CFDs Broker VCG Names Brian Myers as CEO

Equiti executive Brian Myers exits for CEO role at CFDs broker VCG

Brian Myers has left Equiti Group after eight years to join CFDs broker VCG Markets as its new Group CEO.

For readers who follow the retail trading sector, leadership changes at mid-sized firms often draw attention because they can signal shifts in strategy, regional focus and client offering. This article sets out what has been announced, what it means in practical terms and what traders should check before drawing conclusions.

Leadership news is easy to read and hard to interpret. A headline tells you who moved and where. It rarely tells you how a firm will operate afterwards, so the sections below separate the announced facts from the questions that remain open.

Brian Myers' career path before VCG Markets

Myers joined Equiti in 2018 in London as CEO of Equiti Capital, the group's FCA-regulated institutional services arm. In 2021, he moved to Equiti's Dubai headquarters and took on several senior roles, including Group Chief Commercial Officer, CEO of Equiti Brokerage (Seychelles), and head of the group's Africa business.

Before Equiti, Myers was CEO of GKFX Prime, later known as Trivepro. He also held earlier roles at OANDA, Alpari, and FXCM.

Moving between institutional services, commercial leadership and regional management shows a broad operational footprint. That background is a useful reference point: it describes the kind of experience a firm is bringing into its leadership team, though it does not by itself guarantee any particular outcome for clients.

A career that moves across institutional, commercial and regional roles is worth reading carefully. Each role tends to expose a leader to different pressures, such as onboarding clients at scale, managing regulatory relationships and overseeing product governance. Those pressures shape the judgement an executive brings to a new team.

What VCG Markets is and where it operates

VCG Markets is based in Dubai. The company has operated since 2021 as an offshore broker domiciled in Mauritius. In 2025, it received a UAE CMA Category 5 license for introduction and promotion under VCG Securities Financial Consultation LLC.

The difference between where a company is based, where it is domiciled and which entity holds a licence is important. A firm can have a head office in one country, a legal domicile in another and a regulated licence tied to a specific local company. Each of these points determines which rules apply and which protections may be available to clients.

A licence for introduction and promotion may cover a narrower scope than a full brokerage licence, so readers should read the scope of any licence closely rather than assume it covers every service.

Questions to ask about the licensed entity

When you review a firm's website, look for a regulatory section that lists each entity separately. Match the company name on the licence with the name in your own agreement. If they differ, ask the firm to explain the difference in writing before you deposit funds.

Who led VCG Markets before the appointment

Until now, VCG Markets was led by Abdallah Garib, who had previously been Chief Compliance and Legal Officer for MENA at Equiti Group during the early part of Myers' time there.

Continuity of compliance knowledge can matter in any leadership transition, because compliance and legal functions shape how a firm handles onboarding, reporting and complaints. A move like this therefore raises a natural question for clients: how will existing policies be maintained and updated under new leadership?

Changes at the top often bring a period of review. Clients may notice differences in communication style, published policies or the timing of updates. Keeping a dated record of what you were told and when can be helpful if questions arise later.

Why a leadership change matters if you trade with a CFDs broker

A change at the top does not automatically change how client accounts work. However, it is a useful trigger to review the information a broker publishes. Leadership influences strategy, product range, risk management and how a firm responds to regulators.

Contracts for difference allow traders to speculate on price movements without owning the underlying asset. For background on how these instruments work, see Contract for difference (Wikipedia). Because positions are leveraged, gains and losses can be magnified.

Leverage works in both directions. A small move against an open position can produce a loss that is large relative to the margin posted, which is why understanding margin requirements matters as much as understanding price charts.

Traders with open accounts should check official notices from their provider instead of relying only on press coverage. Email confirmations, website announcements and regulator registers are generally more reliable sources.

A practical checklist before opening an account with a CFDs broker

Whether you are considering VCG Markets or any other CFDs broker, a structured review helps. Use the points below as a starting place:

• Confirm the licence and regulator named on the firm's website, then check the regulator's public register.
• Read which company will hold your account, because jurisdiction and protections can differ between group entities.
• Review the full fee structure, including spreads, commissions, overnight financing and withdrawal charges.
• Test the trading platform on a demo account before committing funds.
• Look at the complaints and dispute procedures, and how client funds are handled.

How to verify a licence in practice

1. Note the exact legal name of the company and the licence number shown on the firm's site.
2. Open the regulator's official website rather than a link supplied in an email or advertisement.
3. Search the register for that exact name and confirm the licence status and permitted activities.
4. Save a copy of the register entry and compare it again if the firm announces management changes.

Compare at least two or three providers side by side rather than choosing on a single headline or a personnel announcement.

Reading a broker's track record and disclosures

Myers' career spans several firms that operate in retail forex and CFD trading. Experience across different business models, from institutional services to retail brokerage, gives a sense of the range of operational issues he has managed.

Equiti's group structure included entities in more than one jurisdiction. That is a reminder that a brand name and the regulated entity behind an account can be different things. Always confirm which company you would be contracting with.

Look for clear risk disclosures, published terms, an accessible complaints process and a regulator's public register entry. Marketing claims are less useful than documents you can verify yourself.

A useful habit is to read the client agreement and the risk warning in full, not just the summary page. These documents usually explain margin calls, negative balance policies and how the firm handles price gaps.

Where the new role fits into the VCG Markets story

For VCG Markets, the appointment of a new Group CEO marks a new chapter. Its Dubai base and offshore structure are the starting points for any assessment of the company as a broker.

Readers should weigh each CFDs broker on its own disclosures rather than on personnel news alone. A leadership change can be positive, neutral or negative for a company, and the only way to know is to watch what happens to pricing, service and transparency over time.

For another recent leadership move in the sector, read Mateusz Wyka joins Startup CFDs broker YWO as CEO.

Common questions about choosing a CFDs broker

Is a new CEO a reason to close an account? Not necessarily. It is a reason to read recent disclosures, check the regulator's register and confirm that your funds and terms have not changed.

How much does the choice of firm matter? Execution quality, costs, platform stability and withdrawal processes all affect the trading experience, so it is worth comparing these over a demo period before committing funds.

Should you move funds because of news? Only after you have compared alternatives and understood the costs of switching, including transfer times and any closing fees.

Managing risk when trading CFDs

CFDs are leveraged products, and leverage can cause losses to grow quickly. Position sizing, stop-loss orders and a written trading plan help control exposure, although stop-loss orders do not always execute at the exact price requested during fast markets.

Trading involves risk, so only use money you can afford to lose and consider independent advice if you are unsure whether these products suit your circumstances.

Key takeaways on this CFDs broker leadership change

• Brian Myers has left Equiti Group after eight years to join VCG Markets as Group CEO.
• His earlier roles include Equiti Capital, Equiti's Dubai headquarters, GKFX Prime and several firms in forex trading.
• VCG Markets is based in Dubai, operates as an offshore broker domiciled in Mauritius and received a UAE CMA Category 5 licence in 2025.
• Abdallah Garib led VCG Markets until now.
• Check licences, costs and disclosures before making any decision about a broker.

Keep records of your communications, confirm the entity named in your agreement and revisit your trading plan regularly. Use this news as a prompt to research, not as a reason on its own to open or close an account.