Petros Kalaitzis Named General Manager of IC Funded

IC Markets has appointed industry veteran Petros Kalaitzis as General Manager of IC Funded, the broker’s proprietary trading division, signaling a renewed focus on disciplined growth, risk management, and operational sustainability in prop trading.

Based in Limassol, Cyprus, Kalaitzis assumed the role in January 2026, bringing over a decade of senior experience across prop trading firms, regulated brokerages, and trading technology providers. His appointment comes at a time when the global prop trading sector is shifting toward robust governance and long-term sustainability, amid increased scrutiny and tighter capital controls.

Kalaitzis’ responsibilities at IC Funded include overseeing strategy, trader evaluation models, risk frameworks, and operational scalability, aligning the division with IC Markets’ institutional standards. In an interview with FinanceFeeds, he described his early days at IC Funded as “very new” but expressed strong confidence in the business. He emphasized the strategic advantage of IC Funded being “part of and backed up by IC Markets, which is a top broker on the planet,” and highlighted the industry trend of prop trading being increasingly treated as a complementary arm of brokerage operations.

Kalaitzis brings a rare combination of prop trading insight and regulated brokerage expertise, with a career spanning front-office dealing, liquidity management, and executive leadership. His recent roles include Executive Director at NextTrade, Deputy CEO & Chief Strategy Officer at FunderPro, and Managing Director at Tools for Brokers. He has also held senior positions at The Trading Pit, NAGA, Tickmill, Saxo Bank, eToro, and CIF, covering areas from client services and sales to operations and strategic planning.

His broad experience positions him to guide IC Funded through the sector’s evolution, where transparency, operational resilience, and sustainable growth are now paramount. Kalaitzis’ appointment underscores IC Markets’ commitment to professionalising prop trading and strengthening its offering for traders and partners alike.