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Retail FX

Exinity Integrates TraderEvolution's Platform for Multi-Asset Trading

  • The partnership aims to support Exinity’s trading and investing brands in the coming year.
  • The brands FXTM, Nemo, and PiP World, which cover FX trading, AI investing, and Web3 gaming/edtech, are part of Exinity.
Thursday, 14/11/2024 | 07:30 GMT by Tareq Sikder
Executives

Capital.com Names Head of M&A and Corporate Development Based in London

  • Salim Sebbata worked as CEO and Director at APM Capital Markets for six months.
  • He held leadership roles at BUX, Livemarkets, Trade Capital, and CMC Markets.
Tuesday, 12/11/2024 | 16:29 GMT by Tareq Sikder
Retail FX

TradingView Adds ThinkMarkets Services to Mobile App for CFD Traders

  • The mobile app now provides traders with access to currency pairs, stocks, and commodities.
  • The brokerage has recently launched prop trading services under the brand name ThinkCapital.
Friday, 08/11/2024 | 17:40 GMT by Tareq Sikder
Retail FX

M4Markets Leverages Swiset’s AI for IB Acquisition and Retention

  • Swiset’s AI platform is used in over 150 countries, assisting M4Markets in expanding its network.
  • Earlier, Trinota Markets, operator of M4Markets, acquired Tixee, a forex and CFD broker.
Friday, 08/11/2024 | 11:26 GMT by Tareq Sikder
Retail FX

INFINOX Capital Reports £896K Net Profit amid Revenue Drop in 2024

  • The company’s gross profit rose to £3.31 million, driven by a reduction in the cost of sales.
  • The firm’s profit before tax reached £900K, aided by cost-cutting measures and £15.5K in interest receivables.
Tuesday, 05/11/2024 | 10:26 GMT by Tareq Sikder
Retail FX

CMC Markets Plans NZX Accreditation for Trading and Clearing in 2025

  • The application will be submitted to NZ RegCo, which oversees compliance with NZX's market rules.
  • The firm plans to replicate its Australian model in New Zealand by building a foundation for growth.
Thursday, 31/10/2024 | 14:38 GMT by Tareq Sikder
Retail FX

NAGA’s Revenue Reaches €31.7 Million Following the Merger in H1 2024

  • The firm reduced operating expenses, lowering direct costs by 30% and personnel costs by 18%.
  • EBITDA increased by 85% to €2.8 million in H1 2024 due to cost cuts.
Wednesday, 30/10/2024 | 13:42 GMT by Tareq Sikder
Retail FX

B2BROKER Steps Up B2CORE with New Android App and iOS Upgrades

  • The latest B2CORE upgrade introduces TOTP as the default two-factor authentication.
  • RudderStack and Amplitude are integrated, enabling real-time tracking and user analytics.
Tuesday, 29/10/2024 | 14:34 GMT by Tareq Sikder
Retail FX

Exclusive: Daman Markets Partners with Dubai Racing Club as Official Event Sponsor

  • The contract signing as the Official Event Partner during the 2024–25 racing season took place at Meydan Racecourse.
  • The sponsorship may enable horse tokenization, combining horse racing with new investment opportunities.
Thursday, 24/10/2024 | 10:42 GMT by Tareq Sikder
Retail FX

tastyfx Partners with TradingView to Integrate Trading for Forex Traders

  • Features include an analytical suite, strategy tester, and custom indicator development with Pine Script.
  • Recently, TradingView integrated Markets.com into its broker network.
Wednesday, 23/10/2024 | 13:42 GMT by Tareq Sikder
Retail FX

Vantage's UK Revenue in FY24 Dips Marginally, but It Reduces Expenses

  • "The increased FX market volatility over the past year has been a factor shaping our results for the year to June 2024, particularly with the exchange losses that affected our profitability," Vantage UK's CEO.
  • Operating profit fell to £76K, down from £197K the previous year.
Monday, 21/10/2024 | 10:44 GMT by Tareq Sikder
Retail FX

Prop Trading: The Funded Trader Collaborates with Volumetrica Trading for New Platform

  • Volumetrica Trading offers professional trading tools developed by individual traders.
  • The launch timeline for the new platform has not been disclosed.
Wednesday, 16/10/2024 | 10:13 GMT by Tareq Sikder
Retail FX

