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Retail FX
ACY Securities Acquires Ingot Brokers South Africa, Secures FSCA License
2024-11-15T12:19:34.860+02:00
South African clients can now access more than 2,200 financial instruments through ACY Securities.
Recently, the firm updated its Swap-Free Account and removed cryptocurrency deposit fees.
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Retail FX
CySEC Flags Multiple Unregistered Websites
2024-11-14T18:28:23.737+02:00
Websites associated with names like WeonMarket, Nortenway, PrimusCFD, Bybit, and VTMarkets are unauthorized.
The regulator urges verification on CySEC’s official site before investing.
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Exinity Integrates TraderEvolution's Platform for Multi-Asset Trading
2024-11-14T09:30:00.000+02:00
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.
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Executives
Capital.com Names Head of M&A and Corporate Development Based in London
2024-11-12T18:29:27.387+02:00
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.
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Retail FX
Golden Gate Capital Invests in oneZero, Lovell Minnick Partners Continues Support
2024-11-12T15:00:00.000+02:00
Founded in 2009, oneZero provides trading technology to brokers and banks.
EcoSystem and Data Source handle $250 billion daily and process 12 million transactions.
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Retail FX
CFI Hits $1 Trillion Trading Volume in Q3 2024, Expands in UAE, Azerbaijan
2024-11-10T22:01:00.000+02:00
The firm's client base grew rapidly, with funded accounts up 45.93% and active accounts rising 28%.
Recently, the firm appointed Formula 1 World Champion Lewis Hamilton as its global brand ambassador.
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TradingView Adds ThinkMarkets Services to Mobile App for CFD Traders
2024-11-08T19:40:35.335+02:00
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.
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Retail FX
M4Markets Leverages Swiset’s AI for IB Acquisition and Retention
2024-11-08T13:26:35.847+02:00
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.
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Retail FX
Prop Trading Gains AI Integration with Swiset’s Acquisition of PFT
2024-11-07T14:13:31.821+02:00
The acquisition creates a system that supports traders at all levels of experience.
Prop firms now have access to a solution with improved decision-making, risk management, and AI analytics.
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Retail FX
Financial Commission Approves IUX Markets for Membership and Customer Protection
2024-11-07T12:22:07.527+02:00
As a member, IUX clients gain access to services including protection for complaints up to €20K.
The Financial Commission offers an independent platform for resolving disputes in forex, CFDs, and crypto markets.
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Executives
Prop Firm TradersYard Appoints CEO, Launches New Trading Platform
2024-11-05T19:31:16.532+02:00
Backed by €3.5M, the firm aims to double users with new Prop Trading Challenges.
The new platform offers high-stakes trading challenges with up to 95% payout rates.
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Retail FX
CySEC Extends FTX (EU) Suspension, Prohibiting Investment Services
2024-11-05T14:17:28.458+02:00
The firm is allowed to complete ongoing transactions and return client funds under certain conditions.
The regulator's new guidelines clarify capital requirements for CIFs starting in early 2025.
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Retail FX
INFINOX Capital Reports £896K Net Profit amid Revenue Drop in 2024
2024-11-05T12:26:26.924+02:00
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.
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Retail FX
MAP FinTech Integrates Regulatory Solutions with Your Bourse for Brokers
2024-11-05T11:44:03.334+02:00
Brokers gain regulatory and trading support, including risk management, data insights, and tailored APIs.
Recently, Tools for Brokers integrated MAP FinTech’s reporting solution to enhance its regtech offerings.
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Retail FX
Dukascopy Money Market Products Offer Competitive Rates for USD, GBP, and EUR
2024-11-01T19:47:43.067+02:00
The firm launches products with rates up to 5.7% for USD, 5.45% for GBP, and 4.03% for EUR.
Certain clients receive up to 50% off maintenance fees on new money market investments.
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Interactive Brokers' October DARTs Surge 46%, Client Equity Hits $540 Billion
2024-11-01T19:13:13.969+02:00
The firm reported a 28% rise in client accounts, totalling 3.2 million in October.
The company saw 2% increase in client credit balances, reaching $117.6 billion.
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Retail FX
Financial Commission Drops DeltaFX from Membership over “Rule Violations”
2024-11-01T11:22:49.887+02:00
The firm’s clients can no longer claim compensation through the Financial Commission.
The Compensation Fund is available only to members' clients, based on the Committee's rulings.
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Retail FX
CMC Markets Plans NZX Accreditation for Trading and Clearing in 2025
2024-10-31T16:38:33.792+02:00
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.
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Products
Devexperts Adds AI Driven Support Tools to Devexa for Wealth Managers
2024-10-31T12:05:36.853+02:00
The updated Devexa offers performance charts, asset allocation views, and real-time tracking.
New tools integrate with platforms like WhatsApp and Discord, giving clients access to portfolio data.
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Retail FX
NAGA’s Revenue Reaches €31.7 Million Following the Merger in H1 2024
2024-10-30T15:42:55.037+02:00
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.
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Executives
Former Virgin Money Executive Joins IG Group as CFO
2024-10-30T13:20:32.704+02:00
Previously, Clifford Abrahams was CFO at ABN AMRO and Dutch insurer Delta Lloyd Group.
He has a background in finance, with roles at Morgan Stanley and Aviva.
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Retail FX
B2BROKER Steps Up B2CORE with New Android App and iOS Upgrades
2024-10-29T16:34:00.237+02:00
The latest B2CORE upgrade introduces TOTP as the default two-factor authentication.
RudderStack and Amplitude are integrated, enabling real-time tracking and user analytics.
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Retail FX
Exclusive: Daman Markets Partners with Dubai Racing Club as Official Event Sponsor
2024-10-24T12:42:05.623+02:00
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.
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Executives
OMOA Names Former Fime Director as New COO for Retail Division
2024-10-23T18:46:40.535+02:00
Mathias Estrade’s new role at OMOA follows his leadership at Fime, Solvethys, and TSI Payment.
He co-founded Solvethys and held senior product and compliance roles in financial services.
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Retail FX
tastyfx Partners with TradingView to Integrate Trading for Forex Traders
2024-10-23T15:42:36.156+02:00
Features include an analytical suite, strategy tester, and custom indicator development with Pine Script.
Recently, TradingView integrated Markets.com into its broker network.
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