MT5 overtakes MT4
We start this week’s roundup with a take a look at our newest report evaluating MetaQuotes’ buying and selling platforms, MT4 and MT5, the place MT5 has now overtaken MT4 in buying and selling quantity.
Based on our newest information from the upcoming Finance Magnates’ Q1 Intelligence Report, MT5 accounted for 54.2% of the full mixed buying and selling quantity between MT4 and MT5, whereas MT4 held a forty five.8% share.
Technological upgrades, evolving regulatory requirements, and a rising demand for extra numerous buying and selling devices have all fueled its rise.
IC Markets eyes the UAE
In the meantime, the race to increase into the fast-growing Center East market shouldn’t be about to cease. Australia-headquartered dealer IC Markets is now contemplating strengthening its presence within the area by acquiring a licence within the United Arab Emirates.
A report shared with financeMagnates.com revealed that the dealer has appointed Jason Hughes as its Normal Supervisor for the Center East. Hughes has beforehand labored with a number of brokerage companies, together with eToro, Exinity, ADSS, and CMC Markets.
eToro brings Hong Kong inventory exchange-listed securities
Israel-based fintech big eToro can also be increasing its providing. The corporate introduced this week that it’ll add all securities listed on the Hong Kong Inventory Trade (HKEX) to its platform in a phased rollout, increasing investor entry to Chinese language and Asian markets.
Yossi Brandes, VP of Execution Companies at eToro
The addition will embody all HKEX-listed shares and exchange-traded merchandise (ETPs), together with exchange-traded funds (ETFs) and leveraged and inverse merchandise. Customers may also profit from real-time pricing information supplied instantly by HKEX.
“By increasing our providing to incorporate extra firms listed on HKEX – one of many world’s prime ten inventory exchanges by market capitalization – we’re additional strengthening our dedication to creating world markets accessible to everybody,” mentioned Yossi Brandes, VP of Execution Companies at eToro.
XTB share buyback program
The Polish-based fintech dealer XTB (WSE: XTB) is among the many few shares defying the market volatility brought on by Trump tariffs, due to a share buyback program.
The corporate’s shares jumped to an all-time excessive on Tuesday, rising greater than 4% as buyers responded positively to the corporate’s 10 million zlotys share buyback program launched this week.
The Poland-based fintech dealer noticed its inventory worth attain 78.74 PLN throughout morning buying and selling on the Warsaw Inventory Trade (WSE: XTB), surpassing its earlier document of 78 PLN set in January.
XTB worth chart. Supply: Stooq.pl
Additionally posting optimistic monetary efficiency, Hantec Markets Restricted, the UK subsidiary of the worldwide foreign exchange and CFD dealer, returned to profitability for the monetary yr that ended on 31 December 2024. The corporate posted a revenue of £72K for the yr, in comparison with a lack of £55K in 2023.
Foreign exchange and CFD buying and selling in Poland
The most recent information exhibits rising numbers within the foreign currency trading business globally. As an illustration, the variety of lively Foreign exchange merchants in Poland elevated by 40% final yr alone, reaching practically 117,000 contributors.
The quantity jumped from roughly 83,000 in 2023 to 116,903 in 2024, amid a rising curiosity in buying and selling regardless of the well-documented dangers.
Miles away, the U.S. retail foreign exchange brokers held roughly $527 million in consumer obligations as of February 2025, in line with the Commodity Futures Buying and selling Fee (CFTC) report. The figures signify a 2.9% month-over-month improve from January, when complete consumer funds stood at roughly $512 million.
StoneX buys R.J. O’Brien
Away from the business outlook, StoneX Group introduced plans to amass R.J. O’Brien & Associates, a US futures brokerage agency. The deal, valued at an estimated $900 million in fairness, is anticipated to shut later this yr.
StoneX to Purchase @rjobrien, Making a World Derivatives Chief
Learn our full press launch: https://t.co/EF6IYQXoAT pic.twitter.com/m8JL4v0WoP
— StoneX Group Inc. (@StoneX_Official) April 14, 2025
Based on the corporate’s report, below the settlement, R.J. O’Brien’s world operations will likely be merged into StoneX. The mixed enterprise is anticipated to be a considerable futures fee service provider within the US, with RJO’s consumer accounts at present at 75,000.
FundedNext re-enters US
And after final yr’s prop buying and selling turmoil involving MetQuotes, some firms are making a comeback. FundedNext, a prop buying and selling agency launched in 2022, has began a brand new futures prop buying and selling model obtainable globally, together with the US.
