IG Group now has access to a £600m RCF and has also said it will issue a new unsecured bond, with suggestions the two will be used for growth.
Broker News
iFOREX is set to go public in the UK and the brokerage group’s new investor relations documents provide some interesting insights.
Karamanis has held senior roles at several brokers, including TopFX and SquaredFinancial. Axon Markets is regulated in the Seychelles.
Petsa will work from the Trading 212 office in Cyprus. The broker has set up three new entities in Germany, Ireland, and Australia in the last 18 months.
Padhani worked at INFINOX for over a decade, holding roles across sales and operations. The broker was recently acquired by a group of investors.
The acquisition will see a strategic shift at Enigma Strategy, with a renewed focus on its brokerage and investment management business.
Trade Nation appears to be going for a local license but it’s also plausible the firm will use its office in the country to target clients in Brazil.
ATFX was the seventh-largest broker globally in the first quarter of the year, based on trading volume across its MT4 and MT5 platforms.
IG Group France director Ambroise Lion said the ban was put in place back in 2018, after Google said one of the broker’s ads was ‘too aggressive’.
Plus500 said revenue from its US futures business made up 12% of total revenues for the first quarter, implying total revenues of approximately $25m.
Abu Qoura has held trading roles at INGOT Brokers, Admirals, and MultiBank. IC Markets is making Dubai its new global headquarters.
Ratford is the second senior marketing executive to make the move from IG Group to Crypto.com in the last six months.
Webull will add the new contracts to its platform via an integration with events contracts exchange operator Kalshi.
The new product means that traders using the Trading 212 app can set an order based on whatever cash value they want to trade in.
Chang joins Hantec Markets from INFINOX. She has worked in trading industry for over a decade, with stints at IronFX, FXPrimus, and Tradeview.
Revolut attributed the huge increase to a surge in crypto trading. The fintech has seen big upswings in revenue from crypto in the past.
Paganini joined ActivTrades at the end of 2023 and was made CEO of the group’s Mauritius entity in November of last year.
Wilson was previously Chief Market Analyst at Markets.com. His move fits with a wider effort at Saxo Bank to reposition the company as an investment platform.
ATFX has sponsored the golfing tournament for almost a decade now, with the latest event held at Steyn City in South Africa.
INGOT Brokers has made key changes to its website UX, branding, and logo. It also appears to have put several licences under one URL.
Forex University provides courses and education to retail traders, with two different programmes currently accessible on the site.
IC Markets has regrouped over the last 12 months, with changes to operations and personnel that reflect big growth plans lying ahead.
Panagiotou has worked in CFDs for a decade and held Africa Regional Manager roles at Doo Prime, Fxview, and Tickmill.
Lane was taken off the FCA register for Trade Nation last month. Noble’s appointment is likely pending regulatory approval.
Alkhaldi, who joins after a brief stint at HFM, will be tasked with expanding Scope Markets’ presence in the MENA region.
Eightcap is running the channel with a local IB. YouTube has become a popular medium for brokers to localise their offering and enter new markets.
Trading 212 is also hiring for a Chief Risk Officer in its new Irish company. It is unclear why the company has decided to establish the new entity.
We speak to Deriv execs Geo Nicolaidis and Andreas Potamitis about what the company has planned for its offices in Cyprus.
ATFX has launched its newest edition of the Trader Magazine, with insights from its team of global analysts.
Crone spent almost three years working at eToro and was ultimately overseeing the broker’s PR and comms for the UK and Australia.
Capital.com flew more than 650 staff members to Dubai for two days of networking, pitching, and celebration.
Shir Shalom joined eToro almost four years ago and oversaw several key initiatives during her time at the brokerage group.
Daman Markets has been an Official Racing Partner for the Dubai Racing Club during the 2024 – 2025 season.
We speak to the Prop Firm Match exec about prop risk management, scammers, technology, marketing and more.
Clients executed over 1m trades with Pepperstone on Thursday, with notional volumes at the broker exceeding $27bn.
Morphitis was most recently Global Head of Business Development at BDSwiss. He also spent over three years at HFM.
Purohit joins Blackbull Markets from ActivTrades, where he was Head of UK and DACH Markets for the broker.
Cryptocurrency exchange Crypto.com announced on Wednesday that it has partnered with Sony so that the company can accept digital asset…
Thoma joins XValley from broker CPT Markets. She has held senior roles at several firms, including Exinity and Skilling.
Beyaz will work in the Tickmill office in Cyprus. He has worked in broker data roles for six years and holds a PhD in computer science.
This is the second major acquisition Archax has made in the last six months. It will allow the firm to expand in the US market.
Wu joins Trade Nation as a Premium Client Manager. He has almost a decade of prior experience at CMC Markets and IG Group.
An insider has given TradeInformer access to an unofficial Meta document, showing how the social media giant thinks about the FX/CFD industry.
Capital.com said both organisations align with its goal of improving the competitiveness of the UK financial services industry.
IG Arena will open in July, with IG Group holding the naming rights for the new multi-purpose stadium for 10 years.
CMC Markets has offered crypto CFDs and physical CFDs to Aussie clients for years now.
