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Last week, Karma Prop Traders, a newly established proprietary trading firm, unexpectedly announced its closure, sending shockwaves through the trading community. However, in a surprising twist, just days after this announcement, Balapatabendi disclosed that Karma is now engaged in advanced discussions with a leading prop firm that may acquire Karma's client accounts.
IBs provide valuable services that attract new clients to brokers, earning them a share of the revenue generated. But how exactly do introducing brokers make money?
The phrase "high risk, high reward" is often tossed around in the trading world, serving as a mantra for those chasing substantial gains in the financial markets. However, this is a statement that should not be taken lightly.
VT Markets partners with Newcastle United in a global alliance, unveiling a special jersey to symbolize growth and innovation.
FXTM Launches the First Olympic Trading Competition: Battle for the Trading Throne!
Admirals enhances MT5 with visible currency conversion fees, improving transparency. Traders can now clearly see and manage these fees directly on the platform.
The Philippine Peso strengthens, closing at P56.55 per dollar, as markets await Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Symposium this week.
Read our detailed MiTrade review to discover why this ASIC and CySEC-regulated broker is a top choice for forex, commodities, and more. Explore awards and trading platforms.
Beware!! FCA issued a warning on August 20, 2024, against this firm. The authority stated the firm is not authorized by the Financial Conduct Authority, but it is still providing service to the UK.
The UD dollar continues to weaken ahead of today‘s FOMC minutes and Fed chair Jerome Powell’s Jackson Hole appearance on Friday
GO Markets is an Australia-based Forex and CFDs broker founded in 2006. The broker provides 1000+ tradable CFD instruments including forex, shares, commodities, indices, metals, and treasuries. GO Markets is regulated by the ASIC in Australia, the CySEC in Cyprus, the FSC in Mauritius, and the FSA (Seychelles).
The Malaysian police have recently uncovered a sophisticated investment scam operating under the guise of 'Pantheon Ventures,' an elaborate scheme that has been aggressively promoted across Facebook and Instagram, with reported losses totalling over RM14.9 million (approximately USD 3.4 million).
Explore why International ETFs are top picks for investors, offering global diversification, emerging market exposure, and currency benefits with manageable risks.
Pay attention! This is a warning to all investors and traders. The Canadian Securities Administrators (CSA) have issued a warning to ten illegal firms that operate in the FX market and sell their services.
As the retail prop firm industry faces a wave of closures and operational suspensions due to licensing issues with trading platforms, Astra Capital Group has stepped forward, offering to take over troubled prop firms and their traders, with a single condition attached.
In a heartfelt gesture of community care and support, the STARTRADER team visited Pertubuhan Kebajikan Rasa Sayang Selangor in Malaysia, delivering essential supplies and warm wishes to the children under the centre’s care.
Learn how to accurately convert Ethereum to USD with our essential guide. Understand market influences and use reliable converters to make informed investments.
OTFX, an Australia-based broker with around two years of trading experience, has recently come under scrutiny for its questionable practices.
The recent US-China financial stability agreement enhances forex market stability and trading opportunities by improving transparency and cooperation.
Admiral Trades, a name that has previously drawn the ire of the forex trading community, is once again at the center of controversy. Despite past warnings, this broker continues to operate in ways that severely undermine trader confidence and security.