Category: Broker News

Broker News

Interactive Brokers Sees Uptick in Accounts, Drop in DARTs

In December 2022, Interactive Brokers Group, a reputable US electronic trading platform with an international reach, released its performance metrics. Last month, the Daily Average Revenue Trades (DARTs) reached 1.751 million – a decrease of

French Authorities Expose 15 Unlawful Forex Platforms

The AMF and ACPR in France warn the public to beware of 15 newly detected websites offering unauthorized foreign exchange investment services. Furthermore, they discovered an illegal platform providing derivative products whose underlying include cryptocurrencies.

Broker News

FMA Sues Tiger Brokers for CFT/AML Breaches

The Financial Markets Authority (FMA) of New Zealand has brought a civil lawsuit against the local subsidiary of Tiger Brokers, an online trading platform. FMA alleged that Tiger Brokers breached rules around Countering the Financing

Broker News
Broker News

TRADE.com Receives FINRA License, Enters US Market

The TRADE.com brand, owned by Trade Capital Markets North America LLC, received licensure from the Financial Industry Regulatory Authority (FINRA) to provide broker-deal services legally in the US. Trade.com is a provider of multi-asset contracts

Commodity
Broker News

Zenfinex Enters MENA with New DFSA License

Zenfinex, an FX and CFDs broker headquartered in London, has gained licenses from regulators in Dubai to expand its services throughout the Middle East & North Africa (MENA). The company is looking forward to becoming

Brokernews
Broker News

An Expanding Broker

CFI offers trading services with forex and contracts for differences (CFDs) of many other popular asset classes. Most of the broker’s regulated entities are located in the Middle East, such as in the United Arab

Broker News

BUX UK Saw a 49% Decline in Revenue 2021

BUX UK’s revenue has decreased by 49% due to a “significant portion” of their clients migrating to an EU sister entity, resulting in over £4.2 million in losses from their UK operations. The decrease in