Lots of brokers reported record volumes and best days ever. And yet revenues don’t really reflect that. So what happened in 2025?
Author: David Kimberley
Skolar joins TradeLocker with more than three decades of experience in financial markets, including stints at Saxo Bank and ThinkMarkets.
Client demand is driving firms to add futures and options, with brokers also worried about more restrictions on CFD trading.
SquaredFinanical CEO Philippe Ghanem has also relocated to the US, although he is still involved with the firm.
IG saw a 27% uplift to its OTC trading revenue in the three months to the end of November, with total income of £210.9m from the division.
From This Year to the Next: XM Traders Can Earn Unlimited Cashback on Selected Assets
America killed finance firms’ ability to onboard customers globally. Now stablecoins are helping to bring it back.
cTrader ecosystem is now expanded with iSAM Securities’ advanced tools to enhance broker risk management with real-time analytics, automation and high-level execution oversight.
Plus500 is listed as a member of ICDX and has approvals from local regulator Bappebti.
Bybit already works with several prop firms. So will it go further and launch prop trading or stick to being a third-party provider?
Canny has worked with Finalto for some time already but can now officially take up the CEO role for the liquidity provider’s MENA entity.
Gemini Co-Founder Tyler Winklevoss said it has taken the crypto exchange five years to get approval from the CFTC.
The new updates improves UI for trading instruments, adds to the ‘watchlist’ functionality, and means different languages can be accessed.
Rowles spent seven years at LMAX and will head up the trading team from the OpenFX office in Dubai.
Starting a prop firm in 2025 is not easy and not cheap. We dig into why.
We talk to Keith Grose from Coinbase about UK crypto regs, competition and whether retail can get access to derivatives again.
GCEX has bought a crypto asset manager, is expanding into APAC and Africa, with other plans to grow in the UK.
The new plugin allows brokers to modify and review plugin parameters, along with UX improvements for broker ops teams.
X Securities will use Centroid’s bridging technology to distribute liquidity to other brokers and financial institutions.
Quadcode got an amazing deal by selling its QCEX operations to Polymarket earlier this year – we explain why.
The first TRAction client using DXtrade is already live and using the integration to automate its trade reporting requirements.
Rostro will use its new SCA Category 5 license for both its retail Scope Markets brand and the Scope Prime B2B entity.
Latocha was at IG for almost five years and will also join the board of OANDA’s Polish entity.
Prop firms are exploding in popularity in Brazil, with local firms and foreign players all tapping into the local market.
Kalshi data will now appear on CNBC’s shows, with Kalshi also hosting a CNBC-branded page on its website.
Kraken said it will give its users access to Eurex-listed derivatives, assuming regulatory approvals go through.
The CMC Markets founder on crypto, Spectre, public valuations, and why he keeps working even though he’s rich enough not to.
ATFX took its partners to an exclusive event at Windsor Castle, with the broker a key sponsor of the Duke of Edinburgh Cup.
Trade Republic increased its net income almost three-fold in the period, with revenues up by more than 50% year-on-year as well.
OANDA will remain as a standalone business, FTMO co-founder Ottakar Suffner said.
XM now has a Category 5 license in the UAE, having previously operated in the region with DFSA approval.
ATFX Connect won the best B2B liquidity provider award the Finance Magnates London Summit last week.
Kontoyiannis joins the brokerage group from D Prime, where he was also Head of Funding.
Morris worked at CMC Markets for almost 15 years. He was named as an expert witness in the broker’s legal case against Robert Tchenguiz.
CFI and Equiti are big in MENA. We take a look at how they do marketing to make that happen.
Research by FXStreet shows that prop traders place a lot of trust in YouTube and Reddit to confirm they should go with a prop firm.
The Rostro Group brands were able to maintain uptime for institutional and retail clients, despite the CME halting trading.
The CVM’s sanctions mean FBS could face criminal charges in Brazil, as well as payment bans and restrictions on its URL.
cTrader Store now lists reliable prop firms, prop trading challenges and funded programs with transparent trading conditions and easy comparison tools for traders.
People like the event contracts branding and UX. So can you just take that and rewrap old binary options in the event contract packaging?
Zoumidou will link up with Trade Nation CEO Jon Noble, who he previously worked with for over a decade at IG Group.
BITA makes custom indices that brokers can offer to clients. Firms like Plus500 can also hedge into those indices if they need to.
We talk to Deus X Pay CEO Richard Crook about how the firm’s NeXus feature can help firms transfer funds for free, instantly.
Eightcap day trader challenges are a fun way for traders to get fast pay outs with limited risks. Let’s hope it stays that way.
Jana Zdravecka from Infinox talks about why how the broker has prioritised getting this done right.
Spotware’s cTrader trading platform surpasses 1,000 Trustpilot reviews, praised by traders for fast execution, advanced forex tools, professional charting, cTrader Algo automation and strong mobile performance.
Bajjali is one of several long-time IG executives to have left the broker over the last 18 months.
Littler will appear in a new brand campaign called ‘The Champion Mindset’, aiming to promote Tradify’s prop trading services.
B2BROKER is one of the only firms in the online trading industry to hold an investment banking license in Labuan.
Kira Financial is one of only a small number of brokerage firms to operate using a Category 1 license issued by SCA.
Paras Arora will lead Trading 212’s expansion into the UAE, where it has held an introducer license since 2023.
Vault Markets partners with cTrader to offer a transparent, high-performance trading experience across Africa. The collaboration empowers traders of all levels with fast execution, advanced tools, and trusted technology.
Boltzmann Research founder Chariton Christou says the firm wants to bridge the gap between brokers and the quant trading industry.
Built for volatility: How Rostro Group’s diversified structure kept Scope Markets and Scope Prime stable amid recent gold market turbulence
STARprime will use Centroid’s CS 360 multi-asset connectivity engine to provide pricing and liquidity to its clients.
