It is the beginning of the second quarter of the year, which means it’s time for the quarterly reports with the unprofitability percentage from the forex brokers. Most of the brokers have already updated their risk warnings stating the loss percentage, although some of them are yet to add their values on the websites. The provided percentage shows the numberRead More
Category: Brokers
3 Ways Online Tools Empower You to Start Trading
What is one of the most powerful tools that allows you to trade without breaking the bank? INFINOX Managing Director, Jay Mawji, highlights how technology plays a critical role in helping Africans trade, and what you should look for in a trading partner. “Accessibility, accountability and affordability. These are the 3 keys to understanding howRead More
Oil Rally Continues, How High Will It Go?
As of Wednesday, West Texas Intermediate (WTI) crude oil has been seeing gains for eight consecutive days, and at the time of writing is trading near 58.60 USD. Oil gained 135% in February alone, making it one of the best-performing commodities. Last April, WTI dropped below zero with the subsequent front-month contract trading at aroundRead More
10 Gifts 2020 Gave Traders
When we look back on 2020, we’ll probably remember COVID-19, the sudden virus outbreak that tanked markets and crashed economies. The future looked painfully uncertain, and it dramatically affected almost every aspect of our normal everyday life. Despite the dark clouds and many weathered storms, 2020 had its share of silver linings too. For millionsRead More
Technology drives an inclusive trading market
INFINOX Managing Director, Jay Mawji, explains that technological advancements have allowed everyday people the opportunity to trade without breaking the bank, and highlights key takeaways of what clients should be looking for in an online trading partner. Gone are the days of being in the know and wheeling and dealing with the stressed out stockRead More
Online broker Infinox Capital to expand in Africa after launching in Nigeria
Infinox Capital, a global online brokerage, has announced plans to launch an African hub in South Africa and expand into key economic African countries, namely Namibia, Botswana, Mozambique, Tanzania and Ghana. This follows its recent launch of operations in Nigeria. According to Jay Mawji, Managing Director of Infinox Capital, the decision is attributed to theRead More
2021, a Fresh Start for the Markets or More of the Same?
It’s been a roller coaster ride of a year for the financial markets, with crashes, losses, and unprecedented volatility. West Texas Intermediate (WTI) crude oil prices went negative at one point and still trail below 50 USD. The USD took a big hit, along with the GBP and EUR. The Forex market remained uncertain for mostRead More
Is CSR a Sign of a Broker’s Integrity and Work Ethic?
The role of corporate social responsibility (CSR) is growing in global corporations, and has over the years become infused with their identity. Giving back is more than a small charitable act, but rather a reflection of a company’s overall ethos. While every business is – and has to be – focused on profits, perhaps well-performingRead More
GO Markets obtained Mauritius Investment Dealer Licence
GO Markets continues its strategic expansion into the Middle East, Africa and Asian region. GO Markets obtained an Investment Dealer Licence in Mauritius on 20 February 2020 from the Financial Services Commission (FSC). Mauritius has established itself as an International Financial Centre (IFC) of excellence and repute for Africa and Asia. The evolution of MauritiusRead More
CySEC has suspended Prior Capital Cy Ltd license
The Cyprus Securities and Exchange Commission announces that the authorisation of the Cyprus Investment Firm Prior Capital Cy Ltd, number 221/13, is suspended in whole. Prior Capital Cy Ltd operates the brands PriorFX and Prior Capital. The main reason for the license withdrawal was the regulator’s suspicions of alleged rules violations and the company’s possibleRead More

