Smart Trades Investment Services Ltd\'s Cyprus Investment Company License Revoked

The Cyprus Securities and Exchange Commission (CySEC) announced yesterday that it has revoked Smart Trades Investment Services Ltd\'s Cyprus Investment Company (CIF) license number 080/07. According to Article 8 (1) (a) of the 2017 Investment Services and

FCA blacklisted 22 Pips and Oxford Wise platforms

The FCA reminds investors to treat the financial businesses of blacklisted companies with caution and recommends that investors only deal with financial companies authorized by the FCA. If you want to know if the company has obtained FCA authorization, yo

CySEC\'s latest warning list: 5 illegal brokers blacklisted

Cyprus is a popular location for differential contract brokers, enabling them to operate throughout the European Economic Area. For this reason, many fraudulent companies attempt to claim that they have a CySEC license to improve their reliability in the

Crazy buying of gold! The total amount of global central bank purchases in 2022 reached a 55 year high

According to the World Gold Council, in 2022, global central bank annual gold demand reached 1136 tons, more than double the previous year\'s 450 tons, setting a new high in 55 years. In the fourth quarter of 2022 alone, global central banks purchased 417

Two major bankruptcy crypto exchange disputes resurface! FTX sues Voyager for $445.8 million in compensation

In a document submitted to the court on Monday, FTX admitted allegations that Alameda had seized FTX client assets to cover up its high-risk lending. But the company stated that Voyager and other cryptocurrency lending institutions were complicit in Alame

Institutional currency trading volume continues to decline! All platforms have experienced a decline of over 10%

The trading volume of major institutional platforms worldwide in December 2022 has been announced. The results show that the overall trading volume shows a downward trend. So, how did institutional investors and traders perform in the over-the-counter tra

The estimated total liabilities range from 1 billion to 10 billion US dollars, and the "coin circle" giant Genesis has filed for bankruptcy

On January 19th local time, cryptocurrency lending institution Genesis Global Capital officially applied for bankruptcy protection to the Federal District Court of New York in the United States. As one of the world\'s largest cryptocurrency lending instit

Dutch regulatory authorities fined Coinbase $3.3 million

Recently, Coinbase was fined $3.3 million by De Nederlandsche Bank (DNB), the Dutch central bank, for engaging in unauthorized cryptocurrency activities in the Netherlands from November 2020 to August 24, 2022 (or even longer)

Dubai Gold and Commodity Exchange released annual statistics for 2022: contract trading volume increased by 16% year-on-year

The leading Dubai Gold and Commodities Exchange (DGCX) in the Middle East has released its market statistics for the entire year 2022. Data shows that the total contract trading volume of the exchange increased by 16.00% year-on-year throughout the year.

CLS report: Currency to daily average trading volume decreased by 10% month on month in December last year, marking the third consecutive month of decline

CLS has reported a decrease in daily average trading volume for three consecutive months. Among them, the daily average trading volume in November was $1.892 trillion, a decrease of 2% compared to the previous month; In October, it was $1.928 trillion, a

Malta MFSA issues a warning against unlicensed entity FxbinaPro

The institution reminds consumers not to engage in any financial transactions with entities unless they have determined that they are authorized by MFSA or other reputable financial services regulatory agencies to provide financial services. Investors sho

In January, profit and loss data of 36 brokerage customer accounts were released! The average profit margin has decreased to 26.01%

Blackwell Global ranks first with a customer account profit margin of up to 56.67%. FXOpen followed closely, with an account profit margin of 40%. The top 5 brokers in terms of account profitability are ThinkMarkets (39.7%), Darwinex (37%), and City Credi

Financial Commission Report: The total claims faced by global brokers decreased by 17% in 2022

The Currency to Trading Industry External Dispute Resolution (EDR) institution, the Financial Committee (FinaCom), has released its 2022 annual complaint data report, which shows that global brokers faced a total of $12.4 million in claims from traders th

French regulatory agencies launch action plans and regulatory themes for 2023

The priority areas for regulatory action include promoting retail investor centered finance, actively collaborating with the European Securities and Markets Authority (ESMA) on "regulatory integration", developing regulatory frameworks to promot

Saint Vincent FSA launches new policies to increase efforts to combat foreign exchange fraud

The Saint Vincent and the Grenadines Financial Services Authority (SVG) has recently requested that existing foreign exchange brokers registered in the island country present certified copies of the necessary permits from the jurisdiction or authority in