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Retail brokers
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Retail FX
UP Fintech Reports 19% Revenue Surge in Q1, Net Income Doubles
2024-06-05T13:32:32.990+02:00
The company added 28,800 new funded accounts, totalling 933,400.
Commissions rose by 9.2%, while interest income surged by 26.8%.
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Retail FX
Plus500 Leaves Competitors Behind with $3,115 in Revenue Per Client
2024-06-04T15:40:00.000+02:00
Finance Magnates has delved into the recent financial results of the Israeli broker to dissect through different parameters.
Revenue per client remained strong last year as a drop in overall income was matched by a fall in the number of active customers.
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Retail FX
Public Teams Up with CLEAR to Simplify Identity Verification for Investors
2024-05-30T19:08:11.725+02:00
This collaboration aims to leverage CLEAR's expertise in identity verification to enhance Public's user experience.
It highlights CLEAR’s expansion, backed by its brand, regulatory knowledge, and 22 million users.
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Retail FX
TradingView Integration Expands Dhan's Offerings of Options Trading
2024-05-30T16:50:00.325+02:00
The integration across web, desktop, and mobile, facilitates cross-platform trading in stocks and futures.
TradingView has launched TradingView Options for modeling option spreads with customizable parameters.
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Retail FX
CySEC Withdraws FXTM's CIF Authorisation Following Renunciation
2024-05-24T14:27:43.377+02:00
The authorisation was revoked on May 20, 2024, following the company's decision to renounce it.
The firm ceased operations under its Cypriot entity effective December 31, 2023.
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Retail FX
FCA Reveals Scammers Imitating Finalto Financial Services
2024-05-21T18:07:02.640+02:00
The FCA advises verifying the authenticity of financial firms to avoid falling victim to scams.
Engaging with the fraudulent firm means no financial protection services are available.
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Retail FX
Exclusive: Former Admirals and Alpari Board Member Launches FX/CFD Broker
2024-05-20T16:10:25.371+02:00
Bartosz Bielec, a market veteran with 20 years of experience, started a new CFD business.
Prime Quotes has already acquired licenses, allowing for expansion in Africa and Asia.
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Retail FX
CFI Reaches Record High: Trading Volume Surpasses $557 Billion in Q1
2024-05-14T14:41:46.269+02:00
The company reported 24% increase in trading volume compared to Q1 2023.
The firm's active client base surged by 80% compared to the preceding year's Q1.
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Retail FX
Tools for Brokers and SALVUS Funds Partner to Facilitate Broker Launch
2024-05-09T10:45:00.926+02:00
The joint offering provides White Label packages, liquidity bridge, risk management tools, server hosting, and KYC assistance.
SALVUS Funds aids brokers in securing specialized licenses, advising efficient choices for new firms.
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Retail FX
Capital.com Hits $1.2 Trillion in Client Trading Volumes, Sees 53% Surge
2024-05-07T11:05:49.320+02:00
In Q1 2024, the firm saw trading volumes hit $337 billion, with active traders increasing by 17%.
Indices dominated trading, representing 79% of volumes, while commodities accounted 58%.
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Executives
eToro Welcomes Back Naomi Rarmani as Head of Compliance Operations
2024-05-07T10:21:53.567+02:00
Rarmani brings compliance and operational management experience from roles at Rapyd, Fundbox.
Earlier, at eToro, she ascended from Customer Care Representative to Compliance Team Leader.
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Retail FX
CFI Obtains Regulatory Approval for South African Operations
2024-05-02T12:51:28.896+02:00
The company has secured a Category 1 FSP license from the Financial Sector Conduct Authority.
The firm holds regulatory licenses from the UK, UAE, Cyprus, Jordan, and Egypt.
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Retail FX
South African Cricketer Brings '360-Degree Proficiency' to Markets4you as Brand Ambassador
2024-04-30T11:06:45.910+02:00
The collaboration integrates cricket insights into trading strategies, emphasizing trader enablement.
AB de Villiers, a cricket legend is known for his versatile batting and game-changing performances.
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Executives
Taurex's Head of LATAM Jeffrey Navarro Announces Departure
2024-04-12T16:17:13.688+02:00
Navarro led Taurex's LATAM division for over 2 years, contributing to its regional growth.
The firm previously concluded its Series B funding round securing $15 million.
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Retail FX
CFI Notes Role as Partner in Saudi Super Cup's Abu Dhabi Inauguration
2024-04-05T10:58:54.715+02:00
The firm's advertisements, logos, and commercials will be positioned to enhance visibility and engagement.
Earlier, the firm partnered with PSG, AC Milan, Sheffield United F.C., and the Jordan Football Association.
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Retail FX
XTB Surpasses One Million Customer Milestone amidst Fintech Expansion
2024-04-03T11:47:20.643+02:00
After expanding its offerings, XTB has seen its clientele double since late 2021.
The firm's 'Social' service lets users track expert and personal investment strategies.
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Retail FX
IC Markets Joins Industry Trend with Soft Launch of Prop Trading Offering
2024-03-29T15:15:58.935+02:00
The platform, accessible via the URL ICFunded.com, is currently in beta testing.
The prop trading landscape is in upheaval amid reports concerning MetaQuotes.
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Retail FX
FSC Mauritius Announces Termination of Pure North Markets’ Broker License
2024-03-27T15:35:38.816+02:00
The decision, in line with the Financial Services Act, became effective on March 18, 2024.
Recently, the regulator cautioned against several unlicensed entities.
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Retail FX
Exclusive: eToro Plans for IPO, but Is It Wise to Become a Public Broker?
2024-03-19T15:40:00.000+02:00
Drew Niv explains the intricacies of taking a broker public.
Public brokers must maintain earnings stability, consistency, and predictability.
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Retail FX
eToro Collaborates with NewDeal Invest to Launch 'NDI-Future Tech'
2024-03-05T11:09:46.396+02:00
NewDeal Invest researches over 100 Nasdaq-listed tech firms.
Investors can track the portfolio's performance with tools and charts from a $500 investment.
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Retail FX
ZaraFX Raises the Bar: Lands $2 Million in Series A Funding
2024-03-04T17:26:21.590+02:00
The company celebrates the inauguration of its latest office in Dubai.
Previously, the firm appointed new executives as COO and CFO.
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Retail FX
Belarusian Broker MTBankFX Announces End of Global Investment Operations
2024-02-29T12:48:34.648+02:00
Clients are urged to close their current positions no later than May 30, 2024.
Recently, a retail broker Fortrade's authorization in Belarus was revoked.
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Retail FX
OnEquity's FSCA License Enhances South African Market Presence
2024-02-19T15:08:07.127+02:00
The firm also maintains a Seychelles Securities Broker License.
In the region, substantial growth has been projected for digital asset market revenues.
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Retail FX
Exclusive: Prop Trading Firm FTMO Halts US Client Acquisition amid MetaQuotes Crackdown
2024-02-18T15:10:25.534+02:00
The firm informed its clients about the migration to the new DXtrade platform.
New traders attempting to register from a US IP address were unable to complete the registration form.
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Retail FX
Ec Markets Strikes Deal with Snooker Star Judd Trump
2024-01-31T17:06:37.146+02:00
Judd Trump is renowned for his Triple Crown achievement.
He will showcase the Ec Markets' logo during his tournament appearances.
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