Forex broker Hantec Markets 2017 Revenues decline 33% to £3.8 million amid increased competition LeapRate

April 04, 2018 BY LeapRate Staff

Forex broker Hantec Markets 2017 Revenues decline 33% to £3.8 million amid increased competition

LeapRate has learned via regulatory filings that FCA regulated Retail Forex and CFDs broker Hantec Markets saw a decline in activity in its 2017 fiscal year (ended June 30, 2017), reversing the growth trend of the previous year. After seeing Revenues grow 62% the previous year, Hantec's Revenues declined by 33% in 2017 to £3.8 million (USD $45.4…

April 04, 2018 BY LeapRate Staff

Exness concludes stellar Q1 with record March FX trading volumes at $375 billion

It looks like Exness has a trillion reasons to smile. Concluding its best-ever quarter in which it saw clients transact over a trillion dollars of trading volumes, FCA and CySEC licensed Retail FX broker Exness has reported that March volumes came in at $375.4 billion, a record for the company. That bested Exness' previous best…

April 04, 2018 BY LeapRate Staff

CFI Group unifies names under the Credit Financier Invest - CFI brand

Leading investment and trading corporation CFI Financial Group Holding has announced that it has joined the forces of all its corporate entities under the name Credit Financier Invest and CFI brand. As of April 3, 2018, the company's Larnaca based CySEC regulated subsidiary CFI Markets Ltd. becomes Credit Financier Invest (CFI) Ltd., in line with the other group…

April 03, 2018 BY Valentina Kirilova

FINAM to offer MetaTrader 5 with single account support

Russian broker FINAM Forex announced that it has connected the new platform to its single trading account. Now, the broker's clients can trade MOEX, SPB Exchange, NYSE and Nasdaq instruments via MetaTrader 5. This is a persuasive response to the popular comment of technology pessimists who claim that, "The platform is good, but you need…

April 02, 2018 BY LeapRate Staff

Z.com Trade changes its Classic Account to market execution expanding liquidity sources

Z.com Trade, the FCA regulated brokerage arm of Japanese retail forex giant GMO Click Holdings Inc (TYO:7177), has announced that effective today the execution mode on its Classic Account will be changed to Market Execution. Currently Z.com Trade's Classic Account uses the Instant Execution mode, however this setting unfortunately limits the liquidity sources available. This change is necessary…

March 29, 2018 BY LeapRate Staff

CMC Markets reports strong Q4 but fewer active clients in 2018

As we have seen throughout most of the past year from it, FCA regulated online CFD brokerage house CMC Markets Institutional (LON:CMCX) has issued something of a mixed-message Trading Update leading up to the close of its current fiscal year on March 31, 2018. CMC stated that its "strong year to date performance" was been maintained…

March 29, 2018 BY LeapRate Staff

Exclusive: GMO’s Z.com Trade triples Revenues in 2017 as UK business launch takes off

LeapRate Exclusive... LeapRate has learned via regulatory filings that GMO-Z.com Trade UK Limited, the FCA regulated arm of Japan Retail FX giant GMO Internet Inc. (TYO: 9449), has more than tripled its Revenues in its first full year of operation in the UK. Still small by UK and its own standards as business still ramps up,…

March 29, 2018 BY LeapRate Staff

Exclusive: Forex broker PhillipCapital UK sees Revenues fall 14% in 2017

LeapRate Exclusive… LeapRate has learned via regulatory filings made in the UK and Singapore that PhillipCapital UK Ltd, which operates the FCA regulated FX and CFD brokerage which goes by the same name, has seen a significant drop in activity for the second year in a row in Fiscal 2017. (The company has a June 30 year…

March 27, 2018 BY LeapRate Staff

GAIN Capital on ESMA CFD leverage restrictions: less than 5% of Revenue at risk

Retail and Institutional FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has issued a formal statement following this morning's news that pan-European financial regulator ESMA is following through on plans to ban Binary Options and (more importantly) cap leverage in Forex and CFD trading to 30x. GAIN Capital operates the retail Forex.com and City Index brands,…

March 26, 2018 BY LeapRate Staff

ATFX accelerates Asia growth with new Malaysia office

Online trading services provider AT Global Markets Limited (ATFX) has announced its third office launched since its entry into Southeast Asia in 2017 with the launch of a new office, AT Global Markets Malaysia, in Austin Heights, Johor Bahru. ATFX looks to continue to accommodate rapid growth and leverage the diverse high-technology talent pool, having…

Category: Brokers