Exclusive: Formax Prime launches as new Forex ECN brokerage service LeapRate

December 04, 2017 BY LeapRate Staff

Exclusive: Formax Prime launches as new Forex ECN brokerage service

LeapRate Exclusive… LeapRate has learned that the FCA regulated arm of China based online brokerage group Formax Group has gone live with a new website and FX-ECN brokerage service under the moniker Formax Prime, at formaxprime.co.uk. Formax's former UK website formaxmarket.co.uk now also leads directly to the new site. We had exclusively reported during the summer…

December 01, 2017 BY LeapRate Staff

From Calgary to Kazakhstan to Malta to London: the story of CrescoFX

LeapRate Exclusive Interview... While the story of every company and how it got to where it is may be different, that of CrescoFX is certainly unique carving a path from Canada to central Asia and then back to Europe. We reported exclusively last month on CrescoFX becoming the latest in a string of foreign based…

November 26, 2017 BY LeapRate Staff

FX Industry Week Review: TechFinancials exits Binary Options, New FCA licensed FX broker, FX-MM shut down and lots more…

While there was much to ponder in Forex Industry News this past week, our coverage was highlighted by a number of senior executive moves at some of the leading FX sector companies. Who's the new CEO at RationalFX? Which former City Index executive is joining Ikon Finance ahead of its relaunch as an institutional FX…

November 21, 2017 BY LeapRate Staff

Exclusive: CrescoFX expands to the UK with FCA license

LeapRate Exclusive... LeapRate has learned that institutional boutique FX broker CrescoFX has successfully obtained a license from the FCA in the UK for its subsidiary Cresco Capital Markets (UK) Limited, with plans to expand both its institutional and Retail brokerage operations. The license was formally granted back on August 1, 2017. CrescoFX was established in…

November 16, 2017 BY LeapRate Staff

Forex sports sponsorship: Plus500 extends with Atletico Madrid through 2021

FCA regulated CFD broker Plus500 Ltd (LON:PLUS) has announced that it has extended its official Main Sponsor agreement with Club Atlético de Madrid, SAD, for the 2018/2019, 2019/2020 and 2020/2021 seasons, with both parties actively considering extending the relationship further. Plus500 first became the Official Main Sponsor of FC Atletico Madrid in January 2015 and…

November 06, 2017 BY LeapRate Staff

China backed FX broker hires Ross Newell from AxiCorp to head new institutional business AETOS Direct

LeapRate has learned that Aetos Capital Group, a company controlled by Chinese online entrepreneur Yongqiang Lu, has launched a new institutional FX unit in its London-based FCA regulated arm Aetos Capital Group (UK) Limited, to be called AETOS Direct. To head up AETOS Direct, the company has hired Ross Newell (pictured above) from AxiCorp. Mr. Newell was one…

November 01, 2017 BY LeapRate Staff

Forex sports sponsorship: ICM becomes Official FX Trading Partner of Fulham FC

FCA regulated Retail FX and CFD broker ICM Capital has announced that it is confirmed as the Official FX Trading Partner of football club Fulham FC, in a deal running until the end of the 2018-19 season. ICM stated that it will benefit from extensive brand presence at Craven Cottage, the home of Fulham Football Club…

October 26, 2017 BY LeapRate Staff

Exclusive: Vantage FX expands to UK, acquiring FCA regulated broker Atom8

LeapRate Exclusive... LeapRate has learned that the shareholder of Vantage Global Prime Pty Ltd, the parent company of leading Australia based Retail FX and CFD broker Vantage FX, is expanding into the UK via the acquisition of FCA regulated Retail FX broker Atom8 Financial Services LLP. Atom8 was established in 2013 by former JP Morgan…

October 09, 2017 BY LeapRate Staff

Exclusive: IKON Finance lost £817K ahead of sale of Retail FX clients to Hantec Markets

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA licensed FX and CFDs broker IKON Finance Limited saw a drop in Revenues as well as a net operating loss in 2016, ahead of the company's sale of its Retail FX clients to rival broker Hantec Markets after year-end. As was exclusively reported by LeapRate…

October 01, 2017 BY LeapRate Staff

Exclusive: FX and CFDs broker GKFX grows Revenues 32% in 2016 to £69 million

LeapRate Exclusive... LeapRate has learned that FCA licensed Spreadbetting, FX and CFDs broker GKFX Financial Services Limited has seen a fairly impressive growth spurt, and - having raised an additional $15 million earlier this year - seems poised for more. GKFX reported that Revenues for the 16 month period September 2015 through December 2016 came…

Tag: FCA regulated brokers

Exclusive: Formax Prime launches as new Forex ECN brokerage service

From Calgary to Kazakhstan to Malta to London: the story of CrescoFX

FX Industry Week Review: TechFinancials exits Binary Options, New FCA licensed FX broker, FX-MM shut down and lots more…

Exclusive: CrescoFX expands to the UK with FCA license

Forex sports sponsorship: Plus500 extends with Atletico Madrid through 2021

China backed FX broker hires Ross Newell from AxiCorp to head new institutional business AETOS Direct

Forex sports sponsorship: ICM becomes Official FX Trading Partner of Fulham FC

Exclusive: Vantage FX expands to UK, acquiring FCA regulated broker Atom8

Exclusive: IKON Finance lost £817K ahead of sale of Retail FX clients to Hantec Markets

Exclusive: FX and CFDs broker GKFX grows Revenues 32% in 2016 to £69 million

Seaport Global Securities Fined $125k By FINRA

easyMarkets and Real Madrid Renew Collaboration Agreement

Nordic Capital Closes Evolution II Fund at €2bn Hard Cap After Rapid Fundraising

ATFX Africa: Empowering Traders Across South Africa

Swoosh Finance: ASIC Alleges Breach of Responsible Lending Obligations