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CM Elite Group UK’s FY24 Revenue Jumps amid Significant Client Growth
CM Elite Group UK’s FY24 Revenue Jumps amid Significant Client Growth
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.
ASIC Seeks to Ease Reporting Rules: It Will Impact on CFD Brokers
ASIC Seeks to Ease Reporting Rules: It Will Impact on CFD Brokers
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
Devexperts Expands Offering with New Institutional Trading Platform
Devexperts Expands Offering with New Institutional Trading Platform
By Finance Magnates
Devexperts Expands Offering with New Institutional Trading Platform
Devexperts launched DXtrade Institutional, an institutional platform promising to help banks, hedge funds, asset managers, and market makers enhance their trading infrastructure.
devexperts
dxTrade
Cardano Price Prediction: Why ADA is Outperforming Bitcoin and Ethereum
Cardano Price Prediction: Why ADA is Outperforming Bitcoin and Ethereum
By Finance Magnates
Cardano Price Prediction: Why ADA is Outperforming Bitcoin and Ethereum
While the broader cryptocurrency market struggles, Cardano’s ADA is among the top-performing altcoins. At the time of this publication, Cardano’s ADA traded for 0.
cardano ada
Argentine President Milei Faces Charges by Lawyers in Libra Crypto Collapse
Argentine President Milei Faces Charges by Lawyers in Libra Crypto Collapse
By Finance Magnates
Argentine President Milei Faces Charges by Lawyers in Libra Crypto Collapse
Argentine lawyers have filed charges against President Javier Milei for promoting a cryptocurrency, Libra (LIBRA), which briefly surged and then crashed.
Argentina
pump and dump
fraud
crypto
cryptocurrency
A Look at 1FUEL's Innovative Exchange Platform
A Look at 1FUEL's Innovative Exchange Platform
By Finance Magnates
A Look at 1FUEL's Innovative Exchange Platform
Litecoin remains very popular with its price having bounced back to $124.
litecoin
KYC is (Becoming) a Key Legal Requirement for Mining Pool Providers
KYC is (Becoming) a Key Legal Requirement for Mining Pool Providers
By Finance Magnates
KYC is (Becoming) a Key Legal Requirement for Mining Pool Providers
The mining industry has faced its share of criticism regarding its energy consumption.
crypto
Prop Trading Firm Hoorah Expands Offerings with cTrader Integration
Prop Trading Firm Hoorah Expands Offerings with cTrader Integration
By Finance Magnates
Prop Trading Firm Hoorah Expands Offerings with cTrader Integration
Hoorah, a prop trading firm, teamed up with Spotware, the developer of cTrader platform. By integrating cTrader into its offerings, Hoorah mentioned that it aims to ensure its traders have access t...
prop firms
ctrader
Zhao Denies Binance Sale amid Asset Moves and Calls It a "Treasury Adjustment"
Zhao Denies Binance Sale amid Asset Moves and Calls It a "Treasury Adjustment"
By Finance Magnates
Zhao Denies Binance Sale amid Asset Moves and Calls It a "Treasury Adjustment"
Binance Co-Founder and former CEO Changpeng Zhao has denied rumors that the cryptocurrency exchange is for sale. . Co-founder Yi He also addressed the rumors.
binance
crypto
cryptocurrency
Will Ethereum Go Up? Price Bounces Off Lows, but Market Signals Remain Bearish
Will Ethereum Go Up? Price Bounces Off Lows, but Market Signals Remain Bearish
By Finance Magnates
Will Ethereum Go Up? Price Bounces Off Lows, but Market Signals Remain Bearish
Although Ethereum’s price has been on a steady decline, the price is attempting a recovery but faces a possible price pullback at key price resistance levels.
