Warning against an illegal entity by New Zealand's FMA; iForex's educational tools.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Bitcoin to Reach
$120,000 Next Year: Standard Chartered Predicts
Analysts from
Standard Chartered have predicted that the price of Bitcoin could reach $50,000
before the end of the year, and $120,000 before the end of next year, due to Bitcoin miner activity.
According to analysts, Bitcoin miners were likely to sell less of their holdings due to the increased profitability of the top cryptocurrency, the
banking giant stated, according to a report by Reuters. Since the start of the
year, Bitcoin has risen around 80%.
BTIG Appoints
Thomas Roh to Head of Debt Capital Advisory Group
The investment banking company, BTIG has appointed Thomas Roh as the Managing Director to head its Debt Capital Advisory Group. Roh has over 25 years of experience in the consumer and commercial capital markets as well as asset securitization.
"We are pleased
to welcome Roh to our Debt Capital Advisory team," commented Scott
Kovalik, the Co-Founder and CEO of BTIG. "We are confident that his acumen
will support the group's focus on originating, executing, and closing
transactions for corporate issuers and financial sponsors while offering them
the highest level of client service and customized solutions."
ESMA Publishes Post-Trade
Transparency Manual
The
European Securities and Markets Authority (ESMA) has released its manual on
post-trade transparency. It provides market participants and national competent
authorities (NCAs) with guidance on the consistent application of the relevant MiFIR
obligations.
The manual
serves as a tool for post-trade transparency and transparency calculations,
clarifying which instruments and transactions are subject to post-trade
transparency.
QB and Genesis Global Cooperate
Quantitative
Brokers (QB) and Genesis Global have announced a strategic partnership to
launch a new advanced algorithm performance monitoring solution to improve algo
transparency and enhance trader productivity. The order monitoring system,
developed in collaboration with Genesis, will enhance QB's real-time management
and proactive support services for client orders globally.
"We
are thrilled about our partnership with Genesis Global. This collaboration
enables us to deliver a next-generation platform to our clients, enabling them
to efficiently and effectively achieve their goals in today's rapidly evolving
financial markets," Asset Tarabayev, the Chief Product Officer at QB,
commented.
FMA Warns against
PSLUS.COM
Investors
are urged to exercise caution when dealing with the PSLUS.COM website, which
offers investments but is not registered to provide financial services in New
Zealand. PSLUS.COM fraudulently claims to be a registered company in New
Zealand by using the Certificate of Incorporation of a legitimate New Zealand
company, PSL Enterprises Limited.
PSL
Enterprises Limited has confirmed that it has no association with this website.
As such, potential investors should be wary of engaging with this entity.
FINRA Expels Monmouth
Capital Management
FINRA, the
Financial Industry Regulatory Authority, has announced the expulsion of
Monmouth Capital Management for churning and excessively trading customer
accounts. Moreover, the company failed to supervise its representatives,
providing false and misleading disclosures to retail customers.
Between
August 2020 and February 2023, Monmouth, through six representatives,
excessively traded 110 accounts, 42 of which were also churned. This trading
resulted in customers incurring approximately $3.9 million in commissions and
trading costs, and suffering substantial losses.
NayaOne Incorporates
Bitpanda Tech
NayaOne has
integrated Bitpanda Technology Solutions into its marketplace. The NayaOne Tech
Marketplace connects financial institutions to hundreds of curated APIs, SaaS
products, and business services.
The
partnership with Bitpanda provides NayaOne users with access to Bitpanda's
exchange services, a built-in wallet for securely storing digital assets, a
trading platform with advanced charting tools, and a professional-grade API for
developers. Additional services, such as Bitpanda Savings and Bitpanda Staking, allow users to earn interest on their digital assets.
Spain Regulator Warns against Illegal Platforms
Spain's financial market regulator, the National Securities Market Commission (CNMV), has added fifteen websites to its warning list that illegally offer services within its jurisdictions. Most of these websites are operating without any license or are outright fraudsters.
"According to CNMV records, these institutions are not registered in the corresponding registry of this Commission and, therefore, are not authorized to provide investment services or other activities subject to the CNMV's supervision," the regulator noted.
These websites primarily offer risky trading instruments like margin forex and contracts for differences (CFDs).
New Zealand Flags a Financial Imposter
New Zealand's Financial Markets Authority (FMA) has flagged PSLUS.COM, calling it an imposter website of a legitimate company. The fraudulent website offers trading services with stocks, indices, and other instruments.
