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Orbex to Exhibit at the Fintech & Crypto Summit Bahrain, as Diamond Sponsor

Posted on January 30, 2023May 5, 2023 by Adam Smith

Orbex – a global multi-regulated financial services broker- has made an important announcement regarding its participation at the upcoming Fintech & Crypto Summit in Bahrain as a Diamond sponsor. In its turn, this is a perfect opportunity for Orbex to showcase its trading services and partnership opportunities at the largest fintech and cryptocurrency event in Bahrain. The location of the summit is the Crown Plaza Bahrain Hotel. On February 15 and 16, 2023, potential business partners and merchants are given a chance to speak with the Orbex team at booth 7.

The Fintech & Crypto Summit will enable the attendees to network, explore the most recent industry trends, and hear from the biggest names in the fintech and cryptocurrency space. One of the main dedications of the summit is promoting Bahrain as a key hub for the Middle Eastern fintech and cryptocurrency industry. Tens of thousands of traders and top industry figures are anticipated to attend, and the event will feature a variety of presentations and panel discussions that will allow guests to learn about the newest fintech products and developments.

Orbex’s delegation will represent different functions of the company, such as marketing, partnerships, and business development. Also, the team will give the expo visitors an opportunity to have one-on-one meetings and discuss trading, business, affiliation, and IB opportunities. Orbex’s renowned Research Team will also travel to Bahrain to attend the summit and present their insights on the global markets and online trading during various talks and panel discussions.

Orbex Chairman Abdallah Abbas commented on Orbex’s Diamond sponsorship of this year’s Bahrain Fintech & Crypto Summit emphasizing how proud the company is to exhibit at the largest fintech and cryptocurrency summit in Bahrain – a country representing the company’s stronghold. He also added that in recent years, Bahrain has fast-tracked its way to becoming a leading fintech and cryptocurrency hub in the Middle East, and the 2023 Fintech & Crypto Summit provides the perfect chance for Orbex to showcase the latest trading innovations and partnership opportunities.

About Orbex

Orbex is a leading global investment services firm offering award-winning forex and CFD trading services at some of the most competitive conditions. Since its inception in 2011, Orbex has committed to providing access to first-in-class trading and investing solutions that are backed by leading education, expert research tools, and the ongoing support needed to assist clients in navigating the global financial markets.

Orbex Awarded Best Forex Broker 2020

Posted on July 22, 2020May 5, 2023 by bar

International financial services provider Orbex has been awarded “Best Forex Broker 2020” by the prestigious Global Banking & Finance Review Magazine, taking home the trophy for both the European and MENA regions.

The award comes as part of the magazine’s ongoing mission to recognize the industry’s finest and provide participants of the financial sector with up-to-date industry news, information and insights.

“To receive this award from such a renowned institution within the financial community, widely respected for its objective and insightful reporting, is an honor we greatly appreciate. It not only validates our efforts as a broker, but synchronizes perfectly with our main mission, which is to educate and serve our traders responsibly” said Managing Director, Mohammed Yaghi.

This is the second consecutive “Best Forex Broker” award Orbex has received in the last 2 years, taking home the same title at the Global Business Outlook financial award ceremony in 2019.

The company has been working hard to achieve its awards and has undergone a significant revamp of its services, offering highly competitive trading conditions including spreads as low as zero.

In addition to that, the broker recently obtained a new license from FSC Mauritius, significantly increasing the available leverage for clients whose locations allow for them to trade with the Mauritius-regulated entity.

“2020 has been a tough year for humanity, and it’s no secret that the financial markets have endured great hardships as a result. Our top priority this year has been to support our clients during this time of great uncertainty and volatility. To receive this honor is proof that through thick and thin, we will rise above and grow together as a community” Yaghi added.

This award has been added to the impressive list of titles Orbex has obtained over the years, including “Best Trading Education Provider”, “Best Analysis Provider” and “Best FX Forecast & Strategy Provider”, in keeping with the company’s philosophy of promoting an informed and responsible approach to the forex markets.

In fact, Orbex Limited is an award-winning global forex broker, fully licensed and regulated by CySEC. Headquartered in Limassol, Cyprus, Orbex specializes in the provision of access to the world’s largest and most liquid financial markets. Orbex Global Limited is fully licensed and regulated by FSC Mauritius and headquartered in Ebene, Mauritius. You may read full Orbex Review by the link and get to know about their offering in a detail.

Orbex Awarded “Most Transparent Forex Broker, 2023”

Posted on February 22, 2023May 5, 2023 by Adam Smith

We are excited to announce that Orbex has received the "Most Transparent Forex Broker, 2023" award at the Fintech & Crypto Summit in Bahrain. This recognition highlights the company's dedication to compliance, regulation, and transparency, which are essential qualities in the financial services industry.

