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Retail fx
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Retail FX
2023 Predictions and Trends According to Finance Magnates
2023-01-10T10:25:27.751+02:00
The FM newsroom and Intelligence teams give their opinions on what to look out for in 2023.
The Forex, Fintech, and Crypto trends were discussed.
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Executives
Doto Appoints FXOpen’s Maria Markidou as Executive Director
2022-11-07T22:12:50.695+02:00
Markidou was previously the Regional Director of FXOpen.
She brings 14 years of experience to the job.
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Executive Moves
Christoforos Psyllides Becomes New Executive Director at Fortrade Cyprus
2022-07-29T19:25:00.000+02:00
He worked for audit companies like EY.
Psyllides has been the Audit Partner at NextGen Pro since May 2019.
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Analysis
Analysis
Analysis
The Middle East: A New Leader in Global FX Ecosystem?
2022-06-03T14:00:38.568+02:00
In 2021, Dubai International Financial Center recorded 996 company registrations, the highest level in its history.
Low corporate tax rates and clear financial regulations are playing a major role in the region’s rising popularity among brokers.
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Brokers
NAGA Posts Record Revenue for April 2022
2022-05-19T15:27:19.379+02:00
The company generated revenue of EUR 7 million in the last month.
Preliminary EBITDA came in at EUR 3.6 million.
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Analysis
North American FX Market: Further Challenges or New Opportunities?
2022-04-30T09:32:19.243+02:00
North America is a highly regulated FX market dominated by a small number of brokers.
While the regional market saw consolidation in the past few years, its growth rate fell behind the Asian FX markets.
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Interview: Vantage’s Marc Despallieres Speaks about Asia’s Growing FX Market
2022-04-16T10:51:00.268+02:00
In the last few years, a new generation of Asian retail FX traders has emerged.
According to Marc, the pandemic and rise of copy trading were key drivers behind record trading volumes in Asia.
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Executives
Scope Markets Kenya Names New CEO
2022-04-13T01:36:00.000+02:00
Alex Karanja Njoroge previously worked at ICEA Asset Management as a Financial Advisor.
Waiganjo has worked in a variety of sectors for over 19 years.
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Retail FX
Italy’s Consob Blocks Five New Financial Websites
2022-04-07T23:11:00.000+02:00
Among the websites blacked out are Bitaliana and Preqster Ltd.
Since July 2019, 674 websites have been blocked.
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Retail FX
flatexDEGIRO Extends Partnership with Whitebox
2022-03-31T19:14:18.348+02:00
Both parties signed a Memorandum of Understanding to make it official.
Customers of flatexDEGIRO and Whitebox will be able to invest in a fully digital way.
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Retail FX
Analysis: Australia Has the Largest FX/CFD Market Per Capita in the World
2022-02-15T16:18:46.646+02:00
The number of active retail CFD traders stays at 100,000 in Australia.
In 2021, the average Australian trader deposited more than $8,400 into their CFD account.
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Brokers
The Japanese GMO Click Securities Dominated the FX Scene in 2021
2022-02-03T04:00:00.000+02:00
The Japanese giant had the highest average monthly FX volume
The gap to the next broker in the rank got smaller in 2021
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Brokers
RADEX MARKETS Announces Collaboration with Trading Central
2022-01-13T12:23:04.286+02:00
The partnership will give clients access to several additional tools.
Key features include Analyst Views, MT4/MT5 Alpha Generation and Strategy Newsletters.
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Retail FX
Futu Posts 33% YoY Jump in Trading Volumes during Q3
2021-11-24T12:32:02.000+02:00
Revenues climbed by 83% in the third quarter of 2021.
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FinecoBank Reports Net Profit of over EUR 257 Million in 9M21
2021-11-10T18:38:57.000+02:00
The bank said that it plans to launch in Germany by next year.
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China Regulators Ban Brokers from Hiring Social Media Influencers
2021-11-09T23:13:47.000+02:00
Domestic brokerages are no longer able to hire influencers to attract new customers under the new ruling.
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Brokers
Exclusive: Maxiflex Ltd Voluntarily Renounces Its CIF License
2021-11-09T08:36:32.000+02:00
The owner and operator of EuropeFX has renounced its Cyprus Investment Firm (CIF) license.
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Spreadex Posts Annual Net Profit of £28.5 Million
2021-11-08T11:28:29.000+02:00
The company’s turnover reached £69.2 million during the latest financial year.
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Interview: Equiti’s Iskandar Najjar on Growth, Regional Expansion, and Future Plans
2021-10-21T10:18:30.000+02:00
The CEO of Equiti Group highlighted the Group’s rapid growth.
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Executive Moves
Vantage FX Selects Anton Tsoy as Country Manager for Kazakhstan
2021-10-20T10:31:19.000+02:00
Tsoy has more than 10 years of experience in the brokerage industry.
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Retail FX
TradingView Secures $298 Million in Funding, Receives a Valuation of $3 Billion
2021-10-14T13:42:07.000+02:00
The recent investment round was led by Tiger Global.
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Analysis
Analysis: Retail FX Traders from South Korea Surprisingly Active
2021-10-13T12:19:38.000+02:00
Investors kept funding their FX accounts in August
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VT Markets Expands Global Presence with a New Office in Malaysia
2021-10-01T10:34:22.000+02:00
The company is planning to facilitate regional clients and affiliates through the new office.
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ASIC Announces Cancellation of Pure Strategy’s AFS License
2021-09-27T11:09:53.000+02:00
The authority cancelled the license due to Pure Strategy’s failure to comply with its general obligations.
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Brokers
Fullerton Markets Announces Sponsorship of MiTH
2021-09-20T09:05:11.000+02:00
MiTH is one of the most popular esports teams in Southeast Asia.
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