Bullwaves Appointed Martin Stoilov as New COO
The offshore CFDs brokerage tapped the former FP Markets executive to spearhead its expanding global operations.
Updated on Oct. 9, 2026 in People
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Bullwaves has appointed Martin Stoilov as its new Chief Operating Officer to manage global operational scaling and cross-departmental integration. Stoilov joins the Seychelles-based firm after a six-year tenure at FP Markets.
Why it matters
The appointment is intended to support the company as it scales its footprint across its operational hubs in Cyprus and Dubai. Stoilov is expected to drive AI and technology adoption throughout the broker's business.
Martin Stoilov brings six years of experience from his previous firm, where he spent four years as the Global Head of CX and Client Relations. His new responsibilities include leading global strategy and partner relations for the Seychelles-based broker.
The players
Martin Stoilov
He is the newly appointed Chief Operating Officer of Bullwaves who previously held leadership roles in client relations.
Bullwaves
This is an offshore CFDs broker domiciled in Seychelles with operational offices in Cyprus and Dubai.
Filippo De Rosa
He serves as the Chief Executive Officer of the brokerage firm Bullwaves.
Renato Pezzi
He is one of the co-founders of the financial services company Bullwaves.
Francesco Ceccarini
He is one of the co-founders of the financial services company Bullwaves.
The details
Stoilov will oversee the integration of technology and artificial intelligence as Bullwaves aims to expand its global reach. The company, which maintains offices in Cyprus and Dubai, is led by CEO Filippo De Rosa and was founded by Renato Pezzi and Francesco Ceccarini.
Timeline
Martin Stoilov worked at FP Markets from 2020 through 2026.
Bullwaves announced the appointment on October 9, 2026.
Market Landscape
The appointment follows the industry trend regarding the rise of AI and technology adoption in the offshore CFDs brokerage sector. By adding specialized executive leadership, the firm aims to improve its competitive positioning within the crowded global CFD market.
Clients of the brokerage may see improvements in customer experience and digital platform capabilities as the new COO implements his strategy. These operational changes are intended to streamline global services and support the broker's expanding technological infrastructure.
The takeaway
The move signals that the brokerage is prioritizing operational scalability to remain relevant in the competitive CFD market. Investors and clients should watch for updates regarding new AI-driven features in the coming months.
Further reading
For more updates on executive leadership changes, visit the People section.
Source note: This article includes information reported by FX News Group.
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