retail FX
Taurex Cuts Annual Losses by £579K as Revenue Doubles in 2024 After Rebranding from Zenfinex
- The company saw turnover rise to £1.95M but still ended the year with a £1.71 million loss.
- Administrative expenses rose slightly to £3.04 million, up from £2.94 million the previous year.
Wednesday, 11/06/2025 | 12:20 GMT by
Tareq Sikder
Forex Firms, Drug Money, and Cyprus: Mayor’s Allegations Spark CySEC Response
- Paphos Mayor alleges Cyprus-based Forex firms are laundering money for Latin American drug cartels.
- The regulator stresses compliance with EU financial and anti-money laundering laws.
Monday, 02/06/2025 | 21:20 GMT by
Tareq Sikder
Finfluencers Telling You What to Trade? UAE Says Not Without a Licence
- The licence covers investment advice, analysis, and content on financial products, platforms, and assets.
- Studies from the UK and Germany show investors risk poor decisions trusting unverified finfluencers online.
Wednesday, 28/05/2025 | 10:18 GMT by
Tareq Sikder
Traders Stay on Platform as Spotware Refines Referrals with cTrader Invite Integration
- Real-time CRM sync and referral tracking give brokers and IBs full visibility into user activity.
- The new features address IB issues like delayed attribution, redirects, and system fragmentation.
Wednesday, 28/05/2025 | 09:55 GMT by
Tareq Sikder
Tradu’s European Retail Traders Get Secure Authentication via Salt Edge Partnership
- Tradu will allow direct funding from bank accounts via Salt Edge’s Payment Initiation Services.
- The partnership provides connections to more than 500 financial institutions across over 20 EU countries.
Tuesday, 27/05/2025 | 10:51 GMT by
Tareq Sikder
ADSS Head of Sales Steps Down After More Than a Decade with the Company
- Ammar Bader focused on sales strategies and growth in the Middle East and North Africa.
- ADSS offers forex and CFD trading services to institutional, private, and retail clients globally.
Thursday, 22/05/2025 | 18:11 GMT by
Tareq Sikder
FCA’s New Complaints Reporting Likely to Affect CFD and Retail Trading Firms
- Five separate data returns will be consolidated into one to reduce burden and improve data quality.
- Firms with more than 500 complaints must report, with CFDs and retail likely included.
Thursday, 22/05/2025 | 13:50 GMT by
Tareq Sikder
Brokeree’s Cross-Platform Copy Trading Gains Support from EBC to Guide Retail Traders
- The partnership helps traders apply risk controls using Brokeree’s Social Trading system.
- EBC offers market insight; Brokeree provides turnkey tech for smarter trading decisions.
Thursday, 22/05/2025 | 09:54 GMT by
Tareq Sikder
82% of FX Brokers Anticipate Higher Volumes, 51% Highlight AI as Key Driver
- 29% of firms surveyed among 68 use server setups older than five years, according to a survey by Acuiti and Avelacom.
- Operational costs are the main growth barrier, especially for brokers and proprietary traders.
Tuesday, 20/05/2025 | 12:08 GMT by
Tareq Sikder
Axi Integrates Low-Latency Tech from Your Bourse; Renews Esporte Clube Bahia Partnership
- The system supports 500K order events per second, with each trade executed in two microseconds.
- Recently, the broker renewed its partnership with Esporte Clube Bahia, active since 2023.
Monday, 19/05/2025 | 11:24 GMT by
Tareq Sikder
FCA Sees Progress in Smaller Firms; Are CFDs Coming Under the Radar of High-Risk Investments?
- Some smaller firms have yet to fully implement the Consumer Duty, impacting their compliance.
- CFDs and other high-risk products are not always sold to suitable clients, raising regulatory concerns.
Thursday, 08/05/2025 | 09:54 GMT by
Tareq Sikder
Webull Adds Visa Direct for Instant Transfers; Expands into Binary Event Contracts
- Visa Direct is a real-time service for sending money to cards, bank accounts, and wallets.
- The firm has partnered with Coinbase Derivatives to offer Bitcoin and Ethereum futures with smaller contracts.
Tuesday, 06/05/2025 | 13:54 GMT by
Tareq Sikder
FCA Warns Tech Firms Not Doing Enough to Stop Illegal Forex Finfluencers
- The regulator urges a rise from two to five years for promoting unauthorised financial schemes.
- Recently, the regulator charged individuals for promoting unauthorised forex schemes, with trials set for 2024 and 2027.
Thursday, 01/05/2025 | 09:35 GMT by
Tareq Sikder
FCA Launches AI Testing and Sandbox for Forex, Commodities, and Other Financial Sectors
- The regulator launched PASS to assist cryptoasset, payments, and wholesale firms entering the UK market.
- Independent research shows firms in FCA sandboxes are more likely to secure funding and stay operational.
Tuesday, 29/04/2025 | 16:01 GMT by
Tareq Sikder
LCG UK Returns to Profit with £478K in 2024, Rebounding from £6M Loss
- The firm returned to operational profitability in H2 2024, as shared by its Managing Director.
- Earlier, the company reported a 25% increase in revenue for 2022, reaching under £2 million.
Monday, 28/04/2025 | 13:13 GMT by
Tareq Sikder
Tickmill Integrates KYC and AML Tools as Sumsub Expands with Chainalysis
- The broker will use facial biometrics, document checks, and AML screening for faster account activation.
- Recently, Sumsub partnered with Chainalysis to provide KYC, AML, and transaction monitoring solutions.
Friday, 25/04/2025 | 09:31 GMT by
Tareq Sikder
Prop Firms and Broker Offerings Enhanced by Centroid’s EAERA Alliance and Match-Trader Risk Integration
- Brokers will gain access to 300+ liquidity connections, smart order routing, and multi-platform support.
- Centroid has also integrated its risk analytics system with Match-Trader for brokers and prop firms.
Thursday, 24/04/2025 | 09:47 GMT by
Tareq Sikder
Hantec Markets UK Returns to Profit in 2024 as Equity Rises to £5.5 Million
- The UK unit reported a £72K profit in 2024, reversing a loss from the previous year.
- The company recently launched InsightPro, offering AI-powered trading signals and real-time trends.
Monday, 14/04/2025 | 11:36 GMT by
Tareq Sikder
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