PU Prime will be able to use Argentina’s branding as part of its marketing materials, set up contests for giveaways, and get access to matchdays.
CEO share sales, payment fees, and crypto CFD losses – the eToro filing to list in the US has it all.
Trading 212 has moved beyond solely using Interactive Brokers for equities trades, with the broker also acting as a market maker.
Onyx Markets owner – Onyx Capital – has long used its own media production for marketing.
Esteve Jane is from outside the industry and may be tasked with growing IG Group via acquisitions.
The decision is part of Plus500’s efforts to grow its futures and options business. India is the largest market in the world for options trading.
We talk to PipFarm CEO James Glyde about how the company has managed to stop the scammer onslaught.
It is very hard to see how Kraken could buy NinjaTrader in cash. This deal is about equity issuance and a potential IPO.
Kraken will be able to offer futures and get a license in the US, while NinjaTrader can now offer its products in the UK, EU, and Australia.
Ouinex is the first crypto broker to launch using a no-CLOB execution model.
Aneira Henery-Morley was with the broker for 12 months, having previously spent almost four years working at IG Group.
Rebusco joined Onyx Capital just under a year ago to set up its retail offering, Onyx Markets. He worked for almost a decade at IG Group.
VFTradings offers clients two types of challenges, across six different account sizes.
The competition will run throughout March and give traders the opportunity to access a $25,000 account with BrightFunded.
Local Capital.com CEO Tarik Chebib said that the broker wanted to save money on ad spend and see if the technology would work.
Natasha Kassar joined TrioMarkets almost 2.5 years ago. She will work as Regional Sales Manager at YaMarkets.
FundingPips has started offering MT5 clients again after getting a license from the mystery regulator in the Comoros.
Equiti said that using Click to Messenger ads meant is saw a reduction in cost per lead and a higher volume of leads.
VP Capital said it wants its to focus on core investments, with Capital.com likely to integrate crypto into its offering.
Ouinex has raised over $4m from investors and will be the first crypto exchange to operate on a ‘no-CLOB’ basis.
This is the second major sports sponsorship that Hantec Markets has announced so far this year.
NAGA Founder Ben Bilski says he wants to solve a number of different problems facing the crypto trading industry.
Tawasal will integrate Crypto.com into its ‘super app’ and also refer the company’s services to its regional partners.
MGX made the investment in Binance using an unnamed stablecoin. Binance employs around 1,000 people in the UAE.
DB Investing is based in Dubai and has licenses in the Seychelles and the UAE.
ATFX saw a huge surge in stock trading, with the broker now among the top 7 companies globally.
Saxo Bank offers some growth potential, some synergies, and the potential to cream off lots of cash.
Boruvanov will work for NAGA from Sofia. He was most recently Global Head of Sales at rival brand ActivTrades.
INGOT Brokers already has licences in Kenya, the Seychelles, and Jordan.
Saxo Bank was valued at $1.7bn in the deal, which will see it remain as a standalone business.
Fintokei also said that its biggest single payout for the year was $129,032, with an average payout of $3,881.
Baker is the latest in a series of experienced executives to make the move to Kama Capital.
The Stocktwits event will take place on April 30th in New York. eToro is seeking to expand its presence in the US.
Aladham is the second senior appointment that ATFX has announced this week.
Kononovich will work from the INFINOX London office. The broker was acquired by former StoneX executive Marc Joppeck last year.
INFINOX is the first brokerage company that Carlos Casagrande appears to have partnered with.
Lamaris joins Tauro Markets from Octa Markets, where he was Head of Dealing for just under a year.
MEX Orient looks like it will target institutional and B2B2C partners in Asia and the Middle East.
Hantec Markets is sponsoring the series of concerts as part of its efforts to celebrate 35 years of business.
Saxo Bank actually saw a decline in net income from trading activity in 2024, with higher costs offsetting growth in topline revenues.
We speak to Maven Trading CEO Jon Alexander about how the company managed to succeed in a crazy 12 months for the prop industry.
Patel is the latest in a series of senior FXCM executives to join ATFX. He managed FXCM’s trading team for over a decade.
The goal of the new Zerodha product seems to be to make options trading as simple as possible for Indian clients.
Bybit set up the bounty programme for people to help it recover funds stolen in a $1.5bn hack.
OneRoyal is likely to use Forlan to target clients in Latin America.
Versus Trade will offer clients a new set of innovative products to trade in and industry-leading rebates for partners.
Invidiatrade will let users access DXtrade on desktop, web browser, and mobile – all using TradingView charting.
Zeybo joins EC Markets from rival brand FXGT, where he spent almost three years as the firm’s Global Head of Business Development.
XM holds regular galas in key markets around the world but this was the first large scale event that the firm has done in Peru.
DB Investing opened its Dubai office in 2023 and has since made it into a major hub for its operations.
The programme will see 30 students from the Cyprus University of Technology working at Capital.com for a three month period.
Shenouda joins from rival brand StoneX and is the latest in a series of senior executives to join Daman Markets.
Theodosiou previously worked at Exclusive Capital. FundedNext is one of several props that has started expanding into the brokerage space.
XTB CEO Omar Arnaout told TradeInformer last year that Chile had the potential to become one of the broker’s largest branches.