Exclusive Markets Names Mohamed Elsergany MENA CEO

Mohamed Elsergany Named CEO for MENA at Exclusive Markets

Exclusive Markets has appointed Mohamed Elsergany as CEO for the Middle East and North Africa region. The move places an experienced industry figure in charge of the broker's regional strategy, in a market that attracts both retail and professional traders.

Elsergany joins the Seychelles-based CFD broker from PU Prime, where he held a similar position. Before spending nearly five years at PU Prime, he worked at CJC Markets, Swissquote, FOREX.com, MIG Bank, FX Solutions, and BMFN Prime. His career in the industry spans almost 20 years.

Who Is Mohamed Elsergany?

Mohamed Elsergany brings a career that covers several parts of the financial services industry. His experience includes firms that operate as banks and firms that operate as online brokers, which gives him exposure to different business models and client types.

Working across different firms usually exposes an executive to varied client needs, compliance expectations and operational setups. For a regional leadership role, that background can be useful when adapting services to local requirements.

Industry roles like this one often depend on balancing global group standards with the practical needs of clients in each country. Leaders in this position typically coordinate sales, client services and compliance teams to keep that balance.

Firms in His Career History

• CJC Markets
• Swissquote
• FOREX.com
• MIG Bank
• FX Solutions
• BMFN Prime
• PU Prime, where he spent nearly five years before joining the broker

The list above reflects the firms named in the announcement. Readers who want a fuller picture of an executive's track record can review company announcements and official biographies.

Where the Broker Is Based

Exclusive Markets is based offshore in Seychelles, with most of its management operations in the UAE and Cyprus. This split between a registered home jurisdiction and a separate management base is common in the broker industry.

Offshore registration does not automatically mean the same protections as a tier-one regulator. Traders should read the terms of the entity they actually sign up with, since regulators and protections can differ between group companies.

When a company operates through several entities, the name on your agreement matters. It determines which rules apply to your account, how disputes are handled and which regulator you can contact.

Regulation and Corporate Profile

• Exclusive Markets LLC is regulated by the Seychelles Financial Services Authority (FSA) under license SD031. Exclusive Markets (Pty) Ltd also holds a South African Financial Sector Conduct Authority (FSCA) license, number 51492.
• The company is domiciled in Providence, Mahé, Seychelles. Its management operations are based primarily in the UAE and Cyprus, and its global presence includes Dubai, Pakistan, India, Nigeria, Mexico, Turkey, Vietnam, Kazakhstan, Brazil, and Colombia.

Licence details like these are worth checking yourself. A regulator's public register is the most reliable place to confirm whether a licence is current and which legal entity holds it.

How Licence Details Are Used

A licence number tells you which regulator supervises a specific entity. It does not tell you how the broker treats clients day to day, so it should be one part of a wider review.

Different licences come with different rules on capital requirements, client fund handling and complaints procedures. Reading the terms that apply to your own account helps you understand what is and is not covered.

Understanding the Regulators Named

The Seychelles Financial Services Authority and the South African Financial Sector Conduct Authority supervise financial firms in their own jurisdictions. Each has its own rulebook, so the protections available to you depend on the entity you hold an account with.

About Exclusive Markets

Exclusive Markets is an award-winning, multi-asset online broker with more than 5,000 financial instruments across nine asset classes. Its offerings include forex, indices, equities, commodities, metals, and cryptocurrencies.

Multi-Asset Range in Practice

A broad product list can help traders diversify, but it also means risk varies widely between instruments. Each market moves differently, follows different trading hours and carries different costs.

• Forex: currency pairs, often traded with leverage where local rules allow it
• Indices: baskets of shares that track a market or sector
• Equities: shares in individual listed companies
• Commodities: raw materials such as energy and agricultural products
• Metals: precious and industrial metals
• Cryptocurrencies: digital assets that can be highly volatile

Leverage magnifies both gains and losses. Before trading any product, review the margin requirements, the spreads or commissions and any overnight financing charges that apply.

Why Metals Are Often Discussed by Traders

Precious metals such as gold are often discussed in the context of diversification and market uncertainty, though opinions on their role differ. For background on the concept, read Gold as an investment (Wikipedia).

Metals can still move sharply on economic news, currency shifts and changes in interest rate expectations. Treat any price movement as a reason to review your position size and risk limits.

What the Appointment Means for MENA Clients

For clients in the region, a dedicated regional head can mean clearer local points of contact and service plans shaped around regional needs. For Exclusive Markets, the role also signals a focus on the MENA market within its wider business.

Local clients often look at language support, deposit and withdrawal methods, and the availability of educational resources. These factors can be just as important as headline trading conditions.

Clients should still judge any broker on what they can verify, including licence status, fund handling, execution quality, cost transparency and the clarity of its terms.

How to Check a Broker Before Opening an Account

Whichever broker you consider, including the markets, a short review process can prevent avoidable problems. The steps below are general and apply to any online broker.

1. Confirm the licence on the regulator's public register.
2. Check which legal entity you will contract with.
3. Read the client agreement, including withdrawal and fee terms.
4. Review the full cost structure, such as spreads, commissions, swaps and any inactivity fees.
5. Test the trading platform on a demo account before using real funds.
6. Start with an amount you can afford to lose.

Quick Verification Table

Item	What to look for
Licence	Active status on the regulator's public register
Legal entity	The name on your contract matches the licensed entity
Client funds	Clear information on how funds are held and handled
Costs	A full, published fee schedule
Support	Available languages and contact channels

Related Reading

For more on recent industry appointments in the region, see Tickmill MENA Names Amir Jahanpour as Business Manager, which covers another MENA leadership move.

Frequently Asked Questions

Who leads the MENA region in this announcement?

The announcement names Mohamed Elsergany as CEO for the Middle East and North Africa region. He previously held a similar position at PU Prime.

Where is the broker registered?

The company is domiciled in Providence, Mahé, Seychelles, and its management operations are based primarily in the UAE and Cyprus.

Key Takeaways

The appointment of Mohamed Elsergany as CEO for MENA is the main news here, and it positions him to lead the region's business at the markets.

Check licence details, legal entities and terms yourself before making any decision. Official registers and written agreements are more reliable than summaries, including this one.

Trading CFDs and other leveraged products involves a high risk of losing money quickly, so only trade with capital you can afford to lose.