Bullwaves Appointed Martin Stoilov as New COO
The offshore broker has hired the former FP Markets executive to lead its global operational scaling and technology integration.
Updated on Oct. 9, 2026 in People
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Bullwaves has appointed Martin Stoilov as its new Chief Operating Officer, a move intended to support the offshore CFD broker's growing international presence. Stoilov joins the firm following a six-year tenure at FP Markets.
Why it matters
The appointment signals a strategic focus on scaling operational capacity and integrating AI technologies across the broker's hubs in Cyprus, Dubai, and Seychelles. This leadership shift aims to streamline customer experience and partner relations as the company expands.
Martin Stoilov joins Bullwaves after six years at FP Markets, where he spent four years as Global Head of CX and Client Relations. His new mandate centers on scaling global operations and integrating technology across the broker's three primary operating hubs.
The players
Martin Stoilov
The new Chief Operating Officer of Bullwaves, formerly a long-term executive at FP Markets.
Bullwaves
An offshore CFDs broker domiciled in Seychelles with operational hubs in Cyprus and Dubai.
Filippo De Rosa
The CEO of Bullwaves responsible for the firm's strategic leadership.
Renato Pezzi
A co-founder of the brokerage firm Bullwaves.
Francesco Ceccarini
A co-founder of the brokerage firm Bullwaves.
The details
Stoilov will oversee the integration of cross-departmental operations and lead global strategy for the firm. As part of his mandate, he is tasked with driving the adoption of AI and other technologies to improve customer experience and partner relations. His background managing client relations at scale will support the company's efforts to standardize services across its multiple international offices.
Timeline
Martin Stoilov served at FP Markets from 2020 through 2026.
Bullwaves announced the appointment of Stoilov on October 9, 2026.
Market Landscape
The firm's new operational strategy follows the broader industry trend toward the automation of customer experience and partner management. It marks a push to align Bullwaves' operational framework with the increasing reliance on AI-driven efficiency in the CFD brokerage sector.
Operators in the financial services sector should monitor whether these management changes result in improved client retention metrics and faster platform scaling. The focus on AI integration suggests a potential shift toward automated service models that competitors may eventually need to match.
The takeaway
The move underscores the growing necessity for brokers to integrate advanced technology early in their expansion phase. Leaders should track the impact of the new operational structure on service delivery times and partner onboarding efficiency over the next two quarters.
Further reading
For more coverage on executive leadership changes, visit our People section.
Source note: This article includes information reported by FX News Group.
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