FX week in review: Evenox hires (and rebrand), Eurotrader loses license, APC Prime CEO, MultiBank CMO moves to…
Which multi-asset liquidity provider has rebranded as Evenox? Which executives have joined Evenox, from Match-Prime?
Why did iFOREX lower guidance for H1 2026 EBITDA?
Who did MENA focused CFDs broker APC Prime tap as its new CEO?
Which rival broker did MultiBank CMO Will Burnham move to?
Who are the latest two CFD industry recruits to Edgewater?
Some of the most read and commented-on FX/CFD industry news stories to appear over the past seven days on FNG included:
Top FX and CFDs industry news stories this week
Stavros Economides joins LP Prime, which rebrands as Evenox. Following our report from the end of last month that longtime Match-Prime COO Stavros Economides had left the company, FNG has learned that Stavros has joined rival multi-asset liquidity provider LP Prime. And, LP Prime is rebranding, now to be known as Evenox.
CySEC withdraws license of CFDs broker Eurotrader. Cyprus financial regulator CySEC has announced that it has decided to withdraw the Cyprus Investment Firm (CIF) license authorisation of Eurotrade Investments RGB Ltd, which has operated the Eurotrader CFDs brokerage brand in the EU. The Eurotrader brand seems to have gone fully “offshore”, after the group also lost its UK FCA license.
Match-Trade Technologies launches Match-Prop. Broker trading tech provider Match-Trade Technologies has announced the launch of Match-Prop, a complete “business-in-a-box” service that enables trading influencers, financial educators, introducing brokers (IBs), and community operators to set up their own branded prop trading businesses in as little as seven days, without having to raise capital, obtain regulatory licenses, or acquire proprietary technology.
iFOREX lowers guidance for H1 2026 EBITDA. iFOREX Financial Trading Holdings Ltd (LON:IFRX) today provided an update regarding its expectations for financial metrics for the six months ended 30 June 2026 (“H1 2026”). In its interim results, the company expects to report Adjusted EBITDA for H1 2026 of approximately $1.4 million compared with the expectation of circa $2.4 million as set out in the H1 2026 trading update on 27 July 2026.
Leverate releases MCP for Traders turning any AI assistant into a trading terminal. AI assistants have spent the past year helping traders understand the markets. Now, they can trade with them. Leverate has announced the release of MCP for Traders, connecting MCP-compatible third-party AI assistants, including Claude and ChatGPT, directly to a live trading account. Traders can ask about the market, check positions, and place orders without leaving the conversation, with nothing executed until they explicitly say yes.
Top FX industry executive moves this week

❑ XS.com exec Shadi Salloum moves to CFDs broker APC Prime as CEO.
❑ Exclusive: Match-Prime exec Adrian Ornawka moves to Evenox as CCO.
❑ Exclusive: Evenox nabs another Match-Prime exec, Christos Miltiadous, as Director of Trading.
❑ Former MultiBank CMO Will Burnham joins ThinkMarkets.
❑ Freetrade CEO Jenny Zhao departs.
❑ Exclusive: Kama Capital taps CPT Markets exec Medhat Attia as Head of Retail Sales.
❑ AvaTrade hires Exness alum Nir Iter to head new Cyprus operation.
❑ MEX Exchange hires TradAir alum Brian Liedberg as CRO and Head of Sales.
❑ Exclusive: Crypto.com Head of Institutional Sales Nilesh Khatwani moves to Revolut.
❑ Exclusive: Capital.com Head of Sales MENA Chris Demetriou departs.
❑ Tickmill hires Ranim Turfa as Head of Research and Market Analysis MENA.
❑ Robin Ejsmond Frey joins GCEX as Director of Institutional Sales Asset Management.
❑ Exclusive: former United Fintech Americas head Mark Lawrence joins Barclays.
❑ Scope Markets hires Ibrahim Hossny as Head of Research and Marketing MENA.
❑ Hantec Prime hires Veronica Dager as Senior Institutional Sales.
❑ Edgewater hires Taurex exec Tim Rudland as Head of Market Infrastructure.
❑ HFM Head of MENA Hazim Ismail moves to Edgewater.
