FXCM announced a wider launch of its Stock Basket offering to its customers this Tuesday. The company has offered six stock baskets to its retail clients. The basket products are now available for trading by its users via its entities based in Australia and South Africa. Already, FXCM offers foreign exchange as well as cryptocurrency …
With the stock market as the biggest trend in the coronavirus economy, online investment firm eToro announced 13 million users. The platform saw the surge during the first four months of 2020. When measuring against the same period against the previous year, the firm saw its new users increase by 427 percent. Furthermore, these new …
eToro Sees Another Coronavirus Surge in Trading Volumes Read More »
RoboMarkets, announced this Tuesday that it will be reducing the minimum lot and order volume step for trading indices. Starting May 14th, it will change its trading conditions and reduce the minimum lot and order volume step for indices. Its clients will be able to trade indices with lower margin requirements under these new changes. …
Robomarkets Reduces Min. Lot and Order Vol. Step for Indices Read More »
Japanese financial services firm, Monex Group Inc., reported strong earnings on Thursday. These results were generated by its brokerage arm Monex Inc. for the fiscal year ending on March 31. The company revealed that its wholly-owned subsidiary generated a profit of ¥1.66 billion ($15.6 million). It ended considerably higher than 2019’s ¥688 million. The forex …
The firm’s license was already opted for cancelling since March 16, 2020.
CONSOB the Italian securities regulator, blacklisted a new list of FX and crypto-focused brands today. Actions on these unauthorized actors in the market came as offshore brokers continued to chase online trading businesses in Italy. This includes within the grey area of the country’s cryptocurrency sector. The following websites belong to entities that do not …
The oil market is in a rampage, and asset platforms are making the most of it. Multi-asset investment platform eToro announced a new long oil portfolio for retail investors who want in. Unprecedented price movements led to high volatility in US oil. Prices went down into the negative territory in early April, the first time …
eToro Launches OilWorldWide Amid COVID-19 Crisis Read More »
US-based brokerage firm TD Ameritrade, is a broker-dealer subsidiary of TD Ameritrade Holding Corporation. The company’s fiscal first-quarter revenue rose slightly from a year earlier even as it slashed its trading commissions to zero. Net revenues at Nebraska-based company was $1.48 billion in three months. That was through March 2020, up from $1.45 billion in the Q1 …
TD Ameritrade Revenue Rises in the First Quarter | Wibest Read More »
Admiral Markets, a foreign exchange broker has detailed its emergency plan this Wednesday. This was following the record volatility of crude oil, with prices falling into negative territory on the U.S. oil market. It has outlined to its customers that should any crude oil CFDs fall below US$5, it will enable ‘Close Only’. It will stop …
Synergy FX, the Australian brokerage run by FX veteran Christian Dove and then acquired by ACY Securities underwent rebranding. It is now launched as Synergy Markets. Synergy Markets started accepting clients earlier this week. The new version of the brand should see positive feedback by the market. This expectation is based on the reputable track …
ACY Securities’ Synergy Relaunches with Dove | WIBEST Read More »
Plus500, announced this Thursday it has purchased more than 20,000 shares through Credit Suisse Securities (Europe) Limited. The London-listed but Israel-based broker, said the move was part of its ongoing share buyback program. It bought 21,317 shares at a volume weighted average price paid per share of £1.176 today, the15th of April. This was according …
Plus500 Buys 21,317 shares on April 15th | Wibest Read More »
Sydney-based stockbroker ACY Securities rolled out its MetaTrader5 platform called MT5 Xchange. The Australian Securities and Investments Commission-regulated broker offers hundreds of stocks from a few of the largest companies worldwide. The firm gives access to Nasdaq, the New York Stock Exchange (NYSE), and the Australian Stock Exchange (ASX). ACY’s new platform provides access to …
The Capital Markets Authority of Kenya or CMA has warned against engaging in online foreign exchange trading through unlicensed platforms. The CMA, an independent government financial regulatory agency stressed to citizens of Kenya not to invest with unauthorized entities. If they do, they can be at risk of losing their investments because the law does …
Kenya’s CMA Warns against Online FX Brokers | Wibest Read More »
Ventura Prime FX Limited just selected MetaTrader 5’s hedging options for clients using Android, iOS, web, and desktop platforms. The Labuan FT Malaysia-registered international broker operates under the trading name VPFX. Under the agreement announced on Tuesday, the broker now offers more than 200 instruments through the platform. The firm launched the FX trading platforms …
A few days ago, the Millennial trading app Robinhood faced accusation of paying clients to back out from a class action. A US District Judge denied an Emergency Motion for Temporary Restraining Order against the firm for “misleading communications.” Lawyers’ allegations revolved around a $75 goodwill credit to compensate for the firm’s losses from an …
Robinhood Wins Against Urges for Restraining Order Read More »
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