In the crypto space, Coinbase is set to debut on the S&P 500 index this month.
Meanwhile, CFD broker Capital.com ended the first three months of 2025 with an 11% increase in client trading volume from the previous quarter.
iForex is pursuing an IPO on the London Stock Exchange after profits dropped by 75% in two years.
"What’s good for the trader, what’s profitable for the broker"
In our weekly roundup, we start with market analysis. The brokerage industry has long been dominated by opaque pricing, aggressive marketing, and layered middlemen.
Tajinder Virk, the CEO and co-founder of Finvasia Group, shared some insight with FinanceMagnates.com, saying he believes that “the job of a
broker is to give you clean access to the market, not bombard you with tools
you don’t understand.”
Tajinder Virk, Source: LinkedIn
Virk also pointed out the “fundamental disconnect between what’s good for the trader and what’s profitable for the broker. We’re here to reset that.” He wanted to “to build was truly zero-cost—no spreads, no payment-for-order-flow, no hidden markups,” and succeeded to do so with his platform Shoonya, which means “zero” in Sanskrit.
eToro and iFOREX IPOs
In a story that dominated headlines this week, Israeli fintech giant eToro is now a public company. The much-anticipated public listing made huge sums of money for early investors.
One of them is Spark Capital, which scored a massive $530 million gain as trading platform eToro (NASDAQ: ETOR) made a spectacular entrance into public markets on Wednesday.
Ahead of the listing, eToro increased the price of its initial public offering (IPO) to $52 per share. The Israeli company has also decided to offer about 12 million shares in the public offering, up from the earlier plan of 10 million.
First day of eToro shares trading on Nasdaq. Source: Investing.com
iForex has announced plans now to list on the London Stock Exchange (LSE), seeking to reverse a troubling financial slide. The company is seeking admission to the LSE with a proposed capital raise of around £5 million.
Interestingly, as Britain’s IPO drought drags on, the Treasury is trying to charm Revolut, Monzo, and other fintech darlings into listing in London instead of flying the fintech coop.
The court also approved a sanctions motion against the regulator. The sanctions resulted from a recommendation by Special Master Jose L. Linares, who urged the court to dismiss the case with prejudice and impose penalties on the CFTC.
In a dramatic twist, the CFTC's lead attorney, Ashley Burden, earlier admitted that he was “careless and sloppy” during the investigation into its lawsuit against the proprietary trading platform My Forex Funds and its CEO, Murtuza Kazmi, according to recent court filings by both the regulator and the prop trading firm.
This week in numbers: Capital.com, IG Group, VT Markets, and Trading 212 UK
Capital.com, a provider of contracts for differences (CFDs) trading services, ended the first three months of 2025 with $656 billion in client trading volumes, an 11% increase from the previous quarter. Of the total trading volume, 53 per cent came from clients in the Middle East, followed by 24 per cent from European traders.
As highlighted by Christoforus Soutzis, CEO of Capital.com Europe, the rise in trading activity between January and March was “driven by increased market volatility, macroeconomic uncertainty, and renewed interest in key markets like the Nasdaq 100 Index and gold.”
Also doing great, IG Group (LON: IGG) expects to close the ongoing fiscal year 2025 with revenue and adjusted profit that “meet or slightly exceed the upper end of the current range” of market expectations.
The movement of IGG shares in the last 1 year (source: Google Finance)
Meanwhile, VT Markets, which offers trading services with CFDs, handled $720 billion in trading volume in April 2025, marking its “strongest-ever” monthly figure. The increase in trading demand came amid an industry-wide trend, as trading platforms benefited from tariff-driven volatility.
In the UK, Trading 212, a retail broker, more than doubled its advertising and marketing expenses in 2024, spending over £39.5 million. In the previous year, the company spent £18 million on the same, meaning there was a year-over-year increase of about 120 per cent.
Coinbase to debut on S&P 500
In the crypto space, Coinbase plans to join the S&P 500 index this month. The index tracks the largest 500 publicly listed companies in the US across various sectors, including finance, tech, healthcare, and more. Coinbase will be listed under the financials sector.
The cryptocurrency exchange will replace Discover Financial Services, which is being acquired by Capital One. Recently, it agreed to acquire the crypto options platform Deribit in a $2.9 billion deal.
And even as the US crypto exchange plans expansion, security remains a challenge, a factor cutting across the industry. A cyberattack that exploited insider access this week, stole sensitive customer data and issued a $20 million ransom demand, which Coinbase refuses to pay.
