logo |

News

    Home   >     Industry    >     Main body

    Broker Updates on Feb 22-28

    Abstract:Doo Prime just announced trading volume for the first month of 2021. According to reports, transaction volume in January reached 13.73 billion dollars, up quite a lot from the same period last year.

      Vietnam

      Trading Volume

      1. Doo Prime just announced trading volume for the first month of 2021. According to reports, transaction volume in January reached 13.73 billion dollars, up quite a lot from the same period last year. However, this figure is lower than the previous month (December 2020) with transaction volume reaching 16.69 US dollars. XAU/USD remains the most popular trading product. Given the volatility of market conditions recently, this is completely understandable.

      Financial Training Event

      2. On February 28, Boss Group cooperates with D.lion - Media & Solution to organize the opening training event for the chain of programs to spread investment knowledge in 2021.The content of the seminar will revolve around the issue of: The future of financial institutions and cash flow from 2021-2025. Here, Mr.Le Sy Tuan, Boss Group's strategic adviser, will share very carefully about money market overview including gold, stocks, cryptocurrencies, CFDs in the event.

    gaitubao_1_jpg.jpg

      Markets Expansion

      3. Think Markets has acquired FX firm branch in Japan, Japan affiliate. At the same time, the Think Markets office in Tokyo also announced the opening. This shows that the company will begin to penetrate the Asian market this year, the first step is in the country of cherry blossoms.Talking about the reasons for choosing Japan, a representative of Think Markets said: “Tokyo is one of the largest foreign exchange trading centers in the world. Think Markets scaling up here is therefore a necessary step for us to continue to expand globally ”.

      Indonesia

      Digital Commodity Regulation

      4. Ministry of Trade, through Trade Supervisory Agency Commodity Futures (Bappebti), is committed to providing legal certainty and protection, as well as business certainty in the digital commodity sector. One of them, through Bappebti Regulation Number 7 of 2020 concerning Determination of List of Crypto Assets that can be Traded in the Physical Market of Crypto Assets. This regulation aims to increase the credibility of the commodity futures trading industry (CPB) and create a conducive investment climate, especially in facing global competition in the era of the digital economy.

    2.png

      Thailand

      Crypto Trading Qualifications

      5. The Securities and Exchange Commission (SEC) is conducting a public hearing this month to determine qualifications for investors wanting to open a cryptocurrency trading account. The qualifications for cryptocurrency traders are to ensure new retail investors opening crypto trading accounts have sufficient financial buffers to absorb risk from volatile price swings.

    3.png

      Japan

      Transaction Data

      6. Japan Transaction Data (January 2021)

      Number of Over-The-Counter Retail FX Margin Trading Operators : 51(January 31, 2021)

      Volume :443906 billion JPY

      Open Positions(as of the end of the month) : 8037.6 billion JPY

      Short :4059.6 billion JPY

      Long : 3977.9 billion JPY

      Commonwealth of Independent States (CIS)

      FX Competition

      7. Based on the results of the initial stages of the competition, the main winner was the trader who raised his capital to one million! The broker awarded the trader a bonus prize of $ 1,500 and a cash reward of $ 750. He, like everyone else, started with 10,000.

      Trading Commission

      8. Fibogroup announced that it will introduce a commission of 15% of the amount credited to the account as a manager's fee on the cTrader Copy trading platform from 6.03.2021.

    Latest News

    United Arab Emirates Dirham

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United Arab Emirates Dirham
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.