DMM Securities led world FX in 2025
Global retail FX remained extremely concentrated in 2025, with
Japan’s DMM Securities over all yet again rising as the actual quantity chief. DMM Securities used to be the high retail FX broker globally, primarily based completely totally on Finance
Magnates Intelligence recordsdata focused solely on FX procuring and selling volumes.
Singapore Summit: Meet the largest APAC brokers (and these you peaceable develop now no longer!).
The Eastern firm recorded a median month-to-month quantity of
$1.463 trillion for the one year, with declare peaking in the first half of of 2025,
when month-to-month volumes had been discontinuance to $1.69 trillion. This marks yet one more one year by which DMM Securities has held
the no 1 field in the area FX rankings.
Whereas the outlet between main Eastern firms is narrowing, the 2d-ranked broker averaged $1.367 trillion in month-to-month FX quantity in 2025.
Poland’s FX/CFD merchants surge 50%
In other places, Poland’s retail FX and CFD market grew all of sudden final one year, with the quantity of packed with life merchants rising by about 50% to roughly 370,000, primarily based completely totally on recordsdata from the Polish Financial Supervision Authority (KNF). Over the equivalent duration, purchasers collectively misplaced a file 2.68 billion zlotys, underscoring the high grief hooked as a lot as leveraged OTC derivatives.
The KNF represent, which covers the plump spectrum of OTC merchandise supplied by Polish-licensed brokers, discovered that complete losses had been almost four times larger than complete income generated by a success purchasers. Around 102,919 packed with life purchasers ended the one year in income, whereas 266,818 recorded a rating loss, this potential that more than 72% of merchants misplaced money overall.
XTB is estimated to have as a lot as 12,000 CFD accounts in France, the attach the nationwide regulator is believed to be one in every of primarily the most packed with life in
the European Union.
The broker now no longer too prolonged ago
signed a high-profile sponsorship take care of Paris La Défense Arena, Europe’s
biggest indoor venue, signalling that France is a key strategic market for XTB
in 2026. France remains the EU’s 2d-biggest economic system, with GDP per
capita projected to exceed 51,000 greenbacks this one year.
Why persistence wins in unstable markets
Market volatility is inevitable, nevertheless attempting to foretell its
usaand downs steadily works. Paul Golden argues that merchants who dwell calmand protect invested are inclined to effect stronger prolonged-term results than these that
react impulsively.
He highlights 2025’s sturdy dividend payouts and increased
procuring and selling in oil and crypto markets as proof that persistence can repay even when
circumstances shift all of sudden.
Golden additionally cites recordsdata from Schroders’ Duncan Lamont exhibiting
that world equities have considered double-digit declines in most years since 1972, yet, historically, annual beneficial properties have more than
offset these drops. The lesson is easy: market corrections are
regular, nevertheless recoveries are most steadily swift, and disciplined merchants who protect the
direction capture the largest rewards.
CySEC warns EU on smartphone-fueled grief-taking
Within the regulatory entrance, CySEC Vice Chairman Panikkos Vakkou warned that the explosion of smartphone investing apps, mixed with
aggressive advertising and marketing and marketing, is encouraging younger and inexperienced merchants to take
on dangers they may perchance perchance additionally simply now no longer completely heed.
He argues that the EU’s deliberate Savings and Investment Union
ought to sprint extra by explicitly banning the gamification of investing, a lot like
sport-fancy positive aspects and reward mechanisms that could nudge customers in opposition to
speculative merchandise.
His most contemporary warning builds on CySEC’s earlier stance: in
2022, the regulator launched an investor protection campaign targeting
gamification and the role of social media “finfluencers” in promoting advanced,
high-grief merchandise to younger audiences.
Gibraltar licenses first prediction market operator
Gibraltar granted its first license to a prediction market operator at a time when rising UK gambling taxes are inserting stress on the territory’s extinct distant gaming sector. The license, issued on March 26 to Predict Avenue Ltd, used to be announced by Minister for Justice, Replace and Replace Nigel Feetham, who highlighted prediction markets as a attainable new assert field for Gibraltar.
Predict Avenue describes itself as the “reliable prediction market partner” of the 2026 FIFA World Cup and runs its platform on infrastructure supplied by a blockchain company primarily based completely mostly in Abu Dhabi. The sprint indicators Gibraltar’s effort to diversify its gambling and fintech ecosystem by attracting modern operators in rising niches a lot like prediction markets.
CFTC sues states over prediction market overreach
Within the US, the CFTC has turned a simmering jurisdictional dispute over prediction markets into a plump-scale accurate strive in opposition to with bellow regulators. The regulator filed complaints in opposition to Arizona, Connecticut, and Illinois, alleging that the states unlawfully interfered with markets that tumble below federal oversight.
I have some gargantuan news to say… pic.twitter.com/3OBNTaOnIL
— Mike Selig (@ChairmanSelig) February 17, 2026
The CFTC says the states tried to limit or attend watch over designated contract markets that already function with its approval. The regulator argues that the Commodity Replace Act provides it inspiring authority to supervise match contracts, including these tied to outcomes a lot like elections or company performance.