Ethereum
ETH
Beyond Exotic Pairs: Brokers Focus More on Enhancing Services in Low Volatile Market
Beyond Exotic Pairs: Brokers Focus More on Enhancing Services in Low Volatile Market
By Finance Magnates
Beyond Exotic Pairs: Brokers Focus More on Enhancing Services in Low Volatile Market
Low market volatility might not be a great environment for FX brokers, but for reasons relating to cost and risk in particular they almost unanimously reject the suggestion that the answer is to si...
forex
broker
EU Watchdog Wants Crypto Exchanges and Companies Staff to Hit the Books
EU Watchdog Wants Crypto Exchanges and Companies Staff to Hit the Books
By Finance Magnates
EU Watchdog Wants Crypto Exchanges and Companies Staff to Hit the Books
The European Securities and Markets Authority (ESMA) has unveiled comprehensive guidelines requiring crypto-asset service providers to ensure their staff meet stringent knowledge and competency standards.
esma
MiCA
crypto
regulation
Crypto Fraud Ecosystem Hits $12.4 Billion as AI, Pig Butchering Powers New Scams
Crypto Fraud Ecosystem Hits $12.4 Billion as AI, Pig Butchering Powers New Scams
By Finance Magnates
Crypto Fraud Ecosystem Hits $12.4 Billion as AI, Pig Butchering Powers New Scams
Cryptocurrency scams are on track to reach an unprecedented $12.4 billion in 2024, with artificial intelligence and sophisticated investment schemes driving the surge, according to new data from bl...
Chainalysis
crypto scam
report
What is Forex Trading and How Does the Market Work?
What is Forex Trading and How Does the Market Work?
By Finance Magnates
What is Forex Trading and How Does the Market Work?
Forex investing for many people is not only a profession but also the best way to make big profits in a short time.
S Korea Blocks DeepSeek AI Over Privacy Concerns amid Predictions on Bitcoin, XRP
S Korea Blocks DeepSeek AI Over Privacy Concerns amid Predictions on Bitcoin, XRP
By Finance Magnates
S Korea Blocks DeepSeek AI Over Privacy Concerns amid Predictions on Bitcoin, XRP
South Korea has banned new downloads of China’s DeepSeek AI. The decision was announced by the country’s Personal Information Protection Commission.
DeepSeek
south-korea
AI
EC Markets Renews Strategic Partnership with World’s Leading Snooker Player Judd Trump
EC Markets Renews Strategic Partnership with World’s Leading Snooker Player Judd Trump
By Finance Magnates
EC Markets Renews Strategic Partnership with World’s Leading Snooker Player Judd Trump
This strategic collaboration underscores EC Markets’ steadfast commitment to excellence, innovation, and global expansion.
Aussie Agency Investigates Over 50 Remittance and Crypto Exchanges for Reporting Breaches
Aussie Agency Investigates Over 50 Remittance and Crypto Exchanges for Reporting Breaches
By Finance Magnates
Aussie Agency Investigates Over 50 Remittance and Crypto Exchanges for Reporting Breaches
The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced today (Monday) that it has taken action against 13 remittance and digital currency exchange providers while investigating ...
austrac
cryptocurency
2025 CFD Markets Outlook: Mitrade Reinforces Trader Care Amid Rising Regulatory Pressures
2025 CFD Markets Outlook: Mitrade Reinforces Trader Care Amid Rising Regulatory Pressures
By Finance Magnates
2025 CFD Markets Outlook: Mitrade Reinforces Trader Care Amid Rising Regulatory Pressures
As CFD trading evolves, traders face new challenges from technological shifts and regulatory requirements.
X Open Hub Secures Key Indonesian Licence and SCA Accreditation
X Open Hub Secures Key Indonesian Licence and SCA Accreditation
By Finance Magnates
X Open Hub Secures Key Indonesian Licence and SCA Accreditation
Through its new licence, X Open Hub will offer regulated multi-asset liquidity services, including stocks and ETFs, to Indonesian investors.
X Open Hub
ATFX Africa Honored as Africa’s Best and Most Trusted Broker
ATFX Africa Honored as Africa’s Best and Most Trusted Broker
By Finance Magnates
ATFX Africa Honored as Africa’s Best and Most Trusted Broker
ATFX Africa has established itself as a prominent force in online trading, earning recognition for its commitment to innovation and transparency.
TradingPRO Launches TradingPLUS: A New Era of Opportunities for Traders
TradingPRO Launches TradingPLUS: A New Era of Opportunities for Traders
By Finance Magnates
TradingPRO Launches TradingPLUS: A New Era of Opportunities for Traders
With TradingPLUS, TradingPRO further solidifies its mission to empower traders and provide them with the opportunities they need to succeed.
