FOREX NEWS & BLOG

Two More Prop Firms Open CFD Brokerage in Saint Lucia to Offer MetaTrader 5

Two More Prop Firms Open CFD Brokerage in Saint Lucia to Offer MetaTrader 5

May 7, 2025 10:40 am |

MetaTrader undoubtedly
remains the dominant platform among retail traders. This is perfectly
illustrated by the efforts of prop firms which, after more than a year’s hiatus
from offering the popular MT5, are once again adding it to their offerings.

How is this
possible? The answer lies in obtaining their own licenses to operate CFD
brokerages, which Saint Lucia is very eager to distribute. This small island
has become one of the most popular destinations in recent months for companies
seeking cheap and easy-to-obtain regulatory authorizations.

Blue Guardian and Maven
Again Offer MetaTrader Thanks to Their Own Brokers

Blue
Guardian was the first to announce the return of MetaTrader 5 to their
offering, sharing this information at the end of April.

“We
brought Metatrader 5 back with our own license and server,” they posted on
X. “Now you can enjoy your favorite trading platform at Blue
Guardian.”

According
to information on the prop firm’s website, the “own license” was
obtained by Blue Guardian Limited, registered in Saint Lucia (company number
2024-00647).

A few days
later, Maven presented a similar update to their clients, having launched Maven
Trade Ltd (company number 2025-00242) on the same island.

“MetaTrader
5 is back at Maven and it’s fully licensed. What does that mean? Well, it means
no sudden stops to service,” the company wrote on social media.

For both
companies, this marks a grand return of the popular MT5 after many long months
of absence.

Over a Year Without
MetaTrader

In February
2024, MetaQuotes Software created significant chaos in the prop trading
industry, which led to blocking offerings to clients from the United States and
removing MetaTrader platforms from their offerings.

MetaQuotes
disliked, among other things, “grey labeling” – the use of platforms
without a direct license, instead using the licenses of broker-partners. This
problem affected both Maven Prop Trading and Blue Guardian, as
FinanceMagnates.com reported over a year ago.

In the
meantime, prop firms began offering alternative platforms, with Blue Guardian
focusing on options including DXtrade. However, MetaTrader is MetaTrader, and
when the opportunity arose to offer it again, prop firms decided to take
advantage of it.

Saint Lucia to the Rescue
of Props

In recent
months, this island nation of 168,000 inhabitants located in Central America on
the Caribbean Sea has become home to a growing number of prop firms looking for
cheap, easy-to-obtain licenses that allow them to offer platforms from
MetaQuotes once again.

Many other
companies have taken similar steps recently. Among them is Goat Funded Trader,
which also offered access to MT5 with this move.

Previously,
Wall Street Funded and Instant Funding opted for similar regulatory strategies,
announcing the launch of their own CFD brokerages.

Besides
Saint Lucia, the Comoros, a small island in East Africa, has also become a
popular destination recently. FundingPips registered their broker there, and
Hola Prime operates in the same jurisdiction.

This article was written by Damian Chmiel at www.financemagnates.com.

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TMGM Proudly Joins as Gold Sponsor of #YumiStanap Vanuatu 2025

TMGM Proudly Joins as Gold Sponsor of #YumiStanap Vanuatu 2025

May 7, 2025 10:38 am |

TMGM, a global leader in online trading and investment
services, proudly stood at the forefront of Vanuatu’s economic dialogue as the
Gold Sponsor of the highly anticipated #YumiStanap Vanuatu event.

This TEDx-inspired conference, which took place on Thursday,
April 24, 2025, at Farea Pacifik, Le Lagon, united a powerhouse lineup of
experts, government leaders, and changemakers.

Themed “Speak. Act. Transform,” spotlighted strategies for
building resilience, fostering economic development, and unlocking Vanuatu’s
full potential.

A major event highlight was the keynote by Marla Dukharan, a
leading international economist and Caribbean policy advisor. Known for her
fearless advocacy against structural inequalities and her championing
sustainable economic growth, Dukharan brought fresh, global perspectives to
Vanuatu’s ambitions.

Drawing parallels from her work across the Caribbean, she
inspired attendees with actionable insights on overcoming vulnerabilities,
leveraging innovation, and tackling barriers such as financial exclusion,
gender inequality, and climate resilience.

