Broker News

eToro to Migrate Clients to New AI-Powered Trading App
eToro is reportedly transitioning its clientele to a new trading application that incorporates its AI agent, Tori, to offer proactive insights on user-held and followed assets.

From eToro to Five Trading Platforms: X Scales Cashtags into a Distribution Channel
X (formerly Twitter) is expanding its brokerage-routing model, transforming Cashtag pages into a distribution channel for multiple trading platforms, including Interactive Brokers, Moomoo, Coinbase, Kraken, and Gemini.

TMGM and Chelsea FC Extend Partnership to Middle East
TMGM and Chelsea Football Club have renewed their commercial partnership for a fourth year, extending their online foreign exchange and CFD trading collaboration to include the Middle East region.

FXGLOBE Reports 30% Volume Growth Post B2COPY Integration
FXGLOBE reported a 30% increase in trading volume after integrating B2BROKER's B2COPY platform, which replaced the broker's previous copy-trading and managed account interface.

Neal Keane Joins Daman Markets from ADSS Sales Trading
FX News Group reports that Neal Keane, formerly Head of Sales Trading at ADSS for 15 years, has transitioned to Daman Markets.

STARTRADER Adds CXMT and Unitree Robotics Chinese Equity CFDs
STARTRADER has broadened its offering by introducing new Chinese equity CFDs, including instruments linked to a DRAM memory chip producer and a humanoid robotics firm, both listed in Shanghai.

Capital.com Eyes UK Crypto Market Entry Amid Regulatory Ambiguity
Capital.com appears to be advancing its entry into the UK crypto market by seeking a Head of Risk for its Capital Vault UK unit, despite its absence from the FCA's public register, while simultaneously securing crypto approvals in Europe and the UAE.

STARTRADER Adds Chinese DRAM and Robotics CFDs
STARTRADER has introduced two new 24/7 CFD instruments, CXMTUSD and UNITREEUSD, linked to Shanghai-listed Chinese companies specializing in DRAM memory chips and humanoid robotics, expanding its offerings for traders.

Daman Markets Appoints Srijan Katyal as Chief Compliance Officer
FX News Group reports that Daman Markets has appointed Srijan Katyal, previously with ADSS, as its new Chief Compliance Officer.

Tickmill UK Reports 11% Revenue Dip Amidst Higher Trading Volumes
Tickmill UK's 2025 financial report indicates an 11% decrease in trading revenue to £5.5 million and a drop in pre-tax profit to £931,297, despite an increase in notional trading volume.

TMGM and Chelsea FC Extend Partnership, Expand to Middle East
Finance Magnates reports that online forex and CFD broker TMGM and Chelsea Football Club have extended their long-standing partnership into its fourth year, with the collaboration now encompassing the Middle East in addition to the Asia-Pacific region.

FINRA Fines American Portfolios $400K, Orders $1.2M Restitution
FINRA has mandated American Portfolios Financial Services to pay over $1.2 million in customer restitution and a $400,000 fine for inadequate supervision of unit investment trust sales, which resulted in clients incurring unnecessary fees.

Coinbase Opens IPO Access to Eligible US Retail Investors
Coinbase has introduced an IPO access service for eligible U.S. retail customers, allowing them to invest in private companies before their public listing, further expanding its traditional brokerage offerings.

CoinEx Halts Futures and Margin Trading Ahead of Exchange Closure
CoinEx is reportedly discontinuing its futures and margin trading services starting September 22, 2026, as part of a phased shutdown of the entire cryptocurrency exchange by December, citing declining volumes and increasing compliance expenses.

VARA Approves Alya Marrakchi as GCEX Dubai Managing Director
GCEX FZE has announced the promotion of Alya Marrakchi to Managing Director of its regulated Dubai operation, following approval from Dubai's Virtual Assets Regulatory Authority (VARA), where the entity is licensed for broker-dealer services.

Kama Capital Appoints CPT Markets Exec Medhat Attia to Lead Retail Sales
Kama Capital has reportedly appointed Medhat Attia, formerly of CPT Capital, to lead its retail sales division.

SEC Tokenized Stock Exemption Boosts Coinbase, Robinhood
The U.S. SEC's new conditional exemption for tokenized U.S. stocks is seen as a positive development for major crypto and fintech companies, especially Coinbase and Robinhood, potentially creating a clearer regulatory path for on-chain equity trading.

US Retail Traders Access Cheaper Single-Stock Leverage Than EU
A report by FM Intelligence indicates that US retail traders can acquire single-stock leverage with lower margin requirements, at 15%, compared to their counterparts in the EU or UK, who require 20% for the same trade.

APC Prime CEO, Evenox Rebrand, Eurotrader License Revoked: FX News
This article highlights key events in the FX industry, including Evenox's rebrand and executive hires, Eurotrader's license revocation, an update on APC Prime's CEO, and a CMO's move from MultiBank.

