Broker News
eToro Restores EU, UK Outbound Payments After Brief Halt
FinanceFeeds reports that eToro temporarily halted outbound payments from its eToro Money service in the EU, UK, and Australia for over five hours before restoring them, without disclosing the cause of the disruption.
FINRA Arbitration Award: TradeStation Securities vs. Mohsen Ravanbakhsh
FINRA reports a legal case from August 2026, where TradeStation Securities Inc. is listed as a claimant in a dispute against Mohsen Ravanbakhsh, with an award document available.
STARTRADER Eyes Unified Trustpilot Reviews Amid Global Growth
STARTRADER is reportedly in discussions with Trustpilot to merge its various review profiles into a single listing, a move aimed at offering clients a more unified view of customer feedback across different regions as the company has expanded globally.
PU Prime Launches 24/7 Gold Trading on MT5
PU Prime has introduced XAUUSD247, a new gold trading product available 24/7 on MT5, in response to client demand for flexible access to the actively traded safe-haven asset, as reported by FinanceWire.
Appeals Court Upholds SBF's 25-Year Sentence and $11B Forfeiture
An appeals court has upheld Sam Bankman-Fried's conviction and 25-year prison sentence, along with an $11 billion forfeiture order, as reported by the source.
Coinbase Expands to UK with Access to 4,000 US Stocks
Coinbase is reportedly introducing access to nearly 4,000 U.S. stocks for eligible users in the United Kingdom, diversifying its offerings beyond cryptocurrencies to include traditional equities.
XM Launches Seven-Day Gold CFD Trading
Finance Magnates reports that XM has introduced GOLD24-7, a new gold trading instrument allowing clients to trade the metal seven days a week, joining other retail brokers in expanding weekend gold CFD trading offerings.
Lithuania's Cross-Border Client Surge Linked to Revolut
Finance Magnates reports that Lithuania's cross-border retail client base surged from 500 to 2.5 million in two years, attributing this dramatic growth to Revolut, despite ESMA not officially naming the firm.
RaiseFX Launches Redesigned Website to Enhance Client Experience
RaiseFX has introduced a completely redesigned website, developed internally, as part of its ongoing strategy to enhance its in-house technology and streamline the client experience.
Elev8 Secures Seychelles Licence to Bolster Global Reach
FinanceMagnates.com reports that global broker Elev8 has obtained a Securities Dealer Licence (SDL) from the Seychelles Financial Services Authority (FSA), reinforcing its regulatory framework and global expansion strategy.
Lithuania Faces Surge in Retail Investment Clients Amidst Unnamed Firm's Growth
FinanceMagnates reports on an unnamed firm in Lithuania that dramatically increased the country's cross-border retail investment clients from 500 to over 2.5 million between 2022 and 2024, raising concerns from the Bank of Lithuania and ESMA due to a surge in complaints.
Brex Capital Launches, Inheriting QRS Global's Controversial Past
Finance Magnates reports that controversial Thai CFD broker QRS Global has been acquired by an international investment group, rebranded as Brex Capital, and appointed Sophie Squillacioti as CEO, while maintaining the same infrastructure and services despite its prior involvement in an alleged forex trading scandal.
Pepperstone Appoints Ex-Block/Square Exec Caitlin Walsh
FX News Group reports that Pepperstone has appointed Caitlin Walsh, previously with Block/Square, as its new Head of Corporate Affairs.
Leverate Exits Belarus Forex Market Amidst Regulatory Scrutiny
FinanceMagnates reports that Leverate Capital Markets has withdrawn from Belarus's ARFIN association, indicating an exit from the country's forex market, although the National Bank of Belarus still lists its license as active.
eToro Partners with F1 Driver Pierre Gasly
eToro is reportedly broadening its Formula One involvement by partnering with Pierre Gasly, building on its existing collaboration with the BWT Alpine Formula One Team.
eToro Partners with F1 Driver Pierre Gasly
Finance Magnates reports that eToro, a trading and investment platform, has announced a new collaboration with Formula One driver Pierre Gasly, building on its existing partnership with the BWT Alpine Formula One Team to engage with fans and users.
ActivTrades Offers Up to 3.3% Interest on Uninvested USD Balances
ActivTrades, a Forex and CFD broker, has launched a new product allowing clients to earn up to 3.3% annual interest on uninvested US dollar balances in their trading accounts.
ActivTrades July 2026: Microsoft Surges, Tesla Tumbles
FX News Group reports on the most actively traded US stocks by ActivTrades clients in July 2026, highlighting significant movements in Microsoft, Micron, and Tesla shares.