Devexperts lets brokers plug into existing exchanges offering event contracts or launch their own offering in-house.
Plus500’s US entity has already been working with Topstep since at least the start of this year.
Traders taking an Eightcap day trader challenge can select a stake and multiplier, with challenges only lasting a maximum of 8 hours.
Eddy Beef got a lot of media attention for his story about the UK. Except the whole thing was fake and a way for him to boost his profile.
Futures trading can seem overwhelming at first, but by following some simple steps you can become a futures trader too.
FundingPips can give Tradin a lot of organic traffic. But being from an unregulated background may make it a tough journey.
XM has tripled the prize pool for IBs and other partners who take part in the contest.
FundingPips did have a Comoros entity. Tradin is regulated in Mauritius and offers traders access to markets via MT5.
Capital.com’s survey shows 87% of people think stocks are high risk, barely below the 92% that believe cryptocurrencies are in the same category.
Anjali Capital Markets enhances its trading offering with cTrader, delivering a seamless, transparent, and accessible experience for traders of all levels. Discover how this partnership empowers clients with speed, reliability, and trusted technology.
PayRetailers can provide RADEX MARKETS with access to payment services in eight different Latin American countries.
We talk to SALVUS Mauritius Partner Hafeez Toofail about what brokers can do to get the most out of a license in Mauritius.
Group CEO Arthur Kbejan said the move was reflects the group’s efforts to build a transparent, well-regulated business.
Investing.one is backed by MVFINANCE and is being led by Stefan Sotirov, who was formerly Chief Operating Officer at Trading 212.
Enqvist has worked in the online trading industry for over a decade and joins ATFX Connect from Finalto.
Spotware releases cTrader Admin 9.8, an advanced trading platform management solution for brokers and prop firms. The latest update enhances transparency, delivers powerful session analytics, provides colour coding of accounts and groups, and introduces flexible margin control to optimise efficiency across the cTrader ecosystem.
Rosinska will work for Scope Markets in the broker’s UK office. The wider Rostro Group has been expanding massively over the last couple of years.
Nikandrov joins Axcera with over two decades of technology experience, including stints at Samsung and Huawei.
Amillex is one of only a small number of firms to have received an ASIC license over the last few years.
The broker’s CEO Yoni Assia said the firm believes event contracts create ‘significant value’ for traders.
Sherekete has worked in the online trading industry for a decade, with senior roles at Scope Markets, Doo Group, and Trade.com.
It takes about 12 minutes to sign up for OnlyFans as a creator, with only one legal document to sign and no risk warnings.
Ouerghi previously worked for amana in the broker’s Lebanon office. He has worked in the trading industry for over 15 years.
ATFX won several awards at the iFX EXPO Asia 2025 at the end of October.
FTMO has access to a $625m lending facility with an 11-year term, with UniCredit likely acting as lead lender for a consortium of Czech banks.
B3 and XP have tried to stop XTB and other CFD providers from entering the Brazilian market, using legal complaints and paid media.
XTB has halted Brazilian onboarding and suspended its relationship with locally regulated firm Finvest DTVM.
Spotware Systems unveils its official YouTube channel — a hub for trading professionals to connect through authentic stories and expert insights. The debut series, “The Man Behind the Company,” hosted by David Kivakude, features Arthur Kbejan of Vanto FX, exploring the human side of trading and leadership. Subscribe now to learn from industry innovators.
Di Benedetto spent three years at XTB and has also had stints at OKX, Darwinex, and forex broker Pepperstone.
The new product is called Spectre and allows professional clients to hold equities and index positions without leverage and swap fees.
We talk to Dany Mawas from Fortress Core about how to make forex broker in South Africa work and more.
United Fintech said the deal was an equity-based transaction, with Trade Ledger’s owners now stakeholders in the business.
Join Spotware’s free webinar “How to start a CFD broker with cTrader?” – hosted by Ricardo Dias – to learn how to launch and grow a CFD brokerage using the cTrader ecosystem. Discover key insights on regulation, technology, and marketing, plus demos of cTrader Copy, Invite, Store, and the new cTrader Admin 9.8.
Finveo will give clients access to its products via the Match-Trader platform, Match-Trade Technologies said on Wednesday.
Spotware proudly announces cTrader’s recognition as Best Trading Platform – APAC 2025 at the UF AWARDS by Ultimate Fintech. The accolade highlights cTrader’s transparency, performance, and innovation showcased at iFX EXPO Asia 2025, including the new cTrader Store and affiliate program.
Abitbol was Head of Trading and Risk Management for almost three years at The5%ers. He also spent time at Prop Firm Match.
Line Peteri joins ATFX from Exinity, where she headed up the broker’s partners team.
Anastasiou joins Traze from ICM.com, where he spent the last decade. Traze is one of only a handful of firms with an SCA Category 1 license.
Fieldhouse joins ThinkMarkets from rival brand M4Markets, where he was also Global Head of Partnerships.
ESMA, ASIC, and FCA CFD leverage caps have forced brokers offshore. Mauritius and the Seychelles are the big beneficiaries.
We speak to Mark Foulger about how Scope Prime makes its own pricing, why depth of book matters, and how the LP handles toxic flow.
The UAE regulates education providers, which may cause problems for firms based there – particularly when it comes to payments and banking.
Kinahan has worked in derivatives trading for over 30 years. Prior to being IG’s US CEO, he spent almost two decades at TD Ameritrade.
BDSwiss onboarded over 90,000 UK residents offshore from 2017 to 2021, paying out almost £15m in rebates to 129 influencers.
ATFX has expanded massively over the last year, building out new technology and expanding its set of products available to clients.




