Category: Broker News

Broker News
Broker News

XTB Seeks to Cancel Share Buyback to Boost Dividends

XTB, a retail broker based in Poland, has decided to cancel its planned share buyback program and distribute its 2022 profits as dividends instead. The company aims to boost its dividend distribution from PLN 3.25

Broker News
Broker News

UK Trade.com Operator Sees 216% Revenue Jump.

Trade Capital UK (TCUK) Ltd, the operator of the Trade.com brand in the UK, reported a yearly increase of over 216% in its annual revenue in 2022, closing with £759,240. It’s consistent with the company’s

Broker News
Broker News

iS Prime and ThinkMarkets Face-Off in Court

iS Prime, a prime-of-prime broker, and retail FX/CFDs broker ThinkMarkets have settled their exclusivity lawsuit at the last minute. The settlement was reached on Tuesday, the expected trial date, according to Law360. In 2017, iS

Broker News
Broker News

CTF Spurs 3% Increase in Gaitame Revenue

The Swiss interdealer broker and operator of a Japanese retail broking giant, Compagnie Financière Tradition (CFT), released its financial report for the first quarter of 2023. The company recorded a consolidated revenue of CHF 271.6

Broker News
Broker News

FCA Identifies “Surveillance Gaps” in UK CFDs Providers

The UK Financial Conduct Authority’s Market Watch report highlighted deficiencies in surveillance among contracts for difference (CFDs) providers. The report found that nine CFD providers in the country are not adequately addressing market abuse risks

Broker News
Broker News

ThinkMarkets Expands to APAC with NZ License

On Wednesday, ThinkMarkets announced its grand expansion into the Asia Pacific (APAC) region by establishing a new entity in New Zealand. New Zealand’s Financial Markets Authority (FMA) will regulate the new entity. Such an expansive

Brokernews
Broker News

Trade Nation Sponsors Two English Cricket Clubs

Trade Nation, a provider of forex and contracts for differences (CFDs) services, has expanded its sports sponsorship initiatives with the latest acquisitions of England cricket clubs – Hampshire Cricket and Southern Vipers. Trade Nation is

Broker News
Broker News

Axi Expands Manchester City FC, Adds Women’s Team

Australia-based FX/CFDs broker, Axi (formerly known as AxiTrader) recently extended its partnership with the renowned English football club Manchester City FC. Interestingly, it has also broadened its sponsorship rights to include Manchester City’s women’s team!