Binance Launches 24/7 USD/BRL FX Perpetuals with 100x Leverage
Binance is reportedly introducing 24/7 FX perpetuals for USD/BRL with 100x leverage, detailing its dual pricing model for weekdays and weekends using external data providers and its internal order book.

eToro, Alpaca Gain SEC No-Action Relief on Cashless Brokerage Accounts
eToro USA Securities and Alpaca Securities have reportedly received no-action relief from the US SEC staff, outlining capital requirements and customer money movement for accounts holding no cash, as both firms continue to expand in the US market.

Bitcoin Surges Past $81,000 on CFTC Regulatory Relief
A recent report indicates that Bitcoin's value surged past $81,000, attributed to what is described as a regulatory relief rally following the CFTC's submission of two new crypto-related rulemakings to the White House.

FINRA Awards Damages Against Morgan Stanley E*Trade
FINRA's dispute resolution forum issued an award against Morgan Stanley E*Trade Securities LLC regarding a claim filed by Robert Massimi, with Carol Maria Luttati, Allan Marain, and Michelle Sue Freudenberger serving as neutrals.

Binance Launches 24/7 FX Perpetual Contract for USD/BRL
Binance has launched a new 24/7 FX perpetual contract for USD/BRL with up to 100x leverage on its crypto derivatives platform, following a similar move by Bybit.

FINRA Arbitration Award: Comston vs. Interactive Brokers
A document from FINRA details an arbitration award in a legal dispute involving Benjamin Comston as the claimant and Interactive Brokers LLC as the respondent.

FINRA Arbitration Award Details Elias vs. Fidelity Brokerage
A FINRA document outlines an arbitration award involving claims made by Michelle Elias against Fidelity Brokerage Services LLC, with Susanne J. Hollander presiding.

mBank Exits Polish Forex and CFD Market
mBank's brokerage unit is reportedly exiting the forex and CFD market in Poland, ceasing new position openings from October 1st, despite growth in the country's derivatives sector.

DB Investing Embraces AI with dbinvesting.ai Launch
DB Investing has reportedly introduced dbinvesting.ai and plans to release Wealth Copilot, an AI agent integrating trading activity with market data and portfolio information, as part of its AI-focused strategy.

Scope Markets Appoints Ibrahim Hossny MENA Research Head
Scope Markets has appointed Ibrahim Hossny, previously with Tradeview, as the new head of research and marketing for the MENA region, based in Dubai, to oversee regional marketing and educational content.

Alpari to Exhibit at Forex Expo Dubai 2026
Alpari has announced its upcoming participation in the Forex Expo Dubai 2026, inviting traders, partners, and financial professionals to connect with its team and learn about its services at Booth 147.

Scope Markets Appoints Ibrahim Hossny MENA Research Head
Scope Markets has reportedly appointed Ibrahim Hossny as its new Head of Research and Marketing for the MENA region, following his previous role at Tradeview Markets.

FXTM Hires OANDA Marketing Chief Darren Moffett as CMO
The article reports that FXTM has appointed Darren Moffett, formerly OANDA's global marketing chief, as its new Chief Marketing Officer, responsible for brand and client growth from its London office.

NAGA CEO Octavian Patrascu Returns Trading Platform to Profit
The article reports that Octavian Patrascu, CEO of NAGA, has successfully steered the trading platform back to profitability after a reverse merger with CAPEX.com, injecting new capital and implementing a restructuring mandate.

FINRA Schedules Future Award Hearing for Kawenda vs. SoFi Securities
A FINRA document outlines a future award in a legal case between Michael Kawenda and SoFi Securities LLC, set to occur on September 17, 2026, with the hearing site in San Francisco.

Exness Debuts Trader Archetypes at Forex Expo Dubai 2026
Exness, a multi-asset broker, will unveil its new 'Exness Trader Archetypes' concept, designed to help traders understand their psychology, at the Forex Expo Dubai 2026.

APC Prime Appoints Shadi Salloum as Global CEO
APC Prime, a multi-asset broker based in Dubai, announced the appointment of Shadi Salloum as its Global CEO, with the objective of leading the company's international growth strategy beyond its current MENA region operations.

Tickmill Appoints Ranim Turfa to Lead MENA Research
Tickmill has named Ranim Turfa as its new Head of Research & Market Analysis for the MENA region, aiming to bolster its analytical offerings for traders navigating uncertain market conditions.

Interactive Brokers expands Japan offerings with margin and yield programs
Interactive Brokers Group Inc. reportedly announced the introduction of three new offerings, including margin and stock yield enhancement programs, for its Japanese subsidiary.
Moomoo, IBKR join X Cashtag Partner Program
The article reports that Moomoo and Interactive Brokers have become official U.S. Cashtag Partners on X, enabling direct access from market discussions on the social platform to trading on their respective platforms.

FINRA Arbitration Award Against Fidelity Brokerage Services
FINRA reports that Fidelity Brokerage Services LLC was named as a respondent in an arbitration case resulting in an award document related to a dispute with a claimant.

