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Year: 2021

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CFTC stands by entry of default against FX Ponzi scheme 1st Million

A couple of months after the United States Commodity Futures Trading Commission (CFTC) managed to secure entries of default against Forex Ponzi scheme 1st Million…

Russian authorities find law violations in eToro ad on Google

Russia’s Federal Antimonopoly Service (FAS) has detected several violations of the Russian advertising laws in an eToro ad disseminated via Google AdWords. The FAS investigation…

Playtech gets competing $250 million offer for Finalto/Markets.com

This is now getting interesting. A firm calling itself Gopher Investments has made a $250 million competing offer to buy the Financials division of Playtech…

Founders of crypto firm Dropil agree to plead guilty to fraud

Jeremy David McAlpine, 25, of Fountain Valley, and Zachary Michael Matar, 28, of Huntington Beach, founders of cryptocurrency firm Dropil, were charged on Friday with…

FX week in review: CEO moves at Admirals and Equiti, MillTechFX launches, institutional crypto

What longtime co-CEO left Admirals? What internal management shuffle led to new CEOs for Equiti Capital and Equiti Seychelles? Which leading London VC figure is…

Institutional FX trading ends strong 1H-2021 up 3% in June

Trading volumes at leading institutional eFX venues finished off the first half of 2021 with a bang in June, continuing a fairly strong trend in…

Investments account for 6% of complaints received by AFCA in 2020-21

Australians in dispute with banks, insurers, super funds, investment firms and financial advisers lodged more than 70,000 complaints with the Australian Financial Complaints Authority (AFCA)…

eToro reverts minimum copy amount to $200

Retail FX broker eToro is improving the trading conditions on its CopyTrader platform. A few months ago, the minimum Copy amount was increased to $500.…

Rakuten HK resumes accepting new open positions in TRY/JPY

Online trading company Rakuten Securities Hong Kong Ltd has resumed accepting new open positions in TRY/JPY on Rakuten FX again from 28th June, 2021 (Market…

Robinhood IPO filed: 17.7M active users, $81B client assets, 50% first-time investors

Online brokerage firm Robinhood unveiled its “S-1” IPO filing after clearing comments with the US SEC on its first confidential filing made back in March,…

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