Forex Industry News

How High Can Bitcoin Go? Unchained Forecasts $250K BTC Price in 2025 and $1M by 2030

By Finance Magnates

How High Can Bitcoin Go? Unchained Forecasts $250K BTC Price in 2025 and $1M by 2030

Bitcoin expert Joe Burnett forecasts a $250,000 Bitcoin price in 2025 and $1 million by 2030. Discover the key factors driving Bitcoin's potential massive price increase.

bitcoin

Bitcoin news

Bitcoin Price

prediction

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Exclusive: CMC Markets Adopts Convrs’ WhatsApp Integration in Client Service Push

News Discussion Forum

By Finance Magnates

Exclusive: CMC Markets Adopts Convrs’ WhatsApp Integration in Client Service Push

CMC Markets, the publicly listed retail trading company (LSE: CMX ), has implemented Convrs' messaging platform to enhance its client communication capabilities across multiple channels, FinanceMag...

Conv.rs

CMC Markets

messaging

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Blackbird Boards the Airwallex Rocket with a $60M Agreement

News Discussion Forum

By Finance Magnates

Blackbird Boards the Airwallex Rocket with a $60M Agreement

Blackbird, Australia’s VC juggernaut joins the Airwallex party with a reported $60M investment as the fintech sits at $6 billion-plus valuation.

Airwallex

Blackbird

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The Big Winners of eToro IPO: Who’s Set to Gain the Most?

News Discussion Forum

By Finance Magnates

The Big Winners of eToro IPO: Who’s Set to Gain the Most?

eToro is preparing to go public at a valuation between $3.7 billion and $4 billion. Up to $500 million worth of shares will be offered, with the company itself receiving half of that amount (before...

etoro

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TMGM Proudly Joins as Gold Sponsor of #YumiStanap Vanuatu 2025

News Discussion Forum

By Finance Magnates

TMGM Proudly Joins as Gold Sponsor of #YumiStanap Vanuatu 2025

The event spotlighted strategies for fostering economic development, and unlocking Vanuatu’s full potential.

TMGM

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Saxo Appoints Former Plus500 and Alpari Executive as UK Head of Compliance

News Discussion Forum

By Finance Magnates

Saxo Appoints Former Plus500 and Alpari Executive as UK Head of Compliance

Saxo has appointed Michelle West as its new UK Head of Compliance. She will oversee the company’s risk and compliance operations in the region.

moves

MOVE

industry move

executive moves

executive move

Saxo

retail

Alpari Plus500

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PrimeXBT Expands MT5 Offering with Over 100 New Trading Instruments

News Discussion Forum

By Finance Magnates

PrimeXBT Expands MT5 Offering with Over 100 New Trading Instruments

57 additional Forex pairs covering minors, crosses, and exotics & 8 new indices were added

PrimeXBT

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Two More Prop Firms Open CFD Brokerage in Saint Lucia to Offer MetaTrader 5

News Discussion Forum

By Finance Magnates

Two More Prop Firms Open CFD Brokerage in Saint Lucia to Offer MetaTrader 5

. . MetaTrader undoubtedly remains the dominant platform among retail traders. This is perfectly illustrated by the efforts of prop firms which, after more than a year's hiatus from offering the po...

prop firms

proprietary trading

Metatrader 5

metaquotes

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Blackbird Hops Onboard the Airwallex Rocket with a $60M Agreement

News Discussion Forum

By Finance Magnates

Blackbird Hops Onboard the Airwallex Rocket with a $60M Agreement

Blackbird, Australia’s VC juggernaut joins the Airwallex party with a reported $60M investment as the fintech sits at $6 billion-plus valuation.

Airwallex

Blackbird

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Tickmill Veteran Exits After 8-Year Tenure for Deriv Position

News Discussion Forum

By Finance Magnates

Tickmill Veteran Exits After 8-Year Tenure for Deriv Position

Loukas Priovolos has taken on a new role as Financial Reporting Manager at Deriv, following an eight-year tenure at Tickmill where he most recently served as Group Financial Controller.

Tickmill Deriv

exec

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FINOM Tops $200 Million in Funding With New General Catalyst Deal

News Discussion Forum

By Finance Magnates

FINOM Tops $200 Million in Funding With New General Catalyst Deal

The Dutch banking provider Finom has secured $105 million (€92 million) in growth funding from General Catalyst's Customer Value Fund, the company announced today (Wednesday).

FINOM

funding round

payment

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Sucden Financial Boosts Dividend by 50% as Return on Capital Nearly Doubles

News Discussion Forum

By Finance Magnates

Sucden Financial Boosts Dividend by 50% as Return on Capital Nearly Doubles

Sucden Financial Limited has released its full annual report for the year ended December 31, 2024, revealing better financial condition and strategic expansion beyond the headline figures announced...

