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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Retail FX
Saxo and novobanco Collaborate to Drive Digital Investment Access in Portugal
2024-11-22T14:19:56.153+02:00
The collaboration improves novobanco’s services with advanced trading and analytical tools.
Portuguese investors are seeking digital solutions with diverse investment options.
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Retail FX
ICM.com Achieves FSA Approval in Seychelles, Totalling Seven Jurisdictions
2024-11-20T12:04:06.907+02:00
The company is expanding its operations in Latin America, Africa, and India.
The firm plans growth through AI investments and partnerships, including with Swisspod Technologies.
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CySEC Revokes CIFs of Arumpro Capital and Greenpost Trading Europe After Renouncements
2024-11-19T16:33:12.602+02:00
The regulator revoked Arumpro Capital Ltd's CIF authorization on November 11, 2024.
Greenpost Trading Europe Ltd's CIF authorization was withdrawn by CySEC on November 4, 2024.
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FinTech
Revolut Launches UK and EU Stock Trading in 2025 Following FCA Approval
2024-11-18T15:55:11.453+02:00
The firm enters a competitive UK stock trading market, competing with Trading 212 and Freetrade.
The fintech plans to explore tax-advantaged accounts and margin investing in the future.
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Retail FX
Interactive Brokers Predicts Prediction Markets to Surpass Equities in 15 Years
2024-11-15T16:16:41.126+02:00
Thomas Peterffy discusses the market rally following Trump's victory and its impact.
He predicts overnight trading liquidity will soon rival daytime trading.
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Retail FX
ACY Securities Acquires Ingot Brokers South Africa, Secures FSCA License
2024-11-15T12:19:34.860+02:00
South African clients can now access more than 2,200 financial instruments through ACY Securities.
Recently, the firm updated its Swap-Free Account and removed cryptocurrency deposit fees.
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Retail FX
CySEC Flags Multiple Unregistered Websites
2024-11-14T18:28:23.737+02:00
Websites associated with names like WeonMarket, Nortenway, PrimusCFD, Bybit, and VTMarkets are unauthorized.
The regulator urges verification on CySEC’s official site before investing.
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Retail FX
Exinity Integrates TraderEvolution's Platform for Multi-Asset Trading
2024-11-14T09:30:00.000+02:00
The partnership aims to support Exinity’s trading and investing brands in the coming year.
The brands FXTM, Nemo, and PiP World, which cover FX trading, AI investing, and Web3 gaming/edtech, are part of Exinity.
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Executives
Capital.com Names Head of M&A and Corporate Development Based in London
2024-11-12T18:29:27.387+02:00
Salim Sebbata worked as CEO and Director at APM Capital Markets for six months.
He held leadership roles at BUX, Livemarkets, Trade Capital, and CMC Markets.
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Retail FX
Golden Gate Capital Invests in oneZero, Lovell Minnick Partners Continues Support
2024-11-12T15:00:00.000+02:00
Founded in 2009, oneZero provides trading technology to brokers and banks.
EcoSystem and Data Source handle $250 billion daily and process 12 million transactions.
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Retail FX
CFI Hits $1 Trillion Trading Volume in Q3 2024, Expands in UAE, Azerbaijan
2024-11-10T22:01:00.000+02:00
The firm's client base grew rapidly, with funded accounts up 45.93% and active accounts rising 28%.
Recently, the firm appointed Formula 1 World Champion Lewis Hamilton as its global brand ambassador.
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Retail FX
TradingView Adds ThinkMarkets Services to Mobile App for CFD Traders
2024-11-08T19:40:35.335+02:00
The mobile app now provides traders with access to currency pairs, stocks, and commodities.
The brokerage has recently launched prop trading services under the brand name ThinkCapital.
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Retail FX
M4Markets Leverages Swiset’s AI for IB Acquisition and Retention
2024-11-08T13:26:35.847+02:00
Swiset’s AI platform is used in over 150 countries, assisting M4Markets in expanding its network.
Earlier, Trinota Markets, operator of M4Markets, acquired Tixee, a forex and CFD broker.
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Retail FX
Prop Trading Gains AI Integration with Swiset’s Acquisition of PFT
2024-11-07T14:13:31.821+02:00
The acquisition creates a system that supports traders at all levels of experience.
Prop firms now have access to a solution with improved decision-making, risk management, and AI analytics.
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Retail FX
Financial Commission Approves IUX Markets for Membership and Customer Protection
2024-11-07T12:22:07.527+02:00
As a member, IUX clients gain access to services including protection for complaints up to €20K.
The Financial Commission offers an independent platform for resolving disputes in forex, CFDs, and crypto markets.
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Executives
Prop Firm TradersYard Appoints CEO, Launches New Trading Platform
2024-11-05T19:31:16.532+02:00
Backed by €3.5M, the firm aims to double users with new Prop Trading Challenges.
The new platform offers high-stakes trading challenges with up to 95% payout rates.
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Retail FX
CySEC Extends FTX (EU) Suspension, Prohibiting Investment Services
2024-11-05T14:17:28.458+02:00
The firm is allowed to complete ongoing transactions and return client funds under certain conditions.
The regulator's new guidelines clarify capital requirements for CIFs starting in early 2025.
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Retail FX
INFINOX Capital Reports £896K Net Profit amid Revenue Drop in 2024
2024-11-05T12:26:26.924+02:00
The company’s gross profit rose to £3.31 million, driven by a reduction in the cost of sales.
The firm’s profit before tax reached £900K, aided by cost-cutting measures and £15.5K in interest receivables.
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Retail FX
MAP FinTech Integrates Regulatory Solutions with Your Bourse for Brokers
2024-11-05T11:44:03.334+02:00
Brokers gain regulatory and trading support, including risk management, data insights, and tailored APIs.
Recently, Tools for Brokers integrated MAP FinTech’s reporting solution to enhance its regtech offerings.
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Retail FX
Dukascopy Money Market Products Offer Competitive Rates for USD, GBP, and EUR
2024-11-01T19:47:43.067+02:00
The firm launches products with rates up to 5.7% for USD, 5.45% for GBP, and 4.03% for EUR.
Certain clients receive up to 50% off maintenance fees on new money market investments.
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Retail FX
Interactive Brokers' October DARTs Surge 46%, Client Equity Hits $540 Billion
2024-11-01T19:13:13.969+02:00
The firm reported a 28% rise in client accounts, totalling 3.2 million in October.
The company saw 2% increase in client credit balances, reaching $117.6 billion.
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Retail FX
Financial Commission Drops DeltaFX from Membership over “Rule Violations”
2024-11-01T11:22:49.887+02:00
The firm’s clients can no longer claim compensation through the Financial Commission.
The Compensation Fund is available only to members' clients, based on the Committee's rulings.
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Retail FX
CMC Markets Plans NZX Accreditation for Trading and Clearing in 2025
2024-10-31T16:38:33.792+02:00
The application will be submitted to NZ RegCo, which oversees compliance with NZX's market rules.
The firm plans to replicate its Australian model in New Zealand by building a foundation for growth.
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Products
Devexperts Adds AI Driven Support Tools to Devexa for Wealth Managers
2024-10-31T12:05:36.853+02:00
The updated Devexa offers performance charts, asset allocation views, and real-time tracking.
New tools integrate with platforms like WhatsApp and Discord, giving clients access to portfolio data.
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Retail FX
NAGA’s Revenue Reaches €31.7 Million Following the Merger in H1 2024
2024-10-30T15:42:55.037+02:00
The firm reduced operating expenses, lowering direct costs by 30% and personnel costs by 18%.
EBITDA increased by 85% to €2.8 million in H1 2024 due to cost cuts.
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