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News
IG Group Appoints Qu Zhao as CEO of IG Securities Japan
Leading UK online broker IG Group has appointed Qu Zhao as the new CEO of its Japanese subsidiary, IG Securities Japan.
Apr 16, 2026
GBE Brokers Acquires JFD Client Base in Strategic Expansion Move
GBE Brokers has announced the acquisition of nearly all clients and intermediary structures of JFD Group Ltd, operating under the JFD Brokers brand, as part of an asset deal.
Apr 15, 2026
XTB Secures UAE CMA Licenses to Expand Regional Brokerage Services
XTB Financial Services LLC, has obtained Category 1 and Category 2 licenses from the UAE Capital Markets Authority.
Apr 13, 2026
Italian Watchdog Consob Orders Blackout of 12 Unauthorised Financial Websites
Italy’s securities regulator, Consob, has ordered the blackout of 12 websites as part of its ongoing crackdown on financial abuse.
Apr 10, 2026
FP Markets Cuts Less Than 7% of Staff as Brokerage Layoffs Spread
Australian CFD broker FP Markets has reduced its global workforce by less than 7%
Apr 09, 2026
ASIC has shut down over 25,000 malicious websites
ASIC coordinated the removal of 11,964 phishing and scam websites in 2025, a 90% increase from 6,270 takedowns in 2024—equivalent to around 32 fraudulent sites taken down daily. Since launching its di
Apr 08, 2026
South Korea Tightens Crypto Exchange Rules After Bithumb Error
South Korea is tightening oversight of crypto exchanges after a major operational error exposed systemic risks.
Apr 07, 2026
Seychelles FSA Tightens Broker Rules with Higher Capital and Stricter Compliance Measures
The cost of maintaining a Seychelles FSA licence has also increased, with annual fees rising from $3,000 to $6,000, further reinforcing the regulator’s push for higher-quality market participants.
Apr 03, 2026
IG Group names Andrew Biggs as Trading Director
IG Group has appointed Andrew Biggs as its new Trading Director, as the broker looks to strengthen its trading operations and global strategy.
Apr 02, 2026
Hong Kong Charges 10 More in JPEX Crypto Fraud Case
Police in Hong Kong have charged 10 additional individuals in connection with the JPEX cryptocurrency scandal, the city’s largest alleged financial fraud in recent years, with total losses exceeding H
Mar 27, 2026
Taurex Appoints Robbie Ensor as Finance Director
Retail FX and CFDs broker Taurex has announced the appointment of Robbie Ensor as its new Finance Director, strengthening its leadership team amid ongoing global expansion.
Mar 25, 2026
CNMV Warns of Three Unauthorized Investment Websites, Flags Clone Targeting IG Group
In particular, the regulator highlighted that ig-indexlimited.com operates as a clone firm.
Mar 24, 2026
Hong Kong Retiree Loses HK$6.6 Million in Triple-Layered Crypto Scam
A 66‑year‑old retiree fell victim not once, but three times to the same web of cryptocurrency fraud, losing a total of HK$6.6 million (approximately US$840,000) over a six‑month period.
Mar 23, 2026
HTFX Dismantles European Operations After CySEC Exit and FCA Licence Cancellation
HTFX is accelerating its withdrawal from Europe, following the official renouncement of its licence with the Cyprus Securities and Exchange Commission (CySEC) earlier this month. The broker has also a
Mar 17, 2026
Zeal Group(Traze and ZFX) Appoints Ahmed Pasha as Global Head of Risk and Trading
Zeal Group has appointed Ahmed Pasha as its new Global Head of Risk and Trading, strengthening its management team following recent organizational changes.
Mar 16, 2026
XS.com Appoints Former Exness Executive Simon-Peter Massabni as Head of Retail Sales
Retail FX and CFDs broker XS.com has appointed Simon-Peter Massabni as its new Head of Retail Sales.
Mar 16, 2026
IronFX Cuts 150 Jobs in Latest Round of Industry-Wide Layoffs
Retail FX and CFDs broker IronFX has reduced its workforce by approximately 150 employees, representing 10% of its global staff of 1,500, according to industry sources .
Mar 16, 2026
Traze Appoints Former GO Markets’ executive Naeem Afzal as Regional Sales Director
CFD broker Traze has appointed industry veteran Naeem Afzal as Regional Sales Director.
Mar 16, 2026
FSMA Warning: Fraudulent Trading Platforms Target Investors
The Belgian Financial Services and Markets Authority (FSMA) has issued a warning against a surge of fraudulent online trading platforms
Mar 13, 2026
CBI Takes Custody of Darwin Labs CTO Ayush Varshney in GainBitcoin Cryptocurrency Fraud Case
India's Central Bureau of Investigation (CBI) has taken custody of Ayush Varshney, co-founder and Chief Technology Officer of Darwin Labs Private Limited
Mar 12, 2026
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