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Brokers

Dukascopy Posts a Record 372% Jump in 2020 Profits

  • The net profit of the group came in at CHF 10.4 million.
Friday, 30/04/2021 | 14:48 GMT by Arnab Shome
Brokers

Juno Markets Expands Offering with Addition of 10 US Share CFDs

  • The broker first launched share CFDs services last October.
Friday, 30/04/2021 | 10:29 GMT by Arnab Shome
Regulation

Apifiny Gains Broker-Dealer License from FINRA

  • The company can expand its product line under the new license.
Thursday, 29/04/2021 | 12:30 GMT by Arnab Shome
Brokers

ActivTrades Posts Record 2020 Profits, Revenue Doubles

  • The broker reported revenue of £46.5 million, which is up from 2019’s £20.6 million.
Tuesday, 27/04/2021 | 11:34 GMT by Arnab Shome
Brokers

XTB Aims to Start UAE Operation by the First Half of 2021

  • The broker is still in the process of obtaining a DFSA license.
Monday, 26/04/2021 | 12:02 GMT by Arnab Shome
Brokers

XTB Posts 121.3% QoQ Gain in Profits, Client Figures Hit Record

  • The broker added 67,231 new traders in the quarter as active clients hit 103,425.
Friday, 23/04/2021 | 17:39 GMT by Arnab Shome
Regulation

Consob Blacklist Continues, Flags 5 Illegal FX Websites

  • The regulator blocked a total of 431 financial websites from operating in the country.
Friday, 23/04/2021 | 13:04 GMT by Arnab Shome
Brokers

BUX Raises $80 Million for Expansion under New CEO

  • The neo broker's user base surpassed 500,000.
Thursday, 22/04/2021 | 12:09 GMT by Arnab Shome
Brokers

UK Government Announces New Compensation Plan for LCF Victims

  • The scheme will provide 80 percent of LCF bondholders’ initial investment up to a maximum of £68,000.
Monday, 19/04/2021 | 15:15 GMT by Arnab Shome
Brokers

FCA Stops UK Operation of CFDs Broker Finteractive Limited (FXVC)

  • The CySEC-licensed company was operating in the UK under FCA’s Temporary Permission Regime.
Friday, 16/04/2021 | 13:55 GMT by Arnab Shome
Brokers

Valutrades’ 2020 Operating Profit Jumps 1,052%

  • The revenue of the broker increased by 21 percent in the year.
Friday, 16/04/2021 | 11:02 GMT by Arnab Shome
Products

ATFX Launches New Research and Analytics Tool

  • The platform has been designed for a wide range of market participants.
Wednesday, 14/04/2021 | 17:27 GMT by Arnab Shome
Brokers

FX and CFDs Broker Acetop Posts a Loss of £519K for 2020

  • The revenue of the broker for the year went down by 62 percent.
Wednesday, 14/04/2021 | 12:01 GMT by Arnab Shome
Brokers

Exclusive: Tickmill Hits Record with March Trading Volume

  • The broker ended the month with a volume of $195.6 billion.
Tuesday, 13/04/2021 | 00:08 GMT by Arnab Shome
Brokers

Guru Capital Closes Acquisition of ETX Cyprus

  • The financials of the deal is unknown.
Monday, 12/04/2021 | 14:14 GMT by Arnab Shome
Executive Moves

Freetrade Accelerates European Expansion with 3 Key Hires

  • The company is aiming to offer direct market access to global stock markets.
Monday, 12/04/2021 | 10:58 GMT by Arnab Shome
Brokers

Exness March Trading Volume Hits Record with over $930 Billion

  • The trading volume on the platform has been showing a growth trend since last May.
Thursday, 08/04/2021 | 12:13 GMT by Arnab Shome
Brokers

IC Markets’ March 2021 Trading Volume Surpassed $1 Trillion

  • Trading volume for the first quarter remained $2.84 trillion, setting a record.
Wednesday, 07/04/2021 | 00:00 GMT by Arnab Shome
Brokers

Exclusive: ABK Holding to Acquire FX and CFDs Broker CrescoFX

  • The approval of the deal is now pending with the UK’s FCA.
Tuesday, 06/04/2021 | 17:15 GMT by Arnab Shome
Brokers

Exclusive: Trade Capital Acquires Spanish Online Broker ActivoTrade

  • The brokerage officially became a subsidiary of the group on March 25, 2021.
Tuesday, 06/04/2021 | 14:50 GMT by Arnab Shome
Brokers

Tiger Brokers Secures $90 Million from Selling Convertible Notes

  • The convertible debt instruments will mature in 2026.
Monday, 05/04/2021 | 11:18 GMT by Arnab Shome
Regulation

ASIC’s Restrictions on Retail CFDs Trading Come into Effect

  • Violators might get up to 5 years of prison time or up to AUD 55 million fine.
Monday, 29/03/2021 | 05:55 GMT by Arnab Shome
Brokers

Nick Cooke Reveals Zenfinex’s International Expansion Plan

  • The brokerage opened five international offices and applied for regulatory licenses.
Friday, 26/03/2021 | 12:43 GMT by Arnab Shome
Brokers

Tiger Brokers Earned $9.4 Million in Q4, Recovers from Losses

  • The revenue of the broker jumped 132.4 percent year-over-year in the last quarter of 2020.
Friday, 26/03/2021 | 09:26 GMT by Arnab Shome
Brokers

CMC Markets Expects Almost £400 Million in FY2021 Income

  • The brokerage has upped its income expectations twice for the ongoing financial year.
Thursday, 25/03/2021 | 08:23 GMT by Arnab Shome
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