AvaTrade, a Forex and CFD broker, launched an innovative copy-trading solution to help its users connect with other traders and industry experts. AvaTrade partnered with Pelican Trading to launch the new mobile application. AvaSocial is a new mobile application, the regulation of which falls to the Financial Conduct Authority (FCA). Furthermore, the broker partnered with …
Enigma offers a compliant Copy Trading Service to customers who prefer a more hands-off approach. Since 2019, Enigma Strategy has been operating as a trading name of Mayfair Capital. Now the Strategy has secured its license from the UK Financial Conduct Authority (FCA). FCA is is a conduct regulator for financial service firms in the …
LandFX UK Ltd, the UK-based arm of FX and CFDs broker LAND-FX, has published its annual financial results for 2019. It reported a significant increase in its revenue, amounting to £470,000. The UK subsidiary of the Asian broker reported total revenue of only £65,000 in 2018. Meaning, last year, its revenue leapt up by 623% …
The United Kingdom’s Financial Conduct Authority (FCA) has recently warned against a new fraudulent company trying to dupe investors. This is while financial scam operations are ramping up all over the globe. The fraudulent broker is operating as Prime Capital Invest. It claims that it is under the control of ETX Capital parent Monecor (London) …
Invast Securities Co., Ltd has published on Thursday its business metrics for the month of July. The company reported a drop across its two main metrics, operating revenue and total amount of deposited margin. Operating revenue for the online securities brokerage was ¥386 million for the month of July. This figure is lower than the …
Invast Securities Operating Revenue & Deposited Margin Down Read More »
After a controversial election, internet and cell service have been down in Belarus since Sunday. Furthermore, this appears to be a deliberate move by the country’s Government as violent protests erupt across the country. Websites and trading platforms of many foreign exchange (forex) brokers are now inaccessible to their clients. This was a side effect …
The Financial Conduct Authority (FCA) on Wednesday exposed another fraudulent entity. It brings to light a clone that has been posing as London headquarters of the FCA regulated brokerage ETX Capital. The FCA alleges that the copycat broker has chosen to operate under the brand ‘ETX Capital Global. It advertised its parent entity as Monecor …
FCA Eyes on Clone of UK Broker ETX Capital | Wibest Broker Read More »
ATFX has revealed that it has opened a new office in Kraków, Poland. This was part of the broker’s expansion plan for the European Union. The focus of the new Polish office will be IT development and marketing, as well as search engine optimization (SEO). The broker has chosen Kraków to open the new office …
Peter Quick, an Independent Director of GAIN Capital Holdings, Inc. has acquired over 50,000 of its GAIN Capital Shares. Quick has acquired 52,024 common stock on the 27th of July 2020. This was according to a Form 4 document filed through the Securities and Exchange Commission in the United States. For each share, Quick purchased …
CLSA Premium Limited, a Hong Kong-based forex broker, has posted the results of the voting on a proposal. The proposal is for potentially winding up its business, and a decision against it appeared. In a voting process conducted today in an extraordinary general meeting (EGM), 80% of the shareholders voted against the proposal. People cast …
IG Group Holdings plc has published its financial results for its 2020 fiscal year, ending on the 31st of May. It revealed an overall successful year for the company. In the final quarter, it was boosted by COVID-19 volatility. The online trading provider achieved a net trading revenue of £649.2 million during the 12-month period. …
Invast Global is a multi-asset brokerage and a prime services provider. The broker announced on Thursday that it will continue its support for Qantas Australian Women’s Sevens team. Specifically, this will be for the upcoming HSBC Sevens Women’s World Series campaign. Invast Global has been sponsoring this rugby team for a number of years now. …
Invast Global Extends Sponsorship for Aussie Women’s 7s Team Read More »
Despite the multiple outages, investors continue to put money, and at a rising valuation, toward the no-fee investing app Robinhood. Announcing the new mega-funding on Monday, Robinhood has nabbed $320 million, at an $8.6 billion valuation. This was in a round led by previous investors as well as new backers, including TSG Consumer Partners and …
Robinhood Now Worth $8.6 Billion After New Funding Round Read More »
Excite One, a Japanese broker, announced its decision to terminate its foreign exchange services of Macaso and Trading Station. The services will end on the 30th of September 2020. In fact, according to the statement from the broker, the company has decided to cancel its financial instruments business. This was as of Wednesday, the 21st …
Excite One to Terminate Macaso and Trading Station Read More »
Skilling, a foreign exchange (forex) and contracts for difference (CFD) platform, has revealed that it has reached another milestone. It integrates and launches on the MetaTrader 4 trading platform. MetaTrader 4 is a prominent electronic trading platform used by brokers. The Cyprus Securities and Exchange Commission (CySEC) and Seychelles’ Financial Service Authority (FSA) licenses Skilling. …
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