FX week in review: Plus500 exec share grants, Doo Group rebrand, Prop firm launch

Before we get to our first FX week in review of the new year, we’re pleased to share with our audience that FNG recorded yet another month of record visitors in December (despite it being a slow holiday month in the greater financial news world), topping off a more than 70% rise in our daily traffic for 2025.

Driving our growth has been soaring Search traffic. FNG now ranks top-of-page for virtually all online trading company names, and top industry keyword phrases.

If your brand isn’t on FNG, it isn’t being seen by the hundreds of thousands of serious traders and FX/CFD industry insiders, who visit our site (and get our email newsletter) every day.

Come talk to us about what we can do for you in 2026!

And to kick off 2026, we saw a combination of senior executive moves (and eight-figure stock compensation for some of the top brass at Plus500), a broker rebranding, a CFDs broker launching a new Prop brand, and lots more.

Some of the most read and commented-on FX/CFD industry news stories to appear over the past seven days on FNG included:


Top FX and CFDs industry news stories this week

Plus500 grants shares worth $22.7 million to CEO David Zruia, executives. Plus500 CEO David Zruia (pictured above) and CFO Elad Even-Chen are the largest recipients of the share/unit grants. Mr. Zruia is receiving altogether 231,328 ordinary shares (worth $11.4 million) as a grant of shares in connection with 2026 LTIP, and with 2026 deferred bonus. Mr. Even-Chen is receiving an identical grant. Other executives in on the plan include Plus500 CMO Nir Zatz, CTO Al Yaros, Chief Regulation Officer Yevgeni Shtuckmeyster, Plus500 Israel CEO Erez Levy, Chief People Officer Eden Dahan, and VP R&D Or Rotem.

Exclusive: Doo Group rebranding UK and South Africa operations to… FNG Exclusive… FNG has learned that Retail FX and CFDs brokerage holding company Doo Group, which has traditionally operated brokers containing the “Doo” moniker, has undertaken its second major rebranding effort in as many years. How will Doo Group’s FCA regulated UK brokerage, and South Africa FSCA licensed business, now be known?

Exclusive: TrioMarkets launches in-house prop firm TrioFunded. FNG Exclusive… FNG has learned that TrioMarkets has become the latest Retail FX and CFDs broker to jump into the prop trading / trader challenges space, launching its own prop firm brand called (not surprisingly) TrioFunded. The company’s triofunded.com website has just gone live.

STARTRADER named Official Partner of the NBA. Fresh off a rebranding and reflecting its strategic business direction, Dubai based Retail FX and CFDs broker STARTRADER has announced that it has sealed a deal with the National Basketball Association (NBA) to become the league’s Official Partner, which marks a significant milestone in the company’s continued growth and expansion.

TrioMarkets operator EDR Financial fined €50K by CySEC. Cyprus financial regulator CySEC has announced that a settlement has been reached with the CIF license holder EDR Financial Ltd, for possible violations of the Investment Services and Activities and Regulated Markets Law of 2017. EDR Financial Ltd operates the TrioMarkets CFDs brokerage brand for EU clients, at website triomarkets.eu.

Top FX industry executive moves this week

Michael O’Sullivan

❑ CFI hires Hantec CTO Michael O’Sullivan.

❑ Exclusive: Robinhood ups institutional crypto adding B2C2 sales head Zeke Vince.

❑ Exclusive: IG Group Trading Director Adam Blemings departs.

❑ IronFX BizDev head Lampros Savva departs.

❑ Sucden appoints Bruno Almeida as CFO.

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