Spotware Systems has brought back Kirill Chernikov as Chief of Staff after a two-year absence, marking his return to the cTrader platform developer. Chernikov spent the past year as CEO of Markets CRM, a specialized customer relationship management platform for CFD and forex brokers, before rejoining the Cyprus-based fintech firm.
The timing coincides with Spotware’s aggressive 2026 expansion strategy. The company recently unveiled cBridge, a flat-fee liquidity bridge claiming to cut costs by 80 percent for high-volume brokers, directly challenging traditional volume-based pricing models. CEO Ilia Iarovitcyn emphasized that functionality beyond pricing remains critical for dealing teams operating under pressure.
Spotware has also entered the AI trading space by releasing MCP servers that enable traders to execute orders and manage positions through natural-language commands via platforms like Claude and Gemini. Competitors including Trader Evolution, eToro, and XBTFX are deploying similar AI capabilities, intensifying competition in automated trading infrastructure.
FXnCO Insight
Brokers should evaluate whether Spotware’s flat-fee bridge model and AI integration offer genuine cost advantages over existing infrastructure before committing to platform migration.
Source: Finance Magnates