ProxyCoupons, known for bringing the best deals on proxy and VPN services, has officially announced an expansion that will see the platform evolve into a comprehensive destination for everything related to technology. This development marks a significant step forward for the site, which now offers users a much wider selection of tech, coupons, deals, and offers to help them save money on software, hardware, digital tools, and more.The expansion means that ProxyCoupons is no longer limited to providing discounts on proxies and VPNs. Visitors will now find tech news, product comparisons, tutorials, and buying guides across various categories. From cybersecurity tools and cloud services to productivity software, PC components, and streaming technology, the new content gives readers the ability to make smarter decisions while enjoying exclusive discount codes and promotions.The move was inspired by the growing demand for trustworthy sources of savings and insights in an era of rapid digital transformation. ProxyCoupons has built a loyal following by curating reliable deals on privacy tools and networking services. As the team observed a need among its audience for broader coverage, expanding to encompass all facets of tech was the natural next step. Beyond simple coupon listings, ProxyCoupons has evolved into an information-rich resource for tech enthusiasts and general consumers alike. Each category is carefully designed to highlight trusted vendors, honest product insights, and exclusive codes. The website also features helpful blog posts and expert reviews that break down complex tech products into easy-to-understand comparisons. Its goal is to empower every visitor to make well-informed choices while enjoying substantial cost reductions.As a one-stop destination for tech, ProxyCoupons offers users a seamless experience combining verified coupon codes, curated deals, and in-depth guidance. Whether readers are upgrading their cybersecurity setup, optimizing their workflow, or exploring new devices, they can depend on ProxyCoupons to deliver genuine savings backed by up-to-date information.Visitors of ProxyCoupons can explore multiple categories that reflect the company’s expanded direction. These include VPNs, proxies, hosting services, and a wide range of new segments such as software tools, gadgets, and e-commerce platforms. The website is continuously updated to feature the latest and most relevant promotions, with user-friendly navigation that makes discovering new offers simple and efficient.Each listing on the site undergoes a quality check to ensure authenticity, making it easier for visitors to find working discounts and deals from verified vendors. This commitment to reliability has helped ProxyCoupons build a reputation as a trusted online resource for tech savings. By expanding its coverage, the platform now serves a global audience looking for both affordability and quality in the rapidly changing tech market.ProxyCoupons also publishes industry news, tips for optimizing digital tools, and insights into trending products that help users stay ahead of technological shifts. Whether it’s comparing leading VPN providers, exploring cloud service bundles, or identifying the best productivity software, the platform provides valuable information that blends savings with expert advice.More information about ProxyCoupons and its offers is available at https://proxy.coupons/.About ProxyCouponsProxyCoupons is a leading online platform offering verified coupons, promotions, and reviews for VPNs, proxies, and now a full range of tech products and services. The website empowers users to discover the best deals while providing educational content to make smarter purchasing decisions. This article was written by FM Contributors at www.financemagnates.com.

Institutional foreign exchange trading volumes climbed to their highest levels in three months during October, with major platforms recording double-digit percentage gains as currency markets navigated a Federal Reserve rate cut, a prolonged U.S. government shutdown, and elevated dollar volatility ahead of the presidential election.FX Trading Explodes as Fed Cuts and Dollar Swings WildlyCboe FX led the surge with total volumes reaching $1.19 trillion and average daily volume of $51.8 billion across 23 trading sessions, representing a 10.2% increase from September. The Chicago-based venue capitalized on heightened activity in major currency pairs as traders positioned for the Fed's October 29 decision to lower rates by 25 basis points to the 3.75-4.00% range.The U.S. Dollar Index fluctuated sharply throughout October, initially weakening as the government shutdown entered its fourth week and delayed critical economic data releases.The dollar later recovered to close near 99.00 as safe-haven demand emerged from political instability in France and Japan, while the Fed's more cautious tone on future cuts provided support despite the rate reduction.In the meantime, the Bank for International Settlements published its triennial survey, which showed that global FX volumes rose to record levels, reaching $9.6 trillion per day.Tokyo Platform Posts Strongest Growth Since SpringTokyo Financial Exchange's Click365 platform recorded its most robust performance in months, with volumes jumping 39.9% to 1.99 million contracts and average daily volume reaching 86,575 contracts. The sharp reversal marked a dramatic turnaround from the summer doldrums that had plagued Japanese institutional activity.USD/JPY volumes climbed 32.5% month-over-month to 605,222 contracts as the pair tested key technical levels around 150 yen per dollar. Japanese retail traders showed renewed appetite for carry trades, particularly in higher-yielding emerging market currencies that offered substantial premiums over near-zero Japanese rates.The year-over-year comparison showed continued improvement, with total volumes up 16.7% from October 2024 levels, suggesting Japanese institutional appetite may be stabilizing after months of weakness.European Venues Show Divergent PerformanceDeutsche Börse's 360T platform posted total volumes of $780.9 billion with average daily volume of $34.0 billion, representing roughly a 2% decline from September's activity. The German venue faced headwinds from narrowing interest rate differentials between the European Central Bank and Federal Reserve that reduced hedging opportunities.Euronext FX recorded volumes of $564.1 billion with average daily volume of $24.7 billion, up about 6% from the prior month as European institutional traders navigated political uncertainty in France following the country's sovereign credit downgrade by Standard & Poor's. The euro traded in a wide range against the dollar through October before settling around $1.1560.FXSpotstream continued its steady climb with total volumes reaching $129.6 billion and average daily volume hitting $85.9 billion, marking a 3.5% monthly increase. Spot volumes rose to $85.9 billion while other products reached $43.8 billion, reflecting continued institutional preference for direct currency exposure over derivatives as volatility picked up. This article was written by Damian Chmiel at www.financemagnates.com.

Remittances today are far more than financial transfers; they are lifelines that sustain families, fund education, and support small businesses across the world. For millions of expatriates living and working across the UK and Europe, every transaction represents love, responsibility, and connection. ACE Money Transfer today reaffirmed its commitment to strengthening its European operations, reinforcing its mission to make global remittances faster, safer, and more human.This initiative reflects ACE’s commitment to combining innovation with empathy, turning remittances into the invisible bridges that create lasting opportunities for families worldwide.“When we send money, we don’t just send currency; we send love, education, and opportunity across borders,” says Rashid Ashraf, CEO of ACE Money Transfer. “With our growing European network, we’re strengthening this invisible bridge that keeps families united, even when separated by distance.”A Vital Role in the European EconomyThe UK and the European Union remain among the largest remittance-sending regions in the world, contributing an estimated USD 63 billion annually. Migrant workers across the region play a dual role in strengthening host economies while supporting their homelands through regular remittances that uplift millions of lives.Ashraf notes, “These workers are heroes of two nations. Their contribution fuels progress on both sides of the border.” He is actively focused on expanding ACE’s European presence and partnerships to further facilitate secure and affordable cross-border transfers.ACE Money Transfer: Trusted, Transparent, and GlobalHeadquartered in the UK and regulated by the Financial Conduct Authority (FCA), ACE Money Transfer operates in 29 sending and over 100 receiving countries, providing fast, secure, and affordable cross-border transfers.Since 2002, ACE has served millions of customers across Europe, Australia, Canada, and the Gulf, using cutting edge digital platforms to simplify the remittance experience. The company’s AI-driven technology ensures compliance, security, and real time transparency.Innovation with a Human PurposeAshraf emphasizes that technology should empower people, not replace them. “By combining innovation with compassion and compliance, we’re building a bridge that connects people, nations, and generations.”Looking ahead, ACE aims to expand its global reach, strengthen partnerships, and launch community driven initiatives that turn remittances into long-term opportunities for growth. About ACE Money TransferACE Money Transfer https://acemoneytransfer.com/ is a global remittance provider regulated by the UK’s Financial Conduct Authority (FCA). Since 2002, it has grown into a trusted name for millions of customers worldwide, enabling people to send money securely, quickly, and at low cost to support their families and communities back home.The company operates under strong regulatory oversight, authorised as a Payment Institution by the FCA in the UK, licensed by the Central Bank of Ireland, regulated by the Polish Financial Supervision Authority (KNF), and registered with AUSTRAC in Australia. With operations spanning dozens of sending countries and over a hundred receiving destinations, ACE continues to expand its global reach while keeping customer convenience, transparency, and innovation at the heart of its services.By combining compliance with care, ACE is committed to strengthening connections across borders and empowering expatriates and migrant communities around the world. This article was written by FM Contributors at www.financemagnates.com.

