Category: Brokers

Capital.com: female traders have higher levels of education compared to male traders
May 10, 2022 BY Steffy Bogdanova

Capital.com research shows female traders have higher levels of education compared to male traders

Lin added: As more women generate their own wealth, they will increasingly control the deployment of their assets and become key financial decision-makers in their households. This trend, which is a characteristic of many emerging economies, contributes to greater financial and investing confidence among women. “Female investors are more disciplined” According to Capital.com’s research data,…

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StoneX
May 05, 2022 BY Steffy Bogdanova

StoneX FX/CFD revenue jumps 32% in Q2 2022

The New York-headquartered Group’s revenue from FX and CFD jumped 32% in Q2 2022, gaining $98.9 million, attributed to an $18.8 million increase in retail operating revenue. Gain Capital acquisition StoneX acquired Gain Capital in 2020 and is now the owner of major forex and CFDs trading brands. In the second quarter the company reported…

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Saxo Bank
May 04, 2022 BY Steffy Bogdanova

Saxo Bank FX trading volume falls 17% MoM in April

The daily average in forex trading was stood at $5.7 billion, down from the previous month’s $6.6 billion. However, the number is slightly up from April 2021’s $5.6 billion. Equities registered a 27% MoM drop to $169.10 million last month but it gained 48.1% compared to the previous year. Fixed income instruments brought in $8.6…

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HotForex rebrands to HFM
May 03, 2022 BY Steffy Bogdanova

HotForex announces rebrand into HFM

The borker recently secured a regulatory license in Kenya in East Africa as part of its growth strategy. HotForex already rebranded its European business to as HF markets and now the company is bringing the same branding to its offshore entities in Seychelles, Kenya, South Africa and Dubai.

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Robinhood
April 29, 2022 BY Steffy Bogdanova

Robinhood sees a 43% revenue drop in Q1 2022

Client numbers were also down Robinhood saw significant drops in client metrics, as well. Monthly active users on the platform decreased 10% to 15.9 million for March 2022, compared with 17.7 million for March the previous year. The numbers were also down 8% form the end of December 2021. The broker attributed the decline to…

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GCEX
April 28, 2022 BY Steffy Bogdanova

GCEX sees strong results in its first year of trading

Additionally, GCEX strengthened its partnerships with Tier 1 Liquidity Providers, lending counterparties and digital custody asset solutions. Lars Holst, Founder and CEO, GCEX said: 20/21 was a transformative period for GCEX and we experienced rapid growth. Our strong financial results reflect both an increase in our market share and an increased market acceptance of digital…

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StoneX
April 28, 2022 BY Steffy Bogdanova

StoneX increases size of credit facility to $475 Million

Sean O'Connor, CEO of StoneX, said: Through increased support from our existing bank group as well as through a number of key new relationships, we are excited to announce the renewal and expansion of this important credit facility. With the support of this expanded group of bank partners, we look forward to continuing to expand…

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