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Finance Magnates
Polish Prosecutor Denies Conotoxia's Claims: No Investigation Against KNF
Cinkciarz.pl (Conotoxia Holding) reported today (Thursday) that the prosecutor's office has launched an investigation against the country's Financial Supervision Authority (KNF) in response to a complaint filed by the Polish fintech
News Discussion Forum
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Finance Magnates
After Asia and Middle East, XTB Receives Regulatory Approval in Latin America
XTB, the Warsaw-listed financial technology company (GPW: XTB ), has obtained a securities agent license from Chile's Financial Market Commission (CMF), continuing its expansion plan in Latin America.
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Finance Magnates
eToro Expands Offering with ADX Stocks as Exchange Raises $3.3 Billion in IPOs
eToro has added stocks from the ADX. This follows an agreement signed in 2023 between ADX and eToro to expand investor access to UAE-listed companies.
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Finance Magnates
Poland's KNF Under Investigation for Alleged Regulatory Breach
Polish prosecutors have opened an investigation into alleged abuse of power by the country's Financial Supervision Authority (KNF) following a complaint from financial services firm Cinkciarz.
News Discussion Forum
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Finance Magnates
XBO.com Becomes the Official Global Sponsor of the Argentina National Football Team
Argentine Football Association partners with XBO.com to unite two passionate communities.
Sponsorship
News Discussion Forum
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Finance Magnates
Axi Select Capital Allocation Program Hits $1 Million in Funding
Axi, a global online trading service provider, has announced that Francisco Quesada Godines, a trader, has reached a key achievement in its Axi Select capital allocation program.
News Discussion Forum
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Finance Magnates
Libertex Enters Formula One as the Official Online Trading Partner of KICK Sauber F1 Team
The partnership underscores Libertex’s expanding footprint in global sports.
News Discussion Forum
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Finance Magnates
Bankrupt FlowBank to Return 70–80% of CHF 384 Million in Creditor Claims
The liquidator of the now-bankrupt FlowBank has revealed that it will fully pay first- and second-class claims to creditors, while the liquidation dividend for third-class claims will be between 70...
FlowBank
News Discussion Forum
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Finance Magnates
Finance Magnates Releases Q4 2024 Intelligence Report
Explore the latest Finance Magnates Intelligence Report for Q4 2024, offering key market insights and trends.
qir
Finance Magnates Intelligence
News Discussion Forum
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Finance Magnates
Fintech Investment Slumps to Seven-Year Low of $95.6 Billion as Rate Hikes Bite
Global fintech investment plummeted to $95.6 billion across 4,639 deals in 2024, marking its lowest level since 2017, as investors grappled with persistent macroeconomic challenges and geopolitical tensions.
fintech
Funding
KPMG
2024
News Discussion Forum
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Finance Magnates
GCEX Director Touts Simplicity With New Trading Platform for Fund Managers
Digital asset and foreign exchange solutions provider GCEX introduced XplorAllocate today (Thursday), a multi-asset platform designed to automate trade allocation processes for institutional investors.
GCEX
Multi Asset Solutions
News Discussion Forum
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Finance Magnates
Why Is XRP Going Up? XRP News on Brazil's Spot XRP ETF Drives Price and Predictions Higher
XRP News: XRP surges 7% amid Brazil’s approval of the first spot XRP ETF. Learn why XRP is rising, key price levels, and 2025 predictions. Will XRP hit $5?
ripple. xrp
XRP
cryptocurency
News Discussion Forum
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Finance Magnates
Can Musk Pull Off Another Market Move? X Seeks Fresh Cash at a $44B Tag
Elon Musk's social media company, X, formerly known as Twitter, is in talks to raise new funding at a $44 billion valuation, the same price Musk paid when he acquired the platform in 2022.
elon musk
News Discussion Forum
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Finance Magnates
Czech Crypto Firms to Gain Banking Access Under Fresh Legislation
The Czech Republic officially enacted a new cryptocurrency law that simplifies tax rules and brings the country in line with the European Union’s Markets in Crypto-Assets (MiCA) regulations.
