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Forex brokers
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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7 Things We Wish Someone Had Told Us Before We Started Trading
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5 Strategies That Drive Engagement for Financial Brands
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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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7 Things We Wish Someone Had Told Us Before We Started Trading
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Forex Brokers
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Retail FX
London-Based ForexVox Moves 94% of Clients to MT5 amid Rising Competition
ForexVox has been operating since 2020.
The firm wants to provide 'unparalleled support' to traders worldwide.
Wednesday, 26/07/2023 | 13:22 GMT
by
Solomon Oladipupo
Retail FX
ATFX UK’s Profit Surges by Almost 300% to £838K in 2022
The subsidiary's turnover jumped 7.6% to £3.2M.
ATFX has expanded to Australia and the UAE.
Tuesday, 25/07/2023 | 21:08 GMT
by
Solomon Oladipupo
Retail FX
Darwinex Seeks Growth through New Integration with Interactive Brokers
Darwinex wants to attract more talented traders.
The UK asset manager recently launched a subscription-based trading platform.
Monday, 24/07/2023 | 16:05 GMT
by
Solomon Oladipupo
Retail FX
Why I Gave Up My CEO Role to Become CIO: NAGA's Founder Ben Bilski
NAGA's vision remains to build an all-in-one platform, says Bilski.
The new Group CEO: "We have owned our decisions in the past three years."
Monday, 10/07/2023 | 20:45 GMT
by
Solomon Oladipupo
CryptoCurrency
Denmark’s FSA Orders Saxo Bank to Dump Crypto Holdings
The watchdog said the law does not permit Saxo Bank's engagement in crypto trading.
In other news, Saxo Bank saw a decline of 8% in its FX trading volume in June.
Wednesday, 05/07/2023 | 12:57 GMT
by
Solomon Oladipupo
Retail FX
UK CFDs Broker City Credit Capital Goes Bankrupt, Enters Administration
FCA appointed joint administrators for the firm last Friday.
CCCUK operated under the trading names CIX Markets and Markets Trader.
Tuesday, 04/07/2023 | 16:10 GMT
by
Solomon Oladipupo
Executives
Finalto Group's CCO Stavros Anastasiou Appointed Markets.com's CEO
Anastasiou previously served as the CCO at the retail brokerage unit of Finalto.
In other news, Exclusive Markets named Afa Haghdoust as its new Chief Commercial Officer.
Friday, 30/06/2023 | 18:13 GMT
by
Solomon Oladipupo
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Executives
OANDA Taps Rafał Słoń as Managing Director for Australia
Słoń joined the broker as the Business Operations Lead three years ago.
MultiBank and Admirals recently welcomed two industry veterans.
Wednesday, 21/06/2023 | 21:00 GMT
by
Solomon Oladipupo
Executives
Admirals Hires SquaredFinancial’s Daniel Skowronski as Revenue Chief
Skowronski brings over 25 years of experience to the new role.
Previously, he led OANDA and Alpari as the CEO of EMEA and UK, respectively.
Thursday, 15/06/2023 | 17:02 GMT
by
Solomon Oladipupo
Retail FX
SVG Brokers Seek New Home in Other Jurisdictions after Regulator's Deadline
FSA introduced the policy in the wake of rising fraud claims against FX trading firms.
However, some see the rule as a 'checkbox exercise'.
Tuesday, 13/06/2023 | 18:59 GMT
by
Solomon Oladipupo
Retail FX
Saxo Bank’s FX Volume Springs 27% to $130.5B in May
However, the new volume stands below March's figure of $155.5 billion.
Overall, trading volume strengthened 28% to $407 billion.
Wednesday, 07/06/2023 | 14:32 GMT
by
Solomon Oladipupo
Retail FX
Pandemic, Profits, and Potential: Analysis of the Polish and CEE Retail Trading Boom
CEE is home to 300 million people, 40% of Europe's population.
More and more people are choosing to trade, not just with CFDs.
