John Marley WiBestBroker.com

Zenfinex Reports Revenue Surge but Faces Operating Losses

Leave a Comment / Broker News / By John Marley

London-based broker Zenfinex, now operating as Taurex, has exposed its fiscal year 2023 financial results, which paint a complex picture of its economic situation. Zenfinex’s Fiscal Overview Zenfinex Limited’s revenue hit £848,306, a significant rise from the previous year. However, direct costs reached £196,627, hinting at potential issues. The company reported a gross profit of …

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UP Fintech’s Q1 2024 Revenue Up by 19%, Profits Double

Leave a Comment / Broker News / By John Marley

UP Fintech Holding Limited announced its unaudited Q1 2024 financials, ending March 31. CEO Wu Tianhua revealed a 19% year-over-year revenue rise, reaching $78.9 million. Net income attributable to UP Fintech’s ordinary shareholders rose to $12.3 million, showcasing a solid performance in Q1. Non-GAAP net income hit $14.7 million, reflecting financial strength and efficiency. UP …

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CFI Boosts Visibility With Key Middle Eastern Airline Deals

Leave a Comment / Broker News / By John Marley

CFI, an online trading brokerage, has signed advertising contracts with five major Middle Eastern airlines, including Emirates, Etihad, Qatar, Royal Jordanian, and MEA. CFI’s “Be One Step Ahead” commercial will now feature on flights from these airlines. The company gains branding rights, increasing visibility on planes and the ground. Some agreements are already active, with …

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ASIC Orders TMGM to Halt Onboarding Clients

Leave a Comment / Broker News / By John Marley

Trademax Australia Limited, operating under the TMGM brand, faces interim stop orders from the Australian regulator under Design and Distribution Obligations (DDO). The broker must halt new trading accounts and dealings in CFDs and margin FX for 21 days unless the orders get revoked earlier. ASIC Cracks Down on TMGM On Thursday, the ASIC issued …

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Dutch Neobank BUX Names Marcel Jongmans as Chairperson

Leave a Comment / Broker News / By John Marley

BUX Holding, the parent firm of mobile investment platform BUX, today announced Marcel Jongmans as the board’s new Chairperson. With almost 30 years in financial services, Jongmans will succeed Founder Nick Bortot, who will stay involved as a Board Observer. BUX Introduces New Chairperson Marcel Jongmans Jongmans takes the role amid significant organizational shifts at …

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How Bitcoin Alora 3.0, Version 500 Optimizes Investments

Leave a Comment / Broker News / By John Marley

Introduction: Versatile Investment Strategies with Bitcoin Alora 3.0, Version 500 Bitcoin Alora 3.0, Version 500 is designed to accommodate diverse investment scales, from modest sums to substantial portfolios, ensuring every trader can achieve optimal market performance. Small Investments: Maximizing Efficiency and Growth Starting with a small investment can be daunting, but Bitcoin Alora 3.0, Version …

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Bit Alora 2.0: Transforming Trading with Advanced Analytical Tools

Leave a Comment / Cryptocurrency / By John Marley

Bit Alora 2.0, Version 360 transforms ordinary trading actions into strategic victories by equipping traders with advanced analytical tools. These tools act as an extension of a trader’s skill set, magnifying their capabilities and optimizing their market activities. Transformative Analytical Tools: Elevating Trading Strategies Bit Alora 2.0, Version 360 integrates a suite of analytical tools …

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StoneX Q2 Sees FX, CFDs Revenue Rise Despite Lower Volumes

Leave a Comment / Broker News / By John Marley

In its fiscal second quarter spanning January to March 2024, StoneX Group, which owns GAIN Capital, reported a notable 30 percent surge in its forex and contracts for differences (CFDs) revenue, reaching $80.3 million. Trading Volumes Suffer a Drop Despite a significant revenue boost in FX and CFDs, the platform witnessed a 23% fall in …

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Комиссия по ценным бумагам и биржам США раскрыла мошенничество QZ Asset Management на сумму $100 млн