The Fintech & Crypto Summit Awards acknowledges the achievements of well-known companies in the financial services and cryptocurrency sectors. The award ceremony was held at the Crown Plaza Bahrain Hotel on February 16, 2023, following the conclusion of this year's summit. Orbex, an important exhibitor and Diamond sponsor at the event, showcased its latest trading services and business prospects at booth 7.

Based on information provided on their website, Orbex adheres to stringent regulatory guidelines and implements complete transparency to offer traders a secure and risk-free trading environment. Since it was founded in 2011, Orbex has dedicated itself to providing traders with an outstanding trading experience via a regulated trading environment. Mohammed Al-Mariri, the Head of Training and Market Strategy at Orbex, received the "Most Transparent Forex Broker, 2023" award in person and shared his thoughts on the achievement:

"We are delighted to receive this award, which recognizes our unwavering commitment to transparency and regulatory compliance. At Orbex, we uphold the highest regulatory standards in every jurisdiction where we operate, without compromising our clients' experience, and striving to set the benchmark for excellent service."

This latest award adds to a list of honors that Orbex received in 2022, including "Best FX Educational Broker MENA 2022" and "Best FX Research & Education Provider 2022".

About

Orbex is a leading global investment services firm that provides top-rated forex and CFD trading services at highly competitive rates. Since its establishment in 2011, Orbex has been dedicated to offering its clients access to top-notch trading and investment solutions supported by quality education, expert research tools, and ongoing assistance to navigate the world's financial markets.

Tickmill Sponsors the NOK Triathlon Team at the IRONMAN Austria

Posted on August 5, 2019May 5, 2023 by bar

Global provider of FX and CFD brokerage services Tickmill has announced that it has sponsored the Kyrenia Triathlon Team at the IRONMAN Austria, one of the most exciting races in the world.

Known to be one of the greatest challenges of endurance that Triathlon has to offer, IRONMAN Austria took place on 7th July 2019 attracting roughly 3,000 athletes from all over the world. The NOK triathletes embarked on a 3.8 km swim course in the charming Wörthersee lake, rode through the amazing landscapes of Carinthia on a 180 km course and finished the race with a 42.2 km run while thousands of spectators were lining the streets and hot spots to cheer on the athletes during the event.

"Sharing the same core values and vision, that is integrity, perseverance and pursuit of excellence, both Tickmill and the NOK Triathlon team aim to constantly challenge the limits of possibility and reach higher levels of performance. We are delighted and deeply honoured to be contributing our part to the success of the NOK triathletes and we will continue to empower them to fulfill their full potential and realise their aspirations in every possible way."

Tickmill as a new company has grown rapidly throughout only a few years so that the broker has been recognized by industry publications. The broker authorized and regulated by two major UK Financial Conduct Authority and by the Financial Services Authority of Seychelles. You can read our full Tickmill review here.

Spain’s CNMV warned against offshore forex broker Banc De Monarch

Posted on September 3, 2018May 5, 2023 by bar

Spain's financial markets regulator, CNMV, has warned of Forex broker Banc De Monarch. According to the official notice on CNMV’s website, this entity is not registered in the corresponding registry of the commission and, therefore, are not authorized to provide investment services. The National Securities Market Commission (often abbreviated as CNMV) is the Spanish government agency responsible for the financial regulation of the securities markets in Spain. It is an independent agency that falls under the Ministry of Economy, Industry and Competitiveness. Banc De Monarch is an offshore Forex and CFD broker that operates on the website www.bancdm.io. The company is owned and operated by the Takeda Partners LTD., based in the Marshall Islands. Offshore zones are famous for their loose legal regimes, tax free and low-cost licenses. They are basically not licensed, nor supervised by any authority. Judging by the language options, the broker is mainly targeting Spanish-, Italian-, German-, Russian- and Arabic-speaking clients. Also, the address and contact phone number on the website is form the UK, although the company is not regulated to provide its financial services in the UK or any other country, which is already a valid reason to avoid trading with Banc De Monarch. In addition, there more than enough negative reviews about this broker in the net. People state that they cannot get their money back and the company refuses to provide any kind of help. It is better to avoid dealing with offshore brokerages and choose properly regulated and reliable brokers. A good example of such are the ones supervised by the FCA or ASIC. You can read our review on this broker here.

CySEC has reached a settlement with CIF Hoch Capital Ltd.

Posted on March 28, 2019May 5, 2023 by bar

Regulator CySEC

The Cyprus Securities and Exchange Commission (CySEC) announces that it has reached a settlement with Cyprus Investment Firm Hoch Capital Ltd. This firm operates the brand iTrader. The firm has agreed to pay €200,000 related to a compliance investigation started by the regulator.