Monday, 05/06/2023 | 09:57 GMT
by
Damian Chmiel
Retail FX
FinCom Discontinues BalansFX Membership over Compliance Failure
BalansFX became an approved member of FinCom in July 2020.
Meanwhile, FinCom warned against TresorFX, a platform recently flagged by the FCA.
Wednesday, 31/05/2023 | 13:34 GMT
by
Solomon Oladipupo
Retail FX
FCA Flags 26 Illegal Trading and Investment Platforms
The watchdog flagged three clone platforms for impersonating authorized firms.
The platforms are mainly online FX trading platforms.
Monday, 29/05/2023 | 17:19 GMT
by
Solomon Oladipupo
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Retail FX
UK Court Finds Boss of FX Scheme CWM Guilty of £70M Fraud
Anthony Constantinou fled during the trial period, the prosecutor said.
The former Managing Director was sentenced in absence.
Monday, 22/05/2023 | 18:37 GMT
by
Solomon Oladipupo
Executives
Trade Nation Elevates Richard Nathan to Bahamas CEO
Nathan brings over a decade of experience to the new role.
The executive previously worked for OvalX, Hartmann Capital and Acetop.
Monday, 22/05/2023 | 14:05 GMT
by
Solomon Oladipupo
Retail FX
Admirals Group to Withdraw Estonian License amidst Global Consolidation
Admirals said it will merge the subsidiary with the parent company.
The firm also plans to repurchase €1.9M of its Tier 2 bonds.
Thursday, 18/05/2023 | 16:15 GMT
by
Solomon Oladipupo
Retail FX
24HR Trading Academy Victims Lost £1.3M; Court Approves £106K Refund
Only investors with losses above £500 are to be paid.
The FCA initiated a case against Mohammed Maricar, the scheme operator, in April 2020.
Wednesday, 17/05/2023 | 14:38 GMT
by
Solomon Oladipupo
Retail FX
XTB Founder Sells $64M Shares in Company
The sale was done directly by the investment firm XX ZW owned majorly by Jakub Zablocki.
The transaction came as XTB reported a record profit during Q1 2023.
Tuesday, 16/05/2023 | 18:50 GMT
by
Solomon Oladipupo
Retail FX
Exness and RoboMarkets Sign New Sports Sponsorship Deals in Cyprus
The sports involved are the Wakesurf Championship and the European Sporting Championships.
RoboMarkets strengthens its sports presence in Cyprus with the new deal.
Thursday, 11/05/2023 | 13:53 GMT
by
Solomon Oladipupo
Executives
Oval Money’s Daniel Gladding Joins eToro UK as Chief Risk Officer
Ex-OvalX execs are taking up roles at other firms after the broker shut down in March.
Gladding previously worked for Admirals, StoneX and IG Group, among others.
Tuesday, 09/05/2023 | 15:46 GMT
by
Solomon Oladipupo
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Retail FX
CySEC Revokes ICF Membership of Brokerages Trilt and RMG Holdings
Trilt and RMG's licenses were withdrawn last month and in April 2022, respectively.
ICF compensation is open to clients of both firms covered before the termination.
Tuesday, 09/05/2023 | 13:08 GMT
by
Solomon Oladipupo
Executives
SquaredFinancial’s Deputy CEO Husam Al Kurdi Departs to Start New Venture
Founder Philippe Ghanem has taken over running SquaredFinancial.
Al Kurdi joined SquaredFinancial in 2019 after seven and a half years at ADSS.
Saturday, 06/05/2023 | 13:33 GMT
by
Solomon Oladipupo
Executives
New Broker RaiseFX Hires INFINOX’s Dany Mawas as CCO
Mawas left INFINOX after two years and five months.
RaiseFX has established its presence in several African countries.
Friday, 05/05/2023 | 12:51 GMT
by
Solomon Oladipupo
Retail FX
CFI Financial Sees Record Growth in Volume, New Accounts in Q1
Volume and new accounts grew 57% and 147% YoY, respectively.
CFI plans to expand into new markets this year.
Thursday, 04/05/2023 | 13:21 GMT
by
Solomon Oladipupo
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