Category: Brokers

January 31, 2023 BY Steffy Bogdanova

CMC Invest to launch in Singapore

According to the official announcement, the launch is expected for the end of the first quarter of 2023. CMC Invest will offer zero commission and real-time pricing in selected markets, including Singapore, the US, and Australia. The company has already recived similar licences in the UK and Australia. Christopher Forbes, head of CMSI, said: The…

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Monex Group
January 30, 2023 BY Steffy Bogdanova

Monex Group operating income, falls 18% in Q3 FY23, reports net loss in TradeStation and crypto business

The basic earnings per share year-to-date also fell significantly to ¥7.27 from ¥48.19 reported for the same period in 2021. Three major segments contribute to the business performance of the group - the Japanese segment, the US segment (TradeStation), and the crypto assets segment. The Japanese business of the group provides stable profits and TradeStation…

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Spectrum Markets
January 24, 2023 BY Steffy Bogdanova

Spectrum Markets sees 77% jump in Q4 turnover to €842 million

According to the official announcement shared with LeapRate, the Q4 2022 turnover hit €842 million, jumping 77% compared to the same period previous year. The report further noted that out-of-hours trading remained active, accounting for 37% of all trades on the exchange. 85% of the traded derivatives was on indices. The most traded underlyings for…

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NAGA Group
January 20, 2023 BY Steffy Bogdanova

NAGA Group in merger talks with “multi-country” broker

The company stated: Naga will maintain its current listing status following the consummation of any such transaction. Earlier in October last year, NAGA Group secured a Seychelles license and gained an Estonian crypto license earlier that year. The neo broker also ventured into the crypto industry with its crypto exchange launched in the beginning of…

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Dukascopy bank
January 20, 2023 BY Steffy Bogdanova

Dukascopy announces two new indices for MT4 traders

The brokerage also stated that it has recently expanded its portfolio with 28 Stock CFDs from Mexico, the Volatiltity Index (VOL.IDX/USD) and the South Africa Index (SOA.IDX/ZAR) for JForex users. Dukascopy rolled out an update to its JForex3 in February last year, launching the new version - its JForex4 trading platform. The company stated: Dukascopy…

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Monex Group
January 17, 2023 BY Steffy Bogdanova

Monex to introduce margin account services for US equities

To further meet customer needs, Monex recently announced its intention to begin offering US equity margin account services. The launch has been delayed due to system issues, however, the group noted that the service will be available next week. Monex stated: With US equity margin trading, investors can trade twice the amount of their original…

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January 17, 2023 BY Steffy Bogdanova

ISAM Capital Markets rebrands as iSAM Securities

The group’s structure will be unaffected by the rebrand, as Raj Sitlani remains as Managing Director of iSAM Securities and Jonathan Brewer as Commercial Director. The company also noted that the rebrand will not impact the company’s clients. Additionally, as part of the rebrand the company is launching new websites: securities.isam.com, prime.isam.com and risk.isam.com. Robinson…

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January 16, 2023 BY Steffy Bogdanova

FXOpen introduces commission free trading

FXOpen has been committed to expanding the ECN liquidity in order to provide the tight spreads for traders. Additionally, the broker recently announced its partnership with TradingView, giving their traders access to charting and social network trading platform. Gary Thomson, Chief Operating Officer of FXOpen UK, commented: FXOpen’s ongoing commitment to ensure trading is as…

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