Search
Exness’s march performance makes waves in the Industry
12.4.2023
Exness is a popular forex and CFD broker that offers access to trading currencies, stocks, commodities, indices, and cryptocurrencies. Traders using Exness can trade with the most reliable and stable pricing in the industry. Forex trading volumes rise again as economic uncertainties have been...
Nigerian Forex Inflows: ‘Ambiguous Foreign Exchange Regime’ Blamed After Inflows Dropped to $5.32 Billion in 2022
12.4.2023
Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence, the high cost of doing business, as well as the country’s high inflation rate. Nigeria will “struggle...
Saxo Bank’s March 2023 Report Shatters Records: Best Month Since 2020!
6.4.2023
Saxo Bank has published its report for March 2023, revealing that it has been the best month since March 2020. Not just March 2020, but it turns out that the numbers have been good in comparison to the previous few months as well. Foreign exchange volume was on the lower side till February 2023....
Interactive Brokers publishes its March 2023 report
5.4.2023
Interactive Brokers has published its report for the month of March 2023. Numbers are in comparison to the previous month and the same month for the previous year. There is a fall in the daily average revenue trades, with Interactive Brokers losing 2.05 million in comparison to 2.12 million...
‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO
5.4.2023
Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more...
Central Government and SBI to issue Forex Cards to select Haj Pilgrims
4.4.2023
The Ministry of Minority Affairs, currently chaired by Smriti Irani, has officially announced its partnership with the State Bank of India (SBI). The objective is to issue Forex Cards to select Haj pilgrims. The revised policy gives flexibility to cardholders in having the currency based on their...
Saxo launches SaxoSelect in Australia, offering managed portfolios
29.3.2023
Saxo Australia has published a media statement announcing the launch of SaxoSelect, an investment service that enables everyone to diversify their investments under expert opinion. SaxoSelect is a fully digital service wherein expert investors manage the wealth of other investors looking...
CMC Markets expects 290 million pounds in FY2023 income
28.3.2023
CMC Markets is growing as expected. Meaning, things are in line with the mission to register a growth of 30% in the next three years. FY23 is about to end, and CMC Markets appears to be happy with what it has achieved despite the challenges of the last few months. CMC Markets is anticipated...
FP Markets Strengthens Offerings with cTrader
24.3.2023
FP Markets has announced the integration of cTrader into its list of offerings which already includes Metatrader 4 and Metatrader 5. One of the leading brokers of CFDs and forex, FP Markets, has said that it takes pride in this development since it will help traders to better experience trading...
Oanda stands true to its global expansion, adds US and UK share CFDs
21.3.2023
Oanda is taking its offering of CFDs to the US and UK by allowing traders to include CFDs on companies like Tesla, Vodafone, and Apple. This is a part of Oanda’s efforts to expand contracts-for-difference. Oanda already includes CFDs on European equities. Diversification opportunities are surely...
HFM releases its New Virtual Analyst with 120 language support
17.3.2023
HFM recently announced the release of its latest virtual analyst. Named Kate, the AI character can speak in 120 accents and languages. Other than the avatar’s realism, HFM (formerly known as HotForex) has also put emphasis on Kate’s learning curve. The avatar acts as an additional channel for users...
Exness trading volume surges to $3 trillion in February
14.3.2023
Exness, an online forex brokerage firm, releases its financial report for the month of February 2023, showing a stronger trading volume in all the areas of its trading business. As per the reports, there is a remarkable growth in trading volume for the fourth consecutive month. Trading volume...
BlackBull X Acuity: AI & sentiment analysis integrated within online trading
9.3.2023
In a major move for traders at BlackBull Markets, the award-winning ECN broker has collaborated with Acuity Trader with the objective of streamlining the process of responsible trading. Acuity Trader, a provider of engaging tools, brings with it the power of AI News analytics, Dow Jones,...
NinjaTrader refreshes itself to offer a better trading experience
7.3.2023
NinjaTrader has changed its application and introduced a refreshed website along with a new logo. The updates relate to rolling out a seamless experience on mobile devices and website browsers. Visual identification has undergone a slight change with a simpler interface. Some of the significant...
Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study
7.3.2023
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the country with the most properties available for crypto, followed by Thailand, Portugal, and...
Kenyan Forex Crisis: Central Bank Orders Financial Institutions to Ration Dollars
6.3.2023
Growing shortages of foreign exchange on the interbank market have reportedly forced the Central Bank of Kenya to ask financial institutions to ration dollar purchases by Kenyan businesses. The shortages have forced Kenyan firms to seek greenbacks on alternative markets where the exchange rate...
OANDA collaborates with KAIKO to offer auditable price services
3.3.2023
OANDA, an online exchange rate data provider, has announced its collaboration with Kaiko, a well-known cryptocurrency market data provider, to build verifiable cryptocurrency value. The collaboration will bring together Kaiko’s substantial market data from the crypto space, which comprises 15,000...
Interactive Brokers Group Metrics for February 2023; DARTs rise 7%
2.3.2023
As per the brokerage highlights, February 2023 has shown a dip in its DARTs (Daily Average Revenue Trades), which have been noted at 2.121 million. The record shows an overall decrease in DARTs of 15% compared to February 2022, but the numbers also came with a positive side as they are 7% higher...
Guotai Junan partners with Saxo Bank for Southeast Asia expansion
28.2.2023
According to a statement made by Saxo Bank, it has now collaborated with Guotai Junan in a strategic partnership that will help the latter further its expansion in the South-East Asian region. The strategic arrangement is timely for Guotai Junan since the comprehensive financial services provider...
ThinkTrader receives updates from ThinkMarkets to improve trading
24.2.2023
ThinkTrader has received a total of four essential updates to its web platform. ThinkMarkets has rolled out these updates to ensure traders have a better experience on the platform. Each update focuses on a different aspect with the common goal of improving the trading experience. To start with...