IG Group has successfully completed the acquisition of London-based neobroker Freetrade, marking a significant expansion in the digital trading space. The £160 million deal, first announced on 16 January 2025, officially took effect on 1 April 2025.

Also, in a statement shared on social media, both companies celebrated the completion of the acquisition, with Freetrade now officially becoming part of IG Group. The post emphasized that, with IG’s extensive resources and support, the launch of new products and features will be expedited to better serve customers across both platforms.

Moreover, Breon Corcoran, CEO of IG, expressed his enthusiasm about the deal, stating, “I am happy to welcome Viktor and the Freetrade team to IG and look forward to working together to take the platform to the next level.”

IG Group Completes £160 Million Acquisition of Freetrade

Furthermore, Viktor Nebehaj, CEO and co-founder of Freetrade, echoed this sentiment, saying, “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 signals IG Group’s continued commitment to enhancing its digital trading offerings, expanding its customer base, and introducing innovative solutions to meet the evolving demands of investors. Freetrade, which has grown rapidly in the UK, is famous for its user-friendly mobile platform and commitment to commission-free trading, making it a compelling addition to IG’s portfolio.

As the integration progresses, the two companies are going to leverage their combined expertise to strengthen their positions in the competitive online brokerage market, with a shared focus on customer satisfaction and technological innovation.

So, the completion of IG Group’s £160 million acquisition of Freetrade marks a significant milestone for both companies. This strategic move is going to accelerate product development, enhance customer offerings, and solidify its presence in the rapidly evolving online brokerage market. With IG’s robust resources and Freetrade’s innovative approach to commission-free trading, the partnership is going to drive future growth and deliver enhanced services to investors, positioning the combined entity for continued success in the competitive financial landscape.

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