Former Pepperstone Executives Launch New Forex and CFD Broker Fintrix Markets

Three former senior executives of Pepperstone have launched a new forex and CFD brokerage, Fintrix Markets, which began operations in January 2026 and is targeting active retail traders.

Fintrix is led by founder and chief executive officer Gordon Buchanan. The management team also includes Peter Spanos and Scott Redford, both of whom previously held senior roles at international brokerage firms and have prior experience at Pepperstone.

Buchanan previously served as chief financial officer at Pepperstone and has a background in private equity. At Fintrix, he is responsible for overall strategy and financial stability, with a stated focus on safeguarding client funds and ensuring the resilience of payment infrastructure.

Spanos brings experience in market risk management, gained through roles at IG Group, CMC Markets, Pepperstone, and GO Markets. His areas of expertise include dealing operations, volatility control, and risk management systems.

Redford has held positions related to sales, trading, and market risk at IG and Pepperstone. At Fintrix, he oversees client engagement and trading conditions.

The combined experience of the leadership team exceeds 40 years across trading, finance, and brokerage operations.

The launch of Fintrix coincides with ongoing discussions about the quality of retail trading infrastructure in Asia. A 2022 report by the Bank for International Settlements highlighted uneven market structures and liquidity conditions across the Asia-Pacific region.

According to the Investment Trends Singapore Leverage Trading Report 2024, retail traders increasingly expect standards closer to those offered in institutional markets, particularly in execution quality, pricing transparency, and access to liquidity. When those expectations are not met, traders are more willing to switch brokers.

Buchanan said this gap between trader expectations and existing infrastructure was one of the factors behind the decision to establish Fintrix.

Fintrix positions itself as a boutique-style broker focused on execution stability, risk control, and processing speed, including during periods of heightened market volatility. The company operates under a Full Service Investment Dealer licence issued by the Financial Services Commission of Mauritius.

Fintrix entered the retail market through the acquisition of Mauritius-regulated CFD broker Aksys Global Markets. The transaction was completed in July last year following regulatory approval. The company has also outlined a product roadmap for 2026, including further platform integrations and continued development of its execution infrastructure.