ATFX, a leading global online trading services provider, is pleased to announce the appointment of Line Ho Young Peteri as Vice President – Strategic Partnerships & Affiliates. Line will lead ATFX’s global affiliate and strategic partnership initiatives, driving growth and expanding the company’s commercial footprint.[#highlighted-links#]Line brings extensive experience in strategic marketing, affiliate management, and cross-channel business development. She most recently served as Senior Manager, Strategic Partnerships & Affiliation at Exinity, where she drove global affiliate growth and forged high-value partnerships. Over her career, she has built scalable marketing and sales platforms, integrated cutting-edge technologies such as blockchain to enhance customer engagement, and executed strategic initiatives across fintech, gaming, and digital marketing.Commenting on her appointment, Line Peteri expressed:"Joining ATFX at this dynamic stage of its global expansion is an exciting opportunity. I look forward to drawing on my experience in strategic partnerships and digital marketing to unlock new opportunities, enhance customer acquisition, and strengthen ATFX’s presence across key international markets."Siju Daniel, Chief Commercial Officer of ATFX, added:"Line’s track record in building strong partnerships, driving performance marketing strategies, and leading cross-functional teams makes her a perfect fit for this role. Her strategic vision and leadership will be instrumental in advancing ATFX’s global growth objectives."With Peteri’s appointment, ATFX aims to further expand its affiliate network, optimize commercial partnerships, and continue delivering innovative trading solutions to clients worldwide.About ATFXATFX is a leading global fintech broker with a local presence in 24 locations and holds 9 licenses from regulatory authorities, including the UK's FCA, Australia's ASIC, Cyprus' CySEC, the UAE's SCA, Hong Kong's SFC, South Africa's FSCA, Mauritius' FSC, Seychelles' FSA, and Cambodia's SERC. With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX delivers exceptional trading experiences to clients worldwide.For further information on ATFX, please visit ATFX website https://www.atfx.com. This article was written by FM Contributors at www.financemagnates.com.

Ruben Abitbol, former Head of Trading and Risk at The5ers and most recently an executive at PropFirmMatch, has launched RUBIK, a consulting practice focused exclusively on risk management for proprietary trading firms.The timing reflects mounting pressure on the prop trading sector, where between 80 and 100 firms shut down in 2024 alone. Abitbol believes most failures stem from poor cashflow management rather than malicious intent, with founders underestimating the lag between revenue generation and payout obligations."The revenue generated today will impact your payouts months later," Abitbol explained in an interview with FinanceMagnates.com. "As long as the company grows, you don't feel it. But when growth stabilizes or drops, your payout obligations catch up, and suddenly, your margins vanish."Risk Management as a Service ModelRUBIK operates on a Risk Management as a Service (RMaaS) model, providing external expertise that most prop firms cannot afford to maintain in-house. The approach addresses what Abitbol describes as a critical gap in the industry, where very few firms have internalized risk management capabilities."Only the largest players do," Abitbol said. "Smaller firms often try to handle it internally as part of operations, but that's a critical mistake."Unlike traditional finance sectors where standardized practices exist, prop trading operates without unified benchmarks or tools. Abitbol's service model allows firms to access sophisticated risk infrastructure without building entire departments, similar to how other financial services have moved toward outsourced or co-sourced operational functions.Abitbol spent over five years developing risk methodologies at The5ers starting in 2021, when standardized practices didn't exist in the nascent prop trading space. Before that, he traded commodity options at Futures First, giving him a trader's perspective that he says differs from the brokerage-focused backgrounds common among prop firm executives."I was in a fortunate position at The5ers, where I led risk during the very early stages of the industry, meaning nothing existed yet, and I had to build everything from scratch: defining what to measure, which metrics to monitor, and how to interpret them," Abitbol said.Although the service has only just launched officially, Abitbol says he is already working with more than a dozen companies at various stages of development, though he is not disclosing their names.RUBIK’s Three-Stage Advisory ModelFor pre-launch companies, Abitbol helps build infrastructure from scratch, including partner selection, challenge model design, pricing structures, and rule frameworks that form what he calls "the foundation of proper risk management in prop trading."For small firms that have launched but lack data or experience, he implements processes to improve sustainability. For larger operators, he provides external risk audits with industry benchmarking, offering what he describes as "a fresh, data-driven perspective" against industry standards.The practice focuses primarily on program balance and trading activity risk through two layers: deep data analysis to build business intelligence infrastructure, and continuous trading flow management to flag high-risk or toxic behavior."My risk management approach for prop firms covers more than just trading and margins," Abitbol said. "It also addresses technology risk, payments risk like chargebacks, and PR risk from targeted attacks by groups."Margins Improve by Half After ImplementationAbitbol claims several clients have improved margins by over 50% after implementing his protocols. In one case, a small firm operating at a 50% payout ratio, which he describes as dangerously high for smaller operations, was brought down to a steady 25-30% after his intervention."They were growing, but with no margin buffer," Abitbol added. "After I implemented my methodology, we brought the ratio down to a steady 25–30% yearly, effectively saving them from collapse."Industry data shows average payout ratios hover around 50%, consuming a massive portion of total expenses. As competition intensifies and firms lower prices while relaxing rules to attract traders, margins are being squeezed further. Abitbol notes that traders are also becoming more sophisticated in exploiting system weaknesses."Less than 1% of traders can bankrupt a firm if not identified and handled correctly," he said. "Without advanced detection systems and consistent review, these flows can destroy the business from within."No Standard Risk Model ExistsUnlike the forex brokerage world, where regulations, established technologies, and decades of experience have created clear risk protocols, prop trading operates without standardized practices. Every firm defines risk differently, creating what Abitbol describes as both fascinating and chaotic conditions."In Forex, you have all the cards on the table," he said. "Prop trading, on the other hand, is a completely new environment. There's no standard, no unified benchmark, and every firm defines risk differently."Abitbol's longer-term goal involves helping establish industry-wide benchmarks and standards. He notes that some technology providers are attempting to build risk engines for prop firms, but none are currently effective because they simply can't apply brokerage systems to asymmetric prop firm risk structures.Early-Stage Mistakes Prove CostlyAccording to Abitbol, firms in growth mode often prioritize traffic generation over risk management, sometimes partnering with affiliates who bring in what he calls bad actors. Revenue initially grows, but months later margins collapse as the firm pays out twice what it earned to cover abuse-related damage."I call this the 'smoke revenue' effect: you end up paying twice what you earned to cover the damage caused by abusers," Abitbol said. "When these firms start implementing proper risk measures, their revenue often drops because those bad actors stop coming, but that's a necessary correction."For mature firms, mistakes tend to be analytical, with companies misinterpreting cause-and-effect relationships in their data or underutilizing information altogether. The cashflow lag issue hits hardest when growth plateaus. Abitbol says the average trader requests a first payout roughly 2.5 months after registration."The number one reason for failure is misunderstanding cashflow lag," he said. "I truly believe most of these founders had good intentions. They entered the industry thinking it was easy, that early growth meant long-term success, but they misread the economics."Regulation Could Strengthen SectorAbitbol favors tighter regulation, arguing it would strengthen the space by allowing only sustainable operators to remain, benefiting both traders and firms. "I'm in favor of regulation," Abitbol said. "It will strengthen the space and allow only solid, sustainable players to remain, benefiting both traders and firms."He acknowledges that prop trading operates closer to gamified trading than traditional market activity, since it functions in a closed environment with defined rules rather than direct market exposure. "But that's exactly why having a solid risk framework and potential regulatory oversight is so important,” he added.As regulatory pressure increases and consolidation continues, Abitbol expects Risk Management as a Service to shift from competitive advantage to survival necessity. He already uses standardized benchmarks to assess whether firms are operating sustainably or heading toward failure."In time, Risk Management as a Service won't just be an advantage, it will be a necessity for survival." This article was written by Damian Chmiel at www.financemagnates.com.

