Online trading platform iFOREX has announced a slight delay in its planned London listing due to a routine compliance inspection.
On June 10, 2025, iFOREX stated that the inspection process is nearing completion; this scheduled regulatory review is aimed at ensuring the company’s adherence to specific themes or risk areas. Alongside this, it was noted that there has been significant investor interest in the initial public offering (IPO), initially scheduled for late June 2025 and already oversubscribed at the top of its indicative valuation range.
iFOREX’s plans moving forward
The company intends to provide further updates as soon as the inspection process concludes, after which a new IPO date will be set. Upon listing in London, iFOREX would join other major platforms like IG Group, Plus500, and CMC Markets on the exchange. The IPO is primarily targeted at institutional investors but will also offer a portion of its shares to UK retail investors through intermediaries.
Following this news, iFOREX previously expressed interest in a potential listing on the London Stock Exchange as part of plans for global growth. The company had mentioned that the UK capital remains an attractive venue due to its regulatory infrastructure and established investor base, noting that proceeds from the IPO would be used to enhance brand presence, incorporate AI solutions into its platform, and secure additional licenses.
The London IPO landscape in 2025
According to recent data, the UK IPO market is forecasted to rebound strongly in 2025 after experiencing challenges in 2024. The year before saw only five firms with valuations over GBP 30 million debut on the London Stock Exchange, and the market was primarily focused on founder-led mid-cap issuances. However, for 2025, more private equity and corporate-backed companies are expected to join the pipeline.
Source: Reuters