IG Group’s US offering – IG US – has rebranded to tastyfx. The rebrand means that the group’s FX offering fits with the wider tastytrade brand.
Broker News
The ex-NatWest prime sales executive is the latest in a string of senior hires by brokerage group ATFX.
We speak to Joy Dabeet, Chief Marketing Officer at Amana, about her background, life at Amana, and what makes traders in MENA tick.
PrimeXBT is a huge broker. We look at who runs the company, their product, and how they managed to get so big.
Naik will work from the Hantec Markets office in Dubai. He is the latest in a string of senior executives to have joined from rival broker Infinox.
Trading 212 has acquired a Crypto Asset Services Provider license in Cyprus, allowing them to add physical crypto trading in the European Union.
Revolut has partnered with CMC Connect to offer CFD products, as well as the other securities that the broker offers to institutional clients.
Taylor will set up the Scope Prime office in Sydney and be responsible for driving business for the LP in the Asia-Pacific region.
The headline ‘funded account’ figure that prop firms offer is less relevant than the drawdown rules the prop imposes on its clients.
The new product launch includes the addition of around 250 single stock CFDs, which can be traded in the Scope Markets non-leveraged accounts.
More than 1,700 ETFs can now be traded on Spectrum Markets, with German firm ICF Bank acting as market maker for the new products.
Wale will lead the iSAM Securities sales team’s efforts in EMEA, expanding the group’s existing offering and driving new business.
IG Group has launched a trading tournament for French clients, which is set for late June. The challenge has prizes and will take place on demo accounts.
Trade.com has become the latest broker to offer a funded trader programme. The offering is via a Cypriot-based entity.
Baker was previously Head of Premium Clients at Capital.com. He also spent close to seven years at OvalX, which collapsed in early 2023.
FX/CFD broker ThinkMarkets is launching a prop firm or funded trader programme. The broker previously provided services to other props using a gray label.
ATFX saw a surge in year on year trading volume in the first quarter of 2024. The broker said precious metals trading was a big part of that growth.
tastytrade is holding an event in London in early June with Cboe and CME Group, meaning the launch will align with that.
Restrepo has a decade of experience in the FX/CFD industry, including a six year stint at ETX and three years at Eurotrader.
The broker has applied to cancel its license with the UK regulator. The UK is an increasingly operationally and financially burdensome market for brokers.
FTMO has big plans to expand into the retail broker space. Kamerman was previously CEO of Skilling and spent over 15 years at FXCM.
James Gavin joins the London office from Standard Chartered, with Richie Westerlind and Nathalie Bijlsma both working on the company’s Florida desk
Capital.com CEO Kypros Zoumidou has stepped down from his role at the retail broker. He replaced outgoing ex-CEO Peter Hetherington at the end of 2023.
True Forex Funds has shut down, just three months after its license was revoked by MetaQuotes. The firm had relaunched subsequently.
Andy Francos was formerly Head of SEO at IG Group and Commercial Marketing Director at Capital.com. His new firm – Be Franc – provides a range of services.
AvaTrade has launched a new futures offering called AvaFutures, becoming the latest CFD broker to branch out into offering exchange-traded derivatives.
ATFX has made several major hires since the start of the year, with combined experience in the FX/CFD industry that exceeds 100 years.
Tickmill Founder Ingmar Mattus has Co-Founded a new options and futures broker called MetroTrade, which targets retail clients in the US.
ATFX has hired Siju Daniel from FXCM. He is the latest in a string of high profile hires that ATFX has made over the last six months.
Exness plans on launching a crypto product, which involves the trading of physical crypto. The company already has a stake in crypto ECN Crossover Markets.
Exness has formed a partnership in LATAM. But why does Exness need La Liga? And why does La Liga need Exness? It comes down to expansion and marketing deals.
Andrew Budzinski has relocated to Dubai. The IC Markets founder and CEO was previously a Cypriot resident.
Trading 212 plans to launch options trading in 2024, although there is no clear date as to when the product will go live. The company will also be unable to do payment for order flow to monetise the product.
Plus500 average deposits reached an all time high in 2023. The company saw record revenues per user last year as well.
XTB just hit 1 million users and the broker wants to expand its product range, enter new markets, and onboard more clients.
IC Markets has soft launched its prop trading arm – IC Funded. The site is currently in Beta mode but TradeInformer understands it has already seen a substantial number of sign ups.