Other distinguished speakers included Hon. Jotham Napat,
Prime Minister of Vanuatu, and a vibrant roster of local experts such as
Jean-Pierre Nirua, Stephanie Senei Mahuk, and Dr. Jimmy Obed.

(L): TMGM Local Director, Johnny Wilson, (R): Prime
Minister of Vanuatu, Hon. Jotham Napat

TMGM’s prominent role as Gold Sponsor reaffirmed its
unwavering dedication to Vanuatu’s economic future. This sponsorship follows
TMGM’s acclaimed participation in the VFSC’s Second Symposium on Virtual Assets
in 2024, where the company earned accolades for Best Community Support (First
Runner-up) and Highest Client Numbers in 2024. TMGM’s gold sponsorship of
#YumiStanap further solidifies its growing partnership with the Vanuatu
Financial Services Commission (VFSC). Over the past year, TMGM has worked
closely with VFSC regulators to enhance compliance standards and promote
responsible financial innovation in Vanuatu’s growing digital economy.

The VFSC has repeatedly acknowledged TMGM’s contributions
through formal commendations. During the event, VFSC representatives
highlighted TMGM as an exemplary model of a regulated entity that balances
innovation with consumer protection, reinforcing the mutual benefits of this
strengthening public-private partnership that continues to attract positive attention
from international financial observers.

(L): TMGM Local Director, Johnny Wilson and (R):
VFSC Commissioner, Branan KARAE

“Supporting #YumiStanap is a natural extension of TMGM’s
mission to empower communities and drive sustainable financial innovation,”
said Johnny Wilson, TMGM Vanuatu’s Local Director. “We are deeply invested in
Vanuatu’s journey toward resilience and prosperity; these events are critical
catalysts.”

The conference was more than just a discussion; it was a
launchpad for real action. Key issues addressed included economic recovery
strategies, digital innovation, education reforms, and pathways to greater
regional and global integration.

With media coverage across the Pacific and beyond, TMGM’s support ensured that the voices and
solutions emerging from Vanuatu gained international visibility.

About TMGM

TMGM is a global leader in online trading and investment
services, offering unparalleled access to diverse financial instruments through
its state-of-the-art trading platforms. With an unwavering focus on regulatory
compliance, technological innovation, and exceptional client service, TMGM empowers
traders worldwide to navigate global markets and realize their financial
aspirations.

Trademax Global Limited, operating under the TMGM brand, is
proudly licensed and regulated by the Vanuatu Financial Services Commission
(VFSC), embodying the highest standards of financial integrity. For more
information, visit www.tmgm.com.

Disclaimer

The document is provided by Trademax Global Limited (VFSC
40356). Please note that investing in CFDs and Margin FX Contracts carries
significant risks and is not suitable for all investors. You may lose more than
your initial deposit. You don’t own, or have, any interest in the underlying
assets. Any information or general financial product advice given in the document
is generic in nature and does not take into account your financial situation, needs
or personal objectives. Past performance is not a reliable indicator of future performance.
Investing in leveraged products carries significant risks. We recommend that you
seek independent advice and ensure that you fully understand the risks involved
before trading.

This article was written by FL Contributors at www.forexlive.com.

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Blackbird Hops Onboard the Airwallex Rocket with a $60M Agreement

Blackbird Hops Onboard the Airwallex Rocket with a $60M Agreement

May 7, 2025 9:57 am |

J4035_Polypipe_Q2_2025_Blog_Brief

Blackbird reportedly agrees to invest $60 million in Airwallex. The fintech is now worth $7.6B.

Blackbird Swoops

Blackbird
Ventures has finally swiped right on the $6
billion-plus fintech. The VC firm is reportedly investing a hefty $60
million, marking one of its biggest single cheques ever.

The news, reported by Startup Daily and AFR,
sees Blackbird join a list of other serious players when it comes to supporting the innovative startup.

A Long Time Coming

Blackbird’s late-stage love-in follows a $100 million Series E
extension round in late 2023 that valued
Airwallex at $5.6 billion. Thanks to forex fun and cross-border payments
booming, Airwallex is soaring in value, as per Bloomberg.

Sources close to the matter told Startup Daily that the check has been
signed, sealed, and quietly delivered—well after the party started.

