Retail FX Archives - Page 2 of 67

Malta’s Financial Watchdog Warns against Betal Trade FX

January 14, 2021

Malta’s financial watchdog, the Malta Financial Services Authority (MFSA), has issued a warning against an online trading platform that reportedly does not have approvals to operate in the country. The bogus...

Italian Trading Platform Directa Sees 53% Surge in 2020 Execution

January 14, 2021

Directa, a major Italian trading platform, has shared its 2020 trading metrics with FortuneZ, showing significant growth in its volumes. The trade execution by the platform witnessed a massive surge on all ex...

ETX Capital Sees £2.6M Net Loss in 2019, Recovers in 2020

January 13, 2021

Monecor (London) Limited, better known by its trade name ETX Capital, has published its financials for 2019 and revealed some numbers for 2020. Though the forex and CFDs brokerage saw a decline in its revenue...

ITI Capital Ends 2019 in Losses after 24% Revenue Dip

January 13, 2021

FCA-regulated ITI Capital has publicly published its 2019 financial results, showing a dent in its revenue that forced the brokerage business to remain in losses. The turnover for the year, ending on December...

IQ Option Faces Lawsuit in India over Crypto Fraud Allegations

January 13, 2021

Cypriot broker IQ Option is facing a class-action lawsuit in India for alleged fraud with cryptocurrency investment scheme, local media Bar and Bench reported last week. A Delhi court heard arguments on the ...

Alpha FX Group Releases Trading Update for EU Clients

January 12, 2021

Alpha FX Group, a UK-based provider of FX services, announced today that the broker will not be able to serve clients in certain EU countries as an outcome of Brexit until the Group’s wholly-owned subsidiary ...

Fortrade Looks ‘Satisfactory’ despite Double-Digit 2019 Profit Drop

January 11, 2021

London-based Fortrade, a forex and CFDs brokerage, has published its yearly financial results for 2019, showing a drop in its revenue and profits. However, the company seems ‘satisfactory’ with the results gi...

NAGA Group Ends 2020 with Record €25.9 Million Sales

January 11, 2021

NAGA Group announced preliminary numbers for the previous year today and mentioned that the German-based company has recorded total sales of €25.9 million in 2020. NAGA Group also expects the recent growth to...

Capital Index Partners with SteelEye for MiFIR and EMIR Reporting

January 7, 2021

Capital Index, an online broker offering FX and CFDs trading, announced today that it has partnered with SteelEye, a compliance technology and data analytics firm, to replace NEX Abide. SteelEye will provide ...

Interactive Brokers’ Retail FX Deposits Grow 20pct in November

January 6, 2021

Retail FX deposits at US brokerages, including FCMs that are registered as Retail Foreign Exchange Dealers (RFEDs) and broker-dealers, rose in November by $1.8 million, data from the Commodity Futures Trading...