Category: Brokers

Fxview establishes subsidiary based in St Vincent & Grenadines
June 22, 2021 BY Steffy Bogdanova

Fxview establishes Subsidiary based in St Vincent & Grenadines

Virk commented: The offshore entity is a key milestone for Fxview. This will allow our existing and new clients to take full advantage of our innovative ecosystem ranging from state-of-the-art platforms & tools, lightning-fast execution, excellent trading conditions and stellar customer support. Fxview is a brand in its own right and is both operated and…

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Admirals
June 22, 2021 BY Steffy Bogdanova

Admirals open a regulated subsidiary in Jordan

Sergei Bogatenkov, the CEO of Admiral Markets AS, commented: The Middle East and North Africa region is home to 600 million people, which means a great potential for us to grow our customer base and gain a larger market share, while looking to provide the opportunity for people in the region to experience the joys…

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Global Kapital secures license from Finra to operate in America
June 16, 2021 BY Steffy Bogdanova

Global Kapital secures license from FINRA to operate in America

Gokhan Erkiralp, GK Group Brokerage CEO, commented: Since 2020, Global Kapital Group has initiated a strategic journey to expand its international reach and introduce its products to an ever-increasing number of customers. We are excited that today the next step in our global growth strategy brings us into the world's largest financial market. GKG revealed…

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Swissquote
June 16, 2021 BY Steffy Bogdanova

Swissquote expects a jump in revenue in H1 2021

The announcement stated: The strong organic growth that has been ongoing for months continues at Swissquote. Since the beginning of the year, Swissquote has been registering a massive inflow of new clients and new assets. The first months of 2021 have seen strong trading activities in Swissquote’s main revenue segments (fee and commission, eForex and…

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CAPEX.com secures $21 million in a new funding round
June 16, 2021 BY Steffy Bogdanova

CAPEX.com secures $21 million in a new funding round

CAPEX.com provides services across Europe, the Middle East, South Africa, Latin America, and South-East Asia and operates four trading licenses. With more than 2100 CFD trading instruments, the broker plans to expand the offering by including Direct Market Access instruments, DeFi and blockchain-based services. The broker received its first operating license in 2016 from CySEC.…

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ATFX
June 16, 2021 BY Steffy Bogdanova

ATFX adds over 50 Hong Kong share CFDs to its offering

Some of the companies whose chare CFDs will be available for trading include HSBC Holdings, Tencent Holdings, JD.com, and Alibaba Group Holdings among others. ATFX offers its clients competitive low spreads and fast execution services, and provides a client portal, protected by encryption security system. The company has offices around the globe with locations in…

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June 15, 2021 BY Steffy Bogdanova

HSBC accused of fraud and misconduct by ECU Group

Richard Lissack, QC and barrister for ECU Group, said of the allegations that: ECU’s case is that HSBC’s foreign exchange trading desk between 2004 and 2006 were rotten. Traders treated clients’ orders as an opportunity for self-enrichment. ECU is a former client of HSBC and also alleges that HSBC’s private bank, HBPB, would commonly carry…

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PrimeXM volumes
June 14, 2021 BY Steffy Bogdanova

PrimeXM trading volumes up by 5%MoM in May 2021

Over 76% of the total monthly traded volume was recorded in Prime XM Data Centre in London LD4 – $ $719.19 billion in notional value. The Data Centre NY4 has preserved second place from TY3 with $ 140.41 billion in monthly trading volume and 10.67% MoM growth. XAUUSD remains consistent as the most popular instrument…

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CFD broker TMGM obtains FMA license in New Zealand
June 10, 2021 BY Steffy Bogdanova

CFD broker TMGM obtains FMA license in New Zealand

Chief Marketing Officer, Angelo D’Alessio, commented: This is a key milestone for TMGM. Expanding our global reach has been an important focus for us. Since the success of the Australian Open sponsorship, widening our reach was a natural step for us in this journey. Securing the FMA license further solidifies our commitment to expanding our…

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