Category: Brokers

October 26, 2022 BY Steffy Bogdanova

Hantec Markets expands in LATAM, opens a new Chile office

Andrew Speakman, LATAM Business Development Director of Hantec Markets, said: Our expansion into Latin America is an important point of emphasis for Hantec Markets that will boost our global presence. Nader Nurmohamed, Chief Operating Officer of Hantec Markets. Added: We wanted to move into one of the largest financial centers in the region, and Chile…

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BlackBull Markets introduces New Zealand Share CFDs
October 26, 2022 BY Steffy Bogdanova

BlackBull Markets adds New Zealand share CFDs to its offering

Chief Business Development Officer of BlackBull Markets, Anish Lal said that he believes it important that investors are given the option to profit from the rising and falling of stock prices in the local market. He noted that this motivated the broker to seek out the development of these CFD products. Chief Business Development Officer…

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Spectrum Markets
October 19, 2022 BY Steffy Bogdanova

Spectrum Markets sees turnover jump of 136% in Q3

Furthermore, the total value turnover for the quarter hit €836 million, recording an increase of 136% on yearly basis. During the second quarter of 2022, the company's total value of turnover stood at €879 million in Q2, up by 250% year-on-year. Nicky Maan, Spectrum Markets CEO, commented: I’m very happy to announce another strong quarter,…

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Interactive Brokers
October 19, 2022 BY Steffy Bogdanova

Interactive Brokers registers 70% increase in revenue in Q3

Between July and September, pre-tax income came in at $523 million, with the adjusted figure at $580million. These numbers were up from the figures of the third quarter the previous year – $234million and $420million, respectively. During the third quarter, other income came down to $48 million from $170 million. This figure was improved by…

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CLS
October 17, 2022 BY Steffy Bogdanova

CLS Group registers over $2 trillion in FX ADV in September

The Group’s forex market offering is split into three main categories: forward, swap and spot. According to the official announcement, the demand in all three has increased in September. FX swaps was the instrument with the most absolute trading volume, generating an ADV of $1.36 trillion for the period, rising 10.7% from previous month’s 1.23…

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October 14, 2022 BY Steffy Bogdanova

FOREX.com announces offering automated trading strategies with Capitalise.ai

The interface "wizard" Capitalise.ai allows traders with FOREX.com trading accounts to create trading strategies or alerts, automatically executable with no-code through free-style English text input tool. The automated trading plans can feature up to hundreds of entry or exit conditions. Capitalise.ai algorithm trading relies on artificial intelligence and machine and is available to all traders,…

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NAGA Group
October 13, 2022 BY Steffy Bogdanova

NAGA Group secures Seychelles license, plans to launch crypto trading platform in Brazil

Crypto investments The German-headquartered company ventured into the crypto industry with its crypto exchange launched in the beginning of the year, NAGAX. NAGA Group’s crypto arm has signed a letter of intent with FOSUN group-owned Brazilian digital asset management platform, Guide Investimentos, to launch a joint venture. The two companies are planning to offer a…

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M4Markets
October 11, 2022 BY Steffy Bogdanova

M4Markets secures CySEC licence

M4Markets Group CEO, Mr. Panikos Teklos, commented that: M4Markets has grown significantly over the past two years and strategically it was the logical next step for us to penetrate the European market as a lot of the European traders are experienced and as passionate about trading as we are. We are committed to maintaining the…

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plus500 revenue
October 11, 2022 BY Steffy Bogdanova

Plus500 revenue drops 8% YoY in Q3 2022

Customer income for Q3 2022 stood at $149.4 million, slightly down from Q3 2021’s $156.9 milllion. Plus500’s CEO, David Zruia, commented: Plus500 has continued to outperform in 2022, driven by the power of our market-leading proprietary technology and our on-going ability to attract and retain higher value, long-term customers. We have made further traction in…

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