OnEquity, a top-tier multi-asset institutional and retail brokerage firm, is pleased to announce the recent win of the “Best Multi-Asset Institutional Broker - APAC” accolade at the UF AWARDS APAC 2025 ceremony. The event follows a succession of previous awards commencing in 2024 and continuing through 2025. Some of the most noteworthy titles include:“Best Broker in GCC 2025” (AtoZ Markets)“Fastest Growing Broker in Africa 2025” (Finance Magnates Awards)“Most Transparent Forex Broker 2024” (Forex Expo Dubai)“Most Innovative CFD Trading Platform 2024” (International Business Magazine)“Best Multi-Asset Broker 2024” (International Business Magazine)“Most Reliable Forex Broker 2024” (AtoZ Markets)Acquiring these prestigious industry distinctions in a relatively short period of time solidifies the broker’s position as an international leader and brings its brand into traders’ focus. One of the key drivers of OnEquity’s success is its strong commitment to ethics and integrity. OnEquity holds licences from multiple respected financial regulators, including the Financial Services Commission (FSC) of Mauritius, the Seychelles Financial Services Authority (FSA) in the Seychelles and the Financial Sector Conduct Authority (FSCA) of South Africa. Operating in accordance with the requirements of these authorities, the broker upholds the highest standards of transparency and accountability. Its client-centric approach is evident in every aspect of its offering. The broker charges zero spreads and offers commission-free trading, which makes it attractive to the broader audience as well as to institutional investors and traders.Additionally, its “No hidden fees” policy supports its competitiveness, reflecting the financial firm’s ability to ensure fair pricing. Beyond price transparency and low spreads, traders seek diversification. With deep liquidity pools, OnEquity is known to provide seamless access to a broad range of CFD instruments based on stocks, indices, precious metals, commodities, Forex pairs, and cryptocurrencies. The dynamic leverage, which flexibly adapts to volatility conditions, can reach up to 1:1000, allowing traders to seize opportunities confidently during volatile times. A viable value proposition for traders in APACYet modern traders in APAC look for more than an execution venue. They want to feel empowered, not just to react to sudden market swings but to anticipate upcoming corrections. This is where OnEquity truly makes a difference. By ensuring real-time execution and minimal slippage, the broker empowers traders not only to jump on opportunities but also gives them the distinct advantage of best bid and ask pricing. In addition, OnEquity’s “Tools” section, grouping comprehensive insights into technical analysis, financial news, market commentary, and weekly outlooks into a unified resource centre, gives traders the clarity they need to make better-informed decisions.Institutional traders seeking superior PAMM technology will find a match in OnEquity’s PAMM solutions designed for both investors and money managers. Comprehensive reporting, risk management, and responsive support are among the core infrastructural benefits that OnEquity delivers as a standard. Most importantly, all client funds are safely kept in segregated accounts maintained with top-tier banks around the world. This ensures OnEquity clients have seamless access to their capital as and when needed. The broker also places a great emphasis on technology enablement. With OnEquity, traders have a broad choice of execution venues. From the industry standard MT4 and MT5 terminals to the advanced Equinix. Directly connected to state-of-the-art data centres like London’s LD 4 and LD 7, OnEquity’s trading environment provides institutional-grade stability and security at scale. The highest recognition in APACAn offering this far-reaching could not go under the radar. Following a public voting procedure that called to the polls the entire FX and fintech industry, the UF AWARDS APAC 2025 conferred the “Best Multi-Asset Institutional Broker - APAC” honour upon OnEquity. The prestigious award marks an important milestone for the broker as it solidifies its position in Asia-Pacific. A huge nod to the broker’s commitment to innovation, this award shines a spotlight on the qualities of a true industry leader, a title that many FX business players can only aspire to. The official announcement was made on 27 October in front of a distinguished audience of FX and fintech industry decision-makers and trend-setting business players in Hong Kong. Following the recent award win, Antonis Ioannou, CMO at OnEquity, commented: “It’s an honor for OnEquity to be recognized as the Best Multi-Asset Institutional Broker in APAC. This award reflects the dedication and excellence of our entire team, whose commitment continues to drive our success. As we expand our presence and partnerships across the Asia-Pacific region, this recognition underscores our focus on delivering institutional-grade services and innovative solutions that meet the needs of a fast-growing trading community.”With a strong value proposition to retail and institutional traders, OnEquity claims its rightful spot among industry leaders not only in Asia, through this award win, but also globally. Risk Disclosure: Trading in financial instruments involves substantial risk and may not be suitable for all investors. The value of investments is volatile and can result in total loss of capital. Investors should consider their financial situation, investment experience, and risk tolerance, and may seek professional advice. Past performance is not indicative of future results. This article was written by FM Contributors at www.financemagnates.com.

Bitcoin (BTC) price is falling very dynamically for the second consecutive session, losing a total of over 5% and violating the important support zone marked by July and August minimums. Today (Tuesday) November 4 2025, Bitcoin costs $104,288, a lower price than the October 17 crash, and we previously observed such low values at the end of June.Is this the end of the decline, or does Bitcoin still have room for further depreciation? And if so, why Bitcoin price it going down and how low BTC can go? I explore these questions in this article, drawing on more than ten years of experience as a cryptocurrency analyst and investor. My latest Bitcoin price predictions, however, are rather bearish.Why Bitcoin Price Is Going Down? Worst October in Decade Ends Rally StreakBitcoin began November under pressure after closing out its worst October in ten years. The cryptocurrency fell 3.69% in October, snapping a remarkable seven-year "Uptober" streak and marking only the third time Bitcoin closed October in the red.On average, October has historically delivered gains of 19.92%, while 2025 recorded a loss of 3.69%, representing a 23.61 percentage point underperformance relative to historical patterns.The broad-based decline shaved another $100 billion off total crypto market capitalization, now hovering near $3.56 trillion, with Bitcoin falling 2.8% in 24 hours while Ethereum dropped 6% to around $3,630, Solana led losses with a 10% slide to below $160 (extending its seven-day drop to more than 20%), BNB lost 6.4%, and XRP shed 5%.Technical Breakdown Below 200-Day Moving AverageAccording to my technical analysis, Bitcoin has fallen below the support grid marked by the 38.2% Fibonacci retracement, the 200-day exponential moving average (200 EMA), and horizontal levels. The terrain officially changes to bearish. With the 200 EMA breakdown, Bitcoin has an open road to retesting the psychological $100,000 level—representing June lows which combine with the 50% Fibonacci retracement.If this level doesn't hold and Bitcoin fails its ultimate test, I would expect further and stronger Bitcoin depreciation. How low can the cryptocurrency fall, however? At this moment, I would point to three potential levels or target ranges.How Low Can Bitcoin Go? BTC Price Prediction Targets $94K, Then $77K, Ultimately $74KMy first target is the area of the 61.8% Fibonacci retracement combined with the 100% Fibonacci extension, stretching from $92,000 to $94,000, which coincides with lows from late April and early May. The ultimate range of declines, however, is this year's April lows in the area of the $74,000-$77,000 zone, where Fibonacci extensions again align with us, and at this moment the 161.8% level.This would mean that Bitcoin, according to my forecasts, could slide from current levels by almost 30% and erase the entire upward rally observed over the last six months when it gained a total of 70%.Lacie Zhang, Research Analyst at Bitget Wallet, provided a more moderate outlook: "Market data and technical signals suggest Bitcoin may trade within a $94,000–$118,000 range in the near term. The lower bound represents a healthy retracement zone consistent with subdued ETF inflows, while the upper range reflects a measured recovery below the October high near $125K."You may also like to check my previous Bitcoin and crypto analyses:But Long-Term Bulls Remain ConfidentDespite the bearish near-term technical setup, Joel Kruger, strategist at LMAX, emphasized that the broader uptrend remains intact: "There's been a lot of talk about a bear market, and sentiment has certainly turned fearful. Yet when we take a step back, the broader picture remains far more constructive and upbeat. Despite recent volatility, nothing has changed in the underlying outlook. The current setbacks have done little to compromise what continues to be a powerful uptrend in Bitcoin."He noted that "Bitcoin has been in a sustained uptrend since 2023. Each pullback since that breakout has found strong support near the 50-week SMA, which also roughly aligns with the top of the Ichimoku cloud. On two occasions since 2023, bitcoin briefly slipped below this level, but in both cases, weekly closes recovered swiftly back above it."Why Bitcoin Is Falling?Federal Reserve Uncertainty Dampens Risk AppetiteThe Federal Reserve's recent actions and cautious messaging have contributed to broader risk aversion across markets. The Fed delivered a 25-basis-point cut last week as widely expected, but Chair Jerome Powell's restrained tone dampened risk appetite after he hinted that December's cut isn't guaranteed.This shift in expectations proved dramatic, the market's probability of a cut at December's FOMC meeting stood as high as 96% leading up to last Wednesday's decision, but after Powell's press conference, this dropped drastically to less than 70% chance. The collapse in rate cut expectations created headwinds for risk assets like Bitcoin that benefited from assumptions of continuous monetary easing.On-Chain Data Suggests Further Weakness AheadBeInCrypto's analysis of the Net Unrealized Profit/Loss (NUPL) metric shows how much profit or loss Bitcoin investors are holding. Currently, Bitcoin's NUPL sits at 0.47, the lowest level since April 8 when it fell to 0.42.During that earlier cycle, Bitcoin's NUPL declined in three stages: 0.48 on February 26, 0.44 on March 10, and 0.42 on April 8, before Bitcoin rallied from $76,000 to above $125,000. Critical Test at Bitcoin $100,000 Psychological LevelIf Bitcoin doesn't hold the psychological $100,000 level and fails its ultimate test, I would expect further and stronger Bitcoin depreciation toward my identified targets. The convergence of the 50% Fibonacci retracement, June 2025 lows, and the major psychological threshold creates a powerful support confluence that will likely attract significant buying interest.However, a sustained break below $100,000 would open the path to my first target zone at $92,000-$94,000 (61.8% Fibonacci retracement combined with 100% Fibonacci extension), representing late April and early May lows. From there, the ultimate downside targets sit at $74,000-$77,000, this year's April lows where the 161.8% Fibonacci extension falls.This would mean Bitcoin could slide from current $104,288 levels by almost 30%, erasing the entire upward rally observed over the last six months when it gained a total of 70%. While this represents a severe correction, it would align with historical Bitcoin drawdown patterns during consolidation phases within longer-term bull markets.Bitcoin Price Analysis, FAQWhy is Bitcoin falling today?Bitcoin dropped 2.13% to $104,288 Tuesday extending second consecutive session decline totaling over 5%, breaking below critical 200-day moving average $109,840 (now -5.1% below fragile support), after worst October in decade (-3.69% ending seven-year "Uptober" streak), triggered by Federal Reserve Powell walking back December rate cut expectations (probability collapsed 96% to below 70%), $100 billion crypto market cap loss, broader altcoin crash (Ethereum -6%, Solana -10%, XRP -5%), NUPL metric at 0.47 (lowest since April suggesting further weakness).How low can Bitcoin price go?According to my technical analysis, Bitcoin could decline 30% from current $104,288 to ultimate target $74,000-$77,000 (April 2025 lows + 161.8% Fibonacci extension erasing entire six-month 70% rally), staged breakdown: immediate test $100,000 psychological level (-4.1% combining 50% Fib + June lows), first target $92,000-$94,000 (-11.8% to -9.9% representing 61.8% Fib + 100% extension).Will Bitcoin drop below $100,000?Yes, it is possible. Bitfinex analysts warn "sustained break below $106,000-$107,000 range could send BTC back under $100,000," while my analysis shows breaking $100,000 (50% Fibonacci + June lows) opens path to $92,000-$94,000, though Kruger emphasizes "$103,000 50-week SMA leaving bitcoin still firmly in uptrend despite softness, additional weakness should be viewed as corrective not structural," with NUPL at 0.47 suggesting possible decline toward 0.42-0.44 by early-mid December before accumulation phase.Is Bitcoin a sell now?Yes. Trading below both 50-day EMA $113,549 (-8.9% overhead resistance) and 200-day EMA $109,840 (broken -5.1% bearish), my analysis forecasting potential 30% decline to $74,000-$77,000, volume 55.5% of average indicating distribution. This article was written by Damian Chmiel at www.financemagnates.com.

