Browsing: Broker News

We talk to PipFarm CEO James Glyde about how the company has managed to stop the scammer onslaught.

It is very hard to see how Kraken could buy NinjaTrader in cash. This deal is about equity issuance and a potential IPO.

Kraken will be able to offer futures and get a license in the US, while NinjaTrader can now offer its products in the UK, EU, and Australia.

Ouinex is the first crypto broker to launch using a no-CLOB execution model.

Aneira Henery-Morley was with the broker for 12 months, having previously spent almost four years working at IG Group.

Rebusco joined Onyx Capital just under a year ago to set up its retail offering, Onyx Markets. He worked for almost a decade at IG Group.

VFTradings offers clients two types of challenges, across six different account sizes.

The competition will run throughout March and give traders the opportunity to access a $25,000 account with BrightFunded.

Local Capital.com CEO Tarik Chebib said that the broker wanted to save money on ad spend and see if the technology would work.

Natasha Kassar joined TrioMarkets almost 2.5 years ago. She will work as Regional Sales Manager at YaMarkets.

FundingPips has started offering MT5 clients again after getting a license from the mystery regulator in the Comoros.

Equiti said that using Click to Messenger ads meant is saw a reduction in cost per lead and a higher volume of leads.

VP Capital said it wants its to focus on core investments, with Capital.com likely to integrate crypto into its offering.

Ouinex has raised over $4m from investors and will be the first crypto exchange to operate on a ‘no-CLOB’ basis.

This is the second major sports sponsorship that Hantec Markets has announced so far this year.

NAGA Founder Ben Bilski says he wants to solve a number of different problems facing the crypto trading industry.

Tawasal will integrate Crypto.com into its ‘super app’ and also refer the company’s services to its regional partners.

MGX made the investment in Binance using an unnamed stablecoin. Binance employs around 1,000 people in the UAE.

DB Investing is based in Dubai and has licenses in the Seychelles and the UAE.

ATFX saw a huge surge in stock trading, with the broker now among the top 7 companies globally.

Saxo Bank offers some growth potential, some synergies, and the potential to cream off lots of cash.

Boruvanov will work for NAGA from Sofia. He was most recently Global Head of Sales at rival brand ActivTrades.

INGOT Brokers already has licences in Kenya, the Seychelles, and Jordan.

Saxo Bank was valued at $1.7bn in the deal, which will see it remain as a standalone business.

Fintokei also said that its biggest single payout for the year was $129,032, with an average payout of $3,881.

Baker is the latest in a series of experienced executives to make the move to Kama Capital.

The Stocktwits event will take place on April 30th in New York. eToro is seeking to expand its presence in the US.

Aladham is the second senior appointment that ATFX has announced this week.

Kononovich will work from the INFINOX London office. The broker was acquired by former StoneX executive Marc Joppeck last year.

Alex Ratford is one of several former IG Group executives to make the switch into the cryptocurrency industry.

INFINOX is the first brokerage company that Carlos Casagrande appears to have partnered with.

Lamaris joins Tauro Markets from Octa Markets, where he was Head of Dealing for just under a year.

MEX Orient looks like it will target institutional and B2B2C partners in Asia and the Middle East.

Hantec Markets is sponsoring the series of concerts as part of its efforts to celebrate 35 years of business.

Saxo Bank actually saw a decline in net income from trading activity in 2024, with higher costs offsetting growth in topline revenues.

We speak to Maven Trading CEO Jon Alexander about how the company managed to succeed in a crazy 12 months for the prop industry.

Patel is the latest in a series of senior FXCM executives to join ATFX. He managed FXCM’s trading team for over a decade.

The goal of the new Zerodha product seems to be to make options trading as simple as possible for Indian clients.

Bybit set up the bounty programme for people to help it recover funds stolen in a $1.5bn hack.

OneRoyal is likely to use Forlan to target clients in Latin America.

Versus Trade will offer clients a new set of innovative products to trade in and industry-leading rebates for partners.

Invidiatrade will let users access DXtrade on desktop, web browser, and mobile – all using TradingView charting.

Zeybo joins EC Markets from rival brand FXGT, where he spent almost three years as the firm’s Global Head of Business Development.

XM holds regular galas in key markets around the world but this was the first large scale event that the firm has done in Peru.

DB Investing opened its Dubai office in 2023 and has since made it into a major hub for its operations.

The programme will see 30 students from the Cyprus University of Technology working at Capital.com for a three month period.

Shenouda joins from rival brand StoneX and is the latest in a series of senior executives to join Daman Markets.

Theodosiou previously worked at Exclusive Capital. FundedNext is one of several props that has started expanding into the brokerage space.

XTB CEO Omar Arnaout told TradeInformer last year that Chile had the potential to become one of the broker’s largest branches.

Vassiliades joined Pepperstone in 2020, shortly before the broker acquired a license from CySEC.

Higgins worked at IG Group for almost 13 years. He joined the broker as a copywriter in 2012 and went on to hold several senior roles at the firm.

Hughes joined eToro in 2022 and was key in setting up the broker’s UAE office. He has held senior roles at several other brokers, including IG Group.

