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Rostro Group Acquires FX and CFDs Broker Scope Markets

  • The financial terms of the deal were not disclosed.
  • Talks on the deal started in 2021.
Monday, 28/02/2022 | 11:10 GMT by Arnab Shome
Brokers

Tiger Brokers Enters Australia with Online Brokerage Services

  • It has launched its proprietary trading platform Tiger Trade.
  • It is targeting millennials with the new services.
Monday, 28/02/2022 | 06:49 GMT by Arnab Shome
Brokers

Trading.com Launches FX Trading Services in the United States

  • The platform gained the necessary US approval in 2020.
  • The brand was first launched in the UK in 2019.
Thursday, 24/02/2022 | 12:57 GMT by Arnab Shome
Brokers

Trading 212 Sees 318% Rise in 2020 Revenue, Seeks German License

  • It witnessed a windfall in the year from the retail demand for stockbroking.
  • It has gained a CySEC license last year.
Thursday, 24/02/2022 | 11:02 GMT by Arnab Shome
CryptoCurrency

SFOX Executes and Clears First-Ever Multi-Dealer Crypto NDF Contract

  • Traditional banks do not use spot crypto due to risks such as volatility.
  • This financial contract now gives such clients exposure to the underlying asset.
Thursday, 24/02/2022 | 07:30 GMT by Nicholas Otieno
Brokers

Plus500 Sees 75% Jump in Q4 2021 Revenue, Kicks Off $55M Share Buyback

  • The broker closed the final quarter of 2021 with excellent figures.
  • Overall yearly figures also doubled from the pre-pandemic levels.
Tuesday, 15/02/2022 | 07:53 GMT by Arnab Shome
Brokers

Plus500 Gains a New Regulatory License in Estonia

  • It will allow the broker to operate as an investment firm.
  • Sigrid Aljas is the CEO of the Estonian entity.
Monday, 14/02/2022 | 07:41 GMT by Arnab Shome
Brokers

ThinkMarkets Secures $30 Million Funding for Expansion

  • The broker has a presence across many jurisdictions.
  • The investment was made by Mars Growth, a joint venture fund of Liquidity Group and MUFG.
Friday, 11/02/2022 | 08:44 GMT by Arnab Shome
Brokers

FCA Orders Freetrade to Pull Down ‘Misleading’ Social Media Promotions

  • The trading platform is running promotional campaigns across social media platforms.
  • It has been ordered to remove all promotional campaigns on social media.
Thursday, 10/02/2022 | 13:18 GMT by Arnab Shome
Products

CFI Financial Sweetens Offering with over 250 New Crypto CFDs

  • It is offering both leveraged and non-leveraged products.
  • The company is now offering more than 11,000 trading instruments.
Wednesday, 09/02/2022 | 10:39 GMT by Arnab Shome
Brokers

Capital.com Reports 350% Rise in 2021 Client Numbers

  • It ended the year with 4.23 million total registered users.
  • The company is now expanding its services in international markets.
Wednesday, 09/02/2022 | 07:00 GMT by Arnab Shome
Brokers

ThinkMarkets to Increase Margin on Share CFDs Due to Volatility

  • The new margin rules will be effective from Wednesday.
  • It urged traders to capitalize their accounts to avoid margin calls.
Tuesday, 08/02/2022 | 13:56 GMT by Arnab Shome
Brokers

TradeStation Opened 21,052 New Accounts in January, 218% YoY Jump

  • There was significant demand for the platform’s cryptocurrency services.
  • It will soon go public.
Tuesday, 08/02/2022 | 08:10 GMT by Arnab Shome
Brokers

StoneX Reports 21% Gain in Q1 FY2022 FX and CFDs Revenue

  • The company took some losses due to currency risks.
  • Its overall net profit came in at $41.7 million.
Tuesday, 08/02/2022 | 06:50 GMT by Arnab Shome
Brokers

Saxo Bank Sees 21% MoM Jump in January Trading Volumes

  • FX demand recovered from the December dip, but remained lower year-over-year.
  • Equities trading touched a record high.
Thursday, 03/02/2022 | 11:18 GMT by Arnab Shome
Brokers

SquaredFinancial Enhances Global Presence, Opens New American Crypto Office

  • The broker has launched US digital asset operations to increase its offering.
  • The company has also appointed Daniel Skowronski as its new digital asset CEO.
Thursday, 03/02/2022 | 09:59 GMT by Bilal Jafar
Brokers

Spectrum Markets Reports 93% Rise in 2021 Turnover

  • In 2021, the platform generated €1.35 billion in revenue.
  • Trading volume also skyrocketed, jumping 96 percent.
Thursday, 03/02/2022 | 09:15 GMT by Arnab Shome
Technology

Arab Capital Markets Announces Partnership with Takeprofit Tech

  • The broker has collaborated to offer its clients passive investment opportunities.
  • The company has implemented Takeprofit EasyMAM to engage its traders.
Wednesday, 02/02/2022 | 12:40 GMT by Bilal Jafar
Brokers

Interactive Brokers Sees 18% MoM Increase in January DARTs

  • The figure, however, went down by 20 percent year-over-year.
  • It ended the quarter with 1.73 million client accounts.
Wednesday, 02/02/2022 | 07:56 GMT by Arnab Shome
Brokers

XTB Reports 69% Jump in Q4 Profits, CFDs Volume Improved

  • However, profits for the entire year went down 40.7 percent.
  • The client numbers also improved significantly.
Wednesday, 02/02/2022 | 06:46 GMT by Arnab Shome
Brokers

CLSA Premium Faces Another Wind Up Request

  • The company faced two such requests in the past couple of years.
  • KVB Holdings moved all of these requests.
Monday, 31/01/2022 | 11:24 GMT by Arnab Shome
Brokers

HotForex Gains Regulatory License in Kenya

  • The broker is also regulated in South Africa, Cyprus, and a few other jurisdictions.
  • It has become one of the very few regulated brokers in Kenya.
Wednesday, 26/01/2022 | 13:19 GMT by Arnab Shome
Brokers

USGFX Administrator Receives AU$357 Million in Creditors Claims

  • Only AU$8 million in broker’s funds are currently available.
  • The administrator is now attempting to recover the offshore assets of the broker.
Tuesday, 25/01/2022 | 11:56 GMT by Arnab Shome
Brokers

Swissquote Sees Another Record Year as 2021 Profits Jump 111%

  • The net revenue of the company came in at CHF 472 million.
  • The record figures came higher than the company’s yearly guidance.
Thursday, 13/01/2022 | 06:55 GMT by Arnab Shome
Brokers

LiteFinance Faces Technical Issues in Company Servers

  • According to the company, the server hardware provider faced a global technical failure.
  • MT4 trading servers have been successfully restarted.
Tuesday, 11/01/2022 | 13:02 GMT by Bilal Jafar
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