Category: Brokers

The launch provides Singaporean investors with what the firm describes as “true cost transparency,” avoiding the additional charges often associated with so-called zero-commission offerings.  IBKR Lite allows trading without minimum balances or hidden fees, while also giving access to the broker’s award-winning platforms, tools and global markets. “We’re pleased to bring zero-commission US stock trading…

Net contribution rose 26% year-on-year to $210 million, driven by higher trading activity.  Assets under administration increased 54% to $17.5 billion, while funded accounts climbed 14% to 3.63 million, boosted by continued user acquisition, retention efforts, and the 2024 purchase of Australian app Spaceship. Adjusted EBITDA was up 31% to $72 million, supported by increased…

The London-listed fintech group posted revenue of $415.1m for the six months to June 30, up 4% from $398.2m a year earlier.  EBITDA edged 1% higher to $185.1m, representing a margin of 45%. Active customers rose 2% to 179,931, while the average revenue per user increased 2% to $2,307.  Average deposits per active customer more…

The company said its new offerings, including a public API, AI-powered dashboards, and algorithmic trading tools, will allow vetted users known as Popular Investors to build and share bespoke strategies.  “We’re enabling our Popular Investors to innovate like top quantitative hedge funds,” said CEO Yoni Assia. The rollout includes Tori, eToro’s AI companion, which delivers…

The acquisition, subject to shareholder approval, will constitute a reverse takeover under AIM rules, prompting a temporary suspension of Fiinu’s shares from 7.30 a.m. on 7 August. The deal includes an initial payment of £8 million through the issue of 80 million new shares at 10p each.  A further £4 million in shares may be…

The move follows Figma’s U.S. market debut on 31 July, which saw shares surge 250% on the first day of trading. Priced at $33 per share in its initial public offering, Figma closed at $115.50 on day one, valuing the company at around $68 billion. However, it has since declined and now trades just above…