Following our exclusive report from the beginning of last month that London based spreadbetting and CFDs broker Capital Index had made an application to voluntarily give up its CySEC CIF license, CySEC had indeed issued a brief notice that Capital Index (Cyprus) Ltd has had its CIF license withdrawn. We had reported at the time…
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LeapRate Exclusive... LeapRate has learned that London based spreadbetting and CFDs broker Capital Index has made an application to voluntarily give up its CySEC CIF license. The company had first received its CySEC license in 2014, and soon after the company expanded to the UK with an FCA license in 2015. Apparently with the FCA license (recently…
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LeapRate Exclusive... LeapRate has learned that FCA regulated CFDs and spreadbetting broker Capital Index (UK) Limited, owned by author and self proclaimed Master Trader Greg Secker (pictured above), posted a net profit of £398,000 in 2017 although the company saw a decline in both Revenues and Client Funds held. Revenues for 2017 at the MT4 broker…
Read moreLeapRate Exclusive... LeapRate has learned that FCA regulated Retail FX broker Destek Markets UK Ltd has posted a loss of £2.1 million (USD $2.9 million) in its first full year of operation - which, clearly did not go exactly according to plan. Destek Markets UK is the EU operating arm of Turkish based FX brokerage group…
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LeapRate Exclusive... LeapRate has learned that Rowena Harris-Doughty has left her role as Marketing Director at Retail FX broker Destek Markets, to become Marketing Manager at deliverable spot FX dealer Monex Europe. Not to be confused with either Monex Group Inc. (TYO:8698), the publicly traded Japanese FX broker or Indonesia-based PT Monex Investindo Futures, Monex Europe is…
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LeapRate Exclusive... LeapRate has learned that Matthew Wright has left his CEO position at FCA regulated Retail FX broker Destek Markets, to become CEO of rival broker Capital Index. The move comes less than a year after Mr. Wright was brought in to build a team and run the UK arm of Turkey-based Destek by…
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LeapRate Exclusive... LeapRate has learned that FCA regulated Retail FX and CFDs broker Destek Markets has made some additions to its senior management team, ahead of a big planned launch of operations later this year. Destek has hired Rowena Harris-Doughty (pictured above) as its new Marketing Director. Ms. Harris-Doughty joins Destek from London Capital Group Holdings plc (LON:LCG),…
Read moreLeapRate Exclusive... LeapRate has learned via regulatory filings made by a subsidiary of Gain Capital Holdings Inc (NYSE:GCAP) that the company's long-serving regional director in the UK and COO of Gain Capital / Forex.com UK Matthew Wright has left the company. Mr. Wright's departure was effective June 30. The 44-year old Wright was one of…
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