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Broker News | Latin America and Asia Lead INFINOX 125% New Users Growth in 2022

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Broker News | Latin America and Asia Lead INFINOX 125% New Users Growth in 2022

#Industry
01 French Regulator Warns against FX Trading Robots

The regulator received several reports against these platforms.
These illegal platforms offered unrealistic returns of up to 400 percent per year.

02 Step into the Spotlight of Fintech in Bangkok with iFX EXPO
iFX EXPO Asia 2023 is the premier event for business networking and collaboration in the financial and fintech space.

03 Plus500 Kicks Off Share Repurchase under New $70M Program
The broker finished a $60.2 million share buyback program.
It is also distributing $30 million as dividends.

04 TipRanks Launches ETF Research Tools for Investors
The firm introduced research tools for stocks 10 years ago.
TipRanks is getting 'very strong demand' for the new tools from North America and the UK.

 

#Broker

01 Latin America and Asia Lead INFINOX 125% New Users Growth in 2022

The global broker's first-time deposit jumped by over 200% in Latin America.
INFINOX Capital posted a 150% growth in revenue in fiscal year 2022.

02 NFA Slaps $350K Fine on GMG Brokers and Its CEO
The company and the two employees settled by paying the penalty.
The other employee has been facing an NFA membership ban for four months.

03 Polish Court Upholds XTB's $2.2m Fine over Differential Slippage from 2018
The fine was initially imposed five years ago.
XTB appealed the decision in court but to no avail.

04 Admirals Ends 2022 with Record Revenue despite Poor H2
The broker ended the year's second half with a net loss of €0.5 million.
It added 16,113 new clients in 2022.

 

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