mBank upgraded his rating on XTB shares to "buy" from "sell" and raised his price target to 87 zlotys from 74 zlotys, according to Bloomberg data. The shift follows the Polish broker's third-quarter earnings, which showed profitability per lot falling to 152 zloty from 229 zloty in the second quarter. The preliminary results presented by the broker last week were the weakest since late 2022. The latest recommendation, however, focuses on positive projections for profitability per lot and a significant increase in the client base in October.XTB Upgraded to Buy as Analyst Raises Price Target Despite Weak QuartermBank's analyst, Mikołaj Lemańczyk, now expects XTB to post net income of 678.9 million zlotys in 2025, about 9 percent below the market consensus. His 2026 forecast of 711 million zlotys sits 24 percent under analyst expectations.XTB reported third-quarter net profit of 53.2 million zlotys, well short of the 154 million zlotys consensus estimate. Revenue dropped 20 percent year-over-year to 375.8 million zlotys. The company attributed the weakness to predictable market trends and narrow trading ranges that created favorable conditions for clients but squeezed the broker's market-making results."This led to trends that could be predicted with higher probability than in the case of larger directional market moves, which created favorable conditions for transactions concluded in a narrow market range,” the company stated in its report. “In such cases, we generally observe a larger number of profitable transactions for clients, which results in a decrease in results or losses from market making.”Volatility Remains Key VariableChief Executive Omar Arnaout said management focuses on factors within its control, namely client acquisition and product development. The company added more than 100,000 users to its investment app in October alone, the highest monthly increase in its history. Total clients reached approximately 2 million by late October, with half classified as active."With such a client base and high volatility, nothing would prevent XTB from generating 500 million zlotys in net profit,” said Paweł Szejko, the broker's Chief Financial Officer. “Under conditions like in the third quarter – low volatility – this was not possible. Our clients were making money, and we were losing on market making, which was reflected in the profitability per lot level.”Lemańczyk noted that exceptional quarters will likely offset weak ones going forward. If market conditions in the third quarter had matched those in the first quarter of 2025, XTB would have recorded net profit closer to 250 million zloty, he estimated. Under first-quarter 2024 conditions, profit could have approached 450 million zloty.Marketing Budget Set for Further GrowthManagement plans to maintain aggressive marketing spending to compete for leadership positions in key markets. Arnaout indicated the 2026 marketing budget could increase 40 to 50 percent from current levels, though headcount growth will be tightly controlled. "There is no other way to compete in the most important markets for a leadership position," Arnaout said.The company expects to launch options and cryptocurrencies by year-end or early 2026. Cryptocurrencies may be offered through a Cyprus license, which would restrict marketing communications in Poland.XTB's nominal trading volume rose 61 percent year-over-year in the third quarter despite the profitability squeeze. Maciej Marcinowski, an analyst at Trigon brokerage, said clients proved even more "caloric" than expected, though the mix of instruments traded affects margins significantly.The broker's shares fell about 4 percent following the quarterly results and are down 27 percent from their May 13 peak. If the recommendation proves accurate, they could rebound by almost 30 percent and return to the area of their previous all-time high. This article was written by Damian Chmiel at www.financemagnates.com.

OneRoyal has integrated Acuity Trading's artificial intelligence-powered trading signals and automated email tools into its platform, adding machine learning-based market analysis to its service lineup.According to the press release, the signals pull from real-time market sentiment data, volatility metrics, and historical price patterns across forex, indices, commodities, cryptocurrencies, and more than 1,000 U.S. equities.AI Signals Build on Technical Analysis PlatformAcuity's signals rely on its AnalysisIQ product, which combines traditional technical analysis with natural language processing and sentiment analysis. The London-based technology provider launched the fully automated signal feature in early 2025 after developing it through its analytics division."At Acuity, we're driven by a mission to empower traders with sharper investment data and smarter decision-making tools," said Andrew Lane, chief executive of Acuity Trading.The signals cover more than 2,000 high-liquidity assets, including major global indices and a range of digital currencies. Acuity has said it plans to expand coverage to additional global equities and commodity markets.In recent months, the tool has integrated with several brokers, including MYFX Markets and DB Investing.Dynamic Email Service Delivers Market UpdatesOneRoyal's traders also gain access to Acuity's Dynamic Email integration, which delivers market insights directly to client inboxes. The email technology updates content in real-time when messages are opened, regardless of when campaigns were sent or which time zone clients operate in.The email platform integrates with customer relationship management systems and allows brokers to segment content for different trader groups. Acuity introduced the dynamic email product in mid-2024 and has since integrated it with several brokers' communication infrastructure."Partnering with Acuity Trading bringing AI-powered trading signals to our traders has been a pivotal and game-changing step for us," said Dominic Poynter, Chief Commercial Officer at OneRoyal.Poynter joined OneRoyal in mid-2024 as Chief Marketing Officer after serving in the same role at HYCM. He was promoted to Chief Commercial Officer in October 2025.Technology Provider Expands Broker IntegrationsAcuity Trading, founded in 2013, uses machine learning and natural language processing to analyze sentiment data from global news sources. The company operates a research and development center in Barcelona and previously acquired research firm Signal Centre.Lane, who spent a decade at Dow Jones and the Wall Street Journal before founding Acuity, has positioned the company as a business-to-business provider serving online brokers. The firm's tools are integrated into MetaTrader 4/5, cTrader, and other trading platforms used by retail brokers. This article was written by Damian Chmiel at www.financemagnates.com.

As the year’s busiest shopping season approaches, PU Prime, a global multi-licensed online brokerage, joins the excitement of both shoppers and investors with the launch of its Black Friday Copy Trading campaign running from 3 to 30 November 2025.This season is not only exciting for shoppers to get their hands on major purchases, but it’s also one to look forward to by investors and traders. Echoing this enthusiasm, PU Prime is introducing a low-entry-threshold trading campaign designed to encourage trading participation and reward active engagement throughout the festive period.PU Prime is introducing its Black Friday Copy Trading campaign.During the campaign, eligible participants, including both copiers and signal providers, can qualify by completing just 0.5 lots of trading per week and holding each position for at least 5 minutes. Traders will then be eligible to receive a weekly mystery box voucher as a token of appreciation for their trading activity.Each mystery box gives participants the chance to receive a 10% deposit rebate voucher, with rebate values of up to USD 50, capped at USD 200 throughout the entire campaign period. Under PU Prime’s Copy Trading feature, beginners are empowered to diversify their portfolios and earn commissions through a simplified trading strategy. The system revolves around two main roles: Signal Providers and Copiers.Signal Providers are experienced traders who share their portfolios publicly for others to copy, earning a profit share in return. Meanwhile, Copiers replicate the real-time trades of Signal Providers, allowing them to participate in the markets without the need for hands-on trading decisions. Together, both groups form a collaborative trading community where everyone benefits from shared expertise and market participation.Through its Black Friday initiative, PU Prime once again underscores its commitment to innovation, accessibility, and trader empowerment, offering a festive season filled with opportunities and rewards for traders around the world.About PU PrimeFounded in 2015, https://www.puprime.com/forex-trading-account is a leading global fintech company providing innovative online trading solutions. Today, it offers regulated financial products across various asset classes, including forex, commodities, indices, and shares. With a presence in over 190 countries and more than 40 million app downloads, PU Prime is committed to enabling financial success and fostering a global community of empowered traders.For media enquiries, users can contact: media@puprime.com This article was written by FM Contributors at www.financemagnates.com.

