iFOREX’s July Trading Income Fell to $720,000 From…
iFOREX has cut its 2026 profit outlook after July trading income collapsed 76.8% year over year, with the newly listed CFD broker pointing to two days of coordinated yen intervention that moved against its net client exposure. July trading income fell to approximately $720,000 from $3.1 million a year earlier. The board now expects adjusted EBITDA of just $0.5 million to $2.5 million for the full
iFOREX has cut its 2026 profit outlook after July trading income collapsed 76.8% year over year, with the newly listed CFD broker pointing to two days of coordinated yen intervention that moved against its net client exposure. July trading income fell to approximately $720,000 from $3.1 million a year earlier. The board now expects adjusted EBITDA of just $0.5 million to $2.5 million for the full
Source: FinanceFeeds