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Report: Egyptian Lawmakers Hail Parliament’s Endorsement of Pact to Join BRICS Bank
3.2.2023
Egyptian lawmakers recently hailed the parliament’s endorsement of a pact that allows the country to join the New Development Bank, a report has said. According to the report, the lawmakers believe joining this BRICS-backed institution will help Egypt reduce its demand for dollars and enable...
MT4 traders get 2 new indices from Dukascopy
20.1.2023
Dukascopy has extended the portfolio of indices by adding two new ones to the list: Volatility Index and South Africa Top 40 Index. Dukascopy, also one of the good and regulated forex brokers in the UAE, wanted to bring a good set of advantages for the traders. These are available for clients...
Decentralized forex will reduce cost by as much as 80%: Report
19.1.2023
The researchers compared the average cost of remittances according to World Bank data with estimated costs of trading USDC and EUROC stablecoins at Uniswap
Nearly $1 Billion Poured Into Egypt’s Forex Market — Local Currency Now World’s Worst Performing Currency in 2023
18.1.2023
The Egyptian central bank recently claimed that its decision to devalue the local currency has been vindicated by foreign investors’ return to the country’s foreign market where they reportedly poured in $925 million in just three days. The surge in the sales of Egyptian treasury bills...
Saxo Bank December 2022 Report
4.1.2023
Saxo Bank released its monthly report, which shows the daily average of FX, commodities, Equities, and monthly volume. The list shows a decrease in FX – Daily average and monthly volume compared to the previous month’s figures. It dropped to $5.5 in December from $6.3 in November 2022, which...
Interactive Brokers Group Releases Brokerage Metrics for Dec 2022
4.1.2023
It has only been a month since Interactive Brokers commenced its overnight trading sessions. The move was intended to encourage Asian investors to trade US ETFs. After the decision, many anticipated changes in the company’s financial situation and revenue. Every stakeholder is closely...
Windsor brokers releases luxury electric car and cash rewards
3.1.2023
Windsor Brokers recently treated users with a special loyalty rewards promotion. The offer gives users an opportunity to win a brand-new BMW IX3 M or Tesla model 3 with extra loyalty cash rewards. Based on the available countries, users’ odds of winning the BMW can vary. By joining Windsor...
CMA grants licenses to Admirals in Kenya
30.12.2022
Admirals announce that it has received a Kenyan license from Capital Markets Authority, also known as CMA, to operate as a non-dealing forex trading broker. The development is crucial as it grants the venture access to the regulated market in Africa. Admiral is a safe platform for traders. It...
Tickmill in 2022: The story so far!
28.12.2022
Tickmill is a member of a large international group of businesses that offers high-end trading services and solutions with openness and cutting-edge technology. It exhibits perfection and leadership in important fields related to the foreign exchange market, customer support and service, trading...
French regulator AMF blacklists only two crypto websites in the whole year
21.12.2022
The AMF and ACPR have blacklisted only two crypto-related websites amid the bear market of 2022 versus 24 such websites last year
Attention: A glimpse of the top Global FX Broker awardee list
14.12.2022
International Business Magazine Awards work to extract the best among all. In other words, the International Business Magazine Awards platform has been established with the prime objective of rewarding the best in terms of achievements. The recently announced awards are for some continents around...
NinjaTrader named Best Brokerage for Trading Futures for the third time
14.12.2022
For the third year running, NinjaTrader has won the Benzinga Global Fintech Awards. For the third year running, the top company in the sector wins “Best Brokerage for Trading Futures.” The Most Transformative M&A Award has also been added to the list. Based on the rankings...
JForex users to enjoy liquid stock CFDs from Mexico
13.12.2022
A forex service provider Dukascopy has expanded the CFDs list by adding 28 liquid stock CFDs from Mexico, the Volatility Index, and the South Africa Index. The new features would now be accessible on LIVE and DEMO for the users of JForex at Dukascopy Europe and Dukascopy Bank. The tally of...
Swissquote to function in Cyprus; receives a license from CySEC
8.12.2022
Swissquote, a Swiss banking group, took to Twitter to announce their new setup of Swissquote Capital Markets in Cyprus. Yesterday, the Cypriot subsidiary of Swissquote Capital acquired the license from CySEC,. With this new opening in the European Union, Swissquote aims to expand systematic...
Saxo bags Best Boutique Prime Broker for the second year in a row
2.12.2022
Saxo ends November 2022 on a high note with an important award to its name at the HFM Asian Services Awards. The Fintech company has been awarded the title of “Best Boutique Prime Broker” in the 2022 edition of the award ceremony. This is the second year that Saxo has received the award...
FX volume declines for Saxo Bank in october 2022
2.12.2022
Saxo Bank has published its monthly figures, with an average daily volume of FX and commodities business at the center. The FX average daily volume witnessed a drop in October in comparison to September 2022. The figure stood at $6.1 billion, down by 9% from the value of $6.7 billion in September...
Interactive Brokers Group shares Electronic Brokerage Metrics
2.12.2022
Interactive Brokers Group recently shared its monthly performance metrics for electronic brokerage. The automated electronic broker had spoken about flat metrics in monthly turnover several weeks ago as well. The company was aiming to develop and integrate new policies, resulting in increased...
OANDA bags Singapore’s number-one broker position for client satisfaction
2.12.2022
OANDA, the leading multi-asset CFD trading service provider, again becomes the No. 1 broker in Singapore. According to the latest Investment Trends report, OANDA is the best forex broker in Singapore when it comes to client satisfaction. The service provider has earned the title two years in a...
Russian Billionaire and Crypto Businessman Dies in Helicopter Crash in France
1.12.2022
Russian financier and cryptocurrency entrepreneur Vyacheslav Taran has been killed in a helicopter crash on French territory. The accident marks the latest in a series of deaths of crypto executives and adds another name to a list of Russian billionaires who died this year under mysterious...
FP Markets adds foreign FX pairs to MT4 and MT5 trading platforms
1.12.2022
A forex trading broker, FP Markets, has launched new foreign currency pairs that are available across CFD and FX brokers’ platforms of MetaTrader 4 and MetaTrader 5. The new launch of FX pairs targets currencies from Latin America, Africa, and Asia sovereignty traded in defiance of the...