The broker wants to hire 200 people across a range of different roles. The broker also reported a 20% quarter-on-quarter increase to volume for Q3.
Author: David Kimberley
We speak to John Bogue and Wei Zhang about what the ATFX Connect team have been doing and the products they now offer to insti clients.
We speak to EC Markets UK Managing Director Adam Saward about why he joined the firm, what the broker’s UK plans are, and more.
The brokerage group said that more than 200m election contracts have been traded on its platform since they were launched at the end of October.
DeFinity Markets Co-Founder said the firm will offer new clients 50% off their fees for the first 100m that they transact on the company’s ECN.
Robinhood has already launched margin trading in the UK. The competition for options trading is heating up, as multiple firms add the product.
FunderPro has historically used TradeLocker, a brand that is owned by the same parent company, Malta-based tech firm Red Acre.
amana will provide its pricing and liquidity to brokers using Hybrid Solutions technology.
We speak to Greg Rubin, Head of Axi Select, to find out why the broker structured its offering in the way it did – by refusing to offer demo accounts.
Santos has been with Markets.com – the retail arm of Finalto – for close to a year. He has held senior roles at Trading 212 and London Capital Group.
CME Group has seen a huge increase in the volume of micro contracts being traded, with gold ADV up to its highest levels ever in 2024.
CMC Markets is onboarding US clients via a partnership with Alpaca Securities. The company lets you trade via its OPTO brand and app.
Skowronski joins INFINOX from Admirals, where he was Chief Revenue Officer. He has held senior roles at other brokers, including Alpari and OANDA.
XTB continues to see huge numbers of new clients but with a decreasing ARPU. The firm is going big on investment products to market itself.
Cboe revenues were up across the board, with notable increases in options trading and the exchange operator’s futures trading business.
Ramesh Mungara joins ECB Financial from VT Markets, where he was the retail broker’s Head of Africa for just over 12 months.
We speak to the company behind many of the biggest players in the industry about new tech, client demands, and whether crypto is the real deal.
The deal means CMC Markets will provide market access and white label technology to ASB Bank clients when they want to invest in the stock market.
XTB has onboarded more than 100,000 clients in every quarter so far in 2024. Total client acquisition stands at 340,420 in the year to date.
Archax is acquiring the firm so it can operate in the European Union. The deal also gives it permissions to offer clients derivatives trading.
CMC Markets will look to get permissions that would help it facilitate trading in NZ-listed equities for both retail and institutional clients.
The company has added a suite of new products and services in the last month. That includes tournaments, account scaling, and auto currency conversion.
The new features mean clients can request performance reports and receive them automatically. Devexa is a chatbot developed by Devexperts.
Former IG Group CFO and interim CEO Charlie Rozes left the company in the summer. Abrahams joins IG from Virgin Money UK.
Exness will distribute its pricing and liquidity to other brokers that are using Centroid Solutions’ risk management and bridging technology.
Multibank.io is a new arm of the Multibank group. Kim was previously Head of Derivatives at crypto prime brokerage firm Falcon X.
Revolut already has close to 1m customers in Switzerland but until now it has acted more like an e-payments firm, as it did previously in the UK.
FXPesa has opened an education centre in Dar Es Salaam. It seems to be run in conjunction with a local IB and education provider.
26 Degrees launched pairs trading earlier this year. The new products allow firms to trade gold against indices and the price of oil.
NAGA launched its Telegram mini app at the end of September. In one month, the broker has managed to acquire over 166,000 monthly users.
Plus500 made $168.1m from client trading in Q3 2024. The broker also onboarded 24,922 clients over the course of the three month period.
The partnership with B2C2 is likely so that the market maker can provide faster settlement in fiat currencies. OpenPayd is owned by Ozan Ozerk.
If you were to start a broker today, it seems like it would be best to start an offshore broker for EMs and then do prop for Europe and the UK.
The partnership means Centroid Solutions clients can trade in Saudi equities, via SNB Capital – the largest investment bank in Saudi Arabia.
Trading 212 users can now make single payments with a disposable card. The product is offered via a partnership with EMI Paynetics.
Daman Markets is the first broker to partner with the Dubai Racing Club, with the company looking to elevate its brand to be a premium offering.