The Next Step for Airwallex?

This deal could signal the next phase in Airwallex’s global playbook.
With backing from Square Peg, Salesforce Ventures, Tencent, and now Blackbird,
to name but a few the company has enough firepower to make serious moves in the
U.S. and Europe, where fintechs are currently either merging, folding, or
plotting IPOs.

Meanwhile, Blackbird gets to tell its LPs that it bagged a unicorn.

For more stories around fintech, visit our dedicated section.

This article was written by Louis Parks at www.financemagnates.com.

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PrimeXBT Expands MT5 Offering with Over 100 New Trading Instruments

PrimeXBT Expands MT5 Offering with Over 100 New Trading Instruments

May 7, 2025 9:53 am |

PrimeXBT, a regulated multi-asset broker, has significantly broadened its instrument lineup on MetaTrader 5 (MT5), adding over 100 new assets and trading pairs across all key markets. This major update strengthens the broker’s cross-asset range and provides traders with expanded access to global financial markets through an all-in-one trading experience.

The newly added instruments include 57 additional Forex pairs covering minors, crosses, and exotics, 8 new indices including CHINAH, GERMID50, and SA40, 9 new commodities like coffee and gasoil, and for the first time, 35 Crypto CFDs on MT5. Clients can now access a diverse range of assets, enabling them to create tailored strategies and manage risk with greater precision. All of these instruments are available to trade using either crypto or fiat funding methods.

According to PrimeXBT, the broker remains committed to setting a new standard for multi-asset trading by providing access to the most relevant opportunities across a wide spectrum of markets. The expansion of the MT5 offering supports this objective by integrating a broad set of instruments into a trusted, professional-grade trading environment.

With this update, PrimeXBT reinforces its role as a broker that evolves with market trends across both digital and traditional markets. With tight spreads, competitive fees, and high-speed execution, clients can access a broader range of instruments and pursue a variety of trading strategies from a single brokerage account.

About PrimeXBT

PrimeXBT (https://primexbt.com/) is a leading Crypto and CFD broker that offers an all-in-one trading platform to buy, sell, and store Cryptocurrencies, and trade over 100 popular markets, including Crypto Futures and CFDs on Crypto, Forex, Indices, and Commodities using both fiat and Crypto funds. Since its founding in 2018, PrimeXBT has grown exponentially, serving 1,000,000+ traders in 150+ countries worldwide. With an aim of making investing available to all, PrimeXBT lowers the barriers to entry, providing easy and secure access to the financial markets with industry-leading trading conditions and innovative tools. Clients engage with a regulated financial services provider recognized for its reliability and commitment to offering cost-efficient trading solutions.

Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, users should consider whether they understand how these leveraged products work and whether they can afford the high risk of losing their money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website. Some products and services, including MT5, may not be available in their jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.

This article was written by FM Contributors at www.financemagnates.com.

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Tickmill Veteran Exits After 8-Year Tenure for Deriv Position

Tickmill Veteran Exits After 8-Year Tenure for Deriv Position

May 7, 2025 9:37 am |

Loukas
Priovolos has taken on a new role as Financial Reporting Manager at Deriv,
following an eight-year tenure at Tickmill where he most recently served as
Group Financial Controller.

Former Tickmill Financial
Controller Priovolos Joins Deriv in Reporting Role

In his announcement,
Priovolos expressed enthusiasm about the growth and learning opportunities at
Deriv, citing the company’s “cultural and product diversification,
technology and AI adoption” as key attractions of his new position.

Priovolos’
career at Tickmill spanned multiple roles, beginning as an Accounting
Supervisor in April 2017 and culminating in his position as Group Financial
Controller, which he held from January 2021 until April 2025. During his time
at Tickmill, he received four promotions and established two new finance
sub-departments.

“It
was a blessing to wake up every morning and feel like a new challenge would
knock on my door again and again,” Priovolos noted in his farewell message
to Tickmill.

His work at
Tickmill included bringing accounting operations in-house for all group
entities, creating consolidated management accounts from scratch, and
implementing timely regulatory reporting across four different regulators
without incurring fines or compliance issues.

Priovolos
also highlighted significant cost-saving initiatives, noting that he helped the
company save “six or seven-digit numbers” annually over the past four
years through more efficient payment flow management and negotiation of better
terms.

