Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
TradingView Integrates
Dhan and Bourse de Casablanca
TradingView
has announced two new integrations this week, adding Dhan to the available
brokers' list and data from the Bourse de Casablanca (CSE). The latest addition
will allow TradingView users to see the charts and trade the instrument from
the capital market of the Kingdom of Morocco.
The
Casablanca Stock Exchange, founded in 1929, stands as Africa's second-largest
stock market and has garnered recognition for its outstanding performance
within the Middle East and North Africa region.
FCA Warns against Ultimos FX
The British
FCA updated its warning list on Thursday, adding Ultimos FX. According to the
market watchdog, the company might offer financial services or products
without authorization. The FCA strongly advises against engaging with this firm and
urges caution regarding potential fraudulent activities.
Ultimos FX
operates under the ultimosfx.com website, offering "a revolutionary 100%
crypto trading platform" and suspiciously high rates of return on
automatic investments.
Citi Will Not Finalize Its
$7B Sale
After
investing 16 months in preparation, Citigroup Inc. found its plans to sell its
Banamex unit abruptly derailed due to the Mexican President, Andres Manuel Lopez
Obrador's interference.
Citigroup
and representatives from Grupo Mexico SAB, owned by German Larrea, had
diligently worked together to finalize a $7 billion deal. However, In a
surprising move that sent shockwaves through Mexico, the president expanded
state control over railroad, mining and aviation sectors. Larrea was scared that
the local banking sector might be next in line. As a result, it backed out of
the deal.
Gate.io Launches in Hong Kong
Gate Group, the operator of crypto exchange Gate.io, has entered Hong Kong with its new local crypto trading platform, Gate.HK. The launch came when the crypto exchange is preparing to apply for a digital asset license in Hong Kong.
The platform, which already started services on 23 May, offers spot trading with cryptocurrencies like Bitcoin, Ethereum, and Litecoin. It also has plans to broaden its offerings by adding services for retail and professional investors.
“In the future, the new platform will roll out various other services to provide a more extensive range of trading choices, tailoring each new product and service to meet the needs of users and the regulatory requirements in Hong Kong,” the announcement added.
IG Cautions Volatility with Turkish Elections
London-headquartered IG has released another warning on possible market volatility with the run-off voting for the Turkish presidential election to be held on next Sunday. The Turkish presidential and parliamentary elections were held last Sunday, but none of the parties could manage to receive 50 percent of the votes, resulting in the run-off elections.
“During the trading on May 14th (Sunday) before and after the Election Day, the liquidity of the Turkish lira market dropped significantly, resulting in a time period during which online trading could not be provided,” the notice said. “There is a possibility that the Turkish lira market will fluctuate suddenly depending on the trend of the election as well.”
“From the second half of this week to the first half of next week, especially in the morning of Japan time and on Monday, May 29th, we expect a sharp increase in volatility in the foreign exchange market due to election results, etc., so we will start trading as usual. Please note that there is a good chance that you will not be able to do so.”
Bitget Taps Copper’s ClearLoop
Lionel Messi-endorsed crypto exchange, Bitget has become the sixth platform to integrate Copper’s Clearloop. It will allow institutional clients of the exchange to trade with cryptocurrencies without taking them out of cold storage.
Gracy Chen, MD at Bitget
“Institutional crypto investors are primarily seeking ways to safeguard their assets and optimize trading,” Bitget’s Managing Director, Gracy Chen, said. “Bitget’s partnership with Copper exemplifies our ongoing efforts to boost confidence among institutional crypto users.”
CFI Opens Egypt Office
Credit Financial Invest (CFI), a prominent FX/CFDs broker in the Middle East, expanded its physical presence in the region with the opening of a new Egypt office.
“Unlocking new possibilities in Egypt! We celebrate today the grand opening of our extended offices, as we proudly bring our services to the vibrant land of Egypt,” the social media handle of the broker stated.
CFTC Goes after Icomtech
The US Commodity Futures Trading Commission (CFTC) has joined the country’s securities market regulator to take enforcement action against the five promoters of Icomtech, a fraudulent crypto investment scheme.
The regulator highlighted that the five defendants fraudulently siphoned hundreds of thousands of dollars from more than 170 individuals for the supposed trading of Bitcoin and other digital assets. The scheme predominantly targeted Spanish-speaking communities, offering ‘daily returns’ of between 0.9 percent to 2.8 percent and promising to double the investment in about four to eight months.
Now, the CFTC is trying to recover the victims’ investments and seeking to impose civil penalties on the five defendants, along with permanent trading and registration bans and injunction.
