The foreign exchange market, also known as the Forex market or the FX market, is also one of the global markets that witnesses a trading volume of almost $6.6 trillion every day. Foreign exchange refers to exchanging one currency trading with another for different reasons that include tourism, inter

With the investment scams emerging in an endless stream, investors are having difficulties figuring out legal brokers since brokers that appear to be legitimate may be scams! Therefore, check the broker's license before investing, and do not deal with brokers who are not authorized by the financial

Vanuatu-regulated brokers will need a local office and staff.The new rules will be effective from October 16. Vanuatu, once a favorite jurisdiction for offshore brokers, is mandating brokers to establish a physical presence in the country with a new office, along with the appointment of a local mana

The investment bank seeks to expand its footprint in the forex landscape.Eurex recorded its highest daily FX trading volume in June 2022. Morgan Stanley, a major US multinational investment bank, announced on Friday that it is starting to offer clients the option to trade listed forex via the Eurex

At least seven investors lost £263,000.The Official Receiver of the Public Interest Unit has been appointed as the liquidator. The United Kingdom announced on Monday that the High Court of Justice, Business and Property Courts in England and Wales has shut down online broker Scothop Limited, popular

The net trading income skyrocketed from €9.1 million to €32 million.Admirals described its H1 performance as 'exceptional'. Estonia-based Admiral Markets AS, which operates as Admirals, recorded a 255% increase in its net trading income in the first half (H1) of 2022. The income skyrockete

The top three executives of the broker previously worked at ADSS.The broker is licensed in the UAE. Abu Dhabi-headquartered Traders’ Hub, a retail forex and contracts for differences (CFDs) broker, announced the launch of its services in the United Arab Emirates (UAE). The platform i

Admirals, a global financial technology company, says it has been licensed to provide contracts for difference (CFD) execution and share trading options in South Africa. As a result, the fintech firm said it has added Admirals SA (PTY) Limited, an execution dealer company, to the Admirals Groups AS.

West Realm Shires Incorporated, the owner of FTX US, has announced its ongoing acquisition of Embed Financial Technologies, the parent company of clearing firm Embed Clearing LLC. The firm disclosed this on Tuesday in a press statement. However, the company did not disclose the price of the acquisit

The Australian Securities and Investments Commission (ASIC) announced on Thursday that over-the-counter (OTC) derivatives provider Sirius Financial Markets Pty Ltd, which operates under the brand Trade360, has surrendered its Australian Financial Services license. The company is now winding down its

Blackwell Global Investments (UK) Limited, an online trading provider, published its financials for the year ended in March 2022, reporting a revenue slump and deepening losses. According to the Companies House filing, the UK unit generated £454,308 as annual turnover for the period from offering re

The U.S. Securities and Exchange Commission (SEC) on Friday updated its list of unregistered soliciting entities, or PAUSE list, to alert the public. The regulators said the entities on the list falsely claimed to be registered, licensed, and/or located in the U.S. to solicit investors. There

The penalty is the highest in history for breaching the Market Integrity Rule.Companies used 121,000 occasions to overcharge their clients. The Australian Securities and Exchange Commission (ASIC) informed on Wednesday that the Federal Court had fined Australian Investment Exchange Limited (AUSIEX)

The Cyprus Securities and Exchange Commission (CySEC) today alerted investors of several unregulated brokers. The regulator added seven unauthorized websites to its warning list which do not belong to entities authorised by CySEC to provide investment services. The six websites include: octatradings

A Q&A Weekly Review keeps traders informed of the latest regulatory status and trading details of brokers mentioned by our users in a given week. Here, BrokersView gives a summing up of "Q&A" this week - from 5 Sep, 2022 to 9 Sep, 2022, listing the asked brokers by categorizing the