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Retail FX

Tradier Gets $24.6M to Address “Graduation Effect” among Retail Traders

  • The retail broker plans to introduce a "market-first platform and content hub."
  • Tradier says it saw a record performance last year.
Thursday, 13/04/2023 | 15:06 GMT by Solomon Oladipupo
Retail FX

CySEC Slams €1M Fine on Itrade Global for Multiple Violations in Spain

  • The alleged violations were committed by its tied agent in Spain.
  • Some of them include dishonest practices and failure to prevent conflict of interest.
Thursday, 13/04/2023 | 13:07 GMT by Solomon Oladipupo
Retail FX

Exclusive: FXCM Eyes Expansion, Unveils Two New Platforms

  • However, FXCM said the new web-based platform is still in its "early beta phase."
  • Meanwhile, Jefferies' max exposure to FXCM declined during the firm's last quarter.
Tuesday, 11/04/2023 | 16:10 GMT by Solomon Oladipupo
Retail FX

MahiMarkets’ Product Aims at ‘Full Autonomy’ over CFD Pricing for Brokers

  • The enhanced product offers features, such as liquidity reduction and tight spread.
  • Eurotrader tapped MahiMarkets in December 2022 for better pricing and risk management.
Tuesday, 04/04/2023 | 19:56 GMT by Solomon Oladipupo
Retail FX

NAGA’s Revenue Drops 36% in Q1 2023 despite Growth in Active Users

  • The neo-brokerage's revenue jumped 63% YoY to EUR 18M in Q1 2022.
  • The volume worth EUR 37 billion was traded by NAGA users in Q1 2023.
Tuesday, 04/04/2023 | 16:15 GMT by Solomon Oladipupo
Executives

IG Group Hires NatWest Group’s Adam Wheelwright as CTO

  • Wheelwright has previously worked with UKHSA, Nomura, Dresdner Kleinwort and UBS.
  • The executive's appointment comes a day after IG Group agreed to acquire Small Exchange.
Tuesday, 04/04/2023 | 13:00 GMT by Solomon Oladipupo
Retail FX

Pepperstone UK’s Profit Surges 128% to £4.6M in 2022

  • The broker's revenue increased 36% to £10.7 million.
  • However, Pepperstone UK's profit and revenue fail to break above the 2020 output.
Friday, 24/03/2023 | 18:29 GMT by Solomon Oladipupo
Executives

Equiti Group Promotes Ahmad Qutaishat to Sales Vice President

  • Qutaishat brings about a decade of experience to the role.
  • The executive joined Equiti Group in October 2018 as Client Support Officer.
Wednesday, 22/03/2023 | 14:37 GMT by Solomon Oladipupo
Executives

FXGlobe Hires Tixee’s Todor Georgiev as Chief Operating Officer

  • Previously, Georgiev was the COO at the forex and CFD broker, Tixee.
  • He brings over a decade of experience to the new role.
Monday, 20/03/2023 | 17:57 GMT by Solomon Oladipupo
Retail FX

OANDA Introduces CFDs Exposure to Popular US and UK Stocks

  • The launch offers new trading opportunities to OANDA's clients in emerging markets.
  • Some of included stocks include BP, Vodafone, Tesla and Amazon, among others.
Monday, 20/03/2023 | 12:32 GMT by Solomon Oladipupo
Executives

Scope Markets Eyes MENA, Hires Equiti’s VP as Sales Manager for Region

  • Yaser Zidan joins Scope Markets from Equiti where he spent about seven years.
  • Rostro announced the completion of its acquisition of Scope Markets in January.
Tuesday, 14/03/2023 | 14:23 GMT by Solomon Oladipupo
Retail FX

XTB Seeks to Commit 50% of Profit to Dividends, 25% to Shares Buyback

  • XTB's net profit skyrocketed 214% to $171.6 million in 2022.
  • The intended actions are dependent on Polish financial markets regulator's approval.
Wednesday, 08/03/2023 | 18:24 GMT by Solomon Oladipupo
Executives

