Last Week Recap on iFOREX, FxPro, CoiniGo, VT Markets; Reports on Crypto and Institutional FX Trading in April 2025...

Fazzaco continued extensively covering the latest trends in forex, crypto, fintech, and prop trading last week. The below is the selected highlights of last week.

iFOREX Considers LSE Listing Amid Expansion Plans

Online trading platform iFOREX is evaluating a potential listing on the London Stock Exchange. Founded in 1996 by Eyal Carmon, iFOREX has operated a digital platform offering trading in Contracts for Difference (CFDs) and forex, with services spanning commodities, indices, stocks, and cryptocurrencies for retail investors.

Nearly three decades since its inception, the firm is preparing for a potential public listing. The company believes that a London IPO could enhance its credibility and visibility as it seeks to expand its global footprint. The proceeds from a potential Initial Public Offering would be allocated towards several goals, including strengthening its brand, deploying artificial intelligence (AI) technologies to enhance its platform, and securing new regulatory licenses.

IPC, Open Lake Technology Partner on Communications Compliance Tech

IPC, a global provider of secure, compliant communications and multi-cloud connectivity solutions, has announced a strategic partnership with Open Lake Technology (OLT). OLT is a technology provider specializing in compliance automation and telephony performance management. The collaboration is intended to address the increasingly complex challenges faced by financial organizations, as well as other industry verticals, by helping to ensure regulatory compliance across complex communications infrastructures.

FxPro UK Reports Significant Volume and Revenue Increase in 2024 Financials

The UK unit of FxPro handled $80 billion in notional trading volume during 2024, representing a 70% increase compared to the previous year. According to the company, this rise in trading volume was primarily driven by market volatility attributed to the "Gaza-Israel conflict."

How CoiniGo's Crypto Solution Took Home Top Honors at Smart Vision 2025

CoiniGo, the next-generation crypto payment gateway designed for brokers, secured the coveted Most Reliable PSP award at the Forex Traders Summit Dubai 2025, hosted by Smart Vision. The recognition comes as fintech leaders gathered at Dubai's iconic Festival Arena on 14th–15th May, celebrating innovation and excellence in the Forex ecosystem.

Raising the Bar in 2025: VT Markets Delivers Its Strongest Trading Month Yet

VT Markets, a leading global multi-asset broker, has recorded its strongest-ever monthly trading volume, reaching 720BN in April 2025. This milestone reflects the VT Market's accelerated growth trajectory and influence across global financial markets. It also sets the tone for what promises to be a transformative year as VT Markets enters its 10th anniversary with renewed ambition and elevated client focus.

Institutional Spot FX Trading Volume Total in April Rises 14.61% Monthly

In April 2025, the institutional spot FX trading volumes of major platforms saw a significant increase. Among the five major institutions, the total saw a 14.61% rise monthly. The maximum growth came from Euronext FX, up 21.84%.

Top 10 Crypto Exchanges Spot Volumes Drop 12% in April 2025​

Fazzaco has compiled the performance of the top 10 crypto exchanges based on spot trading volume data for April 2025. Overall, the total spot trading volume for these ten exchanges decreased by approximately 12% in April compared to March. While most exchanges in this statistic saw a decline in trading volume, Bybit, Gate.io, and Kucoin bucked the trend with an increase.