Brokers

The broker group can now serve United States-based traders as well.

The company is expecting a significant jump in net revenues and pre-tax profit for the first half of 2021.

The broker generated a pre-tax profit of £15.3 million in that period.

The Group has acquired a 100% stake in the financial services provider for an undisclosed sum.

The deal has opened several brand placement opportunities for the broker.

The brokerage has plans to add more licenses in the near future.

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The broker now operates globally with four regulatory licenses.

The total profit before tax increased 127% over the year, which ended 31 March 2021.

The broker shuttered its operations last year.

The company has launched a prepaid card mobile app.

Customers from the brokerage could access protection backed by the Financial Commission’s Compensation Fund and other benefits.

It will offer leverage up to 10x for trading with crypto CFDs.

The broker was fined last year for its ‘payment for order flow’ model.

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The regulator has blocked 462 websites since July 2019 when it gained the legal power to order sites' blackouts.

The broker offers trading services with thousands of stock CFDs and other asset classes.

Trading volume still remains double compared year-over-year.

On the other hand, equities demand on the platform skyrocketed last month.

The CySEC-regulated firm recently launched its Bitcoin base currency account.

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