In 2022, TIO Markets UK Limited, a branch of TIOmarkets, underwent substantial restructuring and consolidation, resulting in a year-end income of $34,171, a decrease from the previous year’s $150,961. TIOmarkets UK Attains Break-even Status in 2022 In 2022, the UK-based
Online trading provider Pepperstone, based in Australia, has now brought spread betting to TradingView, its social charting platform. The Forex and Contract for Difference (CFDs) brokerage stated that ‘tax-free’ spread betting was now accessible to UK customers on TradingView. Users
The no-fee brokerage, Robinhood, encountered a significant setback in their battle against Massachusetts’ Secretary of State, Bill Galvin. A ruling by the Supreme Judicial Court of Massachusetts (SJC) confirmed that the state’s fiduciary duty rule, crucial to the case, stood
The Swiss-based Dukascopy today made its interim consolidated income statement public. The report showed a sharp 80% plunge in profits, dropping to CHF 889,000 in H1 of this year from CHF 3.9 million during the same period in 2022. Dukascopy,
Hirose Financial UK Limited, a digital retail forex trading service provider, has experienced an impressive surge in its annual profit for the year ending on March 31, 2023. The firm’s profit, regulated by the UK Financial Conduct Authority, escalated by
Tradeslide Trading Tech Limited, operating as Darwinex in the UK, reveals a near 70% surge in earnings in its December 31, 2022, annual report. The report spans 18 months, commencing June 30, 2021. Darwinex Growth in AUM According to the
The UK arm of AETOS Capital Group, AETOS Capital Group UK Limited (AETOS UK), concluded the 2023 fiscal year with an annual turnover of £399,017 per their most recent Companies House filing. The figure reflects a 12% increase compared to
The first half of 2023 witnessed a significant increase of 39.4% in the trading volume of Doo Group, a conglomerate of various financial service entities, including forex and contract for differences (CFDs) brokers. During this period, the group managed to
The Abu Dhabi-based brokerage group, ADSS, has decided to scale down its United Kingdom operations through its regional subsidiary, ADS Securities London Limited (ADSSL). This decision, announced on the company’s website, is a strategic move aimed at shifting resources towards
For the following season, the Israeli financial firm eToro has reaffirmed its patronage of SK Slavia Prague, the most venerable football club in the Czech Republic. The company, which specializes in social trading and investment, first assumed the mantle of
The largest forex broker in the US, GAIN Capital Holdings, Inc, gained aggregated trading volumes for the second consecutive time. Despite the recovery from a long-bearing low, volumes still failed to meet its 2019 equivalent this January. GAIN Capital’s client
The future of brokerage is one with fast, simple, and direct access to the US market with no surprises. Founder and CEO of the digital brokerage platform Stake Matt Leibowitz just announced the company’s expansion into the UK. Leibowitz believes
For the third consecutive year, Australian forex broker AETOS Capital Group announced a renewal on its partnership with Sydney FC. The agreement allows the broker to remain as the football club’s Principal Partner. The broker’s logo will be on the
European broker RoboMarkets just launched more than 500 contracts for differences (CFDs) on its European stocks on its R Trader platform. R Trader is the firm’s multi-trading platform that now offers stocks from 11 European countries that weren’t available beforehand.
One of the largest investment banks and securities in China just announced its intentions to raise approximately HK$3.729 billion. Guotai Junan International Holdings Limited offered one out of every three existing shares held on February 7, 2020. The company, part
The Singapore Exchange (SGX) just accepted Catalist-listed Ayondo’s application to extend its deadline to resume trading. According to SGX, the firm had to submit the proposal with a plea to resume operations within 12 months. Ayondo was suspended from trading
Millennial-focused trading platform Robinhood just suffered one of its worst outages when Dow had its biggest point gain since 2009. Clients couldn’t log in while some couldn’t access certain volumes all throughout the close. Many of its 10 million users
Europe’s largest online trading platform IG US increased its market share this week, following $20.4 million earned in customer deposits. The January figure was 25% higher against the previous month, which is also about six times bigger than in mid-2019.
Following another Plus500 co-founder, vice president of engineering Omer Elazari purchased close to £700,000 worth of company shares. Meanwhile, the online contracts for difference (CFD) provider is continuing to execute its share buyback program. Elazari bought £659,890 worth of the
Increasing volatility in the financial markets worried the Australian Securities and Investments Commission (ASIC). It reminded issuers to remain vigilant. The Australian regulator sought to increase their number of measures in place against higher than normal volumes in trade. To