IG Group’s UK Entity Stops Servicing EEA Clients after Brexit Transition With only two days to go until the end of the Brexit transition period, UK brokers are losing so-called 'passporting' rights.
XTB Shares Gain 12% with Positive Regulatory Review on Dividend The brokerage posted a solid rise in revenue and profits in the last several quarters.
SFC Fines Fulbright Securities $3.5 Million for Short Sale Violations Hong Kong’s regulations require firms to deliver the shares, after completion of a short sale transaction.
Turkish Broker AmorFX Joins Financial Commission’s Membership Roster AmorFX is solely focused on the Turkish market though it apparently has no regulation status in the country.
Exclusive: Exness 2020 Trading Volume Hits Record, Active Clients Double The broker is witnessing a healthy gain in trading volume even after the March windfall.
Brexit Forces Hirose UK to Shut EEA Business The broker has already stopped taking clients from the EEA countries.
ActivTrades Receives License for Luxembourg Office The Broker plans to facilitate its European clients after Brexit.
Finotec Trading 2019 Revenue Dips 31%, Shifts Focus to Fund Management The company is expecting to receive a total deposit of $20 billion by 2020 end.
Interactive Brokers Expands European Business with Entity in Ireland The broker received authorization from the Central Bank of Ireland for Interactive Brokers Ireland Limited.
Bank of Russia Cancels License of FX Dealer PSB-Forex The regulatory action was expected as PSB-Forex filed to regulators earlier this year to voluntarily revoke its license.
ETX Capital Brokered Online Blockchain’s $400K Fundraising The proceeds will be used in the incubation of blockchain startups.
Robinhood Cuts Margin Interest Rates by Half to 2.5% The new rates will apply to premium accounts with a monthly fee of $5.
Interactive Brokers Wants Migration of East European Accounts to Hungary It is not clear if it is asking traders across the EU for such migration.
M4Markets Expands Trading Platform Range with MetaTrader 5 The broker plans to facilitate its clients with a wider list of assets and advanced trading features.
Court Justifies USGFX Liquidator’s Move of Not Closing Open Positions The liquidator did not receive co-operation from the shareholders of the broker.
City Watchdog Warns of Plus500 Clone as Pattern Continues FX brokers are among those that have been targeted by rogue operators who clone their names and websites.
OANDA Opens New Subsidiary in Malta, Allows UK Clients to Migrate Operating under the brand ‘OANDA Europe Markets (OEM),’ the new entity is licensed by the Malta Financial Services Authority.
AxiCorp’s UK Subsidiaries Saw Healthy Growth in FY2020 Business Revenue’s of both AxiCorp Limited and Star Financials came in positive.