Exclusive: Tiago Da Costa Cardoso Returns to INFINOX as Commercial Director

Why It Matters

Cardoso’s industry experience and the new UAE license give INFINOX a competitive edge in a fast‑growing FX/CFD market, accelerating its regional expansion plans.

Key Takeaways

• Tiago returns as Commercial Director.
• INFINOX recently obtained UAE CMA license.
• Focus on commercial structure, scaling, regional expansion.
• Cardoso brings experience from Exinity, HFM, XTB.
• Expansion targets new markets in Middle East.

Pulse Analysis

Tiago da Costa Cardoso’s return to INFINOX arrives at a pivotal moment for the broker. Having spent eight years at XTB and senior business‑development roles at Exinity and HFM, Cardoso brings a deep network of institutional partners and a proven track record of scaling trading platforms. His expertise aligns with INFINOX’s ambition to transition from a regional player to a global contender, especially as the firm leverages its newly granted UAE Capital Market Authority license to tap into the Gulf’s burgeoning retail and institutional demand for FX and CFD products.

The UAE license marks a regulatory milestone, granting INFINOX direct access to one of the world’s most dynamic financial hubs. Dubai’s strategic location, tax advantages, and growing investor base create a fertile environment for fintech expansion. With Cardoso at the helm of commercial operations, INFINOX can now formalize its partner onboarding, streamline onboarding processes, and accelerate product rollout across the Middle East and North Africa. This regulatory endorsement also enhances the broker’s credibility, making it more attractive to liquidity providers and institutional clients seeking compliant, well‑governed counterparties.

Industry observers view this development as a bellwether for the broader FX/CFD sector, where competition intensifies around licensing, technology, and market reach. INFINOX’s aggressive hiring and licensing strategy signals a shift toward consolidation, as firms aim to capture market share in high‑growth regions before rivals solidify their footholds. Cardoso’s commercial leadership is likely to drive innovative partnership models, localized product offerings, and aggressive marketing campaigns, potentially reshaping the competitive landscape and setting new standards for service quality and regulatory compliance in the online trading arena.