Plus500 results
November 20, 2018 BY LeapRate Staff

Plus500: 2018 results ahead of previous market expectations

FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has issued a second Trading Update during Q4. After indicating (in late October) that its Q3 Revenues fell by 40% from the previous quarter to $100.1 million, Plus500 has now announced that the strong momentum reported in its Q3 Trading Update has continued into November to date. Accordingly, the…

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social trading
November 19, 2018 BY LeapRate Staff

Amana Capital adds social trading with ZuluTrade platform

Global online brokerage firm Amana Capital has announced that in line with its strategy to provide additional unique products and services to its clients, the brokerage services group is adding support for ZuluTrade. The new product available to the broker’s customers is a pioneer in social auto-trading for forex and CFDs. ZuluTrade will be added to…

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Brexit
November 19, 2018 BY LeapRate Staff

Brexit Deal Draft Approval: 76 per cent of FXTM traders short GBP/USD

The following article was written by FXTM Senior Staff Writer Nikola Grozdanovic. The 14th of November, 2018, was a landmark day for Brexit and the markets. The UK’s Prime Minister Theresa May held an emergency cabinet meeting to seek approval for her long-anticipated draft Brexit deal. Months of negotiations, protests and persistent questions surrounding the…

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Plus500 office
November 19, 2018 BY LeapRate Staff

Plus500 continues share buyback acquiring £388,000 in stock

FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has continued to make purchases of its own stock pursuant to a recently announced share buyback. The company announced that last week it acquired a total of 30,455 PLUS shares, at an average share price of £12.744, for a layout of £388,119. That brings the grand total of shares…

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usgfx uk
November 19, 2018 BY LeapRate Staff

Exclusive: Australia Retail FX broker USGFX gets UK FCA license

LeapRate Exclusive... LeapRate has learned that ASIC licensed Australia-based Retail FX brokerage group USGFX has taken a major step toward Europe, setting up a UK subsidiary called Union Standard International Group Limited (we'll call it USGFX UK). The company had applied for and received an FCA license for USGFX UK, which became effective on November 5.…

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Pepperstone office
November 16, 2018 BY LeapRate Staff

Pepperstone UK grows client assets to $19M, Revenues top $6M

Pepperstone Limited, the London based FCA regulated arm of leading Australian Retail FX brokerage group Pepperstone, has indicated in regulatory filings that the company brought in £4.98 million (USD $6.4 million) from CFD commissions and spreads for the fiscal year ended June 30, 2018, the company's first full year of operation. The company grew its…

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ayondo social trading
November 16, 2018 BY LeapRate Staff

ESMA effect: Q3 revenues plunge to under CHF4M at ayondo

Social trading focused broker ayondo, which went public earlier this year on the Singapore Exchange, has announced fairly disappointing results for the third quarter of 2018. Overall, ayondo revenues totaled just under CHF 4.0 million (USD $3.98 million) in Q3-2018, down 15% from Q2 and off 23% from last year's Q3, from before when the…

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BCSC warning
November 15, 2018 BY LeapRate Staff

Warning issued against offshore CFDs broker Rocket Consultant Group

Canadian financial regulator BCSC (British Columbia Securities Commission) has issued a warning against offshore CFDs broker Rocket Consultant Group. The move comes just several days after a similar warning issued by New Zealand's FMA involving CCM Clearing Limited, a Bulgaria based entity which the FMA said is associated with Rocket Consultant Group. The FMA stated that Rocket Consultant Group could…

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