U.S. Court Fines ROFX $225 Million for $57 Million Fraud
Key Insights A U.S. court ordered forex trading firm ROFX and related entities to pay over $225 million for defrauding…
True Forex Funds Calls it Quits as Prop Trading Platform Folds
Key Insights True Forex Funds has permanently ceased operations due to financial insolvency. The closure comes after failed attempts to…
Australian Broker IC Markets Secures License to Operate in Kenya
Key Insights IC Markets has obtained a forex broker license in Kenya. The Australian broker can now offer online foreign…
CySEC Withdraws Forex Broker AAA Trade’s Investment Firm License
Key Insights CySEC has announced the withdrawal of the CIF license of Forex broker AAA Trade The decision follows AAA…
Axi Renews Sponsorship Deal with Brazilian Football Club Esporte Clube Bahia
Key Insights Axi has announced an extension of its sponsorship agreement with Brazilian Serie A club Esporte Clube Bahia for…
Australian Court Orders Winding Up of Forex Broker Prospero Markets
Key Insights The Federal Court of Australia has granted ASIC’s request to issue a formal wind-up order for Prospero Markets…
Global Broker eToro Seeks License from Singapore’s MAS Regulator
Key Insights eToro has applied for a license from Singapore’s financial regulator MAS as part of its international expansion The…
eToro Launches Smart Portfolio Targeting Emerging Economies
Key Insights eToro has launched the ‘Emerging Nations’ smart portfolio The portfolio features innovative firms positioned to benefit from rising…
Admirals Stops Onboarding New EU Clients as Broker Enhances Compliance
Key Insights Admirals has temporarily halted onboarding new clients in the EU through its CySEC-regulated Cyprus subsidiary The voluntary move…