Who owns the brokers: all 52 owner groups
52 owner groups stand behind the 64 brokers in our data. 52 owner groups (parent and sub-groups counted separately); 52 of them are top owner groups (the highest operating company in each owner chain, never an investment fund). The 10 biggest top owner groups are IG Group Holdings plc (4), Capital Com Group (2), Deriv Group (formerly Binary.com / Regent Markets) (2), FXCM / Stratos Group International (2), HF Markets Group (HFM, formerly HotForex) (2), OANDA Global Corporation (2), Octa (formerly OctaFX) (2), RoboForex (2), StoneX Group Inc. (2), Vantage Markets (2). Each owner page lists its brands, companies, licences and regulator fines, with sources. Counts are brands, not websites: one brand on several country domains counts once.
| Owner | Ownership | HQ | Brokers | Fines |
|---|---|---|---|---|
| IG Group Holdings plc | listed (LSE:IGG) | United Kingdom | 4 | 2 |
| Capital Com Group | private (VP Capital, 100% since 2021) | Cyprus | 2 | 1 |
| Deriv Group (formerly Binary.com / Regent Markets) | private (founder-CEO Jean-Yves Sireau; ownership % not public) | Malta | 2 | |
| FXCM / Stratos Group International | subsidiary of Jefferies Financial Group (via Stratos); majority sale to AvaTrade agreed Oct 2026, pending | United States | 2 | 2 |
| HF Markets Group (HFM, formerly HotForex) | private (owners not publicly confirmed) | Cyprus | 2 | |
| OANDA Global Corporation | private (FTMO, since 1 Dec 2025; previously CVC Asia Fund IV from 2018) | United States | 2 | 1 |
| Octa (formerly OctaFX) | private (owners not disclosed) | Cyprus | 2 | 1 |
| RoboForex | private (owners not publicly confirmed) | Belize | 2 | 1 |
| StoneX Group Inc. | listed (NASDAQ:SNEX) | United States | 2 | |
| Vantage Markets | private (owners not publicly confirmed) | Australia | 2 | |
| ActivTrades PLC | private | United Kingdom | 1 | |
| Admirals Group AS | private (founder ~76% directly and via DVF Group OÜ; bonds listed on Nasdaq Tallinn) | Estonia | 1 | |
| Alpari | private (owners not publicly confirmed) | 1 | ||
| ATFX | private (owners not named) | United Kingdom | 1 | |
| AvaTrade (Ava Trade Markets / AVA Trade EU) | private (two founders ~35% each as of 2025; reported sale of about half to an investor group, completion not confirmed) | Ireland | 1 | |
| Axi (AxiCorp) | private (owners not publicly confirmed) | Australia | 1 | |
| Black Bull Global Limited (BlackBull Markets) | private (owners not named) | New Zealand | 1 | |
| CMC Markets plc | listed (LSE:CMCX) | United Kingdom | 1 | 1 |
| Darwinex (Tradeslide Trading Tech Limited) | private | United Kingdom | 1 | |
| E-Global Trade & Finance Group (Forex4you) | private | British Virgin Islands | 1 | |
| Eightcap | private (owners not publicly confirmed) | Australia | 1 | 1 |
| Equiti Group | private (owners not named) | Jordan | 1 | |
| eToro Group Ltd | listed (NASDAQ:ETOR) | Israel | 1 | 2 |
| Exinity Group (FXTM) | private (owners not named) | Cyprus | 1 | |
| Exness Group | private (founder-owned; ownership chain not public) | Cyprus | 1 | 1 |
| FBS | private (founder-owned per Crunchbase/Wikipedia; not verified on Tier-1 source) | Belize | 1 | 1 |
| Finalto (Gopher Investments) | private (Gopher Investments, a TTB Partners company, bought it from Playtech for USD 250m, closed July 2022) | United Kingdom | 1 | |
| FP Markets (First Prudential Markets) | private (owners not publicly confirmed) | Australia | 1 | 1 |
| Fusion Markets | private (owners not named) | Australia | 1 | |
| FXOpen | private (owners not named) | United Kingdom | 1 | |
| FxPro Group Limited | private (owners not named on FxPro's own pages) | United Kingdom | 1 | |
| GO Markets | private (owners not named) | Australia | 1 | |
| IC Markets | private (founder-owned, reportedly 100% via Bud Corporation) | Australia | 1 | 1 |
| INFINOX | private (owners not named) | United Kingdom | 1 | 1 |
| Interactive Brokers Group, Inc. | listed (NASDAQ:IBKR) | United States | 1 | 1 |
| IronFX (Notesco group) | private (owners not named on its pages) | Cyprus | 1 | 1 |
| Libertex Group (Libertex Holding (Cyprus) Ltd) | private (ultimate owners not named) | Cyprus | 1 | |
| Payward, Inc. (Kraken) | private (IPO filed confidentially Nov 2025; reported not before Q2 2027) | United States | 1 | |
| Pepperstone Group Limited | private (FX Group Holdings, a management-led group, majority; the two founders reported ~40%) | Australia | 1 | 3 |
| Plus500 Ltd | listed (LSE:PLUS) | Israel | 1 | 3 |
| Saxo Bank A/S | private (Bank J. Safra Sarasin ~71% since Mar 2026; deal for founder's remaining ~28.7% agreed Jul 2026, pending) | Denmark | 1 | 2 |
| Skilling | private (founded 2016 by Scandinavian entrepreneurs; owners not named) | Cyprus | 1 | |
| Spreadex Limited | private | United Kingdom | 1 | |
| Swissquote Group Holding Ltd | listed (SIX:SQN) | Switzerland | 1 | |
| The NAGA Group AG | listed (XETRA:N4G) | Germany | 1 | |
| ThinkMarkets (TF Global Markets) | private (owners not publicly confirmed) | Australia | 1 | |
| Tickmill Group | private (owned by its co-founders) | United Kingdom | 1 | |
| TMGM (Trademax) | private (owners not named) | Australia | 1 | |
| Trade Nation | private | United Kingdom | 1 | |
| Trading 212 | private (owners not named on its pages) | United Kingdom | 1 | |
| XM Group (Trading Point) | private (owners not publicly confirmed) | Cyprus | 1 | |
| XTB S.A. | listed (WSE:XTB) | Poland | 1 | 2 |
