editor's pick
Week in Focus: eToro Makes Strong Nasdaq Debut, CFTC's Case Against My Forex Funds Dismissed
- In the crypto space, Coinbase is set to debut on the S&P 500 index this month.
- Meanwhile, CFD broker Capital.com ended the first three months of 2025 with an 11% increase in client trading volume from the previous quarter.
Saturday, 17/05/2025 | 04:00 GMT by
Jared Kirui
Weekly Recap: St. Lucia Attracts MT5 Brokers, eToro Targets $4B Valuation in US IPO
- My Forex Funds case took a new turn after the CFTC placed four lawyers and one investigator on administrative leave.
- Also this week, Coinbase agreed to buy Deribit, a major cryptocurrency derivatives exchange, in a $2.9 billion deal.
Saturday, 10/05/2025 | 04:00 GMT by
Jared Kirui
Weekly Recap: Google Lifts IG France’s Ad Restrictions, XM Owner Buys Stake in a Cyprus Bank
- In numbers this week, Plus500 posted a 13% quarter-over-quarter revenue increase in Q1, while XTB posted nearly a 50% increase in client base.
- And in our analysis, we delved into why brokers and prop firms are moving away from Discord.
Saturday, 03/05/2025 | 04:00 GMT by
Jared Kirui
Weekly Recap: Why Ripple’s Hidden Road Acquisition Is a "Natural Fit", Instant Funding Eyes CFDs
- Also making headlines, Elon Musk is scaling back DOGE involvement following a 71% drop in Tesla's Q1 profits.
- Elsewhere, Revolut reported a 149% jump in profit before tax to $1.4 billion (£1.1 billion) , adds 15 million users.
Saturday, 26/04/2025 | 05:00 GMT by
Jared Kirui
Weekly Report: MT5 Surpasses MT4 in Trading Volume; IC Markets Pursues UAE License and More
- Also making headlines this week, prop trading firm FundedNext re-entered the US following the crackdown on MetaQuotes last year.
- At the same time, StoneX announced the acquisition of R.J. O'Brien.
Saturday, 19/04/2025 | 05:00 GMT by
Jared Kirui
Weekly Recap: Ripple's Hidden Road Acquisition, Scammers Clone Broker Exante in the US
- Also in the headlines, Germany's leveraged trading market jumped 3% to 63,000 active CFD and forex traders.
- Meanwhile, in our weekly review, we delved deeper into the Trustpilot fake reviews saga and why it’s far from over.
Saturday, 12/04/2025 | 05:00 GMT by
Jared Kirui
Weekly Briefing: Trump's Sweeping Trade Tariffs, Italy's Underrated Trading Market
- Also making headlines this week: Vanuatu passed new crypto legislation, as Japan reclassified crypto as financial products.
- Elsewhere, the UK subsidiary of retail CFD brokerage Axi and MultiBank Group both posted impressive financial results.
Saturday, 05/04/2025 | 05:00 GMT by
Jared Kirui
Week in Review: eToro Advances IPO Plans, Brokers Chasing Trustpilot Ratings, and More
- XTB strengthened its Middle East presence with a new Dubai office, while CMC Markets expanded to Bermuda after securing the regional regulatory license.
- Meanwhile, Italy's financial space is changing, with new trends in the country's population shifting towards trading and investing.
Saturday, 29/03/2025 | 04:00 GMT by
Jared Kirui
Week in Brief: Kraken to Acquire NinjaTrader, Trustpilot Targets More “Fake” Reviews
- VP Capital, which owns Capital.com and Currency.com, also announced the sale of the latter (a cryptocurrency platform).
- Elsewhere, Banxso, the troubled South African CFD broker, exited its retail business in Cyprus, among other top stories this week.
Saturday, 22/03/2025 | 04:00 GMT by
Jared Kirui
Weekly News Roundup: Trustpilot Review Illusion, Binance Gets $2B Investment in Abu Dhabi
- In other developments, Ripple secured a regulatory license in Dubai, while Revolut and Visa challenged the UK Payment Systems Regulator in court.
- In the financial reports, IG Group posted a 12% increase in total revenue, while Futu Holdings nearly doubled its fourth-quarter net income.
Saturday, 15/03/2025 | 04:00 GMT by
Jared Kirui
This Week in News: Prop Trading and “Fake” Reviews, TipRanks Launches AI Stock Analyst
- Also in the spotlight this week: Saxo Bank posted a record-breaking profit, while Admirals Group AS reported a net loss of 1.6 million euros.
- Elsewhere, CRM Solutions provider Proftit shut down operations, while South Africa became the first country to mandate a license for signal providers.
Saturday, 08/03/2025 | 05:00 GMT by
Jared Kirui
Weekly Snapshot: Up to 100 Prop Firms Shuttered in 2024 Shake-Up, Bitcoin Drops Below $80K
- Also making headlines this week, the US securities regulator has softened its stance on crypto assets, recently dropping a probe against Gemini.
- Saxo Bank's client base jumped more than 100%, as Nvidia's earnings also soared nearly 80% from the same period last year, thanks to growing AI adoption.
Saturday, 01/03/2025 | 03:00 GMT by
Jared Kirui
This Week in Review: eToro Files for IPO, Prop Traders Want Regulation, and More
- Also making headlines, Saxo Australia changed ownership, Capital.com collaborated with LSEG, and Revolut targeted Europe with new payment options.
