ADVFN UK Market News

Tag: Forex

  • eToro Launches 4% Stock-Back Debit Card for UK Customers

    eToro Launches 4% Stock-Back Debit Card for UK Customers

    eToro has unveiled a compelling new incentive for UK users of its Visa debit card: up to 4% cashback in the form of UK-listed stocks. The initiative allows cardholders to earn equity rewards on everyday purchases, with a monthly cap of £1,500 in stock value.

    The programme enables users to select from a curated list of UK equities to receive as cashback. These stock rewards can either be held as investments or sold at the user’s discretion. According to Doron Rosenblum, Executive Vice President of Business Solutions at eToro, the offering is designed to integrate spending with long-term investing goals.

    “Eligible eToro UK clients can now manage their money efficiently while building their investment portfolios through everyday spending,” Rosenblum noted.

    Dan Moczulski, Managing Director of eToro UK, added that the initiative aims to “redefine cashback” by turning routine purchases—from coffee to groceries—into incremental stock ownership.

    The launch follows eToro’s recent public listing on Nasdaq, which raised $403 million. The company’s aggressive push into the debit card space reflects a broader trend among brokers to enhance user engagement through financial incentives. Competitors such as IG Group and NAGA have also introduced interest-bearing features on idle cash balances to attract and retain clients.

    eToro’s stock-back debit card is part of its broader mission to lower the barriers to investing and foster habitual wealth-building through accessible tools.

    About eToro

    Founded in 2007 and headquartered in Israel, eToro Group Ltd. is a global multi-asset investment platform known for pioneering social trading. The company enables users to trade and invest in equities, cryptocurrencies, commodities, currencies, and options—either directly or via derivatives. With over 38 million registered users across 140 countries, eToro combines traditional investing with innovative tools like CopyTrader™ and thematic portfolios.

    eToro operates under regulatory oversight from the FCA (UK), CySEC (EU), ASIC (Australia), and FinCEN (US). In 2025, the company went public on the Nasdaq under the ticker ETOR, achieving a valuation of $5.5 billion. Its ecosystem includes eToro Money, eToro Academy, and a growing suite of financial education and trading tools.

    For a detailed comparison of brokers, you can check ADVFN Broker Listing.

  • Moneta Markets Unveils Prop Trading Venture, Launches Executive Search

    Moneta Markets Unveils Prop Trading Venture, Launches Executive Search

    Moneta Markets is preparing to enter the proprietary trading space with the launch of a dedicated prop trading firm. The initiative, led by CEO and Founder David Bily, is nearing completion, with the company now actively recruiting a General Manager to spearhead operations.

    In a recent LinkedIn announcement, Bily described the ideal candidate as a “results-driven” leader capable of scaling the new venture into a competitive force within the industry. The role will encompass team building, operational oversight, performance management, and strategic growth.

    “The product is nearly ready,” Bily stated. “Now I just need the right person to scale it into a fierce industry competitor.”

    The firm is targeting candidates with proven experience in proprietary trading, strong leadership and strategic planning capabilities, and a deep understanding of risk management and trader support. Sales and marketing expertise are also key, with a preference for candidates based in Dubai or willing to relocate.

    This move signals Moneta Markets’ broader ambition to diversify its offerings and tap into the growing demand for structured trading opportunities.

    Industry Recognition

    Moneta Markets has earned multiple accolades at the ADVFN International Financial Awards, including Best Low Cost Broker and Best Forex Trading App in 2025. These awards underscore the firm’s commitment to delivering accessible, high-performance trading solutions to a global client base.

    About Moneta Markets

    Founded in 2009 and headquartered in George Town, Cayman Islands, Moneta Markets is a multi-asset trading platform offering access to over 1,000 instruments, including forex, commodities, indices, share CFDs, and ETFs. The company operates globally with regulatory oversight from the FSCA and SLIBC, and it maintains client fund security through segregated accounts and negative balance protection.

    Moneta Markets handles over $100 billion in monthly trading volume and supports a suite of platforms including MetaTrader 4, MetaTrader 5, ProTrader, and AppTrader. With a client base exceeding 70,000 accounts and more than 1.5 million trades executed monthly, the firm has positioned itself as a trusted name in the online trading space.

    For a detailed comparison of brokers, you can check ADVFN Broker Listing.

  • CMC Markets Insider Activity Draws Attention Amid Share Price Pressure

    CMC Markets Insider Activity Draws Attention Amid Share Price Pressure

    A recent regulatory filing has revealed that Victoria Fineberg, a person closely associated with David Fineberg, Deputy CEO of CMC Markets, has sold approximately £252,000 worth of shares in the London-listed brokerage. The transaction, disclosed via the London Stock Exchange, involved the disposal of 100,000 CMCX shares over four trading sessions beginning last Monday.

