Broker News

Emmerson will work from the Eightcap London office. He is the second senior trading executive to leave CMC Markets this year.

Capital.com is one of several big brands expanding into Chile. The Brazilian market is more unusual and is a harder place to do business.

Capital.com said that 71.7% of its MENA customer base is from the UAE, with Germany and Italy its two biggest European markets.

Alon Gonen said that, despite Plus500 making money from crypto bets, he thinks the market will eventually collapse entirely.

Clients and IBs in Malaysia will not be able to sign up with GMI from September 15th. WeTrade has already restricted access to its platform for Malaysians.

Despite an opaque ownership structure, Olymptrade is arguably one of the biggest online trading firms operating globally today.

Dr Maen Al Qatamin will support ACY Securities’ expansion efforts in Jordan and the wider Middle East region.

Libertex is the third major CFD provider to get a Colombian license this month, with CFI, Plus500, and ACY all getting approvals in August.

Webull will be represented by its LATAM Head – Ruben Guerrero – who is also the CEO of the broker’s Brazilian entity.

CFI has received the green light to operate in Colombia from the SFC. Plus500 and ACY both recently got approval from the regulator.

The Danish broker saw an 8% uplift to H1 revenues in 2025 compared to 2024, driven by higher customer numbers and AUM.

Local media reports that the police filled 12 trucks with employees and took them to the police station in a lengthy operation in Bangsar.

FTMO stopped taking customers from the US at the start of 2024. The prop firm said the OANDA partnership is separate from its acquisition of the broker.

The deal will see Capitalise.ai’s founders and dev team move to Kraken, where they’ll operate in the crypto firm’s Pro team.

95% of surveyed Capital.com employees across its Cypriot and Italian offices said that the broker is a ‘great place to work’.

Propel Capital is the latest firm in the industry to shut shop. Founder Mitchell Ali said competition meant the firm was selling challenges at a loss.

The renewal of the agreement means Hantec Markets customers can continue to benefit from added fund protection with the broker.

Plus500 is also applying for a license in Chile. The broker is the second major CFD provider to get approval in Colombia in the last year.

VT Markets will operate using a Category 5 License. Several other brokers, including INGOT Brokers, have acquired this license over the last 12 months.

ATFunded CEO Josh Dentrinos said part of the rebrand was aimed at making the prop firm’s products easier for traders to understand.

Swissquote continues to enjoy large average account sizes. The broker has benefited from large amounts of interest income as a result.

eToro will not say how much money it makes from CFDs, even though the product is likely to be its single-largest revenue generator.

NAGA CEO Octavian Patrascu said that the broker’s improved margins were the result of operational efficiencies stemming from the CAPEX.com merger.

Will Shearer owns between 25% to 50% of the holding company that operates prop firm Instant Funding, alongside Co-Founder Lewis Mansbridge.

Weltrade got almost 40% of its web traffic from Colombia – where Diaz is from – in July, according to web data analysis firm SimilarWeb.

Plus500 registered a company in Chile in 2024 and is using local legal firm Carey Abogados to acquire a license from the CMF.

The broker said the change was part of its forward-looking efforts. D Prime has more than 1,000 employees globally.

Blue Guardian, Audacity Capital, and AquaFunded have all had their accounts suspended by Trustpilot for posting fake reviews.

Documents seen by TradeInformer show that prop firm Topstep grew 6x in four years, with top line revenues in excess of $25m in 2021.

Robson was most recently the CEO of Trive’s African and Middle East entities. He also spent close to a decade at UK broker IG Group.

A new study by technology provider and brokerage group Alpaca has found that most demo traders convert into live accounts.

Andria Evripidou moves to FundingPips from a payments firm she founded. She also worked on payments regulations at the FCA.

BlackBull Markets runs an STP model from the entity and also has another brokerage license in the Seychelles.

Company Founder Ben Zhou said the firm should get a MiFID license within 6 months. The broker plans on offering derivatives and stocks in one app.

Fintrix has a base of operations in Australia, with the company saying it plans on expanding the product set available to Aksys traders.

Atmos previously operated under tradeatmos.com but has moved to AtmosFunded.com.

The broker is one of several online trading firms to have made a donation to support communities impacted by the devastating wildfires.

Moneta Markets will use the license to offer both retail and B2B services. The broker is hiring local sales agents, compliance execs, and affiliate partners.

Freedx offers trading in spot crypto and perpetual futures. The company is based in Dubai but has a regulatory license from El Salvador.

BUX will offer investors access to the products as part of its BUX Prime plans, with the funds being managed by JP Morgan.

Goh will work as a Senior Relationship Manager at CMC Markets. The hire may be part of CMC’s plans to expand more in emerging markets.

Coinbase is one of several large crypto firms attempting to make more of a push into the UK on the back of more regulatory certainty.

FundedNext has a new product called Fundee – an AI voice chat that can handle customer service requests.

Scammers dumped shares in Pheton Holdings on Wednesday, pushing the share price down by almost 97%, having risen by almost 1,400%.

Speaking at the broker’s first live earnings event, Robinhood CFO Jason Warnick said that over 2bn contracts have been traded since launch.

Squires will work from ADSS’s headquarters in Abu Dhabi. He was at Saxo Bank UK for just over two years, having joined in May 2023.

Capital.com was one of only two financial technology companies to be recognised as a top employer by the Top Employers Institute.

eToro made the announcement of the new products in a live webinar hosted by company Co-Founder and CEO Yoni Assia.

El Khoury joins NEO Markets after working in the online trading industry for more than a decade. He’s held roles at ADSS, Axi, and ATFX.

Naker was Head of Technology Risk and Control for the last five years at IG Group. He played a key role in developing the broker’s platform.

