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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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Executives
Jens Chrzanowski Takes Over XTB Germany from Eliza Dygutowicz
2022-09-01T17:36:04.923+02:00
Eliza Dygutowicz spent 13 years at XTB.
Jens Chrzanowski exited Admiral Markets last month after 11 years of service.
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Executives
Eurotrader Onboards Exinity’s Martin Couper as Head of Global Compliance
2022-08-29T16:06:42.168+02:00
Couper brings over 15 years of experience to the role.
Forex veteran Marcelo Spina last week joined Eurotrader as the new Group CEO.
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Retail FX
CFD Service Provider Bold Prime Becomes Member of FinCom
2022-08-25T16:00:00.000+02:00
Bold Prime’s membership took effect on August 17th.
FinCom has expelled at least two brokers this year.
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Retail FX
LordFX Has Been Expelled from the Financial Commission
2022-08-24T18:06:01.037+02:00
LordFX has violated the membership rules and guidelines.
The Financial Commission's quarterly report shows complaints against brokers have increased.
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Executives
EXCLUSIVE: BDSwiss to Welcome AGP Law Firm’s Achilleas Achilleos as CMO
2022-08-24T09:00:00.000+02:00
Achilleos has over two decades of experience in marketing.
He is to assume the role in early September.
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Retail FX
Vantage Engages YouTuber Supercar Blondie to Launch ESG Programme
2022-07-09T02:32:56.721+02:00
Blondie will participate in Extreme E’s Blue Carbon sustainability initiative.
Vantage's corporate ESG journey was driven by passion of its employees.
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Retail FX
Spotware’s cTrader Upgrades to Cross-Broker Platform
2022-07-08T19:14:19.489+02:00
Users can trade with multiple brokers from a single trading platform.
cTrader Copy strategy beat world copy trading record in 2021.
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Retail FX
eToro Is Reducing Its Global Workforce by Approximately 6 Percent
2022-07-06T12:19:09.940+02:00
eToro said current market conditions are the reason for the layoffs.
Reports suggest eToro is holding negotiations for a new private round.
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Retail FX
Finveo Is the Main Sponsor of the National Basketball Federation of Montenegro
2022-07-05T15:38:48.758+02:00
Finveo secured a 3-year sponsorship with the National Basketball Federation of Montenegro.
Onur Topaç said he is gratified to contribute to the future of youth and sports
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CryptoCurrency
How Forex Brokers Can Tap the Metaverse Ahead of Competitors
2022-06-27T17:13:57.435+02:00
Forex brokers must consider the metaverse to sustain their brand awareness.
Metaverse users may reach 5 billion by 2030 according to Citi.
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Institutional FX
FX Broker KJ Glovice Enlists Takeprofit Tech to Bolster against Risk
2022-06-23T18:07:04.251+02:00
Products deployed include Event Logger, Quote Monitoring, Quote Watcher and Swap Manager.
The solutions were used on KJ Glovice FX’s MetaTrader 4.
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Retail FX
AFCA Pauses AU$267 Million in Customer Claims of Two Insolvent FX Brokers
2022-06-10T08:07:16.352+02:00
It paused the claims of a total of 44 financial services providers that are now insolvent.
The total claims of these companies touched AU$376.5 million.
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Retail FX
AximTrade Partners with Italian Motor Manufacturer’s F1 Racing Team
2022-05-30T20:07:52.068+02:00
Alfa Romeo currently participates as Team Orlen in Formula 1.
AximTrade reiterates commitment to technology and innovation.
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Executives
Invast Global Promoted Riana Chaili to Chief Executive Officer, EMEA
2022-05-24T11:44:39.193+02:00
Chaili said clients are more sophisticated in their trading strategies.
Chaili is also expecting clients to continue observing slippage and latency.
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Retail FX
Decentralized Forex Trading: The Next Evolutionary Step
2022-05-24T08:21:39.004+02:00
A decentralized trading environment may arrive following the anticipated regulations.
Forex brokers may reduce the operative costs by utilizing blockchain technology.
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Brokers
AMF Issues a Warning against Website Belonging to Omega Pro Ltd
2022-05-20T03:23:00.000+02:00
The Prudential Supervisory and Resolution Authority (ACPR) signed the advisory.
Omega Pro Ltd has no license to operate in France or in its overseas territories.
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Felipe Erazo
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Retail FX
Penetrating the Asian Markets, What Forex Brokers Must Do?
2022-05-17T10:44:49.124+02:00
The collapse of Terra Luna may attract more Asian traders into Forex.
Higher interest rates may trigger renewed interest in carry trading.
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Executive Moves
Advanced Markets Group Promotes Mina Zakaria to Global Head of Sales Conversion
2022-05-09T23:18:00.000+02:00
Zakaria previously served as Director of Sales Conversion at the firm.
He worked for over four years at ForexTime.
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Retail FX
NFA Fines Interactive Brokers $250k for Retail FX, Supervisory Failures
2022-04-16T11:56:21.838+02:00
Interactive failed to heed a warning issued in May 2021, NFA says.
The broker also ignored a directive from the NFA for three months after the deadline.
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Online Broker FxPro Opens a New Office in Dubai
2022-04-14T13:58:58.216+02:00
FxPro increase its MENA presence with the opening of the new office.
FxPro's CEO, Charalambos Psimolophitis said that "this is an exciting milestone."
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Thought Leaders
Types of Forex Scams and How to Spot Them
2022-03-10T15:25:31.244+02:00
Forex traders should not get carried away by bogus promises.
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Brokers
Justforex Suspends Services for Clients from Russia and Belarus
2022-03-08T19:22:53.538+02:00
The forex broker released a crypto wallet to funnel donations to support Ukraine.
Justforex said opening new accounts for clients from these countries is no longer allowed.
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Retail FX
Squaredfinancial Partnered with Quant Insight, to Offer iQbyQi to Retail Traders
2022-03-01T12:40:15.560+02:00
Quant Insight was initially limited to institutional traders.
Quant Insight is being led by Mahmood Noorani, a former UBS options trader.
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Retail FX
Banxso Affirms the Launch in South Africa, Fully Regulated by FSCA
2022-02-20T13:57:10.644+02:00
Banxso plans to operate in 4 countries by the end of 2022.
Banxso to offer trading in forex, stocks, CFDs and cryptocurrencies.
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Retail FX
CySEC Blacklists Four More Forex and Investment Websites
2022-02-15T09:30:54.056+02:00
The Cypriot SEC has banned sites used for forex, CFD and crypto trading.
Investment regulation continues to be a hot topic for the small country.
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