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Global Head of Sales at BDSwiss, with Past Roles at FXGM and FxGrow, Steps Down
- Marios Morfakis has resigned from his position after serving for 1 year and 8 months at BDSwiss.
- BDSwiss has secured a UAE SCA Category 5 license, for its MENA forex and CFD services.
Friday, 06/09/2024 | 12:20 GMT by
Tareq Sikder
IC Markets Gets Hit Again with €50K Fine from CySEC after €200K Penalty
- The regulator has imposed the fine for not meeting standards for client order execution and cost transparency.
- Earlier, the firm was fined by the regulator for exceeding the EU’s 30:1 leverage limit.
Wednesday, 04/09/2024 | 13:20 GMT by
Tareq Sikder
IUX Signs First Sports Partnership as Official Trading Partner of Fulham FC
- Founded in 2016, the firm offers currencies, stocks, indices, cryptocurrencies, and commodities.
- Recently, the firm rebranded from IUX Markets, introducing a new logo and domain.
Tuesday, 03/09/2024 | 09:51 GMT by
Tareq Sikder
RoboMarkets Debuts Trading API for R StocksTrader, Supporting Algorithmic Trading
- The firm removes all order placement fees on R StocksTrader starting September 2, 2024.
- The platform features over 150 stocks, including Reddit Inc., Artiva Biotherapeutics, Asana, and Y-mAbs Therapeutics.
Friday, 23/08/2024 | 10:45 GMT by
Tareq Sikder
FCA Slaps £276K Fine on FXTB for Unauthorised Investment Advice
- Customers were pressured into CFD trading and encouraged to borrow from friends and family, FCA claims.
- The initial fine of £1.21 million was reduced due to FXTB's demonstration of serious financial hardship.
Wednesday, 14/08/2024 | 09:56 GMT by
Tareq Sikder
Scope Markets Taps Doo Group Veteran as Global Head Business Development
- Fraser Nelson held various positions at Doo Group, including serving as Head of Institutional Clients.
- The appointment follows Scope Markets' recent rebrand to enhance global market accessibility.
Wednesday, 14/08/2024 | 08:24 GMT by
Tareq Sikder
Axi and Girona FC Extend Their Winning Streak with New Two-Season Deal
- The Penalty Challenge featured Girona players showing off their football and trading skills.
- The firm also partners with Manchester City FC, Manchester City Women, and Esporte Clube Bahia.
Monday, 12/08/2024 | 12:06 GMT by
Tareq Sikder
B-Book Prime of Primes Are Risky for Brokers, but A-Book Counterparts Are Rare
- Agreements between B-book prime of primes and brokers often end up in disputes during periods of heavy losses.
- Although A-book prime of primes have benefits, they need direct access to bank prime brokers.
Monday, 29/07/2024 | 09:42 GMT by
drew niv
PU Prime Gains Financial Commission Membership, Increasing EDR Services
- The firm's customers have access to various benefits, including protection of up to €20,000 per complaint.
- Founded in 2016, it offers trading in over 900 products, including forex, indices, commodities, shares, bonds, and ETFs.
Tuesday, 16/07/2024 | 13:52 GMT by
Tareq Sikder
Interactive Brokers Cites 'Administrative Challenges' to Delay Prediction Exchange Launch
- ForecastEx will allow clients to trade on US economic and global climate events.
- Interactive Brokers is the first Futures Commission Merchant to join ForecastEx.
Wednesday, 10/07/2024 | 08:43 GMT by
Tareq Sikder
Financial Commission Membership Expands Vantage Trading's Service Portfolio
- Membership grants Vantage Trading and clients access to up to €20,000 per complaint.
- The Financial Commission provides mediation services as an alternative to traditional processes.
Tuesday, 09/07/2024 | 10:57 GMT by
Tareq Sikder
Exness Aims at Spanish-Speaking Traders: Adds Two More Finfluencers to Team Pro
- Argentina-based Adrian Nardelli and Colombia-based Bran Desalcedo are the new additions to Exness Team Pro.
- Both of them run trading academies and have a significant number of followers on social media.
Tuesday, 09/07/2024 | 08:35 GMT by
Arnab Shome
These Factors Drive Traders' Decisions When Choosing Brokers, Study Reveals
- The study by FXStreet identified that traders prioritize broker reliability indicators such as licensing, withdrawal times, and customer support.
- The red flags include poor reviews and regulatory issues.
Monday, 01/07/2024 | 15:38 GMT by
Jared Kirui
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