We’ve taken that at coronary heart and we positioned regulation and compliance as one among our primary priorities. So throughout Europe and all our different entities worldwide, we attempt to adhere to the strictest regulation – even within the locations the place the native regulation is extra lax.
So, all our KYC checks, all our compliance strategies, even our again workplace groups; all of them undergo the identical degree of due diligence as our most regulated entities.
We perceive that the business goes to move in that path globally, finally – following the instance set by ESMA in Europe. We’re actually, actually pushing for that, and it’s one thing that we welcome.
We fell it’s going to filter out a few of the outfits which are much less reliable! And permit corporations like ours to shine, and proceed offering the service that we attempt for.
World Finance: And what would you say is most essential among the many companies and assist that you simply supply to your prospects?
Marios Chailis: You know, we put loads of emphasis on training. It’s one of many issues that actually units us aside. We have an amazing crew that works 24 hours a day to provide superb content material with regard to training, coaching seminars, webinars, every kind of fabric that our merchants discover very fascinating, and actually helps them place themselves higher earlier than they begin buying and selling.
So we prefer to maintain them from the second they open their buying and selling account, and ensuring that they’re as educated as attainable earlier than they place their first commerce.
World Finance: Marios, thanks very a lot.
Marios Chailis: Thank you.