Broker News
Kraken Moves To Reassure Users After A Week Of Crypto TurmoilAfter a week which saw FTX, one of the world’s largest crypto exchanges, collapse due to a liquidity crunch, Kraken has reaffirmed that its Proof of Reserve audits have been completed, providing peace of mind to users. Customers can also verify their balance from the audits through their Kraken account. Read on to find out […]
LiteFinance Launches New Mobile App For AndroidLiteFinance has introduced a new and improved mobile trading app for Android users. Clients can access 190 instruments and an expanded trading toolkit, including signals and professional analytics. The old LiteFinance app will be removed from Google Play. Tools & Features The broker’s team of developers have worked to improve the mobile trading experience. The […]
M4Markets Secures License From The CySECM4Markets will start accepting retail traders from Europe after obtaining a license from the region’s financial regulator – the Cyprus Securities & Exchange Commission (CySEC). M4Markets has already proven popular in other key trading jurisdictions, picking up a string of industry awards in recent years, but what can European traders expect from the CFD and […]
Trading212 Opens Its Doors To UK InvestorsTrading212 is an established online brokerage. The firm has over 1.5 million account holders worldwide and more than £3 billion in client assets. 10,000 global stocks and ETFs are available via the broker’s mobile investing app. Read on for the details. Invest Trading212 was among the first brokers to offer commission-free investing. Clients can choose […]
Nexo Launches Pro Crypto Platform & ETH PromoThe popular digital asset broker has gone live with its advanced crypto exchange – Nexo Pro. Users can access leveraged trading opportunities and crypto futures while fees have been halved until the end of November. We break down the details below. Separately, Nexo is running an ETH promotion which will see one winner take home […]
Robinhood Axes Almost A Quarter Of StaffUS-headquartered trading broker, Robinhood, is reducing its headcount by nearly a quarter in the face of an uncertain economic landscape and falling revenues. This follows the 9 percent cut it made to its workforce in April. Reduced Trading Activity Robinhood was one of many trading platforms that did well in 2020 and 2021. Its commission-free […]
CMC Markets Launches Forex Active With A 25% Spread DiscountCMC Markets has upgraded its trading conditions with its new Forex Active account. Clients can trade on pure price action across 330 pairs with zero-pip spreads on six majors. Let’s find out how it works… Forex Active Forex Active offers transparent pricing. Clients benefit from fixed, low commissions at $2.50 per $100,000. Zero-pip spreads are […]
Cryptocurrency Investing Is Coming To M1 FinanceUS-based robo-advisor, M1 Finance, is introducing crypto investing accounts. Clients will be able to speculate on 10 popular tokens, including Bitcoin (BTC) and Ethereum (ETH). Users will be able to build custom portfolios, known as Pies, or choose from expertly curated portfolios centred around thematic strategies, such as Web 3.0 and DeFi. M1 Crypto In […]
Coinbase Closes US Affiliate Program Amid Liquidity ConcernsCoinbase recently shut down its affiliate marketing program in the United States. Partners are now unable to receive commissions for driving traffic to the well-known cryptocurrency exchange. And while in isolation this might not sound too serious, in the context of wider challenges that the company is facing, it could suggest Coinbase is encountering severe […]
FXOpen Cuts Forex Spreads By 40%FXOpen has enhanced its ECN trading capabilities to reduce spreads on its selection of forex assets. As a result, the popular FX and CFD broker is now offering some of the lowest trading costs in the industry. Tight Spreads The reduction in fees is particularly good news for active traders employing scalping strategies and high-frequency […]
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