Sucden Financial

2024

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My Forex Funds Case Takes a New Turn: CFTC Sends Involved Staff on “Administrative Leave”

News Discussion Forum

By Finance Magnates

My Forex Funds Case Takes a New Turn: CFTC Sends Involved Staff on “Administrative Leave”

The US Commodity Futures Trading Commission (CFTC) has placed four lawyers and one investigator on administrative leave due to allegations of misconduct in the fraud case against Traders Global Gro...

my forex funds

prop firms

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Cor Prime Appoints Tim Bevan as CEO, Eyes Institutional Digital Asset Lending Launch

News Discussion Forum

By Finance Magnates

Cor Prime Appoints Tim Bevan as CEO, Eyes Institutional Digital Asset Lending Launch

Cor Prime, a recently launched venture by Deus X Capital, appointed seasoned finance executive Tim Bevan as its CEO. The move comes as the firm gears up for its go-live phase and positions itself a...

Cor Prime

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IronFX UK Doubles Revenue to $1.4 Million in 2024, Net Profit Slips Slightly

News Discussion Forum

By Finance Magnates

IronFX UK Doubles Revenue to $1.4 Million in 2024, Net Profit Slips Slightly

Notesco UK Limited, which operates the brokerage brand IronFX in the UK, has released its financial results for the year ended 31 December 2024.

ironfx

retail

retail brokers

retail forex

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eToro Appoints Yaki Razmovich as Managing Director for Singapore and Asia

News Discussion Forum

By Finance Magnates

eToro Appoints Yaki Razmovich as Managing Director for Singapore and Asia

eToro appointed Yaki Razmovich as Managing Director for Singapore and the wider Asia region. Razmovich brings more than 20 years of experience in financial services, with a deep focus on Asia’s reg...

etoro

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With Argentex Sold for Nearly £3M to IFX Payments, Former CEO Launches B2B FX Startup

News Discussion Forum

By Finance Magnates

With Argentex Sold for Nearly £3M to IFX Payments, Former CEO Launches B2B FX Startup

Just months after Argentex's near-collapse, its former chief executive, Harry Adams, is back in the industry. Adams has launched a new London-based FX firm, Tenora, aiming to overhaul the way bus...

Tenora

Argentex

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DogeOS Raises $6.9 Million in Funding Round Led by Polychain Capital

News Discussion Forum

By Finance Magnates

DogeOS Raises $6.9 Million in Funding Round Led by Polychain Capital

The funding round will help launch Dogecoin App Layer.

Funding

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Webull Adds Visa Direct for Instant Transfers; Expands into Binary Event Contracts

News Discussion Forum

By Finance Magnates

Webull Adds Visa Direct for Instant Transfers; Expands into Binary Event Contracts

Webull (Nasdaq: BULL), an online investment platform, has announced a partnership with Visa to integrate Visa Direct into its US operations.

Webull

retail FX

retail

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Crossover Markets Expands to the U.S. as Crypto Regulations Ease Under Trump

News Discussion Forum

By Finance Magnates

Crossover Markets Expands to the U.S. as Crypto Regulations Ease Under Trump

Amid more friendly crypto regulations in the US, Crossover Markets, the crypto asset trading technology firm, is preparing to launch its services for the US clients for the first time, Bloomberg re...

Crossover Markets

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BurjX Receives In-Principle FSRA Approval, Integrates Fireblocks Security

News Discussion Forum

By Finance Magnates

BurjX Receives In-Principle FSRA Approval, Integrates Fireblocks Security

BurjX, a UAE-based digital asset brokerage, has received In-Principle Approval from the FSRA of Abu Dhabi Global Market (ADGM).

cryptocurrency

MENA

ADGM

FSRA

Abu Dhabi

Abu Dhabi Global Market

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Inside Q1/2025: Top FX/CFD Websites and Asia’s Growing Influence

News Discussion Forum

By Finance Magnates

Inside Q1/2025: Top FX/CFD Websites and Asia’s Growing Influence

Asia now drives 66.6% of FX/CFD site traffic. Explore key trends, top platforms, and what this shift means for brokers and traders in Q1 2025.

Finance Magnates Intelligence

qir

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Why Is XRP Going Down? 5 Reasons Behind the XRP Price Decline in May 2025

News Discussion Forum

By Finance Magnates

Why Is XRP Going Down? 5 Reasons Behind the XRP Price Decline in May 2025

XRP News: Why is XRP going down? Explore the reasons behind XRP’s price drop to $2.08 on May 6, 2025, including bearish technicals, macroeconomic fears, and ETF delays

ripple. xrp

XRP

XRP News

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iFX EXPO International 2025: The Global Hub for Online Trading Innovation Returns!

