Grenadines-based broker Invest100, under Growth Capital LLC, secured registry of foreign exchange in Belarus. The move was after the Bank of Russia revoked forex licenses from several firms last year. Invest100 will undergo an assessment of their trading platform in the National Forex Center. NFC qualifies forex companies that have a capital of at least …
The global online trading provider CMC Markets Plc published positive expectations for the last quarter of its 2020 fiscal year. This was due to higher client income in comparison to the first half of 2020 from April to September 2019. Without providing exact figures, the group reported higher net operating income for Q3 ended on …
FBS just became FC Barcelona’s Official Trading Partner for the next four years through June 20, 20204. The partnership is a part of Barca’s global commercial strategy to continue being a benchmark marketing club. The partners plan to hold joint programs to offer unique online and offline experiences for their respective audiences. The FBS name …
FBS Partners with FC Barcelona for Global Expansion Read More »
After a long, slow November in Forex, GAIN Capital Holdings, Inc. bounces back with a four percent jump in volumes. The forex broker’s clients transacted a total of $130.8 billion in December 2019. The broker’s transaction volume was at $125.6 billion in November of 2019, which was significantly lower than October 2019. However, the company’s …
GAIN Recovers from Forex Drought | Wibest Broker Read More »
The retail brokerage unit of Japanese IT giant GMO Internet recovered from its weakest Forex OTC volumes throughout 2019. November proved quieter for investors than the holiday season in December. Namely, the broker reported a 4.6 percent uptick month-on-month in December from $465.2 billion to $486.8 billion. The increase wasn’t as notable as the firm …
Higher Expectations in Toll for GMO Click | Wibest Broker Read More »
Plus500, an online provider of CFDs, published their expected revenue through the London Stock Exchange recently. The Group expects to report revenue of around $354 million and an EBITDA of $190 million. The Group’s board claims their yearly performance is the result of the strong latter half of the year. Their CEO, Asaf Elimelech, said …
The Global Forex Awards celebrate the best brokers in the business annually since 2010. The following brokers made the most reappearances in the Global Forex Awards from 2010-2018. The most reappearances go to FXCM, which won the best Forex award in Europe in 2010 and the USA in 2010, then 2014-2016. It also won the …
24Option received an order to stop financial securities operations in Italy this week. According to the country’s securities regulator Consob, the company was banned from non-compliance with specific regulations. Domains barred from the country include www.24option.com, www.rodeler.com, www.24fx.com, www.grandoption.com, and www.quickoption.com. Consob’s decision also prevents the Cyprus-based company from soliciting customers and providing investment services …
Two years after UK firm IKON Finance exited the Forex market, a heavy retail client filed several suits against them. Consequently, the broker’s client, acquisitor Hantec Markets was dragged along with it for a much higher price. The Jordanian heavyweight client Hafex Fakhri Taji Al Farouqi seeks nearly $11.6 million in misappropriated funds and damages. …
Third Heavy Suit Against IKON, in Progress | Wibest Broker Read More »
Invest by Freetrade will offer a thousand new stocks and exchange-traded funds (ETFs) in the UK starting Tuesday. The mobile-based parent stockbroker said the platform will reduce costs tremendously. Founder and chief executive Adam Dodds said unreasonably high fees from traditional providers should not be normal. Instead, users can benefit from Invest in the form …
Freetrade Starts Flagship Platform in the UK | Wibest Broker Read More »
Saxo Bank posted a month-on-month drop for FOREX, commodities, fixed income, and equities trading volumes. The drop puts the broker in the list of firms slowing down as US-China tensions rise again. FOREX trading measured lower against the previous month by 23.9% at $107.4 billion against last month at $141.2 billion. The slump represents the …
Broker Slowdown List Grows in November | Wibest Broker Read More »
After years of using execution data solely for internal affairs, online FOREX broker FXCM Group, LLC, announced an offering expansion. The broker launched a suite of real-time data to suit different trading requirements. Data products will provide insights for customers, snapshots of market activity, and an accurate representation of client behavior. Moreover, the firm now …
FXCM Publicizes Real-Time Market Data | Wibest Broker Read More »
XP Inc. expects to see the biggest initial public offering for a Brazilian Forex company on Nasdaq. The largest stockbroker in the country looks forward to about $1.5 billion to $2.1 billion raise. With a range of $22 and $25 per share, the broker plans to set its public price at its midpoint. This would …
Largest Brazilian Stockbroker, En Route to Record Breach Read More »
FXOpen UK joined MetaTrader 5 adopters this week when the company launched MetaQuotes Software’s latest flagship terminal. The UK entity of the FXOpen group will offer access to Electronic Communication Network trading and interbank liquidity. The broker’s clients can now choose between two order accounting systems via MT5, in addition to its economic calendar. The …
TradeStation Securities, Inc., announced its new product, TS SELECT, last Wednesday. TS SELECT is a pricing plan offering free commissions on the web or mobile platforms. The solution gives investors fees on their desktop platform. Clients can open a TS SELECT account that allows them to trade stocks, options, equities, equity options, and futures. However, …
