A significant leadership change has taken place at Eightcap, a Melbourne-based retail Forex and CFDs broker, with the promotion of Ollie Rosewell to the position of CEO for its UK branch, Eightcap Group Ltd. This move reflects the company’s strategic focus on bolstering its operations within the regulated UK market.
Ollie Rosewell has a history with the firm, joining in 2019. Initially brought on as Chief Marketing Officer, he transitioned to a more commercial role when appointed as the Commercial Director in 2024. In this capacity, he was responsible for crafting B2B partnerships and securing technological collaborations that supported the growth of Eightcap’s business interests. His previous work experience includes significant roles at ETX Capital, where he served as Head of Marketing, and at AFX Group, LCG, and IG Group.
The UK operations of Eightcap have shown promising performance, generating £3.55 million in revenue over a 16-month period ending June 30, 2025. The entity also reported a profit of £0.64 million during this timeframe, indicating a favorable financial trajectory.
Eightcap has experienced several management shifts recently. The company’s global CEO, Joel Murphy, stepped down, leading to a temporary assumption of some CEO duties by the Chairman, who is also Joel Murphy. This transitional phase reflects the firm’s ongoing adjustments in leadership to maintain its operational momentum.
Eightcap operates not only from Australia but also holds licenses in Cyprus, the UAE, and the UK, which allows it to cater to a diverse clientele. Additionally, the broker has offshore activities based in The Bahamas. The company maintains a structured management approach with leadership provided by its Chairman and insights led by its lead analyst.
Overall, these developments within Eightcap underscore the broker’s commitment to enhancing its presence and effectiveness in the UK market while navigating the complexities of leadership transitions.