GigaTrade Launches Multi-Asset Platform Post-PDT Rule Change
GigaTrade Brokerage has introduced a new multi-asset trading platform designed for active self-directed traders, capitalizing on the recent removal of the Pattern Day Trader rule's $25,000 minimum equity requirement.
XTB Expands Crypto Offering with Spot Trading Launch in Chile
XTB has introduced spot cryptocurrency trading with 46 assets in Chile, making it the first non-European market to receive this offering, following the debut of its AI-powered analytical chat in the same country.
VT Markets Launches 24/7 Gold CFD Trading
VT Markets reportedly launched a new 24/7 gold CFD product, XAUUSD247, which features a one-ounce contract size for MetaTrader 5 and its proprietary app, joining other brokers in offering weekend gold exposure.
Capital.com Appoints Mamoon Sbeith as Chief Strategy Officer
Capital.com, a multi-asset broker, has appointed Mamoon Sbeith, a government relations specialist with experience at the World Bank and APCO, as its new Chief Strategy Officer, aiming to leverage his expertise for expansion into new markets, particularly in the Middle East and North Africa.
FINRA Arbitration Award: Seltzer v. J.P. Morgan Securities
FINRA reports an arbitration case, ID 25-02217, involving a claim by Scott Seltzer against J.P. Morgan Securities, LLC, with an award document dated August 3, 2026.
eToro and Papaya Global Link Worker Pay to Investments
eToro has partnered with Papaya Global to introduce a new service allowing users to link their earnings directly to investment opportunities, aiming to facilitate wealth building.
eToro Launches Payroll Investing Service with Papaya Global Partnership
Finance Magnates reports that eToro, following a recent brand refresh, has partnered with Papaya Global to introduce a new payroll-linked investing service, eToro Work, enabling employees to invest directly from their salaries.
UBS Hit With $125M FinCEN Fine for AML Failures
Finance Magnates reports that UBS Financial Services has been penalized $125 million by FinCEN for Bank Secrecy Act violations related to anti-money laundering failures concerning foreign-currency wire monitoring, as part of a multi-regulator case.
Robinhood Secures FCA Registration for UK Crypto Services
FinanceFeeds reports that Robinhood has secured registration with the Financial Conduct Authority (FCA) to offer cryptocurrency services in the United Kingdom, establishing an early regulatory presence before the introduction of a more extensive digital asset framework.
Moneta Markets Secures UAE CMA License for Middle East Expansion
Finance Magnates reports that Moneta Markets' UAE entity, Moneta Global Financial Services LLC, has secured a Category 5 license from the UAE Capital Market Authority, enabling the broker to expand its regulated presence in the Middle East.
Plus500 Adds CME Single-Stock Futures for US Clients
FinanceFeeds reports that Plus500 has expanded its US offerings by adding CME Group-listed Single Stock Futures, allowing clients to trade exchange-traded exposure to major US companies beyond its traditional CFD business.
CFTC Fines UBS $8 Million for AML AML Failures
Finextra reports that the CFTC has imposed an $8 million fine on UBS Financial Services Inc. for failing to properly oversee its anti-money laundering transaction monitoring systems for foreign currency wire transfers.
FINRA Fines UBS Financial $20M for AML Rule Breaches
FX News Group reports that FINRA has imposed a $20 million fine on UBS Financial Services Inc. due to violations of anti-money laundering regulations.
Robinhood Secures UK FCA Approval for Crypto Launch
Finextra.com reports that Robinhood has received approval from the Financial Conduct Authority, enabling the company to launch its cryptocurrency services in the United Kingdom.
Robinhood UK Secures FCA Registration for Crypto Operations
Robinhood UK has been added to the FCA's list of registered cryptoasset firms, indicating a positive development for the company in the UK market.
Robinhood Secures UK Crypto License, But Faces Stiff Competition
FinanceMagnates.com reports that Robinhood has received regulatory approval from the FCA to offer crypto services in the UK, marking a significant step for the company after previous attempts to enter the market.
BBVA Buys SocGen's Stake in Altura Markets
BBVA has agreed to acquire Société Générale's 50% share in their brokerage joint venture, Altura Markets, making BBVA the sole owner, pending regulatory approval.
Plus500 Expands Offerings with CME Single Stock Futures
Finance Magnates reports that Plus500 has expanded its offerings by introducing single stock futures from CME Group to its US clients, a move that boosted its non-OTC revenue to 15% in the first half of 2026.
Plus500 Expands US Offerings with Single Stock Futures Launch
FX News Group reports that Plus500 has introduced Single Stock Futures in the United States, allowing its customers to access a broader selection of prominent US stocks via futures contracts.
HSBC Sells Egypt Retail Banking to Emirates NBD
FX News Group reports that HSBC will sell its Egyptian retail banking operations to Emirates NBD, following an agreement between HSBC Bank Egypt S.A.E. and Emirates NBD Egypt (S.A.E).