Suchata ‘Nutty’ Kongsupachak fled Thailand in 2022, after orchestrating a scam that is thought to have cost 6,000 investors upwards of $60m.
Titan FX is doing lots of social work in Vanuatu. We go and explore Port Vila with them to find out what that is and why people like working at the firm.
The partnership will mean that investors using BUX can access IPOs and new share issuances. PrimaryBid has been active in Europe since 2018.
Markets.com is currently getting a lot of traction in the MENA region. The firm’s rebrand fits with some wider trends we’ve seen within the industry.
ATFX has been a sponsor of the Duke of Edinburgh Cup for over seven years now, an initiative that has raised over £5m for charity over the years.
We talk to Deriv Co-CEOs Jean-Yves Sireau and Rakshit Choudhary about how to survive in the business, working as Co-CEOs, and what Deriv’s plans are today.
Galal was most recently the MENA rep for rival prop firm The Trading Pit. He has also held introducing broker roles at brokerages FxPro and Tickmill.
Senior Binance exec Tigran Gambaryan had been held on money laundering charges since February. He will be released due to ill-health.
Brazil has become a big market for Hantec Markets. The company’s efforts fit with a wider wave of activity, with firms looking to expand in LATAM.
PiP World Founder Saad Naja has had stints at Paddy Power, crypto broker Kraken, as well as at GAIN Capital – the owner of City Index and Forex.com
We speak to Match-Trader Platform Head Alexis Droussiotis at Match-Trade Technologies HQ about what the company sees happening in the industry.
Our latest podcast with BullRush CEO Trent Hoerr. BullRush runs paid trading tournaments with cash prizes and is possibly the first company with this model.
MAS Markets has onboarded several senior executives this year. The broker also revealed a tripling in YoY revenue for its 2024 financial year.
The company is operating using an agreement with Alpaca and is providing no dealing fee access to trading in US stocks and ETFs.
Swissquote has also added a recurring investment option. Combined, the two products make it much easier for investors to create the portfolio they want.
MAS Markets has taken several steps to expand over the last 18 months. The firm has a crypto entity in Lithuania and a funds offering in Luxembourg.
ATFX is the latest broker to launch a prop offering. The broker said it will launch the product under its existing umbrella of regulated entities.
Saward has been in the trading industry for two decades. Prior to EC Markets, he held senior roles at Tradeview and the UK branch of INFINOX.
DriveWealth tech has been the driving force behind commission-free trading. This partnership means clients can more easily access share lending services.
Walker was previously at IC Markets for almost a decade. He joined rival firm Global Prime in 2019 and is the latest in a string of execs to relocate to Dubai.
What does K Pop company HYBE tell us about broker marketing. And what do they do that is similar to the Exness Team Pro campaign.
Andreou was most recently at BDswiss and spent close to a decade at HFM. He is the latest in a string of ex-broker execs to either join or launch a prop.
IG Group clients can now log into their account and trade using the TradingView charting platform. The firm also has a reviews and tips page.
TRAction Fintech will integrate its trade reporting technology into Blueberry’s MetaTrader 4 platform, meaning the firm can automate trade reporting processes.
MetaQuotes is asking props to have a shared URL with their brokerage website and offer trading on a ‘live server’ that would mean they monetise the business.
Cardoso made the move to HFM from Exinity, the parent company of Alpari and FXTM. He started his career at XTB over a decade ago.
Giacaman has moved to ATFX MENA from rival broker Naqdi. He also spent over two years as Chief Marketing Officer at MultiBank Group.
Taha has moved to Naqdi from Hantec Markets. Naqdi received a Category 5 License from the SCA last month and has ramped up marketing.
Andrey Kalshnikov joins Match2Pay from GloboPay. He was also the CEO of CySEC-regulated broker TrioMarkets for close to a decade.
The broker is a quarter century old but is still doing lots of exciting things, whether it’s new offices in Africa or supporting Patagonian expeditions.
Copper’s founder Dmitry Tokarev will step down. He will remain on the company’s board and is still a major shareholder in Copper.co.
We take a look at the Trading 212 group accounts. Sports cars, marketing spend, and group revenue split are all in there and make for good reading.
