Which CFDs broker saw its majority owner arrested? Where; And why?

Which Top Online Brokers Reported Record Client Trading Volume for Q3 2025, in Trillions of Dollars?

Edgewater UK CEO Emanuel Georgouras has just joined which CFD industry firm? In what new role?

Who is the new CEO of CFI Bahrain?

Some of the most read and commented on FX/CFD industry news that appeared in the last seven days on FNG include:


Top FX and CFD industry news this week

OctaFX shareholder Pavel Prozorov was arrested in Spain. The Ministry of Finance of India (through the Enforcement Directorate of the Ministry of Revenue) has announced that it has issued an interim seizure order attaching movable assets in the form of cryptocurrencies worth approximately Rs. 2,385 Crore (US$318 million), in connection with an ongoing investigation against unauthorized forex trading platform OctaFX, for defrauding investors by falsely promising high returns.

Exclusive: Robinhood adds 100+ event contracts in coming weeks covering Politics, Sports. Exclusive FNG… FNG has learned from various sources that US broker Robinhood Markets (NASDAQ:HOOD) is beginning to aggressively expand its event contract prediction market offerings. In the coming weeks and months Robinhood plans to add 100+ new event contracts in sports, politics, economics, business, culture and more.

Exclusive: New CFDs broker Spec FX gets backing from Grace Energy owner James E. Thompson III. Exclusive FNG… FNG has learned that a new Far East-focused retail FX and CFD broker called Spec FX (website specfx.com) has launched, backed by a group of investors led by James E. Thompson III, Executive Chairman of Australia-based logistics firm Grace Group.

Support OneFunded to empower traders with the cTrader ecosystem. Spotware Systems, developer of the cTrader platform, announced that it has partnered with OneFunded, a UK-based trading products company, to provide prop traders with a transparent and professional trading experience. Through this partnership, OneFunded traders will now be able to trade on cTrader on web, desktop and mobile, with access to advanced tools, transparent execution and reliable infrastructure designed for growth.

Results published this week by CFDs brokers include:

  • EC Markets’ client trading volume exceeded $3 trillion in the third quarter of 2025.
  • CFI 3-2025 trading volume exceeded $1.55 trillion, September sets a monthly record.
  • Plus500 records revenue decline in Q3 2025.

The FX industry’s top executive is on the move this week

Emmanuel Georgouras

❑ Edgewater UK CEO Emanuel Georgouras moves to B2Prime as CRO.

❑ CFI opens office in Bahrain by appointing Yaseen Alsamerrai as Country Managing Director.

❑ Scope Prime Hires 26 Grade Alum Dhruv Behl for APAC BizDev.

❑ GCEX Dubai CEO Mehtap Önder moves to Fasset crypto platform.

Exclusive: Scope Prime hires Exness/ThinkMarkets alum Val Kirilova as Brand Manager.

❑ LME appoints Stephen Higgins as non-executive director.