
Joanna Frendo
Joanna Frendo, Chief Compliance & Risk Officer at Deriv since 2004, has led the acquisition of 5 licenses and built a 110 person compliance team. She advocates for regulatory harmonization in the...

Editor & Business Intelligence Analyst
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.

Joanna Frendo, Chief Compliance & Risk Officer at Deriv since 2004, has led the acquisition of 5 licenses and built a 110 person compliance team. She advocates for regulatory harmonization in the...

Wael Hammad, Group CCO of XS.com, is a Syrian FX/CFD veteran (since 2012) who champions a client first approach using new XS AI tools. He advocates for improved ethical trading and transparency across...

Deriv is a major global broker established in 1999 with 187M monthly trades and $650B monthly volume. It specializes in CFDs and derivatives, using MT5 and DerivTrader, and operates 20 offices...

Kama Capital, a global broker focused on the Middle East, boasts over 100,000 traders, 950 billion dollars in annual volume, and 4 global licenses. It exclusively uses the MT5 platform.

New broker Tauro Markets (2023), led by ex BDSwiss executives, offers forex, CFDs, and crypto. It is licensed in Kuwait/St. Vincent and aims for diverse asset offerings.

VT Markets, established in 2015, is a major global broker with a record monthly volume of $720B and 60M monthly trades. It is regulated by ASIC, CySEC, and FSCA, and is known for its multiplatform...

In Q3 2025, Libertex Group launched LBX, an offshore CFD broker regulated by the Mauritius FSC, specifically targeting emerging markets like Latin America and Southeast Asia. LBX recorded its highest...

Q3 2025 regulatory focus intensified, with MFSA exposing compliance gaps in market abuse detection among Malta brokers. The FCA radically scaled enforcement (3,200% increase) using AI to target...

Exness held the top spot among trading apps in Q3 2025 with a score of 8.25, surpassing eToro (7.74). XM Markets recorded the strongest score improvement, rising over 6.5 percent to rank fifth,...

The FX/CFD Industry Performance Index dropped 2.7% in Q3 2025 to 7,386 points, driven by a sharp 38% decline in eToro shares (due to a 50% drop in net income) and an 11.9% fall in XTB shares....

The CFD/FX industry saw five major shifts in Q3 2025: 1) The UK CFD trading base shrank to 167K but became more highly engaged; 2) Tokenized stocks and 24-hour trading emerged as a major trend, with...

The Finance Magnates Intelligence Department collects and presents data on the most popular trading instruments from a selection of brokers. The presented figures represent an average across all...

Prop firms distributed over $54M to traders in Q3 2025, rebounding strongly from Q2. FundedNext became the new payout leader ($18.5M), narrowly surpassing MyFunded Futures ($16.2M), as the top three...

The APAC region lost its market share dominance in internet traffic to CFD brokers' websites, falling to 36.7% in Q3 2025, allowing Europe to regain the top position with 37.7% for the first time...

Kazakhstan is establishing itself as a key Central Asian financial hub, attracting crypto giants like Binance and Bybit, who operate local platforms under AFSA licenses. The AFSA (Astana Financial...

The Cayman Islands, regulated by CIMA, strengthened its reputable offshore status by launching Phase Two of its VASP (Virtual Asset Service Providers) framework in April 2025. This move integrates...

CFI Financial entered the Azerbaijani market by acquiring and rebranding a local firm (AzFinance Investment Company). Azerbaijan, with a $75B GDP, is primarily oil/gas dependent but is working to...

Ghana's SEC is developing a new framework to regulate and license retail forex trading, which will make it the third country in the region (after South Africa and Kenya) to formally oversee the FX...

The top 10 proprietary trading firms distributed over $48 million to traders in Q2 2025, marking a slight dip from the $55 million paid in the previous quarter, but demonstrating robust sector...

As financial markets soared to record heights in 2024, over 5 million thrill-seekers turned to CFD trading, fueling broker stocks to historic peaks and transforming Poland into an unexpected global...