Author: Chief Editor
Dukascopy offers a lifetime 50% CashBack on commissions for former FlowBank clients. FlowBank entered bankruptcy following FINMA’s revocation of its banking and securities dealer licenses. In response to FlowBank’s recent bankruptcy and subsequent license revocation by FINMA, Dukascopy has rolled out a special initiative for affected clients. Former FlowBank traders can now benefit from a lifetime 50% CashBack on volume commissions when they switch their accounts to Dukascopy. This move aims to provide enhanced financial support and a seamless transition to a reliable trading platform. Dukascopy offers a range of robust trading platforms including JForex, MT4, and MT5, ensuring transparency…
Capital.com expands Trulioo’s Person Match service to 17 countries, enhancing client onboarding efficiency. Integration leads to an 80% increase in customer verification in Latin America and a 28% rise in Asia. Capital.com has partnered with Trulioo, a global identity verification platform, to enhance its client onboarding process across 17 countries in EMEA, APAC, and Latin America. Since the collaboration began in early 2023, Trulioo’s Person Match service has significantly improved the efficiency and speed of onboarding. This integration has led to an 80% increase in customer verification in Latin America and a 28% rise in Asia. Dana Massey, Chief Product Officer…
Vantage Markets launches Vantage Academy Courses to offer comprehensive financial education. Courses cover Forex, stock, and index trading, with plans for further curriculum expansion. Vantage Markets, a leading multi-asset broker, is expanding its educational offerings with the introduction of Vantage Academy Courses. This new initiative builds on the momentum from the successful launch of “The Vantage Markets Podcast.” The courses are designed to provide a thorough introduction to various financial instruments, including shares, indices, and Forex. Vantage Academy Courses feature engaging and easy-to-understand modules, interactive quizzes, infographics, and videos, allowing participants to gain confidence in their trading skills. Additionally, traders…
Cyprus’ forex industry employs around 7,000 people, representing 1.65% of the private workforce. Major firms like Exness and XM contribute significantly to Cyprus’ economy with substantial employment opportunities. Cyprus’ forex industry is a major contributor to the country’s economy, employing approximately 7,000 people. This sector, which includes both forex brokers and ancillary service providers, constitutes about 1.65% of Cyprus’ private workforce, excluding government employees. Companies like Exness and XM have established substantial operations in Limassol, enhancing the industry’s visibility and economic impact. With over 180 firms operating in the sector, forex plays a crucial role within Cyprus’ financial services, employing…
India’s stock market, the world’s fourth-largest equities market, boasts 200 million active traders and investors. Money Expo India will feature leading Indian stockbrokers such as 5Paisa, Dhan, Fyers, ICICI Securities, and Mprofit, showcasing their groundbreaking broking services that are transforming the market. Money Expo, India’s premier stock markets event, returns for its third edition, set to be the largest gathering of traders and investors in Mumbai. Scheduled for August 17-18, 2024, at the Jio World Convention Centre, this year’s expo promises to be the largest event of its kind, welcoming over 15,000 attendees from more than 120 companies. This highly…
Rajan Naik appointed as Global Head of Marketing at Hantec Markets, bringing over 15 years of industry experience. Hantec Markets launches Hantec Trader, aligning with the trend towards proprietary trading models among FX/CFD brokers. Hantec Markets has announced Rajan Naik as its new Global Head of Marketing. Naik, with over 15 years in the trading industry, previously led marketing at INFINOX, managing brand expansion and the Dubai hub. His experience spans roles at Learn to Trade and Financial Markets Online. “We’re thrilled to have Rajan join Hantec Markets,” said CEO Nader Nurmohamed. Naik will focus on increasing market share and brand…
Saxo Bank actively seeking new partnerships in APAC to accelerate growth. Existing offices in Australia, Japan, and Hong Kong will serve as a scalable infrastructure for expansion. Saxo Bank, a leading global financial services provider, has announced its ambitious plans to accelerate growth in the Asia-Pacific (APAC) financial services market. The bank is actively exploring new partnerships with established organizations in the region to expand its reach and offerings. Leveraging its existing offices in Australia, Japan, and Hong Kong, Saxo Bank aims to maintain a scalable infrastructure while offering its award-winning platforms under partners’ brands. This strategic approach will enable…
iFX EXPO International 2024 begins with a lively welcome party in Limassol. Over 140 exhibitors unveil cutting-edge innovations in the online trading sector. iFX EXPO International 2024 began in Limassol, Cyprus, with a vibrant welcome party at Columbia Beach. This annual event is a cornerstone for the online trading industry, drawing leaders and innovators worldwide. Throughout the expo, attendees will engage in discussions led by industry experts, explore the latest technological advancements, and participate in extensive networking opportunities at dedicated lounges and social events. Hosted at the City of Dreams Mediterranean Integrated Resort from June 18-20, this year’s expo features…
Trading 212 obtains a CASP license from CySEC, expanding its crypto services in Cyprus. Trading 212 Crypto Ltd can now offer crypto-fiat exchanges and custodial services. Online Forex and CFD brokerage Trading 212 Group Limited has been granted a crypto asset service provider (CASP) license by the Cyprus Securities and Exchange Commission (CySEC). The license, obtained through its local entity Trading 212 Crypto Ltd on May 20, 2024, allows Trading 212 to provide exchanges between crypto assets and fiat currencies, as well as custodial services for cryptocurrencies. Trading 212 Crypto Ltd operates separately from Trading 212 Markets Ltd, which holds…
Pepperstone launches 24-hour CFDs trading on US shares, enhancing trader flexibility. Partnership with cTrader, MetaTrader, and TradingView powers this innovative service expansion. Leading Forex and CFDs brokerage Pepperstone has announced the launch of 24-hour CFDs trading on US shares. Developed in partnership with cTrader, MetaTrader, and TradingView, this service allows traders to respond to market-moving news and events at any time, providing unparalleled trading opportunities and flexibility. In today’s dynamic financial environment, significant news such as earnings reports or geopolitical developments often occur outside traditional market hours. Pepperstone new 24-hour CFDs trading on US shares ensures traders can capitalize on…