ADVFN UK Market News

Tag: Trading

  • ATFX Hits $862.2 Billion in Q2 Trading Volume, Cementing Global Leadership

    ATFX Hits $862.2 Billion in Q2 Trading Volume, Cementing Global Leadership

    ATFX has reported a record-breaking $862.2 billion in trading volume for the second quarter of 2025, marking a new milestone in its global growth trajectory and reinforcing its position among the world’s top-performing brokers.

    The figures, confirmed by the latest Finance Magnates Intelligence Report, extend ATFX’s streak of 20 consecutive quarters ranked in the global Top 10 by trading volume. The surge reflects the broker’s expanding market share, deep liquidity, and commitment to delivering institutional-grade execution across asset classes.

    Cross-Asset Momentum Fuels Growth

    ATFX’s Q2 performance was driven by strong activity across key product categories:

    • Precious Metals: Gold and silver trading rose 23.1% year-over-year and 15.2% quarter-over-quarter, as investors sought safe-haven assets amid persistent market volatility.
    • Forex: Currency pair trading climbed 10.14% from Q1, underscoring the appeal of ATFX’s multi-asset platform in navigating global FX dynamics.
    • Equities: Stock trading volumes skyrocketed—up 106.14% year-over-year and 54.22% from Q1—highlighting a shift in trader appetite toward equities and ATFX’s growing role in supporting diversified strategies.

    A Consistent Upward Trajectory

    The Q2 results build on ATFX’s previous quarterly achievements, including $776.5 billion in Q1 and $643 billion in Q4 2024. This sustained momentum reflects the broker’s agility in adapting to market conditions and its investment in platform performance and client support.

    Global Footprint and Regulatory Strength

    Operating in 24 locations and holding nine regulatory licenses—including from the FCA (UK), ASIC (Australia), CySEC (Cyprus), SCA (UAE), and SFC (Hong Kong)—ATFX continues to expand its global reach while maintaining strict compliance standards.

    The company’s leadership attributes its success to a client-first approach, robust technology infrastructure, and a commitment to innovation. “We’re not just growing—we’re evolving with our clients,” said a spokesperson. “This milestone is a reflection of our shared ambition and the trust our traders place in us.”

    As ATFX pushes forward with product development and market expansion, its Q2 performance sets a high bar for the industry and signals continued momentum in the quarters ahead.

  • CFI Partners with Etihad Arena to Elevate Trading Brand Across UAE Entertainment Scene

    CFI Partners with Etihad Arena to Elevate Trading Brand Across UAE Entertainment Scene

    In a bold move to fuse finance with entertainment, CFI Financial Group has been named the Official Online Trading Partner of Etihad Arena, the UAE’s largest indoor venue and a regional hub for world-class events.

    The partnership grants CFI premium brand visibility across Etihad Arena’s packed calendar of concerts, sporting spectacles, and cultural showcases. As part of the deal, CFI will operate a dedicated fan activation space, host clients in a luxury hospitality suite, and offer VIP experiences including meet-and-greets and exclusive giveaways.

    “Etihad Arena has become a regional hub for entertainment, sports and culture, and we are thrilled to join forces with a venue that shares our passion for high performance and innovation,” said Ziad Melhem, CEO of CFI Financial Group.

    The collaboration reflects CFI’s strategy to deepen engagement with audiences through lifestyle platforms, complementing its existing partnerships with AC Milan, MI Cape Town, and the Department of Culture and Tourism – Abu Dhabi.

    Marcus Osborne, General Manager at Etihad Arena, welcomed the alliance: “This partnership reflects our shared vision of delivering extraordinary experiences to fans while championing innovation and excellence.”

    With this latest move, CFI continues to expand its footprint across the MENA region, blending financial literacy with immersive brand experiences and positioning itself as a dynamic force in both trading and entertainment.

  • Exness Halts New Registrations in India Amid Regulatory Uncertainty

    Exness Halts New Registrations in India Amid Regulatory Uncertainty

    Global forex broker Exness has abruptly suspended new client registrations in India, sparking concern among traders and affiliate partners. The move, which took effect late last week, blocks access to account creation for users with Indian IP addresses. Visitors are now redirected to a simplified login page, with no option to sign up.

    The company has yet to issue a formal statement explaining the decision or clarifying whether the restriction is temporary. Affiliate partners were notified to cease all client acquisition efforts in India, further fueling speculation about the broker’s future in the region.