Adventures in Las Vegas on sea. We speak to the ATFX MENA crew, hang out with Century Financial, and take a tour of the Dubai Forex Expo.
We speak to Revolut Securities Europe CEO Rolandas Juteika about the company’s new Invest app, expansion plans, and what the thinking behind the app is.
The company has become increasingly popular over the last few years, with a mix of major brokers and props opting to use the company’s products.
Spark Systems is an eFX aggregator, with existing investors including HSBC. ATFX will be able to distribute pricing and liquidity via the company’s technology.
MarketsVox will launch MVFunded later this month. The company is the latest in a string of brokers to have added a prop trading offering.
Trading 212 is likely tapping into the huge popularity that these graphs have seen on social media, with one firm pivoting entirely after using them extensively.
Kanj was previously at CFI for almost a decade. He is the latest in a string of senior hires at Scope Prime, the B2B arm of Rostro Group.
Alkhaldi joins HFM from Tickmill, where he was responsible for building the company’s MENA business. HFM’s footprint today is more in Asia.
Nemr is the second executive to move from Tickmill to Tauro Markets this week. The new firm is backed by the former CEO of rival firm BDSwiss.
Chaney joins M4Markets from NAGA, where he was also Commercial Director. He has also had long stints at GFT, INFINOX, and Hantec Markets.
The brand refresh emphasises the ‘Everything Money’ slogan that NAGA has adopted, with options to trade, invest, use crypto, and make payments,
The integration means brokers using the Centroid Bridge can access Scope Prime liquidity and pricing, with Scope able to optimise that liquidity for them.
White is the latest in a string of senior hires for the Scope Prime team. He made the move from 26 Degrees, where he was CCO for the EMEA region.
PipFarm Founder and CEO James Glyde told TradeInformer that the funded trader firm’s challenge giveaway massively improved their marketing spend.
Santos will likely be targeting Brazil and LATAM for INFINOX. The broker executive joins from Hantec Markets, where he worked for almost five years.
Muinmos will provide regulatory technology that enables props using Brokeree’s technology to more easily remain compliant.
UAE stocks have become increasingly popular over the last couple of years. Scope Markets is tapping into the same sort of demand.
Michael Michaelides has spent the last two years as Head of Dealing in the Cyprus office of Chinese brokerage group Magic Compass.
Saxo Bank UK is shifting more and more to attracting clients via its investment products, rather than the OTC products it used to focus on.
Lethyy has over a decade of industry experience, with stints at brokers like Exness, Aus Prime, and GTC Global Trade.
Najjar has made the move from IG Group’s MENA office. Marex has been expanding its PB offering since acquiring Cowen in 2023.
LMAX can now offer swaps trading to its existing clients and also expand the range of clients using FX HedgePools products and services.
Markets.com is now listed in the TradingView ‘Brokers’ section in markets where it is permitted to do business, and has its pricing on the firm’s charts.
Mannucci will work as the firm’s Institutional Sales Director. She made the move to DTT from ATC Brokers, where she was Head of LATAM biz dev.
Deriv Country Director Dominic Dabu tells us about life on the islands, why he’s had a great time working there, and what the broker’s expansion plans are.
Magdy joins the firm from Exinity – the owner of Alpari and FXTM. The XTB Dubai branch has been the fastest growing in the company’s history.
Denichin was with OANDA for almost a decade, having joined as an intern in 2016. His move to TradingView means a switch from a B2C to B2B role.
The new IG Japan campaign features actors Takumi Saitoh and Elaiza Ikeda. IG has also launched a new website, which makes use of imagery from the campaign.
The new smart portfolio will mean eToro investors can access a broad set of growth themes via investments in seven of ARK’s actively managed ETFs.
The integration means companies using the Centroid Solutions Bridge solution will be able to access faster trade execution and improved pricing.
If IC Markets leaves it’s another sign brokers don’t need a CySEC license anymore. It also shows other firms that they can divest from Cyprus if pushed to do so.
Zarvista said the rebrand from ZaraFX was an attempt to capture the company’s ambitious expansion plans. The broker has offices in Dubai and Cyprus.