Category: Brokers

March 17, 2022 BY Steffy Bogdanova

Swissquote confirms 2021 record growth

Swissquote also published its guidance for 2022 and medium-term for 2025. The company noted that during the two first months of 2022, it experienced strong customer growth. It’s expectation for net revenues in 200 is to reach CHF 475 million. The company also expects net revenues and pre-tax profit to be CHF 750 million and…

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Forex.com Canada
March 17, 2022 BY Steffy Bogdanova

FOREX.com expands offering in Canadian market

Glenn Stevens, CEO of the retail business of StoneX Group Inc., commented: Our mission at StoneX is to open markets, and this expansion of our FOREX.com offering in the Canadian market is an important part of providing comprehensive access to the retail investor. We also give retail investors the ability to trade the way they…

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IG Group
March 16, 2022 BY Steffy Bogdanova

IG Group sees 13% rise in Q3FY22 revenue

IG Group’s CEO, June Felix, commented: I'm delighted to be reporting another quarter of outstanding performance driven by a record number of clients trading in the period. All-time high number of clients IG Group also reported a record number of active clients. During the third quarter, the numbers reached 292,200, compared to the same period…

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CMC markets
March 15, 2022 BY Steffy Bogdanova

CMC Markets commences £30 Million share buyback program

CMC Markets further explained that the maximum aggregate number of shares that it will repurchase is 29,071,747 ordinary shares. RBC Europe Limited has been appointed to manage the Buyback Programme on its behalf. CMC Markets first announced the decision to launch the buyback program on 2 March. Board of the company decided to return excess…

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PrimeXM
March 10, 2022 BY Steffy Bogdanova

PrimeXM trading volume jump 33% YoY in February

The total number of trades reached 34.32 million in February, registering a 5.65% rise compared to January’s 32.48 million trades. In February, PrimeXM’s Data Centre in LD4’s notional trading volume stood at $950 billion. TY3 recorded $136 billion and NY4 followed with $124 billion. SG1’s monthly growth more than doubled reaching $3.02 billion.

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March 08, 2022 BY Steffy Bogdanova

eToro registers 2.1 million new users in fourth quarter

Yoni Assia, the CEO and Co-Founder of eToro, issued the following statement: eToro closed 2021 with a strong fourth quarter, generating over $300 million in total commissions. We are extremely proud of our accomplishments in 2021, some of which include growing the eToro network by more than 9 million registered users while more than doubling…

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March 04, 2022 BY Steffy Bogdanova

Russian-owned UK broker Sova Capital enters special administration

UK Financial Conduct Authority (FCA), which regulates Sova Capital, said that the court had appointed Teneo as special administrators and would start assessing client money and custody assets. The FCA said: The Special Administrators will write to the firm’s clients with their proposals for the Special Administration within 8 weeks of appointment, this will include…

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