FNG Exclusive… FNG has learned that FX and CFD brokerage holding company Rostro Group has made some more changes to its management C-Suite, promoting Mitesh Vaghela to the position of Chief Operating Officer (COO).

Mitesh Vaghela joined Rostro Group in 2022 in London, as was also exclusively reported at the time here at FNG, as Chief Product Officer. He was named Chief Business Officer at Rostro in 2024. Prior to Rostro, Mitesh served as Director of Product at Equiti Capital, the FCA licensed arm of Equiti Group, from 2018-2021. He had also previously worked at a number of Retail and Institutional FX/CFD firms, including GKFX, London Capital Group, Integral Development, Alpari UK, and City Credit Capital, dating back to 2005.

Rostro’s previous COO, Saul Knapp, transitioned last year to Rostro’s offshore brokerage arm Scope Prime, as Managing Director – Futures and Options.

Last year we reported another senior management shuffle at Rostro, ahead of a planned expansion by the company into payments and crypto.

About Rostro Group

Rostro Group was founded in 2020 by former ACM/TradeTech (now Finalto) executive Roger Hambury, with ambitions to acquire and grow out companies in the Retail FX, CFDs, and crypto trading sector. The company closed its first acquisition in 2023 buying CySEC-licensed broker Scope Markets, and also operates the Scope Prime offshore brokerage brand.