The broker’s Australian unit posted record operating income.
Deputy CEO David Fineberg will move into the newly created role of Global Head of Strategic Partnerships.
CMC Markets (LON: CMCX) closed the fiscal year 2025, which ended on 31 March, with a net operating income of £340.1 million—a modest 2 per cent annual increase—while pre-tax profits jumped by 33 per cent to £84.5 million. Its net profit came in at £62.2 million.
Interestingly, its annual trading and investing revenue declined by 2 per cent to £313.3 million.
A Record Year for Aussie Business
The financial results released today (Thursday) show that the broker’s Australian stockbroking unit achieved a record net operating income of AU$106.3 million, up from AU$85.1 million in the previous year, driven by “double-digit growth in active clients and new accounts.”
The London-headquartered broker improved its profit margin to 24.8 per cent, up from 19 per cent in the previous year. Basic earnings per share rose by 35 per cent to 22.6 pence.
Annual interest income increased by 21 per cent to £42.5 million, “driven in part by strong performance from our Treasury Management and Capital Markets division.” EBITDA also rose by 12 per cent to £103.4 million.
CMC, until now, operated two business vertices, Direct-to-Consumer (D2C) platform and its B2B-focused Platform Technology as a Service (PTAS). Now, it has launched a third segment, Decentralised Finance (DeFi) and Web 3.0 capabilities.
Lord Peter Cruddas, CMC Markets Chief Executive and Founder, Source: CMC
"This is a move that positions CMC to take advantage of the structural changes we are seeing in the financial ecosystem in the years to come," said CMC Group's CEO, Lord Peter Cruddas.
Board Reshuffle
CMC has also announced a reshuffle to its board. David Fineberg, currently Deputy Chief Executive Officer and Board Director, will not stand for re-election and will transition into the newly created role of Global Head of Strategic Partnerships. The role will focus on strengthening key institutional relationships and accelerating growth through partnerships such as those with Revolut and StrikeX.
Matthew Lewis, currently Head of ANZ and a Board Director, will also step down from CMC’s board. However, he will continue focusing on expanding the Group’s footprint in the ANZ region, particularly in stockbroking and digital asset services.
Meanwhile, the board has appointed Laurence Booth, CMC’s Global Head of Capital Markets, as an Executive Director.
CMC Markets (LON: CMCX) closed the fiscal year 2025, which ended on 31 March, with a net operating income of £340.1 million—a modest 2 per cent annual increase—while pre-tax profits jumped by 33 per cent to £84.5 million. Its net profit came in at £62.2 million.
Interestingly, its annual trading and investing revenue declined by 2 per cent to £313.3 million.
A Record Year for Aussie Business
The financial results released today (Thursday) show that the broker’s Australian stockbroking unit achieved a record net operating income of AU$106.3 million, up from AU$85.1 million in the previous year, driven by “double-digit growth in active clients and new accounts.”
The London-headquartered broker improved its profit margin to 24.8 per cent, up from 19 per cent in the previous year. Basic earnings per share rose by 35 per cent to 22.6 pence.
Annual interest income increased by 21 per cent to £42.5 million, “driven in part by strong performance from our Treasury Management and Capital Markets division.” EBITDA also rose by 12 per cent to £103.4 million.
CMC, until now, operated two business vertices, Direct-to-Consumer (D2C) platform and its B2B-focused Platform Technology as a Service (PTAS). Now, it has launched a third segment, Decentralised Finance (DeFi) and Web 3.0 capabilities.
Lord Peter Cruddas, CMC Markets Chief Executive and Founder, Source: CMC
"This is a move that positions CMC to take advantage of the structural changes we are seeing in the financial ecosystem in the years to come," said CMC Group's CEO, Lord Peter Cruddas.
Board Reshuffle
CMC has also announced a reshuffle to its board. David Fineberg, currently Deputy Chief Executive Officer and Board Director, will not stand for re-election and will transition into the newly created role of Global Head of Strategic Partnerships. The role will focus on strengthening key institutional relationships and accelerating growth through partnerships such as those with Revolut and StrikeX.
Matthew Lewis, currently Head of ANZ and a Board Director, will also step down from CMC’s board. However, he will continue focusing on expanding the Group’s footprint in the ANZ region, particularly in stockbroking and digital asset services.
Meanwhile, the board has appointed Laurence Booth, CMC’s Global Head of Capital Markets, as an Executive Director.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
