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Axi Inks Sponsorship Deal with Brazilian Football Club Bahia

  • City Football Group, which owns Manchester City, recently acquired 90 percent of Bahia.
  • Axi is already sponsoring Manchester City.
Monday, 08/05/2023 | 05:23 GMT by Arnab Shome
Brokers

IronFX UK Sees 2022 Profit Rise despite Fall in Revenue

  • The UK entity ended the year by netting $83,121.
  • The number only shows IronFX's performance in the UK.
Friday, 05/05/2023 | 07:48 GMT by Arnab Shome
Retail FX

Aussie Firms Should Meet Design and Distribution Obligations: ASIC

  • The Aussie regulator brought the DDO rules in October 2021.
  • It has issued several stop orders for violation of such obligations.
Wednesday, 03/05/2023 | 07:11 GMT by Arnab Shome
Retail FX

Plus500 Continues 'Strong Performance in FY 2023'

  • The company generated a revenue of $207.9 million in Q1.
  • It continues to buy back its shares from the open market.
Tuesday, 02/05/2023 | 07:17 GMT by Arnab Shome
Retail FX

XTB Breaks Another Profit Record in Q1 2023, Acquires over 100,000 Clients

  • Broker's client base rose 46.1% in a year to 703,900.
  • After a weaker Q4, the last quarter brought all-time high numbers.
Wednesday, 26/04/2023 | 17:20 GMT by Damian Chmiel
Retail FX

'Surf Smart, Trade Smart': Capital.com Sponsors Top Kiteboarder

  • Carew's team has been rebranded as Capital.com Ocean Adventure team.
  • The team will receive surfing equipment from the broker.
Friday, 21/04/2023 | 08:22 GMT by Arnab Shome
Brokers

Plus500 Ends Q1 with a 64% QoQ Revenue Rise

  • The figures slipped year-over-year but came in line with market expectations.
  • Its EBITDA for the quarter came in at $100.9 million.
Wednesday, 19/04/2023 | 07:20 GMT by Arnab Shome
Executives

Darwinex Zero 'Belongs Outside Any Regulated Perimeter', says CEO

  • The subscription-based model does not take client funds.
  • It is available globally, inducing the US and Japan.
Tuesday, 18/04/2023 | 10:14 GMT by Arnab Shome
Brokers

Acetop UK Reduces 2022 Losses as Revenue Jumps 6%

  • The losses of the company declined 51.3 percent.
  • The management is planning for further capital injection in 2023.
Tuesday, 18/04/2023 | 06:33 GMT by Arnab Shome
Brokers

FX/CFDs Broker Kohle Capital Markets Rebrands to KCM Trade

  • The rebranding came as the broker eyes Southeast Asian expansion.
  • It will open offices in Vietnam, Indonesia, and the Philippines.
Monday, 17/04/2023 | 05:22 GMT by Arnab Shome
Retail FX

Exness' March Trading Volume Touches $3.88T Setting Another Record

  • The trading volume surpassed $3 trillion for the first time in February.
  • It ended the month with a record number of active traders.
Thursday, 13/04/2023 | 06:34 GMT by Arnab Shome
Brokers

SVS Saga Ends as the Collapsed Broker Enters Dissolution

  • The broker was placed under special administration in August 2019.
  • Over 99 percent of SVS clients were transferred to ITI Capital.
Friday, 31/03/2023 | 11:20 GMT by Arnab Shome
Brokers

Futu Maintains Profit Growth in Q4 despite Trading Volume Decline

  • Its net income for the quarter increased by 92.2 percent.
  • It earned $134.4 million from brokerage commissions and handling charge income.
Tuesday, 28/03/2023 | 09:43 GMT by Arnab Shome
Retail FX

Exclusive: Tixee Appears to Close Shop

  • The FX/CFDs broker suspended new registrations.
  • Finance Magnates could not reach its '24/5 available' customer support.
Monday, 27/03/2023 | 12:12 GMT by Arnab Shome
Retail FX

CySEC Crosses Three Brokers off the Investor Compensation Fund

  • Companies had previously surrendered their CIF licenses.
  • The clients still have the opportunity to apply for potential compensation.
Monday, 20/03/2023 | 10:02 GMT by Damian Chmiel
Retail FX

FX/CFDs Broker OGM Ends FY22 with Profits despite Revenue Dip

  • Pre-tax profits for the fiscal year came in at £32,881.
  • The revenue drop was triggered by a declining trading volume.
Friday, 17/03/2023 | 07:12 GMT by Arnab Shome
Brokers

Swissquote Sees 19% Net Profit Decline in 2022, Bullish with 2023 Outlook

  • The net trading income on the platform decreased by 23.8 percent.
  • However, the company gained from interest income.
Thursday, 16/03/2023 | 08:06 GMT by Arnab Shome
Brokers

IG Closes Q3 with 18% OTC Derivatives Revenue Drop

  • Active clients of IG’s OTC products dropped by 8 percent.
  • The group is expecting to meet market expectations with FY23 revenue and profits.
Wednesday, 15/03/2023 | 07:55 GMT by Arnab Shome
Retail FX

Darwinex Eyes Novice Traders with Paid Subscription Model

  • Darwinex Zero will be available in mid-April.
  • It will onboard traders globally without any jurisdictional restrictions.
Tuesday, 14/03/2023 | 09:13 GMT by Arnab Shome
Retail FX

Exclusive: Exness Sets Record in February as Trading Volume Hits $3 Trillion

  • It maintained trading volume above $2 trillion for 11 months before crossing the $3 trillion mark.
  • Year-over-year, trading volume on the platform doubled.
Friday, 10/03/2023 | 05:42 GMT by Arnab Shome
Brokers

The New Wave of Digital Brokers: The Good, the Bad, and the Ugly

  • A deep dive into digital brokers.
Friday, 03/03/2023 | 15:17 GMT by FM Contributors
Brokers

Admirals Ends 2022 with Record Revenue despite Poor H2

  • The broker ended the year's second half with a net loss of €0.5 million.
  • It added 16,113 new clients in 2022.
Wednesday, 01/03/2023 | 06:57 GMT by Arnab Shome
Brokers

Exness Eyes Latam Expansion with New Uruguay Office

  • The broker will run customer services operations from the Uruguay office.
  • The new office expects to add approximately 100 employees by the end of the year.
Monday, 27/02/2023 | 06:12 GMT by Arnab Shome
Retail FX

Exclusive: OvalX (Formerly ETX Capital) Is Officially Shutting Down

  • OvalX will close its doors on 17 March.
  • It has already sold the client book to Capital.com.
Thursday, 23/02/2023 | 10:50 GMT by Arnab Shome
Executives

Buzz Dealer CEO Talks about New Cyprus Office, Brokerage Marketing Trends

  • The PR company recently established a new office in Limassol, Cyprus.
  • It mainly serves brokers with offerings around several marketing fronts.
Monday, 20/02/2023 | 08:00 GMT by Arnab Shome
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