Mitrade, an award-winning CFD trading platform, has expanded its regulatory footprint through the acquisition of Fridah Asset Managers Pty Ltd, a licensed Financial Services Provider (FSP) regulated by South Africa’s Financial Sector Conduct Authority (FSCA). The firm will be renamed Mitrade Markets Pty Ltd, marking the broker’s fifth global license and reinforcing its strategic growth across Africa, the Middle East, and Latin America.The acquisition adds another key jurisdiction to Mitrade’s portfolio, com ...

Core Points - eToro Group Ltd. will release its third quarter 2025 financial results on November 10, 2025, before market opens [1] - A webcast will follow the financial results announcement at 8:30 AM ET / 5:30 AM PT [1] - Shareholders can submit questions for the management to address during the webcast until October 31, 2025 [3] Company Overview - eToro is a trading and investing platform founded in 2007, aiming to simplify and enhance the trading experience [4] - The company has 40 million registered users across 75 countries, promoting a collaborative investment community [4] - eToro offers a variety of traditional and innovative assets, allowing users to trade directly, invest in portfolios, or copy other investors [4]

Core Insights - Galaxy Digital has launched a new retail trading app, GalaxyOne, which combines cash yields, cryptocurrency access, and commission-free stock trading, positioning itself as a competitor to Robinhood [1][5] - The app offers a 4% annual yield on cash accounts and allows trading of over 2,000 US stocks and ETFs, indicating a shift towards consumer finance from institutional crypto services [2][3] Company Overview - GalaxyOne features four main products: GalaxyOne Cash with a 4.00% APY, Galaxy Premium Yield targeting accredited investors with an 8.00% yield, and GalaxyOne Crypto for trading Bitcoin, Ethereum, and Solana [3][4] - The platform also includes GalaxyOne Brokerage, which offers broker-free trading of stocks and ETFs, IRA access, and fractional shares [4] Market Positioning - Galaxy Digital aims to attract more mature investors, contrasting with Robinhood's younger demographic, by leveraging its institutional-grade infrastructure for individual investors [5] - The launch of GalaxyOne intensifies competition in the US retail finance sector and tests the viability of a crypto-native firm against traditional trading applications [6]

Core Insights - There has been a significant increase in interest in trading education and mentorship, particularly following the pandemic retail-trading boom, with online trading course enrollment on Coursera rising by 213% from 2019 to 2024 [2] - The demand for trading-related services has surged, as evidenced by a 700% increase in global search interest for "day trading class" and a 572% increase for "day trading group" over the past quarter [3] Group 1: Trading Education and Interest - The rise in trading courses and groups is attributed to a growing number of individuals seeking financial independence and the ability to quit traditional jobs [4][6] - TraderDaddy, a trading education company, has reported a notable increase in interest in their courses, with many attendees being beginners eager to learn [5][8] - The trading community is characterized by a strong desire for financial freedom, with many individuals investing significant amounts in trading courses and mentorship [14][15] Group 2: Trader Demographics and Motivations - The demographic of aspiring traders includes a mix of younger individuals who feel lost in their careers and are seeking alternative income sources [16][19] - Many traders express a desire to transition from traditional employment to full-time trading, viewing it as a path to greater flexibility and financial security [16][17] - The trading environment is often filled with enthusiasm, as participants engage in discussions about market trends and potential trades [10] Group 3: Challenges and Realities of Trading - Despite the allure of day trading, the reality is that success is difficult to achieve, with studies indicating that 97% of investors who traded for over 300 days lost money [11] - The emphasis in trading education is on developing independent thinking and technical analysis skills, rather than relying solely on instructors for guidance [12][13] - Many aspiring traders are motivated by the potential for financial freedom but face challenges in navigating the complexities of the market [18]

Core Insights - Robinhood has reached an all-time high in stock price, driven by reports of expanding its prediction market offerings internationally, particularly in the U.K. [1][2] - The prediction market sector is projected to exceed $82 billion in value, indicating significant growth potential [2]. - Robinhood's stock has surged 21.69% in the past five days and nearly 47% in the past month, with shares approaching $150 [3]. Company Developments - CEO Vlad Tenev announced the availability of Strategy preferred stock offerings on Robinhood's platform, responding to investor demand [4]. - Strategy has faced challenges with a potential 15% tax bill on unrealized gains from its Bitcoin treasury but believes it has avoided this issue [5]. Industry Trends - Walmart's OnePay app is integrating crypto trading and custody features, allowing over 3 million monthly active users to trade Bitcoin and Ethereum [6]. - Walmart is actively promoting its OnePay app, which currently does not support Apple or Google Pay in physical stores, focusing instead on its own payment solutions [6][7]. - The company has shown interest in exploring stablecoin options, aligning with broader trends in retail and cryptocurrency integration [7].

