Banxso.com, a new South African exchange, is scheduled to launch on 1 April 2022. The FSCA in South Africa will fully regulate the exchange. Additionally, Banxso plans to operate in 3 more countries by the end of the year (EU countries will be regulated by CySec, UAE by DFSA, and the UK by FCA). We …
Banxso Launches in South Africa, Fully Regulated by FSCA Read More »
In the fourth quarter of 2021, Plus500 revealed its unaudited financials, which showed revenue of $161.1 million, a 75% increase over the previous year. On the other hand, the broker saw an 18% drop in overall yearly income. The broker’s fourth quarter was excellent, with EBITDA coming in at $70.9 million, up 256% from the …
Tradestation has released its critical indicators for January 2022. Across almost all variables, the company posted remarkable growth. Tradestation is an American online broker owned by the Japanese giant Monex Group. The trader closed out the month with 195,969 total client accounts, 44.7% more than last year. This represents the number of Tradestation customer accounts …
Tradestation Opened 21,052 New Accounts, a 218% YoY Jump. Read More »
The Hong Kong-based forex broker, CLSA Premium Limited (HKG:6877), is facing the possibility of business winding up again as one of its shareholders requested for a vote on whether it should continue operating or not. The majority voted against two previous requests in a couple of years, so it’s likely this time too will go …
In the United States, Revolut has expanded its offerings by providing commission-free stock trading services to its American clientele. The firm is shooting for a “financial supperapp.” The new app will enable the trade of around 1,100 listed equities and 200 exchange-traded funds (ETFs). Customers will also be able to trade full or fractional shares. …
Revolut Launches Zero-Fee Stock Trading in the US Read More »
On Tuesday, INGOT Brokers, a multi-asset broker, revealed that it has teamed up with Acuity Trading to provide its retail customer base trading signals. According to the release, INGOT clients will access Acuity’s AI news analytics technology and Signal Centre’s trade ideas. According to the broker, this will assist its clients in developing trading techniques …
INGOT Brokers to Tap Acuity Trading AI and Trading Signals. Read More »
Plus500 launched a trading update, disclosing its fourth-quarter and annual targets. The firm is anticipating finishing the yearly books with around $718 million in revenue, of which roughly $160 million will be produced in the final three months. They anticipated Q4 revenue is expected to be 24% lower than actual figures from the previous quarter. …
Plus500 Projects 74% YoY Rise in Q4 2021 Revenue. Read More »
BUX is making history today as the first online brokerage in Europe to offer clients fractional investing. With this new service, BUX has become an integral part of customers’ lives and will be able to invest on their behalf into some world-class companies like Google, Amazon, or Tesla with just 10 euros! The Zero users …
FXFlat Bank AG expands its reach beyond Germany by entering the French market. FXFlat is excited to be entering the French market with more than 1 million investors and expect that there will continue growth in this area for years ahead,” said Raphael Leblond. He has been hired as head office-based business manager from France. …
Are you interested in starting a Forex trading career and have finally decided to learn the “little secrets of the great masters?” Are you exclusively interested in specific currency pairs? Do you want to know how to pick the best UK CFD broker currently on the market? If this is your case, it is imperative …
The merger of eToro and the American blank-check firm may delay, as reported on Monday. If this occurs, it could lead to eToro’s potential failure and/or dissolution in public markets due to a lack of investor interest following Calcalist’s report.” eToro confirmed its pending merger with FinTech Acquisition Corp. V, a SPAC sponsored by prominent …
The London-based subsidiary of Aussie FX brand Axi, AxiCorp Limited, has had its financials for the fiscal year 2021 published. The company saw a solid jump in key metrics that were generated within United Kingdom business lines during this period and it looks like they are on their way to becoming one of Europe’s top …
Saxo Bank’s November trading metrics reveal a decline in demand across all asset classes. Trading volume fell 10% month-over-month, to $292.2 billion, with an average daily trading volume of $13.3 million. The financial trading platform provider reported a decline in monthly demand for all asset classes, including foreign exchange (forex) and equities. Saxo Bank’s November …
Saxo Bank Reports a 12.2% Drop in FX Volumes in November. Read More »
According to a regulatory announcement, the Ontario Securities Commission (OSC) has added Status Markets to its blacklist of firms not to do business with. The OSC has added Status Markets to its watchlist. The representatives of this firm contacted Ontario residents by phone, seeking investment money to trade various asset classes on an online trading …
On Monday, Saxo Bank, a Danish broker, announced that it would add 9 crypto-forex pairings to its TradingView service, allowing its customers to trade from the third-party social trading platform. The new TradingView connection will allow investors to trade Bitcoin, Ethereum, and Litecoin against the euro, USD, and Japanese yen. Saxo first began offering crypto …
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