How much money did Retail FX and CFDs broker iFOREX raise in its initial public offering on the London Stock Exchange? At what valuation? What are iFOREX’s key metrics – revenue, profit, active clients, key geos…?
Which Plus500 senior executives cashed out more than $90 million in company stock?
Which is the latest retail prop trading firm to launch its own branded CFDs brokerage?
What executive changes were seen at INFINOX, Match-Trade, ActivTrades, IG Group, Robinhood, EC Markets, Freetrade, NinjaTrader, Liquidnet, and Finseta, among others?
Some of the most read and commented-on FX/CFD industry news stories to appear over the past seven days on FNG included:
Top FX and CFDs industry news stories this week
iFOREX IPO prospectus details: Revenues $49M, EBITDA $4M. Following our recent coverage of the initial public offering (IPO) of Retail FX and CFDs broker iFOREX on the Main Market of the London Stock Exchange, FNG took a deep dive into iFOREX’s IPO prospectus, revealing some interesting facts and data about the broker, which has been around for quite a long time – 20 years – at least as far as “the industry” goes.
Plus500 executives cash out $91 million in shares. Plus500 itself is not a party to the transaction and will not receive any proceeds from the transaction. As part of the transaction, the Selling Shareholders have agreed to a “lock-up”, and have undertaken not to dispose of any further Ordinary Shares in Plus500 for a period of 365 days, subject to waiver by Panmure Liberum.
Prop firm The Trading Pit launches offshore CFDs brokerage TTP Markets. Retail prop trading firm The Trading Pit has announced that it has become the latest prop firm to launch its own branded CFDs brokerage, called TTP Markets (website ttpmarkets.com). The Trading Pit said that TTP Markets is being launched as a Seychelles-regulated brokerage arm, established as part of a broader strategy to build a diversified and resilient regulatory base in support of long-term international growth.
Match-Trade February release adds full MT5 integration for Match-Trader Prop. Multi-asset trading platform provider Match-Trade Technologies has announced that its latest February 2026 release adds full MetaTrader 5 backend integration for Match-Trader Prop, alongside targeted improvements to onboarding, verification, challenge management, and core operational workflows. Phase-based fees and new add-ons open additional monetization options, while admin tooling updates reduce manual work and speed up configuration.
eToro Revenues rise 6% in Q4 2025 to $227M, Profit hits record $69M. Israel based online broker eToro Group Ltd (NASDAQ:ETOR) had its best quarter of the year in Q4 2025, reporting Revenues (or what the company calls Net Contribution) of $227 million, up by 6% from $215 million in Q3. The higher Revenue figure also translated to the bottom line, with eToro reporting record quarterly Net Profit of $69 million for Q4.
Top FX industry executive moves this week
❑ Exclusive: Tiago da Costa Cardoso returns to INFINOX as Commercial Director.
❑ Exclusive: Match-Trade Head of Platform Alexis Droussiotis departs.
❑ Exclusive: ActivTrades Chairman Patrick Storey steps down, replaced by Martin Bleisteiner.
❑ Exclusive: IG Group names Luke Moore as Head of Growth.
❑ Exclusive: Robinhood hires Gaëtan Thabot to head crypto partnerships.
❑ Exclusive: EC Markets hires eToro alum Nicholas Haralambos McGregor to head Sponsorships.
❑ Viktor Nebehaj stepping down as CEO of Freetrade.
❑ NinjaTrader appoints Christopher Tripp as General Manager, International.
❑ Liquidnet names Michael Gibbons its Global Head of Listed Derivatives Business Development.
❑ Robinhood adds Dr. Naomi Boyd as Chief Economic Advisor.
❑ Finseta appoints Andrew Richards as CFO.
