The New Zealand Financial Markets Authority (FMA) has informed the public that it has suspended the derivatives issuer license of AxiCorp Financial Services Pty Limited (trading as AxiTrader). The company has been making a regulated offer to retail clients in New Zealand without a compliant Product Disclosure Statement or Disclose register entry. AxiCorp has also…
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LeapRate Exclusive... Forex trading app OhMyGeorge has announced that it has teamed up with retail FX broker AxiTrader in order to help improve the profitability of its traders. OhMyGeorge was created back in 2016 by the French developer Lucien Tavano. AxiTrader was a natural partnership for OhMyGeorge, they offer many tools for beginners that we are able to…
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Australia based Retail FX broker AxiTrader has announced that it has entered a partnership agreement with Knightsbridge Trading Academy. From now on AxiTrader's clients will have access to Knightsbridge Trading Academy’s training courses, developed in conjunction with the London Stock Exchange’s in-house Academy and the Chartered Institute for Securities and Investment (CISI). James Lawrence at…
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LeapRate Exclusive... LeapRate has learned that Australia based Retail Forex group AxiCorp has hired experienced FX industry executive Hannah Hill in London, as the company's new Head of Brand and EMEA Marketing. AxiCorp runs the AxiTrader retail FX brand. The move to hire Ms. Hill comes just several weeks after AxiCorp expanded its presence in London…
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Consolidation in the Retail FX space continues. Australian-owned Retail Forex and CFDs brokerage group AxiCorp, which primarily operates the AxiTrader brand, has announced that it will acquire FCA regulated C B Financial Services Ltd, which operates the One Financial Markets (OFM) brand. The deal is predominantly cash-based and will be subject to customary regulatory approvals.…
Read moreAustralia based Retail FX brokerage group AxiCorp, which operates the AxiTrader brand, has announced a management shakeup which has seen the company hire Patrick Salis as the company's new Chief Financial Officer, replacing longtime CFO Simon Hodgkiss. Mr. Hodgkiss will remain at AxiTrader, taking on the newly created regulatory-focused role of Chief Risk Officer (CRO). Patrick…
Read moreAustralia based Retail FX broker AxiTrader has announced the official opening of its new office in Dubai. Combined with a DFSA (Dubai Financial Services Authority) license and fully staffed by a dedicated local team, the company is well positioned to continue its recent growth in the Middle East region. The launch of this latest operation,…
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LeapRate Exclusive... LeapRate has learned that FCA regulated institutional FX broker Fixi plc has made a number of changes in its senior management ranks, including the appointment of a new CEO and a new CFO. Fixi is controlled by Goran Drapac, also the founder and controlling shareholder of Australia based Retail FX broker AxiTrader. Leaving…
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LeapRate Exclusive... LeapRate has learned that Australian Retail FX broker Blueberry Markets has added to its business development team, recruiting Ben Clay, a senior executive from Royal Financial Trading’s Australian operation. He had also spent seven years as a senior sales trader at AxiTrader. Ben Clay joins Dean Hyde and Tim Mansell as the latest high…
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LeapRate Exclusive... LeapRate has learned that Pepperstone senior executive Phil Horner has departed the company, in what seems to have been something of an internal power struggle at the Melbourne, Australia based Retail FX broker. Mr. Horner had spent six years working his way up the ranks at Sydney based ASIC licensed broker AxiTrader, joining…
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