IG Group finalizes acquisition of Freetrade

LONDON - IG Group Holdings plc (LSEG:IGG), a global online trading platform provider, has announced the successful completion of its acquisition of Freetrade, effective today. The initial agreement for the acquisition was made public on January 16, 2025.

Breon Corcoran, CEO of IG, expressed his enthusiasm about the acquisition, stating, "I am delighted to welcome Viktor and the Freetrade team to IG and look forward to working together to take the platform to the next level."

Viktor Nebehaj, CEO and co-founder of Freetrade, also commented on the merger, highlighting the benefits of joining forces with IG: "We are excited to be joining a company that shares our ambition and vision. With IG’s resources and backing, we will fast-track the rollout of new products and features for the benefit of customers and accelerate our growth strategy."

The acquisition is expected to bolster IG’s offerings and enhance the overall customer experience by integrating Freetrade’s capabilities with IG’s extensive resources. The details of the transaction have not been disclosed, but the move aligns with IG’s strategic aim to expand its customer base and product portfolio.

IG Group, a FTSE 250 company headquartered in the UK, provides access to approximately 19,000 financial markets worldwide through its trading platforms and aims to empower its clients with educational resources and advanced trading tools.

The press release did include a disclaimer about forward-looking statements, cautioning that such statements involve risks and uncertainties and that actual results may differ from those projected. It also noted that nothing in the statement should be construed as a profit forecast.

This corporate development is based on a press release statement and reflects IG Group’s continued growth in the financial services industry.

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