Category: Brokers

PrimeXM volumes
June 14, 2021 BY Steffy Bogdanova

PrimeXM trading volumes up by 5%MoM in May 2021

Over 76% of the total monthly traded volume was recorded in Prime XM Data Centre in London LD4 – $ $719.19 billion in notional value. The Data Centre NY4 has preserved second place from TY3 with $ 140.41 billion in monthly trading volume and 10.67% MoM growth. XAUUSD remains consistent as the most popular instrument…

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CFD broker TMGM obtains FMA license in New Zealand
June 10, 2021 BY Steffy Bogdanova

CFD broker TMGM obtains FMA license in New Zealand

Chief Marketing Officer, Angelo D’Alessio, commented: This is a key milestone for TMGM. Expanding our global reach has been an important focus for us. Since the success of the Australian Open sponsorship, widening our reach was a natural step for us in this journey. Securing the FMA license further solidifies our commitment to expanding our…

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CMC Markets
June 10, 2021 BY Steffy Bogdanova

CMC Markets reports £409.8 million net operating income

CMC said that it continued to offer its clients resilient platforms, which meant that existing clients could trade. New clients could also onboard even throughout periods in which trading volumes were extremely high and markets were especially volatile. It also continued to invest in proprietary tech platforms to diversify its offerings, having launched Spot FX…

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Credit Financier Invest New Website
June 09, 2021 BY Steffy Bogdanova

CFI Financial launches new website

Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury commented: The importance of a website goes beyond making an aesthetically appealing series of pages and delves into the needs and expectations of traders. This is a preemptive effort by the team to future proof the CFI name and experience while ensuring…

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Non-leveraged instruments added to iForex platform
June 07, 2021 BY Steffy Bogdanova

Non-leveraged instruments added to iForex platform

iForex boasts more than 750 CFD instruments on FXnet, which have higher leverage at this moment in time. Such instruments even include some of the trending cryptos, such as Dogecoin. Recently, iForex had begun to use AI to monitor trading patterns easily, while introducing features to help its traders. One iFOREX official stated: We’ve discovered…

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Exness
June 04, 2021 BY Steffy Bogdanova

Exness reports 7.5% MoM fall in trading volumes in May

Despite the slight down turn on monthly basis, May 2021 numbers are more than double compared to May last year. The number of active clients on the Exness platform is actually higher than last month and March. The broker registered 207,150 active clients and has seen an upward trend since the beginning of the year.

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eToro
June 04, 2021 BY Steffy Bogdanova

eToro reports 3.1 million new users in Q1 2021

eToro Co-Founder and CEO, Yoni Assia, said: Last year was characterized by accelerating retail investor engagement. Widespread media coverage of the financial markets and more time to upskill in lockdown encouraged a record number of retail investors to enter the markets via online investment platforms and apps. We saw this trend accelerate in 2021, and…

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saxo bank revenues
June 04, 2021 BY Steffy Bogdanova

Saxo reports $6.8 billion ADV following May dip

Despite the dull outlook for forex, however, Saxo Bank saw a rise in the demand for equities on the platform. The forex and CFDs provided have reported a figure of around $141.9 billion for May’s equities trading volume. This number is an increase of 24.2% compared to April’s figures, while May’s daily average was reported…

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eToro
June 03, 2021 BY Steffy Bogdanova

eToro files registration statement of its Spac acquisition

The two companies submitted a draft registration statement on Form F-4 to the SEC, which is technically not an IPO prospectus. After many publications in the media about the Israeli trading company’s intentions to go public, in March, eToro confirmed its plans to merge with blank check company FinTech Acquisition Corp. V and become listed on NASDAQ.…

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