London, October 2025 – Hola Prime, one of the world’s fastest-growing global trading companies, has launched its boldest brand campaign yet: “We Are Traders.” More than a marketing push, this campaign is a global movement to honor traders, reshape perceptions, and unite a community often overlooked in mainstream recognition.In a world where professions like technology, medicine and education are celebrated, trading rarely commands the same admiration. This is despite the extraordinary skill it demands. With “We Are Traders,” Hola Prime is changing that narrative. This campaign celebrates trading not just as a profession but as an identity, a discipline and a way of life.“Trading isn’t just what we do, it’s who we are,” said Himanshu Chandel, Marketing Director at Hola Prime. “Hola Prime is built by traders who understand the markets and the challenges traders face throughout their journey. With our ‘We Are Traders’ campaign, we are reaffirming that Hola Prime is not just a prop firm providing capital. We are traders ourselves, building solutions for traders’ challenges that were long ignored by the rest.”The campaign shines a spotlight on the extraordinary blend of skills traders master daily. These include technical analysis, mathematics, behavioral science, risk management and relentless discipline. By highlighting these, Hola Prime seeks to reposition trading as one of the most dynamic, demanding and rewarding pursuits of our time.Founded by Somesh Kapuria, a financial expert with decades of market experience, Hola Prime has consistently redefined what traders can expect from a prop firm. From 1-hour payouts and daily price transparency reports to trader-first rules, Hola Prime has turned long-standing industry frustrations into solutions. This has been possible only because Hola Prime was created by traders, people who share the same journey.The “We Are Traders” campaign will roll out across LATAM, MENAT, Asia, the U.S. and Europe beginning November 2025. It will feature cinematic digital films, powerful social storytelling and real trader narratives from across the globe. Designed as a cultural movement and a brand statement, it aims to inspire pride, unite the trading community and ensure that from Wall Street to home offices, traders everywhere can boldly say: “We Are Traders.”For campaign updates, visit www.holaprime.com or follow the global conversation at #WeAreTraders.About Hola PrimeHola Prime is a leading global proprietary trading firm with a strong presence in the UK, Hong Kong, Cyprus, Dubai, and India. Renowned for its commitment to transparency, Hola Prime serves prop traders across 175+ countries, offering access to multiple trading instruments. The firm is dedicated to empowering traders with real-time risk management, advanced technological infrastructure, and a secure trading environment. Committed to fairness and trust, Hola Prime ensures seamless payouts, robust compliance, and a reliable trading experience. With multiple trading platforms and a focus on bringing freshness to the prop trading industry, Hola Prime is redefining the future of trading. This article was written by FM Contributors at www.financemagnates.com.

Surveill, which has built a compliance-centric artificial intelligence (AI) system for the financial services industry, is looking to acquire a compliance consulting firm, only about a month after it raised $1 million in external funding.Join IG, CMC, and Robinhood in London’s leading trading industry event!Expansion via AcquisitionSurveill’s Founder and Chief Technology Officer, Aydin Bonabi, stated in a LinkedIn post that his company is looking to acquire a compliance consulting firm with 5 to 20 consultants.“Together, we can transform the way firms deliver compliance services by reducing costs while raising quality and consistency,” he wrote.Bonabi will speak at the Finance Magnates London Summit next month in the panel “Negative Friction? Brokers between Tougher Demands & Regulatory Arbitration.”The company is planning an expansion as demand for regulation has increased globally. In the financial services industry alone, jurisdictions are introducing new rules and revising existing ones, thereby increasing the demand for regulatory consultation.Furthermore, crypto regulation in the European Union and the United States has also raised the requirements for regulatory consultation.“For too long, compliance consulting has been synonymous with high costs and low scalability,” Bonabi added. “In an era where even Amazon is shedding 30,000 employees, the need for more efficient, tech-driven compliance models has never been clearer.”AI in ComplianceHeadquartered in the US, Surveill offers AI-powered solutions that help financial institutions enhance compliance oversight, reduce costs, and improve regulatory responsiveness.The company claims its clients have reported up to 60 per cent time savings and as much as 60 per cent cost reduction, alongside improved risk visibility and regulatory oversight.Last month, Bonabi confirmed that Surveill raised about $1 million in an external funding round led by Simya VC, a subsidiary of 212 VC. Although the founders initially decided to bootstrap the company, they eventually chose to seek external funding to access “more resources.” This article was written by Arnab Shome at www.financemagnates.com.

Jana Ivanov, Exness Affiliate Marketing Lead, explains how Exness is leveraging its new Cape Town office and high CPA payouts to empower South Africa's young affiliate community and capitalize on the region's intense digital entrepreneurship drive.Section 1. South Africa: The new financial hubQ: Cape Town is increasingly compared to Dubai as a rising hub for finance and fintech. How do you see South Africa’s role evolving in the global trading and affiliate ecosystem? A: We see Cape Town and South Africa as the strategic engine for the entire Sub-Saharan African (SSA) region. It boasts a mature financial market, robust regulation, rapid digital adoption, and a thriving fintech sector, already projected to grow at a Compound Annual Growth Rate (CAGR) of over 15.85% by 2033 (imarcgroup.com). This local growth is occurring within the context of a significant global trend: the affiliate marketing industry is projected to expand at a CAGR of 8.00%, pushing its valuation beyond 35 billion USD by 2031 (Cognitive Market Research).Our new Exness office in Cape Town is more than just a regional presence. It’s a commitment to meeting global standards with local expertise. South Africa's traders demand world-class technology, combined with a deep understanding of the local market and payment solutions. The affiliates who grow their businesses in SSA are pioneers, creating the benchmark for the trust and quality needed to compete globally.Q: The younger generation of South Africans is digital-native and ambitious. How do you think this impacts the affiliate and trading landscapes of the country and the wider SSA region?A: The resilience of South Africa’s youth is truly impressive. They face a significant challenge: according to Statistics South Africa, the youth unemployment rate for individuals aged 15 to 34 is approximately 46.1%.But in response, this generation has embraced creativity, bypassing traditional employment to forge their own income streams online. They’ve become digital entrepreneurs.This is clearly reflected in our data: the average age of affiliates in South Africa is just 27, making it one of our youngest regions. The average for the wider SSA region is 30.5 years, with most registrations coming from the 25 and below segment, proving this trend.Moreover, SSA affiliates are adopting the “involved affiliate” model. They lead with educational content and trading academies, not just inserting links. This focus on becoming credible educators is essential for building the trust required to promote the Exness brand.Section 2. Empowering entrepreneurs: The Exness advantage in South AfricaQ: Let's focus on the South Africans' strong entrepreneurial spirit. What is the most popular niche in affiliate marketing in the region, and how does the Exness Affiliate Program specifically cater to the needs of young entrepreneurs?A: One of the most popular, high-value niches in affiliate marketing is personal finance and wealth creation. This is precisely where our program truly resonates. Young entrepreneurs need two things: high earning potential and reliable cash flow. Here's how our Exness Affiliate Program caters to the needs of entrepreneurs in SSA:High CPA commission: We offer high-performance CPA payouts of up to 800 USD per unique trader in South Africa and up to 1,850 USD globally, which is a powerful incentive for serious marketers.Daily payouts: For any growing business, cash flow is critical. We provide daily commission payouts—not weekly or monthly—which allows our partners to immediately reinvest in their traffic and rapidly scale their entrepreneurial journey.Trust as a product: By partnering with a reputable, multi-licensed broker like Exness, they instantly showcase the credibility essential for success in the high-stakes finance niche.Q: Exness is a global player, so why has the South African market become such a key focus for expansion? What specific opportunities do you see here? We believe we are investing in a future fintech hub. The primary reason is the exceptional quality and potential of the market itself. Our decision to establish a local office builds on our existing regulatory license here and addresses three key opportunities.1. Digital adoption: South Africa leads the continent in card usage and has accelerated digital payment adoption, with the overall digital payments economy in Africa projected to reach 1.5 trillion USD by 2030. This digital maturity means fewer payment hurdles and smoother client onboarding for affiliates.2. Product localisation: Having dedicated, local affiliate managers means our partners get real-time, culturally relevant support, not just an international helpdesk. A local team enables us to rapidly tailor our offering, from local payment solutions that traders demand to marketing creatives that resonate culturally, resulting in higher conversion rates for our partners. 3. Growth trajectory: We anticipate significant long-term growth in the trading industry, driven by the youth’s pivot to online income. Our investment in a physical office solidifies our position as the partner of choice to capture this growth over the next five years, making us an unparalleled opportunity for local affiliates.Conclusion. Shaping the future of affiliate marketing in South AfricaQ: Setting up a new office in Cape Town sends a clear message of commitment. What is the bigger picture you envision for affiliate marketing in South Africa over the next five years, and what role do you want Exness to play in that journey?A: We envision the South African affiliate landscape evolving into a sophisticated ecosystem defined by professionalism, education, and trust. The days of low-quality, high-volume traffic are fading. The future belongs to the “involved affiliates” who lead with value.Our role is to champion this shift. Over the next five years, we aim to be the engine that powers these ethical affiliate businesses by providing three key benefits: competitive CPA payouts in the fintech industry, the reliability of daily commission payouts for financial opportunities, and the promotional resources that affiliates can confidently use to educate their audiences.The bigger picture is about economic empowerment: transforming the entrepreneurial ambitions of young South Africans into a stable and profitable career path. By investing locally, providing localized support from dedicated affiliate managers, and continually enhancing our technology, we are helping our partners turn a personal fintech income into a sustainable, high-growth business.About the Exness Affiliate ProgramThe Exness Affiliate Program is an in-house affiliate program offered by a global broker, Exness. It is designed for digital marketing experts, influencers, webmasters, and other traffic source generators worldwide. Affiliates can monetize their traffic by referring traders to Exness. The program works on a CPA (Cost Per Action) business model, where partners earn commission for every active trader’s first-time deposit on the Exness platform. This article was written by FM Contributors at www.financemagnates.com.

