Category: Brokers

Spectrum Markets releases trading volumes
February 03, 2022 BY Steffy Bogdanova

Spectrum Markets nearly doubles trading volume in 2021

2021 milestones Spectrum’s second full calendar year in business also saw several initiatives and milestones unveiled. This includes the launch of Spectrum’s SERIX European retail investor sentiment data insights, connectivity collaborations with LIST and SIA (now part of Nexi Group), as well as the addition of individual equity Turbos to product range. During 2021, the…

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XTB
February 02, 2022 BY Steffy Bogdanova

XTB sees 71% rise in Q4 net profits

Active clients growth The numbers of active clients on the platform improved significantly in the fourth quarter, as well as the year. The broker registered 42,760 new clients in Q4, 11.3% more than the same period the previous year. The active clients on the platform came at 127,174 in the Q4, 75.8% higher than the…

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Robinhood
January 28, 2022 BY Steffy Bogdanova

Robinhood sees $423 million net loss in Q4 2021

Vlad Tenev, the CEO and Co-Founder of Robinhood Markets, commented: We had a momentous year, nearly doubling the number of customers on the platform and making critical investments in our team and infrastructure to support growth. This year, we'll expand our ecosystem of products that make Robinhood the best place to start investing and build…

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IG Group
January 27, 2022 BY Steffy Bogdanova

IG Group revenue rises 16% in H1 2022

June Felix, Chief Executive, commented:  This has been a period of outstanding performance with record revenues and profits. Since we launched our new strategy three years ago, the group has transformed from a UK-centric, CFD focused firm, to a global financial technology company with a multi-product trading platform. One of the key factors behind the…

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January 26, 2022 BY Steffy Bogdanova

HotForex secures CMA licence in Kenya

The spokesperson continued: It also demonstrates the continued success of the HF Markets Group, made possible by our clients, partners and the dedicated efforts of the HotForex team to offer the safest trading environment possible to millions of traders around the world. The latest CMA licence is in addition to the existing licenses and regulation…

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CMC Markets
January 26, 2022 BY Steffy Bogdanova

CMC Markets client money close to record highs in Q3 2022

Lord Cruddas, Chief Executive Officer, commented: I am pleased with the ongoing trends we’re seeing in client money, and physical share assets in Australia. In addition, the team is on track to launch our new UK investment platform in the first half of the calendar year. I remain confident in the outlook for CMC as…

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ZuluTrade 2.0 and future plans after the acquisition by Finvasia
January 21, 2022 BY Steffy Bogdanova

ZuluTrade shares future plans following the acquisition by Finvasia

ZuluTrade 2.0 will promote and accelerate community engagement. The new version of the platform will also focus on providing users access to analysis, data, insights and portfolio optimization tools, which are typically reserved to professional investors. With the acquisition by Finvasia group, Zulu will also gain access to its resources and will look to obtain…

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BlackBull Markets announces the launch of share trading app
January 19, 2022 BY Steffy Bogdanova

BlackBull Markets launches share trading app

BlackBull Markets COO, Benjamin Boulter, commented: From the very start, we have prioritised what investors care about. The breadth of our product offering, our dramatically low fees, and our local customer support are sure to win over investors old and new. It is no coincidence that we are one of the fastest growing brokerages in…

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