Finance Magnates

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Finance Magnates
Finance Magnates Logo.png
Type of site
Available inEnglish, Russian
OwnerMichael Greenberg

Finance Magnates (formerly Forex Magnates) is a website offering online financial trading news and research in English and Russian, as well as English mobile apps for iOS and Android. The company publishes online trading news, produces industry research reports and hosts international events with a focus on the electronic trading, banking, investing and FinTech verticals.

Finance Magnates is headquartered in Ramat Gan, Israel and has offices in Lviv, Ukraine, and Limassol, Cyprus.[citation needed] The company has been mentioned by Reuters,[1] Forbes[2] and Business Insider.[3]


Originally branded as Forex Magnates, the website was founded in 2009 by Michael Greenberg.[citation needed]

In January 2017, Finance Magnates acquired currency trading and analysis website for an undisclosed sum.[4][5]


Finance Magnates reports on financial trading topics such as forex, binary options, cryptocurrency and FinTech. On average, 20 articles are published per business day, written by Finance Magnates’ in-house team of writers. The news website has been referenced by news outlets.[6][7][3]

Finance Magnates also publishes data on retail FX volumes, analyzing private firms' market performance.[8]


Finance Magnates hosts annual events for trading industry professionals around the world. The Finance Magnates London Summit is the company’s flagship industry event.[9] In 2014, the Finance Magnates Tokyo Summit hosted Japan's former Vice Minister of Finance, “Mr Yen”, Eisuki Sakakibara.[10]


  1. ^ "Citi seeking to sell retail FX arm: source". Reuters. 2017-04-14. Retrieved 2017-02-09.
  2. ^ Coleman, Alison. "Forex Scandals, Fines, and How A French Entrepreneur Is Bringing Fairness And Transparency To SMEs". Forbes. Retrieved 2017-02-09.
  3. ^ a b "Teenager who supposedly owns a gold Bentley attributes huge success to binary trading". Business Insider. Retrieved 2017-02-09.
  4. ^ "FX website Finance Magnates agrees to buy peer ForexLive". Reuters. 2017-01-05. Retrieved 2017-02-09.
  5. ^ "Finance Magnates gets into the B2C retail trader info business by acquiring ForexLive | LeapRate". Retrieved 2017-02-09.
  6. ^ "Binary options worth $1.25b to Israel's GDP in 2016 - Globes English". Globes (in Hebrew). Retrieved 2017-02-09.
  7. ^ "Major Israeli binary firm, Banc de Binary, lays off employees, said to be shutting down". The Times of Israel. Retrieved 2017-02-09.
  8. ^ "State of the Retail Foreign Exchange Market" (PDF). European Central Bank. January 2014.
  9. ^ "Useful Data | London Summit 2015". Retrieved 2017-02-09.
  10. ^ Finance Magnates (2015-06-08), Keynote Speech Mr Eisuke Sakakibara, retrieved 2017-02-09

External links[edit]