Brokerage News & Updates

Digital wealth manager, Moneyfarm has introduced thematic investing which will allow customers to invest in a series of growth-oriented themes covering Technology, Sustainability, Society, or a mix of all three, known as Multi-trend. Moneyfarm believes this will allow customers to target growth and boost their portfolios by adding an additional level of customisation to their investments.

In conjunction with Moneyfarm, Saxo Markets will provide access to mutual funds for M&G Wealth &me customers. Saxo is the custodian bank for Moneyfarm and has been working with the online wealth manager for the last eight years. M&G Wealth &me mutual funds The new service will offer M&G Wealth &me clients access to some

Multi-asset trading platform eToro has entered the UK ISA market in a collaboration with online wealth manager Moneyfarm. eToro’s UK clients will now be able to open a stocks and shares ISA, with Moneyfarm via the eToro platform. Unlike many other ISA offerings, the eToro and Moneyfarm product will be a discretionarily managed ISA. Meaning

Charles Schwab one of America’s largest retail stockbrokers is expanding the range of services it offers to UK investors, through the launch of its Managed Account Select product. Managed Account Select is a separate portfolio that’s managed on the client’s behalf. Charles Schwab will assist in stock selection and also offer access to fixed-income investing

Fast-growing margin trading broker Capital.com is adding more clarity to the way that it calculates its funding or overnight swaps charges. Currently, the broker calculates its funding charges without specifying how those rates are derived, but going forward, details of the formulas and reference rates will be available. Capital.com overnight financing charges Funding charges are

Hargreaves Lansdown has launched “Financially Fearless” a new initiative to coincide with International Women’s Day,  that aims to help close the gender investment gap between men and women. What is the gender investment gap? Men and women invest differently, men have historically been more inclined to invest, and have had more money to invest when

CMC Invest, the recently launched share dealing and investing app, from CMC Markets, has announced a new, innovative and hassle-free ISA and trading account transfer service. The new initiative is 100% digital and does away with the paper chain associated with ISA and trading account transfers. CMC Invest wants to speed up, and increase transparency,

The online money transfer platform, Wise, has revealed a fresh green brand identity with new logos, website, app layouts, fonts and colour schemes. Wise has completely updated the look, feel and messaging of its branding The new look is described by Wise as being bold and clean in shades of green, and one where international

Interactive Brokers, the Nasdaq-listed online trading platform that has operations in the US, Europe and Asia, has launched its revamped IBKR Campus a dedicated website that provides a comprehensive suite of free educational and technical resources for traders and investors, whether they are clients of the broker or not. The IBKR Campus contains a wide

Saxo Markets will stop paying interest on free cash balances below £10,000 but is not capping higher interest rates for larger customers. Free cash is classified as the excess cash on an account that’s not invested or being used as margin. How does Saxo Markest compare to other brokers? Read our expert Saxo Markets review

Fineco Bank, which operates one of Europe’s largest online trading brokerages, has launched a new high-end dealing platform called FinecoX. The next-generation trading software features customisable screen layouts, dynamic charting and multi-asset trading. Interested in Fineco Bank? Read our Fineco Bank expert review FinecoX has has professional-level customisation, tools and data The trading and price display

Pan-European online trading platform flatexDEGIRO has been fined for operational and managerial shortcomings by the German financial services regulator BaFin, following an audit of the company. BaFin said last year that it saw deficiencies in the organisation and management of the brokerage and instigated a special audit of the firm. The regulator provided flatex with

Israeli fintech and LSE-listed CFD broker Plus500 has announced a new share buyback program, which it believes will highlight the board’s confidence in the company, its financial strength, its prospects, and what the firm describes as “the significant operational and financial momentum achieved by Plus500 over recent years”. Plus500 will spend as much as $70.0

Rio Tinto (RIO) slashed payout to shareholders Rio Tinto (RIO), the world’s second largest miner with a market value of £100 billion, has recently slashed its dividend as revenue and cash from its mining operations dropped. Before we proceed, a short summary of Rio Tinto’s activities is in order. The company is a major seller

Saxo Bank has entered China via a strategic partnership with Guotai Junan Securities, one of the country’s largest investment banks and securities traders. The deal was structured by Saxo’s Singaporean division, Saxo Markets Singapore, which is run by CEO Adam Reynolds. Under the deal, Guotai Junan’s Chinese clients will gain access to Saxo’s global markets

Interactive Brokers a US-based online securities brokerage with operations in Europe and Asia has announced a partnership with Sinopac Securities, one of Taiwan’s leading securities trading firms. Interactive Brokers have been named as the primary international broker for the Taiwanese firm. Want to know more about IBKR? Read our Interactive Brokers review Why would Sinopac

Fast-growing CFD trading platform Capital.com unveiled a new office this week located in the heart of London’s upmarket St James’s district. The new headquarters comprises 21,000 square feet of accommodation, which is described as cutting-edge and has been custom designed for the firm, with more than 20 meeting rooms, acoustic pods, quiet zones and even