Yakout’s appointment is the latest in a series of steps that Scope Markets has taken to enhance its offering for clients in the MENA region.

Hawila has previously held roles at Alpaca, Shares.io, and Blackwell Global. He is one of several broker executives to move to Crypto.com this year.

Capital.com stopped onboarding customers in the UK last year. The broker was one of several targeted by the FCA.

ATFX also saw substantial increases in trading volume across foreign exchange, precious metals, and commodities in the second quarter of this year.

Exness has stopped onboarding clients in India, as well as ceasing any affiliate referrals. The broker has switched existing clients to its Vanuatu entity.

Li previously worked as the Head of Compliance and MLRO for Crypto.com’s UK entity.

Sze worked at Hantec Markets for over seven years, initially in the group’s Hong Kong office and later for the broker’s Australian entity.

XM has run several big promotions over the last month as part of its 15th anniversary celebrations, including a 100% deposit bonus.

Mark Winton sold 18,600 shares in the Israeli broker last Friday, a disclosure published by the London Stock Exchange shows.

True Trading will offer perpetuals, copy trading, and yield products – very similar to those Ben Bilski pushed when oversaw the NAGA Group.

Online trading executive Anet Azrielant has joined brokerage group Prime Capital Markets. Regulated in Mauritius, the brokerage firm received a…

Broker marketing executives face a tough job, with owners and c-level executives usually focused exclusively on short-term results.

Hantec Financial operates the group’s brokerage brands. The company has been pushing to expand in ASEAN over the last couple of years.

Nicolo Pagliari worked at Saxo Bank for almost 8 years. He will work for Crypto.com as the firm’s Global VP, Growth and Media.

The same scammers that targeted Ostin Technology last month are now pushing investors to buy shares in Ostin Technology.

Blueberry Funded was launched last year by Aussie broker Blueberry. The payout figure looks real compared to those published by other prop firms.

FXPrimus is Setting a New Standard for High-Intensity, High-Risk Trading. The broker will offer 2000:1 on its new synthetic indices products.

Albu joined Admirals in 2019 and was an advisor to the board. He has overseen the broker’s Hungarian and Romanian operations since 2021.

Plus500 CFO Elad Even-Chen said earlier this year that he believes ETDs will eventually become 35% of the broker’s overall revenues.

TradingPRO launched TradingPLUS several months ago. However, the firm has now left a slow rollout phase and will begin fully-fledged operations from today.

Funded Unicorn said in a statement sent to clients that traders on live accounts caused the firm huge losses that have put it out of business.

Clients at a number of firms, including Trading 212 and AJ Bell, were hit by a widespread pump and dump scheme, targeting Ostin Technology shares.

Broker XS launched its office in Kuwait this week, as part of a wider plan to expand in the Middle…

Georgiadou will oversee PR and comms at the Scope Markets owner. She joins the firm from Exness, where she spent 6 years as PR Lead.

The new issue of the ATFX Trader Magazine covers global markets, with input from the ATFX analyst team across Europe, APAC, and LATAM.

FXPrimus will launch synthetic indices starting in July, with a phased rollout for its global client base.

Cash appears in a new branded video for the broker. IG Group has been pushing for changes to make investing in stocks more appealing to UK investors.

XM runs multiple brands targeting different jurisdictions and the likelihood is that the firm will add the products for its Trading.com brand.

New research by marketing agency Be Franc shows that almost half of Google searches for trading products are covered by AI overviews.

Dance is the latest in a series of senior executives to move from the retail broker sector to the cryptocurrency trading industry.

HotCopper is the largest financial news website for active traders in Australia. Stockhouse is a very similar site but is focused on Canada.

Blueberry has undergone its second major rebrand in the last 12 months, with a new website and brand identity.

Capital.com has already joined CityUK and UK Finance, both of which aim to support the UK’s financial services industry.

IG Group has put out a four point plan to strengthen the UK stock market, including scrapping cash ISAs and stamp duty on shares.

The new insurance policy means that Capital.com clients trading with the firm’s CySEC entity get added protection up to $1m.

A new study by Ahrefs shows AI visitors have a few undesirable traits, which could also end up impacting broker SEO and affiliate strategies.

Khan joins DB Investing after stints at Shenzou Capital and PMFinancials. She has also run an introducing broker business in the past.

My Crypto Funding has become the latest prop firm to get access to MetaTrader 5. The prop firm set up an entity in St Lucia to get access to the platform.

Not risking more than you can afford to lose is the key to making sure you are profitable over the long term when trading forex.

Moneta Markets will launch a prop trading division soon. The company is also hiring for a general manager for its prop arm in Dubai.

DPFunded offers MetaTrader 4 and 5. It is being offered via Doo Prime’s licensed entity in Vanuatu.

Kinahan has been with IG Group for three years, having joined the company’s tastytrade brand in 2022.

Plus500 has expanded aggressively over the last five years, as part of a wider plan to add new products and deliver more growth.

Hamd joins Cara Markets, which holds a Category 1 license from SCA, after working at rival broker ADSS for more than a decade.

Binance noted that Syrians have been among the most active in searching for crypto-related terms over the last few years.

The asset management group bought shares in Plus500 earlier this week, making it one of the largest shareholders in the business.

A routine inspection by the BVI regulator has put the iFOREX IPO on hold. The broker says its IPO is oversubscribed, with a valuation at the top of its range.

Instant Funding has been making several technology upgrades over the course of June, as part of what it is calling ‘The Leap’.

Larissa Quinlan, Kurt Stuart, Emma Summer and Syed Yusuf ran a Telegram group that did pump and dumps on ASX penny stocks.

The FCA said NVIDIA tech will be used as part of the Supercharged Sandbox, that let’s financial services firms test new AI products.