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Retail FX

UK FCA Warns against Clone of FX Broker Axi

  • AxiCorp owns both Axi and One Financial Markets.
  • The FCA clamped down on a number of clone companies in 2022.
Thursday, 02/02/2023 | 15:11 GMT by Solomon Oladipupo
Executives

HF Markets' Andreas Andreou Joins BDSwiss in Cyprus as CCO

  • Andreou brings over two decades of experience to the role.
  • He previously worked for Cyprus-based brokers IronFX and FXGM.
Wednesday, 01/02/2023 | 21:35 GMT by Solomon Oladipupo
Retail FX

Interactive Brokers’ DARTs Jump 14% in January as Client Accounts Grow

  • The American broker's client accounts grew 2% to 2.13 million.
  • The company posted record profits in Q4 2022.
Wednesday, 01/02/2023 | 19:08 GMT by Solomon Oladipupo
Executives

Anthony Darvall Leaves easyMarkets after 15 Years, Launches Startup

  • Darvall joined easyMarkets in May 2008 in Australia.
  • A number of longtime executives have exited their roles in recent months.
Friday, 27/01/2023 | 22:05 GMT by Solomon Oladipupo
Retail FX

Compensation Sought by FX Traders Worldwide Drops 17% to $12.4M in 2022

  • FinaCom expanded its global presence by 30% last year.
  • The organization also marked its fastest average resolution time since its founding.
Wednesday, 25/01/2023 | 20:09 GMT by Solomon Oladipupo
Retail FX

Compensation Sought by FX Traders from Brokers Drops 3% to $3.3M in Q4

  • This is according to FinCom's Quarterly Complaints Digest for Q4 2022.
  • The EDR body said range bound FX prices as well as winter holidays affected key metrics.
Saturday, 21/01/2023 | 10:46 GMT by Solomon Oladipupo
Retail FX

Baxia Markets Emerges Latest Approved Member of FinCom

  • FinCom recently approved Vida Markets' membership but withdrew IdealFX's.
  • More forex traders demanded compensation from FinCom broker members in Q4 2022.
Friday, 20/01/2023 | 18:50 GMT by Solomon Oladipupo
Retail FX

OANDA Japan Stops fxTrade Desktop Download, Changes USD/JPY Margin Rate

  • However, new web, mobile and table downloads are still available.
  • The Japanese subsidiary increased the margin rate for USD/JPY from 2% to 2.2%.
Friday, 20/01/2023 | 16:29 GMT by Solomon Oladipupo
Retail FX

Germany’s Finanzen.net zero Joins TradingView’s ‘Broker Family’

  • The broker was founded in 2021 by Finanzen.net, a German online financial portal.
  • Finanzen.net zero is the first brokerage to be onboarded by TradingView in 2023.
Thursday, 19/01/2023 | 21:19 GMT by Solomon Oladipupo
Retail FX

Multi-Asset Broker Vantage Signs Supercar Blondie as Brand Ambassador

  • Vantage engaged Supercar Blondie for its ESG programme launch six months ago.
  • The broker has launched some initiatives in recent months.
Wednesday, 18/01/2023 | 17:41 GMT by Solomon Oladipupo
Retail FX

Tradesmarter Introduces ‘WordPress Plugin’ Version of WowTrader

  • The plugin is the industry's first for a white-label solution, Tradesmarter says.
  • Tradesmarter recently integrated TradingView's charting tool into WowTrader.
Tuesday, 17/01/2023 | 14:12 GMT by Solomon Oladipupo
Executives

Louisa Plaice Appointed Head of Public Affairs at Intertrader

  • Plaice is now the combined Head of Marketing and Public Affairs.
  • She brings over 15 years of marketing experience to the expanded role.
Monday, 16/01/2023 | 21:00 GMT by Solomon Oladipupo
Executives

