Category: Brokers

plus500 revenue
May 16, 2022 BY Steffy Bogdanova

Plus500 anticipates to surpass market expectations for FY22

Plus500 stated: The Group's strong performance so far in FY 2022 has also been driven by the development of new proprietary technologies and product offerings, which will deliver growth and drive expansion and diversification across new geographies. London-listed broker made significant steps in its global expansion. Plus500 entered Japanese trading market with the acquisition of…

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EightCap introduces TradingView
May 12, 2022 BY Steffy Bogdanova

Eightcap integrates with TradingView

Joel Murphy, Eightcap CEO, commented: Providing our clients with unique trading resources is a priority for us as we continue to build a home for our traders. TradingView is used by millions of traders worldwide, and we are excited about this partnership as it allows our clients to make the most out of TradingView's outstanding…

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TP ICAP
May 11, 2022 BY Steffy Bogdanova

TP ICAP sees 15% increase in revenue in Q1 2022

Energy & Commodities activity increased 5% in the quarter to £107 million. The numbers were driven by growth in Oil and Power & Gas in the US, while in Europe, Power & Gas declined, as high prices and significant volatility led to lower volumes. Parameta Solutions, which offers data & analytics and post-trade solutions, registered…

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Capital.com: female traders have higher levels of education compared to male traders
May 10, 2022 BY Steffy Bogdanova

Capital.com research shows female traders have higher levels of education compared to male traders

Lin added: As more women generate their own wealth, they will increasingly control the deployment of their assets and become key financial decision-makers in their households. This trend, which is a characteristic of many emerging economies, contributes to greater financial and investing confidence among women. “Female investors are more disciplined” According to Capital.com’s research data,…

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StoneX
May 05, 2022 BY Steffy Bogdanova

StoneX FX/CFD revenue jumps 32% in Q2 2022

The New York-headquartered Group’s revenue from FX and CFD jumped 32% in Q2 2022, gaining $98.9 million, attributed to an $18.8 million increase in retail operating revenue. Gain Capital acquisition StoneX acquired Gain Capital in 2020 and is now the owner of major forex and CFDs trading brands. In the second quarter the company reported…

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Saxo Bank
May 04, 2022 BY Steffy Bogdanova

Saxo Bank FX trading volume falls 17% MoM in April

The daily average in forex trading was stood at $5.7 billion, down from the previous month’s $6.6 billion. However, the number is slightly up from April 2021’s $5.6 billion. Equities registered a 27% MoM drop to $169.10 million last month but it gained 48.1% compared to the previous year. Fixed income instruments brought in $8.6…

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HotForex rebrands to HFM
May 03, 2022 BY Steffy Bogdanova

HotForex announces rebrand into HFM

The borker recently secured a regulatory license in Kenya in East Africa as part of its growth strategy. HotForex already rebranded its European business to as HF markets and now the company is bringing the same branding to its offshore entities in Seychelles, Kenya, South Africa and Dubai.

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Robinhood
April 29, 2022 BY Steffy Bogdanova

Robinhood sees a 43% revenue drop in Q1 2022

Client numbers were also down Robinhood saw significant drops in client metrics, as well. Monthly active users on the platform decreased 10% to 15.9 million for March 2022, compared with 17.7 million for March the previous year. The numbers were also down 8% form the end of December 2021. The broker attributed the decline to…

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