Regulatory reporting used to be a relatively straightforward affair - collect the data, fill in the file, submit it to the relevant competent authority, check the box. It was a task rooted in necessity, not strategy. But this has changed. In today’s increasingly complex environment, where regulatory updates are frequent and multijurisdictional and many legacy systems struggle to keep pace, regulatory reporting has taken on a new role. It is no longer just about compliance. It is becoming a cornerstone of operational resilience, data governance, and even competitive agility. Following recent regulatory changes such as EMIR REFIT in the EU and UK, the MAS and ASIC rewrite, the Canadian rewrite, the introduction of the DORA Regulation, and the ongoing obligations under GDPR, the lines between compliance, operations, and data governance are becoming increasingly intertwined. At the same time, early discussions at the European level are already pointing toward a more fundamental rethink of how financial transaction reporting could be simplified in the years ahead. This shifting landscape is prompting many firms to rethink how they structure their reporting functions and responsibilities, not as isolated tasks, but as integrated components of a broader resilience and data strategy. Compliance-only thinking is outdated Not long ago, regulatory reporting solutions were built to solve a narrow problem: meet reporting deadlines, validate against schemas, and avoid fines. Most systems were rigid, rule-based, and focused on creating compliant files. However, this limited scope brought limitations of its own: siloed tools, manual exception management, and disjointed data processes. Reporting was treated like a last-minute task, something reactive, disconnected from the broader operational picture. That approach simply does not work anymore. What has changed? Several forces are pushing regulated financial firms to rethink how they manage regulatory reporting obligations and what role RegTech plays in their broader strategy. Regulatory change is constant and complex: EMIR REFIT alone introduced dozens of new fields, changed validation rules, and required firms to adapt not just their reporting logic, but also their governance approach. Multiply that by other regimes like ASIC, MAS, or Canadian reporting, and static, hard-coded systems fall short.Data quality expectations are higher than ever: Regulators and trade repositories are not just looking at whether a report was submitted; they are looking at the quality, consistency, and reconciliation across systems. This demands better data lineage, transparency, and control.Reporting failures are no longer back-office problems: Rejections, data mismatches, or late submissions can have real reputational and regulatory consequences. More than ever, boards and senior stakeholders expect reporting functions to be stable, scalable, and audit-ready.DORA brings operational resilience to the forefront: With the EU’s Digital Operational Resilience Act (DORA) now in effect, regulatory reporting platforms fall squarely within scope. They must be testable, recoverable, and governed by continuity plans, not just functionally compliant.GDPR still matters: Trade and transaction reports frequently include personal data points like individual trader IDs, names, dates of birth, addresses, etc. These must be handled in line with GDPR principles like purpose limitation, data minimisation, and defined retention periods. Compliance cannot come at the cost of privacy. Reporting systems are becoming business-critical infrastructure This growing complexity is pushing transaction reporting solutions to evolve from file generators to strategic platforms. It is not just about getting the report out the door; it is about building or using systems that can adapt, withstand stress, and provide traceability when needed. In short: resilience is becoming the real deliverable. Here’s what that looks like in practice: Modular and scalable architecture that allows firms to seamlessly adopt regulatory changes with minimal client-side disruption to their operations and also handle high volumes and data spikes without performance degradation. Robust platform design that safeguards data, maintains service continuity, and supports operational resilience, even under stress or disruption. Multiple environments (Development, UAT, Production, DR) to safely test changes and ensure continuity. Audit trails and version tracking to support internal governance and external reviews. Real-time validation to catch data issues before they escalate. AI-powered enrichment and validation, helping firms correct or complete incomplete data sets faster. Exception management tools that flag, route, and resolve errors with minimal human intervention. Integrated analytics and dashboards that give compliance teams full visibility into reporting performance and trends. Automated reporting health checks to continuously monitor for degradation or anomalies in reporting pipelines. Reconciliation automation, comparing internal records with regulator feedback or trade repository data to ensure consistency. Multi-jurisdictional capabilities to meet diverse regulatory requirements from a single platform. These are not just convenience features. They are what allow reporting teams to stay ahead of change, reduce risk, and recover quickly when something goes wrong. That is resilience in action. Firms that “get it right” are already moving Here at MAP FinTech, as a RegTech provider working with firms across jurisdictions, we have observed a clear shift in client priorities. Firms that once viewed reporting as an end-of-process task are now embedding it into their broader operational and data strategies. Most firms are no longer waiting for a regulatory breach or operational issue to re-evaluate their reporting infrastructure. Instead, they are proactively seeking ways to strengthen resilience, improve auditability, and ensure the systems they use can support future growth. Our own experience has shown us just how valuable a forward-looking RegTech platform can be when paired with the right governance mindset. But this evolution isn’t without its challenges. The obstacles along the way While many firms have already taken significant steps toward building more resilient and future-ready reporting functions, some still face hurdles, often the same ones that others had to overcome earlier in their journey. Some of the common hurdles we have observed include: Legacy systems that do not integrate well with modern reporting solutions. Inconsistent data quality across different business units. Siloed ownership between compliance, operations, and IT. Limited UAT or rollback capabilities in traditional tools. Lack of internal alignment on what “resilience” means in the reporting context. These challenges do not reflect a lack of intent, but they often stem from older system architectures or processes that have not kept pace with the evolving role of reporting. The good news is that firms that have invested in the right tools and strategies have shown that these issues are solvable and doing so opens the door to a much more robust, scalable, and future-proof reporting framework. Final thoughts: from obligation to advantage In a landscape of constant regulatory change and heightened reputational risk, transaction reporting can no longer be treated as a compliance afterthought. It must be resilient, built on flexible systems, reliable data, and empowered teams capable of adapting to evolving requirements. Selecting the right reporting partner, therefore, goes far beyond meeting schema standards or ensuring TR connectivity. It’s about choosing a provider that not only understands your regulatory landscape but also views reporting as a critical part of your operational infrastructure. One that embeds resilience, transparency, and adaptability into its design, not as optional features, but as core principles. The most effective RegTech platforms don’t just help you file reports correctly; they strengthen your operational foundations, helping you future-proof your business and turn regulatory readiness into a lasting competitive advantage. If your firm is navigating similar challenges or exploring ways to enhance its reporting resilience, please contact MAP FinTech here. This article was written by FM Contributors at www.financemagnates.com.