Spec Markets Boosts CFD Execution with iSAM Securities Integration
Spec Markets has integrated iSAM Securities' Radar risk analytics and Apex bridge platforms, enhancing its CFD risk management, liquidity routing, and execution capabilities.

Excent Capital Launches New Website Highlighting Proprietary Trading
Excent Capital has unveiled a revamped website, emphasizing its proprietary trading platform and multi-account management tools, aligning with a broader trend among online brokers.

Crypto Exchange CoinEx Ceases Operations Amid Security and Regulatory Concerns
The Hong Kong-based cryptocurrency platform CoinEx has announced its cessation of operations, citing concerns related to security and regulatory compliance in its decision to wind down.

CoinEx to Cease Operations After Nine Years
The Hong Kong-based cryptocurrency exchange, CoinEx, reportedly announced its impending cessation of operations and an orderly liquidation, citing market downturns, reduced trading activity, and escalating regulatory compliance expenses as contributing factors.

CoinEx Ceases Operations Amidst Crypto Market Downturn
FX News Group reports that the Chinese cryptocurrency trading platform CoinEx has ceased operations, attributed to a prolonged decline in digital asset trading volumes despite a recent market recovery.

CoinEx Ceases Operations After Nine Years Amid Market Pressures
Reports indicate that cryptocurrency exchange CoinEx is ceasing operations after nearly nine years, citing a prolonged market downturn, reduced trading activity, and escalating regulatory costs as reasons for its closure.

Capital.com MENA Head of Sales Chris Demetriou Departs
An exclusive report indicates that Chris Demetriou has left his position as Head of Sales for the MENA region at Capital.com, marking the end of his second period with the brokerage.

Charles Schwab Comments on FINRA Regulatory Notice 26-14
Charles Schwab & Co., Inc. has submitted a comment regarding FINRA Regulatory Notice 26-14, as reported by the Financial Industry Regulatory Authority.

FINRA Issues Arbitration Award in Robinhood Case
FINRA has issued an award document for case 25-01058, involving Jonathan Frias as claimant against Robinhood Financial, LLC and Robinhood Securities, LLC, with Peter Shapiro serving as neutral.

IRS Crypto Tax Guidance for Brokers: 2025 Reporting
The article reports that the IRS has issued new tax guidance requiring crypto brokers to report gross proceeds on Form 1099-DA for digital asset transactions starting in 2025, with cost basis reporting beginning in 2026, and details temporary exceptions for certain transaction types.
Webull Adds CME Nano Futures to Trading Platform
Webull, an online trading platform, has announced the introduction of CME Group's E-nano S&P 500 and E-nano Nasdaq-100 futures to its offerings, providing smaller-sized contracts for retail investors.

Saudi Arabia's $1.3T Economy: Broker Opportunities and Hurdles
A recent article evaluates the Saudi Arabian economy's potential for global brokers, highlighting its scale and growing investment sector while noting regulatory and commercial hurdles for offshore FX/CFD firms.

Central Bank Decisions to Drive Forex Trading Volume
Finance Magnates reports that monetary policy announcements from the Federal Reserve, Bank of England, and Bank of Japan are anticipated to significantly boost trading volume for foreign exchange traders, particularly impacting ActivTrades.

Meritz Securities Integrates Benzinga News for Korean Investors
Meritz Securities has integrated Benzinga's Stock News API and Bulls Say Bears Say API into its MOUM investment platform, offering US equity news and analyst views to its Korean clientele to enhance trading and analysis tools.

Equiti Launches UAE Storefront for Retail Trader Engagement
Equiti has launched a physical storefront in Sharjah, UAE, becoming the first CFD broker to offer face-to-face assistance and build personal connections with local traders, according to a recent report.

Edgewater Markets Appoints Taurex Executive Tim Rudland
Edgewater Markets, an institutional broker and fintech provider, reportedly appointed Tim Rudland, formerly of Taurex, as its Head of Market Infrastructure, signifying continued international growth, particularly in the UAE.

AvaTrade Hires Exness Affiliate Chief for Cyprus Growth
AvaTrade has appointed Nir Iter, formerly of Exness, as its new Business Unit Director for Cyprus, where he will lead the company's affiliate and partnerships growth.

CITIC HK Licenses OTC Markets Group Data for US Equities
The article reports that OTC Markets Group has entered into a market-data licensing agreement with CITIC Securities Brokerage's Hong Kong division, enabling the brokerage to integrate US over-the-counter equity pricing into its trading platforms.

AvaTrade Expands Cyprus Operations with Exness Veteran Nir Iter
AvaTrade has reportedly appointed Nir Iter, previously with Exness, to lead its newly established operations in Cyprus, signaling an expansion of the company's presence.

Kudo Launches Weekend Gold Trading with 50 Ounce Position Limit
Kudo, a brokerage firm, has launched weekend gold trading for its clients, offering a new contract, XAUUSD247, which limits positions to 50 ounces, a detail highlighted by the source alongside a comparison with Ultima Markets' offering.
