Spotware, the producer of the award-winning cTrader trading system, has announced that The5ers, one of the biggest global proprietary trading firms founded in 2016, has chosen cTrader as one of its primary trading environments. This strategic alliance further reinforces cTrader’s position as the platform of choice for prop trading firms and professional traders alike, who value innovation, transparency, and sustainable growth. Improving Access For The5ers Traders As part of this collaboration, funded traders on The5ers have direct access to cTrader’s multi-asset premium environment. The platform offers low latency execution, easy-to-use native charting, sophisticated risk management, free cloud execution for algorithmic trading, and API connectivity – all supported by institutional-grade security and stability. “We are excited to welcome The5ers into the cTrader community,” said Ilia Iarovitcyn, CEO of Spotware. “The5ers has earned a strong reputation for transparency and integrity in the proprietary trading space, and we are proud to support their mission. By choosing cTrader, they reaffirm their commitment to providing traders with a fair, trustworthy environment and world-class technology. Together, we enable traders to pursue their goals with confidence, backed by platforms that uphold the highest industry standards.” Increasing Trading Standards The5ers’ integration of cTrader into its platform elevates the user experience by offering its members access to automated strategies, customizable dashboards, advanced analytics, and multi-asset trading functionalities. These features add an additional layer to the firm’s organized financing system, ensuring that traders can enhance their performance while still having flexibility when it comes to funding options. “After conducting an extensive review of multiple platforms, we selected cTrader as an additional option to enhance our offering for experienced traders,” said Saul Lokier, CEO of The5ers. “This opens the door to one of the industry’s most advanced trading environments and reflects our vision of providing traders with greater flexibility, innovation, and transparency.” Assisting the Growth of International Traders “By collaborating with The5ers, cTrader continues to grow its role in enabling the development of proprietary trading communities around the world.” This partnership provides The5ers’ traders with increased flexibility without compromising the firm’s high standards and fits with Spotware’s mission to empower brokers and prop firms with industry-leading and trader-focused technology. About The5ers Founded in 2016, The5ers is a proprietary global trading firm that identifies trading talent and offers a structured growth opportunity. With its funded accounts and scalping programs, The5ers empowers traders worldwide to unlock capital, forge sustainable careers, and achieve enduring success in the financial markets. About cTrader cTrader is a multi-asset FX/CFD trading platform developed by Spotware and based on principles of Traders FirstTM. The platform comes with sophisticated native charts, blazing fast execution, social trading integration, and free cloud-based execution for trading algorithms. As an Open Trading PlatformTM, cTrader has over 100 third party integrations provided through APIs and plugins. The cTrader Store gives developers the ability to monetize trading algorithms and connect with a community of more than 8 million traders, while enabling brokers to grow via IB-focused solutions and frictionless onboarding.

Solitics provides transparency about brokerage KPIs to enable brands to link marketing performance directly to commercial performance. In today’s hyper-competitive brokerage space, growth is no longer a question of adding more traders-it’s about knowing what actually brings value. Yet many brokers continue to use the traditional or perfunctory performance metrics, which measure activity rather than meaningful outcomes. With increasing acquisition costs, shrinking margins, and more demanding users, clarity is becoming the single most important key to successful outcomes. Transparency into what is important, what gets you measurable results, and how engagement strategies get turned into revenue. Solitics provides that clarity, making KPIs more than passive metrics by turning them into ROI-based decision-making tools. The Performance Blind Spot In Brokerage Marketing Of course, trading acquisition costs have increased dramatically in recent years, but the challenge has been to link investments to real business impact. Campaigns may produce leads, emails may create engagement and onboarding may convert – but which of those actions is the direct driver of funded accounts, increased trading volumes or long-term retention? The majority of marketing teams are still only focused on easy-to-measure metrics like click-through rates, sign-ups, or app installs. Yet in high-value industries like trading, these vanity metrics don’t cut the whole story. As the VP Product from Solitics explains: For trading brands all objectives are not equal. Our KPI Management and value measurement solution completes the loop between user engagement and bottom line. From Generic Metrics to Business-Enabled KPIs Solitics enables broker dealers to specify, track and optimize KPIs that are directly tied to business goals. Whether that’s demo-to-real conversion, trading volume increase, or the count of first-time deposits, each KPI is specifically designed to capture outcomes that really matter. These are not abstract metrics – they are embedded into the customer journeys, and allow brokers to measure performance in real-time and make adjustments to campaigns where appropriate. For example, a broker may define a KPI that tracks how many users go from registration to their first trade within seven days. Solitics doesn’t only record that flow, but also gives each conversion an actual monetary value, closing the loop between campaigns and revenue impact. Monetising Marketing: Real Time Financial Intelligence Where most platforms cap off at clicks and opens, Solitics goes the extra mile with real-time value measurement. Brokers can put monetary value on user objectives and visualize