TradingView Integrates
Dhan and Bourse de Casablanca
TradingView
has announced two new integrations this week, adding Dhan to the available
brokers' list and data from the Bourse de Casablanca (CSE). The latest addition
will allow TradingView users to see the charts and trade the instrument from
the capital market of the Kingdom of Morocco.
The
Casablanca Stock Exchange, founded in 1929, stands as Africa's second-largest
stock market and has garnered recognition for its outstanding performance
within the Middle East and North Africa region.
FCA Warns against Ultimos FX
The British
FCA updated its warning list on Thursday, adding Ultimos FX. According to the
market watchdog, the company might offer financial services or products
without authorization. The FCA strongly advises against engaging with this firm and
urges caution regarding potential fraudulent activities.
Ultimos FX
operates under the ultimosfx.com website, offering "a revolutionary 100%
crypto trading platform" and suspiciously high rates of return on
automatic investments.
Citi Will Not Finalize Its
$7B Sale
After
investing 16 months in preparation, Citigroup Inc. found its plans to sell its
Banamex unit abruptly derailed due to the Mexican President, Andres Manuel Lopez
Obrador's interference.
Citigroup
and representatives from Grupo Mexico SAB, owned by German Larrea, had
diligently worked together to finalize a $7 billion deal. However, In a
surprising move that sent shockwaves through Mexico, the president expanded
state control over railroad, mining and aviation sectors. Larrea was scared that
the local banking sector might be next in line. As a result, it backed out of
the deal.
Gate.io Launches in Hong Kong
Gate Group, the operator of crypto exchange Gate.io, has entered Hong Kong with its new local crypto trading platform, Gate.HK. The launch came when the crypto exchange is preparing to apply for a digital asset license in Hong Kong.
The platform, which already started services on 23 May, offers spot trading with cryptocurrencies like Bitcoin, Ethereum, and Litecoin. It also has plans to broaden its offerings by adding services for retail and professional investors.
“In the future, the new platform will roll out various other services to provide a more extensive range of trading choices, tailoring each new product and service to meet the needs of users and the regulatory requirements in Hong Kong,” the announcement added.
IG Cautions Volatility with Turkish Elections
London-headquartered IG has released another warning on possible market volatility with the run-off voting for the Turkish presidential election to be held on next Sunday. The Turkish presidential and parliamentary elections were held last Sunday, but none of the parties could manage to receive 50 percent of the votes, resulting in the run-off elections.
“During the trading on May 14th (Sunday) before and after the Election Day, the liquidity of the Turkish lira market dropped significantly, resulting in a time period during which online trading could not be provided,” the notice said. “There is a possibility that the Turkish lira market will fluctuate suddenly depending on the trend of the election as well.”
“From the second half of this week to the first half of next week, especially in the morning of Japan time and on Monday, May 29th, we expect a sharp increase in volatility in the foreign exchange market due to election results, etc., so we will start trading as usual. Please note that there is a good chance that you will not be able to do so.”
Bitget Taps Copper’s ClearLoop
Lionel Messi-endorsed crypto exchange, Bitget has become the sixth platform to integrate Copper’s Clearloop. It will allow institutional clients of the exchange to trade with cryptocurrencies without taking them out of cold storage.
Gracy Chen, MD at Bitget
“Institutional crypto investors are primarily seeking ways to safeguard their assets and optimize trading,” Bitget’s Managing Director, Gracy Chen, said. “Bitget’s partnership with Copper exemplifies our ongoing efforts to boost confidence among institutional crypto users.”
CFI Opens Egypt Office
Credit Financial Invest (CFI), a prominent FX/CFDs broker in the Middle East, expanded its physical presence in the region with the opening of a new Egypt office.
“Unlocking new possibilities in Egypt! We celebrate today the grand opening of our extended offices, as we proudly bring our services to the vibrant land of Egypt,” the social media handle of the broker stated.
CFTC Goes after Icomtech
The US Commodity Futures Trading Commission (CFTC) has joined the country’s securities market regulator to take enforcement action against the five promoters of Icomtech, a fraudulent crypto investment scheme.
The regulator highlighted that the five defendants fraudulently siphoned hundreds of thousands of dollars from more than 170 individuals for the supposed trading of Bitcoin and other digital assets. The scheme predominantly targeted Spanish-speaking communities, offering ‘daily returns’ of between 0.9 percent to 2.8 percent and promising to double the investment in about four to eight months.
Now, the CFTC is trying to recover the victims’ investments and seeking to impose civil penalties on the five defendants, along with permanent trading and registration bans and injunction.
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
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
