Plans have been set in motion by the online trading platform iFOREX to potentially list its shares on the London Stock Exchange (LSE), with the intention of enhancing its global brand visibility and expanding its client base. This move was disclosed by the company on Friday through an official statement, in which the strategic benefits of accessing the London capital markets were emphasized. It was indicated that the initiative had been undertaken as part of a broader vision to position the fintech firm more prominently within the increasingly competitive global trading landscape.
Founded in 1996 by Eyal Carmon, iFOREX has grown into a significant player within the online trading industry. The firm offers access to a wide array of financial instruments, including Contracts for Difference (CFDs) and foreign exchange (forex) products. These services are delivered through a proprietary digital platform that supports trading in commodities, indices, equities, and cryptocurrencies. The company’s multi-asset offering has positioned it to attract both retail and institutional investors seeking diversified exposure to global markets.
It was acknowledged by the company that the decision to explore an initial public offering (IPO) in London had been influenced by the city’s reputation as a mature and globally respected financial hub. While recent years have seen the LSE lose ground to international rivals in attracting large IPOs, it was noted that measures were being implemented to reverse this trend through regulatory reforms. Despite current market challenges and geopolitical tensions, including the imposition of U.S. tariffs, London continued to be described as a leading capital market with considerable expertise in supporting fintech firms.
In a formal intention to float statement, iFOREX’s Chief Executive Itai Sadeh stated that the choice of London had been motivated by its attractiveness as a financial center and its understanding of the technology-driven business models that define modern financial services. It was further indicated that the IPO proceeds would be allocated toward several strategic initiatives aimed at driving growth and innovation.
Among the intended uses of funds raised from the listing were investments in brand development, the integration of artificial intelligence technologies, and the acquisition of new regulatory licenses. These initiatives were expected to facilitate the company’s expansion into new geographic regions while simultaneously strengthening its presence in existing markets. The planned enhancements were described as essential to ensuring long-term competitiveness in a dynamic and rapidly evolving sector.
Financial performance data provided by the firm revealed that for the year ended December 31, trading income had reached \$50.1 million. During the same period, an adjusted pre-tax profit of \$7.6 million had been reported. These results were presented as evidence of a stable and profitable operation, with strong foundations on which future growth could be built.
It was also observed by market commentators that iFOREX’s proposed London listing came at a time when anticipation had been building around several high-profile IPOs. Notably, the potential listing of online fast-fashion retailer Shein and the expected U.S. IPO of Swedish payments company Klarna had sparked optimism that capital market activity could be revitalized in both the United Kingdom and the United States. If executed, the iFOREX listing could serve as an important milestone for the LSE in attracting digital finance companies amidst a more competitive global environment.
Industry analysts have suggested that iFOREX’s long-standing presence and operational track record could be advantageous in securing investor interest, particularly in an environment where fintech valuations have come under greater scrutiny. It was further pointed out that the firm’s efforts to embrace artificial intelligence and regulatory expansion signaled a clear commitment to innovation and responsible growth.
The company’s leadership has been seen as committed to aligning its future direction with technological trends and market demands, and the IPO was being positioned not just as a capital-raising event, but as a strategic lever to support transformation. The broader aim of turning iFOREX into a more globally recognized brand was cited as central to its decision to enter public markets at this juncture.
As preparations continue for a possible listing, stakeholders and potential investors are expected to monitor the firm’s regulatory filings and market developments. Should the IPO proceed as envisioned, iFOREX may be positioned to strengthen its influence in the digital trading space and join a growing list of fintech firms seeking to leverage capital markets to drive the next phase of their evolution.
