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Retail
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Retail FX
OANDA Europe Reports £16.3 Million Turnover, Net Profit Drops to £127.8K
2024-10-03T14:55:08.614+02:00
The company's profit before tax decreased from £704.6K to £227.3K.
The firm reported administrative expenses of £16.6 million for the FY 2023.
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Retail FX
NAGA's Unified Website Delivers Integrated Trading, Investing, and Crypto Tools
2024-10-03T12:17:28.619+02:00
The new platform features Social Trading tools, allowing users to follow and copy Lead Traders.
Recently, the company launched its 'Everything Trading' app on Telegram.
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Retail FX
Centroid Integrates Scope Prime’s Liquidity Pools Through API Connection
2024-10-03T11:24:30.113+02:00
Scope Prime has integrated via Centroid Bridge, providing expanded access to deep liquidity pools.
Recently, Centroid has collaborated with DXtrade to support the CFD white-label trading platform on Centroid Risk
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Executives
Trive Appoints Head of Sales, Bringing over Five Years of Industry Experience
2024-10-02T11:32:15.598+02:00
Sunny Lethyy was recently Director of Corporate Partnerships in Vietnam at a Financial company.
Recently, Arkadius Materla has stepped into the role of CEO for the 'Trive Hub' division.
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Executives
Direct Trading Technologies Appoints Former ATC Brokers Head of Business Development
2024-10-01T17:00:43.697+02:00
Isabella Mannucci worked remotely at INFINOX as an Institutional Sales representative.
Earlier, she worked at Gold-i for over two years in an Institutional Sales role.
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Executives
CEO Steps Down after 30 Years at Charles Schwab, Rick Wurster to Lead
2024-10-01T15:47:04.108+02:00
Walt Bettinger became CEO in 2008, growing client assets from $1.14 trillion to $9.74 trillion.
After serving 16 years as CEO, he will step down but remain as Co-Chair of the Board.
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Executives
GO Markets Appoints Head of Sales Following Five-Year Tenure at Pepperstone
2024-10-01T13:24:35.700+02:00
Richa Kawra worked as a Corporate Relationship Manager at AFEX in Melbourne .
Recently, the firm partnered with Currencycloud to automate deposits, withdrawals, and FX rates.
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Retail FX
Markets.com Links Up with TradingView, Bringing CFDs on Forex and Crypto
2024-10-01T10:47:51.398+02:00
The broker, part of Finalto Group, serves over 4.7 million clients in 170 countries.
Recently, the firm partnered with Worldpay to manage global payment processing and fund disbursements.
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Retail FX
ZaraFX Rebrands as Zarvista Capital Markets to Align with Growth Objectives
2024-09-30T11:19:08.346+02:00
The rebranded firm will continue to offer the same services and objectives as ZaraFX.
The firm recently appointed a Chief Business Development Officer and completed its Series A funding round, totaling $2 million.
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Retail FX
MFSA Raises Flag on Impersonation: “Don’t Get Caught in Fake Email Scams”
2024-09-27T12:09:13.042+02:00
Potential fraud can often be identified by unusual communication and urgent requests for personal information.
If unsure, verify the entity’s license and stop communication until confirmed, the regulator suggests.
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Match-Trade’s Prop Trading Solution Enhances Challenge Management in CRM
2024-09-26T11:08:04.583+02:00
The platform offers real-time notifications for phase progression requests for trader communication.
The Broker API supports partial position closure, and users can export data from the Forex CRM into CSV files.
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Retail FX
Webull Canada Launches Options Trading for Hedging and Diversification
2024-09-24T15:33:16.329+02:00
The newly introduced service provides tools for market engagement and income generation.
The firm recently launched TFSAs, RRSPs, and a cash management product.
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Executives
BDSwiss Sees Marketing Manager Joins Growing Wave of Departures
2024-09-20T17:54:12.068+02:00
Finance Magnates reported that at least ten employees, including senior executives, have left the firm.
According to the company, it is “restructuring” and will “cease operations” in certain regions.
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Executives
Former Freetrade Executive Ian Fuller Steps into CTO Role at Investa
2024-09-20T17:06:11.253+02:00
Fuller spent nearly two years at Gatha, building a social booking platform with LLMs and vector databases.
He served as CTO at Runa for nearly three years, leading key projects like a Series B raise.
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Retail FX
StoneX Settles ICE Charges for $20,000 over Trade Practice Violations
2024-09-20T11:12:45.362+02:00
The charges arose from an incident on April 27, 2023, involving opposing buy and sell orders.
No customer harm was reported in connection with the incident.
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Retail FX
MetaQuotes Rolls Out 20 Years of Nasdaq Tick Data Access for Traders
2024-09-19T15:02:11.084+02:00
Users can select from professional and non-professional plans for personal or commercial trading.
A demo account lets users test the service, but real-time data access requires a subscription.
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Retail FX
Axi Enlists John Stones as Brand Ambassador Alongside Manchester City Renewal
2024-09-19T13:34:09.266+02:00
Stones, a defender for Manchester City and the England national team, has over 200 appearances and 13 trophies.
The firm renewed its sponsorship with Manchester City and partnered with Girona FC and Esporte Clube Bahia.
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UK Government and FCA Set to Overhaul PRIIPs Regulation for Retail Investors
2024-09-19T11:27:22.679+02:00
Legislation for the new CCI regime will be introduced to improve transparency for retail investors.
The regulator will not enforce PRIIPs regulations against investment trusts until new legislation is enacted.
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Retail FX
Prop Firm TradersWithEdge Brings Back MT5 with Trading Promotions
2024-09-18T11:21:02.157+02:00
The firm launches 2-for-1 deal on challenge accounts alongside MT5 reintroduction.
Regulators, including ASIC, are increasing scrutiny on prop trading firms and CFD distribution channels.
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Prop Firm QuantTekel Introduces Broker Services after Rebranding from AscendX Capital
2024-09-16T13:16:41.229+02:00
AscendX Capital, active since November 2023, had signalled upcoming changes recently.
The firm is transitioning to a full broker and expanding its Prop Firm services.
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Retail FX
DXtrade XT Ramps Up Prop Trading Tools for Brokers and Firms
2024-09-13T15:52:34.879+02:00
The platform now allows prop firms to set custom session end times for traders.
The firm has expanded its partnership with Centroid Solutions to support DXtrade CFD on Centroid Risk.
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Retail FX
Prop Firm Gold Fund Trader Pulls the Plug after $600 in Sales and Funding Setbacks
2024-09-13T11:40:27.807+02:00
The firm halts operations following delays and the withdrawal of a key investor.
Of 160 accounts, 158 were through giveaways, with 90 active but no funded accounts or pending payouts.
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Retail FX
Wall Street Trader Alexander Gerchik Jumps into Prop Trading with New Platform
2024-09-12T11:12:38.988+02:00
Traders can access capital ranging from $5K to $100K and keep 80% of their profits.
Prop trading is gaining traction, with brokers such as OANDA, Axi, and Hantec Markets expanding into this area.
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Retail FX
Tradu Integrates TradingView’s Real-Time Data and Custom Charting Features
2024-09-12T10:12:24.450+02:00
Users can utilize over 110 drawing tools, 100 technical indicators, and various chart types.
Tradu has launched a crypto exchange with over 40 coins, including Bitcoin and Ethereum.
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Executives
Admirals Veteran Takes on Head of B2B Role at NAGA after 3 Years
2024-09-11T17:04:25.055+02:00
Eugene Danishkin was COO of a fintech B2C company and held senior roles at FX brokers.
He also continues to run his own consulting firm, MBC Ltd., based in Cyprus.
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