The Board of the Cyprus Securities Exchange Commission has announced that it started the initiation of the compensation payment process by the Investor Compensation Fund for Clients of IFs (I.C.F), clients of PFX Financial Professionals Ltd. The company operates the brands FXFINPRO Capital and FINPROINVEST. As we have previously posted, that in October 2018 has...

UK-headquartered global financial technology company TigerWit has announced that it has been accredited with a Financial Services licence from Hong Kong’s Securities and Futures Commission. Hong Kong is a major global financial hub and receiving this licence represents an important development for TigerWit, as the firm sees continued expansion and growth for its trading services...

ASIC-regulated global CFD and forex broker FP Markets has added Autochartist to its wide range of trading tools.   Autochartist is an online technical analysis tool which scans the market to provide detailed breakdowns across a wide range of Forex and CFD instruments. This tool helps to easily  understand the real time trading opportunities.  Once the...

Fintech company ATFX announced that it has launched a new face recognition technology for customers to open trading accounts. It is reported that this new service is to ensure that it can provide customers with security. This face recognition technology will verify customer identity when opening an account online. It is currently tested in the...

The Securities and Futures Commission (SFC) has reprimanded and fined FIL Investment Management (Hong Kong) Limited (FIMHK) HK$3.5 million for regulatory breaches including unlicensed dealing in futures contracts, delay in reporting the breach to the SFC as well as submitting incorrect information during an application. The regulator found that between August 2007 and July 2018,...

European investment company RoboMarkets, which provides financial services to customers in many EU countries, announced the launch of a mobile version of the web platform for trading R Trader. The company released a mobile modification of the terminal against the backdrop of the great demand for it from our customers. According to the supplier, the...

Italy’s financial markets and services provider regulator CONSOB has updated its warning list with the brokers who are not licensed to operate in Italy. WeltTrades and Capital Allianze happened to get into the list. These firms have been offering investment services and activities to the Italian public without being authorized in the country. Commissione Nazionale...

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market has taken regulatory action against and imposed fines of $320,000 on AT Capital Markets Limited (ATCM) and $40,000 on its Senior Executive Officer (SEO), Mr Ryan Tsui. The regulator has taken an investigation of the ATCM’s activities. The FSRA found that ATCM had operated...

A global leader in online multi-asset trading services and currency data and analytics, OANDA Global Corporation has further strengthened its client offering with the appointment of Greg Niebank as Head of Product. Niebank will be based in London, and will be responsible for introducing additional trading instruments, client-focused partnerships and platform enhancements.  Niebank has spent...

GCEX, a provider of digital technology solutions in crypto-assets and multi-segment currencies, joined Matrix NETwork from Gold-i. GCEX (GC Exchange Limited) was established in 2018 as a part of the GC Group. There was a demand for regulated and compliant exposure to the Cryptoasset market. GCEX is an FCA-regulated and authorized provider of the funds,...