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Exclusive: Mass Staff Exodus and Withdrawal Issues as BDSwiss Claims “Restructuring”

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  • At least ten BDSwiss employees have confirmed that they have left the broker in the past few days, but according to an industry insider, the figure is much higher.
  • “After assessing its global operations, management has decided not to continue operating in certain regions,” BDSwiss stated.

BDSwiss logo on a building

Cyprus-headquartered BDSwiss has witnessed the departure of at least ten employees, including several top executives, in the past few days, Finance Magnates has learned. Additionally, dozens of traders on the platform have raised concerns about withdrawal issues.

BDSwiss Discontinuing Operations in “Certain” Regions

Meanwhile, BDSwiss has confirmed to Finance Magnates that they are restructuring their business and will discontinue operations in “certain geographical regions,” without specifying any jurisdiction.

BDSwiss has made the decision to refocus and restructure its current business,” the broker wrote in a statement shared with Finance Magnates. “After assessing its global operations, management has decided not to continue operating in certain geographical regions. This decision has also impacted the staff at the headquarters.”

Interestingly, the broker secured a new license from the UAE’s Securities and Commodities Authority in the recent months.

Achilleas Achilleos; Source: LinkedIn

The departed employees from the Cyprus offices of the broker include Achilleas Achilleos, the Chief Marketing Officer at BDSwiss; Nicole Heinrich, the former Chief Sales Officer; Marios Morfakis, the ex-Global Head of Sales; Nita Georgiadou, the former Head of Account Opening; and Vanessa Joyce, the former Country Manager. At least one executive from BDSwiss’ Dubai office also left. Finance Magnates confirmed that at least ten people left the broker from its Cyprus and other offices.

There were also some departures among the remote teams of BDSwiss, which include Richard Jones, the broker’s Country Manager for Ghana, and two Market Analysts, Assumang Da-costa and Adnan Rehman, one based in Ghana and the other in Pakistan, according to their LinkedIn profiles.

Finance Magnates confirmed the exit of at least 9 employees, but a source informed the publication that the actual figure is much higher.

Departure of Top Executives

Achilleos was BDSwiss’ Chief Marketing Officer for the past couple of years. His other industry experience includes being the Marketing Executive of Skilling, another CFDs broker, and the Creative Director of ForexTime (FXTM). He also headed the marketing efforts of AGP Law Firm, Impact Tech, and a few other companies.

Nicole Heinrich; Source: LinkedIn

While Achilleos worked for BDSwiss for just over two years, Heinrich separated from the broker after more than eight years. She joined BDSwiss in mid-2016 as the German Account Manager and then climbed the corporate ladder to hold the position of Chief Sales Officer before her departure.

Georgiadou was another long-time BDSwiss employee who separated after almost six years. Morfakis also exited from BDSwiss’ Cyprus office and was the Global Head of Sales for about two years.

BDSwiss Is Facing Withdrawal Issues

Another interesting development is that the Trustpilot page of BDSwiss has received a wave of negative reviews in the last few days. All the complaints are about withdrawal issues traders were facing on the brokerage platform.

Out of the 36 reviews of BDSwiss on Trustpilot in the last 30 days, 31 were negative and related to withdrawal issues.

“It’s been more than a week that I’ve been waiting for a withdrawal. The only thing that support says is, ‘Sorry for the inconvenience, we are processing your withdrawal, we are having technical difficulties,’” one trader from Bolivia wrote on Trustpilot. “You are not a serious broker.”

Another trader from Nigeria wrote: “I think BDSwiss is about to fold up anytime soon because most of the affiliate managers that work with them no longer pick up their calls nor respond to messages.”

Screenshot of a recent BDSwiss review on Trustpilot

BDSwiss continued in its statement: “The industry has been facing challenges in recent months and only the most competitive brokers will survive. As part of its restructuring process, BDSwiss has experienced difficulties with delayed payments and withdrawals. However, all issues are being reviewed and will be resolved. We expect to share further positive news in the near future”.

