Exclusive: Spreadex 2017 Revenue flat at £50.3 million, profits up to £23.2 million LeapRate

July 25, 2017 BY LeapRate Staff

Exclusive: Spreadex 2017 Revenue flat at £50.3 million, profits up to £23.2 million

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated financial and sports spread betting company Spreadex saw no growth in its latest Fiscal year ended May 31, 2017. However Spreadex continued to generate healthy profits, up slightly from the previous year. Overall, Spreadex brought in £50.276 million in Revenue in 2017, virtually identical to last…

July 25, 2017 BY Valentina Kirilova

Tradition sees Japan FX revenue down 28.6% in First Half 2017

Swiss interdealer broker Compagnie Financière Tradition (SWX:CFT) has reported first-half consolidated revenue of CHF 411.4m, compared with CHF 425.2m in the same period in 2016, a decrease of 0.6% at constant exchange rates. In current currencies, the reported revenue remains impacted by the weakness of pound sterling following the vote on Brexit, down 3.3% compared…

July 24, 2017 BY LeapRate Staff

Australian FX broker USGFX China office raided, employees held hostage, ASIC monitoring

In a dramatic hostage situation now entering its sixth day, Chinese clients of Australia based retail FX brokerage USGFX continue to hold a number of the company's employees as hostages, barricaded inside USGFX's Shanghai offices. Somewhere between 30 to 50 USGFX clients entered the offices last Wednesday, demanding the return of about $2.6 million in…

July 24, 2017 BY Valentina Kirilova

Saxo Bank reduces spreads for UK clients, adds new functionality to SaxoTraderGO

Saxo Capital Markets UK Limited, the UK subsidiary of Copenhagen based multi asset broker Saxo Bank, announced today that it has reduced the minimum spread for UK clients trading the UK100, the CFD index of the 100 largest UK listed companies by market capitalisation. Saxo offers spreads from as low as 0.8 basis points. The reduction in…

July 24, 2017 BY LeapRate Staff

Forex Sports Sponsorship: UFX.com engages Barca captain Andrés Iniesta as Brand Ambassador

Continuing out coverage of leading Retail FX brokers partnering with top sports personalities, CySEC licensed retail forex broker UFX.com has just announced a new partnership with Spanish football star Andrés Iniesta. The FC Barcelona Captain has joined UFX as its international Brand Ambassador. This marks the second sports celebrity Brand Ambassadorship for UFX, which also…

July 24, 2017 BY LeapRate Staff

Blackwell Global FX broker sister company goes public in New Zealand in reverse takeover

New Zealand based Retail FX brokerage firm Blackwell Global has announced that it has taken public a company called Blackwell Global Holdings Limited on the New Zealand Stock Exchange's NZX Main Board, via a transaction that effectively amounts to a reverse takeover of a publicly traded shell company called NZF Group Limited. The initial market…

July 21, 2017 BY LeapRate Staff

Exclusive: Pepperstone adds Zack Ioannou from GCM Prime to head UK Compliance

LeapRate Exclusive... LeapRate has learned that Australia based Retail FX and CFDs broker Pepperstone has taken another major step in re-opening its FCA regulated UK arm, Pepperstone Limited, hiring a new Head of UK Compliance in the person of Zack Ioannou. Zack Ioannou joins Pepperstone from GCM Prime, where he has also been the designated compliance…

July 19, 2017 BY LeapRate Staff

Exclusive: Vistabrokers launches second Retail FX brand, TRADEiAM

LeapRate Exclusive... LeapRate has learned that CySEC regulated Retail Forex broker Vistabrokers CIF Ltd, which operates the vistabrokers.com MT4 brand, has launched second website and brand called TRADEiAM, at tradeiam.com. The company has also launched an Affiliate Marketing website I AM AFFILIATES at iamaffiliates.com, to market TRADEiAM as well as other brands. Vistabrokers registered the tradeiam.com…

July 19, 2017 BY Valentina Kirilova

Tickmill expands its products offering 4 new CFDs on bonds

UK FCA regulated global provider of FX and CFD brokerage services Tickmill has just announced the addition of a new asset class to its product offering. Tickmill is now providing clients with the option to trade 4 new CFDs on German Government Bonds. Tickmill is expanding its services, offering: German premium EURO-BOBL, EURO-BUND, EURO-BUXL and…

July 19, 2017 BY LeapRate Staff

Exclusive: Capital.com raises $25 million, pays $1.5 million for URL, launches trading app

LeapRate Exclusive... Following our earlier exclusive reports that mobile trading focused online CFDs broker Capital Com SV Investments Limited had received a CIF license from CySEC back in April, and that the Capital.com website had gone live in June alongside the company's trading apps (in beta mode), we have now learned that Capital.com has raised a staggering…

Category: Brokers

Exclusive: Spreadex 2017 Revenue flat at £50.3 million, profits up to £23.2 million

Tradition sees Japan FX revenue down 28.6% in First Half 2017

Australian FX broker USGFX China office raided, employees held hostage, ASIC monitoring

Saxo Bank reduces spreads for UK clients, adds new functionality to SaxoTraderGO

Forex Sports Sponsorship: UFX.com engages Barca captain Andrés Iniesta as Brand Ambassador

Blackwell Global FX broker sister company goes public in New Zealand in reverse takeover

Exclusive: Pepperstone adds Zack Ioannou from GCM Prime to head UK Compliance

Exclusive: Vistabrokers launches second Retail FX brand, TRADEiAM

Tickmill expands its products offering 4 new CFDs on bonds

Exclusive: Capital.com raises $25 million, pays $1.5 million for URL, launches trading app

Plus500 Hires Nick Scarf as CEO of Australian Entity

eToro Partners with Generali to Launch a PER and Life Insurance Offer in France

Macquarie Securities Sued by ASIC for ‘Repeated and Systemic Misleading Conduct’

Euroclear Business Income Rises 10% in Q1

SIX Announces Executive Board Changes