The foreign exchange market, also known as the Forex market or the FX market, is also one of the global markets that witnesses a trading volume of almost $6.6 trillion every day. Foreign exchange refers to exchanging one currency trading with another for different reasons that include tourism, inter

The Cyprus Securities and Exchange Commission (‘CySEC’) wishes to inform investors that the following websites do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of

OctaFX has now decided to rebrand and adopt a fresh new look, with refined colors, space-inspired elements, and a new logo. OctaFX is 11 years old and to mark the anniversary, the FX and CFD broker has lowered spreads by 20% on XAUUSD, EURUSD, GBPUSD, USDJPY, GBPJPY, USDCHF, XTIUSD, and US30, as wel

The net trading income skyrocketed from €9.1 million to €32 million.Admirals described its H1 performance as 'exceptional'. Estonia-based Admiral Markets AS, which operates as Admirals, recorded a 255% increase in its net trading income in the first half (H1) of 2022. The income skyrockete

For this BlackBull Markets review, we opened a live account and deposited over €4,000. We traded the popular instrument in each market to identify the actual spreads and placed a total of 12 trades. We contacted the broker’s customer support team to resolve the challenges we faced. Finally, we withd

The license will allow the company to access the entire European Economic Area.It already holds a license in Australia. 26 Degrees Global Markets (previously Invast Global) has cemented its European presence by obtaining a broker license from the Cyprus Securities and Exchange Commission (CySEC),&nb

Vanuatu-regulated brokers will need a local office and staff.The new rules will be effective from October 16. Vanuatu, once a favorite jurisdiction for offshore brokers, is mandating brokers to establish a physical presence in the country with a new office, along with the appointment of a local mana

With the investment scams emerging in an endless stream, investors are having difficulties figuring out legal brokers since brokers that appear to be legitimate may be scams! Therefore, check the broker's license before investing, and do not deal with brokers who are not authorized by the financial

The investment bank seeks to expand its footprint in the forex landscape.Eurex recorded its highest daily FX trading volume in June 2022. Morgan Stanley, a major US multinational investment bank, announced on Friday that it is starting to offer clients the option to trade listed forex via the Eurex

At least seven investors lost £263,000.The Official Receiver of the Public Interest Unit has been appointed as the liquidator. The United Kingdom announced on Monday that the High Court of Justice, Business and Property Courts in England and Wales has shut down online broker Scothop Limited, popular

The top three executives of the broker previously worked at ADSS.The broker is licensed in the UAE. Abu Dhabi-headquartered Traders’ Hub, a retail forex and contracts for differences (CFDs) broker, announced the launch of its services in the United Arab Emirates (UAE). The platform i

Admirals, a global financial technology company, says it has been licensed to provide contracts for difference (CFD) execution and share trading options in South Africa. As a result, the fintech firm said it has added Admirals SA (PTY) Limited, an execution dealer company, to the Admirals Groups AS.

West Realm Shires Incorporated, the owner of FTX US, has announced its ongoing acquisition of Embed Financial Technologies, the parent company of clearing firm Embed Clearing LLC. The firm disclosed this on Tuesday in a press statement. However, the company did not disclose the price of the acquisit

The Australian Securities and Investments Commission (ASIC) announced on Thursday that over-the-counter (OTC) derivatives provider Sirius Financial Markets Pty Ltd, which operates under the brand Trade360, has surrendered its Australian Financial Services license. The company is now winding down its

Blackwell Global Investments (UK) Limited, an online trading provider, published its financials for the year ended in March 2022, reporting a revenue slump and deepening losses. According to the Companies House filing, the UK unit generated £454,308 as annual turnover for the period from offering re