FinesseFX is based in Melbourne and is regulated by ASIC.
Traders on MyFlashFunding are complaining that the FinesseFX’s spreads are too wide.
The unnamed “ASIC-regulated broker” MyFlashFunding partnered with is FinesseFX, Finance Magnates has learned. Traders active on the prop trading firm's Discord server have confirmed that it is now offering them the option them to migrate to its MetaTrader 5 trading platform.
An ASIC-Regulated Broker
FinesseFX is headquartered in Melbourne and is regulated by the Australian Securities and Exchange Commission (ASIC). However, it is a lesser-known broker when it comes to the other names offering services to prop trading firms. It is unclear if FinesseFX holds any additional offshore licenses.
FinesseFX's ASIC registration
The FinesseFX website stated: “It is authorized to perform financial services to wholesale clients only.” It further highlighted that it is “not directed at and do not intend to elicit citizens and/or residents of the USA.”
Earlier, MyFlashFunding offered MetaTrader under ThinkMarkets, another Australia-regulated broker ending contracts with prop trading firms. However, now, many traders on MyFlashFunding are pointing out that the spreads offered by FinesseFX are too wide compared to the previous offering of ThinkMarkets.
Did the Prop Firm Move Its Base?
MyFlashFunding is now showing on its website that it is registered in Dubai. Only a couple of days earlier, the prop firm was showing to be registered in Missouri, the United States. The prop firm did not notify anything publicly about its change of business registration. The platform was founded by Blake Carter and is run by him as the Chief Executive Officer.
The MyFlashFunding website shows it offers up to $200,000 in funded trading accounts. However, it highlights that the trading is done in simulated environments. It claims to have more than 10,000 active traders. On its official Discord server, it has over 28,400 members, with over 32,500 followers on X (formerly Twitter).
The prop trading firm announced its new brokerage partnership earlier this week. However, it did not reveal the name of its brokerage partner then. Furthermore, it confirmed that the MT5 offerings under the new broker will be only for non-US clients while offering services to its US customers, it is in the process of integrating the Match-Trade trading platform.
“To our MyFlashFunding clients in the US, rest assured, we have plans tailored just for you. We're in the final stages of integrating Match-Trade!" the CEO of the prop trading platform wrote in an earlier notice.
The unnamed “ASIC-regulated broker” MyFlashFunding partnered with is FinesseFX, Finance Magnates has learned. Traders active on the prop trading firm's Discord server have confirmed that it is now offering them the option them to migrate to its MetaTrader 5 trading platform.
An ASIC-Regulated Broker
FinesseFX is headquartered in Melbourne and is regulated by the Australian Securities and Exchange Commission (ASIC). However, it is a lesser-known broker when it comes to the other names offering services to prop trading firms. It is unclear if FinesseFX holds any additional offshore licenses.
FinesseFX's ASIC registration
The FinesseFX website stated: “It is authorized to perform financial services to wholesale clients only.” It further highlighted that it is “not directed at and do not intend to elicit citizens and/or residents of the USA.”
Earlier, MyFlashFunding offered MetaTrader under ThinkMarkets, another Australia-regulated broker ending contracts with prop trading firms. However, now, many traders on MyFlashFunding are pointing out that the spreads offered by FinesseFX are too wide compared to the previous offering of ThinkMarkets.
Did the Prop Firm Move Its Base?
MyFlashFunding is now showing on its website that it is registered in Dubai. Only a couple of days earlier, the prop firm was showing to be registered in Missouri, the United States. The prop firm did not notify anything publicly about its change of business registration. The platform was founded by Blake Carter and is run by him as the Chief Executive Officer.
The MyFlashFunding website shows it offers up to $200,000 in funded trading accounts. However, it highlights that the trading is done in simulated environments. It claims to have more than 10,000 active traders. On its official Discord server, it has over 28,400 members, with over 32,500 followers on X (formerly Twitter).
The prop trading firm announced its new brokerage partnership earlier this week. However, it did not reveal the name of its brokerage partner then. Furthermore, it confirmed that the MT5 offerings under the new broker will be only for non-US clients while offering services to its US customers, it is in the process of integrating the Match-Trade trading platform.
“To our MyFlashFunding clients in the US, rest assured, we have plans tailored just for you. We're in the final stages of integrating Match-Trade!" the CEO of the prop trading platform wrote in an earlier notice.
Arnab Shome is an electronics engineer-turned-financial editor. He holds a Bachelor of Technology from the National Institute of Technology, Agartala. He entered the retail trading industry about a decade ago, covering the cryptocurrency market for Finance Magnates, and later expanded his coverage to include forex and CFDs as well.
His work at Finance Magnates includes C-level interviews, data-driven analysis, opinion pieces, and scoops of industry exclusives. He also contributes to Finance Magnates’ quarterly industry report.
Area of coverage:
1. CFD broker-related news
2. Industry-related Regulatory updates and developments
3. New retail trading trends
4. Prop trading industry updates
5. Executive interviews
Education:
Bachelor of Technology - National Institute of Technology, Agartala (India)
90% Adoption: How AI Is Reshaping French Investment Firms
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
