Online broker Saxo Bank has reported its client metrics for the month of January, which saw the Copenhagen-based company have its best month ever with total trading volumes of $495.8 billion. Saxo's multi-asset strategy paid off handsomely in January, with client trading activity in all of its segments - FX, Equities, Commodities and Fixed Income…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that Tamas Szabo (pictured above) has stepped onto the board of Pepperstone Limited, the FCA regulated subsidiary of leading Australia based Retail FX broker Pepperstone, as Pepperstone begins to expand its operations in the UK and Europe. As was exclusively reported by LeapRate, last October Pepperstone hired…
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CFD broker Plus500 Ltd (LON:PLUS) has announced that the Financial Services Board (FSB) of South Africa has granted Plus500 a licence to operate as an Authorised Financial Service Provider in South Africa through a newly created subsidiary Plus500SA Pty Ltd. This follows our report last year February that the FSB had granted Plus500AU Pty Ltd., the…
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Continuing the spate of strong volume results shown by leading retail and institutional FX trading venues and brokers to start off the year, FXCM Group has reported its best client trading metrics since last January, with FX trading volumes coming in at $250 billion. FXCM's best month of 2017 was also January, at $253 billion,…
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FCA regulated Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc (LON:LCG) has announced that at an LCG shareholder meeting held earlier today, the company's proposal to delist from the London Stock Exchange and move the company's share listing to the NEX Exchange Growth Market run by NEX Group PLC (LON:NXG) was approved. LCG's last day…
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Cyprus financial regulator CySEC has announced that it is withdrawing the CIF financial services license of Best Choice FBC Ltd. Best Choice FBC operates Retail FX broker BCFX Broker at bcfxbroker.com, and also owns a number of other FX properties including the Finish FinFX brand, which it acquired in 2015. CySEC first suspended BCFX's license…
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CySEC, Belize and South Africa licensed Retail FX broker Forextime, which also goes by the shortened moniker FXTM, has announced on a new website forextime.co.uk (full text below) that it has received a license from the FCA for a new UK-based subsidiary Forextime UK Limited. A check of the FCA's registry reveals that Forextime UK…
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RoboForex, an international financial broker, just announced that it is expanding the list of cryptocurrencies available for trading via MT4 and MT5 platforms. Apart from Bitcoin and Ethereum, the Company’s clients will have an opportunity to trade Bitcoin Cash, Dash, Litecoin, and Ripple. New instruments are already available for trading. RoboForex continues expanding access to…
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Continuing its recovery under new management which has been sustained throughout 2017, Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, has issued preliminary results for Q4-2017 as well as for the full year, indicating continued improved performance for the company,…
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It certainly looks as if January 2018 is going to be a month to remember for leading institutional and retail FX trading venues. Following our initial trading volume reports for institutional eFX platforms which included record results at GTX, Cboe FX (Hotspot) and FXSpotStream, we begin our coverage of the Retail FX sector with FCA…
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