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Tanzanian Central Bank Says Forex Restrictions Intended to ‘Safeguard the Stability of the Financial System’
3.6.2023
The Tanzanian central bank said on May 31 that foreign currency dealers are required to trade all transactions that exceed $1,000,000 within “interbank foreign exchange market prevailing quoted prices.” According to the Bank of Tanzania, the latest directives are intended...
May 2023 Report for Interactive Broker is out!
2.6.2023
Daily Average Revenue Traders, also known as DARTs, and client accounts are at the center for Interactive Broker in its May 2023 report. The American trading platform has revealed that there was a rise in DARTs in May 2023, with the number rising in the single digit of 5%. DARTs for May 2023...
Putin Wants Limit on Currency Purchases for Russians Dealing With Foreigners
24.5.2023
Russian citizens and firms doing business abroad may soon be restricted in the amount of foreign currency they are allowed to acquire, on order from Vladimir Putin. Russia’s head of state now wants his government to cap such purchases on the domestic forex market. President Putin Orders Russian...
Capital.com partners with Bruno Moltrasio & helps Italian Traders
23.5.2023
Capital.com has made a major advancement in the Italian market. The global fintech venture has announced a partnership with Bruno Moltrasio, the veteran trader and educator of the financial sector. Capital.com, with the partnership, is aiming to improve the understanding of Italian traders in...
FXPesa Academy is now in Kampala, Uganda
23.5.2023
FXPesa Academy, a part of Equiti Group, has announced setting up a financial institution in Uganda’s Kampala. Making it the first-ever financial education center in the country, the Academy is specifically located on Rumme Building’s 7th floor in Kampala. The focus will be on bringing quality...
Money Expo returns to Mexico with three key participants
22.5.2023
The Money Expo is all set to be held in Mexico’s Centro Citibanamex from May 24, 2023, to May 25, 2023. The Expo is one of its kind, for it brings together a community of financial advisors, investment experts, and traders. The ultimate goal is to keep everyone updated with the recent trends...
Exness sees a cyclical downfall in April, sustains the $3T mark in trading volume
12.5.2023
Exness, a retail brokerage firm, has published its numbers for April 2023, revealing that it was able to sustain the mark of $3 trillion in terms of trading volume. It is significant that the brokerage firm was able to sustain the milestone mainly because it registered a fall in the trading volume...
A new PAMM offering goes live on ThinkMarkets
10.5.2023
ThinkMarkets has announced the launch of a new product in the emerging market. This is expected to help partners and clients in more than one way. The new PAMM offering complements the rising demand of the trading community, allowing them to allocate funds as per their preference. Money Managers...
HFM releases exciting upgrade to its trading platform HFcopy
10.5.2023
Followers and Strategy Providers can be assured that HFM is exploring ways to enhance their experience of trading. However, to start with, the platform has already launched an upgrade to HFcopy wherein both types of traders can enjoy better leverage. Strategy Providers, for example, can join...
Tickmill enters Dubai, obtains necessary permissions under DFSA
9.5.2023
Tickmill, a UK-based retail brokerage firm, has announced that it will soon be opening a new office in Emirates Financial Towers. This will enable Tickmill to give access to local traders to a variety of services like education and trading. A specific offering that is likely to catch the major...
Vantage earns the FSCA license to run services in South Africa
5.5.2023
Vantage recently announced that it had earned its operating license from the FSCA (Financial Sector Conduct Authority). With the license, the platform can now run its services in South Africa. The FSCA acts as a regulatory body for financial projects in South Africa. It is accountable...
VT Markets bring back Hill Trading Contest with a prize pool of $60,000
4.5.2023
After experiencing the inaugural success, VT Markets has announced bringing back the much-anticipated trading contest – Hill Trading Contest. It is scheduled to begin on May 01, 2023, and conclude on July 31, 2023. The 3-month long trading contest requires traders to showcase their skills...
Standard Chartered Analyst: BTC to Surge by $20,000 if the US Defaults on Debt Obligations
3.5.2023
Geoff Kendrick, the head of forex research at the banking institution Standard Chartered, recently said that the price of bitcoin is likely to jump by $20,000 in the event of the United States defaulting on its obligations. According to Kendrick, while bitcoin is likely to surge when the U.S....
Swissquote offers a chance to earn passive income with trading accounts
1.5.2023
Swissquote is bringing back the chance to earn passive income with trading accounts, effective May 1, 2023. The passive income will be in the form of interest, which any customer can earn with a trading account. Cash deposits in three currencies will fetch interest based on how much balance they...
South African Mirror Trading's CEO Fined $3.4B by U.S. in Bitcoin Forex Fraud Case
28.4.2023
The founder of bitcoin pool operator MTI was charged with fraud last year for running an unlicensed commodity pool scheme
JForex3 to JForex4 chart migration made easy by Dukascopy
26.4.2023
Dukascopy is advancing to a new trading platform. It is doing so by ensuring that traders are not left behind in any way possible. Dukascopy has, therefore, announced the launch of chart migration. It enables traders to seamlessly migrate objects from JForex3 to JForex4. All they have to do is save...
BlackBull Markets moves to blackbull.com from Blackbullmarkets.com
25.4.2023
BlackBull Markets recently announced a domain shift to blackbull.com. The trading platform currently operates on blackbullmarkets.com. Beginning at the end of April 2023, users can access the platform via blackbull.com. The migration is not limited to the domain name alone; BlackBulls is also...
ThinkMarkets launches New Zealand entity to expand in Asia-Pacific region
20.4.2023
ThinkMarkets has gained an edge in the Asia Pacific region by launching a New Zealand entity. This gives the residents of the region a window to participate in trading activities through ThinkTrader. The platform is regulated by FMA – New Zealand Financial Markets Authority – and can...
T. Rowe Price, WisdomTree join Avalanche subnet for forex testing
12.4.2023
If initial tests are successful, the firms will expand their activities into tokenized credit issuance and equities
Russian Central Bank Attributes Recent Ruble Depreciation to Lower Forex Sales by Exporters
12.4.2023
The Russian central bank has attributed the ruble’s latest plunge against the U.S. dollar to the temporary reduction “in sales of foreign currency earnings by exporters.” The central bank also revealed that the Chinese yuan accounted for 39% of the Russian forex market’s...