Exclusive: Capital.com hires former IG and CMC senior analyst David Jones


LeapRate Exclusive… LeapRate has learned that recently-launched Cyprus based Retail FX and CFDs broker Capital.com has hired a very recognizable name and face in the Forex world as its new Chief Market Strategist, David Jones.

David Jones was the senior market analyst and ‘face of the firm’ for nearly a decade at two of London’s premier online trading firms, IG Group (from 2007-2013) and CMC Markets (2005-2007). However after leaving IG nearly five years ago he has worked independently, doing everything from continuing to cover the currency markets via his still-popular Twitter feed @JonesTheMarkets (with more than 20,000 followers), to making educational videos for other Retail FX brokers.

His hiring marks a reunion of sorts for Mr. Jones with newly installed Capital.com CEO Ivan Gowan – the two worked together for a number of years at IG. Both men will be based in the company’s London office.

Capital.com initially launched as a mobile trading focused broker, but has also added a web platform. The company has a clear mission to bring on board novice / new traders, recently announcing the launch of an educational app, Investmate, which provides training for new and budding traders, allowing them to learn the basics of finance on the go. The app delivers an expansive range of introductory trading courses on financial instruments, derivatives and CFDs, as well as a course on understanding the risks of trading.

Capital.com is the operating name for CySEC licensed CIF Capital Com SV Investments Ltd, which received its CySEC license last April. As was exclusively reported at LeapRate, Capital.com raised $25 million from investors Larnabel Ventures and VP Capital before going live last summer. VP Capital is a tech and real estate investment company founded and run by Belarusian online entrepreneur Viktor Prokopenya. Larnabel Ventures is the investment arm of the Gutseriev family, one of Russia’s wealthiest business families. Capital.com is one of several tech related investments Larnabel has made alongside the London / Minsk based VP Capital. The company used $1.5 million of those funds to pay for the capital.com url.

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Exclusive: Capital.com hires former IG and CMC senior analyst David Jones

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