Funded trading has become a ubiquitous offering in the retail space, helping empower traders of all levels of expertise. With more opportunities than ever before, many traders are opting to join funded trading programs, necessitating the need for reliable providers. Finance Magnates checked in with Axi Select for their take on its growing free funded […]
Author Archives: BooBee
The Securities and Exchange Commission (SEC) appointed Katherine Reilly as Acting Inspector General (IG), filling a crucial oversight role at the federal financial regulator, the agency announced this week. SEC Names Katherine Reilly as Acting Inspector General in Key Oversight Role Reilly, who currently serves as Deputy Inspector General, will replace Deborah Jeffrey, who is […]
Sergei Riabov announced his departure from Revolut on LinkedIn today (Friday). He served at the company for almost three years, most recently as the Head of Wealth & Trading. “After almost 3 incredible years at Revolut, it’s time for me to step away. I’m proud of what we’ve built—a fast-scaling, international brokerage business that now […]
Publicly listed retail trading company Plus500 (LSE: PLUS) has appointed Nick Scarf as Chief Executive Officer (CEO) of its Australian entity, effective this month, as the company continues to strengthen its presence in the Australian market. Plus500 Appoints Marex Executive as CEO of Australian Operations Scarf joins Plus500 from Marex, where he most recently served […]
Moneta Markets, the multi-asset CFD broker renowned for low-cost trading and client-centred innovation, has boosted its cryptocurrency line-up by lifting leverage on BTCUSD and ETHUSD from 333:1 to a market-leading fixed 500:1. The upgrade, which went live on 17 May 2025, arrives on the back of Bitcoin’s surge past US $104,000 and the corresponding spike […]
Thought Leadership
Invictus Growth Partners Closes Oversubscribed Fund II with Funds Totaling $574 Million
25
May
May
● Second flagship fund closed above the original hard cap with strong support from existing investors and new investors comprising more than two-thirds of capital ● 83% of completed investments have been sourced with in-house developed AI platform, DIANE ● Invictus empowers previously bootstrapped cloud software, cybersecurity, and fintech companies with dedicated operating and data […]
INFINOX is proud to welcome Aditya Singh as the new Head of Product and Strategy, joining the firm as part of its refreshed senior management team driving the company’s next phase of growth. With over a decade of experience in the fintech and trading space, Aditya brings deep expertise in institutional strategy, product development, and […]
25
May
May
INFINOX, the global financial services firm, has reported a 233% increase in revenue for the period January – April 2025, compared to the same period in 2024 – a powerful indicator of the company’s accelerating momentum and global reach. The surge in performance is underpinned by a strategic focus on reinvestment, product innovation, and talent […]
25
May
May
FXIFY, the oldest broker-backed prop firm, is proud to celebrate its second anniversary, marking two years of industry-defining innovation, trader-first policies, and rapid global growth. Since its inception, FXIFY has paid out over $30 million to its traders and now serves a global community of more than 200,000 active users. In the first quarter of […]
Torrell Fernandes has joined Fusion Markets as Head of Sales. He shared the update today (Wednesday) on LinkedIn. In his post, Fernandes said he had taken some time away from the brokerage industry to focus on family and reset. He added that he is returning to the sector with a new perspective. Fusion Markets Hires […]