FX Weekly Round Up, covering the most impactful events in the foreign exchange industry from December 23th to 28th, 2024. This week, we bring you the top news stories that have shaped the forex markets.
Below are the best news to keep you informed and ahead in the dynamic world of forex trading.
Doo Financial Expands with New Licenses from BVI FSC and CIMA
Doo Group has announced that its entities under the Doo Financial brand have received new licenses from both the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA). Doo Financial Fund Management (BVI) Limited (DF BVI) has secured a Certificate of Approval for Investment Managers from the BVI FSC, authorizing it to act as an investment adviser for various types of funds.
YaMarkets Launches ‘GoldenHerGram’ to Empower Women in Gold Trading
YaMarkets, a leader in financial innovation, has launched its latest initiative, “Golden HerGram,” aimed at making gold trading simple, affordable, and accessible for women. This unique program allows women to trade gold gram by gram, starting at just 1 gram for 1 USD, breaking down the barriers traditionally associated with gold investments. Golden HerGram is designed for both newcomers and experienced investors, providing a flexible approach to growing wealth at their own pace.
ATFX Wins “Best Online Trading Company Global 2024” Award
ATFX, a global leader in forex and CFD trading, has been awarded the “Best Online Trading Company Global 2024” by the World Business Outlook Awards. This award recognizes ATFX commitment to innovation, excellence, and delivering an outstanding trading experience for its clients. The company’s success is driven by its advanced trading technology, user-friendly platforms, personalized services, and strong educational resources.
CFI Co-Founder Hisham Mansour Named Among Top 100 Leaders
Hisham Mansour, the Co-Founder and Managing Director of CFI, has been recognized as one of the Top 100 Influential Leaders of 2024 by Entrepreneur Middle East. This prestigious recognition highlights Hisham’s significant contributions to the financial industry, including his role in driving economic growth, innovation, and empowering traders around the globe. Hisham’s leadership has set new benchmarks for success, and his unwavering commitment to developing a culture of excellence continues to inspire those around him.
Singapore Emerges as Leading Crypto Hub in Asia with 13 New Licenses
Singapore has strengthened its position as Asia’s top digital assets hub by issuing 13 new crypto licenses in 2024. This is more than double the number granted in the previous year and includes licenses for global exchanges like OKX and Upbit, as well as well-known firms like Anchorage, BitGo, and GSR. The city-state’s clear and supportive regulations have made it an attractive choice for digital asset companies.
Zarvista Capital Markets Offers Expert Daily Trading Signals via Telegram
Zarvista Capital Markets is offering an exclusive opportunity for traders to access daily trading signals from industry experts, delivered straight to your device. Whether you’re trading in currencies, metals, indices, commodities, or cryptocurrencies, Zarvista provides real-time updates and insights through their dedicated Telegram channel. By joining the channel, traders will benefit from expert-backed signals that assist in making informed decisions and optimizing their trading strategies.
FXCess Launches IB Reward Program Offering Up to $5000 Monthly Payouts
FXCess, a leading CFD broker, has introduced a new referral initiative designed to help partners earn up to $5,000 per month with its IB Reward Program. This innovative program offers a risk-free way to generate additional income by referring active traders to the platform. The program features a tiered structure, with rewards increasing as referral performance grows. Starting at the Bronze tier, participants can earn up to $450 per month, with opportunities to earn up to $5,000 at the Master tier.
Hasan Hamd Departs ADSS After Nearly a Decade of Service
Hasan Hamd, a key figure at UAE-based retail FX and CFDs broker ADSS (formerly ADS Securities), has announced his departure after a rewarding 10-year career with the company. Hasan Hamd, who joined in 2014 as Vice President, was promoted to Director of Institutional Sales in 2022, playing a significant role in the firm’s growth and success. Before ADSS, he had an impactful career at Alpari in Dubai.
Ahmad Said Launches Fintake a New Trading Platform for CFD Brokers
Ahmad Said, the former Head of Engineering for EMEA at Pepperstone, has launched Fintake, a new trading platform designed to serve CFD brokers. After four years at Pepperstone, Ahmad Said with extensive experience in trading technologies, is bringing fresh innovation to the industry. Fintake platform will provide brokers with customizable features, scalable technology, and flexible APIs that allow them to innovate and streamline operations.