Nevertheless, the corporate clarified that its legacy CFDs-based prop merchandise will stay unavailable to US shoppers. FundedNext initially supplied its unique prop buying and selling providers to US residents, however withdrew following the crackdown on MetaQuotes in February 2024.
In our latest evaluation, we checked out why prop companies are difficult CFD brokers and whether or not there will likely be a takeover or coexistence. One of many fascinating questions raised by this acceleration in prop buying and selling revenues is its impact on CFD brokers.
Charles Finkelstein, CEO and founding father of Upside Funding
Charles Finkelstein, CEO and founding father of Upside Funding, says his agency’s evaluation suggests the variety of challenges bought is rising by round 30% every year. “An argument a dealer might make when deciding between the 2 choices is that prop companies have guidelines and CFD brokers don’t, which is totally legitimate,” he says.
Nvidia takes $5.5B tariff hit
As the worldwide market reels from the implications of Trump’s latest tariffs, losses are beginning to emerge. Nvidia faces a $5.5 billion hit from the tariffs, which is able to have an effect on its Nvidia H20 rollout in China.
Stock was reportedly meant for China, particularly the Nvidia H20 chips, which had been hyped as the corporate’s bespoke workaround to U.S. export restrictions, has been affected by the brand new insurance policies.
Crypto Mantra (OM) drops 90%
Mantra’s OM crypto token, a cryptocurrency native to its namesake blockchain supporting real-world asset (RWA) tokenization, plunged. with centralized exchanges and suspected insider dumpers within the highlight, the token misplaced over 90% of its worth within the shortest time.
Sherpas, OMies, and broader crypto neighborhood,
First off, the crew and I drastically recognize the help that we’ve got acquired over the previous a number of hours, which we imagine is a testomony to the sturdy help MANTRA has amongst its buyers and neighborhood.
We have now decided that…
— JP Mullin (🕉, 🏘️) (@jp_mullin888) April 13, 2025
Simply sooner or later after a devastating crash worn out billions in worth, the OM token staged a dramatic rebound, surging practically 50%. In response to mounting accusations and comparisons with the collapsed Terra LUNA, Mantra co-founder JP Mullin needed to difficulty a press release assuring buyers that the undertaking remained operational.
MT5 overtakes MT4
We start this week’s roundup with a take a look at our newest report evaluating MetaQuotes’ buying and selling platforms, MT4 and MT5, the place MT5 has now overtaken MT4 in buying and selling quantity.
Based on our newest information from the upcoming Finance Magnates’ Q1 Intelligence Report, MT5 accounted for 54.2% of the full mixed buying and selling quantity between MT4 and MT5, whereas MT4 held a forty five.8% share.
Technological upgrades, evolving regulatory requirements, and a rising demand for extra numerous buying and selling devices have all fueled its rise.
IC Markets eyes the UAE
In the meantime, the race to increase into the fast-growing Center East market shouldn’t be about to cease. Australia-headquartered dealer IC Markets is now contemplating strengthening its presence within the area by acquiring a licence within the United Arab Emirates.
A report shared with financeMagnates.com revealed that the dealer has appointed Jason Hughes as its Normal Supervisor for the Center East. Hughes has beforehand labored with a number of brokerage companies, together with eToro, Exinity, ADSS, and CMC Markets.
eToro brings Hong Kong inventory exchange-listed securities
Israel-based fintech big eToro can also be increasing its providing. The corporate introduced this week that it’ll add all securities listed on the Hong Kong Inventory Trade (HKEX) to its platform in a phased rollout, increasing investor entry to Chinese language and Asian markets.
Yossi Brandes, VP of Execution Companies at eToro
The addition will embody all HKEX-listed shares and exchange-traded merchandise (ETPs), together with exchange-traded funds (ETFs) and leveraged and inverse merchandise. Customers may also profit from real-time pricing information supplied instantly by HKEX.
“By increasing our providing to incorporate extra firms listed on HKEX – one of many world’s prime ten inventory exchanges by market capitalization – we’re additional strengthening our dedication to creating world markets accessible to everybody,” mentioned Yossi Brandes, VP of Execution Companies at eToro.
XTB share buyback program
The Polish-based fintech dealer XTB (WSE: XTB) is among the many few shares defying the market volatility brought on by Trump tariffs, due to a share buyback program.
The corporate’s shares jumped to an all-time excessive on Tuesday, rising greater than 4% as buyers responded positively to the corporate’s 10 million zlotys share buyback program launched this week.
