GTCFX, a leading retail FX and CFDs brokerage, has appointed seasoned MENA-region executive Ahmed Fouad as its new Global Head of Institutional Sales, signaling a strategic push to strengthen its institutional offering.
Based in Dubai, Ahmed Fouad brings a wealth of regional and international experience to the role. He most recently served as Head of MENA at Match-Prime Liquidity, a CySEC-regulated, institutional-focused liquidity provider. During his tenure, he played a key role in expanding Match-Prime’s presence across the Middle East. Fouad’s departure from Match-Prime in late 2024 was previously reported by FNG.
His broader industry background includes senior roles at Leverate, ATFX, GKFX (now Trive), MubasherTrade, and ICN.com, building a strong reputation for driving institutional sales growth and client engagement across the MENA region.
Fouad’s appointment marks the second senior leadership hire by GTCFX in recent months, following the addition of Mikhail Seliverstov, former Alpari executive, as Chief Commercial Officer.
GTCFX operates under the GTC Group, a diversified financial services organization managing multiple CFD trading brands, including:
-
GTC Global Australia Pty Ltd, licensed by ASIC (website currently under construction: gtcau.com.au)
-
GTC Multi Trading DMCC, regulated by the UAE Securities and Commodities Authority (SCA)
-
Offshore entities in Mauritius and Vanuatu, operating under the gtcfx.com domain
The group is headquartered in Dubai and led by Managing Partner Jack Zheng, with a growing international footprint and expanding institutional focus.
Ahmed Fouad’s onboarding reinforces GTCFX’s commitment to strengthening its institutional relationships and accelerating its growth trajectory in key global markets.