"Its website offers investments but is not registered to provide financial services here in New Zealand," the FMA stated. "It purports to be a registered company in New Zealand by using the Certificate of Incorporation of a legitimate New Zealand company, PSL Enterprises Limited. The director of PSL Enterprises Limited confirms it has no association with this website."
iFOREX Enhances Educational Tools
iFOREX has enhanced its service by introducing some customer-centric services, including personalized guidance from experts. The motive of the broker looks to educate novice traders who are its potential customers.
"We're thrilled to expand our educational offerings to fit the needs of our traders in Latin America. Our Spanish language support brings our clients even more options for improving their trading skills and knowledge," said Vasilis Katsikadis, a Marketing Manager at iFOREX. "Our commitment to education and support is at the heart of our mission, and we believe that providing access to top trading tools in multiple languages is an important part of that."
B3 and NASDAQ Tie to Develop Clearing Platform
B3 and Nasdaq announced their partnership to develop a new clearing platform for the Brazilian stock exchange. The upcoming platform will provide clearing, settlement, and management of counterparty risk associated with financial market transactions.
Mario Palhares, Chief Operating Officer of Electronic Trading and CCP at B3
"We are working diligently to ensure that our clients have access to the best solutions available in the market, always aiming at improving our services, increasing capacity and availability, and offering better time to market," said Mario Palhares, the Chief Operating Officer of Electronic Trading and CCP at B3.
Praxis Tech Launches Recurring Payments
Praxis Tech, a payments technology company, has broadened its offerings with the latest addition of recurring payment features. Merchants using the Praxis software will have advanced customization options with the new feature.
The company further highlighted that it brought recurring payments to capture the share in a market growing at a CAGR of 16.10 percent. On top of that, it pointed out that the subscription/recurring billing management market is expected to reach $22.77 billion by 2030.
Guy Karsenti, CTO at Praxis
"While accommodating our existing clients remains our top priority, we look into bringing our payments orchestration platform to new verticals. Recurring/subscription payments have been one of the strongest trends in online payments, and tapping into this consumer behavior on a bigger scale opens further potential for Praxis and our clients," said Praxis' CTO, Guy Karsenti.
Bitcoin to Reach
$120,000 Next Year: Standard Chartered Predicts
Analysts from
Standard Chartered have predicted that the price of Bitcoin could reach $50,000
before the end of the year, and $120,000 before the end of next year, due to Bitcoin miner activity.
According to analysts, Bitcoin miners were likely to sell less of their holdings due to the increased profitability of the top cryptocurrency, the
banking giant stated, according to a report by Reuters. Since the start of the
year, Bitcoin has risen around 80%.
BTIG Appoints
Thomas Roh to Head of Debt Capital Advisory Group
The investment banking company, BTIG has appointed Thomas Roh as the Managing Director to head its Debt Capital Advisory Group. Roh has over 25 years of experience in the consumer and commercial capital markets as well as asset securitization.
"We are pleased
to welcome Roh to our Debt Capital Advisory team," commented Scott
Kovalik, the Co-Founder and CEO of BTIG. "We are confident that his acumen
will support the group's focus on originating, executing, and closing
transactions for corporate issuers and financial sponsors while offering them
the highest level of client service and customized solutions."
ESMA Publishes Post-Trade
Transparency Manual
The
European Securities and Markets Authority (ESMA) has released its manual on
post-trade transparency. It provides market participants and national competent
authorities (NCAs) with guidance on the consistent application of the relevant MiFIR
obligations.
The manual
serves as a tool for post-trade transparency and transparency calculations,
clarifying which instruments and transactions are subject to post-trade
transparency.
QB and Genesis Global Cooperate
Quantitative
Brokers (QB) and Genesis Global have announced a strategic partnership to
launch a new advanced algorithm performance monitoring solution to improve algo
transparency and enhance trader productivity. The order monitoring system,
developed in collaboration with Genesis, will enhance QB's real-time management
and proactive support services for client orders globally.
"We
are thrilled about our partnership with Genesis Global. This collaboration
enables us to deliver a next-generation platform to our clients, enabling them
to efficiently and effectively achieve their goals in today's rapidly evolving
financial markets," Asset Tarabayev, the Chief Product Officer at QB,
commented.