Contact information:

Website: https://www.financemagnates.com/tag/bdswiss/

https://www.financemagnates.com/executives/moves/exclusive-mass-exodus-and-withdrawal-issues-as-bdswiss-claims-restructuring/



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Press Release

Mowrator Unveils Advanced Cruise Control RC Lawn Mower for Effortless Lawn Care

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United States, 17th Sep 2024, Mowrator, a leader in remote-controlled lawn care technology, has announced the release of its latest product, the Cruise Control RC Lawn Mower. The new lawn mower is designed to streamline the lawn care process through an advanced cruise control feature that allows for precise and consistent mowing.

Mowrator Unveils Advanced Cruise Control RC Lawn Mower for Effortless Lawn Care

This new addition to Mowrator’s lineup addresses common challenges faced by both residential and commercial users, such as maintaining consistent speed and direction across various terrains. The cruise control feature enables the operator to set a steady pace while navigating complex landscapes, making the mower ideal for maintaining large or uneven areas without manual adjustments.

Melanie, Mowrator’s Marketing Director, highlighted the significance of this development. “The Cruise Control RC Lawn Mower brings a new level of efficiency to lawn care. With this product, operators can cover large areas more effectively while reducing the time and effort typically associated with lawn maintenance.”

The mower is equipped with a powerful motor capable of handling a range of terrains, including hills and uneven ground. Its intuitive controls allow operators to manage the mower from a distance, providing flexibility and ease of use. The inclusion of automatic safety features, such as an obstacle detection system and a low-battery warning, adds a layer of security for users during operation.

In addition to its cruise control functionality, the mower offers real-time performance tracking through a mobile application. This allows users to monitor progress and make adjustments remotely, further reducing the need for direct physical interaction with the mower.

The launch of this product underscores Mowrator’s ongoing commitment to innovation in the lawn care industry. The company has consistently worked to improve the usability and functionality of remote-operated mowers, aiming to reduce the physical demands of lawn maintenance for both homeowners and professionals.

Mowrator Unveils Advanced Cruise Control RC Lawn Mower for Effortless Lawn Care

Looking ahead, Mowrator plans to continue developing new products that push the boundaries of remote-controlled lawn care. Melanie commented on the company’s future direction: “Mowrator is focused on expanding its product capabilities through increased automation and intelligent systems. Future advancements will include integration with GPS technology and further enhancements in hands-free operation.”

The Cruise Control RC Lawn Mower is currently available for pre-order through Mowrator’s website, with full availability expected in the coming months. More details, including pricing and specifications, will be released soon.

For additional information about cruise control rc lawn mower, please contact by phone at +1 (562)-568-8868 or via email at partnership@mowrator.com.

Media Contact

Organization: Mowrator

Contact Person: Melanie

Website:

https://mowrator.com/

Email:

partnership@mowrator.com

Contact Number: 15625688868

Country:United States

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Press Release

Notions Design Showcases Top Brand Designers in Perth

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Australia, 19th Sep 2024, Notions Design, a well-regarded branding agency based in Perth, Western Australia, has announced its focus on showcasing the expertise of its top brand designers. The agency, known for its creative approach to branding and design, continues to contribute significantly to Perth’s design industry, providing businesses with branding solutions aimed at strengthening their market presence.

Notions Design Showcases Top Brand Designers in Perth

The firm specialises in creating distinctive brand identities that help companies stand out in a competitive landscape. By developing strategic visual concepts and cohesive brand elements, Notions Design supports businesses across various sectors, helping them engage effectively with their audiences through design.

According to Wayne Curtis, owner of Notions Design, “The role of branding in business is more important than ever. A well-crafted brand identity allows businesses to communicate their values clearly and effectively. At Notions Design, the focus has always been on providing strategic, thoughtful designs that help clients connect with their audiences.”

Notions Design provides a full range of branding services, including logo development, corporate branding, and visual identity creation. The team’s collaborative approach ensures that each project aligns with the client’s vision, delivering designs that reflect the unique values and personality of the business.

Notions Design is committed to staying ahead of trends and continually refining its design processes. Each designer on the team brings a distinct creative perspective, allowing the agency to offer fresh and innovative branding solutions. This diversity has led to successful partnerships with both emerging businesses and established organisations.

As digital platforms become increasingly vital for businesses, the demand for strong, consistent visual branding is rising. Notions Design addresses this need by delivering designs that perform well across both digital and traditional platforms, ensuring that branding remains effective regardless of the medium.

