Dubai is becoming a major hub for the online trading industry, something Devexperts said was behind its decision to open the office.

MetaQuotes has forced brokers to link their prop arm with the broker arm. Hantec Trader has thus changed the URL for its homepage.

Vladimir Syrov has launched a new brand called Zetradex, alongside a prop firm named Zefundex, and a broker technology provider.

Scope Markets appears to be making more of an effort to expand in Asia. The company has focused heavily on Africa in the last couple of years.

Deriv is already one of the largest broker businesses - by headcount - in the world, with 20 offices globally an more than 1,400 employees.