FMA Warns against
PSLUS.COM
Investors
are urged to exercise caution when dealing with the PSLUS.COM website, which
offers investments but is not registered to provide financial services in New
Zealand. PSLUS.COM fraudulently claims to be a registered company in New
Zealand by using the Certificate of Incorporation of a legitimate New Zealand
company, PSL Enterprises Limited.
PSL
Enterprises Limited has confirmed that it has no association with this website.
As such, potential investors should be wary of engaging with this entity.
FINRA Expels Monmouth
Capital Management
FINRA, the
Financial Industry Regulatory Authority, has announced the expulsion of
Monmouth Capital Management for churning and excessively trading customer
accounts. Moreover, the company failed to supervise its representatives,
providing false and misleading disclosures to retail customers.
Between
August 2020 and February 2023, Monmouth, through six representatives,
excessively traded 110 accounts, 42 of which were also churned. This trading
resulted in customers incurring approximately $3.9 million in commissions and
trading costs, and suffering substantial losses.
NayaOne Incorporates
Bitpanda Tech
NayaOne has
integrated Bitpanda Technology Solutions into its marketplace. The NayaOne Tech
Marketplace connects financial institutions to hundreds of curated APIs, SaaS
products, and business services.
The
partnership with Bitpanda provides NayaOne users with access to Bitpanda's
exchange services, a built-in wallet for securely storing digital assets, a
trading platform with advanced charting tools, and a professional-grade API for
developers. Additional services, such as Bitpanda Savings and Bitpanda Staking, allow users to earn interest on their digital assets.
Spain Regulator Warns against Illegal Platforms
Spain's financial market regulator, the National Securities Market Commission (CNMV), has added fifteen websites to its warning list that illegally offer services within its jurisdictions. Most of these websites are operating without any license or are outright fraudsters.
"According to CNMV records, these institutions are not registered in the corresponding registry of this Commission and, therefore, are not authorized to provide investment services or other activities subject to the CNMV's supervision," the regulator noted.
These websites primarily offer risky trading instruments like margin forex and contracts for differences (CFDs).
New Zealand Flags a Financial Imposter
New Zealand's Financial Markets Authority (FMA) has flagged PSLUS.COM, calling it an imposter website of a legitimate company. The fraudulent website offers trading services with stocks, indices, and other instruments.
"Its website offers investments but is not registered to provide financial services here in New Zealand," the FMA stated. "It purports to be a registered company in New Zealand by using the Certificate of Incorporation of a legitimate New Zealand company, PSL Enterprises Limited. The director of PSL Enterprises Limited confirms it has no association with this website."
iFOREX Enhances Educational Tools
iFOREX has enhanced its service by introducing some customer-centric services, including personalized guidance from experts. The motive of the broker looks to educate novice traders who are its potential customers.
"We're thrilled to expand our educational offerings to fit the needs of our traders in Latin America. Our Spanish language support brings our clients even more options for improving their trading skills and knowledge," said Vasilis Katsikadis, a Marketing Manager at iFOREX. "Our commitment to education and support is at the heart of our mission, and we believe that providing access to top trading tools in multiple languages is an important part of that."
B3 and NASDAQ Tie to Develop Clearing Platform
B3 and Nasdaq announced their partnership to develop a new clearing platform for the Brazilian stock exchange. The upcoming platform will provide clearing, settlement, and management of counterparty risk associated with financial market transactions.
Mario Palhares, Chief Operating Officer of Electronic Trading and CCP at B3
"We are working diligently to ensure that our clients have access to the best solutions available in the market, always aiming at improving our services, increasing capacity and availability, and offering better time to market," said Mario Palhares, the Chief Operating Officer of Electronic Trading and CCP at B3.
Praxis Tech Launches Recurring Payments
Praxis Tech, a payments technology company, has broadened its offerings with the latest addition of recurring payment features. Merchants using the Praxis software will have advanced customization options with the new feature.
The company further highlighted that it brought recurring payments to capture the share in a market growing at a CAGR of 16.10 percent. On top of that, it pointed out that the subscription/recurring billing management market is expected to reach $22.77 billion by 2030.
Guy Karsenti, CTO at Praxis
"While accommodating our existing clients remains our top priority, we look into bringing our payments orchestration platform to new verticals. Recurring/subscription payments have been one of the strongest trends in online payments, and tapping into this consumer behavior on a bigger scale opens further potential for Praxis and our clients," said Praxis' CTO, Guy Karsenti.
XTB Profit Drops 24% as Gold Rally Fails to Offset Soaring Marketing Spend
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
