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Executive Moves
Denis Golomedov Resigns as RoboMarkets' Chief Marketing Officer
2023-02-20T19:17:46.333+02:00
Golomedov joined RoboMarkets in August 2017.
RoboMarkets has launched new ventures in recent months.
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Retail FX
VT Markets Onboards Acuity’s Signal Centre to Aid Traders' Decision Making
2023-02-17T16:14:56.092+02:00
Signal Centre was acquired by Acuity in 2021.
VT Markets recently reported a 125% growth in its trading volume.
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Executives
WH Selfinvest Hires FXFlat’s Raphaël Leblond as French Regional Manager
2023-02-16T16:59:44.511+02:00
Leblond brings over a decade of experience to the role.
The senior executive led German broker FXFlat's expansion into France.
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Retail FX
ThinkMarkets Introduces New Security Layer to Fight Fraudulent Calls
2023-02-15T19:43:16.843+02:00
The broker said clients can now identify fraudsters through OTP confirmation.
ThinkMarkets has expanded its offerings in recent months.
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Executives
Zenfinex's MENA CEO Resigns, Says “Mission Accomplished!”
2023-02-15T18:31:51.539+02:00
Michel Chabbouh helped Zenfinex get its DFSA license last year.
The executive says Zenfinex now has “strong foundations to build its growth on.”
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Exchanges
5 Ways to Optimize Your B2B Forex Marketing Strategy in 2023
2023-02-14T18:24:44.571+02:00
B2B forex marketing taken to the next level
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Retail FX
CySEC Withdraws Magnum FX’s CIF License after “Voluntary Renunciation”
2023-02-14T17:00:54.433+02:00
Magnum FX was licensed by CySEC in June 2018.
The broker operates four different websites.
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Executives
Sova Capital’s Clifford-Newman Joins StoneX as SVP, Prime Services Sales
2023-02-13T21:28:49.615+02:00
The senior executive brings over a decade of experience to the new role.
StoneX Group's subsidiaries made executive appointments in recent months.
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Executives
Edgewater Hires Veteran Andres Cifuentes as Global Head of Liquidity
2023-02-13T19:54:59.735+02:00
Cifuentes previously worked for Cboe, Morgan Stanley, JP Morgan Chase and Goldman Sachs.
Edgewater recently hired forex veteran Chan Chong San as its MD for APAC.
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Executives
BDSwiss Promotes Marc Suárez to Marketing Manager for Latin America
2023-02-10T18:52:53.712+02:00
Suárez joined BDSwiss as a Marketing Executive in December 2021.
He brings over 10 years of marketing, sales and accounting experience to the role.
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Retail FX
eToro Opens Up All Assets to Brazilian Users, Exempts Forex CFDs
2023-02-10T14:39:20.014+02:00
The network's Brazilian customers can now trade stocks, ETFs and CFDs.
eToro cited regulatory stumbling block for exemption of FX CFDs.
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Retail FX
Germany's NAGA Group Reports Profit for First Few Weeks of 2023
2023-02-09T16:27:52.062+02:00
The German fintech group made a profit of about €1.5 million YTD.
The Group's revenue declined 6% to €52 million in 2022.
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Executives
Capital.com Hires IG Group’s Niamh Byrne as Head of UK & Ireland
2023-02-08T19:53:42.931+02:00
Byrne is to provide execution support for Capital.com's new deal with OvalX.
She spent 14 years at IG Group before joining Capital.com.
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Retail FX
EXCLUSIVE: London FX Broker Capital.com Buys OvalX’s Client Assets
2023-02-07T15:06:06.424+02:00
OvalX recently said it was considering a possible merger or asset sale.
The broker reported a pre-tax loss of £9.2M in FY21.
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Executives
Lirunex Hires AssetsFX’s Waleed Salah as Head of Sales MENA
2023-02-03T22:50:23.731+02:00
Salah brings about 14 years of industry experience to the role.
The executive has worked for brokers such as Valuetrades, BlackBull Markets and RoboForex.
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Executives
LiquidityFinder’s Founder Sam Low Joins FinaCom’s DRC as 34th Member
2023-02-03T00:35:12.716+02:00
Low founded LiquidityFinder in 2018.
FX traders seeking compensation from brokers in 2022 declined to $12.4 million.
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Institutional FX
24 Exchange Crosses $1B Mark in Forex NDFs ADV in January
2023-02-02T22:30:26.265+02:00
The platform reported daily and weekly records of forex NDFs in October last year.
24 Exchange has been taking steps to expand its footprint since 2019.
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Executives
Two Directors Resign from Trading 212’s Boards
2023-02-02T18:51:42.562+02:00
The Directors are Rajvinder Kaur Somal and Borislav Tzonkov Nedialkov.
Nedialkov co-founded Trading 212 in 2004.
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Retail FX
UK FCA Warns against Clone of FX Broker Axi
2023-02-02T17:11:31.314+02:00
AxiCorp owns both Axi and One Financial Markets.
The FCA clamped down on a number of clone companies in 2022.
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Executives
HF Markets' Andreas Andreou Joins BDSwiss in Cyprus as CCO
2023-02-01T23:35:31.941+02:00
Andreou brings over two decades of experience to the role.
He previously worked for Cyprus-based brokers IronFX and FXGM.
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Retail FX
Interactive Brokers’ DARTs Jump 14% in January as Client Accounts Grow
2023-02-01T21:08:46.105+02:00
The American broker's client accounts grew 2% to 2.13 million.
The company posted record profits in Q4 2022.
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Executives
Anthony Darvall Leaves easyMarkets after 15 Years, Launches Startup
2023-01-28T00:05:06.167+02:00
Darvall joined easyMarkets in May 2008 in Australia.
A number of longtime executives have exited their roles in recent months.
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Retail FX
Compensation Sought by FX Traders Worldwide Drops 17% to $12.4M in 2022
2023-01-25T22:09:58.538+02:00
FinaCom expanded its global presence by 30% last year.
The organization also marked its fastest average resolution time since its founding.
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Retail FX
Compensation Sought by FX Traders from Brokers Drops 3% to $3.3M in Q4
2023-01-21T12:46:14.372+02:00
This is according to FinCom's Quarterly Complaints Digest for Q4 2022.
The EDR body said range bound FX prices as well as winter holidays affected key metrics.
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Retail FX
Baxia Markets Emerges Latest Approved Member of FinCom
2023-01-20T20:50:42.624+02:00
FinCom recently approved Vida Markets' membership but withdrew IdealFX's.
More forex traders demanded compensation from FinCom broker members in Q4 2022.
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