Tradu Partners with Data Intellect for Platform Launch After TradingView Deal

  • The collaboration aims to provide 24/7 development and support for the multi-asset trading platform.
  • Recently, Tradu has partnered with TradingView to provide clients access to charting tools.
Friday, 11/10/2024 | 09:56 GMT by Tareq Sikder
Retail FX

Neex Signs On with FinCom as Approved Broker Member for Dispute Resolution

  • Under this membership, FinCom will provide Neex's clients up to €20,000 protection per complaint.
  • The organization recently appointed Aytugan Khafizov to its Dispute Resolution Committee.
Thursday, 03/10/2024 | 14:37 GMT by Tareq Sikder
Retail FX

NAGA's Unified Website Delivers Integrated Trading, Investing, and Crypto Tools

  • The new platform features Social Trading tools, allowing users to follow and copy Lead Traders.
  • Recently, the company launched its 'Everything Trading' app on Telegram.
Thursday, 03/10/2024 | 10:17 GMT by Tareq Sikder
Retail FX

StoneX Settles ICE Charges for $20,000 over Trade Practice Violations

  • The charges arose from an incident on April 27, 2023, involving opposing buy and sell orders.
  • No customer harm was reported in connection with the incident.
Friday, 20/09/2024 | 09:12 GMT by Tareq Sikder
Retail FX

Axi Enlists John Stones as Brand Ambassador Alongside Manchester City Renewal

  • Stones, a defender for Manchester City and the England national team, has over 200 appearances and 13 trophies.
  • The firm renewed its sponsorship with Manchester City and partnered with Girona FC and Esporte Clube Bahia.
Thursday, 19/09/2024 | 11:34 GMT by Tareq Sikder
Retail FX

Prop Firm TradersWithEdge Brings Back MT5 with Trading Promotions

  • The firm launches 2-for-1 deal on challenge accounts alongside MT5 reintroduction.
  • Regulators, including ASIC, are increasing scrutiny on prop trading firms and CFD distribution channels.
Wednesday, 18/09/2024 | 09:21 GMT by Tareq Sikder
Executives

Admirals Veteran Takes on Head of B2B Role at NAGA after 3 Years

  • Eugene Danishkin was COO of a fintech B2C company and held senior roles at FX brokers.
  • He also continues to run his own consulting firm, MBC Ltd., based in Cyprus.
Wednesday, 11/09/2024 | 15:04 GMT by Tareq Sikder
Retail FX

Hirose UK Achieves 79.7% Surge in Net Profit despite 1% Revenue Growth

  • For the fiscal year 2024, the firm reported a 2.6% increase in profit before tax.
  • The net profit for the year increased to £530K up from £295K in the previous year.
Tuesday, 10/09/2024 | 12:05 GMT by Tareq Sikder
Retail FX

Prop Trading Industry Is Divided on “Gamification” amid Consob's “Video Game” Remark

  • Consob is concerned about the rise of prop trading firms and linked them to “video games.”
  • One prop trading executive said, “I don’t really agree with the ‘video game’ label,” while another called Consob’s warning “necessary and timely.”
Wednesday, 04/09/2024 | 13:40 GMT by Tareq Sikder
Retail FX

XTB Establishes Sponsorships in UAE Boxing and Greek Economics Olympiad

  • The firm has sponsored the Polish young economists' team at the Economics Olympiad.
  • Details of XTB's sponsorship agreements in both the UAE and Greece have not been disclosed.
Tuesday, 03/09/2024 | 15:15 GMT by Tareq Sikder
Retail FX

IUX Signs First Sports Partnership as Official Trading Partner of Fulham FC

  • Founded in 2016, the firm offers currencies, stocks, indices, cryptocurrencies, and commodities.
  • Recently, the firm rebranded from IUX Markets, introducing a new logo and domain.
Tuesday, 03/09/2024 | 09:51 GMT by Tareq Sikder
Retail FX

UP Fintech Reports $87M Revenue and $106B Trading Volume in Q2

  • The firm achieved $5.2M in non-GAAP net income and reported a $7B net asset inflow.
  • Commission income was $34.1 million, while the total account balance grew to $38.2 billion.
Friday, 30/08/2024 | 09:16 GMT by Tareq Sikder
Retail FX

AvaTrade Expands to Latin America with Colombian Regulatory Approval

  • Founded in 2006, the firm now operates 20 offices worldwide, supporting over 400,000 traders.
  • The Financial Superintendence of Colombia has authorized the firm for its expansion.
Tuesday, 27/08/2024 | 13:38 GMT by Tareq Sikder
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