FNG Exclusive… FNG has learned that the senior management changes at Dubai based CFDs broker GTCFX are continuing.

Departing the company is Deepak Stephen, GTCFX’s Chief Strategy Officer (CSO). Deepak was named CSO about a year ago, after initially joining GTCFX in early 2024 as Head of People Operations. Deepak also previously spent three years at broker tech and liquidity solutions provider B2Broker.

The changes are happening under new GTCFX CEO Charbel Raffoul, who joined the company earlier this month from ATFX. Other changes include the addition of Abdelrahman Al Ali (from UAE regulator CMA) as General Manager, and another ATFX executive, Raechel Rose, as Head of Compliance. FNG has also learned that another ATFX MENA compliance officer, Gaelle Nammour, has joined GTCFX as Raechel’s Deputy MLRO.

About GTCFX

GTCFX is part of the GTC Group, which operates a number of CFDs trading brands including ASIC licensed GTC Global Australia Pty Ltd, UAE CMA regulated GTC Financial Consultancy LLC, GTC Global SA (Pty) Ltd in South Africa, and offshore entities in Comoros, Mauritius and Vanuatu which operate the gtcfx.com website. The GTC Group is controlled by Managing Partner Pingfu (Jack) Zheng.