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Forex Trader News of the Week

Posted on 2022-11-082022-11-08 By xiaoya No Comments on Forex Trader News of the Week

ASIC revokes AFS licence of Woodsdale Corporation Pty Ltd

The Australian Securities and Investments Commission (ASIC) today announced the revocation of the Australian Financial Services (AFS) licence of Woodsdale Corporation Pty Ltd, which was granted an AFS licence on 9 July 2002 with licence number 220133.

The official announcement stated that ASIC made the decision to withdraw the listing because Woodsdale Corporation Pty Ltd has not provided financial services since 2017. ASIC said the regulator has the power to revoke AFS licences held by a body corporate if it ceases to carry on the business of financial services.

Woodsdale Corporation Pty Ltd may apply to the Administrative Appeals Tribunal for a review of ASIC’s decision to withdraw its listing.

Launch of ‘+Insights’ on Plus500’s OTC Platform


Global multi-asset fintech group Plus500 announces the launch of its innovative ‘+Insights’, a new big-data analytical tool, designed to provide customers with access to real-time and historical trends, based on the Group‘s base of over 23 million registered customers. ’+Insights‘ is now accessible to all clients through the company’s over-the-counter trading platform, as a complementary service across its web app, iOS and Android offerings.

The release of ‘+Insights’ is the latest in a long series of innovative product developments making up Plus500‘s array of advanced proprietary technology solutions driving the Group’s popularity to new heights. Despite the economic uncertainty dominating the financial markets, the multi-asset fintech firm has seen its H1 2022 revenue soar 48% from $346.2 million reported in the same period a year ago to $511.4 million.

Showing consistent growth throughout Q3 of 2022 regardless of the insipid market conditions, the market leader recorded $709.5 million in revenue, 27% higher compared to the same period a year earlier ($557.6 million).

With a robust customer income, which in Q3 of 2022 reached $149.4 million, the company has proven that customer engagement is the linchpin of its business. The Group‘s continued investment in its ESG framework is evidenced by the offering of Plus500’s ‘+Insights’.

This new tool illustrates the fintech Groups responsiveness to challenging market conditions and ability to integrate customer feedback into a compelling product release centered around customer care, education, and enhanced trading experience.

MetaQuotes: MT5 Web Terminal Is Still Available For iPhone Users


MetaQuotes says that traders can fully manage their trading accounts from a mobile device, even if they are using an older version of the iPhone or a different browser. The only way they can’t accomplish this is by installing an app, at least in the Apple environment.

According to the business, the new MetaTrader 5 Web Terminal is quicker and operates better than before. The application has been completely redesigned, not merely optimized. The redesigned core has allowed for speedier command responsiveness and increased operational stability. According to MetaQuotes, using the online terminal is secure since all information transferred is encrypted.

MetaQuotes says that the new MetaTrader 5 Web gives customers a full-featured trading interface where they can:

Work with both demo and real accounts.

Receive any financial symbol quotations

Execute trading activities in any financial market

Using over 30 indicators, analyze symbol quotations.

Use Economic Calendar data for basic analysis.

All of these capabilities are accessible on any mobile browser. The famous “night” motif is also supported.

forex news Tags:Forex Brokers, forex news, Forex trading

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