Prior to his eight-year stint at Tickmill, Priovolos worked at several financial firms, including Safecap Investments Limited and Rynat Trading Ltd, in various accounting and financial roles.

Exec Moves in Tickmill and
Deriv

Online FX
and CFDs broker Deriv has taken another step in its regional expansion with the
appointment of Priovolos, following the December 2024 opening of a second
Cyprus office, now led by Andreas Potamitis.

Meanwhile,
Tickmill has also been active in senior recruitment, naming Erhan Beyaz as Head
of Data and Analytics. Beyaz brings experience from several prominent industry
firms, including Equiti Group.

The company
also recently appointed Joseph Dahrieh as Managing Director for the MENA region
and Elie Tarabay as Head of Partnerships – MENA.

However,
these changes come amid internal shifts. As reported earlier by FinanceMagnates.com,
Samer Alkhaldi, Tickmill’s Regional Manager for MENA, has departed the company
after nearly nine years. Alkhaldi joined the firm in 2015 as Business
Development Manager for the region.

This article was written by Damian Chmiel at www.financemagnates.com.

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Short-Term Analysis for Oil, Gold, and EURUSD for 07.05.2025

Short-Term Analysis for Oil, Gold, and EURUSD for 07.05.2025

May 7, 2025 9:30 am |

I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Short-term forecast for oil, gold, and euro-dollar today. Gold reached the upper Target Zone 3449 – 3426 yesterday. Major Takeaways USCrude: Oil is correcting to the upside, breaking above resistance (В) 59.32 – 58.93. XAUUSD: Gold reached the main upside target in the Target Zone 3449 – 3426. EURUSD: The euro is correcting upward within a short-term downtrend. Oil Price Forecast… Read full author’s opinion and review in blog of #LiteFinance

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Weekly Economic Calendar for 12.05.2025–18.05.2025

Weekly Economic Calendar for 12.05.2025–18.05.2025

May 7, 2025 9:06 am |

Fundamental factors continue to exert negative pressure on the US dollar. From a technical perspective, the USDX index remains above the key support levels of 97.50 and 96.80 despite a prolonged correction that has placed it in a medium- and long-term bear market. Increased market volatility persists, with strong demand for safe-haven assets such as the yen, the franc, and gold. The upcoming week of 12.05.2025 – 18.05.2025 is also expected to be highly volatile due to the release of US inflation data, which may determine the direction of the US dollar for the rest of the month. Besides, market participants… Read full author’s opinion and review in blog of #LiteFinance

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The market could be dead wrong on rate cuts if this scenario plays out

The market could be dead wrong on rate cuts if this scenario plays out

May 7, 2025 9:03 am |

The Fed today is expected to keep interest rates steady at 4.25-4.50% and overall maintain a neutral stance given the uncertainty around tariffs and inflation expectations.

The market is pricing around 80 bps of easing by year-end but Fed Chair Powell could push back against such dovish expectations triggering a repricing to around 50 bps, which has been the Fed’s baseline for 2025.

There is a scenario though where the Fed doesn’t cut at all or delivers just one cut in 2025. The main factor for that scenario revolves around trade negotiations.

If we get something very positive, like much lower than expected reciprocal tariffs or even free trade deals, there will likely be a strong surge in demand. We’ve been hearing and seeing from the economic reports that business are cautious due to tariff uncertainty and that’s holding back activity. With a positive resolution, economic activity will pick up fast.

In this best case scenario, the Fed could be even more constrained because there will be upward pressure on inflation and the economic data will start to show a strong rebound in activity justifying a cautious approach to rate adjustments.

This is something to keep in mind because such changes offer great trading opportunities as the market readjusts to new conditions. Contingency planning is an essential part of a trader’s analysis.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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China gold reserves rise for sixth straight month

China gold reserves rise for sixth straight month

May 7, 2025 9:01 am |

The latest data shows that China’s gold reserves at the end of April were at 73.77 million ounces, up from 73.70 million ounces at the end of March. In value terms, the reserves at the end of April amount to $243.59 billion compared to $229.59 billion at the end of March.

It’s the sixth consecutive month now that the PBOC has been increasing its gold reserves. Just keep swimming, swimming, swimming.

This article was written by Justin Low at www.forexlive.com.

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