    Despite the registration freeze, existing Indian clients remain unaffected. Users with active accounts can continue trading without disruption, according to current access paths.

    India has long been a key growth market for offshore brokers like Exness, which operated locally through affiliates and introducing brokers. However, the country’s tightening regulatory landscape — including stricter oversight from the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) — may be prompting a strategic retreat.

    As of now, Exness has not indicated whether similar restrictions will be applied in other jurisdictions. The situation remains fluid, with industry observers awaiting further updates.

  • ATFX Reinforces LATAM Strategy with Michael Mirarchi

    ATFX Reinforces LATAM Strategy with Michael Mirarchi

    In a strategic move to deepen its institutional presence in emerging markets, ATFX Connect has appointed Michael Mirarchi as Managing Director of Institutional Sales for Latin America. The announcement underscores the firm’s commitment to expanding its global footprint and delivering tailored solutions to professional clients across the region.

    Mirarchi brings over 15 years of experience in institutional sales, brokerage, and trading technology. His career began in New York, where he supported the early growth of margin FX trading and liquidity provision. He has since held senior roles at major financial institutions and helped launch regulated entities across the UK, EU, and Latin America. His expertise also spans digital asset infrastructure and Virtual Asset Service Provider (VASP) licensing, making him a key figure in bridging traditional finance with emerging technologies.

    In his new role, Mirarchi will spearhead efforts to expand ATFX Connect’s institutional coverage in Latin America, focusing on white-label brokerage offerings, digital asset trading, and the rollout of regional non-deliverable forwards (NDFs). He will also lead initiatives to strengthen the firm’s regulatory presence in the region.

    “Latin America’s online trading sector is evolving rapidly,” Mirarchi said. “We’re focused on delivering institutional-grade solutions that meet the unique needs of professional clients in this dynamic market.”

    Wei Qiang Zhang, Managing Director of ATFX Connect, added: “Michael’s appointment is a pivotal step in our long-term strategy. His deep understanding of the LATAM market and institutional expertise will accelerate our growth and enhance our service offering.”

    ATFX Connect, the institutional arm of the ATFX Group, continues to expand its reach by combining global infrastructure with local insight. The firm offers bespoke liquidity solutions across FX, indices, commodities, and precious metals, serving hedge funds, banks, asset managers, and other professional traders.

  • FXPrimus Unveils Synthetic Indices, Offering Traders a Headline-Free Market Experience

    FXPrimus Unveils Synthetic Indices, Offering Traders a Headline-Free Market Experience

    FXPrimus has launched a new suite of trading instruments known as Synthetic Indices, designed to operate independently of global news and economic events. This strategic move aims to attract technically focused and short-term traders seeking consistency in market behavior.

    The Synthetic Indices, now available on the MetaTrader 5 platform, simulate real market price movements using mathematical models and random number generators. Unlike traditional instruments, they are unaffected by central bank decisions, geopolitical tensions, or economic data releases.

    “Our goal is to empower traders with instruments that reward skill over speculation,” FXPrimus stated. “Synthetic Indices provide a focused space where the trader’s edge matters more than breaking news.”

    These indices offer 24/7 trading and are tailored for those who rely on pattern recognition and technical execution. The offering includes four distinct series, each engineered with specific volatility profiles to support both manual and automated strategies.

    The launch is part of FXPrimus’ broader platform expansion, which includes the introduction of PrimoConnect, a proprietary social trading network, alongside a redesigned website and updated client portal. The broker also announced plans to increase leverage up to 1:2000.

    FXPrimus emphasized that the Synthetic Indices are available to eligible clients under Primus Markets and represent an alternative to traditional markets for traders seeking uninterrupted price action.

  • Inside the XTB Hack: A Client’s $38,000 Loss Sparks Security Overhaul

    Inside the XTB Hack: A Client’s $38,000 Loss Sparks Security Overhaul

    In a chilling exposé that’s rattling the fintech corridors of Central Europe, Polish brokerage giant XTB finds itself at the center of a cybersecurity storm. A long-time client claims to have lost nearly 150,000 Polish zloty ($38,000) in what appears to be a calculated and highly technical account breach.

