Hantec Markets’ Hayel Abu-Hamdan talks about the expansion in Latin America, market expectations for 2023 and more about LeapRate

LeapRate Interview… We caught up with Hayel Abu-Hamdan, Chief Commercial Officer at Hantec Markets, and discussed the forex and CFD broker’s recent expansion in the Latin American region, its future growth plans in emerging markets such as Asia and Africa, and the company’s expectations for 2023.

In the early 2000’s, Hayel started his career in the forex industry at HiFX. In 2002 he joined the Rosenthal Collins Group where he helped develop and implement business direction and strategy in various regions. In 2007 he joined MIG Investments Switzerland where he successfully positioned the company in the global foreign exchange market resulting in significant growth of the company’s client base. In addition, he played an integral role in the administration and execution of the MIG BANK license. In 2010, Hayel became Chief Operating Officer at Hantec Markets and later assumed the role of Chief Commercial Officer where he played a key role in expanding the group’s customer base and driving growth in several key markets.

LR: Hi Hayel, thanks for joining us today! Can you tell something about Hantec Markets and the people behind it?

Hayel Abu Hamdan: Hantec Markets is a global provider of online trading with 33 years of experience, offering a bespoke service based on the unique needs of our clients.

The people behind Hantec Markets have over a hundred years combined experience in the industry. Hantec Markets is by traders for traders. We are passionate about what we do and how we can positively impact our customers’ trading. Our leaders are industry veterans who are still traders at heart at the end of the day. They have the necessary knowledge and skills to provide our clients with an unparalleled trading experience.

LR: What is Hantec Markets focused on?

Hayel: Hantec Markets is a customer-centric company. Our main priority is to provide our customers with the products and services that empower their financial freedom. By providing the latest technology, supporting you throughout the onboarding process and focusing on user experience, we ensure your trading experience with Hantec Markets is unparalleled. We offer our clients access to educational materials to help them become financially independent. We constantly strive to stay relevant by investing in our infrastructure and IT and implementing strategic expansion plans that put our customers at the heart of everything we do.

LR: Hantec Markets expanded in LATAM last October with a new office in Chile. What does this mean for the company?

Hayel: Our expansion into LATAM is the latest example of our company’s continued commitment to develop as a global brand and expand into markets where we can educate and support those who want to take charge of their financial future and freedom. We are expanding into LATAM to better serve our current and growing customer base. Having an office in local time zones with teams that speak the local language is key to building trust with our customers. We have recently hired our LATAM Regional Manager who came to us from a senior position at Banco Santander and will support our client relationships. Chile has experienced a fintech boom in recent years, so relocating to one of the region’s leading financial hubs was just the ticket for us.

LR: We understand that you are planning further expansions, tell us more about it.

Hayel: We are constantly looking for and analyzing opportunities for further expansion. We currently have a team conducting research in various regions including Asia and Africa, where we believe our customer-centric approach and 33-year heritage can provide us with the foundation for solid growth.

LR: 2022 was a volatile year with challenging market conditions, what do you expect for 2023?

Hayel: While 2022 brought volatility to global markets, it also presented traders with opportunities to capitalize on such moves. In 2023, we expect traders to evolve and change their trading strategies as markets fluctuate. We believe precious metals will be of interest, particularly gold as a safe haven asset. Due to macroeconomic and geopolitical conflicts, the landscape has constantly changed. Combined with new emerging technologies, this has created a perfect landscape for traders to test new strategies. Additionally, due to market movements, investors have attempted to diversify their portfolios to include safe haven assets such as gold, the US dollar and the Swiss franc. We have observed increased trading activity by our clients in these assets and believe this will continue into 2023.

These expectations complement the ongoing growth trend in emerging markets such as Asia and Africa. This rapid growth makes it even more important to continue offering education in these markets.

LR: What can we expect from Hantec Markets in the near future?

Hayel: As a customer-centric company, we strive to provide our customers with the best tools to enable financial freedom. With this in mind, we have a number of things up our sleeve for the coming year that our customers will benefit from. One thing we are developing is a mobile application and website so our clients can trade on the go. We are also committed to launching new products and tools that help increase liquidity pools. Additionally, we look forward to expanding our partnership with the Moneygram Haas F1 team.

Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers