Vantage Sees Gross Profit Drop to £1.8 Million amid Increased Costs and Reduced Revenue
The Retail FX and CFD broker Vantage Global Prime LLP has released its financial results for the year ending June 30, 2024. The results show a decline in profits compared…
TikTok Traders: Gen Z Shifts to Social Media for Financial Guidance
A new study by Barclays reveals that 51% of the UK investors who use social media for financial guidance are potentially exposing themselves to risk by failing to consistently verify…
TikTok Traders: Gen Z’ Shifts to Social Media for Financial Guidance
A new study by Barclays reveals that 51% of the UK investors who use social media for financial guidance are potentially exposing themselves to risk by failing to consistently verify…
Exclusive: ATFX to Launch Prop Trading Services in November
ATFX, a popular forex and contracts for differences (CFDs) broker, is set to launch prop trading services in November, Finance Magnates has learned exclusively. The broker highlighted that the upcoming…
Exclusive: ATFX to Launch Prop Trading Services
ATFX, a popular forex and contracts for differences (CFDs) broker, is set to launch prop trading services, Finance Magnates has learned exclusively. The broker highlighted that the upcoming services will…
BDSwiss’ Chief Revenue Officer Separates: Launches Prop Trading Platform
Andreas Andreou, who left BDSwiss last month as the Chief Revenue Officer, has entered the prop trading scene by launching a new platform. Called ThePropTrade.com, Andreou is the founder and…
Robinhood Clients in the UK Can Now Borrow Money for Margin Investing
Robinhood announced today (Monday) the launch of margin investing for its UK customers, allowing retail traders to borrow money. The move comes just months after the company’s initial entry into…
ASIC’s “Rewrite” Game-Changing Rules Just Went Live: Is Your CFD Brokerage Ready?
Australian CFD brokers are bracing for significant changes to their reporting obligations as the Australian Securities and Investments Commission (ASIC) finalizes its “ASIC Rewrite” of OTC derivative reporting rules, set…
Liquidity Providers and Trade Tech are Make or Break for Brokers
It’s obvious that the relationship between B-book brokers and liquidity providers differs from the relationship between A-book brokers and their providers and here we dive into the nuances of a…
Simon Blackledge’s Multi Asset Solutions (Previously BidX) Triples FY24 Revenue
London-based Multi Asset Solutions Limited, formerly known as BidX Markets, tripled its turnover for the 2024 fiscal year, which ended on May 31. According to the latest Companies House filing,…
