Fri, April 19, 2024

Broker News

CMC Markets Renews Blues Sponsorship for 3 More Years

CMC Markets, a London-based financial services firm, has extended its sponsorship agreement with New Zealand’s professional rugby team, the Blues, for another three years. The two companies initially agreed to a partnership deal in February 2021 for two seasons. The three-year renewal was announced just as the existing arrangement ended. CMC Markets will be Blues’ …

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Bricknode Obtains SEK 5 million Loan to Open a Brokerage.

Bricknode has successfully secured a SEK 5 million loan from a leading financial institution to establish a new brokerage service. Bricknode is a SaaS company in the financial services industry, and the funding will allow them to provide an even better experience for their clients.  They’re excited to get started on this new venture. On …

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Global Brokerage: 22% Net Revenue Rise to $37.8M in Q2-2022

Global Brokerage Inc., which owns FXCM, an online forex trading and contract for difference (CFD) broker, saw a 21.6% growth in its net revenue during the second quarter of 2022. Net revenue in the quarter was $37.83 million, significantly increasing from $31.1 million during the first quarter. Global Brokerage announced this on Friday in its …

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Vantage Launches Copy Trading App to its UK Traders

Vantage, a Sydney-based multi-asset broker, has introduced V Social, its social trading product, to traders in the UK. Vantage deemed V Social a ‘professional social network’ that allows traders to auto-copy signals, execute transactions, chat and analyze results. In a press release on Friday, Vantage announced the launch of V Social. The UK CEO of …

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ACY Securities Opens New Office in Melbourne, Eyes 2024 IPO

On Monday, the Australian-based currency and CFD broker, ACY Securities, announced the opening of a new office in Melbourne. It was part of the company’s efforts to enhance and expand its operations. This year it has plans to open additional offices. In a recent press release, the ACY Group also announced plans for another corporate …

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BUX Rebrands CFDs Trading Platform to ‘Stryk’

On Monday, European commission-regulated brokerage firm BUX announced rebranding its CFDs trading platform to Stryk, primarily to differentiate its distinct services. The move came after BUX aggressively expanded the reach of both its zero-fee training app and CFDs platform. The CFDs platform, launched in 2014, was very similar to the company’s zero-fee trading app, BUX …

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FTX Buys 7.6% Stake in Robinhood But Denies Takeover Talks

According to a Bloomberg report, Crypto exchange FTX is considering acquiring the American retail trading platform, Robinhood (Nasdaq: HOOD). The report cites anonymous sources as there is no official announcement about the deal yet. Sam Bankman-Fried, the founder and CEO of FTX, acquired a 7.6% stake in the commission-free broker. Bankman-Fried stated that he had …

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Equiti Brokerage Expands its Crypto CFD Offering

Equiti Brokerage, one of the world’s leading online brokers, is expanding its offering to include margined crypto CFDs. The move provides Equiti clients with one of the industry’s most comprehensive and competitive offerings and allows them to trade through the MT5 platform. Whether you’re a new trader just getting started in the world of crypto …

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City Index Launches Performance Analytics for UK Traders

City Index has launched its new brand with PlayMaker, an innovative performance analytics feature that allows clients to monitor their trading plans in real-time. The company updated its branding recently, and it’s now available on the website. This refreshed design will provide customers with a more modern experience as they navigate through all of our …

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BitiCodes, Biti Codes Review: The Upcoming AI Auto-trading Platform

BitiCodes, Biti Codes Review: The Upcoming AI Auto-trading Platform

As trading becomes more complex and competitive, it is important to have the right tools to trade. Therefore, BitiCodes was born – the most accurate auto trading platform in the crypto industry. BitiCodes software will pave the way for your financial success with the flexibility to trade Bitcoin, Ethereum, Solana, XPR, Cardano, and more. In …

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Georges Cohen Acquires 5% Stake in Squared Financial.

SquaredFinancial announced that Georges Cohen had returned to the company as an investor. He has acquired a 5% shareholding in the firm. Cohen is a well-known French businessman currently based in Geneva. In 1970, he joined Capgemini as a commercial sales engineer at age 17. Transiciel is one of France’s most successful information technology consulting …

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ETX Capital and Oval Merge and Rebrand to OvalX

ETX Capital and Oval Merge and Rebrand to OvalX

ETX Capital is leading forex, and CFDs brokerage has rebranded to OvalX after integrating its services with Oval, its sister fintech. After delivering trustworthy services for decades, they made sure any changes they introduced didn’t affect their customers. As a new step, they changed the name to OvalX and their website to ovalx.com. ETX Capital …

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