the hard dollars impact of each step. This makes reporting a strategic revenue dashboard. A campaign that gets fewer conversions, but attracts higher-deposit traders can be identified and scaled. A highly engaged but weak ROI journey can be optimized or reformed. Performance measurement is grounded in commercial reality – not just marketing activity. Smarter Segmentation, Smarter Strategies The real strength of KPI measurement is specificity. Solitics allows granular segmentation where brokers can create KPIs around assets, user groups or types of engagements. For example, a broker who wants to increase GBP/EUR trading volume ahead of an important macroeconomic event can create a volume-growth KPI for that segment, track it, and measure its revenue contribution. Similarly, marketers who operate education-focused funnels will be able to measure the direct financial impact of different learning journeys and reallocate budget as needed. This approach enables brokers to turn faster, optimize more accurately and scale more effectively – without the guesswork or delays from reporting. Product Led Growth, Supported by Real-time Data What makes Solitics stand out is that it’s product-first in its approach and the way it integrates KPI tracking into the customer experience. Performance measurement is not a separate tool that sits apart from the rest of the ecosystem – it’s built right into the same ecosystem that brokers use to design and execute user journeys. This single view allows marketers to travel from campaign design to financial insight in one environment. Campaigns can dynamically adjust to user behavior, results, or KPI performance based on conditional logic and multi-path testing. Strategies are improved not on instinct, but on real-time data related to revenue. About Solitics Solitics is a real-time customer engagement solution for online brokers, banks and fintech brands. Its next-generation KPI Management and value measurement capabilities help organizations to connect marketing with business results – to capture, measure and optimize success in terms of the measures that are most important. Learn more at solitics.com 

Legal disputes over former President Donald Trump’s tariff program are a distraction for investors, according to the head of one of the world’s largest independent financial advisory firms. Nigel Green, CEO of deVere Group, urged markets to keep their attention fixed on strong corporate earnings and a resilient U.S. economy, even as the courts weigh the legality of the administration’s flagship trade policy. Legal Uncertainty Over Tariffs A federal appeals court has ruled that most of Trump’s blanket 10% reciprocal tariffs exceed his emergency powers. While the measures remain in place until at least mid-October pending a possible Supreme Court challenge, the ruling has cast doubt on the administration’s ability to sustain its trade agenda. “This ruling highlights a serious legal threat to one of the President’s most high-profile economic policies. But investors should not let themselves get distracted by courtroom drama. What ultimately matters for markets are the fundamentals, and those remain solid,” said Nigel Green. Tariffs Likely to Persist in Some Form Even if the courts strike down the current program, Green warned that the White House will likely pursue other measures to generate revenue from imports. “It would be naïve to assume this White House will simply abandon such a significant fiscal lever. Investors must factor in that some form of levy is likely to remain in play,” he said. Corporate Earnings Remain Robust Despite the legal wrangling, U.S. corporate earnings have demonstrated resilience. The S&P 500 posted year-on-year earnings growth of over 9% in Q2 2025, with more than three-quarters of companies beating Wall Street estimates. Mega-cap tech leaders have delivered standout results: Apple’s net income rose 17% to $28.4 billion, Microsoft reported a 21% jump in cloud revenue, and Amazon posted a 22% gain in quarterly earnings. Industrials also contributed, with Caterpillar citing global infrastructure demand for its double-digit revenue growth. Consumer giants such as McDonald’s and Starbucks exceeded forecasts, reflecting continued spending power among U.S. households. Supportive Macro Backdrop The broader U.S. economy has maintained momentum. GDP grew at an annualized 2.8% in Q2, unemployment remains below 4%, and inflation has cooled to just above 2%, helping sustain consumer demand. Green emphasized that these are the real market drivers. “Corporate America continues to show that it can grow earnings and sustain profitability even under an unpredictable policy regime. These are the signals serious investors should be paying attention to—not short-term headlines about court rulings,” Green noted. Historical Perspective Markets have a history of discounting policy turbulence when earnings remain strong. Previous tariff disputes, such as those involving steel and aluminum, rattled sentiment but did not derail long-term equity performance. Green said profitability and economic momentum ultimately determine market direction. “The risk is that investors overreact to political headlines and miss the real story—businesses are making money, the economy is expanding, and valuations are underpinned by earnings power,” he said. Investor Guidance Green’s advice to clients is to avoid reactionary moves and concentrate on companies with durable earnings streams and global reach. “We urge investors not to get caught in the noise. Keep your eyes fixed on quality names with strong balance sheets, durable earnings streams, and global reach,” he said. While tariff policy may evolve, deVere expects the administration will continue to pursue trade-related revenue strategies. For investors, the focus must remain on fundamentals. “Markets will always have political and legal dramas. But wealth is built by those who can see beyond them to the real drivers of returns. Fundamentals must remain the compass,” Green concluded. Despite looming Supreme Court battles over Trump’s tariff plan, deVere stresses that earnings strength and economic resilience—not legal headlines—are what shape long-term wealth creation.

