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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

All about Forex brokers

FXOpen Offers Commission-Free Index Trading
FXOpen, a globally licensed forex and CFD broker, announced on January 16th, 2023, that it had increased the scope of its product portfolio. The broker highlighted the introduction of its commission-free trading services ... Read more >>
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Moneta Markets To Expand Its Social Trading Offers With ZuluTrade
David Billy, the founder, and CEO of Moneta Markets, an Australia-based FX and CFD trading company, announced on November 4th, 2022, that the company was expanding its social trading offerings. This expansion is schedule ... Read more >>
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Finma Rejects FTX License Application
The regional division of the now-defunct international cryptocurrency exchange platform, FTX Europe, has applied for a trading license in Switzerland. However, the news of the denial of the company's application ... Read more >>
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ASIC Sentences Former CEO of Van Eyk Research to 15 Months Imprisonment
On November 14, 2022, Judge Bourke of the New South Wales District court sentenced Mark Peter Thomas, the former CEO of van Eyk Research Pty Ltd, to 15 months imprisonment. Thomas pleaded guilty to violating his responsi ... Read more >>
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LCG Partners with IG Group
 London Capital Group (LCG), a London-based CFD broker, announced on the 4th of January, 2023, that it was launching a collaboration with IG Group. The broker is reportedly taking this initiative to maximise IG' ... Read more >>
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The MAS Declares FTX Not Licensed In Singapore
In an official statement released on November 14th, 2022, The Monetary Authority of Singapore (MAS) declared that the insolvent cryptocurrency platform, FTX, is not licensed in Singapore.This statement comes shortly afte ... Read more >>
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Hong Kong to Dubai; MultiBank Group Relocates Headquarters
The transfer of MultiBank's headquarters to Dubai after its successful stay in Hong Kong, United Arab Emirates, was made public on November 18, 2022. This announcement was made at the Group's annual gala. In atte ... Read more >>
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Doo Group Becomes Manchester United's Financial Trading Partner
The popular finance platform, Doo Group, has partnered with the famous UK Soccer team Manchester United (ManU FC). The collaborative deal was made public on the 3rd of January, 2023. Doo Group has now been named the offi ... Read more >>
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Multibank Group Obtains More Permits
On 20th October 2022, MultiBank Group, one of the top global online financial institutions, made public the issuance of its two new regulatory permits. These permits were licensed by the Securities and Commodities Author ... Read more >>
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FCA Wants Trading Apps Creators To Stop Trading Gamification
The United Kingdom's financial market is subject to the supervision of the Financial Conduct Authority (FCA). In line with its supervisory responsibilities, the FCA has advised developers and companies in charge of t ... Read more >>
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Kenyan Government To Declare a New Crypto Tax Bill
In a recent development, Kenya will join the list of countries that have legalized the decentralized market. The bill was presented before the Kenyan legislature on November 21, 2022, and it proposes an amendment to the ... Read more >>
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European Expansion: Interactive Announces New Ireland Office
As traders receive the news of shocking predictions for 2023, the international automated electronic company Interactive Brokers announced the commencement of its operations in its Ireland office. This announcement was m ... Read more >>
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eToro's SPAC Partner to Return $250 Million to Investors
On November 18, 2022, FinTech Acquisition Corp. V, a blank-check special purpose acquisition company (SPAC), announced it was ending its operations on December 9, 2022. The Company had signed an agreement with retail bro ... Read more >>
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FCA To Appoint New Innovation Advisory Group Members
In a press release on November 10, 2022, the UK Financial Conduct Authority (FCA) informed the public that it presently has openings for members of the public who may be interested in joining its Innovation Advisory Grou ... Read more >>
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XTB Shares Climb Back Up to its Pandemic Highs After A Robust Q3
On 8th November 2022, XTB confirmed its preliminary data published on 27th October this year. The global trading group released a solid financial report for Q3 2022, causing its shares to rise for the fourth consecutive ... Read more >>
