Saxo Bank has announced that the Denmark financial regulator FSA has approved the transaction which will see China's Geely Group take control of the Copenhagen based online trading services provider. The transaction, first announced in October 2017, saw China’s Geely and Finland’s Sampo take control of Saxo Bank, buying out TPG Capital and SinarMas in…
Read moreCySEC regulated online forex broker Orbex has announced that it held its partnership ceremony at the Hotel Le Grand, Amman, Jordan, where several prominent figures representing the Jordanian Securities Commission (JSC), traders, and experts in the field of trading attended. As an international forex broker, the partnership with Ajiad Securities will enable access to trading…
Read moreAfter a torrid start to the year including record trading volumes across nearly all its product categories in February, Copenhagen based online broker Saxo Bank has reported that March volumes cooled off somewhat, with declines in all areas. In February, Saxo reported an astounding total trading volume of $612.1 billion – the best volumes result we’ve ever…
Read moreCySEC, Belize and South Africa licensed Retail FX broker Forextime, which also goes by the shortened moniker FXTM, has announced the launch of a brand-new trading account - the MT5 Pro account. Some of the trading conditions on the MT5 Pro include: No commissions Flexible floating Leverage from 1:25 to 1:200 Spreads on EURUSD averaging…
Read moreThe Libertex trading platform has announced that it now provides its traders with an opportunity to open trading positions in two new instruments - CFDs on Spotify (SPOT) and Dropbox (DBX) stocks. The company stated that these new assets will appeal to those traders who are interested in opening up trading positions in promising technological…
Read moreCySEC licensed online brokerage and investment company RoboMarkets, which provides financial services to clients across Europe, has annoucned an update of its R Trader multi-asset trading platform. RoboMarkets has also updated its Strategy Builder, which allows traders to build and implement automated strategies with no knowledge of code or programming. In November 2017, RoboMarkets announced…
Read moreA war of words is brewing between Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), a former disgruntled client named Krzysztof Kramarczyk, Poland’s Financial Supervision Authority (Komisja Nadzoru Finansowego, or KNF), and Polish prosecutors with charges of asymmetric slippage, fraud, and blackmail being bandied about. X Trade Brokers operates Retail Forex broker XTB.com as well as the X Open Hub…
Read moreLeapRate Exclusive... LeapRate has learned that Finsa Europe Ltd, which operates the Core Spreads financial spreadbetting and CFDs brand, has posted a net loss of £135,000 for 2017 (year ended November 30) versus a net profit of £147,000 in 2016. The loss came as Core Spreads grew Revenues from £8.0 million in 2016 to £11.4…
Read moreAfter a very strong start to the year including best-in-two-years volumes during February from its Retail FX units Forex.com and City Index, GAIN Capital Holdings Inc (NYSE:GCAP) has reported somewhat of a slowdown in activity during March, but still a fairly good result concluding what was a healthy amount of activity overall during Q1. GAIN Capital…
Read moreRetail FX broker FXCM continued its strong start to 2018, although March wasn't quite as good as January or February. FXCM reported client trading volumes of $210 billion for March 2018, 12% below February's $239 billion. Keeping in mind, however, that January and February were FXCM's best months since the February 2017 crisis which saw FXCM exit the…
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