Notions Design Showcases Top Brand Designers in Perth

Looking ahead, Curtis noted that Notions Design intends to continue evolving its services. “The goal is to expand the team reach and begin working with more international clients, offering branding solutions that are relevant to the global market. By staying at the forefront of design trends and technology, Notions Design is committed to helping businesses succeed in an increasingly competitive environment.”

Notions Design’s ongoing commitment to innovative branding solutions has positioned the firm as a leader in the Perth market. By continually refining its approach to design and incorporating client feedback, the agency aims to set new standards in the local and global branding landscape.

For additional information about brand designers Perth, contact Notions Design, at 0413 866 379 or via email at wayne@notionsdesign.com.au. Notions Design is located at 11 Meek Court, Gosnells, Western Australia 6110.

Media Contact

Organization: Notions Design

Contact Person: Wayne Curtis

Website:

https://www.notionsdesign.com.au/

Email:

wayne@notionsdesign.com.au

Contact Number: 61413866379

Address:11 Meek Court, Gosnells

Address 2: Western Australia 6110

Country:Australia

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Press Release

Align Health Collective Unveils New Physiotherapy Services in Graceville

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Australia, 19th Sep 2024, Align Health Collective, a respected provider of healthcare and rehabilitation services in Brisbane, has introduced a new range of physiotherapy services at its Graceville location. This expansion is in response to the growing demand for professional physiotherapy care in the area and aims to improve access to treatment options for local residents.

Align Health Collective Unveils New Physiotherapy Services in Graceville

The Graceville facility offers a variety of physiotherapy treatments, including musculoskeletal therapy, post-surgical rehabilitation, sports injury management, and support for chronic pain conditions. These services are designed to assist individuals in managing pain, improving mobility, and facilitating recovery from injuries or surgeries.

The physiotherapists at Align Health Collective create tailored treatment plans based on the specific needs of each patient. These plans focus on identifying and treating the underlying causes of pain or injury, rather than simply addressing symptoms. By combining clinical expertise with evidence-based methods, the Graceville location is equipped to provide care that supports both immediate recovery and long-term physical health.

Chalerm Tuantab, spokesperson for Align Health Collective, commented on the significance of the new service, stating, “The addition of physiotherapy services in Graceville reflects the ongoing commitment to delivering high-quality care to communities across Brisbane. The need for accessible rehabilitation services continues to grow, and the team at Align Health Collective is dedicated to providing solutions that help people improve their mobility and manage their health.”

The Graceville clinic also prioritises injury prevention and education. By offering personalised exercise programs and guidance, the clinic aims to help patients build strength, enhance flexibility, and reduce the likelihood of future injuries. This approach is in line with Align Health Collective’s broader objective to support long-term health and wellness, not only treating existing issues but also encouraging sustainable physical well-being.

Align Health Collective Unveils New Physiotherapy Services in Graceville

In addition to providing immediate care, Align Health Collective has plans for further expansion in the near future. The organisation seeks to offer more locations across Brisbane, broadening access to physiotherapy services. The focus remains on ensuring that individuals from various communities have the resources needed for effective rehabilitation and preventative care.

“The team see this expansion as an important step towards future growth,” Tuantab continued. “Align Health Collective remains committed to incorporating the latest advancements in physiotherapy to benefit more patients. Future plans will continue to prioritise accessible, high-standard care, allowing to support even more individuals in managing their health.”

With the introduction of these services, Align Health Collective aims to make a positive impact on the healthcare landscape in Brisbane. The new Graceville facility is part of the organisation’s long-term strategy to expand its presence while maintaining a high level of care for those seeking physiotherapy treatment.

For more information about the new Align HC — Physio Graceville, contact the team by phone at (07) 2103 3978 or email at hello@alignhc.com.au or visit the clinic at 1/49 Station Rd, Indooroopilly, QLD 4068.

Media Contact

Organization: Align HC — Physio Graceville

Contact Person: Chalerm Tuantab

Website:

Physio Graceville

Email:

hello@alignhc.com.au

Contact Number: 61721033978

Address:1/49 Station Rd

Address 2: Indooroopilly, QLD 4068

Country:Australia

The post Align Health Collective Unveils New Physiotherapy Services in Graceville appeared first on
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