FX week in review: Sports partnerships, FXTB fine, Saxo trading volumes, FXFlat sold, ACY IPO plans, MT4/MT5 prop firm trouble

FX week in review: Sports partnerships, FXTB fine, Saxo trading volumes, FXFlat sold, ACY IPO plans, MT4/MT5 prop firm trouble

The dawn of the new football season in Europe has brought with it a number of new partnerships and sponsorships from Retail FX and CFDs brokers, with firms such as CFI, Axi, Spreadex, Equiti, ZERO Markets, and TrioMarkets inking new deals. Sports sponsorship has become an increasingly important branding tool in recent years for brokers.

Also this week at FNG…

Why was CySEC licensed broker FXTB fined £276K – by the UK’s FCA?

Why did Copenhagen based broker Saxo Bank stop publishing its monthly client trading volumes – a practice it had been religiously following since 2014?

Who acquired Germany based, BaFin licensed CFDs broker FXFlat?

What “significant step” did Australia based broker ACY Securities say it took toward an IPO of its parent company ACYLogix?

Which prop firm shut down, after stating that its executing broker Eightcap will no longer be supporting MT4 and MT5 for prop trading?

Some…
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