Nemr joins CFI after a short stint at Tauro Markets. She has worked in the brokerage industry for over a decade.

Eli Shwartz joins eToro from Discount Bank, where he spent the last four years as the bank’s Head of Digital Marketing.

Herzberg progressed from a client-facing role to being a key figure in the eToro marketing machine.

XM Co-Founder Costas Cleanthous made the donation via the Cleanthous Foundation, a charitable organisation he set up in 2023.

Plus500 CFO Elad Even-Chen said the group expects futures to make up to 35% of total revenues in the next 3 – 5 years.

Doo Group now has more than 1,000 employees globally and has close to 30 licences for its different financial services businesses.

Blum operates solely as a crypto trading app within Telegram. The app has had almost 15m users in the last month.

EC Markets has already been working with Judd Trump since the start of 2024.

The event is a sign of the growing ATFX presence in Australia. ATFX opened its office in Australia last year.

Crypto trading surged in the final quarter of 2024, with Robinhood seeing a six-fold QoQ increase in transaction revenues from the asset class.

The Good Money Guide Awards are in their 8th year and provide a great opportunity for brokers to gain further recognition for their work.

Doron Rozenberg has held senior marketing roles at crypto exchanges and CFD providers, including eToro and Trive.

Capuano has worked in the retail trading industry for over two decades. Most recently he was Head of Europe for Capital.com.

Trescothick has been in the online trading industry for almost two decades, including a long stint at broker easyMarkets.

Myanmar has become a hotbed for call centres, which target foreigners using so call ‘pig butchering’ scams.

Bitpanda was previously active in the UK but stopped onboarding clients after the FCA introduced regulatory changes in 2023.

Demetriou previously worked as Head of Sales for the Capital.com UK entity.

The FCA-regulated arm of London Capital Group was taken over by a number of senior industry executives at the end of 2022.

Robinhood first announced that it would be launching the ETDs in the final quarter of last year. UK clients can already use margin trading.

We talk to Trive SA CEO Marius Grobler about what makes the market tick in South Africa.

This is the second time in 12 months that a broker’s office has been targeted by a shooter.

Saxo Bank has been up for sale for several years, with this sale possibly an effort to make it more attractive to potential buyers.

The new license means VPFX can market and sell its products to clients in the UAE as an introducer.

eToro has historically only offered USD accounts, but has been rolling out different deposit and payment options over the last few months.

NAGA is seeing multiple benefits from its merger with CAPEX.com. The broker saw a huge increase in affiliate-based traffic last year.

The local CEO of Trive said the new cars were part of the broker’s efforts to build its brand and level of trust with clients in South Africa.

TradeLocker Hub lists prop firm challenges and prop firms, with Brokers and Partners sections coming as well.

Khalayi joins Pepperstone from rival brand EGM Securities, where he spent over six years and was promoted on multiple occasions.

Shenouda has been with StoneX, which owns brokers FOREX.com and City Index, for almost six years.

Vantage will be an Official Partner of the Scuderia Ferrari HP Formula One team. The broker said the partnership was confirmed in January.

StoneX also reported revenue per million at City Index and FOREX.com rose 23% during the final quarter of last year.

The new website features a refreshed UX and a change to the prop firm’s colour scheme and branding. Atmos was launched in November last year.

Griffin was previously at CMC Markets and also worked as Global Head of Trading at FXCM. Fuze Traders is a prop firm based in Switzerland.

Abu-Hamdan joins HFM from Hantec Markets. He worked at Hantec Markets for close to 15 years, most recently as CCO as well.

Coinbase employs more then 200 people in the UK, which is its second-biggest source of web traffic.

OANDA owner CVC Capital has been looking to sell for some time now. FTMO say the broker will continue to operate as a separate business.

Kraken is likely to offer perpetual futures using the CySEC-regulated entity, with a local employee acting as product lead for the derivatives.

The contest – called The Leap – can be accessed by traders globally and has a prize pool, backed by CME Group, of $25,000.

We talk to SALVUS Funds Managing Director Nikolas Xenofontos about what the changes in the Seychelles mean for brokers and why they were made.

Zelek joined the firm in December. RoboMarkets announced it would be exiting the retail CFDs space in the EU last year.

Swissquote generated 26% of its total revenues from B2B operations, although most of that likely came from other retail brokers.

XTB continues to onboard large numbers of clients, seemingly by using more vanilla products – like equities and ETFs – for marketing.

Kama Capital was previously operating under a Category 5 license, which allowed it to introduce clients to one of its other entities.

The International Trading Institute will offer an 18-month, master’s style programme to applicants, with teachers from investment banks.

Capital.com also said that Germany was its second biggest market, although the number of trades was less than half of the UAE total.

Traders that deposit $1,000 with amana and make 10 trades before the end of the campaign date will get a 1-carat diamond from ZS Jewelry.

Tsirpi joins TopFX from rival brand HFM. He was with HFM for almost four years, working as Regional Head of Business Development.

ActivTrades is one of the only players left that’s still targeting clients in the UK. The broker also has a large set of clients in Brazil.