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Admirals Ends Estonian License Amid Global Consolidation
During the first half of next year, Admirals Group AS, the parent company of FX/CFDs brokerage Admirals, will merge with its Estonian subsidiary, Admirals Markets AS. To accomplish this, the firm will withdraw the subsidiary’s investment company license, which may
CLSA Exits Margin Dealing, Moves to Healthcare
The Hong Kong-based broker, CLSA Premium Limited, has stopped offering margin dealing services. Instead, it will focus on its new healthcare business, which started in mid-2022. At last week’s annual general meeting, the company’s shareholders voted unanimously for proposed business
Axi Inks Sports Sponsorship Portfolio
A forex and CFD broker called Axi (formerly AxiTrader) from Australia is aiming to increase its market share in Latin America. They have signed a sports sponsorship deal with Brazilian football club Esporte Clube Bahia to achieve this. The broker
Tastytrade and LiteFinance Release Latest Features
On Monday, Tastytrade and LiteFinance, retail brokers for FX and CFDs, shared updates about their businesses. Tastytrade revealed the launch of an application programming interface (API), while LiteFinance released an updated version of its mobile trading app for iOS devices.
CEO To Pay Back 3.4 Billion for Forex Scam
Scammers aren’t anything new in the forex space. They have existed just about as long as finance itself, and the proliferation of online trading has only encouraged them. Online regulators are easier to avoid, and people investing in online trading
SFC in Hong Kong Calls Vantage Website ‘Suspicious’
The Securities and Futures Commission (SFC) in Hong Kong has cautioned against Vantage International Group Limited. Vintage is a popular forex and contracts for differences (CFDs) broker and registered arm of the Cayman Islands. The regulator warned that Vantage’s website
Acetop UK Records 6% Revenue Jump; Reduces 2022 Losses
FCA-regulated Acetop Financial Limited published its financial data for the fiscal year of 2022, ending on December 31st, revealing total takings of £180,808, displaying a yearly growth of approximately 6%. Consequently, the firm reduced its annual losses to £334,640 from
VertexFX Taps Advanced Markets’ Liquidity
VertexFX, a powerful trading platform by Hybrid Solutions, has integrated Advanced Markets. Advanced Markets provides sophisticated FX liquidity advanced technology, and credit solutions. Advanced Markets’ liquidity allows VertexFX platform users to access competitive pricing and rapid execution of trades. They
Robinhood Signs Modified Credit Agreement for $2.175 B
For the second time, RHS – a California-based broker-dealer – has amended its credit agreement with JP Morgan Chase and their banking syndicate, granting them access to an additional revolving credit facility totaling $2.175 billion. It is in addition to
OANDA Launches CFDs Exposure to Popular U.S. and UK Stocks
OANDA is a long-standing leader in multi-asset retail trading markets. On Monday, the brokerage launched its new Global Markets division featuring CFDs offerings extending beyond European equities to include U.S. and U.K. stocks. This exciting development will surely change how
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
