Victor Zachariades says he is returning full-time to BKR44, the broker and proprietary-trading services business he co-founded, while continuing to support TopFX and its incoming chief executive through a regulatory handover. His public LinkedIn statement, reported by FX News Group and Finance Magnates on 22 October, gives no completion date or successor’s name.[1][2][3]
The transition follows his appointment as TopFX CEO in 2024. FX News Group reported that the broker was searching for a replacement. Zachariades previously led Pepperstone’s European operation in Cyprus and held roles at Alpaca, Libertex and FxPro, according to the industry reporting.[2][3]
BKR44 moves beyond advisory services
Zachariades describes BKR44 as having expanded from services into operational tools for brokers and prop firms. He says further products are coming, without specifying a launch date, pricing or their functions. FX News Group identifies dealing and risk solutions as central to the business.[1][2]
The announced transition
| Point | What has been disclosed |
|---|---|
| Zachariades’ next focus | Full-time return to BKR44Source 1 |
| TopFX support | Continues through the regulatory handoverSource 1 |
| Incoming chief | Referenced by Zachariades, but not named in the statementSource 1 |
| Succession search | Reported by FX News Group on 22 OctoberSource 2 |
| BKR44 product plans | More operational tools planned; details and dates not disclosedSource 1 |
The statement makes a management transition clear, while leaving the precise appointment and handover timetable open. It contains no announcement changing the legal entity serving TopFX clients, their account agreements or payment channels. Those would require their own company notices; they do not follow simply from an executive changing roles.[1]
A named successor and a company-issued effective date would establish the next stage. The sources checked on 29 October did not supply either, so the departure remains described on the terms Zachariades himself announced: a return to BKR44 alongside support for the TopFX transition.[1][2][3]
Sources & further reading
- Victor Zachariades — public professional profile showing his statement about returning to BKR44 Victor Zachariades on LinkedIn · 22 Oct 2026 · Accessed 29 Oct 2026
- TopFX CEO Victor Zachariades departs, returns to broker services provider BKR44 FX News Group · 22 Oct 2026 · Accessed 29 Oct 2026
- TopFX CEO Victor Zachariades steps down to scale broker and prop advisory BKR44 Finance Magnates · 22 Oct 2026 · Accessed 29 Oct 2026