Also, South Korean FSS investigating CFDs sales; and new BDSwiss executive.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
UK Regulator Raises Alarm
on Clone of LCG
On Wednesday, the Financial Conduct Authority
(FCA) warned investors against a clone of London Capital
Group (LCG), an authorized spread betting and CFD trading provider. The British
watchdog said the clone has been contacting British citizens, pretending
to have requisite permission.
According to the FCA, the scam
platform operates the websites: www.cintra.group/, www.londoncapitalgroup.pro and www.cint.pro/. However, the website of the authorized firm is www.lcg.com.
“Scammers may give out other
false details, including email addresses, telephone numbers, postal addresses
and Firm Reference Numbers,” the British watchdog noted, explaining how such
illegal trading platforms operate. “They may mix these details with the genuine
details of authorised firms. They may also change their contact details over
time,” it added.
Spectrum Markets Onboards
UniCredit Bank
Spectrum Markets, a
Germany-based securitized derivatives trading provider, has added UniCredit
Bank AG as its new member. The firm is the German subsidiary of UniCredit
Group, a top European commercial bank.
“This new membership will see a
mix of short and longer-term instruments listed on Spectrum Markets,” Nicky
Maan, Spectrum Markets’ Chief Executive Officer, said in a LinkedIn post,
adding that he expects the bank’s “credibility and expertise” will make for
great partnership when combined with his company's "innovation mindset.”
“The pan-European bank will
initially list a series of constant leverage warrants and covered warrant
products, making these available to retail investors across Europe via their
broker or bank,” Spectrum Markets explained in a statement.
BlackBull Markets Adds DXtrade Trading Platform
BlackBull Markets, a New Zealand-based retail broker, has launched its new FX and CFD trading platform BlackBull Trade based on Devexperts' DXtrade trading platform. It is a BlackBull Trade based on DXtrade CFD, which is Devexperts' turnkey FX, CFD, and crypto trading platform.
BlackBull Trade can be accessed on the web and on mobile, Android and iOS.
"Our trading platform can serve clients all over the world, it is in line with all regulations and takes into account different trading styles," said Jon Light, Devexperts' Director of the OTC Platform. "We hope BlackBull clients will appreciate everything this new platform can offer and will truly enjoy their trading experience."
Blackbull Trade
CFDs Sales of Kiwoom Securities Is Under Investigation
South Korea's top financial market regulator, the Financial Supervisory Service (FSS), is investigating Kiwoom Securities to establish if the company was engaged in unfair sales of contracts for differences (CFDs).
The investigation is a part of broader scrutiny as the regulator is looking into a stock manipulation scandal that incurred a loss of around 8 trillion won (about $6 billion) in four days last month. In addition, the FSS is planning to investigate other securities firms.
BDSwiss Onboards New MENA Business Development Head
Hassan Ibrahim, Head of Business Development MENA at BDSwiss
FX/CFDs broker, BDSwiss has hired Hassan Ibrahim as the new Middle East and North Africa (MENA) Head of Business Development, who will play a key role in the broker's expansion in the region.
He will be responsible for developing and strengthening relationships with clients and partners of BDSwiss in the GCC region. Moreover, he will create and execute plans to grow the business.
"The MENA region presents immense opportunities, and I am confident that with BDSwiss' already strong brand and expertise, we will continue to thrive in the region," Ibrahim said.
Gate.io Gains Italy License
An Italian entity of cryptocurrency exchange Gate Group has obtained a Virtual Asset Service Provider (VASP) from the local regulatory agency Organismo Agenti e Mediatori (OAM).
The new license will allow the company to offer several cryptocurrency services in Italy, including fiat-crypto and crypto-crypto exchanges, digital asset transfer and clearing services, wallets, and a few others.
"This is an important milestone for Gate Group to enter the European market and is also a remarkable achievement of our compliance-centric global expansion," said Dr Han Lin, the Founder and CEO of Gate Group. "Gate Group will follow stricter regulatory standards that further protect the security of user assets and strengthen our compliance capabilities."
HKEX Names Data and Analytics Co-Head
Patrick Khong, Managing Director and Co-Head of Data and Analytics at HKEX
On Wednesday, Hong Kong Exchange & Clearing Limited (HKEX) announced the appointment of Patrick Khong as the Managing Director and Co-Head of Data and Analytics. He joined the firm from Hang Seng Bank and previously worked at HSBC.
In the new role, Khong will drive HKEX's data management strategy and oversee its data governance and design. Further, he will work on the delivery of data and analytics technology initiatives.
"His experience will be invaluable to us as we continuously look to strengthen our data infrastructure, drive operational efficiency, innovate to deliver greater opportunity for HKEX and our customers and execute on our strategy to connect today with tomorrow," said Richard Leung, HKEX Group's Chief Technology Officer.
