FNG has learned that longtime Trade Nation executive Lorenzo Patchay has left to join rival CFDs broker Traze, as Head of Sales – South Africa.
Lorenzo Patchay, based in Johannesburg, was with Trade Nation since 2021, serving as Head of Partners Africa. He had also previously worked at Blackstone Futures, Corex, and Sureswipe.
Traze offers online trading services in multiple jurisdictions, and is operated mainly from Dubai. Part of the Zeal Group, the company also holds a South Africa FSCA license, an FCA license in the UK (under the ZFX brand), and operates an offshore entity in Seychelles. Traze and Zeal Group are controlled by Chinese national Yun Chen.
Lorenzo posted the following note on social media regarding his move to Traze.
🌍 Big Move. Bigger Ambitions. 🌍
I’m excited to announce that I’ve joined Traze, part of the global Zeal Group, as Head of Sales for South Africa.
This isn’t just a title change — it’s the start of building something HUGE!
My commitment is simple:
⚡ Deliver a client experience that truly stands out in the market.
⚡ Build trust through transparency and fair trading conditions.
⚡ Create an ecosystem that feels premium, global, and built to last.What excites me most is the energy of the team we’ve already assembled, a mix of sharp young professionals and experienced industry players, passionate and driven to position Traze as one of the major forces in South Africa.
I’m not stopping there! I’m also on the hunt for more sh**-hot talent in the industry, ambitious people who want to be part of building a premier brand!Here’s to the start of a bold new chapter for Traze in South Africa and I couldn’t be prouder to play a role in creating lasting value for our clients and partners. 🥂
