Hugo Cano, an experienced professional in the FX industry, has been appointed as the Business Development Manager for Fortune Prime Global (FPG), an ASIC-regulated multi-asset broker. Cano’s primary responsibility will be to expand FPG‘s client base in the Spanish-speaking regions of LATAM and Spain, working alongside the existing teams in Europe and South East Asia.
This appointment follows FPG‘s recent acquisition of GMT Markets, a CFD broker regulated by ASIC. Cano unloads his experience from his previous roles at BDSwiss, Black Tango, and FOREX.com.
Between Oct 2021 and March 2022, Hugo Cano was a Sales Account Manager at BDSwiss, the notorious CySEC-regulated CIF, his LinkedIn profile informs. He was tasked with expanding the LATAM market and allegedly ensured compliance with BDSwiss‘s guidelines. This is rather not a good reference, as BDSwiss has been building a reputation of systematically circumventing compliance rules with offshore brokers for years. Therefore, BDSwiss was also banned by the FCA for the UK market and most recently also penalized by CySEC.
Before BDSwiss, Cano was an Account Manager of Sales & Retention at FOREX.com, where he managed the broker’s CRM, retained clients, and built relationships. His most recent role was at Black Tango, a boutique asset management firm, where he developed the Spanish and LATAM markets.
