Another Prop Firm Adds TradeLocker to Its Offering
Lionheart Funding Program announced this week that it’s expanding its trading tools offering with TradeLocker. As a result, the prop firm becomes the latest in the industry to offer the…
XM and Trading.com UK Operator Increases Revenue and Reduces Net Loss in 2023
Trading Point UK, an FCA-licensed entity responsible for brokerage brands such as XM and Trading.com, has published its operational results for 2023. Although revenue clearly increased for another year in…
eToro Acquires Australian Investing App Spaceship for Up to $55 Million
eToro announced today (Thursday) it has agreed to acquire Australian investing app Spaceship in a deal valued at up to AUD 80 million ($55 million). eToro Acquires Spaceship in $55…
Darwinex Operator’s Profit Rises by over 50% Despite Revenue Decline
Tradeslide Trading Tech Limited, the company behind the Darwinex brand in the UK, released its financial results for the year ended 2023, highlighting an increase in profit despite a decline…
Trive South Africa Begins Onboarding CFD Clients in the Region
Trive South Africa has officially started onboarding derivatives trading clients, marking its entry into the competitive African financial markets. The company, which operates under a license from the Financial Sector…
OTC Derivatives vs ETPs: Which Is a Better Revenue Generator for CFDs Brokers?
Despite a tough financial year for some brokers, the demand for over-the-counter (OTC) derivatives and exchange-traded products remains strong, with contracts for differences (CFDs) and exchange-traded instruments driving significant growth…
Retail Investors Flock to Stocks from Forex After Fed Rate Cut. Here’s Why
Global retail investors are significantly increasing their exposure to equities following the Federal Reserve’s (Fed) first interest rate cut in four years, according to new data from eToro. Riskier assets…
FCA Wants to Tighten Grip on Regulated Firms to Better Shield Customer Cash
The UK’s Financial Conduct Authority (FCA) has unveiled plans to strengthen safeguarding regulations for payments and e-money firms, aiming to better protect customers in the event of business failures. FCA…
IG Group Launches Second Tranche of £150 Million Share Buyback
IG Group Holdings plc (LSE: IGG) announced today (Wednesday) the commencement of the second tranche of its £150 million share buyback program. The company has instructed UBS AG London Branch…
Visa Faces Anti-Trust Lawsuit for “Illegal” Monopoly: How Will It Impact Debit Card Users?
The US Justice Department has filed a civil antitrust lawsuit against Visa, alleging the payment giant’s “illegal” monopoly in debit network markets, which is costing consumers and businesses billions of…