Category: Brokers

Swissquote
June 16, 2021 BY Steffy Bogdanova

Swissquote expects a jump in revenue in H1 2021

The announcement stated: The strong organic growth that has been ongoing for months continues at Swissquote. Since the beginning of the year, Swissquote has been registering a massive inflow of new clients and new assets. The first months of 2021 have seen strong trading activities in Swissquote’s main revenue segments (fee and commission, eForex and…

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CAPEX.com secures $21 million in a new funding round
June 16, 2021 BY Steffy Bogdanova

CAPEX.com secures $21 million in a new funding round

CAPEX.com provides services across Europe, the Middle East, South Africa, Latin America, and South-East Asia and operates four trading licenses. With more than 2100 CFD trading instruments, the broker plans to expand the offering by including Direct Market Access instruments, DeFi and blockchain-based services. The broker received its first operating license in 2016 from CySEC.…

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ATFX
June 16, 2021 BY Steffy Bogdanova

ATFX adds over 50 Hong Kong share CFDs to its offering

Some of the companies whose chare CFDs will be available for trading include HSBC Holdings, Tencent Holdings, JD.com, and Alibaba Group Holdings among others. ATFX offers its clients competitive low spreads and fast execution services, and provides a client portal, protected by encryption security system. The company has offices around the globe with locations in…

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June 15, 2021 BY Steffy Bogdanova

HSBC accused of fraud and misconduct by ECU Group

Richard Lissack, QC and barrister for ECU Group, said of the allegations that: ECU’s case is that HSBC’s foreign exchange trading desk between 2004 and 2006 were rotten. Traders treated clients’ orders as an opportunity for self-enrichment. ECU is a former client of HSBC and also alleges that HSBC’s private bank, HBPB, would commonly carry…

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PrimeXM volumes
June 14, 2021 BY Steffy Bogdanova

PrimeXM trading volumes up by 5%MoM in May 2021

Over 76% of the total monthly traded volume was recorded in Prime XM Data Centre in London LD4 – $ $719.19 billion in notional value. The Data Centre NY4 has preserved second place from TY3 with $ 140.41 billion in monthly trading volume and 10.67% MoM growth. XAUUSD remains consistent as the most popular instrument…

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CFD broker TMGM obtains FMA license in New Zealand
June 10, 2021 BY Steffy Bogdanova

CFD broker TMGM obtains FMA license in New Zealand

Chief Marketing Officer, Angelo D’Alessio, commented: This is a key milestone for TMGM. Expanding our global reach has been an important focus for us. Since the success of the Australian Open sponsorship, widening our reach was a natural step for us in this journey. Securing the FMA license further solidifies our commitment to expanding our…

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CMC Markets
June 10, 2021 BY Steffy Bogdanova

CMC Markets reports £409.8 million net operating income

CMC said that it continued to offer its clients resilient platforms, which meant that existing clients could trade. New clients could also onboard even throughout periods in which trading volumes were extremely high and markets were especially volatile. It also continued to invest in proprietary tech platforms to diversify its offerings, having launched Spot FX…

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Credit Financier Invest New Website
June 09, 2021 BY Steffy Bogdanova

CFI Financial launches new website

Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury commented: The importance of a website goes beyond making an aesthetically appealing series of pages and delves into the needs and expectations of traders. This is a preemptive effort by the team to future proof the CFI name and experience while ensuring…

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Non-leveraged instruments added to iForex platform
June 07, 2021 BY Steffy Bogdanova

Non-leveraged instruments added to iForex platform

iForex boasts more than 750 CFD instruments on FXnet, which have higher leverage at this moment in time. Such instruments even include some of the trending cryptos, such as Dogecoin. Recently, iForex had begun to use AI to monitor trading patterns easily, while introducing features to help its traders. One iFOREX official stated: We’ve discovered…

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Exness
June 04, 2021 BY Steffy Bogdanova

Exness reports 7.5% MoM fall in trading volumes in May

Despite the slight down turn on monthly basis, May 2021 numbers are more than double compared to May last year. The number of active clients on the Exness platform is actually higher than last month and March. The broker registered 207,150 active clients and has seen an upward trend since the beginning of the year.

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