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Retail brokers
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Oil in An Age of Oversupply: Why Venezuela’s Shock Won’t Move
Thought Leadership
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Oil in An Age of Oversupply: Why Venezuela’s Shock Won’t Move
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Retail FX
These Factors Drive Traders' Decisions When Choosing Brokers, Study Reveals
2024-07-01T17:38:14.553+02:00
The study by FXStreet identified that traders prioritize broker reliability indicators such as licensing, withdrawal times, and customer support.
The red flags include poor reviews and regulatory issues.
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Retail FX
FXOpen Expands Trading Options with TradingView Mobile Integration
2024-06-25T16:22:35.843+02:00
Users can access FXOpen's features on TradingView mobile by connecting their account.
The firm provides TradingView as a trading platform option alongside MT 4, MT 5, and TickTrader.
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Retail FX
Webull Canada Enhances Investment Options with TFSA and RRSP Accounts
2024-06-25T15:18:58.309+02:00
TFSAs allow tax-free growth on investments, while RRSPs offer a savings plan for retirement contributions.
New accounts have followed Webull Canada's high-interest cash management launch.
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Executives
Capital.com Names Campbell MacPherson as CEO for Australian Operations
2024-06-25T14:42:28.507+02:00
MacPherson’s career spans strategic leadership roles at FactSet, Glenmoira Consulting, and advisory positions at Jaaims and Caplin Systems.
He holds a Bachelor of Agricultural Science with concentrations in Economics and Agronomy from the University of Melbourne.
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Retail FX
IG US Takes the Plunge with Rebranding to tastyfx
2024-06-24T18:45:54.554+02:00
The trading platform will mostly remain unchanged, with enhancements.
The US retail forex market is expanding, drawing traders due to its varied opportunities.
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Retail FX
CPT Markets UK Achieves £1.15 Million Turnover, Narrowing Operating Loss
2024-06-21T12:48:06.797+02:00
The firm saw revenue growth, with turnover increasing by 46.6% compared to the previous year.
Despite higher turnover, increased administrative expenses led to an operating loss of £24,071 for the year.
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Retail FX
Capital.com Partners with Trulioo to Fast-Track Onboarding
2024-06-20T16:53:57.421+02:00
The broker has expanded Person Match to 17 countries to enhance customer onboarding.
Trulioo's data-driven approach enhances accuracy and speed in verifying clients.
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Executives
Former MultiBank Sales Director Takes Helm as CEO at MHMarkets
2024-06-14T14:50:59.470+02:00
Chokri Houimli's experience includes roles at One Financial Markets, Alpari (UK) Ltd, and the National Bank of Umm Al Quwain.
He served as Sales Director at MultiBank Group for over five years in Dubai.
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Retail FX
Doo Group Clocks $106.53 Billion in May Trading Volume
2024-06-14T10:38:48.358+02:00
XAU/USD was the top-traded product with a volume of USD 80.99 billion in May.
EUR/USD recorded the highest growth, increasing by 11.26% compared to April.
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Retail FX
ThinkMarkets Brings Apple Pay and Google Pay for MENA Clients
2024-06-13T12:03:21.581+02:00
Traders can fund their accounts using local cards, Google and Apple Pay, supporting several regional currencies.
The firm recently secured regulatory approval for a license from the Dubai Financial Services Authority.
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Retail FX
Zenfinex Reports 72% Surge in Revenue for 2023, Yet Faces Operating Losses
2024-06-12T14:53:15.558+02:00
The firm's direct costs amounted to £0.20 million, indicating a notable observation.
Administrative expenses amounted to £2.94 million, surpassing gross profit.
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Retail FX
AvaTrade Expands Offerings: Selects Worldpay as New Payments Partner
2024-06-10T16:29:01.201+02:00
Worldpay's solutions will handle AvaTrade's payments for swift and secure transactions.
The broker has launched AvaFuture, a futures trading platform providing diverse contract options.
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Executives
Exinity Welcomes New Senior VP for Business Development
2024-06-10T12:22:22.346+02:00
Andrew Speakman has joined Exinity after nearly 13 years at Hantec Markets.
He holds a degree in Economics from the University of Manchester.
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Retail FX
Futu Buys into Airstar Bank, Now Holds 44.1% Indirect Stake
2024-06-07T10:19:39.657+02:00
The firm has invested HKD440 million in Airstar Bank, becoming its second largest beneficial owner.
Earlier, its Moomoo App introduced 24-hour trading for US stocks in Singapore and Australia.
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Retail FX
ADSS Opens Up Trading for Abu Dhabi Exchange Listed Companies
2024-06-06T15:32:36.317+02:00
The firm now provides access to various local market sectors, including finance, energy, and telecom.
Regulated by the SCA, fund transfers are facilitated through UAEPGS and the Central Bank of the UAE.
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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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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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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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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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Damian Chmiel
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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