Category: Brokers

The company said on Tuesday it had received authorisation from the Colombian Financial Superintendence (SFC), allowing it to establish a presence in the country’s over-the-counter trading sector.  The move broadens Plus500’s international footprint and will enable it to build stronger ties with local stakeholders while offering Colombian customers a more localised service. Plus500 operates proprietary…

The company said the move underscores its “disciplined capital allocation framework” and confidence in delivering sustained shareholder returns. The fresh buyback is said to form part of the $165 million shareholder returns unveiled in its half-year results earlier this month, which also included dividends of $75 million.  The programme, managed by Panmure Liberum, will run…

Part of the Bangkok-headquartered YLG Bullion Group, the firm has been active in the precious-metals market for more than three decades and has held a licence from Thailand’s Securities and Exchange Commission since 2009.  TradingView noted in its release that YLG Futures also maintains a presence in Singapore and has won multiple industry accolades, including…

The launch provides Singaporean investors with what the firm describes as “true cost transparency,” avoiding the additional charges often associated with so-called zero-commission offerings.  IBKR Lite allows trading without minimum balances or hidden fees, while also giving access to the broker’s award-winning platforms, tools and global markets. “We’re pleased to bring zero-commission US stock trading…

Net contribution rose 26% year-on-year to $210 million, driven by higher trading activity.  Assets under administration increased 54% to $17.5 billion, while funded accounts climbed 14% to 3.63 million, boosted by continued user acquisition, retention efforts, and the 2024 purchase of Australian app Spaceship. Adjusted EBITDA was up 31% to $72 million, supported by increased…

The London-listed fintech group posted revenue of $415.1m for the six months to June 30, up 4% from $398.2m a year earlier.  EBITDA edged 1% higher to $185.1m, representing a margin of 45%. Active customers rose 2% to 179,931, while the average revenue per user increased 2% to $2,307.  Average deposits per active customer more…