The iTrader has operated since 2012 and gained a reputation for success, leading to a stable base of worldwide users who make thousands of trades every month. The company headquarters in Cyprus, while holding internal lines of various countries for direct connection with their clients, the lines include Russia, Spain, Germany, France, UK, Italy, UAE, Norway and more. You can read our full iTrader review here.

A settlement has been reached for possible violations of The Investment Services and Activities and Regulated Markets Law. More specifically, the investigation for which the settlement was reached, involved assessing the Company’s compliance with the general principles for the performance of investment activities and the general principles and information to clients.

CySEC notes that all amounts payable from settlement agreements are considered revenue of the Treasury of the Republic and do not constitute income of CySEC.

The Cyprus Securities and Exchange Commission, better known as CySEC, is the financial regulatory agency of Cyprus. It supervises and controls the operation of the Cyprus Stock Exchange, grants operation licenses to investment firms, including investment consultants, brokerage firms, and brokers, impose administrative sanctions and disciplinary penalties. You can read the detailed article about the Cyprus Securities and Exchange Commission here.

The FCA has issued a warning against Bulgarian FX Broker Littinvest

Posted on May 8, 2018May 5, 2023 by bar

One of the latest warnings of the UK's Financial Conduct Authority was issued against Littinvest broker (https://www.littinvest.com/). This company has been targeting UK customers and offering financial products without authorization. The FCA always cautioned traders and investors against dealing with companies that have no license and are not authorized.

Littinvest is unauthorized Forex broker that was established in April 2017. It officially owned by Media Guru Group Ltd. based in Sofia, Bulgaria. The company offers trading CFDs, Currency Pairs, Bitcoin, Individual Stocks, Commodities and Market Indexes.

The FCA pointed out that the broker was flagged for providing trading options for unlicensed foreign exchange products and CFDs. Also the International Financial Services Commission of Belize has issued a warning against this broker.

The Financial Conduct Authority has been warning the public about the growing number of the unregulated companies that try to reach out UK customers. Their recent reports show that investors have lost huge amounts to fraudulent brokers.

The UK's FCA is one of the most reputable regulators, which applies tough standards and rules to the brokers registered with it. The two most important rules are the security of the funds and the finance compensation scheme. The regulator operates as an insurance company, protecting clients in case of the bankruptcy of the broker.

SFC has released consultation conclusions on amendments to the PI Rules

Posted on May 19, 2018May 4, 2023 by bar

The Hong Kong Securities and Futures Commission (SFC) today released consultation conclusions on proposed amendments to the Securities and Futures (Professional Investor) Rules (PI Rules). These amendments are meant to standardise the rules for prescribing professional investors.

The consultation paper was issued on 1st of March 2017 and was proposing the the number of amendments to the Securities and Futures (Professional Investor) Rules (PI Rules) which align to include the changes the SFC has previously granted under the Securities and Futures Ordinance (SFO).

The amendments to the PI Rules (Revised PI Rules) are allowing portfolios held in joint accounts with persons other than associates and investment corporations owned by an individuals to count towards meeting the monetary threshold to qualify as professional investors. Also the amendments are expanding the corporations as professional investors and allowing the other forms of evidence to demonstrate qualification as professional investors.

A total of 17 written submissions from market representatives were received by the SFC during the period of consultation. Most of the respondents were positive about the changes and proposals mentioned in the amendments. Although, some of the respondents suggested that the SFC should loosen the other rules and criteria. Considering all the comments, the SFC made a decision to count the proposals as appropriate for the Hong Kong market. The amended PI Rules will come into force on 13 July 2018.

Tickmill hit highest gains

Posted on November 19, 2019May 4, 2023 by John Porter

Tickmill as a relatively new player among the brokers that offers its services 2014 but already showed its significant impact on the trading industry by the number of clients and gains they report.

The rapid development of Tickmills’ trading environment recently brings the fantastic achievement of a record increase in Net Profits consolidated for 3 quarters of 2019, while the Company projecting to reach $35 million per year.

Some of the best advantages of Tickmill its agency only execution model, which makes no difference between clients, very advanced instrument range together with high technology possibilities to trade along with great pricing starting from 0 pips. Read more about STP Brokers by the link.

Tickmill hit highest gains

As Tickmill states, moving to trading volumes Tickmill reached organic growth in key markets over 13.1% comparing to last year’s results noting its strong profitability, cost optimization and overall investment in technology. What is interacting, recent developments of Tickmill boosts productivity even through low volatility of 2019 that makes Tickmill group stronger by inject of additional capital and serving as additional protection to the clients and company itself. Also, this great achievement brings additional opportunities to diversify portfolio and offering, introduce better conditions and produce even better results to the benefit of both international traders and the company as well.

Together with its competitive offering to both beginning and professional trader Tickmill may bring you some tailored solutions, so you may read full Tickmill Review by the link and get to know about their general offering in a detail. As well you may check the other UK regulated brokers for your consideration.