- And, in a bizarre incident in Cyprus this week, a gunman opened fire at the offices of an investment company in the Ayios Andreas area.
Saturday, 15/02/2025 | 03:00 GMT by
Jared Kirui
Weekly Edition: FTMO Buys OANDA, MetaTrader Raises Fees, and More
- Elsewhere, CFI registered a record $1.12 trillion trading volume, while NAGA reported preliminary figures for the financial year 2024, aligning with its expectations.
- Additionally, the CFTC targeted Crypto.com and Robinhood for Super Bowl trades, while authorities in Israel have warned against binary options.
Saturday, 08/02/2025 | 04:00 GMT by
Jared Kirui
Weekly Briefing: Is Prop Trading Facing Arbitrage Manipulation? XTB 2024 Results, and More
- Elsewhere, brand confusion and legal uncertainty loom as two firms fight for ownership of the Ultima name.
- On the regulatory front, Binance is facing fresh hurdles in France. Also, find out about Robinhood's expansion of its offering, comprising the S&P 500, oil, and Bitcoin.
Friday, 31/01/2025 | 22:16 GMT by
Jared Kirui
Weekly Review: IG Group Posts Strong H1 Results, FCA Reviews Consumer Duty Rules, and More
- In our exclusive coverage, we feature an interview with forex expert Kathy Lien about useful insights in prop trading. And in the crypto space Robinhood expanded its services across Europe.
- On the regulatory front, learn about the new changes in the top leadership of the US SEC and CFTC as President Trump begins his term in the Oval Office.
Friday, 24/01/2025 | 20:12 GMT by
Jared Kirui
Week in Focus: IG Acquires Freetrade, eToro Eyes Nasdaq Listing, and More
- Among other stories in the spotlight this week: Active DXtrade SaaS accounts tripled to 1 Million; a new report shows that copy trading generated up to 20% of brokerages' trading volume in the last couple of years.
- Elsewhere, BitMEX settled a longstanding dispute with a $100 million fine, while Robinhood was fined $45 Million for recordkeeping failures.
Saturday, 18/01/2025 | 04:00 GMT by
Jared Kirui
Weekly Roundup: XTB Eyes Super App, Coinbase acquires BUX's Cyprus unit
- Also this week: Kazakhstan blocks over 3,500 crypto exchanges, FTX EU creates drama.
- And if you were wondering what happened to your prop account, you might find a creative explanation inside.
Saturday, 11/01/2025 | 03:00 GMT by
Jared Kirui
Weekly Brief: MetaQuotes and TradingView, CMC Invest Taps TipRanks, My Forex Funds
- Other news making headlines this week: prop company Funded Nation halted operations; Japanese crypto exchange Coincheck debuted on Nasdaq; and Kraken Australia was fined AU$8M.
Saturday, 14/12/2024 | 03:00 GMT by
Jared Kirui
Weekly News Recap: MetaQuotes to Increase Licensing Fees, SEC Gets a New Boss, and More
- Other top stories: Bitcoin hit an all-time high of more than $100,000; ASIC released a consultation paper for crypto regulations; and Putin praised Bitcoin as Russia adopts crypto to combat sanctions. Elsewhere, Japan’s DMM Bitcoin Exchange plans to shut down.
Saturday, 07/12/2024 | 03:00 GMT by
Jared Kirui
This Week: CFD Popularity Drops in Singapore; Capital.com Partners with Amazon, and More
- Also making headlines: Robinhood introduced Ethereum staking in Europe; OKX launched crypto wallet solutions in Belgium; and 24 Exchange entered the US. Still in the US, find out about "Thanksgiving Inflation" and so much more in our weekly news roundup.
Saturday, 30/11/2024 | 04:00 GMT by
Jared Kirui
Weekly Update: Crypto Market Surges, FCA Eases “Name and Shame” Policy, and More
- Other top stories this week: Dogecoin leads meme token market rally, CySEC accepts crypto licenses under MiCA rules, and Crypto.com expands its presence in Australia. Also, find out how companies in the US are preparing for Donald Trump's return to the Oval Office.
Saturday, 16/11/2024 | 03:00 GMT by
Jared Kirui
The Week’s Snapshot: Donald Trump's Victory and Crypto, ASIC to Close 95 Firms, and More
- Meanwhile, several firms, including Capital.com, easyMarkets, and INFINOX, released their financial reports this week. Taurex plans to launch a proprietary trading platform, Atmos, while the Indian regulator called prop trading platforms “Unauthorised.”
Saturday, 09/11/2024 | 03:00 GMT by
Jared Kirui
Weekly Roundup: Earnings from XTB, Plus500, and Naga, Q3 Slowdown Hits Coinbase, and More
- Also dominating the news this week: Exness enhanced B2B liquidity offering, GCEX partnered with RULEMATCH, and CySEC halted FXOpen EU sole shareholder's voting rights.
Saturday, 02/11/2024 | 03:00 GMT by
Jared Kirui
Weekly Summary: ATFX Enters Prop Trading, BRICS Explores Blockchain Payments, and More
- In other stories, FCA flagged 38 influencers, Swissquote enabled fractional share trading, and two prop firms and ThinkMarkets were added to the warning list in India.
Saturday, 26/10/2024 | 03:00 GMT by
Jared Kirui
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