According to the latest Finance Magnates Intelligence Report
for Q4 2025, active accounts jumped to 6.79 million from 5.92 million in the
previous quarter, a sharp 14.6% increase.
This growth is notable because the fourth quarter typically
brings reduced trading as many firms and clients scale back during the holiday
season.
The government’s move is expected to dent trading volumes in
the local derivatives market as investors weigh the higher costs of
participation. The new rates have sparked speculation that Indian traders
may shift toward contracts for difference, which remain unregulated and exempt
from such levies.
Gold volatility shifts broker risk to balance sheets
However, a double-digit drop in gold on Friday eased some of
that pressure. It allowed brokers to rebalance positions. Still, the volatility
exposed weaknesses in how some firms manage market risk.
The shift follows recent cost-cutting measures, including
staff reductions and the rebranding of parts of its European business under the
Stratos Markets name.
The launch follows Plus500’s recent move to become the
clearing partner for CME and FanDuel’s event-based contracts platform,
highlighting its growing involvement in this emerging asset class.
According to the broker, prediction markets are gaining
traction among both retail and institutional investors as a transparent,
regulated avenue for speculating on real-world outcomes.
Is Interactive Brokers’ Peterffy Backing a Prediction-Markets Startup?
Elsewhere, Lumina Markets, a new venture, begun recruiting
marketing and legal professionals as it prepares to launch a prediction-markets platform. Job listings posted on LinkedIn last week describe the startup as
being “backed by a billionaire pioneer of electronic trading.”
As reported by Business Insider, the listings were uploaded
by an employee of Interactive Brokers, the brokerage founded by Thomas
Peterffy.
Additional corporate records reviewed by Business Insider
indicate that Lumina Markets was incorporated by an in-house lawyer at
Interactive Brokers, with its CEO also being an attorney who has previously
worked closely with both the firm and Peterffy.
Industry research shows trading volumes surged from about $9 billion in 2024 to
roughly $40 billion in 2025, with forecasts suggesting the sector could
approach $1 trillion in annual volume by the end of the decade.
Find event contracts across economics and sports in our Prediction Markets Hub.
Retail brokers have prioritized distribution and
accessibility over product innovation. Robinhood led the shift with its
Prediction Markets Hub, launched in March 2025, embedding event contracts
directly in its main trading app.
Traditionally, mid-caps were known for strong growth potential but offered smaller dividends. That trend has flipped, for the first time since the early 2000s, many mid-cap companies are now cheaper than large caps and paying out noticeably higher dividends.
MFF CEO promises updates for traders awaiting payouts
After more than two years of limited updates,
MyForexFunds CEO Murtuza Kazmi spoke publicly about the firm’s ongoinglegal dispute with the U.S. CFTC. He addressed the 2023 account freezes that
halted operations and shared insights into the company’s efforts to resolve the
case and eventually resume business.
Christian Görgen, a marketing consultant at FYI.LTD,
said most available roles are located in Cyprus, followed by the UAE, Malaysia,
and India, based on his analysis of nearly 1,000 job descriptions across the
brokerage sector.
Titled Payments’ State of Play 2026, the report traces
Singapore’s payments evolution from a focus on domestic infrastructure to
scaling cross-border capabilities.
According to the latest Finance Magnates Intelligence Report
for Q4 2025, active accounts jumped to 6.79 million from 5.92 million in the
previous quarter, a sharp 14.6% increase.
This growth is notable because the fourth quarter typically
brings reduced trading as many firms and clients scale back during the holiday
season.
The government’s move is expected to dent trading volumes in
the local derivatives market as investors weigh the higher costs of
participation. The new rates have sparked speculation that Indian traders
may shift toward contracts for difference, which remain unregulated and exempt
from such levies.
Gold volatility shifts broker risk to balance sheets
However, a double-digit drop in gold on Friday eased some of
that pressure. It allowed brokers to rebalance positions. Still, the volatility
exposed weaknesses in how some firms manage market risk.
The shift follows recent cost-cutting measures, including
staff reductions and the rebranding of parts of its European business under the
Stratos Markets name.
The launch follows Plus500’s recent move to become the
clearing partner for CME and FanDuel’s event-based contracts platform,
highlighting its growing involvement in this emerging asset class.
According to the broker, prediction markets are gaining
traction among both retail and institutional investors as a transparent,
regulated avenue for speculating on real-world outcomes.
Is Interactive Brokers’ Peterffy Backing a Prediction-Markets Startup?
Elsewhere, Lumina Markets, a new venture, begun recruiting
marketing and legal professionals as it prepares to launch a prediction-markets platform. Job listings posted on LinkedIn last week describe the startup as
being “backed by a billionaire pioneer of electronic trading.”
As reported by Business Insider, the listings were uploaded
by an employee of Interactive Brokers, the brokerage founded by Thomas
Peterffy.
Additional corporate records reviewed by Business Insider
indicate that Lumina Markets was incorporated by an in-house lawyer at
Interactive Brokers, with its CEO also being an attorney who has previously
worked closely with both the firm and Peterffy.
Industry research shows trading volumes surged from about $9 billion in 2024 to
roughly $40 billion in 2025, with forecasts suggesting the sector could
approach $1 trillion in annual volume by the end of the decade.
Find event contracts across economics and sports in our Prediction Markets Hub.
Retail brokers have prioritized distribution and
accessibility over product innovation. Robinhood led the shift with its
Prediction Markets Hub, launched in March 2025, embedding event contracts
directly in its main trading app.
Traditionally, mid-caps were known for strong growth potential but offered smaller dividends. That trend has flipped, for the first time since the early 2000s, many mid-cap companies are now cheaper than large caps and paying out noticeably higher dividends.
MFF CEO promises updates for traders awaiting payouts
After more than two years of limited updates,
MyForexFunds CEO Murtuza Kazmi spoke publicly about the firm’s ongoinglegal dispute with the U.S. CFTC. He addressed the 2023 account freezes that
halted operations and shared insights into the company’s efforts to resolve the
case and eventually resume business.
Christian Görgen, a marketing consultant at FYI.LTD,
said most available roles are located in Cyprus, followed by the UAE, Malaysia,
and India, based on his analysis of nearly 1,000 job descriptions across the
brokerage sector.
Titled Payments’ State of Play 2026, the report traces
Singapore’s payments evolution from a focus on domestic infrastructure to
scaling cross-border capabilities.
Jared Kirui is an Editor at Finance Magnates with more than five years of experience in financial journalism. He covers online trading, fintech, payments, and crypto industries with a focus on companies, regulation and compliance, executive moves, trading technology, and market analysis.
His work has been featured in other media outlets, including Benzinga, ZyCrypto, The Distributed, and The Daily Hodl.
Education:
Bachelor of Commerce degree (Finance option), University of Nairobi
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.