Victor Zachariades, CEO of Cyprus based retail and institutional broker TopFX, has announced that he is leaving the company to return to BKR44, the advisory firm he founded several years ago. BKR44 provides a variety of services to Brokers and Prop Firms, focusing on Dealing and Risk solutions.

We understand that TopFX is in process of searching for a replacement for Victor as CEO.

Victor Zachariades joined TopFX as CEO in 2024. He was previously Managing Director EU (in Cyprus) for Australia based Retail FX and CFDs broker Pepperstone from 2019-2022, and spent some time at crypto trading platform provider Alpaca heading Alpaca’s Cyprus operation, before setting up BKR44. Victor has also worked at Libertex Group, FxPro, and TFI Markets, and served as a Director on the board of Go Markets Cyprus.

Victor posted the following note on LinkedIn explaining his decision.

A couple of updates from my side, to share with friends and connections.

I’m returning full time to BKR44, the company we founded, which turns five in just two months.

I’ll continue to support TopFX and the new CEO through the transition until the regulatory handover is complete, but my focus is now on building the next stage of BKR44.

BKR44 today is a very different company from the one we started five years ago. We’ve built a strong team of professionals, and we’ve grown well beyond services. Brokers and Prop Firms can now use our tools to help them run their operations more efficiently and scale with confidence.

And there’s more on the way. We have exciting new products launching soon, and I can’t wait to share them with you.