FINRA Arbitration Award Issued Against Fidelity Brokerage Services
FINRA reports on an arbitration award in a case where Xavier Cortada was the claimant and Fidelity Brokerage Services LLC was the respondent.
Robinhood CEO: AI Agents Poised to Revolutionize Crypto
The Motley Fool reports that Robinhood CEO Vlad Tenev believes AI agents have the potential to transform the cryptocurrency market, with implications for investors.
IG Group to Acquire Underdog for $1.3 Billion
Finance Magnates reports that IG Group is set to acquire US prediction markets and fantasy sports operator Underdog for up to $1.3 billion, as part of its long-term growth strategy.
IG Group Q2 2026 Earnings Call Presentation Insights
Seeking Alpha reports on IG Group Holdings plc's Q2 2026 earnings call presentation, indicating the company's financial results.
Interactive Brokers' Strong Earnings & AI Reshape Investment Appeal
Simply Wall St reports on how stronger earnings, dividends, and AI integration at Interactive Brokers Group have positively altered its investment narrative.
Brokers Expand Prediction Market Reach Amid CFTC Scrutiny
Finance Magnates reports that brokers are increasing their involvement in prediction markets, highlighted by IG Group's acquisition of Underdog and other companies like Plus500, tastytrade, Robinhood, and moomoo launching similar offerings, amidst ongoing regulatory debates.
Interactive Brokers exchanges 2.5M shares for IBG LLC interests
MarketScreener.com reports that Interactive Brokers plans to exchange 2.5 million shares for interests in IBG LLC.
eToro Eliminates Stocks & Shares ISA Fees, Enhances Cash ISA
eToro has reportedly eliminated fees for its Stocks & Shares ISA and enhanced its Cash ISA offerings.
Bernstein: Robinhood crypto growth offers 78% upside
Bernstein analysts predict a 78% upside for Robinhood, citing the expansion of its crypto business through tokenization and prediction markets, as reported by The Block.
Interactive Brokers Tops High Growth Momentum Trend Screen
ChartMill reports that Interactive Brokers (IBKR) has met the criteria for a "High Growth Momentum Trend Template Screen."
IG Group Eyes US Expansion with $2B Prediction Markets Acquisition
Finance Magnates reports that IG Group's recent acquisition of Underdog, a prediction markets company, for potentially over $2 billion, is aimed at creating a customer funnel for growth and expanding its presence in the US market.
DAX surges towards record high driven by chip stock gains
CMC Markets reports that the DAX is approaching a record high due to a rally in chip stocks.
DB Investing Unveils DB Genius Rewards Loyalty Program
DB Investing has introduced its new DB Genius Rewards loyalty program, which acknowledges client activities such as closed lot volume, funded deposits, and qualified referrals.
IG Group Buys Underdog for $1.3bn in US Prediction Market Bid
LeapRate reports that IG Group is acquiring Underdog, a US-based prediction markets and daily fantasy sports operator, for up to $1.3 billion, aiming to establish itself as a leader in the US prediction market sector.
IG Group Buys Underdog for $1.3B to Boost US Prediction Market
Yahoo Finance reports that IG Group plans to acquire Underdog for $1.3 billion, aiming to expand its presence in the US prediction market.
IG Group Targets $1.3 Billion Underdog Acquisition for Growth
Finance Magnates reports that IG Group plans to acquire US-based prediction markets and daily fantasy sports operator Underdog for approximately $1.3 billion, aiming to make this sector a key part of its future expansion strategy.
IG Group Completes $1.3 Billion Acquisition of Underdog
Sports Business Journal reports that IG Group has completed a $1.3 billion acquisition of Underdog.
Tesla Stock Volatility Draws Retail Traders to Webull, CMC Markets
The article reports that the volatility of Tesla's stock is drawing retail traders' attention towards brokers like Webull and CMC Markets, according to Sahm.
IG Group Acquires Underdog in Potential $2.15 Billion Deal
Front Office Sports reports that Underdog was sold to IG Group, a UK-based company, in a deal potentially worth $2.15 billion.
Robinhood Stock Faces Uncertainty After Strong Earnings
Yahoo Finance reports on Robinhood's stock performance following a strong financial quarter, discussing potential future trends for the company's valuation.
Swissquote Group Stock Gains on Goldman Sachs Upgrade
Simply Wall St. reports that Swissquote Group Holding may be undervalued by 15% after receiving an upgrade from Goldman Sachs.
IG Group Acquires Underdog for $1.3 Billion to Enter US Prediction Markets
Reuters reports that IG Group is expanding into US prediction markets through a significant $1.3 billion acquisition of Underdog.