Category: Broker News

 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

ThinkMarkets Now Offers Shares and ETFS in South Africa
Broker News

ThinkMarkets Now Offers Shares and ETFS in South Africa

Australian-based, multi-asset, and multi-regulated brokerage firm has expanded its retail trading services to traders in South Africa. The development follows two offerings, South African Shares and ETFs (Exchange-traded funds), to its services. ThinkMarkets said that it

Robinhood
Broker News

Robinhood Wants To Go Public, Submits IPO paperwork to SEC

The controversial Robinhood trading platform has filed an Initial Public Offering (IPO) paperwork with the US Securities and Exchange Commission (SEC). Robinhood confidentially submitted a registration statement draft on Form S-1, revealing its plan to go public

Swissquote
Broker News

Swissquote Records 37.6% Revenues Increase in 2020

Today, Swissquote reported its financial results for 2020.  The Switzerland-based online platform reported a significant revenue jump, net profit, and exceptional growth in the number of active clients. Swissquote’s official results showed net revenue of