FNG has learned that London based FX and CFDs brokerage operator Zeal Group, which has undergone some changes in senior management over the past few months, has hired Ahmed Pasha as Global Head of Risk and Trading.

Ahmed Pasha joins Zeal Group after spending the past seven years at Equiti Group’s UK arm, Equiti Capital, ending his tenure at Equiti as Head of Trading Analytics before leaving the company mid last year. He has also previously worked at GKFX (now Trive), and at One Financial Markets.

In the second half of 2025 Zeal/Traze saw the departure of CEO Erkin Kamran, and then hired longtime ICM executive Wassim Anastasiou as Regional Director MENA, in Dubai.

Zeal Group operates the Traze online trading brand, which is run mainly from Dubai. The group holds a UAE CMA Category One license, a South Africa FSCA license, an FCA license in the UK (under the ZFX brand), and operates an offshore entity in Seychelles. Zeal Group and Traze are controlled by Chinese national Yun Chen.