The founder of two of the biggest brokerages in Europe shares his thoughts on the industry in 2018.
Last year brought a step forward for a number of major brokerages in the industry, and the upcoming regulatory changes in the EU have spurred a lot of M&A talk. But as volatility picks up materially, we might see a shift in the acquisitions landscape, as brokers focus on the opportunities that the current market environment presents.
You are the man behind the established Andrey & Julia Dashin’s Foundation in Cyprus. What is the philosophy of the Foundation and in what ways have you contributed to the local community and society?
In our interview with Andrey Dashin, owner and founder of Alpari and FXTM, he spoke to us about the history of his companies’ success, their current projects, the secrets of good management and various approaches to running a business.
More than four years ago, Gold spoke for the first time to Andrey Dashin, Chairman of the Board and owner of the Alpari brand, founder of ForexTime (FXTM), and a Director of the Alpari Charitable Fund and of Andrey & Julia Dashin’s Foundation. A new interview with the high-profile Russian businessman and philanthropist was well overdue. Below, you can read his views on how his life and work have progressed since his first appearance in the magazine.
For anyone driving past the Polemedia roundabout, the FXTM Tower stands out as one of the most beautiful and dominant buildings. The man behind it all is none other than the renowned Russian business entrepreneur and philanthropist, Andrey Dashin.
As one of the founding members of the Alpari brand, Mr. Dashin used his expertise and industry insights to create ForexTime. Founded in 2012, the broker quickly became a brand of its own, FXTM, known across the globe but headquartered in Limassol.
Mr. Dashin, recently the decision of SNB (Swiss National Bank) to remove the franc’s ceiling over the euro splurged a crisis in the forex world and led to Alpari (UK) Ltd incurring heavy losses, leading to Alpari (UK) Ltd Board of Directors putting the FCA regulated entity into administration. As one of the shareholders in Alpari (UK) Ltd how do you comment on these recent developments?
Two years after the haircut in March, 2013, all restrictions on the movement of capital have been lifted. What does this mean for a foreign investor?
Certainly the consequences of the haircut, including the restrictions on capital movement, complicated business transactions and created barriers for potential foreign investors. However, it is my belief that any measures taken will ultimately help the Cyprus economy to become stronger. Cyprus has always been a very attractive place for investments and I think that this can only be perceived as a positive development which translates to the reestablishment of stability and steady return to normality. I have to admit that for me as an investor it is a great pleasure to see how quickly the country I chose as my business base rebounded and is getting back on track.
With Cyprus being included in a list of emerging tech hubs, Andrey Dashin, founder of ForexTime Ltd (FXTM), Chairman of the Board of Directors and shareholder of the Alpari brand, discusses how start-ups can help boost the economy of the country.
Andrey Dashin is the founder of ForexTime Ltd (FXTM), Chairman of the Board of Directors and shareholder of the Alpari brand. Drawing from his 16 years of experience as a businessman, he advises readers on how to deal with failure and turn it into success.
Andrey Dashin is the founder of ForexTime Ltd (FXTM), Chairman of the Board of Directors and shareholder of the Alpari brand. He shares his views on the skepticism surrounding the use of Social Media in the financial industry and tells us how he thinks Social Media can be exploited to its fullest.