Industry Newcomer Monaxa Hires Exness’ Chris Trikomitis as CEO

  • Trikomitis brings almost two decades of financial industry experience to the role.
  • Monaxa Group operates entities registered in St. Vincent and regulated by ASIC.
Friday, 03/03/2023 | 18:50 GMT by Solomon Oladipupo
Retail FX

INFONIX's Metrics Skyrocket in 2022 Pushed by Latin America and Asia

  • The global broker's first-time deposit jumped by over 200% in Latin America.
  • INFINOX Capital posted a 150% growth in revenue in fiscal year 2022.
Thursday, 02/03/2023 | 21:05 GMT by Solomon Oladipupo
Executives

BDSwiss' Chief People Officer in Cyprus Leaves after a Year

  • Natale Mastoroudes joined BDSwiss in Jan. 2022 as the Head of HR.
  • Thomas Pantazis, the Head of Country Partnership at Admirals Australia, is also leaving.
Friday, 24/02/2023 | 20:58 GMT by Solomon Oladipupo
Executives

OneRoyal Elevates Elie Koueik to Lebanon Country Manager

  • Koueik has spent about 13 years at OneRoyal.
  • The broker recently hired a former NAGA executive as the Chief Marketing Officer.
Friday, 24/02/2023 | 13:17 GMT by Solomon Oladipupo
Executive Moves

Denis Golomedov Resigns as RoboMarkets' Chief Marketing Officer

  • Golomedov joined RoboMarkets in August 2017.
  • RoboMarkets has launched new ventures in recent months.
Monday, 20/02/2023 | 17:17 GMT by Solomon Oladipupo
Retail FX

VT Markets Onboards Acuity’s Signal Centre to Aid Traders' Decision Making

  • Signal Centre was acquired by Acuity in 2021.
  • VT Markets recently reported a 125% growth in its trading volume.
Friday, 17/02/2023 | 14:14 GMT by Solomon Oladipupo
Executives

WH Selfinvest Hires FXFlat’s Raphaël Leblond as French Regional Manager

  • Leblond brings over a decade of experience to the role.
  • The senior executive led German broker FXFlat's expansion into France.
Thursday, 16/02/2023 | 14:59 GMT by Solomon Oladipupo
Retail FX

ThinkMarkets Introduces New Security Layer to Fight Fraudulent Calls

  • The broker said clients can now identify fraudsters through OTP confirmation.
  • ThinkMarkets has expanded its offerings in recent months.
Wednesday, 15/02/2023 | 17:43 GMT by Solomon Oladipupo
Executives

Zenfinex's MENA CEO Resigns, Says “Mission Accomplished!”

  • Michel Chabbouh helped Zenfinex get its DFSA license last year.
  • The executive says Zenfinex now has “strong foundations to build its growth on.”
Wednesday, 15/02/2023 | 16:31 GMT by Solomon Oladipupo
Retail FX

CySEC Withdraws Magnum FX’s CIF License after “Voluntary Renunciation”

  • Magnum FX was licensed by CySEC in June 2018.
  • The broker operates four different websites.
Tuesday, 14/02/2023 | 15:00 GMT by Solomon Oladipupo
Executives

BDSwiss Promotes Marc Suárez to Marketing Manager for Latin America

  • Suárez joined BDSwiss as a Marketing Executive in December 2021.
  • He brings over 10 years of marketing, sales and accounting experience to the role.
Friday, 10/02/2023 | 16:52 GMT by Solomon Oladipupo
Retail FX

eToro Opens Up All Assets to Brazilian Users, Exempts Forex CFDs

  • The network's Brazilian customers can now trade stocks, ETFs and CFDs.
  • eToro cited regulatory stumbling block for exemption of FX CFDs.
Friday, 10/02/2023 | 12:39 GMT by Solomon Oladipupo
Retail FX

Germany's NAGA Group Reports Profit for First Few Weeks of 2023

  • The German fintech group made a profit of about €1.5 million YTD.
  • The Group's revenue declined 6% to €52 million in 2022.
Thursday, 09/02/2023 | 14:27 GMT by Solomon Oladipupo
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