Online Trading Platform iFOREX Announces Delay in London Listing Due to Compliance Inspection
On 10 June 2025, online trading platform iFOREX issued a statement indicating that it will experience a slight delay in its planned London listing due to a routine compliance inspection. This process is a standard regulatory review aimed at verifying whether the company adheres to specific themes or risk areas.
According to iFOREX’s latest update, the inspection has almost been completed. Additionally, despite the initial public offering (IPO) for its stock being originally slated for late June 2025, the deal was oversubscribed at the top of the indicative valuation range and garnered significant investor interest.
Future Updates Expected as IPO Process Continues
iFOREX has stated that it will provide further updates once the inspection process concludes. The company aims to position itself as a key player in the London exchange, alongside other platforms such as IG Group, Plus500, and CMC Markets. Initially targeted mainly at institutional investors, the IPO is also set to include some retail investor participation through intermediaries.
Interest in London Stock Exchange Amidst Global Expansion Plans
The news of the delay follows iFOREX’s earlier announcement of its interest in a potential London Stock Exchange listing. At that time, it was stated that the UK capital is viewed as an established venue for financial technology firms due to its robust regulatory infrastructure and investor base. If successful, the IPO would fund initiatives such as enhancing brand presence and incorporating AI solutions into iFOREX’s platform.
Revival of the UK IPO Market in 2025
Recent data suggests that the UK IPO market is expected to regain strength in 2025, following a challenging year in 2024 when only five firms valued over GBP 30 million listed on the London Stock Exchange. The pipeline for this year is anticipated to include not just founder-led mid-cap issuances but also more private equity and corporate-backed companies.