TradeInformer understands that Matteo Paganini has left his role at brokerage group ActivTrades.
Paganini joined the broker at the end of 2023 as Group Chief Commercial Officer and has been based in the company’s UK headquarters.
He was also made CEO of the group’s entity in Mauritius, ActivTrades Markets, in November of last year.
Paganini has worked in the online trading industry for almost two decades.
He got his start at retail broker FXCM in 2009 and worked at the firm for close to 10 years, ultimately becoming the company’s Managing Director for Spain and Italy.
After leaving FXCM in 2019, he moved to Pepperstone, where he also oversaw the company’s activities in Spain and Italy.
He worked at the Aussie broker for almost four years, before joining Admirals at the start of 2023. After a bring stint there, he moved to ActivTrades in November of the same year.
ActivTrades has continued to maintain a regulated presence in the UK and Europe, unlike many other brands who have moved offshore since 2018.
The company is also one of the only brokers to have a regulated entity in Brazil, a market where it appears to be doing a large amount of business today.