    The alleged victim, a five-year XTB user, took to social media over the weekend with a detailed account of how his portfolio—once valued at nearly 200,000 zloty—was systematically drained. The method? Hundreds of rapid-fire trades on obscure, low-liquidity assets, including nano-cap stocks like Spruce Power. The trades were executed in such a way that the victim’s account consistently lost money, while a suspected second account profited from the other side of each transaction.

    The client described the attack as a “programmed slaughter,” noting that even long-held securities and untouched ETFs were liquidated within minutes. Notably, the hacker didn’t attempt direct withdrawals—XTB restricts those to verified bank accounts—but instead exploited the trading mechanism itself.

    When the client reached out to XTB’s support, he claims he was met with indifference: “I get calls like yours all day, every day. Nothing can be done.” His formal complaints were reportedly dismissed twice, with the broker citing its terms of service that place password security squarely on the customer.

    The breach exposed a critical vulnerability: the client had not enabled two-factor authentication (2FA), a feature XTB introduced as optional in 2024. But the fallout was swift. Within hours of the viral post, XTB announced a sweeping security overhaul. Starting July 14, users will be able to activate Time-based One-Time Passwords (TOTP) via apps like Google Authenticator. By Q4 2025, 2FA will be mandatory for all new accounts.

    Adam Dubiel, XTB’s Chief Product & Technology Officer, stated: “Security of XTB client funds is our highest priority.” The firm is also launching a campaign to educate users on cybersecurity best practices.

    The scandal sent shockwaves through the Warsaw Stock Exchange, with XTB’s shares plunging over 6% on Monday before rebounding slightly the next day. Industry experts like Michał Masłowski of Poland’s Individual Investors Association stressed that 2FA should be non-negotiable: “Even small amounts require robust protection.”

    Mateusz Samołyk, a financial blogger who helped amplify the case, urged XTB to implement real-time monitoring of suspicious activity and location-based login alerts. He claims to have submitted these recommendations directly to the broker.

    The firm says it is investigating and encourages affected clients to use official complaint channels.

    As the fintech world grapples with rising cyber threats, this incident serves as a stark reminder: in the digital age, security isn’t optional—it’s survival.

    Founded in 2002, XTB has grown into a global fintech leader, offering trading in forex, commodities, indices, stocks, ETFs, and bonds across 13 countries. Headquartered in Warsaw, Poland, the firm serves over 1.36 million clients and employs more than 1,000 staff. It’s regulated by top-tier authorities including the FCA (UK), CySEC (Cyprus), and KNF (Poland). Listed on the Warsaw Stock Exchange since 2016, XTB reported PLN 1.87 billion ($445 million) in revenue for 2024.

    The company has built its reputation on proprietary technology like xStation, celebrity ambassadors including Zlatan Ibrahimović and José Mourinho, and a commitment to investor education and transparency.

  • PrimeXBT Supercharges Trading Conditions with Tighter Spreads and Higher Leverage

    PrimeXBT Supercharges Trading Conditions with Tighter Spreads and Higher Leverage

    In a bold move to reinforce its position as a trader-first brokerage, PrimeXBT has announced a comprehensive upgrade to its trading platforms—MetaTrader 5, PXTrader, and Crypto Futures. These enhancements aim to streamline trading execution, boost risk management capabilities, and reduce the cost of trading for clients worldwide.

    Gold Spreads Slashed to Increase Cost Efficiency

    One of the headline improvements is a substantial reduction in Gold (XAU/USD) spreads, which have been trimmed to as low as 20–25 points on MetaTrader 5 and PXTrader. Even during heightened market volatility, these tighter spreads make gold trading more viable for retail and professional traders alike, reducing slippage and boosting profitability.

    Leverage Uplift Across Key Asset Classes

    PrimeXBT has also overhauled its leverage offerings, giving traders more flexibility across both traditional and crypto instruments:

    • Bitcoin leverage raised to 200x, offering substantial upside potential for experienced traders with sound risk strategies.
    • Altcoins now tradable with leverage up to 150x, facilitating exposure to higher-risk, high-reward markets.
    • Enhanced leverage for Forex majors, indices, and precious metals, including Gold and Silver, allows tactical positioning with reduced margin requirements.

    This shift caters especially to short-term traders and scalpers, enabling them to extract more value from intraday price moves while maintaining risk controls through other platform features.

    PXTrader Stop-Out Level Halved

    In response to user feedback, PrimeXBT has reduced the stop-out level on PXTrader from 100% to 50%. This gives traders more breathing room during volatile swings, helping prevent early liquidation and allowing for potential recovery trades without immediate margin calls.

