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Last Week Recap: Updates on Saxo Bank, Trading 212, Eightcap, CySEC, OANDA, IG and 2026 FastBull GOLD Global S1 is in Full Swing

Source: Bery

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Fazzaco continued extensively covering the latest trends in forex, crypto, fintech, and prop trading last week. The below is the selected highlights of last week.

Denmark’s FSA Fines Saxo Bank DKK 313 Million Over AML Control Failures

Denmark’s Financial Supervisory Authority (FSA) has imposed an administrative fine of DKK 313 million (approximately $49.7 million) on Saxo Bank for anti-money laundering (AML) compliance failures linked to its institutional and white-label operations.

Trading 212 Secured FCA Approval After Offering Crypto ETNs in UK

Trading 212 offered cryptocurrency-linked investment products to UK customers without the required authorisation from the Financial Conduct Authority (FCA) before later securing approval, according to a report by the Financial Times.

Eightcap Makes Industry First with TradeLocker Launch for CFD Traders

Global derivatives broker Eightcap has taken a significant step in the retail trading landscape by becoming the first multi-regulated CFD broker to roll out the TradeLocker trading platform. The move underscores Eightcap’s ongoing commitment to broadening trader choice and delivering innovative trading solutions across different experience levels and strategies.

Cyprus Regulator Launches Survey to Quantify Financial Sector’s Economic Impact

Nicosia – Cyprus’ financial regulator, CySEC, has launched a new economic impact survey aimed at measuring how the island’s regulated financial sector contributes to jobs, investment, and spending.

OANDA Japan Cuts Silver Leverage to 5:1, Raises Margins Amid Market Volatility

OANDA Japan has introduced tighter trading restrictions on silver as volatility intensifies in precious metals markets.

IG Group Plans Crypto Offering Rollout in Singapore, Australia and UAE After Independent Reserve Deal

IG Group is preparing to roll out a dedicated crypto trading offering for clients in Singapore, Australia and the United Arab Emirates in the second half of 2026, following the completion of its acquisition of cryptocurrency exchange Independent Reserve.

Exciting Competition! 2026 FastBull Gold Demo Trading Contest Global S1 is in Full Swing

The 2026 FastBull Gold Demo Trading Contest Global S1 is now in full swing, attracting gold traders from around the world to compete and demonstrate their trading expertise. Since its official launch on January 20, it becoming a key stage for traders to test strategies, refine skills, and compete under real-market conditions.

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