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Category: Broker News

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Smart Prop Trader Closes Operations Amid a Year of Prop Firm Shutdowns

Smart Prop Trader, a well-known prop trading firm offering funded accounts, has announced its closure, marking another chapter in a year that has seen over 50 similar companies shutter their

  • Rohit
  • December 2, 2024
  • Broker News
  • FinTech News

Barclays Settles FCA Case With £40 Million Fine for 2008 Qatar Disclosure Failures

Barclays Agrees to Penalty for 2008 Crisis Missteps Barclays has agreed to pay a £40 million fine to the UK Financial Conduct Authority (FCA) for failing to properly disclose payments

  • Rohit
  • November 28, 2024
  • Broker News
  • Forex News

Deriv Launches ‘Tactical Indices’ to Simplify Trading

  Key Highlights: Deriv introduces ‘Tactical Indices,’ a tool that automates trading strategies. The first set of strategies is based on RSI (Relative Strength Index) with silver as the underlying

  • Rohit
  • November 28, 2024
  • Broker News
  • Forex News

NAGA Expands Into Middle East Markets With UAE and Saudi Stocks

NAGA Expands Middle East Market Access: Adds UAE and Saudi Stocks NAGA Group AG, a globally recognized fintech company, has taken a significant step toward expanding its presence in the

  • Rohit
  • November 27, 2024
  • Broker News

Social Trading Giant eToro Secures New York Approval, Eyes Broader Horizons

eToro, a global social investing platform, has announced its entry into the New York market after securing the required regulatory license. This move is a significant milestone for the fintech

  • Rohit
  • November 21, 2024
  • Broker News
  • FinTech News
  • Forex News

Robinhood Expands Wealth Management Services With $300M TradePMR Acquisition

Robinhood, the California-based commission-free investing platform, has announced its plan to acquire TradePMR, a leading provider of custodial and portfolio management services for Registered Investment Advisors (RIAs). The acquisition, valued

  • Rohit
  • November 20, 2024
  • Broker News
  • Forex News

ICM.com Secures FSA License in Seychelles, Expanding Global Footprint

ICM.com, a globally recognized financial technology firm, has successfully obtained a regulatory license from the Financial Services Authority (FSA) in Seychelles. This milestone expands the firm’s regulated jurisdictions to seven,

  • Rohit
  • November 20, 2024November 20, 2024
  • Broker News

Plus500’s Profit Efficiency Outshines Rivals; CMC Faces Profitability Challenges

Among the three major London-listed retail brokers—Plus500, IG Group, and CMC Markets—profitability trends reveal unique strengths and challenges in their financial structures. While Plus500 demonstrates high efficiency in converting revenue

  • Rohit
  • November 8, 2024
  • Broker News
  • Crypto News

Silk Road-Linked Money Laundering Case: US Charges Former Bitcoin Exchange Operator Maximiliano Pilipis

The US Department of Justice (DOJ) recently charged Maximiliano Pilipis with operating an unlicensed cryptocurrency exchange and laundering proceeds allegedly linked to the Silk Road dark web marketplace. Silk Road,

  • Rohit
  • October 29, 2024
  • Broker News
  • Forex News

AvaTrade Extends Sponsorship of UAE Pro League Football

  AvaTrade, a prominent retail FX and CFDs broker, has announced the renewal and extension of its sponsorship agreement with the UAE Pro League football. AvaTrade will continue to be

  • Rohit
  • October 15, 2024

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