Broker Updates During May 3-9

Vietnam

Zulu Trade Available

1. Zulutrade is the largest social network trading platform in the world, allowing its users to find successful traders ranked by ZuluRank, an algorithm that accurately assesses performance and copy trades orders within their real account. Now Zulutrade is available on Forex FinmaxFx. Investors who want to experience this form can visit the FinmaxFx website to try it out.

Share CFDs

2. MT4 trading broker Juno Markets has expanded its selection of stock CFDs with big names from the US, including Starbucks, Tesla, Nike, Pfizer and Zoom. These in-demand equities will give retail traders access to shares experiencing both volume and volatility.

CIF License

3. MPS Marketplace Securities Ltd regains CIF (Licensed Investment Firms in Cyprus) License after over a year of suspension. The financial market regulator suspended the financial services company‘s license in September 2019 under the suspicions of several alleged violations, which potentially risked clients’ funds held by the firm. Then, the regulator highlighted the threat to the orderly operation and integrity of the market.

Indonesia

Registered Crypto Exchanges

4. The Commodity Futures Supervisory Agency or Bappebti issues a list of cryptocurrency marketplaces registered in Indonesia. Following are the names of the 10 Crypto Asset Trader companies registered with Bappebti (Prospective Traders):

• PT Indodax Nasional Indonesia (INDODAX)

• PT Crypto Indonesia Berkat (TOKOCRYPTO)

• PT Zipmex Exchange Indonesia (ZIPMEX)

• PT Indonesia Digital Exchange (IDEX)

• PT Anywhere Door (DOOR)

• PT Luno Indonesia LTD (LUNO)

• PT Cipta Koin Digital (KOINKU)

• PT Tiga Inti Utama

• PT Upbit Exchange Indonesia

• PT Bursa Cripto Prima

Thailand

Websites Blocked

5. Consob, the securities market regulator in Italy, announced that it has blocked a further five websites providing financial services in an illegal manner in the country.

The red-flagged platforms are Italiano Invest, which operates with the domain name www.italianoinvest.net and secure.italianoinvest.net; EZ2GO Ltd, operating with www.capitalfx.co and client.capital.co; Ozava Partners LTD, operating services with goldmanbanc.com; Pro Star, offering services under www.ictrades.co; and New Traders Holdings, operating with the domain www.newtradersholdings-fx.com.

USG Rebranding

6. Union Standard International Group (USG), which is in the middle of liquidation in Australia, announced its rebranding to United Strategic International Group on Tuesday.

The rebranding has probably pushed to drop the tainted USGFX brand, which has created a ton of controversy with its Australian operation. The entity entered into voluntary administration in July 2020 and entered into liquidation after a month as it lost its Australian Financial Services (AFS) license.

Japan

Transaction Data

7. Monthly Trading Volume & Open Positions for Over-The-Counter Retail Margin FX Trading.

Currency Pair：All

The data in this file are a summary of figures reported by Association members participating in the monthly statistical report on Over-The-Counter Retail FX Margin Trading, published by The Financial Futures Association of Japan (FFAJ).

Commonwealth of Independent States (CIS)

Financial LiteracyDevelopment

8. FINAM took part in the marketing program of the Moscow Exchange aimed at developing financial literacy and promoting investment in stock market instruments. Within the framework of cooperation, FINAM will help in the development and promotion of educational programs of the Moscow Exchange, in particular, its information and educational project “School of the Moscow Exchange”.

Admirals App

9. The Admirals team announced that the revolutionary Admirals app is now available on Huawei devices! To start using the app, you need to download and install the app from the Huawei App Gallery, transfer funds in the app or via the Trader's Cabinet in a web browser to a mobile account that is created when you first log into the mobile app.