Category: Forex

Freetrade
May 27, 2022 BY Steffy Bogdanova

Freetrade sees a jump in revenue to £12.7 million in FY21

The number of registered users also rose significantly during FY21, with 637,895 new traders on the platform. The year ended with a total of 886,743 users and 256% increase compared to FY20. Freetade also revealed that by the end of 2021, the numbers of users surpassed 1 million. The firm recently announced raising £30 million…

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Capex and Web 3
May 26, 2022 BY Steffy Bogdanova

Fintech under Web 3 and decentralized finance

Due to these advantages of the DeFi systems, Web 3.0 can make the onboarding process more user-friendly. It can also make the storing of data safer. The list of contributing technologies to Web 3.0 can help fintechs automate processes to perform customer journey mapping and allocate resources more efficiently to meet client demands, facilitate better…

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Daily Market Commentary
May 26, 2022 BY Steffy Bogdanova

Daily market commentary: European markets followed the global neutral trend on Thursday following a mixed opening

European Shares European markets followed the global neutral trend on Thursday following a mixed opening, as traders digest the latest macro developments. Investors welcomed the minutes of the last FOMC meeting yesterday, especially after it indicated the Fed could be less aggressive than initially expected, by changing the pace of its current hawkish approach if…

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TFB Toolbox
May 26, 2022 BY Steffy Bogdanova

Tools for Brokers introduces TFB Toolbox for plugin management

The TFB Toolbox acts as an admin portal which allows clients to do all the work with their TFB plugins and applications in a single user interface. TFB currently offers Credit Management, Dynamic Leverage Changer, and Group Exact Copier. The firm highlighted that it will be adding more plugins and role-based access, and continue to…

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FCA regulation
May 26, 2022 BY Steffy Bogdanova

FCA announces plans to reform UK listing regime

Clare Cole, the Director of Market Oversight at the Financial Conduct Authority, said: The London market is trusted the world over by companies looking to raise capital and those wishing to invest in them. That trust is created by strong standards and a world-leading concentration of buyers, sellers and the advisers who support them. The…

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Saxo appoints Charu Chanana as Market Strategist in Singapore
May 25, 2022 BY Steffy Bogdanova

Saxo strengthens market insights in APAC, appoints Charu Chanana as Market Strategist in Singapore

With more than 30 years of experience in the industry, Redmond Wong is based in Hong Kong. He focuses on communicating Saxo's global investment strategy, generating Hong Kong and mainland China focused research, and delivering actionable insights across different asset classes and tradable instruments. Charu Chanana commented: I am excited to take on this role with…

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May 24, 2022 BY Steffy Bogdanova

Why do investors like to add gold to their portfolios?

Gold has generally been steady through time as it cannot deteriorate and it does not lose its value due to age. Because of this, it has been seen as way to preserve investor wealth over time. Furthermore, unlike fiat currencies, Gold’s value cannot be controlled by a central bank, and it isn’t affected by printed…

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