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Executives

Saxo Bank Selects Mads Petersen as Interim CFO as Mette Pedersen Exits

  • Petersen was the Head of Commercial Finance until the appointment.
  • Pedersen is leaving after almost two years of serving as the Group CFO.
Monday, 10/10/2022 | 10:24 GMT by Solomon Oladipupo
Retail FX

EXCLUSIVE: M4Markets Aims for Europe with New CySEC License

  • M4Markets raised an undisclosed sum in capital round earlier in the year.
  • Competitor Equiti Group has also secured a CySEC license.
Monday, 10/10/2022 | 09:13 GMT by Solomon Oladipupo
Executives

OnePro Appoints Mohamed Elsergany as MENA CEO and Global CMO

  • Elsergany was previously PU Prime's Regional Director for MENA.
  • OnePro also hired PU Prime's Mohanad Yakout as the Global Head of Market Research.
Friday, 07/10/2022 | 18:45 GMT by Solomon Oladipupo
Retail FX

FinCom Awards 36% More Compensations to Forex Traders in Q3 2022

  • The number of complaints rose 5% to 809 complaints during Q3 2022.
  • The majority of complaints were about account blockage and funds withdrawal.
Friday, 07/10/2022 | 17:21 GMT by Solomon Oladipupo
Retail FX

Australian Broker Vantage Becomes Newest Member of FinCom

  • FinComm has over 40 approved forex broker members.
  • Moneta Markets separated from Vantage last month.
Friday, 07/10/2022 | 14:14 GMT by Solomon Oladipupo
Retail FX

Forex and Equities Push Saxo Bank's Volume 43% Higher in September

  • The new volume reverses a 3-month consecutive decline in volume.
  • Saxo Bank's net profit sank 41% in the half-year of 2022.
Thursday, 06/10/2022 | 15:10 GMT by Solomon Oladipupo
Institutional FX

CMC Markets Expects 21% Jump in Half-Year FY23’s Net Operating Income

  • The broker estimates NOI will bring in approximately £153M.
  • CMC Markets has launched a UK investment platform as part of diversification plan.
Thursday, 06/10/2022 | 09:48 GMT by Solomon Oladipupo
Retail FX

Spotware Introduces Broker OAuth to Simplify User Authentication

  • The new solution eases KYC checks and the deposit process.
  • It was developed to meet brokers' demand for an easier onboarding process for traders.
Monday, 03/10/2022 | 20:13 GMT by Solomon Oladipupo
Executives

PU Prime’s Mohanad Yakout Joins OnePro as Global Head of Market Research

  • Yakout was previously PU Prime's Market Analysis Manager.
  • His new role is based in Dubai in the United Arab Emirates.
Saturday, 01/10/2022 | 10:59 GMT by Solomon Oladipupo
Retail FX

Germany’s BaFin Says Trading Platform GTS Financial Not Authorized

  • GTS Financial is not under BaFin's supervision.
  • The regulator last month flagged LiquiTrade Limited.
Monday, 19/09/2022 | 13:41 GMT by Solomon Oladipupo
Executives

Mohamed Elsergany Resigns as PU Prime’s Regional Director for MENA

  • Elsergany spent a year in the role.
  • He was previously the MENA Regional Director at CJC Markets Global.
Tuesday, 13/09/2022 | 19:11 GMT by Solomon Oladipupo
Analysis
Analysis
Retail FX
Analysis
Analysis

Can New Offshore Brokers Adapt as MetaQuotes Tightens Its White Label Policy?

