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OANDA Japan: No More fxTrade, USD/JPY Margin Shift
On Friday, one of Japan’s longest-standing online forex and CFD brokerages, OANDA Corporation, announced major changes to their service. Specifically, the Japanese subsidiary of the brokerage will no longer allow new downloads of its desktop version of the fxTrade trading
FXOpen Offers Commission-Free Trading
FXOpen took the plunge and now offers commission-free trading services to its retail customers! On Monday, FXOpen announced that brokers were no longer required to pay any commission fees for index trades placed on an FXOpen ECN account. The remarkable
Plus500 Ends 2022 with $832M in Revenue.
On Tuesday, Plus500 declared a year-end trading report displaying that the company’s revenue surged to $832 million for the financial year 2022 – an impressive 15.7% YoY growth! Furthermore, the EBITDA of the organization skyrocketed to a remarkable $454 million
Admirals Acquires Kenyan License, Eyes Seychelles Takeover
On Thursday, Kenya’s Capital Markets Authority (CMA) granted a license to Estonia-based Admirals – a non-dealing online forex trading broker. It is an incredible leap forward in global financial technology and marks yet another success for Kenya! Admirals is confident
Spotware launches new Copy Trading Feature to CTrader
Spotware Systems has revolutionized CTrader Desktop with a copy trading feature in the desktop version of its renowned platform. As one of Cyprus’s leading electronic trading providers, they have taken this opportunity to offer an even more comprehensive and enhanced
SEC Seizes $4.3 Million FX Ponzi Schemes
The Securities and Exchange Commission (SEC) recently filed charges against John Fernandez, 26 years old, and his two companies – Avail Progression and Elite Generators – for functioning with unregistered and fraudulent forex trading plans. Last Friday, the official charges
Tavira Securities Closes FY22 with 48% Jump in Revenue
Tavira Securities Limited had a fantastic financial year end in 2022, raking in a whopping £24 million – 48% higher than the previous fiscal’s revenue. The traditional brokerage business may have declined by 7% but Tavira made up for it
Saxo Bank’s Demand for FX Trading Rises by 7.8% in November
Saxo Bank published its trading metrics for November and reported a surge in forex trading activities. Saxo Bank reported a monthly trading volume of $138 billion, which was 7.8% higher than the previous month. Saxo Bank is a brokerage headquartered
Consob Blocks 4 More Illegal Trading Platforms
Italy’s financial market watchdog, Consob, has blocklisted four more websites for operating illegally in the country. The number of fraudulent blocklisted platforms reduced to 805 is the ongoing effort by authorities to reduce illegal activity within this industry. The
Futu’s Net Profit Rises 23%, Despite Drop in Trading Vol
Futu, an online brokerage that provides Chinese investors with access to the Hong Kong and US stock markets, has released its unaudited third-quarter financial results. The company reports a 12.4% increase in revenue, reaching $247.9 million. The company’s gross profit
New Investment Opportunities for deportees in Spain
BinckBank is a Dutch stock-brokerage. It offers an online trading platform to trade financial assets. The company was founded in 2000. The company was mostly dealing with the professional broker market and banks. In October, of the same year, it
Japanese Broker Rises Despite turbulent summer
This summer has been quite turbulent and unstable in the trading community. Many brokers and trading providers announced a decline in buyer activity during this period. Japanese Forex broker giant Gaitame is the only broker that reports solid volumes during
Best Affiliate Program Creator of 2019
HotForex was founded in 2010 in St. Vincent and the Grenadines. It is a unified brand and the “HF Markets Group” owns it. It is a high-quality broker company. The broker’s main mission is to offer customers the best services
Binance’s new branch moves towards US
Recently, the American arm of cryptocurrency exchange giant Binance has made an interesting statement about one of its projects. Binance.US news has announced that it will start trading fiat-crypto and crypto-crypto trading pairs on Tuesday. The newly launched trading platform
BUX Zero offers new App right from the Netherlands
BUX is a retail brokerage based in the Netherlands. Recently, it officially launched its BUX Zero trading app. On Wednesday, all the waitlisted users finally had a chance to start using the app. Thus, the broker has signaled the beginning
UK Based Broker Upgrades MT4 with a New Partner
A UK-based financial dealer CMC Markets has opened up about its new partnership. Recently, CMC Markets has expanded its MetaTrader4 platform with FX Blue. The dealer and its partner have added 27 additional applications. FX Blue is a leading provider
Chilean Broker offers clients new MetaTrader 5
Mercados G is a Chilean broker, has been providing its services in Chile for years. It has been delivering the most transparent offers in the market. Recently it made a statement that MercadosG is offering the new and upgraded MT
UK Broker offers new institutional trading desk
Recently, ATFX the London-based broker announced that it plans to launch an institutional trading desk – ATFX Connect. This is not the first retail-trading firm that wants to provide services to institutions. ATFX has been quite successful in creating, developing,
Arsenal partners with a leading Fintech Company
The Global Kapital Group is proud of the partnership with Premier League’s best football clubs. The Global Kapital Group is a successful Financial Service and Fintech Company. It specializes in payment services, credits, banking, commodities, and forex. The Global Kapital
Russian Scam Clone Uses Swiss Bank Brand to scam users
Recently, a Swiss online bank has found out about a fraudulent company that has been manipulating naïve users and scamming them for money. Dukascopy is a well-known Swiss online bank. Mostly, it specializes in online and web trading, like mobile
