Trading Signals Providers in South Africa Must Be Licensed: FSCA Imposes Debut Fine
South Africa’s Financial Sector Conduct Authority (FSCA) imposed an administrative penalty of over 1 million rand (about US$57,000) on Kabelo Emanuel Mogale for providing forex trading signals without a financial…
Prop Trading: The Funded Trader Collaborates with Volumetrica Trading for New Platform
The Funded Trader, a prop trading firm, has announced that its sister company, The Futures Traders, will introduce Volumetrica Trading as a new trading platform . According to the firm,…
Departing SFC Chair Backs CEO’s Plans to Boost Hong Kong’s Financial Role
FM Home > Retail FX > Departing SFC Chair Backs CEO’s Plans to Boost Hong Kong’s Financial Role Departing SFC Chair Backs CEO’s Plans to Boost Hong Kong’s Financial Role…
US Forex Deposits Hit Lowest Level Since Early 2024
Recent financial market volatility didn’t do much to boost retail trader deposits in the US, which declined for the second consecutive month. According to the latest August data, the result…
“The Future Digital Wealth 2024”: Finance Magnates Visits LSEG’s Cyprus Event
Finance Magnates is attending The Future Digital Wealth 2024: Technology and Data at the Helm, organised by LSEG and being held in Limassol, Cyprus, today (Wednesday). The one-day event is…
IG Now Available on TradingView Platform
TradingView, the financial platform and social network for traders and investors, announced today (Wednesday) the integration of IG, a publicly-listed provider of online trading services and CFDs, into its broker…
eToro Cites “Risk Management Considerations” behind The Philippines Exit
eToro, which recently decided to stop offering services to its clients in the Philippines, confirmed to Finance Magnates that the move was motivated by “risk management considerations.” The broker has…
Saxo UK Posts 7% Profit Gain as AUM Hits £2 Billion Mark
Saxo Bank’s UK branch has reported impressive growth in 2023, increasing its assets under management (AUM) to £2 billion and achieving a higher net profit of £11.2 million compared to…
FXCM UK Reports Whopping Profit Decline in 2023 as Traders Activity Wanes
Stratos Markets Limited, operating under the FXCM UK brand, reported a significant net loss for the fiscal year 2023, exceeding 350%. According to the FX/CFD brokers, it reflects a challenging…
FXCM UK Reports 390% Profit Decline in 2023 as Traders Activity Wanes
Stratos Markets Limited, operating under the FXCM UK brand, reported a significant net loss for the fiscal year 2023, exceeding 350%. According to the FX/CFD brokers, it reflects a challenging…
