Online Trading Firm iFOREX Eyes IPO on London Stock Exchange

By: finance magnates|2025/05/09 23:00:11
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London’s capital markets may soon welcome another fintechplayer as online trading platform iFOREX evaluates a potential listing on theLondon Stock Exchange. Founded in 1996 by Eyal Carmon, iFOREX has long offered adigital platform for trading Contracts for Difference (CFDs) and forex. Itsservices span commodities, indices, stocks, and cryptocurrencies, catering to abroad base of retail investors. Now, nearly three decades later, the firm is preparing toopen a new chapter through public listing. The company believes a London IPOcould bring both credibility and visibility as it looks to expand itsfootprint. Deploying AI and Brand Visibility The proceeds from the potential Initial Public Offeringwould serve several goals. iFOREX plans to strengthen its brand, deployartificial intelligence technologies to enhance the platform, and secure newregulatory licenses. Financially, the company posted a trading income of $50.1million for the year ending December 31, with adjusted pre-tax profits of $7.6million. While not disclosing a timeline or valuation target, iFOREX’sannouncement signals a growing trend of private fintech firms turning to publiccapital markets to fuel their next stage of development. Expect ongoing updates as this story evolves. London’s capital markets may soon welcome another fintechplayer as online trading platform iFOREX evaluates a potential listing on theLondon Stock Exchange. Founded in 1996 by Eyal Carmon, iFOREX has long offered adigital platform for trading Contracts for Difference (CFDs) and forex. Itsservices span commodities, indices, stocks, and cryptocurrencies, catering to abroad base of retail investors. Now, nearly three decades later, the firm is preparing toopen a new chapter through public listing. The company believes a London IPOcould bring both credibility and visibility as it looks to expand itsfootprint. Deploying AI and Brand Visibility The proceeds from the potential Initial Public Offeringwould serve several goals. iFOREX plans to strengthen its brand, deployartificial intelligence technologies to enhance the platform, and secure newregulatory licenses. Financially, the company posted a trading income of $50.1million for the year ending December 31, with adjusted pre-tax profits of $7.6million. While not disclosing a timeline or valuation target, iFOREX’sannouncement signals a growing trend of private fintech firms turning to publiccapital markets to fuel their next stage of development. Expect ongoing updates as this story evolves.

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