UK online trading broker IG Group Holdings plc (LON:IGG) has reported its preliminary financial results in a trading update for the fiscal 2018 year (IG has a May 31 financial year end), indicating what are undoubtedly mixed results and outlook for the company. As far as back-looking results, IG reported its second best ever quarter…
Read moreRetail Forex broker Alpari has announced that April trading volumes came in at $138 billion, down 6% MoM and a similar amount from the company's $143 billion-per-month volume average in the first three months of the year (January, February). Still, a fairly good month by historical standards. Alpari averaged just over $100 billion per month…
Read moreLeapRate Exclusive... LeapRate has learned that FCA licensed Spreadbetting, FX and CFDs broker GKFX Financial Services Limited has seen a halt to its growth spurt of the past few years, with 2017 Revenues declining by 14% to £60.9 million (USD $81.8 million). However a best set of cost controls helped the company turn around its small…
Read moreEstonia based Retail FX brokerage group Admiral Markets has announced that in line with the French CFD regulatory requirements it will now offer a new account type called Admiral.RisqueLimité, designed with an emphasis on protection of retail clients from risks connected to trading in the financial markets. The account is being offered via the company's FCA…
Read moreGeneva based Retail FX broker and bank Dukascopy has just announced that it has expanded the range of CFD indices and commodities. Chinese index to US Dollar (CHI.IDX/USD) and Gasoil to US Dollar (DIESEL.CMD/USD) have been added on DEMO environment. Maximum leverage on CHI.IDX/USD and DIESEL.CMD/USD is set to 1:100. More detailed information about trading…
Read moreFCA regulated Retail FX and CFD broker DF Markets has reported that its Revenues increased by 9% in 2017 to £2.6 million (USD $3.5 million), versus £2.4 million in 2016. On the bottom line, DF Markets posted a net profit of £478,000, up from £94,000 the previous year. DF Markets is a trading name of…
Read moreLeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated broker ITI Capital Limited has posted a larger loss (than last year) of £5.0 million (USD $6.8 million), eating up more than all of the new capital which the company's new ownership group put into the company during the year. (More on that below). Revenues at…
Read moreLeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated MT4 broker ActivTrades has continued its impressive growth with the company reporting healthy financial metrics for 2017. ActivTrades, which is controlled by Swiss entrepreneur Alex Pusco who still serves as the company’s CEO, saw Revenues grow by 16% in 2017 to £40.4 million (USD $55 million), up…
Read moreDarwinex, the UK Financial Conduct Authority (FCA) regulated FX asset manager and brokerage, has just announced that it will be making share CFDs available for trading via MetaQuotes MT5 trading platform. Having earlier this year made MT5 available to its traders in addition to MT4, Darwinex now offers CFDs on shares, indices and commodities as…
Read moreEstonia based Retail FX brokerage group Admiral Markets continued to grow its presence in the UK in 2017, with its FCA regulated subsidiary Admiral Markets UK Ltd posting a healthy 58% rise in Revenues, from £3.5 million in 2016 to £5.5 million last year. Admiral Markets UK acts a matched principal broker and does not…
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