On the equivalent time, more than 40 lawmakers led by Senator Elizabeth Warren are pressing federal regulators to crack down on insider procuring and selling in prediction markets. It entreated the CFTC and the Assign of job of Govt Ethics in a proper letter to allege particular steering reminding federal workers that the utilization of interior most authorities recordsdata to alternate on these platforms is unlawful.
Australia passes AFSL bill to attend watch over crypto platforms
And in the crypto rules field, Australia’s Parliament passed legislation bringing digital asset platforms and tokenized custody suppliers below the country’s present financial services and products licensing regime. The sprint formally places a wide vary of crypto-connected services and products within the equivalent regulatory perimeter as extinct financial merchandise.
In 2025, the Australian Securities and Investments Commission clarified that stablecoins, wrapped tokens and tokenized securities are treated as financial merchandise below contemporary law, this potential that many suppliers need to now withhold a license.
Topstep buys The Futures Desk
On the equivalent time, Topstep received The Futures Desk in a divulge to give a elevate to its futures procuring and selling training and know-how capabilities. The proprietary procuring and selling firm mentioned the deal helps its aim of building more disciplined merchants by enhanced instruments, teaching and overview packages.
The corporate plans to integrate The Futures Desk’s procuring and selling know-how into its TopstepX platform. This could additionally simply provide merchants with extra instruments for style and performance monitoring.
Prop firms curb gold procuring and selling
Within the meantime, Philip H. van den Berg, Co-Founder and CEO of Rhodium FX, says more proprietary procuring and selling firms are initiating to prohibit gold procuring and selling for his or her funded accounts. Talking on a Thentick podcast, he described this as a rising structural allege for the retail prop procuring and selling alternate.
He argued that gold’s file-breaking rally has made it unusually easy for retail merchants to turned into continuously a success, exposing weaknesses in many firms’ payout devices. As gold hit successive all-time highs, more merchants passed reports and reached payout stages, sharp enterprise devices that rely on most merchants failing or falling by the wayside sooner than famous withdrawals.
Retail merchants recognize SpaceX
Eventually, Wall Avenue’s biggest investment banks, including Goldman Sachs, Morgan Stanley, Financial institution of The United States and UBS, are competing for underwriting roles on SpaceX’s deliberate preliminary public providing.
Elon Musk’s field company is preparing to raise about $75 billion from public markets. The IPO is anticipated to price SpaceX between $1.25 trillion and $1.75 trillion. That will rating it the largest piece providing in capital markets historic past, with a fundraising target reportedly around thrice bigger than Saudi Aramco’s file IPO.
DMM Securities led world FX in 2025
Global retail FX remained extremely concentrated in 2025, with
Japan’s DMM Securities over all yet again rising as the actual quantity chief. DMM Securities used to be the high retail FX broker globally, primarily based completely totally on Finance
Magnates Intelligence recordsdata focused solely on FX procuring and selling volumes.
Singapore Summit: Meet the largest APAC brokers (and these you peaceable develop now no longer!).
The Eastern firm recorded a median month-to-month quantity of
$1.463 trillion for the one year, with declare peaking in the first half of of 2025,
when month-to-month volumes had been discontinuance to $1.69 trillion. This marks yet one more one year by which DMM Securities has held
the no 1 field in the area FX rankings.
Whereas the outlet between main Eastern firms is narrowing, the 2d-ranked broker averaged $1.367 trillion in month-to-month FX quantity in 2025.
Poland’s FX/CFD merchants surge 50%
In other places, Poland’s retail FX and CFD market grew all of sudden final one year, with the quantity of packed with life merchants rising by about 50% to roughly 370,000, primarily based completely totally on recordsdata from the Polish Financial Supervision Authority (KNF). Over the equivalent duration, purchasers collectively misplaced a file 2.68 billion zlotys, underscoring the high grief hooked as a lot as leveraged OTC derivatives.
The KNF represent, which covers the plump spectrum of OTC merchandise supplied by Polish-licensed brokers, discovered that complete losses had been almost four times larger than complete income generated by a success purchasers. Around 102,919 packed with life purchasers ended the one year in income, whereas 266,818 recorded a rating loss, this potential that more than 72% of merchants misplaced money overall.
XTB is estimated to have as a lot as 12,000 CFD accounts in France, the attach the nationwide regulator is believed to be one in every of primarily the most packed with life in
the European Union.
The broker now no longer too prolonged ago
signed a high-profile sponsorship take care of Paris La Défense Arena, Europe’s
biggest indoor venue, signalling that France is a key strategic market for XTB
in 2026. France remains the EU’s 2d-biggest economic system, with GDP per
capita projected to exceed 51,000 greenbacks this one year.
Why persistence wins in unstable markets
Market volatility is inevitable, nevertheless attempting to foretell its
usaand downs steadily works. Paul Golden argues that merchants who dwell calmand protect invested are inclined to effect stronger prolonged-term results than these that
react impulsively.
He highlights 2025’s sturdy dividend payouts and increased
procuring and selling in oil and crypto markets as proof that persistence can repay even when
circumstances shift all of sudden.