Rostro Appoints John Murphy as CRO of Scope Markets after Acquisition

  • Rostro announced the complete take over of Scope Markets on Monday.
  • In Africa, Scope Markets' Janet Gikonyo's HR duties now cover both Kenya and Nigeria.
Friday, 13/01/2023 | 15:25 GMT by Solomon Oladipupo
Retail FX

Germany’s BaFin Says Online Broker MainTrade Not Authorized

  • BaFin said it reached the decision based on information on the broker's website.
  • The German regulator issued warnings against a number of firms in 2022.
Friday, 13/01/2023 | 13:06 GMT by Solomon Oladipupo
Executives

William Klippel, Former GAIN Capital Exec, Joins Zero Hash

  • Klippel is Zero Hash's new Vertical Head of Investment Platforms.
  • He brings nearly two decades of industry experience to the role.
Thursday, 12/01/2023 | 19:03 GMT by Solomon Oladipupo
Retail FX

FinCom Approves Vida Markets' Membership, Withdraws IdealFX’s

  • Vida Markets' membership took effect on December 12, 2022.
  • IdealFX ceased to be a FinCom member late last year.
Thursday, 12/01/2023 | 16:39 GMT by Solomon Oladipupo
Retail FX

LCG Enlists IG Group, to Engage Other ‘Industry-Leading Providers’

  • The move is part of "major changes" LCG's business is undergoing.
  • The firm recently created a new team to lead it on "a new growth journey."
Friday, 06/01/2023 | 16:16 GMT by Solomon Oladipupo
Executives

Newcomer MCC Markets Hires One-Time Admiral Exec Michael Chen as CEO

  • Chen brings over 15 years of industry experience to the role.
  • MCC Markets is regulated by the Securities Commission of the Bahamas.
Tuesday, 03/01/2023 | 20:21 GMT by Solomon Oladipupo
CryptoCurrency

Crypto Exchange Upbit Strikes Deal with Italian Football Club Napoli

  • Upbit's branding will appear on the back side of the club's players' shirts.
  • Recently, Ebury inked a sponsorship deal with another Italian football club.
Tuesday, 03/01/2023 | 18:23 GMT by Solomon Oladipupo
Retail FX

Admirals Secures Kenyan License, Plans Takeover in Seychelles

  • Admirals obtained a South African license six months ago.
  • The firm's Cypriot and South African subsidiaries are involved in the Seychelles takeover.
Thursday, 29/12/2022 | 22:45 GMT by Solomon Oladipupo
Executives

CXM Prime Gains FCA License, Appoints Muinmos’ Ashraf Agha as CEO

  • The broker also hired Peter Wilson as the Head of Compliance.
  • Agha brings over three decades of industry experience to the role.
Tuesday, 27/12/2022 | 19:22 GMT by Solomon Oladipupo
Retail FX

Spotware Introduces Copy Trading to New Version of cTrader Desktop

  • Users now access about a thousand strategies for copy trading.
  • Spotware recently introduced a shared account feature to cTrader Mobile, Web and Desktop.
Thursday, 22/12/2022 | 21:43 GMT by Solomon Oladipupo
Retail FX

French Regulators Uncover 15 Illegal Forex Platforms

  • The number of blacklisted forex sites dropped 30% to 49 in 2022.
  • The number of French retail investors declined by 35% during Q3 2022.
Wednesday, 21/12/2022 | 18:01 GMT by Solomon Oladipupo
Executives

Century Financial Promotes Mahmoud Elaref to VP Private Wealth

  • Elaref brings about 16 years of financial industry experience to the role.
  • He was previously a Relationship Manager at Hantec Markets.
Monday, 19/12/2022 | 15:45 GMT by Solomon Oladipupo
Retail FX

CySEC Reaches New €100k Settlement with BCM Begin Capital Markets

  • BCM Begin paid a €170k settlement to CySEC over six months ago.
  • Both settlements are for possible violations of the same rules.
Friday, 16/12/2022 | 16:40 GMT by Solomon Oladipupo
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