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NAGA Group AG, a top social trading platform, has reported €62 million in revenue for 2024. Despite global financial challenges, the company achieved a key milestone by reaching cash flow break-even, highlighting its improved financial stability. 25% Revenue GrowthThe company saw a 25% increase in
EBSWARE, a leading provider of technological solutions, has announced the integration of the popular TradingView platform into its prop trading system. This strategic move allows forex brokers to enhance their services by offering a flexible and user-friendly environment for traders participating in challenges and competitions.
In a strategic leadership move, HF Markets has appointed Hayel Abu Hamdan, former executive of Hantec Markets, as its new Chief Commercial Officer (CCO). This appointment is expected to shape the company’s future strategy and market presence, particularly in the highly competitive forex and CFD
Forex.com and City Index, under StoneX Group Inc.’s umbrella, have reported a significant 34% increase in revenue from FX and CFD trading for the fourth quarter of 2024. This notable performance highlights the growing interest and demand in the global trading market, particularly in forex
The global bond markets are in turmoil, causing widespread concern among banks, investors, and traders. According to a report by the Financial Times, U.S. 10-year Treasury yields surged past 4.5% before retreating, leading to significant valuation shifts in major portfolios. For traders, especially those in
In today’s financial landscape, copy trading continues to gain momentum as one of the most powerful tools in the trading world. The recent Brokeree webinar, titled “Debunking the ‘End of Copy Trading’ Narrative,” analyzed the increasing demand for copy trading services and how brokers can
In a significant move, FundedNext, one of the leading prop firms in the trading industry, is expanding into the brokerage sector. This transition comes with the appointment of Fotis Theodosiou as Chief Dealing Officer (CDO), a decision that demonstrates the company’s commitment to evolving with
In a groundbreaking move, FTMO, a global leader in proprietary trading, has acquired OANDA Global Corporation from CVC Asia Fund IV. This marks the first time a proprietary trading firm has taken over a major retail broker—an event that could redefine the trading industry. OANDA’s
In a major shift for the trading industry, MetaTrader, one of the most popular platforms for forex and CFD trading, has introduced a 25% fee increase. This move is set to affect both prop trading firms and independent traders who rely on the platform’s extensive
