
GTCFX has appointed Manglai Manglai as Head of Trade Solutions, marking another notable executive move involving former senior staff from Scope Markets and Scope Prime. The hire comes as GTCFX continues expanding its trading infrastructure and regional operations, particularly in the UAE and broader MENA market.
Manglai joins GTCFX after spending more than six years at Scope Markets, where he progressed through several operational and trading technology roles in Cyprus. He most recently served as Head of Trade Solutions, overseeing areas linked to trade execution systems, liquidity management, and broker operational infrastructure. Prior to that, he worked as Trade Solutions Manager and Senior Operations Officer, building experience across brokerage operations and trading support functions.
Before entering senior brokerage operations, Manglai also worked at PrimeXM as a technical support engineer and later joined now-defunct CFD broker UGL Exchange as Head of IT. His background combines both technical and operational expertise, making him a strategic addition for brokers focused on execution quality and infrastructure scalability.
The move also highlights a broader trend of executive departures from the Scope brand in recent months. Former executives including Saul Knapp, Kubra Caglar, Serkan Ismailoglu, and Jacob Plattner have all recently taken new positions across the retail FX and CFD industry.
Meanwhile, GTCFX has continued strengthening its international footprint through multiple regulatory licenses and a growing operational presence in the UAE, which has increasingly become a strategic hub for global brokerage firms.
