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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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Forex Brokers
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Retail FX
Saxo Bank’s FX Volume Down to Lowest since Dec 2021
The brokerage's FX volume declined 34% to $102.8 billion in April.
Additionally, institutional spot FX volumes declined across major regions last month.
Wednesday, 03/05/2023 | 15:51 GMT
by
Solomon Oladipupo
Executives
Hantec Markets to Launch Institutional Arm, Hires Institutional Sales Head
Lee Holmes joins Hantec from INFINOX and was a director at ATFX, Zenfinex and ForexVox.
He brings over 12 years of FX and derivatives markets experience to the role.
Tuesday, 02/05/2023 | 13:09 GMT
by
Solomon Oladipupo
Retail FX
Interactive Brokers’ DARTs Decreases 14% to 1.8M in April 2023
The American online broker's client accounts increased slightly 1% to 2.22M.
It generated an average commission of $3.18 per cleared commissionable orders.
Monday, 01/05/2023 | 19:00 GMT
by
Solomon Oladipupo
Retail FX
Tastytrade, LiteFinance Launch New Features
Tastytrade says its API empowers customers to build software applications.
LiteFinance's new mobile app for iOS offers several features to users.
Monday, 01/05/2023 | 17:07 GMT
by
Solomon Oladipupo
Retail FX
Admirals Strengthens African Presence with New Offices in Nigeria
The brokerage received a license in South Africa and Kenya last year.
Admirals posted a record year in 2022 with €69M in revenue.
Monday, 01/05/2023 | 15:10 GMT
by
Solomon Oladipupo
Retail FX
CySEC Withdraws CIF License of FX/CFDs Broker, Trilt
Trilt received its license from the Cypriot watchdog in October 2014.
CySEC has announced at least 5 CIF license withdrawals since January.
Friday, 28/04/2023 | 16:59 GMT
by
Solomon Oladipupo
Retail FX
Swiss Broker Dukascopy’s Profit Surges 200% to Second-Highest in History
The brokerage and retail bank's net profit hit CHF 6.4M in 2022.
Dukascopy attributes record to conservative asset allocation and liquidity mgt.
Thursday, 27/04/2023 | 18:16 GMT
by
Solomon Oladipupo
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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
FCA Finds “Gaps in Surveillance” among UK CFDs Providers
The FCA found weak surveillance of market manipulation and abuse of non-equity asset classes.
However, most of the regulator's findings 'were largely positive'.
Wednesday, 26/04/2023 | 16:41 GMT
by
Solomon Oladipupo
Retail FX
Spanish Regulator Flags ‘Pepper Stone’, ‘PRIMUS FX’, 7 Other Websites
The websites are clones of Pepperstone and FXPrimus.
CySEC also flagged down eight illegal FX/CFDs platforms on Monday.
Monday, 24/04/2023 | 20:01 GMT
by
Solomon Oladipupo
Retail FX
Jordan FA Cup to Be Renamed as CFI Partners Football Association
CFI will sponsor all major leagues under the JFA.
The brokerage sponsored the recent Mubadala World Tennis Championship.
Thursday, 20/04/2023 | 13:56 GMT
by
Solomon Oladipupo
Executives
Ex OvalX Seniors Move to BidX Markets, Trade Nation and Alvar
OvalX ceased operations on March 17, 2023, after selling assets to Capital.com.
Last week, Mark Foulds moved to Alvar Financial after over 20 years at OvalX.
Wednesday, 19/04/2023 | 20:39 GMT
by
Solomon Oladipupo
Retail FX
ThinkMarkets Bolsters APAC Foothold with New Zealand License
The broker launched in Japan in March 2022.
ThinkMarkets secured $30M early last year to boost its expansion.
Wednesday, 19/04/2023 | 18:39 GMT
by
Solomon Oladipupo
Retail FX
NAGA Seeks to Raise $8.2M in Convertible Bond
Upon full conversion, the bonds will raise NAGA's current share capital by 7.7%.
NAGA Group "incurred significant losses last year."
Monday, 17/04/2023 | 13:09 GMT
by
Solomon Oladipupo
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Retail FX
Exclusive: Retail FX Broker TradedWell Shuts Down Website
The brokerage, which started running in 2020, closed its website on January 27, 2023.
TradedWell is the third CySEC broker to have encountered problems in the last 3 months.
Friday, 14/04/2023 | 14:23 GMT
by
Solomon Oladipupo
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
Institutional FX
US Firm Wedbush Expands into FX Prime Brokerage, Taps Jefferies Execs
The new unit is part of Wedbush Securities' FICCS division.
The FX prime brokerage team is being led by Michael Stone, ex-Jefferies Bache VP.
Wednesday, 12/04/2023 | 15:05 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
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
DDoS Attacks on FX Brokers Spike; Cyprus Heavily Targeted
The Attackers Disrupt the Operation of Platforms and Demand Ransom
Though Most Solutions are Expensive, There are Some Ways to Protect Your Business
Thursday, 30/03/2023 | 15:53 GMT
by
Mate Ivanszky
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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
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