News Discussion Forum

By Finance Magnates

iFX EXPO International 2025: The Global Hub for Online Trading Innovation Returns!

Demand has once again exceeded expectations, with the expo floor already sold out.

iFX EXPO International

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Rapyd Onboards Ex-Israel Securities Authority Attorney to Legal Team

News Discussion Forum

By Finance Magnates

Rapyd Onboards Ex-Israel Securities Authority Attorney to Legal Team

David Woliner has joined Rapyd, a global payments company that provides fintech services to businesses, as Senior Payments Legal Counsel.

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MOVE

industry move

executive moves

executive move

Rapyd

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eToro’s $4B IPO: Too Pricey for Europe, a Bargain in the US?

News Discussion Forum

By Finance Magnates

eToro’s $4B IPO: Too Pricey for Europe, a Bargain in the US?

After months of speculation, eToro has finally kicked off its public listing roadshow. The Israeli trading platform is targeting a valuation between $3.

etoro

robinhood

broker

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“Forever an eTorian” Shir Shalom Moves to $140 Billion Asset Manager

News Discussion Forum

By Finance Magnates

“Forever an eTorian” Shir Shalom Moves to $140 Billion Asset Manager

Shir Shalom, who recently departed from eToro after nearly four years in leadership roles, has been appointed as Head of the Economic Department at Phoenix Financial.

etoro

Phoenix

executive move

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CFTC Folds Its Hand in Election Betting Showdown with Kalshi

News Discussion Forum

By Finance Magnates

CFTC Folds Its Hand in Election Betting Showdown with Kalshi

The U.S. Commodity Futures Trading Commission ( CFTC ) has moved to voluntarily dismiss its appeal against Kalshi, effectively allowing the New York-based derivatives trading platform to continue o...

Kalshi

CFTC

event contracts

Predictions

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Billionaires' Secret Swiss Accounts Just Cost UBS $511 Million

News Discussion Forum

By Finance Magnates

Billionaires' Secret Swiss Accounts Just Cost UBS $511 Million

UBS Group AG (UBS) has agreed to pay $511 million to resolve a U.S. investigation into tax evasion practices at Credit Suisse, the Swiss bank it acquired last year.

ubs

Credit Suisse

DOJ

US Department of Justice

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Broadridge Deploys Autonomous AI Agents to Tackle Settlement Efficiency

News Discussion Forum

By Finance Magnates

Broadridge Deploys Autonomous AI Agents to Tackle Settlement Efficiency

Broadridge Financial Solutions (NYSE: BR ) has upgraded its OpsGPT platform with new AI agent capabilities focused on fails research, inventory optimization, and email automation to help financial ...

Broadridge

Broadridge Financial Solutions

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Ex-BDSwiss Executive’s CFDs Broker Sees Dubai’s Potential: Establishes Holding Company

News Discussion Forum

By Finance Magnates

Ex-BDSwiss Executive’s CFDs Broker Sees Dubai’s Potential: Establishes Holding Company

Sky Links Capital, a forex and contracts for differences (CFDs) broker established by a former BDSwiss executive, has formed and incorporated its holding company, Sky Links Holding Ltd, in the Duba...

Sky Link Capital

dubai

BDSwiss

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OpenAI’s New Structure Aims to Attract Billions While Preserving Mission

News Discussion Forum

By Finance Magnates

OpenAI’s New Structure Aims to Attract Billions While Preserving Mission

After months of internal debate, public scrutiny, and a lawsuit from Elon Musk, OpenAI has chosen a hybrid structure that keeps its nonprofit parent in charge while inviting investments into its fo...

OpenAI

AIMS

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News Discussion Forum

By Finance Magnates

eToro Confirms US IPO, Aims to Raise $500 Million at $4B Valuation

eToro Group said today (Monday) it was targeting a valuation of up to $4 billion in its initial public offering in the United States, as the retail trading platform finally moves ahead with its lon...

etoro

fintech

AIMS

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Worldcoin Ordered to Delete Biometric Data in Kenya Over Privacy Breach

News Discussion Forum

By Finance Magnates

Worldcoin Ordered to Delete Biometric Data in Kenya Over Privacy Breach

A Kenyan court has ruled that Worldcoin must erase biometric data it unlawfully gathered from thousands of citizens, in a major regulatory pushback against the cryptocurrency-linked identity projec...

Kenya

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