iFOREX Europe Signs Deal with with Hungarian Football Champions

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iFOREXEurope has secured a jersey sponsorship agreement with Ferencvárosi TC,Hungary's most successful football club and current champions. The partnershipmakes the Cyprus-based trading platform the official back-of-shirt sponsor forthe team that just claimed its 36th Hungarian league title in May.iFOREX Signs JerseySponsorship Deal with Hungarian ChampionsThe dealkicks off next month as Ferencváros prepares for another European campaignafter the summer break. It's the sixth straight season the Budapest club hasqualified for continental competition."Ferencvárosiis synonymous with resilience, preparation, and relentless ambition – qualitiesthat mirror the mindset of successful traders," said Itai Sadeh, iFOREX's CEO. "Weare proud to join forces with a club whose history and future are defined bywinning attitudes and community spirit."TheHungarian partnership adds to iFOREX's growing sports portfolio across Europe.The company alreadysponsors PSV Eindhoven in the Netherlands andLech Poznań in Poland.SPORTFIVEHungary arranged the deal and will handle activation for the club. András Igaz,the agency's CEO, emphasized that iFOREX won't just slap its logo on jerseys, “itwill also play an active role in the life of the club through joint activitiesand fan engagement programs.”The sponsorship amount remains undisclosed. According to FinanceMagnates.com, CFD brokers often invest millions in football sponsorships. Last season, Swissquote led with $15 million, followed by eToro at $10.7 million and Plus500 at $10.5 million. Other notable sponsors included Libertex, AvaTrade, Vantage, Doo Group, and CFI Group.What About the IPO?iFOREX hasbeen operating since 1996 and offers a proprietary platform where retailclients can trade contracts for difference across more than 870 instruments.The company is licensed by both the Cyprus Securities and Exchange Commissionand the BVI Financial Services Commission.The mosttalked-about topic surrounding iFOREX in recent months has been itsplanned IPO on the London Stock Exchange. The listing was intended tohelp reduce the firm’s revenue dependence on Asia and support expansioninto new markets. The companyhad aimed to debut bythe end of June 2025 but announced last month that it was temporarilyhitting pause on its plans to become an LSE-listed entity. According toofficial statements, the delay was due to a compliance inspection in theBritish Virgin Islands, one of the jurisdictions where the company is licensed.The processwas reportedly near completion, but no further updates on the IPO have beenreleased since.This article was written by Damian Chmiel at www.financemagnates.com.