XTB said more than 100,000 people joined its investment app in October, marking what the brokerage described as the highest monthly increase in new users in the company’s history.Discover how neo-banks become wealthtech in London at the fmls25Record Month for XTBThe brokerage reported that October was its best month ever for new client sign-ups. It described the figure as evidence that its current strategy continues to attract a growing number of investors.The firm noted that individual participation in financial markets continues to expand as more people manage investments independently through mobile platforms.Besides the rise in users on the investment apps, XTB clients have been climbing more recently. Last year, the brokerage reported that it had surpassed the one million milestone. The milestone followed the broker’s expansion of its offerings, which now include stocks, Exchange-Traded Funds (ETFs), and Contracts for Difference. Since the end of 2021, XTB’s client base has doubled, a surge driven by strategic expansion and the increasing adoption of digital investment platforms.Client Growth in the Recent PastIn 2023 alone, XTB reportedly added 312,000 new clients to its platform. The company then reported consolidated net profits of EUR 175 million and revenues of EUR 351 million, marking a record-breaking year and underscoring the effectiveness of its expansion strategy in the competitive global fintech landscape. The app space seems to be gaining momentum among the top brokers. NAGA Group recently announced the upcoming release of its next-generation financial platform, NAGA ONE, scheduled for the fourth quarter. The Hamburg-based fintech company aims to combine payments, investing, and trading services into a single app, replacing its existing NAGA Pay service.NAGA ONE reportedly offers personal IBAN accounts, virtual and physical debit cards, SEPA transfers, and instant account funding for trading. Amid the rise in app adoption, a recent study shows that cost is not the only driver. Retail investors in the United States are increasingly evaluating brokers based on digital experience as much as cost. Decision Factors in the Adoption of Financial Apps According to a study by Investment Trends, the functionality of mobile apps and web platforms now ranks alongside fee structures as a key factor in choosing a broker.The research found that poor interface design has become the leading reason investors switch brokers, surpassing concerns about trust and customer service. Investment Trends noted similar patterns in the German market six months ago, reporting that one in six traders switched brokers for reasons other than cost, including transparency, simplicity, and innovation. This article was written by Jared Kirui at www.financemagnates.com.

Interactive Brokers Group, Inc., a global electronic broker, released its performance data for October. The figures show growth in retail activity and trading volumes.Join IG, CMC, and Robinhood at London’s leading trading industry event!Daily Average Revenue Trades reached 4.472 million. This is up 16% from September and 58% compared with the same month last year. The total number of client accounts increased to 4.23 million, a 2% rise from the previous month and 33% higher than last year.Interactive Brokers Client Equity Hits $781.5BClient equity rose to $781.5 billion, marking a 45% increase year-on-year. Margin loan balances grew to $81.6 billion. Client credit balances totaled $156.5 billion, including $6.3 billion held in insured bank deposit sweeps.Retail clients traded U.S. stocks at an average all-in cost of about 2.4 basis points per trade. The data reflects a sustained increase in retail engagement and overall platform activity.Karta Visa Integrates Brokerage with SpendingRecently, Interactive Brokers introduced the Karta Visa card, integrating its cash management platform with everyday spending. The card connects brokerage accounts to purchases, allowing clients to trade, save, invest, and make payments without transferring funds between accounts. It is a U.S. dollar card with no foreign transaction fees and includes features such as reward points, airport lounge access, and concierge services. Existing cash management functions, including interest on cash balances and borrowing options, continue to be available. The card is accessible to eligible clients in several regions with instant virtual issuance via Apple and Google Wallet.Ask IBKR Provides Real-Time Portfolio AnalysisInteractive Brokers also launched Ask IBKR, an AI-powered tool that provides portfolio insights using natural language queries. The tool allows users to view metrics including performance versus benchmarks, asset allocation, top holdings, dividends, fees, and cash flows. Ask IBKR extends PortfolioAnalyst with chatbot functionality, offering access to fundamentals, statements, corporate actions, and tax information. It is available through Client Portal, Advisor Portal, and IBKR Desktop, with plans for broader platform availability. The company additionally offers InvestMentor, a microlearning app for beginner investors. This article was written by Tareq Sikder at www.financemagnates.com.

For the first time in seven years, Bitcoin closed October in the red – ending its long-standing “Uptober” trend. The digital asset’s decline reflects growing caution among investors as global markets turn risk-averse amid signs of economic cooling and renewed U.S.-China trade tensions.Digital assets meet tradfi in London at the fmls25Bitcoin traded around $106,190 at the time of publication, extending losses after a difficult October that saw a sudden flash crash drag the token as low as $104,000, according to CoinMarketCap. The decline represents a 3% decrease in the past day and a 7% decrease in the past week, respectively. The cryptocurrency fell 3% in October, marking its first loss in October since 2018 and a break from what traders had dubbed “Uptober” – a period historically associated with strong gains in crypto markets.The early-October selloff left Bitcoin struggling to regain ground, even as other risk assets stabilized.Fed Signals and Trade Concerns Weigh on Risk AppetiteA recently announced U.S.-China trade deal failed to provide much relief for markets. Investors instead focused on hawkish comments from the Federal Reserve, which signaled it remained wary of loosening monetary conditions too soon. The resulting drop in risk appetite pressured cryptocurrencies, which often move in tandem with broader speculative assets.You may also like: Why XRP Is Going Down? Crypto Falls Today With Bitcoin and Could Drop 50% According to This New XRP Price PredictionThe era of physical cash may be drawing to a close, according to Standard Chartered’s Group Chief Executive Bill Winters. Speaking at the Hong Kong FinTech Week 2025, Winters said he envisions a world where every transaction settles digitally – a transformation he described as nothing short of a complete “rewiring” of the global financial system.Source: Hong Kong FinTech Week x StartmeupHK Festival 2025Winters said that both Standard Chartered and Hong Kong’s financial authorities share the same belief: the future of money lies on blockchain rails.Blockchain as the Foundation of the New Financial SystemThe Standard Chartered chief acknowledged that while the vision is clear, the exact structure of this future remains uncertain. For that reason, experimentation is crucial – and in his view, Hong Kong stands out as a global testing ground for innovation.He praised local regulators for maintaining equilibrium between innovation and compliance, creating an environment where new technologies can flourish under robust oversight.Adding to the discussion, HSBC Group Chief Executive Georges Elhedery voiced strong confidence in Hong Kong’s financial future. He pointed to the bank’s $13.6 billion plan to privatize Hang Seng Bank as a tangible show of commitment.Bitcoin Could Hit $150,000 by December, Says Michael SaylorMeanwhile, MicroStrategy’s executive Michael Saylor, while speaking at the Money20/20 conference in Las Vegas, said he expects the cryptocurrency to reach $150,000 before the close of the year – and eventually soar far higher.Saylor, whose firm holds one of the world’s largest corporate Bitcoin treasuries, told CNBC on Monday that his forecast reflects growing institutional interest in digital assets. “Our expectation right now is end of the year, it [Bitcoin] should be about $150,000,” he said. This article was written by Jared Kirui at www.financemagnates.com.

Crypto.com and Hollywood.com announced a partnership to launch entertainment-focused prediction markets. Event contracts will be offered by Crypto.com | Derivatives North America, a CFTC-registered exchange and clearinghouse, to Hollywood.com users.Join IG, CMC, and Robinhood in London’s leading trading industry event!Crypto.com recently secured full CFTC derivatives licenses for its U.S. affiliate, allowing it to operate as a designated contract market and clearinghouse and offer regulated event contracts to U.S. retail participants.Crypto.com Launches Entertainment Prediction MarketsThe latest partnership provides entertainment fans with a federally compliant way to access event contracts and make predictions about movies, shows, actors, awards, and other entertainment topics.“As prediction markets continue to grow and be part of a customer’s trading and investment strategy, we are excited to partner with a leading entertainment media property to offer customers a new way to engage with their favorite content,” said Travis McGhee, Managing Director and Global Head of Capital Markets at Crypto.com.And action! https://t.co/vCNztATkNg is set to power a new entertainment prediction market offering from @hollywood_com. Read more here: https://t.co/tUhs0HU6td pic.twitter.com/ToHQCRe3VH— Crypto.com (@cryptocom) November 3, 2025Fans Trade Real-Time Entertainment Event ContractsThe new offering allows users to express and trade opinions on entertainment events across Hollywood movies, Broadway shows, television programs, musical artists, major award shows, and more. Prices update in real time, enabling users to react instantly to developments.“The success of prediction markets demonstrates the massive appetite for trading on the outcome of future events,” said Mitchell Rubenstein, Co-CEO of Hollywood.com. “Partnering with Crypto.com, we’re launching the first prediction platform dedicated entirely to movies, TV, video gaming, Broadway, pop culture, and celebrities,” he shared.Kalshi Highlights Prediction Markets’ Role in Crypto DerivativesKalshi’s Head of Prop recently highlighted that prediction markets can serve as “a simpler entry point into crypto derivatives.” He noted that U.S. regulatory groundwork over the past few years has allowed Kalshi to expand its event‑contract offerings. The example illustrates broader momentum for licensed platforms, like Crypto.com, to provide regulated, retail-focused event contracts in areas such as entertainment. This article was written by Tareq Sikder at www.financemagnates.com.

