Retail FX and CFDs broker AvaTrade has hired experienced industry executive Nir Iter, as Cyprus Business Unit Director for its newly established operation in Limassol.
AvaTrade, operated mainly from Israel and Ireland, does not hold a CySEC CIF license, but subsidiary AVA Trade EU Ltd is regulated by the Central Bank of Ireland, allowing it to operate throughout the EU.
Nir Iter joins AvaTrade after spending the past eight years at leading online broker Exness, beginning as a Senior Affiliate Manager and ending his Exness tenure as Affiliate Commercial Lead. His work at AvaTrade will continue to focus on affiliates, where he will be leading affiliate and partnerships growth for AvaTrade’s Cyprus business unit — working with affiliates, IBs, signal providers, and media partners across global markets.