iFOREX, a forex and CFDs broker, has expanded its product range by adding CFDs on Saudi Arabian and South Korean shares. The move broadens the broker’s equity offering and adds exposure to two Asian and Middle Eastern markets.
The product expansion comes as iFOREX has delayed its planned London Stock Exchange IPO. The company said the delay is linked to a “routine compliance inspection” by the British Virgin Islands regulator. The review was disclosed in its registration documents and is nearing completion.
iFOREX Adds Saudi, South Korean CFDs
Clients can now trade CFDs on shares of 13 Saudi companies listed on the Saudi Exchange. The stocks cover sectors including energy, technology, and finance. CFDs on selected South Korean shares are also available.
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The addition allows clients to trade Saudi stocks on Sundays. The Saudi Exchange operates from Sunday to Thursday, unlike most major global stock markets.
Commenting on the launch, iFOREX CEO Itai Sadeh said the company is offering CFDs on shares from “Saudi Arabia and South Korea.” He added that the expansion anticipates “important regulatory changes, particularly in Saudi Arabia.”
Saudi Equity Market Opens, Broker Responds
The launch comes as Saudi Arabia continues efforts to attract foreign capital and liberalise its equity market. Regulatory changes under discussion include a possible easing of the 49% foreign ownership cap. These changes are expected to be finalised in 2026.
iFOREX operates in 159 countries. It offers access to more than 870 instruments, including FX, commodities, indices, stocks, ETFs, and cryptocurrencies .
iFOREX Sponsors Ferencváros, Lech, PSV
Alongside its product expansions, iFOREX is also boosting its brand presence in Europe through sports sponsorships. iFOREX Europe has become the official back-of-shirt sponsor for Hungarian champions Ferencvárosi TC. The partnership adds to iFOREX’s sponsorships in Europe, complementing deals with PSV Eindhoven. Earlier, iFOREX increased its visibility by sponsoring Polish football club Lech Poznań.