    This development comes at a time when CMC Markets’ stock has been under pressure, having declined by roughly 13% since the release of its FY25 financial results. Despite reporting a 33% increase in pre-tax profit to £84.5 million, the company’s performance in the final quarter of the fiscal year fell short of expectations, contributing to the recent share price weakness.

    Diverging Insider Moves

    Interestingly, while Victoria Fineberg has reduced her exposure, Deputy CEO David Fineberg has continued to increase his stake in the company. Earlier this year, he acquired over £420,000 worth of CMCX shares through his self-invested pension plan and continues to receive additional shares through the firm’s incentive scheme.

    This divergence in insider activity has sparked interest among market watchers, particularly given the broader context of CMC’s evolving business strategy and market positioning.

    Ownership Structure and Strategic Direction

    Lord Peter Cruddas, the company’s founder and CEO, remains the dominant shareholder, holding approximately 64% of the company’s equity. Institutional investors such as Aberforth and Schroders each maintain stakes of around 5%, while the remaining shares are distributed among retail investors, employees, and other stakeholders.

    CMC Markets operates both retail and institutional trading divisions, offering a wide range of CFD products and white-label solutions. Notably, the firm powers trading services for platforms like Revolut and has expanded its reach through partnerships such as its white-label deal with ASB Bank in New Zealand.

    Embracing Innovation

    While CMC has expanded into areas like DeFi, Web3, and white-label partnerships with fintechs such as Revolut and ASB Bank, many investors appear unconvinced that these moves are translating into sustainable growth. The company’s Q4 FY25 results fell short of expectations, triggering a 13% drop in share price and reinforcing concerns about execution risk and earnings volatility.

    Adding to the unease, analysts have issued a “Reduce” consensus rating, with a 12-month price target of GBX 192, implying a potential 24% downside from current levels. This bearish outlook reflects doubts about the company’s ability to deliver consistent returns amid a rapidly evolving trading landscape.

    Despite a 33% rise in pre-tax profit, the company’s final quarter underperformance and reliance on founder Lord Cruddas, who holds a 64% stake, have raised questions about governance and strategic agility. Some investors worry that the firm’s heavy founder ownership may limit responsiveness to market pressures or shareholder input.

    For a detailed comparison of brokers, you can check ADVFN Broker Listing.

  • Hantec Markets Partners with Swiset to Deliver Real-Time Analytics and Gamified Engagement Tools to Trader

    Hantec Markets Partners with Swiset to Deliver Real-Time Analytics and Gamified Engagement Tools to Trader

    Global multi-regulated broker Hantec Markets has announced a strategic partnership with fintech innovator Swiset, aiming to enhance the trading experience for its clients through the integration of real-time analytics, performance tracking, and gamified engagement tools.

    This collaboration marks a significant step in Hantec’s ongoing mission to empower traders with cutting-edge technology and actionable insights. By embedding Swiset’s platform into its trading environment, Hantec is offering clients a more interactive and data-driven approach to trading—one that supports both skill development and community engagement.

    “Together, we’re helping traders of all levels unlock their potential, backed by the technologies and tools that matter,” said Raj Naik, Chief Marketing Officer at Hantec Markets.

    A New Era of Trader Engagement

    The integration will provide Hantec clients with access to a suite of tools designed to elevate their trading journey. These include real-time trade analytics, performance dashboards, and interactive challenges that allow users to track progress, benchmark against peers, and participate in competitions.

    The first initiative under this partnership is a demo trading competition, offering participants the chance to win exclusive prizes—including a VIP matchday experience with Atlético de Madrid, one of Hantec’s key brand partners.

    Swiset’s platform is already known for its robust capabilities in portfolio management, trader performance analysis, and gamified learning environments. It supports seamless integration with popular trading platforms like MetaTrader and cTrader, enabling brokers and proprietary trading firms to deliver a more engaging and educational experience to their users.

    “At Swiset, we are building an ecosystem where traders don’t just compete—they evolve,” said Andrés Jiménez, COO of Swiset. “Collaborating with a leading broker like Hantec strengthens our commitment to excellence, community, and innovation.”

    Driving Innovation in Retail Trading

    This partnership reflects a broader trend in the retail trading space: the shift toward personalized, data-rich, and community-driven platforms. As traders increasingly seek tools that go beyond execution—tools that help them learn, grow, and connect—brokers like Hantec are responding with strategic investments in fintech partnerships.

    By combining Hantec’s global trading infrastructure with Swiset’s analytics and engagement engine, the two companies are creating a more dynamic and supportive environment for traders of all experience levels.

    The move also reinforces Hantec’s commitment to transparency, education, and trader empowerment, aligning with its broader vision of delivering a best-in-class trading experience.

    With over 500 employees worldwide, a growing list of industry accolades—including “Most Transparent Broker Global” and “Best Trading Experience LatAm”—and a strong focus on client success, Hantec Markets continues to redefine what it means to be a modern broker.

    For a detailed comparison of brokers, you can check ADVFN Broker Listing.