Zenfinex

London-based online trading platform Zenfinex (now Taurex) unveiled its financial performance for the 2023 fiscal year ending 31 December 2023, reporting a revenue of £848,306. Despite a significant 71.2% increase in revenue from £494,265 in the previous year, the direct

Zenfinex, a London-headquartered broker, published its financials for the year ending in December 2021, reporting revenue of £238,756. It was reported for 13 months as the broker changed its reporting period to match the calendar year. According to the Companies House filing, the revenue of the brok

Regulation for a forex and contracts for differences (CFDs) broker is an ever-more important aspect of the retail FX/CFD industry. Amongst other things, the regulation goes a long way to ensure the credibility of the broker and to varying extents, provides measures for the protection of clients’ int

Photo: FM As the first week of November draws to a close, here are the news stories that dominated the worlds of Forex, Fintech, and Crypto, in our best of the week segment. Exclusive: Has Tradersoft Been Shutdown? Tradersoft, the online trading technology platform provider, has abruptly shuttered a

Photo: Reuters UK-headquartered ZenFinex, which offers forex and CFDs trading, has applied for operational licenses from the regulators in Dubai and Seychelles, Finance Magnates has learned. The broker is in the ‘final stages’ of obtaining licenses from the Dubai Financial Services Authority (DFSA)

Photo: Finance Magnates UK-headquartered ZenFinex, which calls itself a ‘boutique brokerage’, has appointed Matthew Wright as the new Group Chief Executive Officer. Wright has already joined the broker at its apex position, according to his Linkedin profile. “I’ve taken the role of Group CEO with a