Broker News

Online Broker Tastyworks Rebrands to Tastytrade

The renowned online broker Tastyworks rebranded itself as Tastytrade. The robust platform allows retail investors to trade in futures, options, and cryptocurrencies from one convenient location. On Wednesday, Tastyworks proudly proclaimed its brand-new development in a press release. They have announced that they will transition to the Tastytrade branding over the upcoming weeks and also …

Online Broker Tastyworks Rebrands to Tastytrade Read More »

ThinkMarkets’ New Security Feature Fights Fraudulent Calls

ThinkMarkets, an international digital broker based in London and Melbourne, is delighted to reveal a new security feature. The feature will assist customers in protecting themselves against the countless fraudulent calls plaguing online traders.  Yesterday, they announced introducing a one-time password (OTP) endorsement into their contact process as an additional layer of verification. The innovative …

ThinkMarkets’ New Security Feature Fights Fraudulent Calls Read More »

Compagnie FT Ends Q4-2022 with 8.9% Revenue Rise.

During the Q4 of 2022, Compagnie Financière Tradition (CFT) experienced a steady rise in revenue. The Swiss interdealer broker and operator of a Japanese retail broking giant reported consolidated earnings at CHF 231.1 million.  It was an 8.9% increase from the previous year’s figure after being adjusted for currency fluctuations. The rise is remarkable progress …

Compagnie FT Ends Q4-2022 with 8.9% Revenue Rise. Read More »

Swissquote Records CHF 185M Pre-Tax Profits in 2022

On Thursday, Swissquote reported that their total revenue and pre-tax profit for 2022 were far above the projected minimums of CHF 400 million and CHF 185 million, respectively. The online broker’s results are notably lower than their high watermark established in 2021. The annual net revenue was CHF 472 million, and pre-tax profit stood at …

Swissquote Records CHF 185M Pre-Tax Profits in 2022 Read More »

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 10% from the previous month and 21% lower than in December 2021. The Group’s other financial indicators have experienced significant …

Interactive Brokers Sees Uptick in Accounts, Drop in DARTs Read More »

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. On Wednesday, both regulatory authorities warned the public to refrain from investing in unlicensed forex and crypto-assets derivatives being offered …

French Authorities Expose 15 Unlawful Forex Platforms Read More »

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 of Terrorism (CFT) and anti-money laundering (AML). On Wednesday, the financial market regulator declared they intend to impose a hefty …

FMA Sues Tiger Brokers for CFT/AML Breaches Read More »