The Cyprus Securities and Exchange Commission (CySEC) said on Monday it has withdrawn the suspensions of license of binary options brokers Leadtrade Ltd. and TTCM Traders Trust Capital Markets Ltd. The two brokers have managed to satisfy the ...

The Cyprus Securities and Exchange Commission (CySEC) has suspended the licenses of four Cypriot investmenty firms (CIFs) – binary options brokers Leadtrade Ltd., TTCM Traders Trust Capital Markets Ltd., Gametech (Cyprus) Ltd., and Dragon Options ...

The European Securities and Markets Authority (ESMA) issued on Friday a document concerning the passporting and cross-border provision of risky financial services to retail clients within the EU, which aims to clarify the relevant policies in the ...

Forex brokerage giant Gain Capital [NYSE:GCAP] said its trading volume in the retail business went down by more than 11 percentage points in 2016, compared to 2015. The broker generated a retail over-the-counter (OTC) trading volume of more than ...

Monex Group, a Japanese forex brokerage, reported on Friday its preliminary consolidated net profit posted a drop of 90.6% to JPY 300 million in April-December 2016, or the first three quarters of the current fiscal year (FY), ending 31 March, 2017. ...

Polish forex brokerage X-Trade Brokers, trading as XTB (WSE:XTB) reported its preliminary consolidated net profit jumped by an annual 212% to PLN 51.4 million for Q4 2016. A year earlier, XTB’s group net profit amounted to PLN 16.5 million. “The ...

Canada-based forex brokerage group Oanda said on Tuesday it has moved part of its IT equipment to Singapore in SG3, the newest server facility of data center provider Equinix (Nasdaq:EQIX). SG3 is Equinix’ largest data centre in Asia Pacific. “The ...

Multi-asset automated brokerage Interactive Brokers (NASDAQ:IBKR) reported on Tuesday a net revenue growth of 17.4% to $1.2 billion in 2016. Its pre-tax income stood at 761 million last year, which is 66.2% higher than a year earlier. In 2016, ...

Germany’s Federal Financial Supervisory Authority (BaFin) intends to limit the marketing, distribution of and trading in financial contracts for difference (CFDs) as a measure to protect retail investors. Contracts with an additional payments ...

The Central Bank of Ireland is open and ready to accept under its wing UK-regulated financial entities seeking authorization under a new jurisdiction in the Brexit concept, the bank’s Deputy Governor Cyril Roux was cited as saying in a statement ...

US’ National Futures Association (NFA) said on Monday it is setting a higher minimum security deposit for forex transactions to the Mexican peso (MXN), the Japanese yen (JPY), and the New Zealand dollar (NZD), while decreasing that for pairs with ...

The Italian referendum will take place on 4 December, 2016. It will decide whether the country’s constitutions would be amended and, depending on the outcome, might mean the resignation of the Prime Minister. It is also seen as a significant event ...

Swissquote Bank (SWX:SQN), a Swiss online financial and trading service provider, said on Wednesday it expects to close 2016 with earnings of CHF 150 million, which is up by an annual 2.5%, or much lower than the expected growth rate of 10%. In ...

“FXCM prides itself on excellent customer service, and the opening of FXCM South Africa will further that sentiment by offering a unique experience for our clients in the region,” said Harry Coundouris, CEO of FXCM South Africa. “Our customer ...

Russian fintech company MetaQuotes no longer intends to issue upgrades to the MetaTrader 4 (MT4) as it is focusing entirely on its successor MetaTrader 5 (MT5), investment news provider Finance Magnates reported on Tuesday, citing Anthony ...

Forex broker Forex.com, part of US forex brokerage group Gain Capital (NYSE:GCAP), said on Monday it has launched Active Trader, a new type of account for active traders with a requirement of a minimum initial deposit and a monthly balance of ...

Global over-the-counter (OTC) derivatives markets amounted to a gross combined $20.7 trillion in the first half of 2016, according to statistical data published on Thursday by the Bank for International Settlements (BIS). The figure represents a ...

Forex brokers, like any other general financial institution, do business with the main aim to generate revenue and earn profit. We’ve taken a look at the latest annual financial reports of some of the forex brokers operating in three key financial ...