FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has issued a second Trading Update during Q4. After indicating (in late October) that its Q3 Revenues fell by 40% from the previous quarter to $100.1 million, Plus500 has now announced that the strong momentum reported in its Q3 Trading Update has continued into November to date. Accordingly, the…
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Global online brokerage firm Amana Capital has announced that in line with its strategy to provide additional unique products and services to its clients, the brokerage services group is adding support for ZuluTrade. The new product available to the broker’s customers is a pioneer in social auto-trading for forex and CFDs. ZuluTrade will be added to…
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The following article was written by FXTM Senior Staff Writer Nikola Grozdanovic. The 14th of November, 2018, was a landmark day for Brexit and the markets. The UK’s Prime Minister Theresa May held an emergency cabinet meeting to seek approval for her long-anticipated draft Brexit deal. Months of negotiations, protests and persistent questions surrounding the…
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FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has continued to make purchases of its own stock pursuant to a recently announced share buyback. The company announced that last week it acquired a total of 30,455 PLUS shares, at an average share price of £12.744, for a layout of £388,119. That brings the grand total of shares…
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LeapRate Exclusive... LeapRate has learned that ASIC licensed Australia-based Retail FX brokerage group USGFX has taken a major step toward Europe, setting up a UK subsidiary called Union Standard International Group Limited (we'll call it USGFX UK). The company had applied for and received an FCA license for USGFX UK, which became effective on November 5.…
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Which retail and institutional forex brokers announced new names and major rebrandings? What's wrong with liquidity provider Revshare agreements? Which major Playtech shareholder sold a chunk of its stake, for the first time since June 2017? Who is PrimeXM's new Head of Sales? Answers to these questions and more appeared first or only at LeapRate.…
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If you are looking for the story: "Rob Coole talks about the IPC Connexus platform" click here The mid 2017 sale of once-leading Binary Options broker anyoption to Invest.com has led to a pair of lawsuits being filed in both Cyprus and Israel, with competing claims of fraud being bandied about by both anyoption's…
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Pepperstone Limited, the London based FCA regulated arm of leading Australian Retail FX brokerage group Pepperstone, has indicated in regulatory filings that the company brought in £4.98 million (USD $6.4 million) from CFD commissions and spreads for the fiscal year ended June 30, 2018, the company's first full year of operation. The company grew its…
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Social trading focused broker ayondo, which went public earlier this year on the Singapore Exchange, has announced fairly disappointing results for the third quarter of 2018. Overall, ayondo revenues totaled just under CHF 4.0 million (USD $3.98 million) in Q3-2018, down 15% from Q2 and off 23% from last year's Q3, from before when the…
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Canadian financial regulator BCSC (British Columbia Securities Commission) has issued a warning against offshore CFDs broker Rocket Consultant Group. The move comes just several days after a similar warning issued by New Zealand's FMA involving CCM Clearing Limited, a Bulgaria based entity which the FMA said is associated with Rocket Consultant Group. The FMA stated that Rocket Consultant Group could…
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