Steffy Bogdanova
LeapRate Analyst

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
CySEC fine
July 14, 2023 BY Steffy Bogdanova

CySEC reacheds a €50K setttlement with Freedom Finance Europe for possible AML violations

CySEC assessed Freedom Finance Europe’s compliance during that period regarding procedures for client identification, due diligence. Furthermore, the financial markets regulator looked closely at the implementation of appropriate policies and controls for the detailed examination of each transaction and specifically particularly complex unusually large transaction or atypical patterns. The Cyprus watchdog announced that the company…

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European stock market experiences positive change
July 14, 2023 BY Steffy Bogdanova

Technical analysis: GBP/USD bulls remain on the offensive

Short-Term Price Action Edging North of $1.31 As evident from the H1 timeframe, buyers and sellers are squaring off around the $1.31 level, following the (almost) one-sided push north after retesting the widely watched $1.30 psychological base in early London. Overhead resistance is at $1.3154, while support can be seen at $1.3055, together with a…

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July 13, 2023 BY Steffy Bogdanova

XS.com hires Sixtus Ughamadu as country manager for Nigeria

Wael Hammad, Chief Commercial Officer (CCO) at XS.com, said: With a wealth of expertise gained over numerous years in the finance and FinTech industries, along with an established history of accomplishments, I have full confidence that Sixtus will offer a unique viewpoint and innovative concepts. I eagerly anticipate collaborating closely with him to sustain our…

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July 13, 2023 BY Steffy Bogdanova

US investing platform Public.com launches in the UK

Leif Abraham, co-CEO and co-founder of Public, said: London and the broader UK market has always been the financial epicenter of Europe, so it's a natural place for Public to start our international expansion. Public has always had European roots: my co-founder and I are both European, and we have a team across multiple European…

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Acquisition
July 12, 2023 BY Steffy Bogdanova

Fortune Prime Global acquires CFD broker GMT Markets

Regulated by ASIC since 2011, GMT Markets, caters to retail, as well as institutional clients. The company works closely with banks to provide clients with competitive spreads on forex, gold, commodities, indices, and crypto CFDs. FPG Capital establishes strong partnerships with banks to offer competitive spreads on forex, gold, commodities, indices, and crypto CFDs. Through…

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NAGA Group
July 12, 2023 BY Steffy Bogdanova

NAGA Group sees 22% increase in active traders in H1 2023

Furthermore, NAGA effectively reduced its direct marketing expenses and successfully drew in fresh clientele. The average deposit amount from these new customers nearly twofolded when compared to the figures of 2022. Sam Chaney, Chief Commercial Officer of NAGA, said: We are thrilled with our performance and future growth prospects. Our focus on cost reduction and…

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Cornerstone revenue
July 11, 2023 BY Steffy Bogdanova

Cornerstone FS revenue surges 89% in H1 2022

Significantly, the revenue stemming from direct client services experienced a growth of around 121%, accounting for 87% of the total revenue. This figure marks a substantial increase compared to the previous year's first half, where it constituted 74% of the overall revenue. James Hickman, CEO of Cornerstone, said: This has been an excellent six months…

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