Category: Brokers

IUX Markets
January 30, 2024 BY PureContent

Analysing IUX Markets' Phenomenal Growth: An Expository Overview

This article aims to dissect the factors contributing to IUX Markets' significant progress, focusing on the latter half of 2023, a period marked by remarkable achievements and strategic milestones. Strategic Increase in Trading Volume The period between the third and fourth quarters of 2023 was a watershed moment for IUX Markets. The platform reported a…

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January 25, 2024 BY Simon Mugo

Swissquote Introduces a New Stock Lending Program

At the outset, the Swiss-based brokerage firm will limit the lending to certain stocks and exchange-traded funds, with plans to expand to additional asset classes. The annual payout rate for some stocks may surpass 5%, depending on market demand. The net return rate for clients on loaned securities could reach up to 1% annually, with…

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January 25, 2024 BY Simon Mugo

XTB Launches Auto-Invest Feature To Boost UK ETF Investments

To further encourage the adoption of its Investment Plans in the UK, XTB has launched a new promotional campaign. This initiative underscores the advantages of automated, long-term, passive investment strategies. The firm underscores the benefit of this approach, highlighting the adaptability in modifying investment allocations to suit investors' changing objectives and preferences. Joshua Raymond, Director…

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January 23, 2024 BY Simon Mugo

ATFX Rebrands Rakuten Securities Australia to AT Global Markets

ATFX to Relocate to a Larger Office in Sydney, Reflecting Company Growth ATFX is preparing to relocate to a more spacious office in Sydney in the upcoming second quarter as a testament to its ongoing expansion. This move symbolises the company's continuous growth and its dedication to delivering superior trading services to its clientele. Joe…

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January 22, 2024 BY Simon Mugo

OANDA Joins the Prop Trading Industry With OANDA Labs Trader

Kurt vom Scheidt, OANDA's Chief Operating Officer, stated: “Our program aims to empower adept traders by providing them with seamless access to global financial markets and a diverse array of asset classes.” He emphasised the company’s commitment to enabling traders to thrive in the financial markets. Prospective traders at OANDA must complete an assessment test,…

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Pepperstone logo1
January 22, 2024 BY Simon Mugo

Pepperstone Becomes AFC Asian Cup’s Official Regional Partner

Tamas Szabo, CEO of Pepperstone, commented on the partnership, highlighting the alignment in ambition and dedication to success between the two entities. He drew parallels between strategic thinking in trading and sports, emphasising the ability to thrive amid challenging situations. The AFC Asian Cup is a leading football tournament in Asia, organised by the AFC,…

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OGM Market logo
January 19, 2024 BY Simon Mugo

One Global Markets, a CFD Broker, Triples Its FY 2023 Revenues

The surge in revenue also led to a rise in the sales cost, which escalated to £123,677 from the previous year's £38,290. Consequently, the gross profit soared to £668,114, registering a 212% increase. The London-based company also witnessed a substantial hike in administrative expenses, which jumped 187% to £520,304 from £181,496. Upon accounting for other…

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January 16, 2024 BY Simon Mugo

Saxo Bank and FairExchange Partner for Liquidity Purposes

FairXchange focuses on ensuring FX trading remains commercially viable for all parties, both on the buy-side and sell-side. The partnership underscores both entities' commitment to leveraging data-driven insights in their engagement with Liquidity Providers (LPs) and improving liquidity to Saxo Bank's and its clients' advantage. Guy Hopkins, CEO and Founder of FairXchange welcomed Saxo Bank…

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