Golden additionally cites recordsdata from Schroders’ Duncan Lamont exhibiting
that world equities have considered double-digit declines in most years since 1972, yet, historically, annual beneficial properties have more than
offset these drops. The lesson is easy: market corrections are
regular, nevertheless recoveries are most steadily swift, and disciplined merchants who protect the
direction capture the largest rewards.
CySEC warns EU on smartphone-fueled grief-taking
Within the regulatory entrance, CySEC Vice Chairman Panikkos Vakkou warned that the explosion of smartphone investing apps, mixed with
aggressive advertising and marketing and marketing, is encouraging younger and inexperienced merchants to take
on dangers they may perchance perchance additionally simply now no longer completely heed.
He argues that the EU’s deliberate Savings and Investment Union
ought to sprint extra by explicitly banning the gamification of investing, a lot like
sport-fancy positive aspects and reward mechanisms that could nudge customers in opposition to
speculative merchandise.
His most contemporary warning builds on CySEC’s earlier stance: in
2022, the regulator launched an investor protection campaign targeting
gamification and the role of social media “finfluencers” in promoting advanced,
high-grief merchandise to younger audiences.
Gibraltar licenses first prediction market operator
Gibraltar granted its first license to a prediction market operator at a time when rising UK gambling taxes are inserting stress on the territory’s extinct distant gaming sector. The license, issued on March 26 to Predict Avenue Ltd, used to be announced by Minister for Justice, Replace and Replace Nigel Feetham, who highlighted prediction markets as a attainable new assert field for Gibraltar.
Predict Avenue describes itself as the “reliable prediction market partner” of the 2026 FIFA World Cup and runs its platform on infrastructure supplied by a blockchain company primarily based completely mostly in Abu Dhabi. The sprint indicators Gibraltar’s effort to diversify its gambling and fintech ecosystem by attracting modern operators in rising niches a lot like prediction markets.
CFTC sues states over prediction market overreach
Within the US, the CFTC has turned a simmering jurisdictional dispute over prediction markets into a plump-scale accurate strive in opposition to with bellow regulators. The regulator filed complaints in opposition to Arizona, Connecticut, and Illinois, alleging that the states unlawfully interfered with markets that tumble below federal oversight.
I have some gargantuan news to say… pic.twitter.com/3OBNTaOnIL
— Mike Selig (@ChairmanSelig) February 17, 2026
The CFTC says the states tried to limit or attend watch over designated contract markets that already function with its approval. The regulator argues that the Commodity Replace Act provides it inspiring authority to supervise match contracts, including these tied to outcomes a lot like elections or company performance.
On the equivalent time, more than 40 lawmakers led by Senator Elizabeth Warren are pressing federal regulators to crack down on insider procuring and selling in prediction markets. It entreated the CFTC and the Assign of job of Govt Ethics in a proper letter to allege particular steering reminding federal workers that the utilization of interior most authorities recordsdata to alternate on these platforms is unlawful.
Australia passes AFSL bill to attend watch over crypto platforms
And in the crypto rules field, Australia’s Parliament passed legislation bringing digital asset platforms and tokenized custody suppliers below the country’s present financial services and products licensing regime. The sprint formally places a wide vary of crypto-connected services and products within the equivalent regulatory perimeter as extinct financial merchandise.
In 2025, the Australian Securities and Investments Commission clarified that stablecoins, wrapped tokens and tokenized securities are treated as financial merchandise below contemporary law, this potential that many suppliers need to now withhold a license.
Topstep buys The Futures Desk
On the equivalent time, Topstep received The Futures Desk in a divulge to give a elevate to its futures procuring and selling training and know-how capabilities. The proprietary procuring and selling firm mentioned the deal helps its aim of building more disciplined merchants by enhanced instruments, teaching and overview packages.
The corporate plans to integrate The Futures Desk’s procuring and selling know-how into its TopstepX platform. This could additionally simply provide merchants with extra instruments for style and performance monitoring.
Prop firms curb gold procuring and selling
Within the meantime, Philip H. van den Berg, Co-Founder and CEO of Rhodium FX, says more proprietary procuring and selling firms are initiating to prohibit gold procuring and selling for his or her funded accounts. Talking on a Thentick podcast, he described this as a rising structural allege for the retail prop procuring and selling alternate.
He argued that gold’s file-breaking rally has made it unusually easy for retail merchants to turned into continuously a success, exposing weaknesses in many firms’ payout devices. As gold hit successive all-time highs, more merchants passed reports and reached payout stages, sharp enterprise devices that rely on most merchants failing or falling by the wayside sooner than famous withdrawals.
Retail merchants recognize SpaceX
Eventually, Wall Avenue’s biggest investment banks, including Goldman Sachs, Morgan Stanley, Financial institution of The United States and UBS, are competing for underwriting roles on SpaceX’s deliberate preliminary public providing.
Elon Musk’s field company is preparing to raise about $75 billion from public markets. The IPO is anticipated to price SpaceX between $1.25 trillion and $1.75 trillion. That will rating it the largest piece providing in capital markets historic past, with a fundraising target reportedly around thrice bigger than Saudi Aramco’s file IPO.
