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Finance Magnates
This Prop Firm Has Nearly 1,300 Traders Waiting a Year for Their Money
Three months ago, the prop firm The Funded Trader ( TFT ) promised its clients that final decisions regarding the settlement of payouts, overdue for many months, would be announced by January 2025.
The Funded Trader
prop firms
proprietary trading
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Finance Magnates
Global FX Volumes Surge in February 2025 Despite Fewer Trading Days
February 2025 confirmed that financial markets entered the new year strongly, maintaining the trend of increasing volumes in the foreign exchange (FX) sector.
volumes
average monthly volumes
Adv
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Finance Magnates
Admirals Sees 46K Client Exodus as Trading Activity Slumps in 2024
Admirals Group AS reported a net loss of 1.6 million euros for the fiscal year 2024, a significant improvement from the 9.7 million euro loss in 2023.
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Finance Magnates
XRP Jumps 40%, SOL 70% as President Trump Confirms “Crypto Strategic Reserve”
US President Donald Trump made a surprising announcement on his social media platform, Truth Social, stating that Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), and “other valuabl...
donald trump
ripple. xrp
XRP
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Finance Magnates
ATFX, IG Group, Trive South Africa, and More: Executive Moves of the Week
Reviewing the most notable executive moves this week: ATFX hired FXCM's Paresh Patel as the Global Head of Risk and Trading, IG Group's Head of Brand and Product Marketing exited after more than th...
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Finance Magnates
Weekly Snapshot: Up to 100 Prop Firms Shuttered in 2024 Shake-Up, Bitcoin Drops Below $80K
80–100 Prop Firms Shut Down in 2024 . Breaking down this week's key events is a key highlight of our quarterly intelligence report that showed that the prop trading industry experienced its most dr...
editor's pick
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Finance Magnates
Microsoft Hangs Up on Skype After 20 Years, Pushing Users to Teams
For nearly two decades, Skype connected people across the world with free internet calls, revolutionizing communication long before video conferencing became mainstream.
Skype
microsoft
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Finance Magnates
Deobanks: Fusing AI and Blockchain to Optimize Banking Efficiency
The financial industry has always pursued efficiency — in time, cost, and personnel.
AI
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Finance Magnates
Will Solana Go Up? CME to Launch SOL Futures as Institutional Interest Rises
The growing demand for regulated cryptocurrency investment tools has prompted CME Group to introduce Solana (SOL) futures. Pending regulatory approval, these new contracts will reportedly launch on...
solana blockchain
CME Group
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Finance Magnates
Why Bitcoin Is Going Down: MetaMask Plans BTC, Solana with Gas-Free Transactions
MetaMask plans to expand its network support and update its transaction features. It will integrate the Bitcoin network in the Q3 and Solana in May.
BTC
Bitcoin (BTC)
crypto
cryptocurrency
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Finance Magnates
Why DOGE Falls 10%? SEC's Meme Coins Stance Failed to Save the Market
The Securities and Exchange Commission (SEC) formally admitted yesterday (Thursday) that meme coins do not fall under its purview as they cannot be categorised as securities.
meme tokens
DOGE
Dogecoin (DOGE)
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Finance Magnates
Safeguarding Your Assets: ATFX’s Commitment to Trust and Security
ATFX consistently upgrades its cybersecurity infrastructure to prevent data breaches and unauthorized access.
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Finance Magnates
Aussie Regulator Ramps Up Fight Against Scammers: Blocking 130 Websites Each Week
The Australian financial market watchdog is shutting down investment scams at an average rate of 130 fraudulent websites each week.
Asic
Australia
Scam
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Finance Magnates
SEC Drops Coinbase Lawsuit as Crypto Task Force Promises Regulatory Clarity
The U.S. Securities and Exchange Commission (SEC ) has dismissed its lawsuit against Coinbase, marking a significant shift in its approach to regulating the cryptocurrency industry.
sec
coinbase
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Finance Magnates
Revolut’s $60 Billion Valuation Spurs Investor Push for New Share Sale: Report
Revolut is facing pressure from investors to consider another secondary share sale at a staggering $60 billion valuation, Bloomberg reported.
revolut
News Discussion Forum
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Finance Magnates
ATFX Hires FXCM's Paresh Patel as Global Head of Risk and Trading
Global fintech broker ATFX enlisted Paresh Patel as the Global Head of Risk and Trading, according to Patel's announcement on LinkedIn today (Thursday).
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Finance Magnates
IG Group's Head of Brand and Product Marketing Leigh-Anne Acquisto Departs
Leigh-Anne Acquisto, IG Group's Head of Brand and Product Marketing, is leaving the company after dedicating nearly three and a half years.
IG Group
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Finance Magnates
XRP Consolidates: S. Korea's BDACS Adopts Ripple Custody for Institutional Crypto Storage
Institutional crypto storage firm BDACS will use Ripple Custody to secure XRP and RLUSD. RLUSD is a dollar-pegged stablecoin issued by Ripple.
Ripple
ripple. xrp
XRP
crypto
china cryptocurrency
south-korea
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Finance Magnates
After Coinbase, SEC Drops Gemini Probe—Winklevoss Demands Firings, Compensation
The U.S. Securities watchdog ended its investigation into Gemini without filing enforcement charges, but the exchange’s Co-Founder, Cameron Winklevoss, isn’t letting it go.
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Finance Magnates
Finvasia: Innovating Across Finance, Healthcare, and Beyond
Finvasia thrives on breaking boundaries.
