Trading.com’s US Chief Søren Haagensen Moves Into Non-Executive Seat
Søren Haagensen, the foreign-platform executive who ran Trading.com’s U.S. business through licensing and launch, has moved to the board as a non-executive director, according to his LinkedIn profile.
The change in November 2025 follows more than three years in the top job, during which Trading.com Markets Inc. operated as a CFTC-registered Retail Foreign platform Dealer and National Futures Association member inside the U.S. retail-FX regime.
Trading.com is the U.S. brand within the Trading Point/XM group, a retail brokerage network with regulated entities in the U.K., European Union and Australia. The American arm sits under the and NFA conduct rules that govern leverage, marketing, disclosures and capital for firms serving U.S. retail clients. Public FDM materials list New York business addresses and outline the broker’s policies on pricing, execution and complaints—standard fare in a market where only a small cohort of RFEDs and FCMs is active.
Haagensen’s move caps a two-stage build. Between 2019 and 2021, Trading Point prepared the ground to bring the Trading.com brand into the United States, applying for permissions and laying out the compliance framework. From 2022, Haagensen—first as and then as chief executive—oversaw live operations, platform rollout, and the grind of day-to-day supervision under CFTC/NFA oversight. A board-only role now places him in governance and strategy, while day-to-day execution passes to line management.
The timing aligns with a business cycle familiar to U.S. retail brokers: secure the license, stand up the tech stack, harden risk and surveillance, then concentrate on scale and service. Trading.com’s materials pitch a partner/introducing-broker program, while the revenue engine rests on spreads, markups and, where applicable, commissions—economics that depend on client acquisition costs, spread competitiveness and platform reliability.
Haagensen’s resume reads like a map of e-trading infrastructure. He spent roughly two decades at Société Générale, rising to managing director and leading e-commerce FX in the Americas, a role at the intersection of sales, trading and platform build. He then moved to Integral, a supplier of FX aggregation and workflow systems to banks and brokers, and later to smartTrade, another core vendor in pricing, routing and order management. That vendor-bank blend tends to produce leaders who know where latency hides, how liquidity behaves across venues, and what clean audit trails look like—useful traits for an RFED where sit close to the screen.
The group architecture around Trading.com remains a key piece of the story. Trading Point runs multiple brands across jurisdictions, including XM, tailoring leverage, product lists and client protections to local rules. That hub-and-spoke model lets the group reuse technology and education content while keeping legal entities ring-fenced for supervisors such as the U.K.’s FCA, Cyprus’s . In the United States, though, product scope is narrower and leverage is lower than in many offshore venues, which raises the bar on unit economics but can reward firms that build durable client relationships and keep complaint ratios low.
The personnel news also lands in a year when to watch marketing claims, social-media funnels and copy-trading features more closely. Firms that can show clean supervision, straight wording in risk warnings, and timely handling of client issues generally find life easier with the NFA’s audit cadence.
