CFI Financial sees 155% jump in new customer accounts in last three quarters LeapRate

October 18, 2022 BY Steffy Bogdanova

CFI Financial sees 155% jump in new customer accounts in last three quarters

Since the beginning of the year, the Group has expanded its executive team adding industry expertise, and accelerating the introduction of new financial products to market. CFI Financial Group’s Founders and Managing Directors, Hisham Mansour and Eduardo Fakhoury, said: First of all, we are very proud of the entire CFI team for the amazing commitment…

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…

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,…

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…

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…

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…

Financial Commission adds Vantage as itsnewest member

October 07, 2022 BY Steffy Bogdanova

Vantage announces partnership with the Financial Commission

Marc Despallieres, Chief Strategy & Trading Officer at Vantage, said: We’re extremely delighted to have partnered with the Financial Commission. We value our clients’ feedback and their trading experience with us, and we are pleased to have the support from a highly regarded external dispute resolution organisation like Finacom. The broker members and their customers…

October 06, 2022 BY Steffy Bogdanova

CMC Markets expects 20% increase in net operating income in H1 2023

The first half of 2023’s leveraged net trading revenue is expected to reach £128 million, 27% up from the previous year’s £101 million. The expectation of net non-leveraged net trading revenue, however, is expected to fall 14% to £21 million from the £24 million in H1 2022. The company highlighted its new UK investment platform…

October 05, 2022 BY Steffy Bogdanova

Equiti secures European license from CySEC

Iskandar Najjar, Equiti Group CEO, said: Our CySEC license gives our clients peace of mind by knowing that they are with a global broker in Europe that they can trust and that with CySEC’s regulatory oversight, strict financial market regulatory standards are adhered to. Regulation and good governance have always been and will continue to be…

October 04, 2022 BY Steffy Bogdanova

FXSpotStream sees 20.5% jump in September ADV

In September, FXSpotStream’s overall volume stood at $1.61 trillion. The numbers were 15% up from the $1.40 trillion, recorded in August 2022. The overall trading volume of the firm has surpassed $1 trillion every month since the beginning of the year. The company stated: This YoY growth is an indicator of the continued market share…

Category: Brokers