Thu, April 25, 2024

Broker News

AvaTrade Targets Spanish Market for Growth

Since its inception in 2006, AvaTrade has been a major player in the financial sector. Initially, the firm specialized in Contracts for Difference (CFDs) across various assets, such as stocks, commodities, indices, and cryptocurrencies, before branching out to options trading. AvaTrade offers multiple trading platforms to meet diverse needs. Traders can use MetaTrader 4 and …

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Navigating Wiolin.com's Tech-Driven Trading Haven - day trading

Navigating Wiolin.com’s Tech-Driven Trading Haven

In the ever-evolving landscape of forex and CFD trading, finding a broker that caters to tech-savvy individuals can be a game-changer. Wiolin.com, with its cutting-edge approach and innovative services, emerges as a beacon for traders who thrive on the latest in technology. Wiolin Platform At the core of wiolin.com’s allure is its meticulously crafted proprietary …

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Unlocking Trading Potential with AGlobalTrade: A Comprehensive Review

Unlocking Trading Potential with AGlobalTrade: A Comprehensive Review

The world of online trading has witnessed a surge in interest in recent years, with traders seeking innovative platforms that can provide them with an edge in the competitive financial markets. In this comprehensive article, we undertake a detailed review of AGlobalTrade, an online forex broker, to explore its features and benefits for traders across …

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crypto

Luzuna: Empowering AI in Cryptocurrency Trading

In the rapidly evolving realm of cryptocurrency trading, maintaining a competitive edge is paramount. This is precisely where Luzuna makes its mark, introducing an innovative crypto auto-trading platform fuelled by cutting-edge AI technology. In this article, we will delve into the distinctive features and advantages that position luzuna.com as a frontrunner in the field. Revolutionising …

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Unlocking Trading Potential with AGlobalTrade: A Comprehensive Review

Hantec’s 7% Revenue Surge Fails to Boost 2022 Profits

While experiencing a 7% surge in revenue, reaching £5.76 million in 2022, Hantec Markets’ UK division could not convert this increase into profits, revealing a net deficit of £83,968. Hantec Markets Holdings Limited, based in the UK and licensed by the FCA, conducts the brokerage’s operations and is originally from Hong Kong but has offices …

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Axi Debuts Proprietary Trading with Attractive Profit Split

Axi, formerly known as AxiTrader, is boldly stepping into the proprietary trading arena despite the sector’s current turmoil following actions against My Forex Funds. The Australian Forex and CFDs broker has launched a proprietary trading scheme, Axi Select. Axi Select: The New Player in Prop Trading In a recent statement, Axi clarified that the proprietary …

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Navigating Wiolin.com's Tech-Driven Trading Haven - day trading

TIOmarkets UK’s 2022 Revamping Results in Reduced Revenue

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 extension witnessed a rise in sales costs to $197,131, an increase from $145,935 the previous …

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Pepperstone Adds Spread Betting into TradingView Platform

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 can place spread bets on instruments like forex, commodities, indices, and shares using the platform’s …

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Massachusetts Battles Robinhood Over Trading Gamification

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 valid. Massachusetts High Court Supports State Regulator Bill Galvin put forth an enforcement action against …

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Dukascopy’s Trading Revenue Takes an 80% Hit in H1

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, a multinational Swiss entity, manages its retail forex and Contracts for Difference (CFD) brokerage and …

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Hirose UK’s Earnings Spike by 400% in 2023 Despite Similar Turnover as 2021

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 more than 400%, moving from £59,039 to £295,298. Quadrupled Profit for Hirose UK In the …

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Darwinex’s Profit Surge 70% Profit as Trader Equity Stays Steady

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 UK Companies House report, Tradeslide’s profits soared from €225,000 in 2021 to €377,000. Furthermore, the …

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AETOS UK’s Operating Expenses Nearly Match FY23 Earnings

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 previous year. Revenue Performance of AETOS UK Despite the year-on-year growth, the earnings remain …

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H1 2023 Sees a 39% Surge in Doo Group’s Trading Volume.

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 handle over $452.3 billion in trading volume. Doo Group’s Stellar Performance Doo Group’s portfolio includes …

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