Industry Dynamics Involving FXBO, Kama Capital and TradersYard; Report of Executive Moves; Client Account Profit/Loss Rate; FastBull S1 Trading Contest Heats Up

Fazzaco continued extensively covering the latest trends in forex, crypto, fintech, and prop trading last week. We also published the dynamic report of 34 executive moves across 26 industry companies since this August, and the latest update of 29 brokers' client account profit & loss rate report as well as the live update of the ongoing FastBull Trading Contest.

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

FXBO Achieves ISO 27001:2022 Certification for Information Security Management​

Last Friday, FXBO was proud to announce that they've achieved the prestigious ISO 27001:2022 certification for their Information Security Management System (ISMS). This certification solidifies their commitment to safeguarding data integrity and confidentiality, all while adhering to the highest standards of information security.

Kama Capital Appoints Razan Assaf as Deputy CEO

Kama Capital has promoted Razan Assaf to the position of Deputy Chief Executive Officer, recognizing her significant contributions since the firm's founding. Assaf has been instrumental in shaping Kama Capital's compliance and regulatory processes, helping the company secure crucial licenses essential for its growth.

TradersYard Abandons Social Network Plans to Focus on Prop Trading​

Prop trading firm TradersYard has decided to step away from its initial vision of creating a social network for traders, as announced via the company's LinkedIn profile. This shift, reportedly due to the complexities involved, will allow the firm to concentrate on developing prop trading challenges - a move that aligns more closely with its expertise and core interests.

A Dynamic Report of 34 Executive Moves of 26 Firms Since Aug 2024

In the article, we present a statistical analysis of the executive movements in the forex / crypto market from August 20 2024 to October 24 2024. Among them, both crypto and prop firms are put under the "Brokers".

By filtering the Fazzaco News database, the data in this article uses a total of 27 news under the Executive Moves tag reported by Fazzaco since August 2024, involving 34 job changes across 26 companies.

Fazzaco Reports: Client Account Profit/Loss Ratio of 29 Brokers in October 2024​

Among the 29 brokers this month, an average of 27.96% of client accounts achieved profits, while 72.04% of client accounts suffered losses. Compared with the average data in September 2024, the winning rate of client accounts decreased by 0.38%.

FastBull S1 Trading Contest Heats Up: Who Will Claim the Top Spot?

The FastBull S1 Global Trading Competition kicked off on October 15, 2024. A total of 29,138 traders from around the world have been allocated contest accounts, each starting with $100,000, diving into what has become an exhilarating contest.