November 2026
Largest Investment Brokerage Public Companies in the UK
Benchmark revenue and EBITDA valuation multiples for public comps like
IG Group, TP ICAP, CMC Markets, Team and Tavistock Investments.
 | IG Group Holdings PLC provides online trading services to its clients. The majority of the company's revenue stems from its derivative products and contracts for difference (CFDs). The company operates through various segments which are The U.K. segment which derives its revenue from financial spread bets, CFDs, binary options, and execution-only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The European segment derives its revenue from CFDs, binary options, and execution-only stockbroking. The Rest of the World segment derives its revenue from the operation of a regulated futures and options exchange as well as CFDs and binary options. The company generates more than half of its revenue from the U.K., followed by Europe and Australia. | $13 | -15% | $4.2B | $3.7B | 2.9x | 6.9x | ||
| TP ICAP GROUP PLC provides broking professional intermediary services to match buyers and sellers of different financial, energy, and commodities products. Its role includes creating liquidity and price discovery in markets and providing insight and context to the clients. The company provides proprietary over-the-counter ('OTC') pricing information in the world with the data on financial, energy, and commodities products. Its clients include banks, insurance companies, pension funds, asset managers, hedge funds, central banks, energy producers and refiners, risk and compliance managers, and charities. The company's segments include Global Broking which generates key revenue, Energy & Commodities, Liquidnet, Parameta Solutions, and Corporate. | $4 | +26% | $3B | $224M | 0.1x | 0.4x | ||
| CMC Markets plc operates a technology-led platform business that enables clients and partners to trade and invest across multiple asset classes. The Group's business consists of two segments, Trading and Investing. The Trading segment, which generates maximum revenue, involves online trading, enabling clients to trade contracts for difference (CFDs) and financial spread betting across various assets, such as shares, indices, foreign currencies, commodities and treasuries. The Investing segment provides online stockbroking services in Australia and other investing services in the UK, the USA and Singapore. It operates in the United Kingdom, which generates maximum revenue, Australia, and other countries. The Group operates through three core brands: CMC Markets, CMC Invest and CMC Connect. | $9 | +143% | $2.5B | $2.1B | 3.8x | 13.5x | ||
| Team plc is a wealth management and financial services group headquartered in Jersey. It is building a wealth, asset management and complementary financial services group with a focus on the United Kingdom, the Crown Dependencies and international finance centres. The strategy is to build local businesses of scale around its core skill of providing investment management services. Growth is pursued through targeted and opportunistic acquisitions, team and individual hires, collaboration with suitable partners and organic expansion. The group brings together financial advice, investment management and wider wealth capabilities for its clients. It owns the stockbroker WH Ireland through its subsidiary WH Ireland Group Limited. Revenue comes from advice, investment management and stockbroking services, and its shares are publicly traded. | $0 | -- | $24M | $23M | 1.5x | (12.2x) | ||
| Tavistock Investments PLC is a UK-based company that provides support services to a network of independent financial advisories (IFAs) and sells term-life and other protection policies to retail clients. The company's segments include Group (plc), Investment Management, and Advisory Business. It generates maximum revenue from the Advisory Business segment which derives revenue in the form of advisory support commissions. | $0 | -57% | $9M | $5M | 0.2x | (0.5x) | ||
| Median | $4 | +6% | $2.5B | $224M | 1.5x | 0.4x |
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