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Executive Moves

Ex-SquaredFinancial CEO, Youssef Barakat Joins 4T

  • He will help the company with geographical expansion and product diversification.
  • He brings over two decades of experience to the role.
Thursday, 16/02/2023 | 09:38 GMT by Arnab Shome
Retail FX

Hargreaves Lansdown Sees 20% Revenue Rise in FY23

  • The pre-tax profit of the company also jumped by 31 percent.
  • Its diluted earnings per share came in 29 percent higher at 33.1 pence.
Wednesday, 15/02/2023 | 10:01 GMT by Arnab Shome
Retail FX

FXCubic and TraderEvolution Integrate to Build Efficient Trading Systems

  • TraderEvolution will help FXCubic to build unique trading environments for brokers.
  • It is another FXCubic integration in recent months.
Wednesday, 15/02/2023 | 09:45 GMT by Damian Chmiel
Brokers

Plus500 Announces $100M Investor Payouts as 2022 Profits Soar

  • It launched $70 million buyback programs and will distribute $30 million as dividends.
  • The company remains debt-free and receives 'buy' calls from analysts.
Tuesday, 14/02/2023 | 09:36 GMT by Arnab Shome
Brokers

Exness Sets Record Again with $2.82T January Trading Volume

  • The latest figure broke the previous record set last August.
  • Additionally, the number of active clients on the platform hit a record.
Tuesday, 14/02/2023 | 06:59 GMT by Arnab Shome
Thought Leaders

Ardu Prime: A Success Story with a Guarantee for the Future

  • Who is it, who is it for, and how does the award-winning brokerage firm innovate?
Monday, 13/02/2023 | 07:31 GMT by Ardu Prime
Retail FX

Financial Commission Expels FX/CFDs Broker Bold Prime as a Member

  • Bold Prime became a FinCom member last August.
  • The organization expelled a few other members while adding many.
Thursday, 09/02/2023 | 11:05 GMT by Arnab Shome
Brokers

CySEC Withdraws License of FX/CFDs Brokerage Operator F1Markets

  • F1Markets settled with CySEC last year, paying €150,000.
  • The broker’s license was previously suspended for compliance violations.
Thursday, 09/02/2023 | 09:05 GMT by Arnab Shome
Executive Moves

Blueberry Markets Elevates Jack Fung to CFO

  • Fung previously worked with the Founder and MD of Blueberry Markets at Axi.
  • He joined the broker last October.
Wednesday, 08/02/2023 | 11:38 GMT by Arnab Shome
Brokers

Why Is Latin America Hard to Enter for Retail IBs?

  • Get to know LATAM's retail brokerage market.
Tuesday, 07/02/2023 | 15:11 GMT by Finance Magnates Staff
Executive Moves

XS.com Adds Ahmed Negm as MENA Market Research Head

  • He previously worked with FBS, Orbex, and Admiral Markets Group.
  • He will appear on English and Arabic media to represent XS.com.
Monday, 06/02/2023 | 06:42 GMT by Arnab Shome
Brokers

XTB Sees Dull Q4 Profits despite Solid Client Activities

  • The broker added 51,038 new clients in the quarter.
  • It has postponed the launch of XTB Africa until at least 2024.
Thursday, 02/02/2023 | 06:52 GMT by Arnab Shome
Executive Moves

Mohamad Ibrahim Joins Dubai Offices of XS.com as Group CEO

  • His most recent role was with Exness as a Regional Director.
  • At XS.com, he is responsible for driving its growth strategy.
Wednesday, 01/02/2023 | 07:32 GMT by Arnab Shome
Executive Moves

Eightcap Replaces Joel Murphy with Alex Howard as CEO

  • Howard previously worked for StoneX, IG, and BGC Group.
  • He brings solid experience from APAC-centric roles.
Tuesday, 31/01/2023 | 09:22 GMT by Arnab Shome
Executive Moves

FX Veteran Fred Scala Joins Direct Trading Technologies as B2B Sales MD

  • He brings around 37 years of experience to the new role.
  • He will oversee B2B sales efforts of the company.
Tuesday, 31/01/2023 | 08:17 GMT by Arnab Shome
Retail FX

IG Sees 10% Revenue Jump in H1 FY23, Extends Share Buyback Program

  • Its basic earnings per share came in 5 percent lower.
  • The company allocated an additional £50 million to the share buyback program.
Thursday, 26/01/2023 | 08:19 GMT by Arnab Shome
Retail FX

CMC Markets Positive with FY23 Income, Gains Singapore License for Invest

  • The company expects to grow its revenue by 30 percent over the next three years.
  • The in-principal license from Singapore will ensure CMC Invest’s expansion.
Wednesday, 25/01/2023 | 08:19 GMT by Arnab Shome
Retail FX

Has UFX Quietly Shut Down?

  • The broker's operator renounced its CySEC license.
  • The website has stopped new account openings and asks customers to terminate their trading accounts.
Friday, 20/01/2023 | 13:08 GMT by Arnab Shome
Retail FX

MCC Markets Taps Affiliate Platform Metawork, Enhances IB Experience

  • The two companies will together launch services first in Vietnam.
  • Also, MCC Markets recently onboarded a new CEO.
Thursday, 19/01/2023 | 11:36 GMT by Arnab Shome
Retail FX

Chinese Brokers Raise $12.2B in Fresh Capital

  • At least six Chinese brokers are seeking to raise capital.
  • The need for fresh capital is necessary to comply with risk-management rules.
Thursday, 19/01/2023 | 09:53 GMT by Arnab Shome
Retail FX

Exness Defies Market Trends with 5.4% Uptick in December Trading Volume

  • The volume for the month doubled when compared year-over-year.
  • The platform closed the month with 374,978 active clients.
Thursday, 12/01/2023 | 10:33 GMT by Arnab Shome
Brokers

Plus500 Ends 2022 with $832M in Revenue

  • The brokerage group's revenue target for the year was met.
  • However, Q4 figures dropped due to the impact of the FIFA World Cup.
Tuesday, 10/01/2023 | 08:11 GMT by Arnab Shome
Retail FX

Rostro Plans Scope Markets’ MENA/Asia Expansion amid Acquisition Closure

  • Rostro and Scope agreed to the deal last year in February.
  • Scope is already operating globally with multiple licenses.
Monday, 09/01/2023 | 11:24 GMT by Arnab Shome
Brokers

KVB Prime UK Rebrands to DCFX Europe after Turbulent Years

  • The broker has enhanced its technology and onboarded clients.
  • It is now considering adding a new liquidity provider.
Monday, 09/01/2023 | 05:38 GMT by Arnab Shome
Retail FX

Doo Group Becomes Financial Trading Partner of Manchester United FC

  • The financial service provider inked a multi-year sponsorship deal with the football club.
  • The club will promote Doo Group and its two sub-brands, Doo Prime and Doo Financial.
Wednesday, 04/01/2023 | 10:03 GMT by Arnab Shome
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