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FCA issues warning on unauthorised firm Summit Capital
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FCA issues warning on unauthorised firm Summit Capital

The UK Financial Conduct Authority has issued a warning about an unauthorised firm named Summit Capital. The regulator states that the firm may be providing or promoting financial services or products in the UK without FCA permission and may be targeting UK consumers.

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Wikilix Editorial Team
FCA issues warning about unauthorised firm PrimeArb Ai
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FCA issues warning about unauthorised firm PrimeArb Ai

UK authorities have issued a warning about PrimeArb Ai, a firm providing or promoting financial services without FCA authorisation. The regulator cautions that dealing with this firm could leave consumers exposed to scams and without access to key protections.

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Wikilix Editorial Team
ACCM Posts Record $2.14 Trillion Trading Volume in Q1 2026
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ACCM Posts Record $2.14 Trillion Trading Volume in Q1 2026

CFD broker ACCM reported a record trading volume of about $2.14 trillion for the first quarter of 2026, driven by strong activity across markets. March contributed $1.2 trillion, with gold and oil trading reaching new highs.

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Wikilix Editorial Team
ASIC bans former Sydney financial adviser John Morgan for five years
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ASIC bans former Sydney financial adviser John Morgan for five years

ASIC has banned former Sydney financial adviser John Morgan from providing financial services for five years after finding he gave inappropriate advice and made false and misleading statements to clients. The ban, linked to advice involving the Shield Master Fund, took effect on 21 October 2025 and has been recorded on the Banned and Disqualified Register.

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Wikilix Editorial Team
FCA targets illegal peer-to-peer crypto trading in London operation
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FCA targets illegal peer-to-peer crypto trading in London operation

The FCA has conducted its first joint operation targeting illegal peer-to-peer crypto trading across multiple London locations. Working with HMRC and SWROCU, the regulator issued cease and desist letters at eight premises and gathered evidence for ongoing criminal investigations.

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Wikilix Editorial Team
Trading 212 Revenue Jumps 72% in 2025 as User Activity Surges
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Trading 212 Revenue Jumps 72% in 2025 as User Activity Surges

Trading 212 reported a 72% revenue increase in 2025 to £277.6 million, alongside sharply higher profits. Growth in funded accounts, active users, and client assets accompanied increased spending on marketing, staff, and administration.

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Wikilix Editorial Team
New Zealand FMA joins global crackdown on unlawful finfluencers
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New Zealand FMA joins global crackdown on unlawful finfluencers

New Zealand's FMA has joined 16 global regulators in a coordinated campaign targeting unlawful finfluencer activity, focusing on misleading promotions, copy trading and luxury lifestyle content. The initiative has already led to content removals and service restrictions for New Zealand consumers.

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Wikilix Editorial Team
FCA issues warning on GOPA INVESTMENT TRADING LIMITED
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FCA issues warning on GOPA INVESTMENT TRADING LIMITED

The UK Financial Conduct Authority (FCA) has issued a warning about GOPA INVESTMENT TRADING LIMITED, stating the firm is not authorised. The regulator cautions that dealing with this firm may leave consumers without access to UK complaints and compensation protections.

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Wikilix Editorial Team
PropAccount adds U.S. equities to white-label prop trading platform
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PropAccount adds U.S. equities to white-label prop trading platform

PropAccount.com has introduced equities trading to its white-label prop firm platform, enabling operators to run U.S. stock challenges alongside forex, futures and crypto. The move comes amid rising interest in stock-based prop programs and ongoing consolidation in the retail prop trading sector.

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Wikilix Editorial Team
CFI Financial Group Appoints Amr Abdelbaky as CEO of CFI Egypt
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CFI Financial Group Appoints Amr Abdelbaky as CEO of CFI Egypt

CFI Financial Group has appointed Amr Abdelbaky as chief executive officer of CFI Egypt, its locally regulated brokerage and bonds trading arm. The move underscores the Dubai-based group's focus on Egypt's growing retail investor base and follows a series of regional expansions.

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Wikilix Editorial Team
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