Axi Bids to Acquire Aussie Broker SelfWealth, Undercuts Competitor’s Offer by 1 Cent
AxiCorp Financial Services, which operates a retail contracts for differences (CFDs) brokerage under the brand Axi, is interested in acquiring the Australian trading platform SelfWealth and has submitted a bid…
CySEC Flags Multiple Unregistered Websites, With Bybit and VTMarkets Named
The Cyprus Securities and Exchange Commission (CySEC) informs investors that several websites are not linked to any entity authorized to offer investment services or perform investment activities. It should be…
CySEC Flags Multiple Unregistered Websites
The Cyprus Securities and Exchange Commission (CySEC) informs investors that several websites are not linked to any entity authorized to offer investment services or perform investment activities. It should be…
Prop Trading: FunderPro to Introduce Futures
Prop trading company FunderPro has announced plans to launch Futures services, the company announced on its website. In a notice, the firm opened a waitlist reportedly for exclusive access to…
CySEC Removes AMP Global from ICF Following CIF Authorization Withdrawal
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner! An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over…
Monaxa to Introduce Prop Trading Services
Forex and CFD broker Monaxa is launching a proprietary trading service, according to a post by the company’s CEO, Chris Trikomitis, today (Thursday). Although the details about the new platform…
Revolut Expands M&A Team and Rolls Out Revolut X to 30 EEA Markets
Revolut, a fintech company, is expanding its mergers and acquisitions (M&A) division, signalling a potential shift towards acquiring other businesses. Revolut is expanding its crypto platform, Revolut X, to 30…
CFDs Broker Fortrade Increased 2023 Profits Despite 39% Revenue Drop
London-headquartered Fortrade, a contracts for differences (CFDs) broker, ended 2023 with a turnover of £19.7 million and a net profit of £1.05 million, according to the latest Companies House filing.…
Weak Dollar Pushes US Forex Deposits to Lowest Levels in 2024
The third month of dollar declines and testing 18-month lows has clearly discouraged US investors from seeking investment opportunities in financial markets. According to the latest September 2024 data, retail…
Cinkciarz.pl Aims for Banking Future After License Loss, but Regulator Pushes Back
Polish fintech company Cinkciarz.pl (Conotoxia) sparked controversy this week after announcing plans to transform into a joint-stock company and pursue a banking license, drawing immediate pushback from Poland’s financial regulator,…