Finvasia
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Finance Magnates
CySEC Identifies "Areas for Improvement" in Sanctions Screening for Regulated Entities
The CySEC has today released a practical guide on maintaining effective and efficient sanctions screening systems.
cysec
cyprus
regulators
retail
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Finance Magnates
Cinkciarz.pl Allegedly Seeks Customer Payments Despite Inability to Process Currency Exchanges
Conotoxia Holding's subsidiary Cinkciarz.pl is reportedly urging customers to fulfill payment obligations for currency exchange transactions despite the company's inability to process these transactions.
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Finance Magnates
Bybit Receives UAE In-Principle Approval Following $1.4 Billion Breach
Cryptocurrency exchange Bybit has received In-Principle Approval (IPA) from the SCA of the UAE to set up as a Virtual Asset Platform Operator.
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Finance Magnates
PU Prime Wins Best Multi-Asset Broker – MEA 2025 at iFX EXPO Dubai
The award further reinforces PU Prime’s reputation as a technology-driven brokerage.
pu prime
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Finance Magnates
Gold-i Adds Edgewater to MatrixNET, Enhancing FX and Metals Trading Options
Edgewater Markets, a non-bank gold liquidity provider, has integrated with financial technology company Gold-i, connecting its trading infrastructure with Gold-i's MatrixNET liquidity management tool.
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Finance Magnates
Exclusive: 80-100 Prop Firms Wiped Out in 2024's Industry Collapse
The prop trading industry has just witnessed its most dramatic shake-up yet. Over the past year, between 80 and 100 proprietary trading firms have shut down, while challenge pass rates have plummeted.
prop firms
prop trading
Finance Magnates Intelligence
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Finance Magnates
Why Tesla Stock Is Down: TSLA Price Falls for Five Consecutive Days, Reaching November Lows
Why is Tesla stock down in 2025? Explore Tesla stock price today, stock trends, Elon Musk’s impact, and Tesla stock forecast amid sales drops and competition.
tesla
elon musk
Tesla News
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Finance Magnates
Nvidia's Earnings Soar: AI's Giant Leads the Way
Nvidia's Q4 revenue hits $39.3 billion, driven by demand for AI. What does this mean for the tech market and AI's future? Can Nvidia keep the lead?
nvidia
AI
artificial intelligence
data centres
News Discussion Forum
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Finance Magnates
MARA Delivers Record Profits as Bitcoin Holdings Surge 197% to $4.6 Billion
MARA Holdings reports record Q4 2024 revenue of $214.4M and $656.4M for the year. Explore Mara stock news, including a $541M net income, low-cost bitcoin mining, and AI-driven Mara forecast. Analysts’ Mara stock price prediction for 2025 targets $26-$27, fueled by 44,893 BTC holdings.
MARA
Marathon Digital
Bitcoin Mining
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Finance Magnates
TriumphFX Scammed Malaysians: 72 Locals Lost $5.3 Million
The authorities in Malaysia have received 72 complaints from alleged victims of TriumphFX, which, according to locals, is a fraudulent offshore forex broker.
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Finance Magnates
Retail Traders Remain Confident, With 60% Bullish on Stocks
Retail investors are embracing a paradox: They remain heavily invested in tech stocks and cryptocurrency while simultaneously acknowledging potential market bubbles.
News Discussion Forum
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Finance Magnates
Phishing Accounts for 69% of Fraud in Germany, Consumers Lose Over €200 Billion
. Germany is grappling with an escalating wave of digital banking fraud, driven by a surge in phishing attacks, investment scams, and emerging tactics like QR code phishing.
germany
fraud
News Discussion Forum
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Finance Magnates
Why Litecoin is Up: Price Jumps 16% as Institutional Interest Grows
The cryptocurrency market is rebounding from a brutal sell-off, with Litecoin (LTC) spearheading the recovery. The coin’s price surged 16% in the past 24 hours, signaling renewed investor confidence.
litecoin
News Discussion Forum
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Finance Magnates
Exness Driving innovation and Excellence in Trading
Insights from Milica Nikolic, Exness Trading Product Operations Team Leader
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Finance Magnates
OneRoyal Partners with Diego Forlán as Ambassador Following AI Analytics Collaboration
OneRoyal, a CFD broker, has announced a new partnership with former professional footballer Diego Forlán,
OneRoyal
retail FX
retail brokers
retail
sports-sponsorship
News Discussion Forum
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Finance Magnates
10 Cases vs. 250,000 Scams: The Math That Doesn't Add Up in UK's Fraud War
A newly implemented platform designed to reimburse victims of online payment scams in the UK has processed a mere 10 claims since its rollout last year, revealing significant adoption hurdles.
Scam
payments
The UK
PSR
News Discussion Forum
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Finance Magnates
Best Brokers in MENA in 2025
Who are the best or top Forex brokers that stand out in MENA in 2025 for both new and veteran traders?
MENA
News Discussion Forum
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Finance Magnates
DB Investing's Traders Gain Access to Acuity Trading's AI Research Terminal
Acuity Trading has partnered with DB Investing to integrate its Research Terminal into the broker’s trading platform. The collaboration will offer traders AI-driven market intelligence, data analyt...
Acuity Trading
acuity
retail FX
retail
News Discussion Forum
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Finance Magnates
26 Degrees Announces Extended Hours Trading for US Equity CFDs
26 Degrees Global Markets, an industry-leading Prime of Prime broker, has announced the launch of extended hours trading for US Equity and ETF CFDs.
26 Degrees
News Discussion Forum
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Finance Magnates
DeFinity Markets and Utila Partner to Provide Secure Fiat and FX Solutions
DeFinity Markets, which provides institutional digital asset trading and fiat solutions, has partnered with Utila, a crypto operations platform.
DeFinity Markets
institutional
DeFinity
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