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Sun, January 26, 2025
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U.S. Jobless Claims Drop to 231,000 Amid High Interest RatesSterling Hits $1.32: The Surge, Risks, and Future OutlookDow Jones Surges 243 Points, Sets New Record at 41,335.05China’s Consumer Habits Shift Post-Pandemic: A Frugal TurnTech Stocks Drop: Nasdaq Down 1.1% Ahead of Nvidia Earnings
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Broker News

Broker News

CFI Boosts Visibility With Key Middle Eastern Airline Deals

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CFI, an online trading brokerage, has signed advertising contracts with five major Middle Eastern airlines, including Emirates, Etihad, Qatar, Royal Jordanian, and MEA. CFI’s “Be One Step Ahead” commercial will now feature on flights from these airlines. The company gains branding rights, increasing visibility on planes and the ground. Some agreements are already active, with …

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Broker News

Dutch Neobank BUX Names Marcel Jongmans as Chairperson

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BUX Holding, the parent firm of mobile investment platform BUX, today announced Marcel Jongmans as the board’s new Chairperson. With almost 30 years in financial services, Jongmans will succeed Founder Nick Bortot, who will stay involved as a Board Observer. BUX Introduces New Chairperson Marcel Jongmans Jongmans takes the role amid significant organizational shifts at …

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Bitcoin Alora 3.0

How Bitcoin Alora 3.0, Version 500 Optimizes Investments

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Introduction: Versatile Investment Strategies with Bitcoin Alora 3.0, Version 500 Bitcoin Alora 3.0, Version 500 is designed to accommodate diverse investment scales, from modest sums to substantial portfolios, ensuring every trader can achieve optimal market performance. Small Investments: Maximizing Efficiency and Growth Starting with a small investment can be daunting, but Bitcoin Alora 3.0, Version …

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Broker News

StoneX Q2 Sees FX, CFDs Revenue Rise Despite Lower Volumes

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In its fiscal second quarter spanning January to March 2024, StoneX Group, which owns GAIN Capital, reported a notable 30 percent surge in its forex and contracts for differences (CFDs) revenue, reaching $80.3 million. Trading Volumes Suffer a Drop Despite a significant revenue boost in FX and CFDs, the platform witnessed a 23% fall in …

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Broker News

Admirals UK Achieves Profit Turnaround in 2023

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Admirals (formerly known as Admiral Markets), based in the UK, ended 2023 on a high note by earning a net profit of over £46,000. It was a significant improvement from a nearly £291,000 loss the year before.  The company’s revenue soared by 40% to £8.4 million. Despite higher administrative expenses, which slightly surpassed the operational …

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Plus500 Witnesses Growth in Q1 Revenue

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In the first quarter, Plus500 reported a $215.6 million revenue, marking a 4% rise Y-o-Y and a 14% increase Q-o-Q. Customer income was $169.6 million, with $30.6 million coming from customer trading performance. The remaining revenue came from interest income.   Today’s unaudited trading update shows Plus500’s Q1 EBITDA hit $102.6 million, up 2% Y-o-Y …

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Broker News

Axi Renews CFD Sponsorship Deal with Football

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The Australian Federal Court has ordered Prospero Markets, a trading broker for forex and CFDs, to shut down and has appointed a liquidator to refund client money. This move follows a demand from the Australian Securities and Investments Commission (ASIC). On Thursday, the court demanded the closure on grounds deemed just and equitable. BRI Ferrier’s …

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Bitcoin ReoPro 100

The Dual Security Promise of Bitcoin ReoPro 100 (Version 1.0)

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Security in the realm of cryptocurrency trading encompasses more than just the safeguarding of digital assets; it also pertains to the stability of investments and the prevention of volatile market fluctuations impacting one’s financial well-being. Bitcoin ReoPro 100 (Version 1.0) stands at the forefront of this dual aspect of security, offering traders a robust platform …

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Broker News

Exness March Trading Surges, Active Users at All-Time High

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March saw Exness’s trading volume soar to $3.86 trillion, marking a 9.3% rise from February’s $3.53 trillion. Despite this uptick, the figures barely fell short of the $3.87 trillion in January. Yearly comparison reveals a steady state, with March’s numbers mirroring the $3.88 trillion of March 2023.  Expanding its reach, Exness, rooted in Cyprus, has …

Exness March Trading Surges, Active Users at All-Time High Read More »

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Plus500 Expands Office Space in Haifa and Boosts Hiring

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Plus500 has significantly expanded its Haifa office space and increased recruitment efforts across various departments. Local news source Walla reports the brokerage has leased an additional 5,800 square meters in the Gev-Yam complex in Haifa. Aden Dahan, Plus500’s Vice President of Recruitment and Human Resources, stated the expansion is in anticipation of the company’s future …

Plus500 Expands Office Space in Haifa and Boosts Hiring Read More »

Broker News

Robinhood UK Launch – No Fee Trading, Margins on Hold

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After two unsuccessful attempts, Robinhood (Nasdaq: HOOD) finally entered the United Kingdom market but has temporarily removed margin trading for UK users moments post-launch. Questioning the “Regulatory Loophole” The spokesperson from Robinhood stated they put margin investing on hold while in talks with regulators. Margin trading, which involves using leverage for larger trades, is high …

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Broker News

Admirals Launches New Analytical Tools for MT4 & MT5

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Admirals recently introduced the Admirals Analytical Research Terminal, a new analytical platform designed for MT4 and MT5 traders, in collaboration with Acuity, a leader in AI-driven financial technologies. This addition uses the latest AI innovations to provide a collection of distinctive features that enhance the investing and trading experience for clients. Elevate Your Analysis with …

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ZaraFX Secures $2M Series A Funding, Appoints COO & CFO

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ZaraFX, a leading CFD Forex brokerage, recently closed its Series A funding round, securing over $2 million in investments. This financial influx marks a significant turning point in ZaraFX’s journey of expansion and advancement. Additionally, the company is excited to announce the opening of its newest office located in Dubai. Boosting Operational Capacity Through $2M …

ZaraFX Secures $2M Series A Funding, Appoints COO & CFO Read More »

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