UK Regulator Raises Alarm
on Clone of LCG
On Wednesday, the Financial Conduct Authority
(FCA) warned investors against a clone of London Capital
Group (LCG), an authorized spread betting and CFD trading provider. The British
watchdog said the clone has been contacting British citizens, pretending
to have requisite permission.
According to the FCA, the scam
platform operates the websites: www.cintra.group/, www.londoncapitalgroup.pro and www.cint.pro/. However, the website of the authorized firm is www.lcg.com.
“Scammers may give out other
false details, including email addresses, telephone numbers, postal addresses
and Firm Reference Numbers,” the British watchdog noted, explaining how such
illegal trading platforms operate. “They may mix these details with the genuine
details of authorised firms. They may also change their contact details over
time,” it added.
Spectrum Markets Onboards
UniCredit Bank
Spectrum Markets, a
Germany-based securitized derivatives trading provider, has added UniCredit
Bank AG as its new member. The firm is the German subsidiary of UniCredit
Group, a top European commercial bank.
“This new membership will see a
mix of short and longer-term instruments listed on Spectrum Markets,” Nicky
Maan, Spectrum Markets’ Chief Executive Officer, said in a LinkedIn post,
adding that he expects the bank’s “credibility and expertise” will make for
great partnership when combined with his company's "innovation mindset.”
“The pan-European bank will
initially list a series of constant leverage warrants and covered warrant
products, making these available to retail investors across Europe via their
broker or bank,” Spectrum Markets explained in a statement.
BlackBull Markets Adds DXtrade Trading Platform
BlackBull Markets, a New Zealand-based retail broker, has launched its new FX and CFD trading platform BlackBull Trade based on Devexperts' DXtrade trading platform. It is a BlackBull Trade based on DXtrade CFD, which is Devexperts' turnkey FX, CFD, and crypto trading platform.
BlackBull Trade can be accessed on the web and on mobile, Android and iOS.
"Our trading platform can serve clients all over the world, it is in line with all regulations and takes into account different trading styles," said Jon Light, Devexperts' Director of the OTC Platform. "We hope BlackBull clients will appreciate everything this new platform can offer and will truly enjoy their trading experience."
Blackbull Trade
CFDs Sales of Kiwoom Securities Is Under Investigation
South Korea's top financial market regulator, the Financial Supervisory Service (FSS), is investigating Kiwoom Securities to establish if the company was engaged in unfair sales of contracts for differences (CFDs).
The investigation is a part of broader scrutiny as the regulator is looking into a stock manipulation scandal that incurred a loss of around 8 trillion won (about $6 billion) in four days last month. In addition, the FSS is planning to investigate other securities firms.
BDSwiss Onboards New MENA Business Development Head
Hassan Ibrahim, Head of Business Development MENA at BDSwiss
FX/CFDs broker, BDSwiss has hired Hassan Ibrahim as the new Middle East and North Africa (MENA) Head of Business Development, who will play a key role in the broker's expansion in the region.
He will be responsible for developing and strengthening relationships with clients and partners of BDSwiss in the GCC region. Moreover, he will create and execute plans to grow the business.
"The MENA region presents immense opportunities, and I am confident that with BDSwiss' already strong brand and expertise, we will continue to thrive in the region," Ibrahim said.
Gate.io Gains Italy License
An Italian entity of cryptocurrency exchange Gate Group has obtained a Virtual Asset Service Provider (VASP) from the local regulatory agency Organismo Agenti e Mediatori (OAM).
The new license will allow the company to offer several cryptocurrency services in Italy, including fiat-crypto and crypto-crypto exchanges, digital asset transfer and clearing services, wallets, and a few others.
"This is an important milestone for Gate Group to enter the European market and is also a remarkable achievement of our compliance-centric global expansion," said Dr Han Lin, the Founder and CEO of Gate Group. "Gate Group will follow stricter regulatory standards that further protect the security of user assets and strengthen our compliance capabilities."
HKEX Names Data and Analytics Co-Head
Patrick Khong, Managing Director and Co-Head of Data and Analytics at HKEX
On Wednesday, Hong Kong Exchange & Clearing Limited (HKEX) announced the appointment of Patrick Khong as the Managing Director and Co-Head of Data and Analytics. He joined the firm from Hang Seng Bank and previously worked at HSBC.
In the new role, Khong will drive HKEX's data management strategy and oversee its data governance and design. Further, he will work on the delivery of data and analytics technology initiatives.
"His experience will be invaluable to us as we continuously look to strengthen our data infrastructure, drive operational efficiency, innovate to deliver greater opportunity for HKEX and our customers and execute on our strategy to connect today with tomorrow," said Richard Leung, HKEX Group's Chief Technology Officer.
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