Traditional financial institutions have become enamored with the idea of tokenized real-world assets, which allow physical assets such as gold, diamonds and real estate to be traded on the blockchain. Known as “RWAs”, they’re a new breed of digital token that can democratize asset ownership and dramatically increase access.  Yet, if RWAs are to become a viable financial instrument, there’s an urgent need to ensure trust and transparency. Without concrete regulations, RWAs will remain legally ambiguous, leaving investors at risk of being exploited, and projects exposed to the risk of shutdown on the whims of regulatory authorities.  The Need For Trust Trust is absolutely essential for tokenized assets. When someone buys asset-backed tokens, they are going to need assurance that the tokens they hold really do give them full, legal rights to the underlying asset. With this kind of trust, RWAs can flourish, but without it, they’ll never become anything more than a niche investment.  To build this trust, RWAs need to be regulated, as this is what brings them legitimacy. Regulations must define how real-world assets are tokenized, stored and transferred, and spell out the rights and responsibilities of token holders. Such clarity will ensure the long-term stability of RWA projects by protecting those who invest in them, making them more attractive to institutional investors.  Blockchain itself is not enough to ensure this level of trust. While blockchains are great at securing the tokens that live on them, they cannot prove that those assets are actually linked to any physical asset. The problem with blockchains is that they’re designed to verify on-chain transactions, but they cannot do so for off-chain truths. For instance, it cannot prove that the property linked to an RWA is in the condition advertised, it cannot demonstrate that a tokenized commodity is authentic, and it cannot ensure that legal obligations have been fulfilled.  Andrei Grachev, managing partner of the collateral infrastructure provider Falcon Finance, said this limitation of blockchains creates a huge trust gap for decentralized markets, where tokenized assets are bought and sold between third parties with no prior relationship. “Putting traditional assets on-chain is not enough,” Grachev explained. “The real challenge is designing the full system they need to move through – who issues them, how they settle, and how they generate returns.” What Goes Into Compliance? Achieving compliance may seem like a daunting challenge, but RWAs have been around for several years already, helping to shape an emerging framework that newer projects can follow to create a high degree of trust in their assets.  For any new projects considering issuing tokenized assets, the first step is to identify the jurisdictional requirements for that asset to be considered compliant. That means understanding where users are based and what regulatory frameworks apply in those jurisdictions. Depending on the region, tokenized asset issuers may be required to obtain certain licenses and meet other conditions.  In almost every region, the implementation of KYC and AML controls will be a must. This means creating robust identity verification processes and transaction monitoring systems. Based on the jurisdictional requirements, projects must ensure their assets are structured properly, working with legal experts to create clear asset linkage and legally-enforceable terms. As part of this, they’ll need to provide transparent data regarding the origins, custodianship, valuation and insurance of the underlying asset. In addition, it’s necessary to keep full and transparent records of token issuance and hard-code these rules into the token’s smart contract, so anyone can audit and verify their authenticity.  Rather than shun regulators, serious RWA projects should work closely with regulatory authorities to ensure full compliance with new guidelines and address any concerns they may have.  Grachev said that the above steps are commonsense guidelines that all RWA projects should follow to ensure they’re able to operate legally and safely. “This is what we mean by ‘compliant rails’,” he said. “It includes everything from permission controls to ambiguity to capital flow restrictions. Stablecoins are a core part of that design. Without a digital cash layer that regulators can trust, tokenized RWAs stall out. Institutions will not hold assets that cannot generate yield or integrate with broader financial strategies.”  Building Trust In RWAs While regulatory compliance can feel like a burden, it does, in fact, act as a springboard to growth for RWA projects, for trust brings them significant benefits that make them more palatable as an investment.  For instance, fully-regulated RWA projects have much more credibility, as it assures investors that their tokens are secure, legally recognized and in compliance with relevant laws. They’ll become much more resistant to any regulatory changes or the prospect of legal actions. This means they’ll be more likely to attract institutional capital and forge partnerships with traditional financial players, which are necessary to accelerate their growth. Full compliance can pave the way for international expansion, through listings on compliant cryptocurrency exchanges, where they can be accessed by global audiences. To prove this point, we can look at the example of BlackRock’s BUIDL fund, which is a tokenized money market that simplifies access to low-risk assets such as U.S. Treasury bonds, allowing them to be traded on the blockchain. BUIDL has grown dramatically, and from March to June 2025 it added around $1 billion to its assets under management, reaching a total of almost $3 billion, highlighting the rising interest in RWAs.  