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Cyprus Business Office Shot Up in Motorcycle Drive-By Attack
2024-07-12T09:36:52.887+02:00
The building was shot at by two unidentified individuals on a motorcycle.
According to the police, approximately six shots were fired in total.
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Analysis
Prop Trading Showdown: A Side-by-Side Look at FX/CFDs Brokers' Offerings
2024-05-22T14:49:55.494+02:00
Axi, Hantec Markets, OANDA and IC Markets now offer prop trading.
CFD brokers offer a safer and more regulated trading environment, unlike other prop firms.
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Retail FX
Muinmos, FX Back Office Partner to Upgrade Forex Brokerage Tech
2024-03-14T11:30:00.000+02:00
The collaboration aims to enhance client onboarding and CRM capabilities for brokers globally.
An integrated platform enhances client management efficiency and regulatory compliance.
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Retail FX
Ec Markets Strikes Deal with Snooker Star Judd Trump
2024-01-31T17:06:37.146+02:00
Judd Trump is renowned for his Triple Crown achievement.
He will showcase the Ec Markets' logo during his tournament appearances.
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Retail FX
TriumphFX's Ignored Red Flags: Troubles Date Back to 2015
2023-12-22T16:32:41.368+02:00
TriumphFX's history includes a decade of accusations and warnings from Asian regulators.
As it turns out, the first alert was sent by HK's SFC back in 2015.
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Institutional FX
GTS's Acquisition: Strategic Leap into the World of Forex Trading
2023-10-11T08:52:35.555+02:00
GTS strengthens its presence in the FX market through the acquisition of HC Technologies.
The company expands its workforce by incorporating HC Technologies' skilled professionals.
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Institutional FX
MultiBank Group's Audited 2022 Financial Statement: A 48% Revenue Surge
2023-10-06T15:38:16.856+02:00
MultiBank Group's revenue surpassed US $279 million in 2022.
There was an increase of 35% in net income for 2022.
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Institutional FX
VPS for Forex: Trading Smarter, Not Harder
2023-10-04T09:40:56.840+02:00
Virtual Private Servers allow for autonomous trading and the use of trading bots.
They offer lower latency, enabling faster execution and better uptime.
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Dmytro Spilka
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Op-ed
Retail FX
Op-ed
FX and CFDs Brokerage Licences: To Buy or Apply?
2023-09-14T15:30:00.000+02:00
Costs for licenses differ significantly depending on location.
Regulatory appetite for new market entrants is a key consideration.
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Paul Golden
Technology
Exclusive: Airsoft Named in Israeli Forex Fraud Investigation
2023-09-05T22:21:10.008+02:00
The "complex" investigation "has just begun," an Israeli judge said.
The fraudsters operated fraudulent call centers in Bulgaria, Serbia, Ukraine, Georgia, Israel, and Kosovo.
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Yam Yehoshua
Retail FX
Admirals Fails to Convert 96% More Active Users into Trading Profit in H1
2023-08-31T22:06:02.153+02:00
Net loss came in at €4.8M, which is in stark contrast to a net profit of €24 million in H1 2022.
Similarly, the online trading group's revenue plunged 50% to €21.1 million.
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Retail FX
No More “Screen Switching”: Pepperstone Floats Spread Betting on TradingView
2023-08-31T19:20:04.314+02:00
The feature is available to the broker's traders in the UK.
Pepperstone UK during fiscal year 2022 saw a surge in profit before tax.
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Retail FX
IG Group's American Arm Joins FIA, Expands Its Global Trading Network
2023-08-30T23:59:33.244+02:00
IG entered the US market in 2021 through the $1 Billion acquisition of tastyworks.
The group's revenue from its US operations surged 47% to £191.3M in FY23.
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Executives
M4Markets’ Marilena Iakovou Joins Doo Prime as Chief Marketing Officer
2023-08-24T22:59:11.402+02:00
Doo Prime also hired Mariliza Karrera from M4Markets as the Head of Marketing.
Doo Group, Doo Prime's parent company, recorded solid growth in H1 2023.
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Retail FX
FxPro Relocates to Dubai in MENA Market Dash
2023-08-24T20:26:40.180+02:00
Recently, Moneta Markets and Plus500 got licensed in Dubai.
Zenfinix, TrioMarkets and Scope Markets have also strengthened their MENA teams.
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Retail FX
CySEC Orders RoboMarkets to Stop Giving “Branded Merchandise” to Clients
2023-08-23T14:54:24.201+02:00
The Cypriot watchdog said the practice contradicts MiFIR rules and ESMA's directive.
The regulator recently disclosed plans to conduct on-site visits on a sample of CIFs.
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Retail FX
XTrend Is Latest CySEC-Regulated Broker to Back Argentina's Football Team
2023-08-22T14:51:41.739+02:00
T1Markets and TradeATF previously entered into digital sponsorship deals with AFA.
Last year, Binance signed a five-year sponsorship agreement with the team.
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Retail FX
XTB Takes Spain’s Tougher CFD Marketing Rules in Stride
2023-08-21T21:05:09.328+02:00
CNMV introduced extra rules as 75% of Spanish retail investors lose CFD investments.
XTB will not 'significantly' change its marketing strategy for the Spanish market.
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Dukascopy Grapples with 80% Profit Decline in H1 after Upswing in 2022
2023-08-18T20:46:05.490+02:00
The Swiss broker's trading income slumped 33% to CHF 9.6 million.
The firm reported its second-highest-ever profit last year.
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Retail FX
Trade Nation Caps Off 2022 with 300% Profit Growth in the UK
2023-08-16T23:56:43.285+02:00
The CFD provider recently got licensed in Seychelles.
The firm continues to build up its presence in the sports industry.
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Retail FX
Hirose UK's Profit Swells by 400% in 2023, but Turnover Mirrors 2021
2023-08-12T00:28:14.916+02:00
The British broker's profit previously sank 87% to £59K.
However, the new profit level pales compared to the £465K from the fiscal year 2021.
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Retail FX
Axi Solidifies LatAm Presence as Girona FC’s First Regional Sponsor
2023-08-10T19:22:27.048+02:00
The broker aims to enhance the experience of its traders in the region.
Several brokers have inked various sports deals since the start of the year.
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Retail FX
Darwinex’s Profit Soars 70% in the UK as Trader Equity Remains Stable
2023-08-04T22:57:31.493+02:00
Darwinex's operator, Tradeslide, reported 117% growth in AUM.
The broker recently integrated with Interactive Broker and launched Darwinex Zero.
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Retail FX
CFI Invests in European Football, Inks Deal with Sheffield United
2023-08-04T19:06:52.299+02:00
The broker says the deal will provide "worldwide exposure for our business."
The firm has already established its presence in the MENA sports industry.
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Retail FX
Robinhood’s Revenue Up 10% in Q2, but Active Users Drop by 1M
2023-08-03T00:43:44.348+02:00
The broker reported its first GAAP profitability during the quarter.
Robinhood's shares dropped 6.91% to $11.58 in after-market hours.
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