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CAPEX.com Gets Crypto License in Abu Dhabi FSRA
The CEO and founder of CAPEX.com, Octavian Pătraşcu, revealed  on November 4, 2022, via a LinkedIn post that the multi-licensed trading company had been awarded another license. The Abu Dhabi arm of the United Arab ... Read more >>
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CySEC Suspends FTX License After Bankruptcy Claims
The Cyprus Securities and Exchange Commission (CySEC) released a statement on November 9, 2022, requesting that FTX (EU) Ltd, a Cyprus Investment Firm (CIF), suspend operation. The regulator emphasized that this action p ... Read more >>
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OctaFX Launches CFD Trading on Stocks
On the 7th of November, 2022, OctaFX, a renowned international broker, announced the expansion of its contract-for-difference (CFD) trading on stocks. The broker will introduce CFD stock with an incredible offering of 15 ... Read more >>
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CFI Awards XM As The Forex Broker With the Best Customer Support
The Best Customer Support Broker 2022 award has been given to XM, a reputable forex trading platform. CFI set up a committee to shortlist nominations among top reputable brokers for the various award categories.Why ... Read more >>
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Public.com To Acquire Licenses And Acquisition To Break Into Europe In 2023
On November 3rd, 2022, it became public that Public.com, a zero-commission stock trading platform from the United States, was getting a new European license. With its reputation with famous investors like Tiger Global Ma ... Read more >>
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Plus500 Launches Additional $60.2M Share BuyBack Program
On November 1st, 2022, Plus500, a London-listed broker, declared another phase of its buyback plan. The broker announced that it was aiming for a $60.2 million buyback plan. This action corroborates the broker's anno ... Read more >>
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CySEC Adds Five More Unlicensed Brokers To Its Warning List
On November 3rd, 2022, the Cyprus Securities and Exchange Commission (CySEC) issued an official statement that it had blacklisted five fraudulent trading services. The financial regulator issued this public notice after ... Read more >>
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SwissQuote Announces a DDos Attack
Between November 8 and the early hours of November 9, 2022, SwissQuote, a popular Switzerland broker, experienced a distributed denial-of-service (DDoS) on its trading platform. This disruption caused an outcry amongst i ... Read more >>
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ASIC Sanctions AUSIEX and CommSec With the Highest Penalties Ever
Australian Investment Exchange Limited (AUSIEX) and Commonwealth Securities Limited (CommSec) were fined by the Federal Court, according to a public announcement released by the Australian Securities and Exchange Commiss ... Read more >>
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SwissQuote Breaks Into The Dubai Financial Market After Getting Access To Securities Listed On The Market
The Dubai Financial Market (DFM), an exchange based in the United Arab Emirates, has provided access to SwissQuote, a broker with headquarters in Switzerland. This was disclosed on October 25th, 2022, by the DFM. Th ... Read more >>
131
ASIC Warns Against IPO Investment Scams
The Australian Securities and Investments Commission (ASIC) issued a public warning on November 9, 2022, about investment scams involving public offerings (IPOs) aimed at investors. The corporate, market, and financ ... Read more >>
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Tel Aviv Stock Broker To Launch Its Own Crypto Exchange
The launch of a cryptocurrency platform to widen its investment services via digital platforms was announced by the Tel Aviv Stock Exchange (TASE) on October 24, 2022. This move is among the four objectives listed in the ... Read more >>
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ASIC Collects $229,9 Million in Penalties and Fines Within the 2021 - 2022 Financial Year
The Australian Securities and Investments Commission (ASIC) announced on October 14, 2022, that it had obtained $229.9 million in fines and penalties from its regulatory operations for 2021–2022. 33 people were als ... Read more >>
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Wise To Break Into Europe Upon Acquisition Of An Investment License in Estonia
On 25th October, 2022, the Wise Group received an investment license from the Estonian Financial Supervisory Authority (Finantsinspektsioon) to provide investment and supplementary services to Estonia “in the comin ... Read more >>
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Over 175,000 Forex Traders in The US in Q2 2022
The forex market has become one of the most popular platforms for trading worldwide. The United States ranks top in the market because of its established structure and strict regulations. These two factors have earned th ... Read more >>
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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.