The company expects the performance to revert to normal over the financial year. The revenue and profitability for the full year is expected to be in-line with consensus expectations. David Zruia, Interim Chief Executive Officer, said: We are pleased the business has continued to generate record levels of Customer Income, added over 100,000 new customers…
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Since its establishment back in 2010, the broker has more than doubled in size over the past two years as well as expanded and tailored its product offering into hundreds of new markets. Thanks to our presence in Dubai, Pepperstone can establish even closer ties with our clients in the Middle East. Dubai is a significant global financial hub and…
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Net trading revenue in Q4 FY20 is now estimated to be approximately £259 million (Q4 FY19: £117.9 million), with full year net trading revenue anticipated to be approximately £649 million (FY19: £476.9 million). IG Group will announce its full year results for FY20 on 23 July 2020. Read more: Ben Hemington joins IG Group as…
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The company’s Overall Volume in May reached USD$758 billion, up by 1.4% MoM compared to April. The trading volume was a bit disappointing with a 5.48% decline, compared to May last year when it registered $802 billion. And still almost half of the volumes registered in March 2020 when crossed the $1 trillion mark for…
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On 12 June 2020, all open positions on GLD accounts will be closed at the day’s closing prices. The funds on accounts in GLD will be converted in USD at the exchange rate of the company on the that day. The funds will be credited to the client’s transitory account. The investor funds on PAMM…
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Instrument Active Trader Average Spread Active Trader Effective Spread At Price Orders Positive Slippage Negative Slippage XAU/USD 11.8 14.2 54.0% 32.0% 14.0% SPX500 0.6 0.6 53.5% 29.6% 16.9% NAS100 2.2 1.0 39.1% 37.5% 23.3% EUR/USD 0.4 0.2 59.3% 32.3% 8.4% GBP/USD 1.2 0.8 44.3% 46.7% 9.0% AUD/USD 0.6 0.3 47.9% 44.4% 7.7% The retail broker…
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Elina Bagautdinova, CCO of Brokeree Solutions commented: With the rapid growth in MetaTrader 5 popularity, the number of brokerages which work with several servers and provide both MetaTrader platforms has increased. However, with traditional money management systems, the brokerages were limited in providing the service for one server at a time, and if they wanted…
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RoboForex has also improved its conditions for trading digital currencies by significantly recuing spreads for trading cryptocurrencies on Pro-Standard accounts and decreased the commission for operations involving cryptoassets by 1.5 times on ECN ones. Denis Golomedov, Chief Marketing Officer at RoboForex, commented: We’ve added new instruments, which our clients wanted so much. Like I said…
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Alex Mackinnon commented: With the changes in Australian regulations, the strongest market players will be setting the tone in the areas of a transparent business model offering competitive products and services in an ethical and transparent environment, crucial for growing financial market for leverage products to wholesale investors in Australia. CFH is a forward looking…
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FXSpotStream also reported that even through the extremely volatile period, the service was up with no interruptions. Order volumes increased twice in March compared to January and massage updates per second increased 300%. The number of clients going live in first quarter of 2020 rose 19%, compared to Q1 2019. NDF and Forwards volume also…
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