CFD brokers find a loophole in India’s rules Our weekly news summary starts with an interesting regulatory development for CFD brokers in India. Although CFDs aren’t explicitly banned in the region, strict currency control laws effectively make it illegal for offshore brokers to take Indian clients. Join IG, CMC, and Robinhood at London’s leading trading…
Germany to require CFD-style warnings for turbos Among a set of headlines shaping the market this week, Germany’s financial regulator, BaFin, will introduce new restrictions on turbo certificates starting next year. The rules come after data showed that 543,000 retail investors traded turbos between January 2019 and December 2023, with 74.2% of them incurring losses….
Bridgewise launches AI tool for CFD brokers This week, a new version of an AI market analysis chat tool for CFD brokers hit the market. Bridgewise launched an updated version of Bridget, an AI-based market analysis chat solution tailored for global CFD brokers. The solution is currently in pilot with 300,000 traders. The company has…
IG Group Q1 revenue drops as trading slows Another week, another set of headlines driving the markets. IG Group reported net trading revenue of £231.9 million in the first quarter of its 2026 fiscal year, a 4% decline from the same period last year. The London-listed broker said total revenue fell 7% to £259.9 million…
Prop firms dodge restrictions in India with “education” branding Prop firms seem to have found a way into India’s market: Using “education” campaigns to attract clients while avoiding banned terms like forex and CFDs. Ads in Hinglish – a blend of Hindi and English – are also proving especially effective. A sector-wide analysis of the…
Kraken steps into prop trading Prop trading is attracting a new market segment: crypto. This week, Kraken acquired Breakout, a proprietary trading firm that provides traders with access to capital for executing strategies. The acquisition marks Kraken as the first cryptocurrency exchange to enter the proprietary trading space. NEW: Kraken acquires Breakout to launch performance-based…
Prop trading returns to MT5 in the US Two leading proprietary trading firms, FTMO and The5ers, relaunched services for US-based traders after suspending them earlier this year. FTMO reintroduced access through MetaTrader 5, making it the only prop firm currently offering MT5 in the United States. In contrast, The5ers has opted for cTrader, aligning with…
Another prop firm closes Is competition in the prop trading space heating up? Prop trading firm Propel Capital shut down just 14 months after its launch, saying competition in the industry had made operations unsustainable. The firm’s website also went offline following the announcement. Official Announcement: Please read pic.twitter.com/FFp4xixsKl — PropelCapitalUK (@PropelCapitalUK) August 19, 2025…
IG CEO made $4.5M in FY25 This week’s recap highlights interesting figures in executive pay in the CFD brokerage sector. IG Group CEO Breon Corcoran became the second-highest-paid chief among London-listed CFD brokers in fiscal 2025, earning about £3.35 million ($4.46 million). Comparatively, Plus500 CEO David Zruia topped the list with $4.97 million, while CMC…
Tokenized stocks surge in July Interest in tokenized stocks rose sharply in July, with the combined market capitalization of TSLA and SPY reaching $53.6 million, according to a report by Binance. This marked a 220% increase compared to June. The number of on-chain addresses associated with tokenized stock assets grew significantly, rising from 1,600 to…