Category: Broker News

CHARTS & ANALYSIS, fynxt
Broker News

AXI Taps FYNXT to Create MAM/PAMM Accounts

AXI, a leading FX and CFD broker, announced its collaboration with FYNXT, a Singapore-based fintech (formerly; Simple2Trade), to expand its service via the Forex Managed Accounts Services (MAM/PAMM) platform. Additionally, the broker emphasizes improved administration

 IG Group Records Strong Revenues for Q1 FY22
Broker News

 IG Group Records Strong Revenues for Q1 FY22

Today, IG Group released a revenue update for the three months ended 31 August 2021 (Q1 FY22). The global leader saw decent growth in revenues during this period. According to official figures, IG’s adjusted net

EUR/USD, Forex market, Dollar
Broker News

Saxo Bank’s FX Volumes Drop During August

In August 2021, Saxo Bank experienced a dip in trading volumes.  While the daily average was $4.4 billion and monthly volume reached $96.8billion, these figures were down from July’s respective numbers of 5.1 billion and

GKFX’s Former Executives Arrested for Massive Fraud
Broker News

GKFX’s Former Executives Arrested for Massive Fraud

Turkish authorities have arrested GKFX Financial Services Ltd’s former senior executives for the alleged involvement in the massive $29 million fraud. The six suspects manipulated accounting books and embezzled the Maslak-based brokerage’s money. Authorities have

FXOpen Offers Stock CFDs Offering to its Aussie Clients
Broker News

FXOpen Offers Stock CFDs Offering to its Aussie Clients

On Wednesday, FXOpen announced the addition of equities market product offerings to its Australian clients. Their Australian clients were onboard under the FXOpen AU, their locally regulated entity. FXOpen is a Global forex and CFDs

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