Ripple is deepening its institutional offerings in the U.S. after launching digital asset spot prime brokerage services, providing investors with a unified platform to trade, clear, and finance their cryptocurrency holdings. The move comes as the company completes its integration of Hidden Road, a multi-asset brokerage it acquired earlier this year and has since rebranded as Ripple Prime.Digital assets meet tradfi in London at the fmls25Unified Access to Digital Assets and TradFiAccording to the company, the new service, operated under Ripple Prime, enables institutional clients in the U.S. to execute over-the-counter (OTC) spot transactions across a broad range of digital assets, including Ripple’s own XRP and the stablecoin RLUSD.Ripple said the launch brings together Hidden Road’s brokerage framework and Ripple’s existing licenses to deliver comprehensive market access that spans foreign exchange, digital assets, derivatives, swaps, and fixed income.Ripple Prime’s U.S. clients can now cross-margin OTC spot transactions and holdings with other positions, including OTC swaps and CME futures and options. This enables institutions to manage exposure and capital more efficiently across multiple asset classes within a single account."The launch of OTC spot execution capabilities complements our existing suite of OTC and cleared derivatives services in digital assets and positions us to provide U.S. institutions with a comprehensive offering to suit their trading strategies and needs," commented Michael Higgins, International CEO, Ripple Prime.The integration with Hidden Road, finalized in October 2025, boosted Ripple’s ability to deliver full-service institutional solutions. The rebranded Ripple Prime now functions as a multi-asset platform built to bridge traditional and digital finance.Expanding Institutional CapabilitiesRipple’s institutional strategy continues to evolve around three core products: Ripple Payments, Ripple Custody, and Ripple Prime. The company positions its infrastructure as a bridge between conventional financial systems and blockchain-based assets, leveraging XRP and RLUSD to enhance settlement speed and transparency.You may also like: Why XRP Is Going Down? Crypto Falls Today With Bitcoin and Could Drop 50% According to This New XRP Price PredictionThe U.S. expansion marked a significant step in Ripple’s ambition to become a key infrastructure provider for institutions trading across digital and traditional markets.Last month, Ripple completed its acquisition of non-bank prime broker Hidden Road and rebranded it as Ripple Prime, marking a major step in its push into institutional prime brokerage and digital asset services. The move positioned Ripple as a crypto-focused firm operating a global prime brokerage platform spanning FX, digital assets, derivatives, swaps, and fixed income. This article was written by Jared Kirui at www.financemagnates.com.

XRP price plunged 4.73% today (Monday), 3 November 2025, to $2.407, emerging as one of the weakest major altcoins as broader cryptocurrency market weakness intensified and the newest XRP price prediction points to a potential 50% decline toward $1.25. XRP Price TodayAccording to my technical analysis of the daily XRP/USDT chart, the cryptocurrency is one of the most heavily declining major altcoins. It is testing the $2.38 level, which represents the daily minimum, and is currently exchanging hands at $2.40.As visible on the chart below, prices are currently stuck in a narrow consolidation at levels last observed in early July. The range of this consolidation falls between the $2.20-$2.30 level, a support zone at multi-month lows, and the resistance zone of $2.59-$2.70, which simultaneously houses two important exponential averages, namely the 50 EMA and 200 EMA.Why XRP Is Going Down Today? Broader Crypto Weakness Pressures XRPXRP's weakness stems from the general downward trend in the cryptocurrency market observed in the last 24 hours. Bitcoin is losing 2.5% and falling below $108,000, Ethereum is giving up 4% of its value testing the $3,720 level, and falling more strongly than XRP are BNB dropping 6% to $1,020 and Solana sliding 5.5% to $176. The meme cryptocurrency Dogecoin is falling 6.2% daily and costs just over 17 cents, according to current data from CoinMarketCap.Simon Peters, crypto analyst at eToro, explained the broader market context: "Crypto markets retreated 6.5% last week, after Fed Chairman Powell signalled that a December interest rate cut is not a foregone conclusion, which dampened investors expectations for looser financial conditions going forward in the short-term."The shift in Federal Reserve expectations proved dramatic. "Leading up to last Wednesday's interest rate decision, the market's probability of a cut at December's FOMC meeting stood as high as 96%. After the press conference this dropped drastically to less than 70% chance," Peters noted.You may also like: This XRP Price Prediction From Ex-Goldman Analyst Eyes $1,000 by 2030Dollar Strength Automatically Pressures CryptoCryptocurrencies are also not being served by the current fundamental picture of broader markets and the fact that the dollar is strengthening for a fourth consecutive session and is currently the strongest in 3 months. Cryptocurrencies valued in dollars therefore suffer from this automatically.The dollar index reached its highest levels since August, creating powerful headwinds for dollar-denominated assets. This currency dynamic amplifies selling pressure across the entire cryptocurrency complex, with altcoins like XRP exhibiting greater sensitivity to dollar strength than Bitcoin.Joel Kruger, strategist at LMAX, provided perspective on October's performance: "October proved to be a mild disappointment for those leaning on historical seasonality and trend analysis. Traditionally one of Bitcoin's stronger months, October finally broke its six-year streak of positive performance, ending roughly 3.7% lower. Yet, this modest decline should be viewed in perspective rather than alarm."XRP Technical Analysis: Wedge Breakdown Signals Bearish TrendXRP found itself in this range after breaking out of a wedge formation drawn from summer highs, which was broken downward, simultaneously denying the potential bullish connotation of this arrangement. According to my technical analysis, I currently forecast that XRP's price may decline in the short and medium term, and the impulse for this will be breaking out of the current green-marked support zone.The falling wedge pattern, typically considered a bullish formation, was invalidated when prices broke to the downside rather than rallying upward. This technical failure creates a bearish setup where previous support levels become vulnerable to breakdown.XRP Price Prediction: 50% Decline Target at $1.25 via Fibonacci ExtensionMy bearish targets include the zone of the round $2.00 level combined with $1.90, the June minimums, then the $1.61 level representing lows from the first part of this year, and ultimately the level of just $1.25. This level coincides with the intraday minimum from October 10 when there was strong deleveraging of cryptocurrency positions and its momentary collapse.Most significantly, this $1.25 level also coincides with Fibonacci extensions, and at this height falls the 100% extension of the current downtrend from July highs to October lows, and then the upward correction observed over the last 2 weeks. This would mean that from current levels, XRP's price could decline by 50%.Both the 50-day exponential moving average at $2.712 and the 200-day EMA at $2.622 sit above current prices, creating a formidable resistance ceiling in the $2.59-$2.70 zone. This technical setup is bearish, prices trading below both major moving averages typically indicate downtrends with momentum favoring sellers.XRP Price Analysis, FAQWhy is XRP falling today?XRP dropped 4.73% to $2.407 Monday as weakest major altcoin amid broader crypto weakness (Bitcoin -2.5%, Ethereum -4%, BNB -6%, Solana -5.5%), dollar strengthening fourth consecutive session to 3-month highs automatically pressuring dollar-denominated cryptocurrencies, Fed Chairman Powell walking back December rate cut expectations (probability collapsed from 96% to below 70% per Simon Peters eToro), wedge formation broken downward contradicting bullish connotation, long-term holder outflows accelerating 2,647% to -90.14M XRP indicating institutional distribution.How low can XRP price go?According to my technical analysis, XRP could decline 50% from current $2.407 to ultimate target $1.25 via staged breakdown: first support failure $2.20-$2.30 opening path to $2.00-$1.90 (-17% to -21%), then $1.61 Q1 2025 lows (-33%), ultimately $1.25 coinciding with October 10 deleveraging crash low and Fibonacci 100% extension (-48% to -50%), with resistance overhead at $2.59-$2.70 housing 50-day EMA $2.712 and 200-day EMA $2.622 creating bearish ceiling.Will XRP price fall?My Fibonacci technical analysis shows $1.25 represents 100% extension of downtrend from July highs to October lows measured from recent two-week correction, coinciding with October 10 deleveraging event intraday low when cascading liquidations pushed XRP to this level, requiring breakdown below current $2.20-$2.30 support then $2.00/$1.90 and $1.61 levels, with Changelly algorithmic forecast also showing bearish 2026 path declining to $1.34 by December 2026 broadly consistent with substantial downside scenario.Is XRP a sell now?Yes. XRP trading below both 50-day EMA $2.712 and 200-day EMA $2.622 (bearish technical structure), wedge broken downward invalidating bullish formation, repeated $2.55 resistance rejections with 85% above-average volume confirming institutional distribution, long-term holder outflows +2,647% and short-term supply share -39.5% showing capitulation, though recovery above $2.59-$2.70 resistance would invalidate bearish setup, requires individual risk assessment considering potential 50% downside versus recovery scenarios if adoption accelerates.You may also be interested in my previous analyses and predictions on XRP prices: This article was written by Damian Chmiel at www.financemagnates.com.