Forex Back-Office Software Guide: Managing Operations, Dealing Settings, and Risk
Forex Back-Office Software Guide: Managing Operations, Dealing Settings, and Risk
By Finance Magnates
Forex Back-Office Software Guide: Managing Operations, Dealing Settings, and Risk
What should brokers consider when it comes to sourcing their back-office software in 2025 and beyond?
devexperts
How Technology Is Revolutionising Brokerage Operations
How Technology Is Revolutionising Brokerage Operations
By Finance Magnates
How Technology Is Revolutionising Brokerage Operations
Explore how Forex trading technology and crypto brokerage solutions like B2CORE are transforming access and operations in the financial markets.
B2Core
This Bitcoin Miner Nears Penny Stock Status as Revenue Declines Despite Mining Gains
This Bitcoin Miner Nears Penny Stock Status as Revenue Declines Despite Mining Gains
By Finance Magnates
This Bitcoin Miner Nears Penny Stock Status as Revenue Declines Despite Mining Gains
Phoenix Group, the first UAE-listed cryptocurrency mining company, reported mixed financial results for 2024, with strong mining revenue growth contrasting against an overall decline in total revenues.
Phoenix
Bitcoin Mining
Doo Group Expands in Cyprus: Opens New Limassol Office
Doo Group Expands in Cyprus: Opens New Limassol Office
By Finance Magnates
Doo Group Expands in Cyprus: Opens New Limassol Office
Doo Group, which obtained a Cyprus license late last year, has opened a new office in Limassol, the capital city of the Mediterranean island.
doo group
cyprus
Airwallex Announces Record Profits in Tandem with LatAm Expansion
Airwallex Announces Record Profits in Tandem with LatAm Expansion
By Finance Magnates
Airwallex Announces Record Profits in Tandem with LatAm Expansion
Airwallex expands into LatAm with Mexpago acquisition and Brazilian approval, boosting global ambitions. Profits soar as transactions hit $130B.
Airwallex
LATAM
cross-border payments
FMA Identifies Almost 100 Fraudulent Trading Platforms, including Saxo, IG and ATFX Clones
FMA Identifies Almost 100 Fraudulent Trading Platforms, including Saxo, IG and ATFX Clones
By Finance Magnates
FMA Identifies Almost 100 Fraudulent Trading Platforms, including Saxo, IG and ATFX Clones
. The New Zealand’s market watchdog has uncovered an extensive network of fraudulent online trading platforms operating a sophisticated investment scam targeting global investors.
fma
New Zealand's FMA
Clone
Warning
ATFX
$LIBRE Crypto Crash Triggers Impeachment Threat Against Argentina’s President
$LIBRE Crypto Crash Triggers Impeachment Threat Against Argentina’s President
By Finance Magnates
$LIBRE Crypto Crash Triggers Impeachment Threat Against Argentina’s President
Opposition lawmakers in Argentina have raised the possibility of impeaching President Javier Milei after he promoted a cryptocurrency that rapidly lost value.
crypto
Argentina
cryptocurrency
pump and dump
impeachment
This Week in Review: eToro Files for IPO, Prop Traders Want Regulation, and More
This Week in Review: eToro Files for IPO, Prop Traders Want Regulation, and More
By Finance Magnates
This Week in Review: eToro Files for IPO, Prop Traders Want Regulation, and More
eToro Files for IPO . This week’s top stories include eToro's filing with the US Securities and Exchange Commission (SEC) for a planned initial public offering (IPO).
editor's pick
etoro
Bybit Becomes First to List Avalon Token (AVL) with Up to 50% APR Rewards
Bybit Becomes First to List Avalon Token (AVL) with Up to 50% APR Rewards
By Finance Magnates
Bybit Becomes First to List Avalon Token (AVL) with Up to 50% APR Rewards
Avalon Labs is the world’s largest issuer of Bitcoin-backed stablecoins.
Why Dogecoin (DOGE) is Up: Crypto Traders Bet on Price Rally as ETF Speculation Grows
Why Dogecoin (DOGE) is Up: Crypto Traders Bet on Price Rally as ETF Speculation Grows
By Finance Magnates
Why Dogecoin (DOGE) is Up: Crypto Traders Bet on Price Rally as ETF Speculation Grows
Dogecoin's price movements have been anything but stable, yet there is optimism the meme coin is primed for a major rally. Recent predictions place DOGE's next peak anywhere between $2.
