XTB sees 71% rise in Q4 net profits
XTB Group released its preliminary financial figures for 2020 at the beginning of February this year. In addition to reporting record revenues and earnings, the company also recorded the highest numbers of active clients. The average number of active clients (those who completed at least one transaction in the previous three months) was 72,346 at the end of the fourth quarter of 2020. In a Quarterly Intelligence Report published by Finance Magnates, this outcome allowed the XTB Group to move up to fifth place in the ranking of the major worldwide brokers in terms of active clients.
The forex trading chart pattern can be used to help a trader reads the market analysis. It is a technique commonly used to read the movement of a market price that gives accurate and simple results. The accuracy of this indicator will be higher than other traditional candlestick patterns. It is an integral aspect of the analysis of the technique itself.
A turbulent month in the financial markets is coming to an end. Traders will now look ahead to a fresh month of news events, starting with this week. Here are the top 3 things to watch out for!
Following a rather dismal second half of 2020, X Trade Brokers Dom Maklerski SA, the operator of the XTB.com and X Open Hub brands, has revealed early financial figures for Q1-2021, indicating a considerable increase in activity and profitability.
Warsaw-based FX brokerage, XTB plans to kick off its operations in South Africa in the second half of the year, Polish financial and business website Bankier.pl reported.
For European authorities, offshore onboarding to avoid ESMA and FCA standards is still a major concern. As FinTelegram has often pointed out, CySEC, in particular, has had an issue with this method for years. A.N. All News Investments Ltd d/b/a A.N. All News Investments Ltd d/b/a A.N. All News Investment LegacyFX is a CySEC-regulated CIF that works with offshore mutations to attract European clients. Their offshore broker is AN All New Investments (VA) Ltd in Vanuatu. However, the CySEC-regulated entity processes all of this offshore broker's card transactions. Here's the latest news!
When we talk about money management tactics to protect funds, we are talking of ways of safeguarding your hard-earned funds. Protecting the money from people or situations can lead to the loss of funds. What this means is that even your bank account or other personal resources should be safeguarded from theft risks.
Forex operations, as well as forex scams, have expanded dramatically because a big number of forex organizations realized there was a land of opportunity in the market. The processing of withdrawal requests taking longer than expected, as well as no response to emails or phone calls, are usually early symptoms that something is amiss with your broker.
With platforms such as XTrend, forex trading is no more a daunting task. One can buy or sell using a smartphone without brokerage services.
XTrend Speed, has won the "Fastest Growing Online Forex Broker- Asia, 2022" and "Best New Forex Trading Platforms- Europe, 2022" for the year 2022. The felicitation ceremony will be held at the Palm Jumeirah - Waldorf Astoria in last quarter of 2022 in Dubai.
Every trader has a forex account in one of the web forex brokers. So, traders should know how to manage it. It is important to develop this business. So, you important to know the forex account management. So, they can manage it online. Thus they covered a large forex market.
The Austrian Financial Market Authority FMA has issued an investor alert on the scam broker StarkMarkets (www.starkmarkets.com), which is purportedly run out of Sofia, Bulgaria by Krisimark Ltd and SWISSGEM Ltd.
OmegaPro's products and services allow you to trade in over 70 different currencies, as well as major, minor, and exotic currency pairs. Among them are some of the market's most important and powerful currencies. OmegaPro began by specialized in Forex trading, but has now extended to include Indices, Shares, Commodities, ETFs, and other choices. OmegaPro continues to grow its reach in the financial sector thanks to their customers' trust and skill in creating a first-class trading environment.
For Mauricio Vattuone, attaining Black Diamond rank isn’t his biggest achievement. According to him, it’s the growth of his team “Momentum Pro.”
The need for investment in learning and evolving has never been more insistent for keeping a profitable trading journey.
How to Train Your Trading Psychology for Mastering the Market
Thus traders should choose a right broker that help you to create decisions. You cannot create the right decisions without knowing the market condition.
Trading psychology is a decision in making transactions that are influenced by mental, thought, and behavior. It is an aspect that will affect a person's way of thinking at the time of decision making.
Many people are confused to choose the best broker therefore they should know one of references are review from client so important to know forex broker review.