crypto.com
News Discussion Forum
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Finance Magnates
FCA Defends Email Policy Shift as Critics Warn of Transparency Risks
Failing to maintain proper records of electronic communication has led to hefty fines for companies in recent years, prompting the UK’s regulator to clarify its stance on email compliance.
fca
News Discussion Forum
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Finance Magnates
OANDA Extends Partnership with New York Red Bulls, Boosts Event Opportunities
The New York Red Bulls announced an extension of their partnership with OANDA, which has been the club's Official Forex Trading Partner since 2022.
News Discussion Forum
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Finance Magnates
CySEC Approval Enables eToro for Crypto Services Across the EU Under MiCA
eToro, a global trading and investing platform, has announced that its European subsidiary, eToro (Europe), has been granted a permit by the CySEC.
News Discussion Forum
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Finance Magnates
eToro Completes SOC 2 Type II Audit for Cryptoasset Security and Compliance
eToro has achieved SOC 2 Type II compliance for its cryptoasset custody services after an independent audit assessing its security controls.
News Discussion Forum
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Finance Magnates
A Bold New Way to Earn: CoiniGo’s Referral Program Offers Up to $10,000
Partners can be rewarded for driving the future of digital payments.
News Discussion Forum
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Finance Magnates
KNF Flushed Their License Down the Toilet, Now Cinkciarz.pl is on a Roll with Revenge
Polish fintech Conotoxia (Cinkciarz.pl) is flushing back at regulators with an unconventional product launch after losing its payment institution authorization.
News Discussion Forum
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Finance Magnates
Beeks’ H1 FY25 Profit Jumps 31%, “Trading in Line with Expectations”
Beeks Financial Cloud Group (AIM: BKS) released a trading update today (Wednesday), expecting to close the first six months of the fiscal year 2025 with £15.
beeks
beeks financial cloud
News Discussion Forum
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Finance Magnates
Prop Firm Alpha Capital Revives Floor Trading Model in Bet Against "Demo" Trend
The prop firm Alpha Capital Group is introducing Alpha Prime, a professional trading initiative that marks a return to traditional proprietary trading, offering selected investors the opportunity to trade on the professional trading floor.
Alpha Capital Group
prop trading
prop firms
News Discussion Forum
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Finance Magnates
Solana and XRP Prices Take a Tumble: What's Behind the Crypto Crash?
Solana and XRP prices plummet amid political scandals and regulatory challenges, leaving investors questioning the future of the cryptocurrencies.
Solana
XRP
etfs
News Discussion Forum
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Finance Magnates
Doo Group Volume Hits Seven-Month Low in January 2025 as Trading Slows
Doo Group reported its lowest monthly trading volume since June 2024, with January figures reaching $107.01 billion, as seasonal factors and market adjustments impacted trading activity.
doo group
Trading Volume
Adv
News Discussion Forum
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Finance Magnates
Three CEOs to Succeed Lutnick at BGC as He Takes U.S. Commerce Post
BGC Group (NASDAQ: BGC ) announced a major leadership overhaul as Howard Lutnick, its longtime Chairman and Chief Executive Officer, steps down following his confirmation as the 41st U.S. Secretary of Commerce by the Senate.
BGC Group
News Discussion Forum
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Finance Magnates
Carla Nemr Leaves Tauro Markets after 5 Months, Joins CFI
Carla Nemr left the newly launched Tauro Markets after about five months to join the established forex and contracts for differences (CFDs) brand, CFI Financial Group, as the Global Director of Bus...
CFI Financial
CFI Financial Group
News Discussion Forum
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Finance Magnates
BitGo Expands Support for Institutions: Launches Crypto OTC Trading Desk
BitGo, known for offering crypto custody solutions, has expanded its services by announcing yesterday (Tuesday) the launch of an over-the-counter (OTC) trading desk, specifically targeting institut...