Core Insights - Robinhood's stock has seen a year-to-date gain approaching 300%, driven in part by its involvement in the emerging trend of tokenization in financial markets [1] - The company announced plans to offer tokenized equity in private firms like SpaceX and OpenAI, which generated significant excitement and contributed to the stock's rise [2][3] - CEO Vlad Tenev believes tokenization will transform the entire financial system, stating it is an unstoppable trend that will merge traditional finance with cryptocurrency [3][4] Tokenization Overview - Tokenization involves creating a digital version of an asset secured on a blockchain, allowing for trading outside normal market hours and increasing transaction speed [3] - This process provides retail investors access to non-public companies and facilitates easier access to US-listed stocks for overseas investors [4] - Tenev predicts that in the future, all assets will be on-chain, eliminating the distinction between crypto and traditional finance [4] Market Outlook - Tenev acknowledges that while there are concerns regarding the tokenization process and its acceptance, he believes the technology will become commonplace within the next five to ten years [5] - Despite criticisms that tokenized assets are not true equity and may be more volatile, Tenev asserts that customer demand for such innovations is clear, indicating a significant market potential [5][6] - The company is still navigating the complexities of tokenization but remains optimistic about its future impact on the investing landscape [6]

Core Insights - Forex Expo Dubai 2025 is set to be the largest forex and fintech event in the Middle East, taking place on October 6-7 at the Dubai World Trade Centre, with over 30,000 attendees, 250+ exhibitors, and 150+ global speakers [1][2] Industry Benchmark - The event has evolved into a benchmark for excellence in trading, investment, and fintech, facilitating knowledge exchange and deal-making among brokers, investors, and fintech pioneers from over 60 countries [2] Exhibitor Highlights - The exhibition will feature 250+ international brands in forex, fintech, and investment, including notable exhibitors such as ADSS, Alpari, and IC Markets, showcasing the latest technologies and solutions across the trading spectrum [3] B2B and Regional Insights - A dedicated B2B Zone will cater to institutional clients and solution providers, while the GCC Majlis will offer unique regional insights, bridging global financial expertise with local market opportunities [4] Technological Innovations - The event will highlight advanced liquidity aggregation tools, multi-asset trading platforms, RegTech systems, AI-based investing platforms, and innovations in digital assets that connect traditional finance [5][6] Thought Leadership - The conference program will feature over 150 experts discussing critical issues affecting global markets, providing valuable insights into the future of forex, fintech, and digital assets [7]

Core Insights - Axi's Chief Commercial Officer, Louis Cooper, will retire at the end of September 2025 but will remain a shareholder in the company [1][3] - Since joining Axi in 2016, Cooper has played a crucial role in transforming the company into a globally recognized broker serving clients in over 100 countries [1][3] - Axi is known for its customer support, leading technology, and a wide range of trading tools including forex, CFDs, cryptocurrencies, indices, and commodities [3] Company Overview - Axi is a global online trading company trusted by thousands of traders across more than 100 countries [3] - The company aims to provide clients and partners with a competitive edge through advanced technology, transparent pricing, robust tools, and reliable service [3] - Axi operates under principles of transparency, integrity, and value creation [3]

Core Insights - Robinhood is planning to expand its prediction markets product globally, particularly targeting Europe and the UK due to increasing international demand [1][2] - The company is focused on ensuring regulatory compliance in all markets it enters, engaging with overseas regulators like the UK's Financial Conduct Authority [2] - This expansion follows a partnership with Kalshi, a blockchain-based platform regulated by the CFTC, allowing users to bet on real-world event outcomes [3] Industry Trends - There is a growing interest in event-based trading, significantly influenced by the rise of platforms like Polymarket, which has processed billions in wagers in 2024, particularly related to the U.S. presidential election [4] - Polymarket's popularity has led to a substantial increase in its valuation, from $1 billion to $9 billion, indicating a robust market potential for prediction markets [5] - Robinhood's entry into this space may broaden access to prediction markets for a larger group of traders, enhancing competition and market dynamics [5]

Core Insights - Robinhood's stock reached a new high, trading close to $140 per share, with a peak above $142, reflecting a year-to-date increase of 275% [1][2] Group 1: Company Developments - Robinhood co-founder and CEO Vlad Tenev announced that customers have traded over 4 billion event contracts on the prediction markets platform [2] - The company is planning to expand its prediction market product outside the U.S., specifically engaging with the UK's Financial Conduct Authority for potential entry into the European market [2][3] Group 2: Product Information - Robinhood introduced event contracts last October, allowing users to bet on various outcomes, including sports and political events [3] - The company partnered with licensed prediction market operator Kalshi to offer contracts for events like the March Madness basketball tournament [3]