Exclusive: Malaysia police raid brokers

Forex brokers in Malaysia are being targeted by local police, even if they have the legal set up in place to do business there.

OANDA UK appoints James Abbott Chief Revenue Officer

Abbott has been with OANDA for almost six years and has been promoted on several occasions since then. The company's UK entity did £16m in sales in 2022.

Razan Jawabreh joins Daman Markets as Sales Director

Razan Jawabreh was most recently Deputy CEO Business Development at CFI Financial. Daman Markets is the CFD division of UAE broker Daman Securities.

BUX UK entity acquired by UAE firm APM Capital

BUX had ceased to be active in the UK for some time. The broker switched focus to commission-free equities and was recently acquired by Dutch bank ABN AMRO.

eToro US CEO resigns

eToro US CEO Lule Demmissie has stepped down from her role at the broker. She will be replaced by Andrew McCormick, who has been with the firm for almost 3 years.

David Kimberley