UniCredit Snaps Up 4.5% Stake in Commerzbank from German Government
UniCredit has acquired a 4.5% stake in Commerzbank from the German government. The purchase was made after discussions between the Italian bank and the German authorities. UniCredit’s CEO, Andrea Orcel,…
Aussie Watchdog Seeks Tech Partner for 5-Year Fraud Fight
The Australian Securities and Investments Commission (ASIC) announced today (Thursday) it is conducting a global search for a service provider to identify and remove investment scam and phishing websites, as…
Hantec Markets’ UK Unit Turns a Loss in 2023 due to “Additional IT Expenditure”
The UK unit of Hantec Markets ended 2023 with an annual turnover of over £6.8 million, an increase of almost 24 percent from the previous year. However, the company turned…
ASIC Just Gained New Powers. Check If They Will Affect FX/CFD Brokers
The Australian Securities and Investments Commission (ASIC) has received expanded regulatory powers as part of a reform of the country’s financial market infrastructure (FMI) laws, aimed at bolstering stability and…
Exclusive: Only 7% of 300,000 Prop Trading Accounts Achieved Payouts
In the world of prop trading, success is elusive for many. According to FPFX Tech’s data, exclusively seen by Finance Magnates, a mere 7% of investors manage to turn a…
UAE Outshines Germany and Hong Kong as Top Tech Destination, Survey Shows
The UAE is quickly growing into a global technology hub, capturing the attention of Asian tech professionals. A recent survey by Capital.com reveals that 81% of Asian tech experts view…
Prop Firm TradersWithEdge Brings Back MT5 with Trading Promotions
As the financial services industry experiences rapid and transformative changes, leading fintech experts and policymakers come together to discuss the present and future of retail trading and the evolving regulatory…
Prop Firm CK Capital Seeks Growth in Competitive North American Market
CK Capital, a UK-based prop trading company, has announced its expansion into North America, accepting clients from the United States and Canada. This move comes just months after the firm’s…
Highlights from Our Quarter 2 2024 Report
Quarter 2 2024 Report: Key Takeaways and Market Insights The second quarter of 2024 has been a dynamic period for the forex and CFD trading industry. Our latest Quarter2 2024…
Voting Underway for FMAA – The Industry’s Most Transparent Awards
Every forex broker must grapple with brand development, while maintaining a level of quality and service that sets it apart from competitors. Of course, countless strategies exist to achieve this…
