Broker News

Broker News

Plus500’s Revenues Rises 48% YoY in H1 2022

Plus500, one of the world’s leading multi-asset financial trading services companies, has released its first-half financial results for the six months ended 30 June 2022 (H1 2022). Plus500 saw a 48% increase in revenue throughout the mentioned period, amounting to $511.4 million.   EBITDA increased by $305.3 million in the second half of 2021, compared …

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Broker News

Monex Group Reports Solid Revenues in Q1 FY23

Today, the Monex Group, a Japanese financial services firm, released its results for the first quarter of the fiscal year 2023. While revenues increased despite a challenging global environment, profitability took a significant dive during the current quarter. In the Q1 of the fiscal year 2023, revenues rose to JPY 17.698 billion, with solid growth …

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Broker News

LiteFinance Launches a Regional Office in Singapore

LiteFinance, a retail forex and CFDs broker, has opened a new regional representative office in Singapore to boost its presence in Asia. The new office was announced on Tuesday and will assist the broker’s clients and partners in Singapore and provide professional training courses in trading and investing locally. Furthermore, the firm anticipates earning money …

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Broker News

CySEC Initiates  ICF Compensation for Maxigrid Clients.

On Tuesday, the Board of the Cyprus Securities Exchange Commission announced that it had initiated the process of compensating clients of Maxigrid Ltd under the Investors Compensation Fund. They made the decision on March 28 but was only publicly announced quite recently. Maxigrid operates multiple forex and contracts for differences (CFDs) trading brands, such as …

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Risk Premium and What It Can Do For You as an Investor

CySEC Fines Capital Com for Non-Compliance with Article 16(2)

The Cyprus Securities and Exchange Commission (CySEC) has fined CIF Capital Com SV Investments Ltd. 10,000 euros for non-compliance with article 16(2) of Regulation (EU) 596/2014 on market abuse. In January 2022, CySEC fined Atlantic Securities Ltd for violating Article 16(2). CySEC fined Atlantic 3,000 euros only, a significantly lower amount than what they fined …

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Bux

BUX Expands Into Cyprus, Appoints Jean-Raphael Nahas as MD

On Wednesday, Dutch online broker BUX announced the completion of its acquisition of a Cyprus Investment Firm (CIF). As a result, it obtained regulatory approval to provide financial services in Cyprus. The move comes after Brexit as the company focuses on continuing its services to European Union clients. The firm has completed the migration of …

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Equiti Group Adds MT5 to Expands Platform Offering

Equiti Group Adds MT5 to Expands Platform Offering

Equiti Group is one of the leading providers of online technology and multi-asset financial products. They announced the expansion of their product offering through MetaTrader 5, which is a popular multi-asset trading platform. MetaTrader 5, or MT5, is one of the most popular trading platforms available. Due to its quick execution time, copy trading, and …

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xness, hot a record of $1.59 trillion in total trading volume.

Exness Hits $1.59T in Trading; Sets Another Record

February was an extremely successful month for Exness, with almost $1.59 trillion in total trading volume. This was the broker’s best month ever in terms of the trading volume. For some time, the Cypriot-headquartered retail forex and contracts for differences (CFDs) broker has experienced a spike in interest for trading activities. It is one of …

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