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IG Group is buying Australian crypto exchange Independent Reserve at an enterprise value of A$178m (£86.8m)—about 5× FY25 revenue. The deal (pending MAS and FIRB approvals) is slated to close early 2026 and supports IG’s crypto push across APAC and the Middle East. Independent Reserve reports 129,400 funded accounts, A$1.7bn AUC, A$35.3m FY25 revenue, and A$9.9m EBITDA (28.2% margin). IG will pay A$109.6m upfront plus up to A$15m contingent, and ... [show/hide]
Friday 19 September, 2025
Effective 1 Nov 2025, the Securities Commission Malaysia (SC) will treat promotions of unlicensed brokers—including social posts and referral/affiliate links—as advertising. Offenders face penalties of up to RM10 million, 10 years’ imprisonment, or both. This puts finfluencers, IBs, affiliates, and traders sharing promo codes squarely in scope and forces prop firms using Malaysian ambassadors to tighten compliance immediately.
Monday 01 September, 2025
Retail FX broker Exness has suspended new account registrations in India, blocking access for users attempting to sign up from Indian IP addresses. Those visiting the site are redirected to a login page without a registration option, with a message stating: “Registrations in your region are unavailable.” This unexpected restriction has raised concerns, particularly for Introducing Brokers (IBs) with large client bases in the region. Musaddaq Shabir, ... [show/hide]
Thursday 17 July, 2025
Swissquote has officially integrated with TradingView, allowing users to trade 400+ CFDs and global forex pairs directly from TradingView’s charts. The move gives traders seamless access to assets like cryptocurrencies, commodities, indices, and equities through a fully regulated broker. Users can connect their Swissquote accounts using existing credentials via TradingView’s broker panel. The integration offers spreads from 1.1 pips, execution speeds ... [show/hide]
Thursday 22 May, 2025
Online brokerage Libertex has officially joined the Monaco Grand Prix, strengthening its visibility in Formula 1. The move follows its multi-year partnership with the KICK Sauber F1 Team, where Libertex serves as the Official Online Trading Partner. The Monaco Grand Prix is a key activation point in the deal, aligning with Libertex’s focus on performance, precision, and innovation. Libertex offers CFD trading across Forex, commodities, ETFs, crypto, ... [show/hide]
Thursday 22 May, 2025
NAGA Group (XETRA: N4G) has integrated the Bucharest Stock Exchange (BSE) into its platform, making it the first international broker to provide retail investors with direct access to Romanian shares. This expansion adds new investment opportunities in Eastern Europe as NAGA's stock struggles, down 20% in 2025 and nearing historical lows. CEO Octavian Patrascu highlighted Romania’s strong economic growth and the previously limited access to its capital ... [show/hide]
Tuesday 04 March, 2025
OANDA has launched the OANDA Prop Trader Community and Loyalty Program, marking a new phase in its prop trading business under FTMO. The program offers a structured rewards system, integrating CRM automation to incentivize purchases, referrals, and engagement. Users can redeem earned coins for discount coupons through an online store. The move follows FTMO’s acquisition of OANDA, a deal reflecting the industry's shift toward regulatory compliance by ... [show/hide]
Tuesday 25 February, 2025
NAGA Group AG reported €62.3 million in revenue for 2024, aligning with expectations as the company focused on integrating CAPEX Group and streamlining operations. Cost-saving measures, including reduced marketing and personnel expenses, resulted in a 13% EBITDA margin, up from 11% in 2023. Despite lower revenue compared to €77.5 million in 2023, NAGA achieved cash break-even, marking its first step toward self-sustainability. The company expects ... [show/hide]
Friday 07 February, 2025
Pepperstone, a Melbourne-based forex and CFDs broker, has signed a multi-year sponsorship with the Aston Martin Aramco Formula One Team. It becomes the team’s Global Forex and Trading Partner, with Pepperstone’s branding debuting on the race car for the 2024 season. Although the cost was not disclosed, F1 sponsorships typically start at about $500,000. Aston Martin previously partnered with AvaTrade, which now sponsors Oracle Red Bull Racing. Fernando ... [show/hide]
Monday 06 January, 2025
OspreyFX has announced the Gold Rush Trading Competition, set to run from November 27th to December 6th, 2024. This event invites traders to demonstrate their skills in a battle for cash prizes and funded trading challenges. Participants will ... [show/hide]
Wednesday 27 November, 2024
RoboForex, a global leader in online trading, has introduced a $30 welcome bonus for new clients and a high-leverage option of up to 1:2000 on MT4 and MT5 platforms. The $30 bonus, available after a simple registration and verification process, ... [show/hide]
Monday 25 November, 2024
XM Group, a leading forex and CFD broker, has launched a $30 no-deposit bonus for new clients, available until the end of 2024. This promotion allows traders to open a live account, experience real market conditions, and test strategies without any ... [show/hide]
Monday 25 November, 2024
Pepperstone has partnered with UFC as its official partner in Asia, targeting the overlapping demographic of 18-34-year-old males, which is common among UFC fans and day traders. The deal aims to boost Pepperstone’s brand presence in Asia, where UFC’s fan base exceeds 400 million. CEO Tamas Szabo emphasized shared values of passion and drive in the partnership.
Monday 18 November, 2024
CMC Markets has partnered with New Zealand’s ASB Bank to provide white-label trading technology, allowing ASB’s 1.5 million customers access to over 15 international markets. Integration will take 12-18 months, supporting CMC's expansion in the APAC region. This move aligns with CMC's plans to become an NZX Trading and Clearing Participant by 2025, further strengthening its regional presence.
Friday 01 November, 2024
Plus500 reported strong Q3 2024 results with an 11% revenue increase to $187.3 million and a 2% EBITDA rise to $82.2 million. Active users grew 2% to nearly 121,000, with average deposits up 17% to $6,150. Total trades jumped to 14.5 million, a ... [show/hide]
Monday 28 October, 2024