Transparency is also a key element of copy trading. Traders who allow others to copy their deals provide detailed statistics on their performance. InstaForex has compiled a list of Top 5 copy traders who are selected based on several criteria including account profitability and aggressiveness of strategy. Copy-trading may ease things for new traders and…
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The new buyback programme announced on 17 February 2021 will see the brokerage repurchase $25 million worth of shares. The move was announced following a massive surge in profits reported for 2020 and increased client activity. LeapRate reported earlier that the year ended for Plus500 with $500.1 million profit, almost 230% more than the previous…
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The purchases of share will take place in an open market transaction and market conditions, share price, trading volume and other factors will be taken into consideration. Credit Suisse Securities (Europe) Limited (“CS”) is appointed to manage the programme on the company’s behalf. Plus500 and its directors cannot invoke changes to the programme. Plus500's buyback…
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EBITDA skyrocketed by 168% to $515.9 million, compared to $192.3 million in the previous year. The company ended with net profit of $500.1 million from 2019’s $151.7 million. Client activity also remained strong on the platform. Plus500 reported 50,314 new traders in the fourth quarter, a strong increase of 158% from the previous year when…
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More than 71% of the total monthly traded volume was recorded in Prime XM Data Center in London LD4 – $633.66 billion in notional value. The Data Center in New York (NY4 and Japan (JP3) registered a monthly trading volume of $128.23 billion and $121.37 billion, respectively. XAUUSD remained consistent as the most popular instrument…
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StoneX completed the acquisition of Gain Capital in August 2020 in a $36 million deal. To execute its plan for the merger of GAIN’s UK operations, the company preparing to mitigate its exposure to the British Pound in the Gain subsidiaries. As part of its strategy, StoneX increased the US dollar balances in the Gain…
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What does Exness think about this challenge? Exness Regional Director for MENA, Mohamad Ibrahim commented: We are proud to be a sponsor of such an event and very excited about this shift to the virtual world of networking. The situation with the pandemic calls for the need to adapt and innovate and we are great…
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Additionally, CFI announced earlier in January 2021, the reduction of spreads up to 31% across various instruments with some products now reaching zero. Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury commented: Expanding the range and number of products we offer means our clients have access to an ever increasing…
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The broker’s ADV represents volumes traded across the group’s entire liquidity network, including TrueFX and Integral OCX, in aggregate. Integral’s global trading network provides services for FX market participants, including banks, brokers, asset managers, and hedge funds. Earlier in January, Integral announced extending its decade-long partnership with IS Investment, Turkey’s largest investment bank.
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FXCM’s Stock Basket products combine the shares of different companies from one sector into a one tradeable instrument. This allows customers to speculate on sectors as a whole rather than having to depend on the performance of a single company. For example, the ‘Work From Home’ basket includes the companies that have become front and…
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