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Retail fx
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
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Retail FX
Trading Firms Face New Workplace Reality: 35% of Employees Push for Reduced Market Hours
2024-09-27T15:23:30.953+02:00
Flexibility remains a key issue, as many employees struggle to take breaks or manage personal responsibilities.
Firms offering hybrid or flexible work arrangements have higher employee satisfaction.
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Retail FX
Hirose UK Achieves 79.7% Surge in Net Profit despite 1% Revenue Growth
2024-09-10T14:05:39.814+02:00
For the fiscal year 2024, the firm reported a 2.6% increase in profit before tax.
The net profit for the year increased to £530K up from £295K in the previous year.
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Prop Trading Industry Is Divided on “Gamification” amid Consob's “Video Game” Remark
2024-09-04T15:40:00.000+02:00
Consob is concerned about the rise of prop trading firms and linked them to “video games.”
One prop trading executive said, “I don’t really agree with the ‘video game’ label,” while another called Consob’s warning “necessary and timely.”
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Admirals Group Cuts Operating Expenses by 9% and Improves Net Loss in H1
2024-08-30T14:45:13.011+02:00
The firm increased trading revenue by 4% and achieved positive EBITDA.
Last April, it suspended customer onboarding for its EU operations to comply with CySEC.
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Retail FX
LiteFinance Scores Big in Multi-Year Partnership with Leicester City
2024-08-29T18:52:47.578+02:00
The club has a strong global following, particularly in Southeast Asia.
Founded in 2005, LiteFinance provides trading services in 29 languages worldwide.
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AvaTrade Expands to Latin America with Colombian Regulatory Approval
2024-08-27T15:38:13.823+02:00
Founded in 2006, the firm now operates 20 offices worldwide, supporting over 400,000 traders.
The Financial Superintendence of Colombia has authorized the firm for its expansion.
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Retail FX
VT Markets and Newcastle United Kick Off New Partnership
2024-08-16T14:26:23.868+02:00
The club and the firm exchanged tokens of appreciation, including a ‘77’ jersey.
The ceremony was held at Saitama Stadium on July 31.
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Retail FX
Swissquote Reports 19% Revenue Growth: “Record Client Assets” of CHF 68 Billion
2024-08-13T07:34:06.250+02:00
The company’s pre-tax profit for H1 surged 35.9% to CHF 169.7 million.
The firm has raised its 2024 pre-tax profit target to CHF 320 million.
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Retail FX
Prop Firm FXIFY Faces MetaQuotes Ban: US MetaTrader Access Ending
2024-08-12T11:18:04.746+02:00
The firm is to move US traders to DX due to MetaQuotes' directive.
The firm plans to launch FXIFY Futures soon, expanding its product range.
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Markets.com Partners with Worldpay to Enhance Online Payment Transactions
2024-08-02T14:33:02.503+02:00
The collaboration aims to improve the trading process for Markets.com’s 4.7 million users.
Worldpay’s processing capabilities will support trading platforms across 146 countries.
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Retail FX
Trade Nation and TradingView Unite to Trade Forex, Indices, and Commodities
2024-07-30T11:09:39.385+02:00
The integration offers CFD and spread trading on 1,000+ markets with zero commissions.
Earlier, ThinkMarkets and Capital.com joined TradingView to enhance their offerings.
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Retail FX
Prop Trading Firm OANDA Prop Trader Makes Its Way to South Africa
2024-07-27T16:06:15.919+02:00
South African traders can now earn up to 90% profit share by completing a Challenge.
Qualified traders will act as signal providers for OANDA's market positioning.
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Retail FX
ThinkMarkets Teams Up with TradingView to Bring Trading to Desktops
2024-07-26T12:14:03.611+02:00
Users can now trade with the broker’s accounts directly on TradingView.
Recently, the firm launched a prop trading brand named ThinkCapital.
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UK’s FCA Gives Green Light to Kuwait-Based Broker NCM
2024-07-25T16:12:30.214+02:00
Consumers dealing with the firm may be eligible for protections under the FSCS.
The firm also operates in Jordan, Turkey, Malaysia, and the UAE.
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Prop Trading Firm The Trader Forge Pauses Operations over “Compliance Challenges”
2024-07-17T13:12:04.681+02:00
The CEO announced a temporary halt, planning to relaunch in early August.
Past mistakes impacted the firm’s reputation, and the CEO took responsibility.
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PU Prime Gains Financial Commission Membership, Increasing EDR Services
2024-07-16T15:52:24.560+02:00
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.
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Retail FX
Financial Commission Membership Expands Vantage Trading's Service Portfolio
2024-07-09T12:57:43.027+02:00
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.
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FXOpen Expands Trading Options with TradingView Mobile Integration
2024-06-25T16:22:35.843+02:00
Users can access FXOpen's features on TradingView mobile by connecting their account.
The firm provides TradingView as a trading platform option alongside MT 4, MT 5, and TickTrader.
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Executives
Capital.com Names Campbell MacPherson as CEO for Australian Operations
2024-06-25T14:42:28.507+02:00
MacPherson’s career spans strategic leadership roles at FactSet, Glenmoira Consulting, and advisory positions at Jaaims and Caplin Systems.
He holds a Bachelor of Agricultural Science with concentrations in Economics and Agronomy from the University of Melbourne.
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IG US Takes the Plunge with Rebranding to tastyfx
2024-06-24T18:45:54.554+02:00
The trading platform will mostly remain unchanged, with enhancements.
The US retail forex market is expanding, drawing traders due to its varied opportunities.
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Retail FX
CPT Markets UK Achieves £1.15 Million Turnover, Narrowing Operating Loss
2024-06-21T12:48:06.797+02:00
The firm saw revenue growth, with turnover increasing by 46.6% compared to the previous year.
Despite higher turnover, increased administrative expenses led to an operating loss of £24,071 for the year.
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Doo Group Clocks $106.53 Billion in May Trading Volume
2024-06-14T10:38:48.358+02:00
XAU/USD was the top-traded product with a volume of USD 80.99 billion in May.
EUR/USD recorded the highest growth, increasing by 11.26% compared to April.
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ThinkMarkets Brings Apple Pay and Google Pay for MENA Clients
2024-06-13T12:03:21.581+02:00
Traders can fund their accounts using local cards, Google and Apple Pay, supporting several regional currencies.
The firm recently secured regulatory approval for a license from the Dubai Financial Services Authority.
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AvaTrade Expands Offerings: Selects Worldpay as New Payments Partner
2024-06-10T16:29:01.201+02:00
Worldpay's solutions will handle AvaTrade's payments for swift and secure transactions.
The broker has launched AvaFuture, a futures trading platform providing diverse contract options.
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Retail FX
UP Fintech Reports 19% Revenue Surge in Q1, Net Income Doubles
2024-06-05T13:32:32.990+02:00
The company added 28,800 new funded accounts, totalling 933,400.
Commissions rose by 9.2%, while interest income surged by 26.8%.
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