Moneta Markets, a brokerage firm dealing with multiple assets, has achieved a significant milestone in its global expansion strategy by acquiring a Mainland Company License in Dubai. This strategic step empowers the company to reinforce its market presence in the Middle East. The firm is set to commence the next phase of its international growth …
Moneta Markets Secures Dubai License, Expands Reach Read More »
Fortune Prime Global, operating under the name of FPG Capital Group, has disclosed its purchase of GMT Markets. GMT Markets is a derivatives provider licensed in Australia, aiming to broaden its scope in forex and contracts for differences (CFDs) trading. FPG Capital Group Expands Portfolio with GMT Markets Acquisition With its main office in Melbourne …
London-based FX/CFDs broker HYCM Capital Markets (UK) Limited reported an increase in revenue for the year ending December 31, 2022. The latest Companies House filing shows that the company’s turnover exceeded £1.88 million, marking a 14% growth compared to the previous year. 2022 Performance of HYCM UK The broker, formerly Henyep UK, greatly profited from …
HYCM UK Sees 2022 Profit Drop Amid Rising Revenues Read More »
Partnership Australian forex and CFDs broker ACY Securities has teamed up with London-based payments company Currencycloud, enabling clients to deposit funds through local payment rails in over 180 countries and transact in 35+ currencies. The collaboration grants traders immediate access to a vast global payments network and solidifies ACY Securities’ position as a technology-driven firm …
ACY Securities Boosts Global Access with Currencycloud Read More »
Acuity has previously partnered with ThinkMarkets, BlackBull Markets, INGOT Brokers, Equiti, EightCap, ADSS, Hantec Markets, Admirals, and Oanda. Acuity Trading and GTCFX, a Dubai-based multi-asset STP broker established in 2006, have entered a strategic partnership. The partnership aims to offer GTCFX’s customers better market research tools to support their trading decisions. GTCFX is integrating Acuity …
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 per share to PLN 4.86 per share. In 2022, XTB made a net profit of $171.6 million, marking a …
XTB Seeks to Cancel Share Buyback to Boost Dividends Read More »
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 growth trend, having generated £240,009 in 2021, more than double its revenue from the previous year. Last year, the company …
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 Risk (formerly known as IS Prime Risk Services), the risk management unit of iS Prime, acquired Think Liquidity from ThinkMarkets. …
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