ForexTime to be run by ex-Alpari execs

Andrey Dashin’s new Cyprus FX firm onboards most of Alpari FS management.

LeapRate Exclusive….. Well it seems as though Alpari’s decision to shut down its Cyprus operation Alpari FS — at around the same time that Andrey Dashin’s new firm ForexTime Ltd received a CySEC CIF license to begin operation — has provided ForexTime Ltd the opportunity to nab Alpari FS’s (former) top management. Note that Dashin was a founder of Alpari, and remains a major Alpari shareholder.

LeapRate has learned that most of Alpari FS’s (former) top management, including its Chairman and CEO, will be running ForexTime Ltd. These people include:

New role at ForexTime

Old position at Alpari FS

Olga Rybalkina


Chairman (and ex-CEO)

George Giannoulakis



Peter Leonidou

Chief Sales Officer

Head of Sales

George Stylianou

Chief Marketing Officer

Head of Marketing

Antonia Zeniou Droussiotou

Marketing coordinator

Marketing coordinator


ForexTime received its CySEC license in December, and plans a rollout of its new brand and website during Q1. The brand isn’t totally new, as it had been operating as a small MT4 firm out of New Zealand. Dashin purchased the ForexTime brand, and the old ForexTime in New Zealand will soon rebrand during Q1.

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.



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