What led to a $2.5 million H1 2026 loss at iFOREX? And, what does the company plan to improve things going forward?

Where did FCA and CMVM (Portugal) regulated broker ActivTrades add a new license?

Which (now former) ADSS executives were recruited over to rival MENA focused online broker Daman Markets?

Some of the most read and commented-on FX/CFD industry news stories to appear over the past seven days on FNG included:

Top FX and CFDs industry news stories this week

iFOREX incurs $2.5M loss in H1 2026. iFOREX Financial Trading Holdings Ltd (LON:IFRX) has announced its unaudited interim results for the six months ended 30 June 2026 (“H1 2026”). The financial performance reflects the previously announced FX headwinds and higher client liabilities at the period end as well as non-recurring IPO costs.

ActivTrades adds UAE CMA Category 5 license. FNG has learned that London based Retail FX and CFDs broker ActivTrades has received a UAE CMA license, for subsidiary ActivTrades Financial Services LLC. In addition to the UAE, the ActivTrades brand operates under licensed subsidiaries around the globe including the EU (via Portugal CMVM license), UK (FCA), Bahamas (SCB), Brazil (Bacen), and Mauritius (FSC). The Category 5 license allows ActivTrades to engage in introduction and promotion activities in the UAE.

etoro to migrate clients to new trading app. Israel based online broker etoro (NASDAQ:ETOR) has announced that from October 4th it will begin the gradual migration to its new app. etoro said that the new app is 5 times faster, with richer asset pages, advanced charts, and advanced modes for your watchlist and portfolio. The old etoro app will eventually be retired.

Exclusive: Finalto revenues up 4% in 2025 to $75M, Profit $18M. FNG Exclusive… In a year in which it saw a lot of change including the departure of longtime CEO Matt Maloney, leading multi-asset liquidity and fintech solutions provider Finalto apparently saw fairly strong financial results for 2025. FNG has learned via regulatory filings that revenues at Finalto came in $75.2 million in 2025, up by 4% over 2024’s $72.5 million. Net Profit grew by 65% in 2025, to $17.9 million (2024: $10.8 million).

Top FX industry executive moves this week

❑ Exclusive: Daman Markets hires ADSS alum Srijan Katyal as CCO.

❑ ADSS Head of Sales Trading Neal Keane moves to Daman Markets.

❑ Alya Marrakchi appointed Managing Director of GCEX Dubai.

❑ Exclusive: Kama Capital taps CPT Markets exec Medhat Attia as Head of Retail Sales.

❑ Trading 212 taps Revolut alum Ricardo Soares as Country Manager Portugal.

❑ Exclusive: PrimeXM CCO Christina Barbash departs.