GKFX Financial Services Limited, known more commonly as simply GKFX, announced this Tuesday via a regulatory filing with the United Kingdom’s Companies House that it has appointed its Chief Executive Officer (CEO) Robert Woolfe as a director.
GKFX is a UK-based online foreign exchange (forex), contracts for difference (CFD) and spread betting broker. According to the filing, the appointment of Woolfe as a director is effective as of today.
Finance Magnates reached out to GKFX for more information on the appointment, but at time of publishing, we have not yet received a response.
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Woolfe took up the role of CEO after having spent more than a decade in the industry. He joined GKFX from Capital Index which he founded. The retail broker was launched in early 2014 and received regulatory approval from the Cyprus Securities and Exchange Commission in the same year and from the British Financial Conduct Authority in 2015.
Woolfe started off his career working in sales with IG Index, now a part of the IG Group. According to his LinkedIn profile, he worked with the brokerage from September 2005 until October 2008.
From here, he moved on to ETX Capital, where he was the Head of FX. Ishaq Siddiqi, a former Market Strategist with ETX, told Finance Magnates in 2013 that Woolfe was “was instrumental in setting up the FX desk” for ETX.
Woolfe was a part of the ETX Capital team for more than five years. Initially joining in November of 2008 and leaving in December 2013 to set up Capital Index.