Forex & Trading News
Latest market insights, broker updates, and trading analysis.
CySEC Withdraws Itrade Global Licence Two Years After a One Million Euro Fine Over Its Spanish Agent
CySEC withdrew the licence of Itrade Global, the company behind retail trading brands TradedWell and InvestFW, in 2025 — two years after a one million euro fine over its Spanish tied agent. A licence renunciation looks tidy on its own. Read in full, it is the last chapter of a bad story.
CAPEX Owner Takes 75 Percent of NAGA in a Reverse Merger That Heavily Dilutes Existing Shareholders
In 2024 Key Way Group, owner of CAPEX.com, took about 75 percent of NAGA in a reverse merger, issuing 170 million new shares and heavily diluting existing holders.
CySEC Suspends 3anglefx Operator Triangleview in Full Over Money Laundering and Governance Failures
The Cyprus regulator has suspended in full the licence of Triangleview Investments, the firm behind the retail trading brand 3anglefx, over money laundering failures and deficiencies in the way the company was run. It is not the first time this broker has been in the regulator's sights.
ASIC Cancels the Australian Licence of CFD Broker Velos Global Markets After It Stopped Providing Services
ASIC cancelled the Australian financial services licence of CFD broker Velos Global Markets in 2025 after the firm stopped providing services under it from around May 2024. Regulated once is not the same as regulated now.
AfriMarkets Capital Stripped of Its South African Licence Over Misconduct and Client Fund Misappropriation
South Africa's FSCA has permanently withdrawn the licence of AfriMarkets Capital after finding it materially broke the country's financial laws, including through the misappropriation of client funds. The firm denies wrongdoing. The case is closely tied to the far larger collapse of Banxso.
Israel Fines AvaTrade's ATrade Arm for Unlicensed Services
Israel's securities regulator fined AvaTrade's local arm ATrade 500,000 shekels, plus a conditional fine, over providing services it was not licensed to give. Full detail.
Colmex Pro Pays 200,000 Euro to Settle a CySEC Case Spanning Authorisation, Conflicts and Client Disclosure
CySEC reached a 200,000 euro settlement with CFD broker Colmex Pro in 2025 over authorisation, organisation, conflicts of interest and client disclosure failings found across a two-year supervisory review. When a regulator settles across four load-bearing compliance areas for a substantial sum, the shape of the case tells you more than the absence of an admission does.
FSCA Fines JP Markets 100,000 Rand for Letting Clients Trade CFDs It Was Not Properly Authorised to Offer
South Africa's FSCA fined forex broker JP Markets 100,000 rand for enabling clients to trade CFDs on forex, shares and indices without proper OTC derivatives authorisation. The question to ask any broker: are you actually authorised to sell me this?
NAGA Cofounder Yasin Qureshi Is Sentenced Over the Cum Ex Tax Scandal Linked to His Earlier Bank
NAGA cofounder Yasin Qureshi was sentenced in 2024 over the Cum Ex tax scandal, tied to his earlier role at Varengold Bank. He left NAGA in 2019. Full context.
AvaTrade Settles With Canada Alberta Regulator and Disgorges Its Revenue Over Unregistered CFD Trading
AvaTrade settled with the Alberta Securities Commission in 2020 over unregistered CFD trading, paying 30,000 dollars and disgorging 213,428 dollars in revenue.
Banxso Placed Into Final Liquidation as South Africa Fines It and Its Directors More Than R2 Billion
Banxso, the South African CFD broker at the centre of one of the country's largest retail trading scandals, has been placed into final liquidation. A court has declared the company hopelessly insolvent, the regulator has fined it and its directors more than 2 billion rand, and the matter has been referred to the police for criminal investigation.
FxNet Pays 225,000 Euro to Settle With CySEC Over Compliance Failures Across Its Retail Trading Business
CySEC secured a 225,000 euro settlement from FxNet (FXNET Limited), operator of EMS Brokers and NessFX, over compliance lapses found in a 2021 to 2022 review. It is not the firm's first penalty from the regulator — a pattern worth knowing about before funding an account.