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.
“We can confirm that Matteo Paganini has stepped down from his role as Group Chief Commercial Officer and CEO of ActivTrades Markets,” an ActivTrades spokesperson told TradeInformer.
“During his time with the company, Matteo made significant contributions to navigating evolving market conditions and supported efforts to expand into new markets while enhancing operational capabilities. We thank Matteo for his contributions and wish him all the best in his future endeavours.”
Paganini has worked in the online trading industry for over two decades.
He started one of the first retail brokers in Italy – Salex- in 2004 before moving to FXCM in 2009. He 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.
“After an intense and rewarding time at ActivTrades, my professional journey with the company has come to a natural end,” Paganini told TradeInformer.
“It has been a dynamic and challenging experience, and I’m proud of what we’ve achieved together — from expanding into new markets to reinforcing the firm’s global presence. I’m grateful to ActivTrades for this period and I’m now focusing on new challenges aligned with my international experience and long-term vision, and I look forward to sharing more in the near future.”
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.