The BUIDL fund is built on Avalanche’s compliant infrastructure, which adheres to regulatory frameworks such as the SEC Rule 506(c) and enforces KYC and AML checks, restricting access to qualified investors. Under BUIDL’s meticulously constructed architecture, BlackRock serves as the asset manager and issuer and is responsible for the investment strategy, while Securitize is the core technology provider, taking care of the tokenization process and investor onboarding. Finally, New York Mellon serves as the custodian of BUIDL’s underlying assets.  Tiamonds is a compliance-first issuer of tokenized diamonds that operates under Liechtenstein’s blockchain laws, known as the Token and Trusted Technology Service Provider Act (TVTG). One of the foundations of the act is the Token Container Model, which defines how a token functions as a “container” that can hold any legal right that represents assets such as stocks, bonds, commodities, real estate or fiat money. The asset is “loaded” into a container, verified by an independent body and any rights are legally enforceable.  This means that Tiamonds’ tokenized diamonds are backed by transparent and verifiable legal documentation that includes grading reports and a full record of its ownership history. In addition, Tiamonds implements strict KYC and AML checks to onboard clients in a transparent way, while the physical diamonds are stored by a compliant custodian.  Tiamonds’ bullet-proof compliance framework can work with almost any kind of asset, and the project has plans to tokenize sapphires, gold, silver, platinum, real estate and even carbon credits.  With Trust, RWAs Will Flourish Grachev believes that the ability to establish trust will be what makes or breaks tokenized RWA projects. By adhering to regulations and building compliant infrastructures, token issuers will create the confidence that’s essential for markets to prosper. “Tokenizing assets is one thing,” he said. “Managing the entire journey, from onboarding to compliance checks to yield distribution and secondary trading is something else entirely.”  While compliance introduces a lot of operational complexity, this is where trust is won or lost, Grachev said. He points out that in traditional financial markets, the companies that provide the custodial services, clearing and risk control are the ones that define the infrastructure and engineer confidence among investors.  “The same will be true for tokenization,” Grachev insisted. “ The tokenization race won’t be won by the first movers, but by those who design the compliance systems that market participants rely on.” 

Wahed, a leading Shariah-compliant fintech, has launched its Private Real Estate investment platform in the United States, bringing fractional property ownership to faith-based investors with entry points as low as $100. The move builds on the firm’s success in the UK and expands its mission of creating inclusive, ethical, and accessible investment opportunities worldwide. Democratizing Real Estate for Faith-Based Investors Historically, Muslim and values-based investors in the U.S. have faced barriers to private real estate because of Shariah restrictions against debt-based financing. Wahed’s model addresses these challenges by offering debt-free, fractional ownership in vetted residential properties, available directly via its mobile app. Investors receive quarterly rental income proportional to their ownership and benefit from potential capital appreciation, while Wahed manages property maintenance, compliance, and tenant relations. “Private real estate is highly desirable among investors, yet Shariah compliant platforms remain scarce in the U.S. Our real estate investment solution addresses the longstanding challenges of high capital requirements and complex property management, allowing everyday investors the peace of mind and simplicity of true passive income,” said Mohsin Siddiqui, CEO of Wahed. Accessible Entry Point The new platform eliminates the traditional high capital barriers by allowing participation from just $100. Investors can diversify into residential property portfolios and build wealth incrementally while accessing a steady stream of rental income. By handling all back-end property management, Wahed enables investors to focus on long-term portfolio growth. Expansion from the UK to U.S. Markets The U.S. launch follows Wahed’s successful real estate investment program in the UK, where the platform raised millions within months across multiple properties. Each property typically attracted several hundred investors, many of whom were entering the real estate market for the first time. “Wahed’s Private Real Estate product will set the benchmark in allowing investors to invest in well-vetted investment opportunities. We employ a strong due diligence process, working with local market experts to identify properties with solid fundamentals in high-growth regions. Our strategy focuses on properties with sustainable rental yields and long-term appreciation potential. We want to ensure that our investors have access to institutional grade real estate opportunities,” said Ahmar Shaikh, Head of U.S. at Wahed. Addressing a Clear Market Gap Private real estate has long been viewed as a hedge against inflation and a strong source of passive income, yet Muslim Americans have often been excluded from such opportunities due to financing practices involving interest. Wahed’s fully Shariah-compliant approach bridges this gap, providing an ethical alternative that aligns with faith-based principles while delivering access to a traditionally high-barrier asset class. By positioning itself at the intersection of fintech, ethical investing, and real estate, Wahed aims to expand financial inclusion and empower a broader segment of U.S. investors seeking both income generation and long-term wealth creation. Wahed’s U.S. launch makes Shariah-compliant real estate investing accessible for as little as $100, addressing longstanding barriers and providing Muslim Americans with an ethical path to property ownership and passive income.