Category: Brokers

April 17, 2023 BY Steffy Bogdanova

Kohle Capital Markets announces rebrand to KCM Trade

The firm detailed that in 2022 KCM Trade experienced many successful events, sponsorships and partnerships which led to its rapid growth. As part of its expansion plan, the company is opening new branches throughout Southeast Asia, including Vietnam, Indonesia and the Philippines and other key markets. Additionally, KCM Trade plans to increase the number of…

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Saxo Bank
April 06, 2023 BY Steffy Bogdanova

Saxo Bank sees 40% MoM jump in FX volume in March

The average daily volume (ADV) in forex instruments stood at $6.8 billion. The figure grew 23.6% on monthly basis and 3% on yearly. The brokerage firm reported that demand in Equities also registered an uptick. The volume in March was $259.9 billion, strengthening by 25% compared to February. On yearly basis, the asset class rose…

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NAGA Group
April 05, 2023 BY Steffy Bogdanova

NAGA Group’s Q1 revenue falls 36%

NAGA stated in their update that the assets under custody have increased to EUR 35 million, representing a growth of 45% compared to the previous reported HY1 2022 figure of EUR 24 million. Additionally, the company said it lowered its monthly cost to an average of EUR 3.3 million during Q1 2023, a 40% decrease…

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FXSpotStream
April 04, 2023 BY Steffy Bogdanova

FXSpotStream reports March ADV of $66.8 billion

On yearly basis, however, last month’s ADV dropped 4.8% compared to March 2022. Last month, FXSpotStream’s overall volume stood at $1.54 trillion. The numbers rose 22.2% from the $1.26 trillion, recorded in February 2023. The overall trading volume of the firm has surpassed $1 trillion for every month of 2022 and it is continuing the…

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April 03, 2023 BY Steffy Bogdanova

VT Markets partners with TradingView

Traders can now trade a range of assets including Forex, Stocks and CFDs, on TradingView charts without leaving the VT Markets platform. A representative of VT Markets said: We’re delighted to be partnering with TradingView. As a technology-driven broker, we’re always looking for ways to simplify our clients’ trading experience while maximising their trading results.…

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March 30, 2023 BY Steffy Bogdanova

ACY Securities introduces comprehensive reports for shares to clients

Jimmy Ye, CEO of ACY Securities, commented: We are excited to offer this cutting-edge feature to all our existing clients. The comprehensive trading reports provides deep insights into the financial and operational performance of the companies our clients trade, empowering them to stay ahead of the curve. ACY’s clients can access the comprehensive reports through…

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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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