This past week’s FX and CFD industry news was once again dominated by the prop trading firms, as the chaos in the prop sector has effectively “spilled over” into the CFDs business. Prop firms are all working hard (and fast) to redo broker relationships and move their clients to other trading platforms (from MT4 and MT5) after MetaQuotes has moved to remove prop-initiated business from its books.
However there was lots more, including a couple of Retail FX and CFD brokers acquiring licenses in South Africa, and a number of broker and B2B firms adding executives including iSAM Securities, Finalto, BidX Markets, and CPT Markets.
Some of the most read and commented-on FX/CFD industry news stories to appear over the past seven days on FNG included:
