The Australian regulator said that FXOpen did not have the human resources necessary to run the firm and had breached other financial regulations.

Fernandes joined IG Group five years ago. He moved up from being a New Business Associate to become Team Lead Manager for the broker's premium client desk.

B2Broker servers no longer show up on either MT4 or MT5. The trading platform provider has made it harder for firms to access its products over the last two years.

IG Group acquired Daily FX from FXCM in 2016 for $40m. Trade Live with IG appears to be an attempt to mirror the success that tastylive has had in the US.

We speak to Biyi Cheng about Moomoo Australia's plans for the land down under, including options, platform upgrades, revenue sources and more.