Financial and Business News

iFOREX Europe Signs Deal with with Hungarian Football Champions

Monday, 28/07/2025 | 07:08 GMT by Damian Chmiel
  • The brokerage has partnered with Ferencvárosi TC as their official back-of-shirt sponsor starting next season.
  • The deal expands the trading platform's European sports portfolio alongside existing partnerships with PSV Eindhoven and Lech Poznań.
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iFOREX Europe has secured a jersey sponsorship agreement with Ferencvárosi TC, Hungary's most successful football club and current champions. The partnership makes the Cyprus-based trading platform the official back-of-shirt sponsor for the team that just claimed its 36th Hungarian league title in May.

iFOREX Signs Jersey Sponsorship Deal with Hungarian Champions

The deal kicks off next month as Ferencváros prepares for another European campaign after the summer break. It's the sixth straight season the Budapest club has qualified for continental competition.

Itai Sadeh, the CEO of the iForex Group
Itai Sadeh, the CEO of the iForex Group

“Ferencvárosi is synonymous with resilience, preparation, and relentless ambition – qualities that mirror the mindset of successful traders,” said Itai Sadeh, iFOREX's CEO. “We are proud to join forces with a club whose history and future are defined by winning attitudes and community spirit.”

The Hungarian partnership adds to iFOREX's growing sports portfolio across Europe. The company already sponsors PSV Eindhoven in the Netherlands and Lech Poznań in Poland.

SPORTFIVE Hungary arranged the deal and will handle activation for the club. András Igaz, the agency's CEO, emphasized that iFOREX won't just slap its logo on jerseys, “it will also play an active role in the life of the club through joint activities and fan engagement programs.”

The sponsorship amount remains undisclosed. According to FinanceMagnates.com, CFD brokers often invest millions in football sponsorships. Last season, Swissquote led with $15 million, followed by eToro at $10.7 million and Plus500 at $10.5 million. Other notable sponsors included Libertex, AvaTrade, Vantage, Doo Group, and CFI Group.

What About the IPO?

iFOREX has been operating since 1996 and offers a proprietary platform where retail clients can trade contracts for difference across more than 870 instruments. The company is licensed by both the Cyprus Securities and Exchange Commission and the BVI Financial Services Commission.

The most talked-about topic surrounding iFOREX in recent months has been its planned IPO on the London Stock Exchange. The listing was intended to help reduce the firm’s revenue dependence on Asia and support expansion into new markets.

The company had aimed to debut by the end of June 2025 but announced last month that it was temporarily hitting pause on its plans to become an LSE-listed entity. According to official statements, the delay was due to a compliance inspection in the British Virgin Islands, one of the jurisdictions where the company is licensed.

The process was reportedly near completion, but no further updates on the IPO have been released since.

iFOREX Europe has secured a jersey sponsorship agreement with Ferencvárosi TC, Hungary's most successful football club and current champions. The partnership makes the Cyprus-based trading platform the official back-of-shirt sponsor for the team that just claimed its 36th Hungarian league title in May.

iFOREX Signs Jersey Sponsorship Deal with Hungarian Champions

The deal kicks off next month as Ferencváros prepares for another European campaign after the summer break. It's the sixth straight season the Budapest club has qualified for continental competition.

Itai Sadeh, the CEO of the iForex Group
Itai Sadeh, the CEO of the iForex Group

“Ferencvárosi is synonymous with resilience, preparation, and relentless ambition – qualities that mirror the mindset of successful traders,” said Itai Sadeh, iFOREX's CEO. “We are proud to join forces with a club whose history and future are defined by winning attitudes and community spirit.”

The Hungarian partnership adds to iFOREX's growing sports portfolio across Europe. The company already sponsors PSV Eindhoven in the Netherlands and Lech Poznań in Poland.

SPORTFIVE Hungary arranged the deal and will handle activation for the club. András Igaz, the agency's CEO, emphasized that iFOREX won't just slap its logo on jerseys, “it will also play an active role in the life of the club through joint activities and fan engagement programs.”

The sponsorship amount remains undisclosed. According to FinanceMagnates.com, CFD brokers often invest millions in football sponsorships. Last season, Swissquote led with $15 million, followed by eToro at $10.7 million and Plus500 at $10.5 million. Other notable sponsors included Libertex, AvaTrade, Vantage, Doo Group, and CFI Group.

What About the IPO?

iFOREX has been operating since 1996 and offers a proprietary platform where retail clients can trade contracts for difference across more than 870 instruments. The company is licensed by both the Cyprus Securities and Exchange Commission and the BVI Financial Services Commission.

The most talked-about topic surrounding iFOREX in recent months has been its planned IPO on the London Stock Exchange. The listing was intended to help reduce the firm’s revenue dependence on Asia and support expansion into new markets.

The company had aimed to debut by the end of June 2025 but announced last month that it was temporarily hitting pause on its plans to become an LSE-listed entity. According to official statements, the delay was due to a compliance inspection in the British Virgin Islands, one of the jurisdictions where the company is licensed.

The process was reportedly near completion, but no further updates on the IPO have been released since.

About the Author: Damian Chmiel
Damian Chmiel
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Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.

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