This weeks recap highlights interesting figures in executive pay in the CFD brokerage sector. IG Group CEO Breon Corcoran became the second-highest-paid chief among London-listed CFD brokers in fiscal 2025, earning about �3.35 million ($4.46 million).
Comparatively, Plus500 CEO David Zruia topped the list with $4.97 million, while CMC Markets Lord Peter Cruddas received �1.1 million ($1.5 million).
Despite Cruddas comparatively lower salary, his nearly 60% ownership in CMC Markets brought him around �14.5 million ($19.68 million) in dividends last year.
Plus500 customer deposits jump over 100%
At the same time, Plus500 delivered solid first-half results, with revenue rising 4% year-on-year to $415.1 million despite challenging market conditions. Net profit inched up to $149.6 million from $148.8 million.
The London-listed trading platform continued to diversify beyond its core contracts-for-difference offering, while customer deposits more than doubled to over $3 billion.
Meanwhile, nearly nine out of ten contracts for differences trades at Plus500 were made on a phone or tablet in the first half of 2025, accounting for 89% of the brokers OTC revenue. This was well above the industry average of 55.5% for Q2 2025.
Besides the numbers, the company is seeking a licence in Chile, having already established a local entity in the country.The move followed its entry into the US retail futures market and the recent acquisition of an OTC Canadian licence.
eToro revenue jumps
Still in a week dominated by earnings reports, eToro posted mixed results in its first earnings release as a public company. Net contribution rose 26% year-on-year in Q2 2025, while net income remained at about $30 million.
User assets grew to $17.5 billion and added 460,000 funded accounts during the quarter. Interesting, eToro shares fell 8.3% on Tuesday after the Israeli trading platform posted mixed second-quarter results.
The decline was mainly driven by a near twofold drop in net profit from the previous quarter and management guidance that weakened investor sentiment.
Swissquotes revenue and profits rise
Miles away, Swissquote ended the first half of 2025 with net revenue of CHF 358.2 million ($444.2 million) and a pre-tax profit of CHF 185.2 million ($229.6 million), marking year-on-year increases of 13% and 9.1%, respectively.
Net profit came in at CHF 158.2 million ($196.2 million), up 9.4%. The company raised its full-year pre-tax profit forecast to CHF 365 million ($452.6 million) from CHF 355 million ($440.2 million) and increased its revenue target to CHF 700 million from CHF 675 million.
MultiBank Group
MultiBank Group reported revenue of $209 million and profit of $170 million for the first half of 2025, a 20% increase in revenue compared to the same period last year.
In April, the company set a single-day trading record by processing $56 billion in transactions, supported by high client activity across its global platforms.
More positive results from NAGA Group
Also this week, NAGA reported revenue of EUR32.2 million for the first half of 2025, up 2% from EUR 31.6 million a year earlier. EBITDA increased 8% to EUR 3.0 million despite higher marketing expenses.
The Hamburg-based company continued to invest in expanding its financial superapp user base, maintaining the growth seen in 2024, when it posted full-year revenue of EUR 62 million.
Regional banks bet on crypto
Beyond the financial reports, Paul Golden highlighted how crypto has moved further into the financial mainstream in 2025, with a clearer regulatory environment encouraging mid-tier and smaller US financial institutions to explore crypto offerings.