Forex & Trading News
Latest market insights, broker updates, and trading analysis.
Two More Senior Exits at Axi as the Head of New Business and the UK Compliance Chief Depart
Axi lost global Head of New Business Stuart Cooke and UK and EU compliance head Katie le Roux at the end of July. Both sat on the FCA entity board.
Pepperstone Raids Xero for a New CTO as the Broker Bets Its Future on AI Native Technology
Pepperstone named Xero engineering chief Nigel Fernandes as CTO, effective 1 October 2026, to drive an AI native proprietary technology push.
July FX Volumes Crush Last Year as CLS Settles $2.66 Trillion a Day and Cboe Jumps 26 Percent
FX volumes in July 2026 beat last year across every major venue. CLS settled $2.658 trillion daily, Cboe rose 25.9 percent and CME listed FX gained 9 percent.
Kraken Parent Payward Grows Revenue 17 Percent While Trading Volume Falls 18 Percent, and Buys a Prop Firm
Payward posted $508 million in Q2 2026 revenue, up 17 percent, while platform volume fell 18 percent. It also bought prop trading firm Breakout.
UFX Operator Reliantco Fined 95,000 Euro by CySEC for Failing to Act in Its Clients' Best Interests
CySEC fined Reliantco Investments, the operator of UFX, 95,000 euro for failing to act in its clients' best interests. Of all the duties a broker carries, this is the most fundamental — and a fine for breaching it is a finding about the character of the firm.
MBX PRO Joins the Financial Commission and Buys Its Clients a 20,000 Euro Safety Net, With Limits
MBX PRO is now an approved Financial Commission member with compensation cover up to 20,000 euros per complaint. The announcement names no state regulator.
cTrader Hands the Keys to AI Agents as Spotware Launches a Command Line for Trading
Spotware launched cTrader CLI, letting Claude Code, Codex, Cursor and other AI agents manage orders, run cBots and trade live accounts through MCP servers.
XTB Studies a Systematic Internaliser Model That Would Bring Client Stock Orders in House
XTB is examining a systematic internaliser model to execute stock and ETF orders against its own inventory, months after a 20 million zloty KNF fine.
FXGM Operator Depaho Fined 270,000 Euro by CySEC Over Organisation, Conflicts and Order Execution
CySEC settled a 270,000 euro case with Depaho, the operator of forex broker FXGM, over failings in how the firm was organised and how it handled clients’ orders, and later moved to suspend the firm’s licence. Execution is where a broker’s conduct touches your money most directly.
Fxview Operator Charlgate Settles With CySEC for 50,000 Euro Over the Protection of Client Funds and Order Execution
CySEC reached a 50,000 euro settlement with Charlgate, the operator of Fxview, over the protection of client funds and order execution in 2024. These are the two areas where a broker's conduct most directly touches a trader's money.
StoneX Buys Banco Travelex and Takes Aim at the Brazilian FX Market
The owner of FOREX.com and City Index is buying Banco Travelex, the first bank in Brazil dedicated to foreign exchange, in a deal moving $6 billion a year.
ASIC Suspends GFA Capital Markets for Five Months After Client Money Was Mixed With Company Funds
ASIC suspended GFA Capital Markets' AFS licence from 23 July to 18 December 2026 after finding client money mixed with company funds and reporting failures.