Capital Index Hires FX Compliance Veteran Marcus Ford

Multi-regulated brokerage firm has selected Marcus Ford to take on the role of its Chief Compliance Officer, Finance Magnates has learned.
Having studied at Ashton University in Birmingham, Mr. Ford’s background in related compliance positions includes most recently working as Head of Compliance & MLRO at prime brokerage firm GPP Group. He spent only nine months in this post with the FCA-regulated firm that also offers wealth management, clearing and custody solutions.

Prior to that, he held a similar position with XTB limited for nearly three years, having joined the firm in 2015. According to FCA register background information, Marcus holds many relevant registrations including an CF1 Director role as well as CF10 and CF11 distinctions for compliance oversight and AML reporting respectively.
In addition, Ford previously served with Plus500 for just over a year, after nearly two years with OANDA in similar compliance roles, and after four years with a pre-paid services provider, his LinkedIn profile shows.
Capital Index continues to bring in senior staff
Marcus joins Capital Index with over 16 years’ experience in the financial industry, part of a lengthy career dating back to 2003. The company has been expanding its team with top industry talents who have previously held similar roles with leading brokers. The addition comes at a time when the company has been looking to continue its international expansion.
Ina different vein, Capital Index founder Rob Woolfe parted ways with the company earlier last year and joined GKFX Financial Services as the company’s CEO.
Capital Index was founded in 2014 by , who previously established and led the FX business of ETX Capital and the same year it was granted the CIF license by the Cyprus Securities and Exchange Commission (CySEC). However, the company renounced its  in 2018.
In 2015, Capital Index opened a London branch office and became authorized and regulated by the UK’s Financial Conduct Authority (FCA).