In a move that has left economists and policy analysts scratching their heads, President Trump has now announced a "total reset" in trade relations with China following discussions in Geneva.
"What’s good for the trader, what’s profitable for the broker"
In our weekly roundup, we start with market analysis. The brokerage industry has long been dominated by opaque pricing, aggressive marketing, and layered middlemen.
Tajinder Virk, the CEO and co-founder of Finvasia Group, shared some insight with FinanceMagnates.com, saying he believes that “the job of a
broker is to give you clean access to the market, not bombard you with tools
you don’t understand.”
Tajinder Virk, Source: LinkedIn
Virk also pointed out the “fundamental disconnect between what’s good for the trader and what’s profitable for the broker. We’re here to reset that.” He wanted to “to build was truly zero-cost—no spreads, no payment-for-order-flow, no hidden markups,” and succeeded to do so with his platform Shoonya, which means “zero” in Sanskrit.
eToro and iFOREX IPOs
In a story that dominated headlines this week, Israeli fintech giant eToro is now a public company. The much-anticipated public listing made huge sums of money for early investors.
One of them is Spark Capital, which scored a massive $530 million gain as trading platform eToro (NASDAQ: ETOR) made a spectacular entrance into public markets on Wednesday.
Ahead of the listing, eToro increased the price of its initial public offering (IPO) to $52 per share. The Israeli company has also decided to offer about 12 million shares in the public offering, up from the earlier plan of 10 million.
First day of eToro shares trading on Nasdaq. Source: Investing.com
iForex has announced plans now to list on the London Stock Exchange (LSE), seeking to reverse a troubling financial slide. The company is seeking admission to the LSE with a proposed capital raise of around £5 million.
Interestingly, as Britain’s IPO drought drags on, the Treasury is trying to charm Revolut, Monzo, and other fintech darlings into listing in London instead of flying the fintech coop.
The court also approved a sanctions motion against the regulator. The sanctions resulted from a recommendation by Special Master Jose L. Linares, who urged the court to dismiss the case with prejudice and impose penalties on the CFTC.
In a dramatic twist, the CFTC's lead attorney, Ashley Burden, earlier admitted that he was “careless and sloppy” during the investigation into its lawsuit against the proprietary trading platform My Forex Funds and its CEO, Murtuza Kazmi, according to recent court filings by both the regulator and the prop trading firm.
This week in numbers: Capital.com, IG Group, VT Markets, and Trading 212 UK
Capital.com, a provider of contracts for differences (CFDs) trading services, ended the first three months of 2025 with $656 billion in client trading volumes, an 11% increase from the previous quarter. Of the total trading volume, 53 per cent came from clients in the Middle East, followed by 24 per cent from European traders.
As highlighted by Christoforus Soutzis, CEO of Capital.com Europe, the rise in trading activity between January and March was “driven by increased market volatility, macroeconomic uncertainty, and renewed interest in key markets like the Nasdaq 100 Index and gold.”
Also doing great, IG Group (LON: IGG) expects to close the ongoing fiscal year 2025 with revenue and adjusted profit that “meet or slightly exceed the upper end of the current range” of market expectations.
The movement of IGG shares in the last 1 year (source: Google Finance)
Meanwhile, VT Markets, which offers trading services with CFDs, handled $720 billion in trading volume in April 2025, marking its “strongest-ever” monthly figure. The increase in trading demand came amid an industry-wide trend, as trading platforms benefited from tariff-driven volatility.
In the UK, Trading 212, a retail broker, more than doubled its advertising and marketing expenses in 2024, spending over £39.5 million. In the previous year, the company spent £18 million on the same, meaning there was a year-over-year increase of about 120 per cent.
Coinbase to debut on S&P 500
In the crypto space, Coinbase plans to join the S&P 500 index this month. The index tracks the largest 500 publicly listed companies in the US across various sectors, including finance, tech, healthcare, and more. Coinbase will be listed under the financials sector.
The cryptocurrency exchange will replace Discover Financial Services, which is being acquired by Capital One. Recently, it agreed to acquire the crypto options platform Deribit in a $2.9 billion deal.
And even as the US crypto exchange plans expansion, security remains a challenge, a factor cutting across the industry. A cyberattack that exploited insider access this week, stole sensitive customer data and issued a $20 million ransom demand, which Coinbase refuses to pay.
In a move that has left economists and policy analysts scratching their heads, President Trump has now announced a "total reset" in trade relations with China following discussions in Geneva.
Aussies on CMC Invest Traded Local Stocks Six Times More Than US-Listed Ones
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
