Former Equiti Compliance Chief Charbel Raffoul Becomes GTCFX CEO

Monday, 19/10/2026 | 17:31 GMT by Tareq Sikder
  • The new CEO previously held compliance and management roles at ATFX MENA, ADS Securities and Alpari ME.
  • The firm recently opened an office in Thailand and appointed Mei Nongbua as Country Manager.
GTCFX

GTCFX has appointed Charbel Raffoul as Chief Executive Officer, the company announced today. Raffoul has worked in financial services for nearly two decades, with experience in compliance, financial crime and management.

London's trading industry is coming home!

The appointment follows GTCFX's recent appointment of Abdulrahman Ahmed Al Ali as General Manager. Al Ali previously worked in the enforcement department of the UAE's Securities and Commodities Authority, now known as the Capital Market Authority.

In May 2025, GTCFX appointed Mikhail S. as Chief Commercial Officer after more than 13 years at Alpari. The broker also expanded into Thailand, where it opened an office and appointed Mei Nongbua as Country Manager to oversee local operations.

Raffoul Held Senior Roles at Equiti, ADS

Before joining GTCFX, Raffoul most recently served as Head of Compliance at ATFX MENA for one year. He previously spent almost nine years at Equiti as Chief Compliance Officer and Financial Crime Lead.

Raffoul worked at Equiti for eight years and eleven months. Before that, he served as a Director at ADS Securities for two years and three months.

Earlier in his career, he was Head of Compliance at Alpari ME for three years and ten months.

GTCFX Joins Financial Commission for Dispute Resolution

GTCFX also became a member of the Financial Commission in January 2025. The independent, non-governmental organisation provides external dispute resolution for complaints between forex and CFD brokers and their clients.

It reviews complaints and can issue decisions or award compensation under its rules. Its Compensation Fund provides up to €20,000 per eligible client claim if a member fails to comply with a compensation award. It does not cover ordinary trading losses or broker insolvency.

GTCFX has appointed Charbel Raffoul as Chief Executive Officer, the company announced today. Raffoul has worked in financial services for nearly two decades, with experience in compliance, financial crime and management.

London's trading industry is coming home!

The appointment follows GTCFX's recent appointment of Abdulrahman Ahmed Al Ali as General Manager. Al Ali previously worked in the enforcement department of the UAE's Securities and Commodities Authority, now known as the Capital Market Authority.

In May 2025, GTCFX appointed Mikhail S. as Chief Commercial Officer after more than 13 years at Alpari. The broker also expanded into Thailand, where it opened an office and appointed Mei Nongbua as Country Manager to oversee local operations.

Raffoul Held Senior Roles at Equiti, ADS

Before joining GTCFX, Raffoul most recently served as Head of Compliance at ATFX MENA for one year. He previously spent almost nine years at Equiti as Chief Compliance Officer and Financial Crime Lead.

Raffoul worked at Equiti for eight years and eleven months. Before that, he served as a Director at ADS Securities for two years and three months.

Earlier in his career, he was Head of Compliance at Alpari ME for three years and ten months.

GTCFX Joins Financial Commission for Dispute Resolution

GTCFX also became a member of the Financial Commission in January 2025. The independent, non-governmental organisation provides external dispute resolution for complaints between forex and CFD brokers and their clients.

It reviews complaints and can issue decisions or award compensation under its rules. Its Compensation Fund provides up to €20,000 per eligible client claim if a member fails to comply with a compensation award. It does not cover ordinary trading losses or broker insolvency.

About the Author: Tareq Sikder
Tareq Sikder
  • 2520 Articles
  • 48 Followers
About the Author: Tareq Sikder
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023. At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London. Education: Honours degree Information Technology, Anfell College, London
  • 2520 Articles
  • 48 Followers

More from the Author

Executives

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}