FXBO & Brokeree Partner, MyFundedFX Rebrands, MetaTrader's Price Increase...More News Recap from Last Week

Fazzaco continued extensively covering the latest trends in forex, crypto, fintech, and prop trading last week. In addition to the news, we've also updated the institutional trading volumes, and published the survey on the MetaQuotes' markup as well as the organic traffic ranking of various brokers' online trading education platforms.

Below are news and articles for the Fazzaco's last week recap.

FXBO and Brokeree Unveil Integrated Social Trading and CRM Platform for cTrader Brokers​

FXBO, a CRM solutions provider for multi-asset brokers, has partnered with Brokeree Solutions to integrate its client management tools with Brokeree's Social Trading platform for cTrader users. The collaboration aims to streamline copy trading services with real-time data monitoring, enabling brokers to automate client notifications for milestones like profit thresholds or drawdowns.

MyFundedFX Rebrands as SeacrestFunded

Proprietary trading platform MyFundedFX has rebranded to SeacrestFunded, aligning itself with its newly established sister brokerage, Seacrest Markets. The shift reflects a broader industry trend of prop firms affiliating with licensed brokers to bolster credibility. MyFunded Futures, the platform's futures-focused division, will retain its name for now.

iForex Appoints Former CTO as Head of Innovation, Focusing on AI

British Virgin Islands-headquartered online trading platform iForex has announced the return of Hemi Algranaty to the company as its new Head of Innovation, effective immediately. Algranaty previously served as iForex's CTO for 12 years before departing in 2021 to assume the same role at competitor Wiser Market.

IG Group to Sunset Trading Community Platform

Electronic trading firm IG Group has announced the closure of its online community platform, the IG Community, effective February 28, 2025. The company posted a notice on its website informing users of the impending shutdown.

The notice stated, "We're sad to say that the IG Community will be closing down on February 28th 2025. It's been an incredible space for traders to share insights, discuss strategies, and support one another."  

Your January MetaQuotes Bill's Just In: How Much Are Brokers Paying Now?

Fazzaco revealed in December 2024 that MetaQuotes, the monopolist in global retail forex trading platforms, notified clients of license fee adjustments effective January 2025. Initial industry projections suggested increases exceeding 20%, potentially reaching 25%. However, our recent analysis of multiple brokers' 2025 payment bills indicates actual cost increments for most existing clients remain around 10%, representing over 50% discount to initial estimates.

The Most Popular Trading Academies in 2024 Or Top 5 Trading Academies by Organic Visits

Cristian Cochintu, an independent SEO consultant with extensive expertise in the financial technology (fintech) sector, has analysed the educational resources the top stocks and CFDs brokers offer, ranking them based on their estimated monthly visits from organic search.

Institutional Spot FX Trading Volume Total Rises 18.05% Monthly​

The institutional spot FX trading volumes of major platforms in January 2025 have seen an all-round bounce back. Among the five major institutions, the total sees a 18.05% rise monthly. The max. growth comes from 360T, up 25.60%.