Category: Brokers

saxo bank revenues
March 28, 2023 BY Steffy Bogdanova

Saxo launches managed portfolio suite for Australian investors

Adam Smith, CEO of Saxo Australia, commented: In recent years the appetite for alternative wealth strategies has grown in line with improved access to global capital markets and innovations in technology. More Australians than ever are looking to build diversified portfolios across geographies, and as such are using digital platforms to take control of their…

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March 27, 2023 BY Steffy Bogdanova

Conotoxia introduces investment advice service for retail traders

The broker stated that it offers a promotion for users who sign up by the end June. They will be able to use the Investment Advice service for free for one-month trial period. Grzegorz Jaworski of Conotoxia Ltd, added: Our recommendations and professional market analyses are not publicly available, general market commentaries. Conotoxia Ltd.'s investment…

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March 24, 2023 BY Steffy Bogdanova

Compagnie Financière Tradition’s profits jump 40% in 2022

The Group's activity grew during the year, with reported consolidated revenue of CHF 947.4 million compared with CHF 873.6 million in 2021, an increase of 10.5% at constant exchange rates or 8.4% at current exchange rates. Reported operating profit for the year was CHF 94.2 million against CHF 73.2 million in 2021, an increase of…

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FP Markets cTrader
March 23, 2023 BY Steffy Bogdanova

FP Markets adds cTrader to trading platforms suite

FP Markets Demo or Live Accounts holders can use cTrader and access the platform on both desktop and mobile devices. The FP Markets cTrader trading platform allows traders to hedge, scalp, and the use of automated or manual trading strategies. The solution offers fast execution speeds, customisable interface, advanced charting capabilities, and a broad selection…

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March 21, 2023 BY Steffy Bogdanova

iS Prime sees £16.2 million pre-tax profit in FY22

In contrast to a comparable 12-month period, iS Prime's end-of-year 2022 results indicate a rise in revenue by £3.5 million, which represents an 11% increase year on year. The company's financial statement remains robust, boasting cash reserves of nearly £37 million. Alex Lowe, Managing Director, iSAM commented: iS Prime’s financials reveal another very successful year,…

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March 17, 2023 BY Steffy Bogdanova

OANDA launches European operations in Warsaw, Poland

OANDA’s European operations follow the acquisition of Polish broker Dom Maklerski TMS Brokers SA, which was rebranded to OANDA TMS. Niewiadomski added: Now, thanks to our refocused operations, investors and traders in the EU can easily access an extensive multi-asset proposition with the knowledge that they are partnering with a trusted, award-winning, and regulated broker.…

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March 16, 2023 BY Steffy Bogdanova

Swissquote reports net profit fall of 19% in 2022

Trading Income Swissquote faced challenges in 2022, which impacted most of its revenue streams. There was a 7.6% decrease in net income from fees and commissions, and a 14.3% drop in net eForex income due to lower trading volumes. The net income from crypto assets declined drastically by 72.9% to CHF 27.7 million. The platform's…

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IG Group
March 15, 2023 BY Steffy Bogdanova

IG Group's total revenue falls 7% in Q3FY23

The global fintech company noted that the third quarter was a “quieter quarter”, especially in December, when lower market volatility was observed compared to recent periods and the third quarter of the previous financial year. IG further highlighted the benefits of its diversification strategy which led to the exchange traded derivatives reaching £52 million revenue…

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