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Analysis

90% of Respondents See Prop Trading as Future for CFD Brokers

  • Unlike the FX/CFD industry, the prop trading space is not yet highly saturated.
  • The costs of entering the market and acquiring customers are lower, increasing the potential ROI.
Monday, 27/05/2024 | 08:32 GMT by Damian Chmiel
Exchanges

Crypto Exchange Spot Volumes Reach Highest Levels in Nearly 4 Years

  • The volume of the TOP 10 exchanges grew by an average of 120% in March.
  • On a yearly basis, the top performers increased their trading from 200% to 600%.
Monday, 08/04/2024 | 11:38 GMT by Damian Chmiel
CryptoCurrency

Bitcoin Rally Fuels 5th Consecutive Month of Growth in Feb 2024 Crypto Trading Volumes

  • Trading numbers rose 5% on a monthly basis and 22% on a yearly basis.
  • ByBit was the biggest gainer, jumping to the 2nd spot among the biggest exchanges by volume.
Wednesday, 13/03/2024 | 10:23 GMT by Damian Chmiel
CryptoCurrency

Crypto Exchanges Hit New Record, Leader Gains 600% in a Year

  • January 2024 sees crypto exchange volumes grow 23% year-on-year.
  • Binance remains on top spot, but ByBit leads with a sixfold increase.
Wednesday, 07/02/2024 | 21:00 GMT by Damian Chmiel
Retail FX

Saxo Bank's Clients Lead FX/CFD Market with 38% Profitability in December 2023

  • The profitability of FX/CFD brokers increased in the second half of 2023.
  • In December, the best results were achieved by clients of Saxo, TeleTrade, and Hantec.
Monday, 22/01/2024 | 09:23 GMT by Damian Chmiel
CryptoCurrency

Bitcoin ETF Fever Boosts Crypto Spot Volumes by 60% YoY in December 2023

  • December 2023's crypto volumes hit a record high since June 2022, led by Binance.
  • The dynamic growth was possible due to the anticipation of Bitcoin spot ETFs.
Wednesday, 17/01/2024 | 07:50 GMT by Damian Chmiel
Analysis

Intelligence Report: Betting on Brazil and Mexico. Is It Worth It?

  • Brazil and Mexico Are the Largest Economies of LATAM
  • Both Countries Are the Most Populous
Tuesday, 19/12/2023 | 17:45 GMT by Sylwester Majewski
Retail FX

Intelligence Report: Don't Let Your CFD Business Miss the New AI Revolution

  • Finance Magnates has explored how AI can assist your brokerage.
  • Discover the opportunities and challenges facing the CFD industry.
Thursday, 14/12/2023 | 13:38 GMT by Damian Chmiel
Analysis

Analysis: Monthly FX/CFD Deposits Kept Growing in October

  • Third consecutive month of growth.
  • Switzerland tops the rank again.
Wednesday, 13/12/2023 | 13:56 GMT by Sylwester Majewski
CryptoCurrency

Bitcoin Breaks Barriers: Crypto Exchanges Volumes Soar to 8-Month High

  • Bitcoin's November rise to 19-month highs spurred a surge in spot crypto trading.
  • Binance maintained its top position, but OKX has now jumped onto the podium.
Friday, 08/12/2023 | 13:14 GMT by Damian Chmiel
Analysis

Analysis: Retail FX/CFD Investors With Record Deposits

  • Retail investors reduced withdrawing their funds in September.
  • A record value of NET deposits was registered.
Friday, 01/12/2023 | 14:38 GMT by Sylwester Majewski
Retail FX

Retail Traders See No Profit Bump in October, FX/CFD Brokers' Data Shows

  • In October, over 36% profitability was achieved by TeleTrade and Saxo Bank clients.
  • The overall profitability of traders remained unchanged compared to September.
Tuesday, 21/11/2023 | 14:58 GMT by Damian Chmiel
CryptoCurrency

"Uptober" Takes Crypto Exchanges to New Heights: Best in 4 Years

  • Crypto exchanges reported an impressive recovery in October 2023.
  • Binance remains the biggest platform, while ByBit jumps to the third spot.
Friday, 17/11/2023 | 11:00 GMT by Damian Chmiel
Retail FX

Saxo Bank, TeleTrade Lead in Forex Client Profits in September 2023

  • In September 2023, Saxo Bank and TeleTrade led with 36% client profits.
  • Retail client profitability increased slightly in September 2023.
Friday, 27/10/2023 | 19:52 GMT by Damian Chmiel
CryptoCurrency

Crypto Volumes Hit Rock Bottom: 9 out of 10 Leading Exchanges Report September's Slump

  • The crypto volumes have fallen to their lowest levels this year.
  • Binance, Upbit and Huobi remain in their top spots but also experience lower trading activity.
Thursday, 12/10/2023 | 13:40 GMT by Damian Chmiel
Analysis

Analysis: FX Traders from Singapore Were Most Active in June

  • May hinted at a slowdown, June shows a typical summer lull.
  • June sees a sharp drop in trading activity, Singapore leads.
Thursday, 28/09/2023 | 12:50 GMT by Sylwester Majewski
Retail FX

Analysis: 75% of Retail Investors Are Essentially 'Capital Donors'

  • Most brokerage clients lost money in August 2023, but how much?
  • Finance Magnates launches a new series of monthly analyses.
Monday, 25/09/2023 | 14:34 GMT by Damian Chmiel
Analysis

Analysis: Despite Lower Activity, Retail FX and CFD Deposits Grew in April

  • The average number of transactions declined.
  • The record value of NET deposits was registered.
Thursday, 29/06/2023 | 08:05 GMT by Sylwester Majewski
Analysis

Analysis: March Brought Higher Deposits and More FX Transactions

  • The first quarter of 2023 showed signs of improvement.
  • Hong Kong forex traders deposited the most funds to FX accounts.
Friday, 16/06/2023 | 13:26 GMT by Sylwester Majewski
Technology

Will AI Change the FX/CFD Industry? It’s a Question of “How” Not “If”

  • ChatGPT is rapidly gaining traction in the business world.
  • Elon Musk voices a need to address AI's potential dangers in an uncontrolled development.
Thursday, 01/06/2023 | 09:05 GMT by Sylwester Majewski
Analysis

Analysis: Forex Traders from South Korea Top the Rankings

  • First time deposits rebound from the lows.
  • Chinese traders are less active than usual.
Tuesday, 20/12/2022 | 16:23 GMT by Sylwester Majewski
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