NAGA launched its Telegram mini app at the end of September. In one month, the broker has managed to acquire over 166,000 monthly users.

Plus500 made $168.1m from client trading in Q3 2024. The broker also onboarded 24,922 clients over the course of the three month period.

The partnership with B2C2 is likely so that the market maker can provide faster settlement in fiat currencies. OpenPayd is owned by Ozan Ozerk.

If you were to start a broker today, it seems like it would be best to start an offshore broker for EMs and then do prop for Europe and the UK.

The partnership means Centroid Solutions clients can trade in Saudi equities, via SNB Capital - the largest investment bank in Saudi Arabia.