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Latest News

CMC Markets Reports Revenue Boost Above Consensus

July 3rd, 2020|

In its latest trading update, UK registered broker CMC markets has indicated that their revenue performance has significantly improved for the first quarter of FY 2021. The broker indicated that client trading activity remained elevated at a level roughly twice [...]

ActivTrades Shows Record Revenues in H1 2020

July 1st, 2020|

London-based online broker ActivTrades announced that the company's financial results for the first half of the year will be higher than expected due to growing trading volumes and the number of customers. The company's revenue for the first half of [...]

ESMA Restrictions Impacted FXPro Revenue in 2019

June 29th, 2020|

The UK registered arm of international FX broker FXPro has reported disappointing financial results for FY2019, according to Finance Magnates. The broker indicated that they experienced a decline of 59% in revenue, which resulted in a loss of £221,724. In [...]

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Commission News

Scam ALERT: PROFXEXCHANGE, Bitfxtrades, Stock Trading Capital LTD, MottoFX, Royal Funds (White Rock Partners LTD), Digitalprofit247, and FXTRADES ONLINE Added to Warning List

June 26th, 2020|

The Financial Commission has been notified by concerned traders regarding the companies and associated websites of PROFXEXCHANGE, Bitfxtrades, Stock Trading Capital LTD, Royal Funds (White Rock Partners LTD), Digitalprofit247, MottoFX, and FXTRADES ONLINE. Upon reviewing the submitted information from potential [...]

Financial Commission Announces Execution Quality Certification of 4xCube

June 22nd, 2020|

June 22, 2020, The Financial Commission today announces execution certification for 4xCube, an approved member of the Commission using Verify My Trade, a “value-added” service launched several years ago to promote pricing and execution transparency in the Forex market. Verified [...]

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Regulatory Actions

Italy’s CONSOB Blacklists More Firms

June 17th, 2020|

The Italian financial regulator, CONSOB continues to pursue firms that solicit Italian residents without proper authorization, including blocking the website of such firms on the territory of the country using Internet Service Providers (ISPs). The regular announced on Monday that [...]

Australia’s Financial Complaints Authority Expels 680 Firms

June 16th, 2020|

Since Australia’s government launched a dedicated dispute resolution body for financial services in the country in 2018 the Australian Financial Complaints Authority (AFCA) has handled complaints filed by Australian residents against financial firms authorized by the Australian Securities and Investments [...]

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