Which CFDs broker saw the arrest of its majority owner? Where? And why?
Which leading online brokers reported record client trading volumes for Q3 2025, in the trillions of dollars?
Which CFDs industry company did Edgewater UK CEO Emanuel Georgouras just join? In what new role?
Who is the new CEO of CFI Bahrain?
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
OctaFX controlling shareholder Pavel Prozorov arrested in Spain. India’s Ministry of Finance (via the Directorate of Enforcement of the Department of Revenue) has announced that it has issued a provisional attachment order attaching movable properties in the form of cryptocurrencies worth approximately Rs. 2,385 Crore (USD $318 million), in connection with an ongoing investigation against the unauthorized forex trading platform OctaFX, for defrauding investors by falsely promising high returns.
Exclusive: Robinhood adding 100+ Event Contracts in coming weeks covering Politics, Sports. FNG Exclusive… FNG has learned from various sources that US neobroker Robinhood Markets (NASDAQ:HOOD) is beginning to aggressively expand its Event Contracts prediction markets offerings. Over the coming weeks and months Robinhood plans to add 100+ new Event Contracts across sports, politics, economics, business, culture, and more.
Exclusive: New CFDs broker Spec FX gets backing from Grace Energy owner James E. Thompson III. FNG Exclusive… FNG has learned that a new, Far East focused Retail FX and CFDs broker called Spec FX (website specfx.com) has launched, with backing from an investor group led by James E. Thompson III, Executive Chairman of Australia based logistics company Grace Group.
Prop firm OneFunded to empower traders with the cTrader ecosystem. Spotware Systems, developer of the cTrader platform, has announced that it has partnered with OneFunded, a UK-based prop trading firm, to provide prop traders with a transparent and professional trading experience. Through this collaboration, OneFunded traders will now be able to trade on cTrader across web, desktop, and mobile, with access to advanced tools, transparent execution, and reliable infrastructure designed for growth.
Results posted this week by CFDs brokers included:
- EC Markets client trading volumes top $3 trillion in Q3 2025.
- CFI Q3-2025 trading volumes top $1.55 trillion, September sees monthly record.
- Plus500 registers drop in revenues in Q3 2025.
Top FX industry executive moves this week
❑ Edgewater UK CEO Emanuel Georgouras moves to B2Prime as CRO.
❑ CFI opens Bahrain office appointing Yaseen Alsamerrai as country CEO.
❑ Scope Prime hires 26 Degrees alum Dhruv Behl for APAC BizDev.
❑ GCEX Dubai Managing Director Mehtap Önder moves to crypto platform Fasset.
❑ Exclusive: Scope Prime hires Exness/ThinkMarkets alum Val Kirilova as Brand Manager.
❑ LME appoints Stephen Higgins as Non-Exec Director.
