Brokers News

 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 will now offer over 700 JSE-listed company stocks and ETFs to South African Clients. The offerings will be in addition …

ThinkMarkets Now Offers Shares and ETFS in South Africa Read More »

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 later this year. The Silicon Valley startup provides a mobile trading app that is particularly popular with millennials and younger …

Robinhood Wants To Go Public, Submits IPO paperwork to SEC Read More »

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 CHF 317.3 million in 2020, a 37.6% jump compared to 2019. Their net profit exceeded expectations and reached CHF 91 …

Swissquote Records 37.6% Revenues Increase in 2020 Read More »

On Wednesday, Pelican announced its push to expand its industry reach. Pelican added Eurotrader and XpertAlgo as its two new white-label partners to its Copy-Trading solution. Both companies will integrate Pelican’s solution into their existing trading platforms to offer copy-trading services to their traders. Mike Read said they were pleased to continue their rapid expansion …

Pelican Adds Eurotrader & XpertAlgo to Its Copy-Trading Solution Read More »

Capital.com reported a massive surge in 2020 client on-boarding and now aims to enter Australia and Canada. Capital.com is a multi-regulated retail broker published its trading volume metrics for 2020 and showcased its trading services business. The broker offers services under two subsidiaries, one registered in the UK and another in Cyprus. Both subsidiaries showed …

Capital.com Reports Enormous Surge in 2020 Client On-Boarding Read More »

CMC Markets are once again looking to close the year with a strong performance. According to their update for the third quarter of 2020. High client income retention for October and November contributed positively to the business.  The company retained over 80% of client income during the quarter. However, it was less than what they …

CMC Markets 135% Revenue Jump Read More »

Today ActivTrades announced that they had received a license for their Luxembourg office. The broker plans to facilitate its European clients after Brexit. ActivTrades is an online FX and CFD broker.  ActivTrades plans to make the transition process easy for its European clients after Brexit. Moreover, the broker has registered its Luxembourg branch as ActivTrades …

ActivTrades Gets License for Luxembourg Office Read More »

Regulators alleged that Robinhood had failed to stop frequent outages and disruptions on its trading platform.  Massachusetts securities regulators are investigating the zero-fee based app over alleged failures to protect its inexperienced investors. The app was promoting its products to them aggressively. According to the regulator, the app-based platform has allegedly failed in its duty …

Robinhood Probed for Luring Inexperienced Traders Read More »