Market news
Crypto, stocks, forex and macro, aggregated for traders.
XS.com adds Kasem Hekal to Dubai commercial team as Senior Business Development Manager
Multi-asset broker XS.com has appointed Kasem Hekal as Senior Business Development Manager in Dubai, adding more than 15 years of financial services experience to its MENA commercial team.
Scope Prime Hires LP Prime's Ashraf Mushasha to Sell Liquidity in MENA
Scope Prime has brought in Ashraf Mushasha from LP Prime to drive liquidity sales across the Middle East and North Africa, targeting brokers and institutional counterparties in the region.
Former IG, Citi and Stater Executive Ramy Soliman Launches Stablecoin Startup
Former Stater Global Markets CEO Ramy Soliman has co-founded Saleem, an Abu Dhabi stablecoin payments venture targeting aid and wage payouts to basic mobile phones, starting with Gulf-to-Levant and Pakistan corridors.
Alpari to Meet Traders and Partners at Forex Expo Dubai 2026
Alpari will take part in Forex Expo Dubai 2026 on 22–23 September at Dubai World Trade Centre, with MENA Regional General Director Nahid Yousefi representing the broker at Booth 147.
INFINOX rebrands around a provocative idea: Trading is not for everyone
INFINOX repositions its brand around the message that "trading is not for everyone", while Capital.com eyes UK crypto, Devexperts wins Indonesian approval and Tickmill UK revenue slips.
eToro and Alpaca Get SEC Staff Relief for Brokerage Accounts That Hold No Cash
SEC staff granted no-action relief to eToro USA Securities and Alpaca Securities for brokerage accounts that hold no customer cash, setting minimum net capital floors of $5,000 and $250,000 respectively.
Weekly Review: Trustpilot Flags One in Five Retail Brokers; iFOREX Cuts H1 EBITDA to $1.4m
Trustpilot placed warning banners on 21 of 100 retail broker profiles reviewed, iFOREX trimmed its first-half EBITDA estimate to about $1.4 million, and AvaTrade confirmed it is closing its Polish branch.
Taiwan Central Bank Holds at 2% with Hawkish Tone as Flows Dominate
OCBC strategist Christopher Wong says Taiwan’s CBC left its policy rate at 2% for a tenth straight quarter, raised 2026 growth and inflation forecasts, and flagged sticky services inflation.
Taiwan CBC Holds Rate at 2.0% for Tenth Straight Meeting
Taiwan's central bank kept its policy rate at 2.0% for a tenth consecutive meeting while flagging inflation risks, according to Commerzbank analysts.
Korean Won Under Pressure From Foreign Equity Outflows, OCBC Says
OCBC strategist Christopher Wong says the Korean won remains heavy against the US dollar as foreign investors keep selling Korean equities and elevated post-FOMC US yields add pressure.
BoJ's Dovish Rate Hike Drives Yen Sharply Lower
Scotiabank strategists note the Japanese yen fell sharply against the US dollar after the Bank of Japan delivered a 25bp rate hike with a dovish tone.
CMC Markets to Launch Prop Trading Services on 1 October
CMC Markets Funded will open its simulated trading evaluation programme to the public on 1 October 2026, with Dubai-based True North Tech named as operator and CMC Markets Singapore as exclusive brokerage partner.
Hantec Prime Reports Trading Volume Up Over 300% in 2026 with 42+ Institutional Clients
Hantec Prime says year-to-date trading volume has climbed more than 300% in 2026 while it added 42 institutional clients since December, at a pace of two to three new firms per month.
Scope Markets Hires Former Tradeview Analyst to Run Its MENA Research and Marketing
Scope Markets has appointed Ibrahim Hossny as head of research and marketing for MENA, tasking the former Tradeview analyst with Arabic-language content and trader engagement from Dubai.
Alpari Invites Traders and Partners to Connect at Forex Expo Dubai
Alpari will attend Forex Expo Dubai 2026 on 22–23 September at Dubai World Trade Centre, welcoming traders and Introducing Brokers at Booth 147, represented by MENA Regional General Director Nahid Yousefi.
OANDA's Global Marketing Chief Joins FXTM
FXTM has appointed Darren Moffett, who ran global marketing at rival OANDA for nearly five years, as chief marketing officer. He will work from London and lead brand and client growth.
"I Simply Believed": Octavian Patrascu on Clearing NAGA's Clutter and Returning to Profit
NAGA has moved into profitability after its 2023 reverse merger with CAPEX.com brought in almost $20 million, CEO Octavian Patrascu said, with AI now anchoring the broker's next growth phase.
Exness introduces a new way to explore trading psychology at Forex Expo Dubai 2026
Multi-asset broker Exness will showcase its new Exness Trader Archetypes concept at Forex Expo Dubai 2026 on 22–23 September, using an immersive booth to explore how traders approach the markets.
ThinkMarkets Hires Former MultiBank CMO to Lead Growth Marketing
ThinkMarkets has recruited a former MultiBank chief marketing officer to head growth marketing, topping a daily recap that also covers NAGA, Revolut, iFOREX and AvaTrade.
Dubai Broker APC Prime Hires XS.com's MENA Director as Global CEO
APC Prime has appointed Shadi Salloum, formerly XS.com's MENA regional director, as global CEO, tasking him with leading the Dubai broker's expansion beyond the Middle East and North Africa.
Cyprus Regulator Adds Former FxPro Lawyer to Board as New Chair Takes Over
Andrea Moundi Savvides, until 2018 a senior corporate lawyer at FxPro, has joined the Cyprus Securities and Exchange Commission board alongside a new chairman and vice chairman.
iFOREX Cuts First-Half Earnings Estimate to $1.4 Million After Accounts Review
The London-listed CFD broker cut its first-half adjusted EBITDA estimate by about $1 million to roughly $1.4 million after an interim accounts review, while holding full-year guidance at $0.5 million to $2.5 million.
iFOREX Cuts H1 2026 EBITDA Estimate, Maintains Full-Year Guidance
iFOREX now expects H1 2026 Adjusted EBITDA of about $1.4 million, down from $2.4 million, but leaves its full-year 2026 guidance of $0.5 million to $2.5 million unchanged.
AvaTrade to Close Its Poland Branch Office
AvaTrade is closing its branch office in Poland, while iFOREX has cut its first-half earnings estimate, in a day of mixed broker and trading-platform news.