Category: Brokers

May 22, 2023 BY Steffy Bogdanova

BUX rebrands its flagship app BUX Zero to BUX

Yorick Naeff, CEO at BUX, said: Dropping the Zero in the BUX Zero name signifies our commitment to this flagship application and shows that we are more than just a price leader. We are incrementally increasing access to financial markets and the ease-of-use of our app  through automated investing, interest on uninvested cash, and access…

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Admirals
May 19, 2023 BY Steffy Bogdanova

Admirals announces restructure and withdrawal of Estonian license

Admirals stated: The restructuring stems from the fundamental necessity and choice to expand the Group’s presence globally, as the Company has substantially positioned itself in new regions during recent years. The on-going change shall have no impact on the existing Group’s clients. Albeit the restructuring, Estonia remains the Company’s strategic location. The Company continues to…

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May 18, 2023 BY Steffy Bogdanova

Trade.com's UK operator reports surge in revenue of 216% in 2022

In 2022, TCUK achieved a gross profit of £508,806, considering direct expenses of £250,434 on its total revenue. However, the company did not generate income from other streams during that year, whereas it earned £60,812 as "other operating income" in 2021. Notably, the company effectively reduced its administrative costs from £408,100 to £354,237, further contributing…

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TP ICAP
May 17, 2023 BY Steffy Bogdanova

TP ICAP reports 2% increase in revenue in Q1

Energy & Commodities activity increased 3% in the quarter. The numbers were driven by by the improvements in "market conditions, and liquidity, in European Gas & Power." Parameta Solutions, which offers data & analytics and post-trade solutions, registered a 7% growth (15% in reported currencies) in revenue. The announcement noted that the division's goal is…

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May 16, 2023 BY Steffy Bogdanova

HYCM announces commission-free investing in stocks

The product selection includes a wide variety of assets spanning across all GICS stock categories. This encompasses shares of well-known companies like Apple, Amazon, Microsoft, Netflix, Tesla, Meta, Nvidia, Exxon Mobile, Berkshire Hathaway, and many others. Stavros Lambouris, CEO at HYCM International commented:   Stock offering, in general, is not a new product but is…

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May 15, 2023 BY Steffy Bogdanova

ThinkMarkets to go public through a SPAC deal in Canada

ThinkMarkets specializes in providing retail trading services and has expanded its institutional presence through a liquidity provisioning platform launched in 2021. The recent announcement highlighted that the broker serves 138,500 clients across 165 countries. It experienced a compound annual growth rate (CAGR) of 24 percent and generated $62 million in revenue in 2022. As part…

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May 09, 2023 BY Steffy Bogdanova

Tools for Brokers partners with MAP FinTech to integrate with its reporting solution

Alexey Kutsenko, CEO of TFB, commented: Making reporting and data analysis accessible for our clients is an ongoing focus for TFB. Complying with local authority requirements is absolutely essential. Through the collaboration with MAP FinTech, we hope to make this process as seamless as possible and provide built-in reporting for more regulators. Panayiotis Omirou, CEO…

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May 08, 2023 BY Steffy Bogdanova

Tickmill opens a new Dubai office under DFSA Regulation

Dahrieh has served at Tickmill as Country Manager and Market Strategist for five years during which he has been working to expand the company’s brand presence in the region. The office represents a new milestone for the Group in the further expansion of Tickmill globally and in the MENA region, in particular. The new office…

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