fxcm News

The Australian Securities and Investments Commission has ordered to prevent FXCM's from offering CFDs to retail investors due to deficiencies in its target market determination.

In 2023, the company's turnover turned to a loss of $1.7 million from 2022's $10.7 million.

Constantina Konia will serve as FXCM Cyprus Compliance Officer/Anti-Money Laundering Compliance Officer.

Bobby Nachev has assumed the role of Vice President at Tradu, and Maryke Faulkner is the platform’s Group CFO now.

FXCM UK's 2022 comprehensive income rises.

FXCM Australia changed its name to Stratos Trading Pty. Ltd.

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FXCM's Cyprus branch has also rebranded to Stratos.

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The FCA licensed FX and CFDs broker Zenfinex has hired Michel Chabbouh as the company's CEO MENA. In his new position, Chabbouh will head the company's UAE based operations.

Investment bank, financial services provider, Jefferies Financial Group Inc, has filed its annual report for the year to end-November 2021 with the Securities and Exchange Commission (SEC), offering an update on Jefferies'involvement with FXCM Group LLC (FXCM).