Why Is XRP Going Up: SEC Acknowledges Grayscale’s XRP ETF Filing
Why Is XRP Going Up: SEC Acknowledges Grayscale’s XRP ETF Filing
By Finance Magnates
Why Is XRP Going Up: SEC Acknowledges Grayscale’s XRP ETF Filing
The US Securities and Exchange Commission (SEC) has formally acknowledged Grayscale’s 19b-4 filing for an XRP exchange-traded fund (ETF).
Ripple
XRP
ripple. xrp
US SEC
crypto
cryptocurency
Zelle's $1 Trillion Triumph: The P2P Powerhouse Outpacing PayPal
Zelle's $1 Trillion Triumph: The P2P Powerhouse Outpacing PayPal
By Finance Magnates
Zelle's $1 Trillion Triumph: The P2P Powerhouse Outpacing PayPal
Zelle's P2P payments surpassed $1 trillion in 2024, outpacing PayPal, boosting small business transactions, and attracting younger, tech-savvy users.
Zelle
P2P payments
ATFX Attends ACBC NSW Chinese New Year Gala 2025
ATFX Attends ACBC NSW Chinese New Year Gala 2025
By Finance Magnates
ATFX Attends ACBC NSW Chinese New Year Gala 2025
ATFX's presence at the Gala will help the company strengthen Australia-China Business Ties.
CFI Cements Central Asia Presence: Opens New Baku Office
CFI Cements Central Asia Presence: Opens New Baku Office
By Finance Magnates
CFI Cements Central Asia Presence: Opens New Baku Office
CFI Financial Group, a contracts for differences (CFDs) broker with a strong presence in the Middle East, is now expanding into Central Asia by opening an office in Baku, the capital of Azerbaijan.
CFI Financial
CFI Financial Group
SEC’s Lawsuit against Binance Is Officially on Hold
SEC’s Lawsuit against Binance Is Officially on Hold
By Finance Magnates
SEC’s Lawsuit against Binance Is Officially on Hold
A federal judge yesterday (Thursday) ordered a hold on the Securities and Exchange Commission’s (SEC) lawsuit against crypto exchange giant Binance for 60 days.
Securities and Exchange Commission
cryptocurrency
Binance
Coinbase Revenue Soars 88% in Q4, Driven by Crypto's Late-2024 Comeback
Coinbase Revenue Soars 88% in Q4, Driven by Crypto's Late-2024 Comeback
By Finance Magnates
Coinbase Revenue Soars 88% in Q4, Driven by Crypto's Late-2024 Comeback
The crypto bull market of late 2024 propelled Coinbase to a record-breaking fourth quarter, with revenue reaching $2.27 billion.
coinbase
Cyprus Investment Firms Must Align with EU Sustainability Laws, CySEC Says
Cyprus Investment Firms Must Align with EU Sustainability Laws, CySEC Says
By Finance Magnates
Cyprus Investment Firms Must Align with EU Sustainability Laws, CySEC Says
Cyprus Investment Firms (CIFs) must ensure compliance with EU-wide regulations, according to the Cypriot regulator’s recent notice.
cysec
CIFs
London's Permutable AI Rolls Out AI-Driven Market Intelligence for FX Traders
London's Permutable AI Rolls Out AI-Driven Market Intelligence for FX Traders
By Finance Magnates
London's Permutable AI Rolls Out AI-Driven Market Intelligence for FX Traders
The London-based Permutable AI, known for its analytics in commodities and energy markets, announced an expansion of its trading platform to include FX markets.
AI
forex
Changelly Celebrates Major Expansion: 1k Cryptos Now Available with Valentine's Promotion
Changelly Celebrates Major Expansion: 1k Cryptos Now Available with Valentine's Promotion
By Finance Magnates
Changelly Celebrates Major Expansion: 1k Cryptos Now Available with Valentine's Promotion
Changelly is announcing its "Love at First Swap" campaign, from February 13- 23, 2025.
crypto