• TradeSoft
• April 19, 2023
• Retail FX
• fxweekly
• 0 Comments

The Group’s marketing initiatives intrinsic the second phase of its major bespoke global advertising campaign, featuring actor Kiefer Sutherland, to build brand awareness in key strategic markets. This second phase, international, multi-channel advertising campaign commenced in Q1 2023 and involved on the launch of ‘+Insights’, Plus500’s proprietary big-data, analytical tool designed to provide OTC customers with access to real-time and …

• TradeSoft
• April 19, 2023
• Retail FX
• fxweekly
• 0 Comments

Interactive negotiators Group ended the first fourth of 2023 with reconcile earnings of $1.35 per share, which missed the consensus market estimate by about $0.06. However, the figure jumped from the previous quarter’s $1.30 per share and $0.82 in the first quarter of the previous year. The latest reported diluted earnings per share came in at $1.42 compared to $0.74 …

• TradeSoft
• April 17, 2023
• Retail FX
• fxweekly
• 0 Comments

FNG had educated via regulatory filings made in Germany that Retail FX and CFDs brokerage firm Naga Group AG is organizing to raise USD $8.2 million in new capital in the coming days, via a private offering of convertible bonds. NAGA apparently already has a contribution commitment from a major investor. We expect the company to make a formal announcement …

• TradeSoft
• April 17, 2023
• Retail FX
• fxweekly
• 0 Comments

Kohle Capital emporium, which operates a forex and arrangement for differences brokerage scaffolding with a Mauritius license, has rebranded itself to KCM Trade. The rebranding is a strategic move as the broker highlighted its ambitions to expand its global existence. Our new brand specification is a reflection of our commitment to delivering world-class financial convocation to our clients. We are …

• TradeSoft
• April 12, 2023
• Retail FX
• fxweekly
• 0 Comments

Saxo Capital Markets Pte Ltd, a wholly owned subsidiary of Saxo Bank A/S, announces that it has floated a new interest-rate model that compose it easier for merchant to earn more interest on their uninvested cash, across multiple currencies. And every time central banks hike interest rates, Saxo adjusts the daily rates accordingly. Deposit as much as you like with …

• TradeSoft
• April 10, 2023
• Retail FX
• fxweekly
• 0 Comments

productive April 7, 2023, Saxo Bank Securities Co., Ltd., the Japanese subsidiary of multi-asset investment specialist Saxo Bank, introduced “TRUSTDOCK,” an online identity endorsement service provided by TRUSTDOCK Co., Ltd. By smoothly effecting identity verification online when opening a new account, it is possible to open an account within as little as two business days from the date of application. …

• TradeSoft
• April 5, 2023
• Retail FX
• fxweekly
• 0 Comments

MahiMarkets, an electronic trading technology distributor, has enhanced its contracts for difference (CFDs) pricing product in order to give brokerages ‘full autonomy’ over crafting their CFD pricing. The firm ameliorated this on Tuesday in a statement shared with Finance Magnates. As explained by MahiMarkets, brokerage firms have been establishing on a single liquidity provider (LP) to offer pricing on their …

• TradeSoft
• April 5, 2023
• Retail FX
• fxweekly
• 0 Comments

BUX uttered that it is the first and only brokerage firm in the Netherlands proffering an interest rate of more than 2% on cash balances. The offer is valid as of 5 April 2023 and has no timing restrictions or fixed holding periods. The interest rate is valid for all uninvested cash balances in BUX Zero up to €25,000. All …

• TradeSoft
• April 4, 2023
• Retail FX
• fxweekly
• 0 Comments

In December 2021, IG Group inflexible to sell its subsidiary North American Derivatives Exchange as well as Small Exchange, noting that the deal “delivers a significant return” on the previous expenditure made in these entities and “enables additional investment across all our businesses.” At the time, June Felix, the CEO at IG Group, noted that the deal will give the …

• TradeSoft
• April 1, 2023
• Retail FX
• fxweekly
• 0 Comments

Australia-headquartered FX/CFDs agent, Axi has declared the development of its sports support with top English football club Manchester City FC.Oxy first became a sponsor of Manchester City FC in September 2020, correspondent with its branding change.Although the broker noted that the renewed agreement covers several years, it did not specify when the agreement would take effect. In our three-year partnership, …