Category: Brokers

September 21, 2022 BY Steffy Bogdanova

eToro secures in-principle approval in Abu Dhabi Global Market

Jason Hughes, Senior Executive Officer, UAE at eToro said: This is an important milestone for eToro. The UAE has one of the most vibrant fintech landscapes in the Middle East, and Abu Dhabi one of the most sophisticated regulatory frameworks for digital assets. We’re incredibly proud to be joining this ecosystem. We look forward to…

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September 20, 2022 BY Steffy Bogdanova

HYCM on investing in high inflation

Coghlan regularly comments on market-moving news on financial media outlets such as Reuters, Nasdaq, FT Adviser, City AM, Daily Mail, CNBC Arabia, Asharq. Giles Coghlan stated: This is possibly one of the best times to trade FX since 2009 due to central banks increasing interest rates for the first time in years. The different speeds…

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IG Group
September 15, 2022 BY Steffy Bogdanova

IG Group reports total revenue of £241.8 million in Q1FY23

According to the numbers, Core Markets+ total revenue for the quarter came in at £200.3 million, registering an uptick of 5% YoY. tastytrade total revenue in Q1FY23 grew by 62%, or 15% on a pro forma basis. On a constant currency basis, pro forma total revenue stood at $41.1 million, up 1%, driven by additional…

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September 15, 2022 BY Steffy Bogdanova

VT Markets adds US, UK, and EU shares CFDs

VT Markets now offers more than 500 leveraged US shares CFDs. The list includes Amazon, Apple, Google, Visa, as well as other giants across different industries. For UK shares CFDs, traders have access to more than 100 top companies in the country, including Barclays, Vodafone Group, Lloyds Bank, and Unilever. For EU shares CFDs, among…

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Saxo Bank
September 08, 2022 BY Steffy Bogdanova

Saxo Bank net profit falls to DKK 302 million from H1 2022

Kim Fournais, CEO and founder of Saxo Bank, said: The results are not satisfactory and affected by difficult market conditions during the first half of 2022. Despite volatility in financial markets, trading activity was lower than the same period last year. Saxo Bank added that as it witnessed a drop in demand, its cost levels…

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September 06, 2022 BY Steffy Bogdanova

Online FX and CFDs broker Traders’ Hub launches in the UAE

Suhail Al Otaiba, CEO at Traders’ Hub commented: We are extremely proud to be launching a new online trading firm in the UAE. Our goal is to become the investment house of choice for local and MENA region trading clients as well as provide the best trading environment for international expats and businesses in the…

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