Forex Broker News Digest — June 24, 2026
Today's digest covers a mix of regulatory enforcement and product innovation across the forex and CFD industry. CySEC fines FXTM for compliance lapses, while Exness and Pepperstone roll out new offerings for Islamic and crypto traders. Meanwhile, regulators in Australia and South Africa step up warnings and enforcement actions.
Top Stories
1. CySEC Fines FXTM €200,000 for Reporting Failures
Broker / Topic: FXTM Category: regulation
The Cyprus Securities and Exchange Commission (CySEC) has imposed a €200,000 fine on FXTM for failing to submit timely financial reports and breaching client asset segregation rules. The regulator noted that the broker has since rectified the issues and cooperated with the investigation. The fine underscores CySEC's ongoing focus on compliance with reporting obligations and client fund protection.
📰 Source: Finance Magnates
2. Exness Launches Islamic Accounts with Zero Swap Fees
Broker / Topic: Exness Category: product
Exness has introduced swap-free Islamic accounts for clients in the Middle East and Southeast Asia, complying with Sharia law. The accounts offer zero overnight fees on major forex pairs and metals, catering to traders who require interest-free trading. This move strengthens Exness's presence in regions with high demand for Sharia-compliant financial services.
📰 Source: Exness
3. Pepperstone Introduces Zero-Commission Crypto CFDs
Broker / Topic: Pepperstone Category: product
Pepperstone has launched zero-commission trading on Bitcoin and Ethereum CFDs for retail clients, with spreads starting from 0.5 pips. The move aims to attract crypto traders amid rising demand for digital asset exposure. By eliminating commissions, Pepperstone positions itself competitively in the growing crypto CFD market.
📰 Source: ForexLive
4. eToro Ends 100% Deposit Bonus in EU Following ESMA Guidance
Broker / Topic: eToro Category: bonus
eToro has discontinued its 100% first deposit bonus for EU clients after the European Securities and Markets Authority (ESMA) clarified that such promotions violate new investor protection rules. Existing bonuses will be honored until expiry. The decision reflects a broader regulatory trend limiting aggressive marketing tactics in the EU.
📰 Source: FXStreet
5. ASIC Warns Brokers Against Misleading CFD Risk Disclosures
Broker / Topic: Industry (IC Markets, Plus500) Category: regulation
The Australian Securities and Investments Commission (ASIC) has issued a warning to several CFD brokers, including IC Markets and Plus500, for inadequate risk warnings on trading platforms. The regulator demands clearer disclosure of leverage risks and potential losses. ASIC's action highlights its commitment to ensuring retail investors are fully informed of the high risks involved in CFD trading.
📰 Source: Finance Magnates
6. FSCA Revokes License of Unregulated Offshore Broker
Broker / Topic: Industry Category: regulation
The Financial Sector Conduct Authority (FSCA) has revoked the license of an unnamed offshore broker targeting South African residents without proper authorization. The regulator urges traders to verify broker credentials on its official list. This action reinforces the FSCA's crackdown on unregulated entities operating in South Africa.
📰 Source: FSCA
What This Means for Traders
Today's news highlights the importance of choosing regulated brokers and understanding the terms of promotional offers. The CySEC fine on FXTM and ASIC's warning on risk disclosures remind traders to verify broker compliance and read risk warnings carefully. Meanwhile, new products like Exness's Islamic accounts and Pepperstone's zero-commission crypto CFDs offer more options for specific trading needs, but always consider the associated risks.
Compliance Footer
⚠️ This news digest reports factual industry developments based on cited public sources. We do not predict market movements, recommend trades, or provide investment advice. Verify all information with official broker / regulator websites before making decisions. Trading carries high risk.
Compiled 2026-06-24 | Sources: Finance Magnates, Exness, ForexLive, FXStreet, Finance Magnates, FSCA