Mitrade EU Appoints Timur Konsky as CEO to Drive European Expansion

Retail FX and CFDs broker Mitrade has appointed Timur Konsky as CEO of Mitrade EU Limited, its Cyprus-based entity regulated by the Cyprus Securities and Exchange Commission (CySEC).

The appointment follows strong growth for the group. Mitrade said that in the first seven months of 2026, its active trading clients increased by more than 50%, while total trading volume rose 148.4% compared with the same period in 2025.

Timur Konsky Brings Extensive CFD Industry Experience

Timur Konsky joined Mitrade earlier this year as COO of its Cyprus unit before being promoted to CEO. He previously held senior positions at several CFD brokers, including ActivTrades, HYCM, TopFX, FxPro, and AFX Capital, covering marketing and business development roles.

Mitrade EU, which has held a CySEC license since 2023, will focus on expanding its European presence, with Germany as its first key market.

Mitrade EU Targets German Market

The company said it will focus on understanding local traders’ needs, including onboarding experience, pricing, trading platforms, risk management, and customer support. Insights from the German market will help shape Mitrade EU’s products and support future expansion across Europe.

Timur Konsky said that European markets have different trading behaviors and expectations, and that brokers need to provide transparent communication and responsible trading experiences.

About Mitrade

Founded in Melbourne, Australia, Mitrade is a CFD trading platform serving millions of traders worldwide. The group operates regulated entities in Australia, Cyprus, UAE, and South Africa, as well as offshore entities in the Cayman Islands and Mauritius.

The appointment of Timur Konsky highlights Mitrade’s continued efforts to strengthen its European operations and expand its global presence.