    Multi-Account Functionality for Strategic Segmentation

    The MT5 platform now supports multi-account setup, allowing users to manage distinct trading strategies across separate currency wallets. This modular approach simplifies accounting, enables risk compartmentalization, and offers greater transparency in performance tracking—especially useful for traders managing portfolios across asset classes or time frames.

    Advanced Risk Management on Crypto Futures

    Crypto Futures users will benefit from Bracketed Stop Loss and Take Profit orders in hedge mode, improving precision in trade exits. Additionally, the platform now displays estimated liquidation levels directly on price charts, equipping users with proactive insights into margin requirements and risk exposure.

    Global Reach Meets Institutional-Grade Tools

    With over 1 million registered users spanning 150+ countries, PrimeXBT continues to position itself at the intersection of traditional and digital finance. These platform enhancements reflect a growing trend among brokerages to deliver institutional-grade features tailored for the evolving needs of retail clients.

    The broker’s latest upgrades were reportedly driven by extensive client feedback and internal market research, emphasizing its commitment to listening, adapting, and innovating.

    For a detailed comparison of brokers, you can check ADVFN Broker Listing.

  • Tickmill Rebrands with Confidence: A Strategic Leap Forward

    Tickmill Rebrands with Confidence: A Strategic Leap Forward

    Global multi-asset broker Tickmill has officially launched a refreshed brand identity, signaling a confident evolution in its mission to empower traders worldwide. More than a visual update, this strategic uplift reflects Tickmill’s commitment to clarity, performance, and deeper engagement in an increasingly competitive trading landscape.

    Refining the Brand, Not Reinventing It

    Tickmill’s transformation is rooted in refinement—not reinvention. The company’s new identity builds on its strong foundation while sharpening its message and visual presence. At the heart of the redesign is a refined logotype paired with a green upward arrow, symbolizing growth, progress, and strategic direction. This bold visual cue reinforces Tickmill’s positioning as a broker built for traders seeking a dependable edge.

    “This uplift isn’t about changing who we are—it’s about elevating it,” said Kay Hook, Chief Marketing Officer at Tickmill. “We’ve created a clearer, more confident identity that reflects the value we deliver every day. It’s grounded in strategic thinking and brought to life by the creativity and commitment of our global team.”

    “In a World of Bulls and Bears – Be the Tiger”

    Tickmill’s new brand narrative introduces a powerful metaphor: the tiger. In markets dominated by bulls and bears, Tickmill encourages traders to adopt the tiger’s mindset—focused, agile, and fearless. This philosophy underscores the broker’s promise to deliver “an unfair advantage” to those bold enough to seize it.

    The tiger motif isn’t just symbolic—it’s strategic. In trading, as in nature, success often hinges on split-second decisions. Tickmill’s platform, tools, and support are designed to help traders act with precision and confidence.

    Built for Traders, Backed by Strategy

    Tickmill’s brand uplift is more than aesthetics. It’s a strategic move to better communicate its strengths:

    • Competitive trading conditions with tight spreads and fast execution.
    • Robust regulatory framework across multiple jurisdictions.
    • Advanced platforms including MetaTrader, TradingView, and Tickmill Trader.
    • Global reach with localized support and multilingual resources.

    The refreshed identity also aims to cut through the noise of a densely serviced market, offering traders a brand that performs—not just one that looks good.

    For a detailed comparison of brokers, you can check ADVFN Broker Listing.

  • Eightcap Launches CoinDesk 20 Index CFD, Bringing Institutional-Grade Crypto Access to Retail Traders

    Eightcap Launches CoinDesk 20 Index CFD, Bringing Institutional-Grade Crypto Access to Retail Traders

    In a landmark move for the digital asset industry, Australian fintech firm Eightcap has unveiled a new Contract for Difference (CFD) product based on the CoinDesk 20 Index (CD20)—a benchmark that tracks the performance of the most liquid and representative cryptocurrencies. This launch marks the first time the CD20 Index is available as a regulated CFD product to retail traders globally.

    What Is the CoinDesk 20 Index?

    The CoinDesk 20 Index is a carefully curated basket of the top 20 digital assets by liquidity and market representation. It serves as a reliable benchmark for institutional and retail investors seeking exposure to the broader crypto market. By offering a weighted performance snapshot, the index provides a diversified view of the digital asset landscape, helping traders make informed decisions.