How Bitcoin Alora Ai, Version XP Serves Traders

Leave a Comment / Cryptocurrencies / By John Marley

Introduction to Flexible Trading with Bitcoin Alora Ai, Version XP Bitcoin Alora Ai, Version XP revolutionizes how traders approach the market by offering adjustable parameters that suit any trading strategy. Whether you aim for quick profits or long-term investment growth, this platform stands ready to meet your needs. Tailored Strategies for Every Trader The platform’s …

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XTB Steps Into UK ISA Market, Plans Autumn Launch

Leave a Comment / Broker News / By John Marley

XTB announced its entry into the UK’s £400 billion ISA market less than a quarter of a year after its initial announcement. The fintech company based in Poland plans to unveil its first ISA products in the UK by autumn. XTB Targets UK’s ISA Market, Diversifying Offerings XTB CEO Omar Arnaout, during the earnings call …

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BTN Centre Review

33 Comments / Brokers Reviews / By John Marley

In this BTN Centre review, we will embark on a trading journey, where cutting-edge technology meets unparalleled market access. This broker enables traders to leverage global financial opportunities with ease and precision. You can begin trading with a platform that supports your growth by providing detailed analytical tools and real-time data. Transitioning into trading is …

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Livaxxen Review

51 Comments / Brokers Reviews / By John Marley

Avis sur le broker: Livaxxen Choosing an adept broker is a fundamental step for anyone looking to engage seriously in online trading. Livaxxen emerges as an outstanding broker with its robust platform designed to handle diverse trading strategies. It offers unparalleled access to global markets, enabling traders to explore a vast array of financial instruments. …

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Admirals UK Achieves Profit Turnaround in 2023

Leave a Comment / Broker News / By John Marley

Admirals (formerly known as Admiral Markets), based in the UK, ended 2023 on a high note by earning a net profit of over £46,000. It was a significant improvement from a nearly £291,000 loss the year before. The company’s revenue soared by 40% to £8.4 million. Despite higher administrative expenses, which slightly surpassed the operational …

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Plus500 Witnesses Growth in Q1 Revenue

Leave a Comment / Broker News / By John Marley

In the first quarter, Plus500 reported a $215.6 million revenue, marking a 4% rise Y-o-Y and a 14% increase Q-o-Q. Customer income was $169.6 million, with $30.6 million coming from customer trading performance. The remaining revenue came from interest income. Today’s unaudited trading update shows Plus500’s Q1 EBITDA hit $102.6 million, up 2% Y-o-Y …

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Axi Renews CFD Sponsorship Deal with Football

Leave a Comment / Broker News / By John Marley

The Australian Federal Court has ordered Prospero Markets, a trading broker for forex and CFDs, to shut down and has appointed a liquidator to refund client money. This move follows a demand from the Australian Securities and Investments Commission (ASIC). On Thursday, the court demanded the closure on grounds deemed just and equitable. BRI Ferrier’s …

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John Marley

Zenfinex Reports Revenue Surge but Faces Operating Losses

UP Fintech’s Q1 2024 Revenue Up by 19%, Profits Double

CFI Boosts Visibility With Key Middle Eastern Airline Deals

ASIC Orders TMGM to Halt Onboarding Clients

Dutch Neobank BUX Names Marcel Jongmans as Chairperson

How Bitcoin Alora 3.0, Version 500 Optimizes Investments

Bit Alora 2.0: Transforming Trading with Advanced Analytical Tools

StoneX Q2 Sees FX, CFDs Revenue Rise Despite Lower Volumes

How Bitcoin Alora Ai, Version XP Serves Traders

XTB Steps Into UK ISA Market, Plans Autumn Launch

BTN Centre Review

Livaxxen Review

Admirals UK Achieves Profit Turnaround in 2023

Plus500 Witnesses Growth in Q1 Revenue

Axi Renews CFD Sponsorship Deal with Football

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