Broker News
IG Group Finalises £300M Debt Refinancing ExerciseThe FTSE 250-listed brokerage has completed a debt refinancing exercise to support its long-term funding structure. The IG Group issued £300 million in senior notes bonds, rated BBB by Fitch Ratings, that will be due in 2028. The move will enable the company to continue its global expansion, following the acquisition of tastytrade earlier this […]
Prospective OANDA Clients To Open Demo Accounts Via Messaging AppsWith clients increasingly looking for a slick user experience, OANDA has partnered with CONVRS to allow customer onboarding through leading messaging platforms. Prospective traders will be able to open demo accounts directly from their mobile devices through the likes of WhatsApp. New Onboarding Solutions OANDA’s integration with CONVRS, a tailored customer engagement platform, will make […]
Axi Goes Live With New Copy Trading PlatformThe ASIC and FCA-regulated broker recently announced the launch of its copy trading platform. Available to Axi customers via a downloadable platform or mobile app, the software lets users mirror the strategies of successful investors. Read on for the latest details. Copy Trading Platform Developed in conjunction with Pelican Trading, the new platform offers access to […]
Robinhood Suffers Security Breach Compromising Customer DataOn November 3rd, 2021, Robinhood suffered a serious security incident that saw a third-party gain access to the personal data of customers. Whilst an investigation is underway and the relevant authorities are involved, the breach is the latest in a series of events that have done little for the broker’s reputation. Seven Million Customers Affected […]
Tiger Brokers Obtains Securities Trading License In SingaporeTiger Brokers has been admitted as a Trading Member of Singapore Exchange Securities Trading Limited (SGX-DT) and Singapore Exchange Derivatives Trading Limited (SGX-DT). Through the move, the company has also been made a Clearing Member of The Central Depository Limited (CDP) from Singapore Exchange Ltd (SGX). License Acquisition Tiger Brokers secured a Type 1 and […]
Dukascopy Improves Overnight Swaps & Launches 10 New Crypto CFDsThe Swiss forex and derivatives broker Dukascopy has rolled out two enhancements to its trading experience, with more competitive overnight swap charges on DeFi assets and ten new cryptocurrency instruments. The new tokens will bring the total number to 19 and will be available to European and global clients through both Dukascopy Bank and Dukascopy […]
OKEx Launches Portfolio Margin Mode For High-Performance ClientsPopular crypto exchange OKEx has introduced a new enhancement to its trading services that hopes to provide a better, more capital efficient derivatives experience, called the portfolio margin mode. This system is the broker’s fourth account mode and is available to high-volume professional and API traders. Portfolio Margin Mode The cryptocurrency exchange and broker OKEx, […]
Robinhood Class Action Lawsuit Seeking Certification After 2020 OutagesPopular American discount broker Robinhood might face a class action lawsuit formed by millions of its clients. A group of the firm’s traders have approached US courts seeking intervention to drive the broker to restructure its organisation and operational procedures. “Plaintiffs Present Losses Well Into The Tens Of Millions” A group consisting of nearly 7 […]
Axiory Global Rolls Out 75+ New EU Stock CFDsAmidst growing interest in stock CFDs, Axiory Global has introduced a string of major brands to its asset collection. This follows the introduction of share CFD trading in 2020. The new products offer exposure to the likes of Rolls-Royce, Adidas, Nokia, Ferrari and more. Find out how to get started today. Axiory Introduces New Assets […]
FP Markets Introduces Share CFD DirectoryFP Markets has launched a share CFD directory. The online guide displays useful information to help clients make informed trading decisions. The directory contains a dedicated page for each of the 800+ share CFDs available on the broker’s MetaTrader 4 and MetaTrader 5 platforms. Read on for the latest details. How The Share CFD Directory […]
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