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Exness Ends December 2021 with $1.24 Trillion in Trading Volume

  • The broker first touched the $1 trillion mark in October.
  • Demand on the platform spiked by 84 percent year-over-year.
Tuesday, 11/01/2022 | 07:31 GMT by Arnab Shome
Brokers

Plus500 Expects 74% YoY Jump in Q4 2021 Revenue

  • The retail broker is expecting to generate $160 million in the final quarter of the year.
  • Annual EBITDA is expected to be around $387 million.
Monday, 10/01/2022 | 08:28 GMT by Arnab Shome
Brokers

ACY Securities Enhances Offering, Increases Share CFDs for MT5 Traders

  • Clients will be able to access more than 200 new share CFDs.
  • The company aims to facilitate its clients with a wide range of financial products.
Friday, 07/01/2022 | 08:40 GMT by Bilal Jafar
Brokers

German Broker flatexDEGIRO Sees 55% Jump in 2021 Client Accounts

  • The broker ended the year with 2.06 million customer accounts.
  • It is expecting to end the year with this between 2.7 million and 2.9 million accounts.
Thursday, 06/01/2022 | 08:36 GMT by Arnab Shome
Technology

Trading Technologies Announces $6.35 Million Investment in KRM22

  • The company entered into a distribution agreement for risk management products.
  • 7RIDGE recently completely the acquisition of Trading Technologies.
Thursday, 06/01/2022 | 08:14 GMT by Bilal Jafar
Brokers

Saxo Sees Dip in December FX Demand, Equities Soars 49%

  • FX demand for the month turned out to be the lowest in 2021.
  • Equities trading jumped by 153.8 percent year-over-year.
Wednesday, 05/01/2022 | 11:15 GMT by Arnab Shome
Brokers

Samtrade FX Stops All Services amid Singapore Investigation

  • The trading platform has stopped withdrawals.
  • It has requested to put the entities under judicial management.
Tuesday, 04/01/2022 | 11:53 GMT by Arnab Shome
Retail FX

Samtrade FX Faces Probe in Singapore, 3 Men Arrested

  • The trading platform is allegedly offering unlicensed trading services in the country.
  • The authorities are investigating the parent and the two Singapore entities.
Monday, 03/01/2022 | 13:24 GMT by Arnab Shome
Brokers

BUX Introduces Fractional Investing in Europe

  • Fractional investing allows clients to purchase a fraction of the shares.
  • The launch will facilitate customers in portfolio diversification.
Monday, 03/01/2022 | 11:27 GMT by Bilal Jafar
Brokers

Hantec Markets Posts 36% Jump in FY20 Revenue, Turns Profits

  • The broker posted the numbers for 18 months, instead of 12 months.
  • It pulled itself out of losses and turned healthy profits for the period.
Monday, 03/01/2022 | 10:10 GMT by Arnab Shome
Brokers

24option Operator Faces €15K Fine in the Netherlands

  • The company did not cooperate with an investigation by the Dutch regulator.
  • The fine was kept on the lower side because of the firm’s financial condition.
Wednesday, 29/12/2021 | 13:08 GMT by Arnab Shome
Brokers

German Broker FXFlat Expands into France

  • The broker was founded in 1997.
  • FXFlat is also operating in the Netherlands.
Friday, 24/12/2021 | 08:23 GMT by Arnab Shome
Regulation

Futu, UP Fintech Face Uncertainty as China Mulls Online Brokers Ban

  • Both Futu’s and UP Fintech’s businesses are centered around clients from mainland China.
  • They allow mainland China investors to invest in foreign stocks.
Friday, 17/12/2021 | 13:01 GMT by Arnab Shome
Brokers

eToro Might Have to Push SPAC Merger Deadline Again: Report

  • The broker is targeting to close its SPAC merger by Q4 of 2021.
  • It is eying to a valuation of $10.3 billion after the merger.
Monday, 13/12/2021 | 12:23 GMT by Arnab Shome
Regulation

New Zealand’s FMA Lifts License Suspension on AxiCorp (Axi)

  • The broker’s license was suspended in June 2019.
Thursday, 09/12/2021 | 08:07 GMT by Arnab Shome
Brokers

City Index Signs 3 Years Sponsorship Deal with Sydney Roosters

  • The broker will sponsor both men and women teams of the rugby club.
Tuesday, 07/12/2021 | 08:18 GMT by Arnab Shome
Brokers

Tennis Champion Maria Sharapova Invests in Public.Com

  • Maria Sharapova will work with Public.com on initiatives to benefit its communities.
Tuesday, 07/12/2021 | 06:12 GMT by Finance Magnates Staff
Brokers

Saxo Bank Sees 12.2% Dip in November FX Volumes

  • Trading demand declined across all asset classes offered by the Danish broker.
Monday, 06/12/2021 | 10:25 GMT by Arnab Shome
Thought Leaders

Sheer Markets Expands to Global Markets with New License

  • Amazing new opportunities for traders and investors worldwide.
Monday, 06/12/2021 | 09:24 GMT by Sheer Markets
Executive Moves

Exclusive: Ziad Melhem Resigns as Amana Capital's Business Development Chief

  • He is parting from the broker after having spent 8 years with the organisation.
Monday, 06/12/2021 | 07:14 GMT by Arnab Shome
Brokers

UP Fintech Posts 59.6% Yearly Revenue Gain in Q3

  • The total revenue for Q3 came in at $60.8 million, which slightly improved on the previous quarter.
Tuesday, 30/11/2021 | 07:47 GMT by Arnab Shome
Institutional FX

StoneX Group’s Quarterly Operating Revenues Jump 14%

  • The annual net income came in at $116.3 million.
Tuesday, 30/11/2021 | 05:58 GMT by Bilal Jafar
Brokers

Ontario OSC Adds Status Markets to Its Warning List

  • Status Markets is the most recent broker to be added to the OSC warning list.
Monday, 29/11/2021 | 19:32 GMT by Felipe Erazo
Brokers

Britain’s AJ Bell Will Launch a Zero-Fee Investment App

  • The new platform will hit the market in the first half of 2022.
Monday, 29/11/2021 | 11:38 GMT by Arnab Shome
Brokers

Fortrade Sees 576% Jump in FY20 Net Profit

  • The massive jump in profits was fueled by a higher turnover.
Monday, 29/11/2021 | 06:24 GMT by Arnab Shome
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