Bitgo
News Discussion Forum
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Finance Magnates
FYNXT Proves Its Cybersecurity Prowess with Successful Second ISO 27001 Surveillance Audit
FYNXT clients' data is handled with the highest level of security, transparency, and compliance with the latest industry frameworks.
FYNXT
News Discussion Forum
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Finance Magnates
UK's Regulator Fines Mako Financial Markets £1.66M in Cum-Ex Trading Crackdown
The London-based Mako Financial Markets is the latest firm to bear the brunt of the UK regulator’s crackdown on the infamous cum-ex trading scandal.
fca
News Discussion Forum
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Finance Magnates
Musk’s xAI Rolls Out Grok-3 After $97 Billion Offer Rejection from OpenAI
Elon Musk’s artificial intelligence company, xAI, has introduced Grok-3, the latest version of its chatbot.
elon musk
AI
OpenAI
Twitter
News Discussion Forum
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Finance Magnates
The Trading Pit Becomes the Latest Prop Firm to Integrate cTrader
More prop trading companies are embracing cTrader platform. The Trading Pit is the latest company to integrate the platform into its suite of trading solutions, coming a day after Hoorah embraced t...
The Trading Pit
ctrader
News Discussion Forum
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Finance Magnates
Chinese AI DeepSeek to See Tiger Brokers Traders’ Data in the Upgraded TigerGPT
Online brokerage firm Tiger Brokers (NASDAQ: TIGR) announced today (Tuesday) the integration of DeepSeek-R1 artificial intelligence model into its TigerGPT investment platform.
Tiger Brokers
UP Fintech
News Discussion Forum
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Finance Magnates
Plus500’s US Bet Pays Off: Aims to Expand with “Bolt-on Acquisition”
Plus500 (LON: PLUS) entered the United States futures market in 2021, which has now become “strategically important” for it and “represents a multi-year growth opportunity.
News Discussion Forum
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Finance Magnates
Interactive Brokers' US Retail FX Deposits Gains 14% in December as Larger Rivals Retreat
US retail foreign exchange (FX) dealers reported a collective decline in customer deposits for December 2024, with most major brokers seeing outflows while Interactive Brokers emerged as a bright spot.
forex deposits
USA
News Discussion Forum
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Finance Magnates
iTech Software Upgrades its Trading Platform with Multi-currency Functionality
Yet another game-changing release from iTech Software targeting both brokers and traders.
iTech Software
News Discussion Forum
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Finance Magnates
oneZero Takes Over Autochartist to Boost Data Intelligence
Trading technology provider oneZero Financial Systems announced today (Tuesday) its acquisition of Autochartist, a market analytics firm specializing in automated financial content generation.
onezero
Autochartist
News Discussion Forum
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Finance Magnates
Plus500 Adds 118,010 New Users in 2024 as Customer Base Grows 30%
Financial technology company Plus500 Ltd. reported its full-year results for 2024, showing revenue of $768.3 million, a 6% increase from the previous year, while announcing new shareholder returns.
News Discussion Forum
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Finance Magnates
Bitcoin Miner HIVE Names Former Apple Exec to Lead Cloud Unit in $100 Million Push
HIVE Digital Technologies, the publicly listed Bitcoin (BTC) miner (NASDAQ: HIVE) has announced the appointment of Craig Tavares as President and Chief Operating Officer of its Buzz HPC division.
HIVE Blockchain Technologies
Bitcoin Mining
crypto
News Discussion Forum
By
Finance Magnates
CM Elite Group UK’s FY24 Revenue Jumps amid Significant Client Growth
The United Kingdom-registered entity of Capital Markets Elite Group, a broker offering equities and contracts for difference (CFDs), generated £502,699 in the fiscal year ended 31 May 2024.
News Discussion Forum
By
Finance Magnates
ASIC Seeks to Ease Reporting Rules: It Will Impact on CFD Brokers
The Australian Securities and Investments Commission (ASIC), which oversees financial services markets, has proposed certain relaxations in mandatory reporting requirements for regulated companies,...
Asic
Australia
compliance
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