  • MT4/5 is the top choice trading platform among CFD brokers, even white labels.
  • But, MetaQuotes' new white label requirements are troubling new offshore brokers.
Friday, 09/09/2022 | 15:16 GMT by Solomon Oladipupo
Executives

M4Markets Promotes Mariliza Karrera to Head of Marketing

  • Karrera was previously a Marketing Executive at Tickmill.
  • She brings seven years of marketing experience to the role.
Thursday, 08/09/2022 | 17:33 GMT by Solomon Oladipupo
Retail FX

Deriv Group Launches New CFD White Label, Deriv X

  • Deriv X was developed based on Devexperts' DXtrade, a SaaS trading solution.
  • The white label is available to traders worldwide, except for those residing in Europe.
Tuesday, 06/09/2022 | 17:34 GMT by Solomon Oladipupo
Executives

Revolut Hires ArgusFX’s Christos Drakos as Executive Director for Cyprus

  • Drakos has been an Executive Director at ArgusFX and OvalX.
  • He has over 10 years of industry experience.
Monday, 05/09/2022 | 20:05 GMT by Solomon Oladipupo
Executives

EXCLUSIVE: Roman Krutyanskiy to Step In as MD of Admirals in Germany

  • Roman Krutyanskiy is to replace Jens Chrzanowski who left Admirals last month.
  • Krutyanskiy says he wants to 'expand and advance' Admirals' presence in Germany.
Friday, 02/09/2022 | 18:04 GMT by Solomon Oladipupo
Executives

Jens Chrzanowski Takes Over XTB Germany from Eliza Dygutowicz

  • Eliza Dygutowicz spent 13 years at XTB.
  • Jens Chrzanowski exited Admiral Markets last month after 11 years of service.
Thursday, 01/09/2022 | 15:36 GMT by Solomon Oladipupo
Executives

Eurotrader Onboards Exinity’s Martin Couper as Head of Global Compliance

  • Couper brings over 15 years of experience to the role.
  • Forex veteran Marcelo Spina last week joined Eurotrader as the new Group CEO.
Monday, 29/08/2022 | 14:06 GMT by Solomon Oladipupo
Retail FX

RoboForex Quits Belarus Three Years after Licensing

  • No reason was stated for the decision.
  • The broker received a license in the country in April 2019.
Thursday, 25/08/2022 | 19:54 GMT by Solomon Oladipupo
Retail FX

CFD Service Provider Bold Prime Becomes Member of FinCom

  • Bold Prime’s membership took effect on August 17th.
  • FinCom has expelled at least two brokers this year.
Thursday, 25/08/2022 | 14:00 GMT by Solomon Oladipupo
Analysis
Analysis
Retail FX
Analysis
Analysis

South Africa FX: Room for Growth or Already Saturated?

  • South Africa is Africa’s largest online retail forex player.
  • But, the shift in regulatory policies is a challenge for industry actors.
Wednesday, 24/08/2022 | 18:06 GMT by Solomon Oladipupo
Executives

EXCLUSIVE: BDSwiss to Welcome AGP Law Firm’s Achilleas Achilleos as CMO

  • Achilleos has over two decades of experience in marketing.
  • He is to assume the role in early September.
Wednesday, 24/08/2022 | 07:00 GMT by Solomon Oladipupo
Retail FX

Your Bourse Appoints Heads for Operations, Customer Success, and Engineering Teams

  • The Heads are Valter Timanov, Maria Porandaikina and Sergey Rudenko, respectively.
  • COO Kate Rutkovskaya recently resigned from the same tech provider.
Thursday, 18/08/2022 | 14:58 GMT by Solomon Oladipupo
Retail FX

EXCLUSIVE: Admirals Joins Forces with TipRanks to Boost Traders' Research Capacity

  • The integration of TipRanks' tools will be introduced early September.
  • The capacity to be introduced as a widget on Admirals' mobile app and website.
Wednesday, 17/08/2022 | 08:07 GMT by Solomon Oladipupo
Executives

IC Markets Promotes Calvin Mangalino to Head of Compliance

  • Mangalino was previously a Compliance Manager at IC Markets.
  • He was also once the Head of Client Experience at AxiCorp.
Monday, 15/08/2022 | 23:20 GMT by Solomon Oladipupo
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