The Poland-based fintech dealer noticed its inventory worth attain 78.74 PLN throughout morning buying and selling on the Warsaw Inventory Trade (WSE: XTB), surpassing its earlier document of 78 PLN set in January.
XTB worth chart. Supply: Stooq.pl
Additionally posting optimistic monetary efficiency, Hantec Markets Restricted, the UK subsidiary of the worldwide foreign exchange and CFD dealer, returned to profitability for the monetary yr that ended on 31 December 2024. The corporate posted a revenue of £72K for the yr, in comparison with a lack of £55K in 2023.
Foreign exchange and CFD buying and selling in Poland
The most recent information exhibits rising numbers within the foreign currency trading business globally. As an illustration, the variety of lively Foreign exchange merchants in Poland elevated by 40% final yr alone, reaching practically 117,000 contributors.
The quantity jumped from roughly 83,000 in 2023 to 116,903 in 2024, amid a rising curiosity in buying and selling regardless of the well-documented dangers.
Miles away, the U.S. retail foreign exchange brokers held roughly $527 million in consumer obligations as of February 2025, in line with the Commodity Futures Buying and selling Fee (CFTC) report. The figures signify a 2.9% month-over-month improve from January, when complete consumer funds stood at roughly $512 million.
StoneX buys R.J. O’Brien
Away from the business outlook, StoneX Group introduced plans to amass R.J. O’Brien & Associates, a US futures brokerage agency. The deal, valued at an estimated $900 million in fairness, is anticipated to shut later this yr.
StoneX to Purchase @rjobrien, Making a World Derivatives Chief
Learn our full press launch: https://t.co/EF6IYQXoAT pic.twitter.com/m8JL4v0WoP
— StoneX Group Inc. (@StoneX_Official) April 14, 2025
Based on the corporate’s report, below the settlement, R.J. O’Brien’s world operations will likely be merged into StoneX. The mixed enterprise is anticipated to be a considerable futures fee service provider within the US, with RJO’s consumer accounts at present at 75,000.
FundedNext re-enters US
And after final yr’s prop buying and selling turmoil involving MetQuotes, some firms are making a comeback. FundedNext, a prop buying and selling agency launched in 2022, has began a brand new futures prop buying and selling model obtainable globally, together with the US.
Nevertheless, the corporate clarified that its legacy CFDs-based prop merchandise will stay unavailable to US shoppers. FundedNext initially supplied its unique prop buying and selling providers to US residents, however withdrew following the crackdown on MetaQuotes in February 2024.
In our latest evaluation, we checked out why prop companies are difficult CFD brokers and whether or not there will likely be a takeover or coexistence. One of many fascinating questions raised by this acceleration in prop buying and selling revenues is its impact on CFD brokers.
Charles Finkelstein, CEO and founding father of Upside Funding
Charles Finkelstein, CEO and founding father of Upside Funding, says his agency’s evaluation suggests the variety of challenges bought is rising by round 30% every year. “An argument a dealer might make when deciding between the 2 choices is that prop companies have guidelines and CFD brokers don’t, which is totally legitimate,” he says.
Nvidia takes $5.5B tariff hit
As the worldwide market reels from the implications of Trump’s latest tariffs, losses are beginning to emerge. Nvidia faces a $5.5 billion hit from the tariffs, which is able to have an effect on its Nvidia H20 rollout in China.
Stock was reportedly meant for China, particularly the Nvidia H20 chips, which had been hyped as the corporate’s bespoke workaround to U.S. export restrictions, has been affected by the brand new insurance policies.
Crypto Mantra (OM) drops 90%
Mantra’s OM crypto token, a cryptocurrency native to its namesake blockchain supporting real-world asset (RWA) tokenization, plunged. with centralized exchanges and suspected insider dumpers within the highlight, the token misplaced over 90% of its worth within the shortest time.
Sherpas, OMies, and broader crypto neighborhood,
First off, the crew and I drastically recognize the help that we’ve got acquired over the previous a number of hours, which we imagine is a testomony to the sturdy help MANTRA has amongst its buyers and neighborhood.
We have now decided that…
— JP Mullin (🕉, 🏘️) (@jp_mullin888) April 13, 2025
Simply sooner or later after a devastating crash worn out billions in worth, the OM token staged a dramatic rebound, surging practically 50%. In response to mounting accusations and comparisons with the collapsed Terra LUNA, Mantra co-founder JP Mullin needed to difficulty a press release assuring buyers that the undertaking remained operational.