Author: Simon Mugo

Simon is an experienced financial analyst and writer. He has worked for several major brokers, including Exness, ThinkMarkets, and ATFX. Simon's work has also appeared on trading website AskTraders.

Broker TabTrade reported that third-party data from Datalyst shows its Edge account recorded some of the lowest average spreads in the industry on major forex pairs during May. According to the company, the Edge account averaged spreads of 0.04 pips across the major pairs when measured over the full month, excluding the daily rollover period when spreads typically widen because of thinner liquidity conditions. TabTrade said the figures place its offering level with the tightest average spreads recorded by brokers tracked on the Datalyst platform. The broker also said several major currency pairs, including GBP/USD, USD/JPY, AUD/USD, NZD/USD, and USD/CHF,…

Read More

Ollie Rosewell has stepped down as CEO of Eightcap’s UK entity after seven years with the broker, according to his post on LinkedIn. Rosewell joined Eightcap in a senior marketing role before moving into commercial leadership and partnerships positions. He was later appointed CEO of the broker’s UK business, becoming an FCA-approved Senior Management Function (SMF1) holder. During his time at the company, Rosewell oversaw the growth of Eightcap’s marketing and commercial operations. He said the marketing team expanded from five employees to 23 across multiple locations, while the business generated more than 150,000 leads, 10,000 traded clients, and over…

Read More