GO Markets Obtains UAE Broker License

Melborne-based broker GO Markets has expanded in the MENA region and secured a broker license from the UAE Securities & Commodities Authority (SCA), Finance Magnates has learned. The license was awarded to the company’s UAE subsidiary, GO Markets MENA DMCC, according to market sources. The Most Diverse Audience to Date at FMLS […]

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AvaTrade Makes Risk-Free AvaProtect Tool Available on WebTrade

AvaTrader, a contracts for difference (CFD) broker, has made its risk management tool AvaProtect available for its desktop trading application AvaTrade WebTrade, Finance Magnates can reveal exclusively this Thursday. AvaProtect is a risk management tool that requires only one click. The aim of the solution is to protect users’ traders […]

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As Gold Hits 9-Year High, Bitcoin Eyes Price Breakout

Bitcoin is looking to leap key resistance alongside a strong rally in gold.  The top cryptocurrency by market value is trading around $9,300 at press time, according to CoinDesk’s Bitcoin Price Index. That’s close to the resistance of a trendline connecting June 1 and June 22 highs. A sustained move past […]

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TradeON Summit Marks 1,000 Traders, And Counting!

Summer may be officially here but markets are showing no signs of slowing down this July. Over 1,000 traders have already signed up to attend the largest online trading event of the year on July 28. As the financial and economic rollercoaster shows no signs of stopping, retail traders are […]

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Nearly $60M in Bitcoin Moved to Ethereum in June

Nearly $60 million worth of bitcoins moved to Ethereum during June, according to data estimates from Dune Analytics. Wrapped Bitcoin, the oldest tokenized bitcoin protocol on Ethereum, is responsible for roughly 75% of that growth after moving more than 4,800 BTC to Ethereum last month.  Demand has increased for using […]

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Interactive Brokers Forms New Singapore Entity

Interactive Brokers Group, a global online brokerage, has opened a new Singapore office by setting up a local entity – Interactive Brokers Singapore. Announced on Wednesday, this will enable the broker to offer Singapore-listed stocks to its local client as well as add them to its offerings of 135 markets […]

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