    Eightcap’s Strategic Leap

    Eightcap’s decision to offer the CD20 as a CFD reflects its commitment to bridging the gap between traditional finance (TradFi) and the crypto ecosystem. CFDs allow traders to speculate on price movements without owning the underlying asset, making them a flexible and accessible tool for retail investors.

    The CD20 CFD is available in both fiat and USDT pairs, and is offered as an over-the-counter (OTC) derivatives product. This means traders can access the product outside of centralized exchanges, with pricing and execution handled directly by Eightcap.

    Global Reach and Regulatory Strength

    Headquartered in Melbourne, Eightcap holds regulatory licenses across Australia, the UK, the EU, and the Bahamas, positioning it as a trusted provider in the global financial landscape. Its infrastructure, known as Eightcap Embedded, enables seamless integration with fintech and crypto platforms via open APIs, allowing partners to offer regulated derivatives directly within their environments.

    The CD20 CFD is also tradable via TradingView, one of the world’s most popular charting and trading platforms. This integration ensures that millions of traders can access the product through familiar interfaces, enhancing usability and reach.

    Industry Voices

    Patrick Murphy, Chief Commercial Officer at Eightcap, emphasized the significance of the launch:

    “Partnering with CoinDesk Indices allows us to deliver a world-first regulated product that meets the evolving needs of both crypto-native and traditional trading platforms.”

    Alan Campbell, President of CoinDesk Indices, added:

    “The marketplace needs a diversified benchmark for analysis and financial products. We are excited Eightcap will unlock a new distribution path of opportunity, while bringing regulatory standards to the forefront.”

    Expanding Horizons

    Beyond the CD20 CFD, Eightcap plans to roll out USDT-denominated derivatives across traditional asset classes such as equities, indices, forex, and commodities. These products will be priced and executed using Bitfinex markets, enabling stablecoin-native users to access traditional financial instruments with familiar on-chain liquidity.

    The product was officially unveiled at Consensus 2025 in Toronto, during a session titled Unlocking Regulated Market Access at Scale – A New Standard for Crypto Derivatives. The launch was also featured on CoinDesk Live, where Eightcap’s leadership discussed the implications of regulated crypto benchmarks for global retail markets.

    For a detailed comparison of brokers, you can check ADVFN Broker Listing.

  • Saxo Australia to Rebrand as Totality: A New Chapter Begins

    Saxo Australia to Rebrand as Totality: A New Chapter Begins

    Saxo Australia, a well-established name in the online trading and investment landscape, is preparing for a significant transformation. Beginning August 11, the company will rebrand as Totality, marking a strategic shift aimed at redefining its presence in the Asia-Pacific financial ecosystem.

    The rebrand follows Saxo Bank’s decision to divest the majority of its Australian business. An 80.1% stake was sold to SCM DMA Pty Ltd (DMA South Africa), a respected provider of financial software and trading technology solutions. Saxo Bank retains a 19.9% share, ensuring continued partnership and integration of core technologies.

    Despite the change in brand identity, clients will experience continuity in their platform performance, pricing, and service quality. The transition introduces a refreshed digital interface—including a revamped website, dashboard, and mobile app—designed to enhance user experience while maintaining the trusted functionality users rely on.

    Why Totality?

    The new brand reflects DMA’s ambition to build a borderless brokerage platform tailored to modern investors who demand flexibility, speed, and global reach. Embodying this vision is the platform’s new logo, a winged goddess, symbolizing agility, empowerment, and freedom.

    Totality aims to blend Danish fintech innovation with South African software craftsmanship, offering a next-generation multi-asset trading experience. The rebrand signals a broader mission: to evolve beyond regional boundaries and become a central player in global financial markets.

    What Clients Can Expect

    • Seamless Transition: No action is required from users. Assets and funds remain securely held under existing custodial arrangements.
    • Enhanced Platform: A guide will assist clients with downloading the new apps and accessing updated features.
    • Continued Support: Personalized client services and trading conditions will remain unchanged, ensuring stability throughout the transition.

    This move positions Totality as a dynamic force in online trading, committed to serving both experienced investors and emerging market participants with sophistication and scale.

    For a detailed comparison of brokers, you can check ADVFN Broker Listing.