FS26/3 holds the line on high-risk retail investment access
FS26/3 keeps UK high-risk promotion gates in place and puts mainstream risk warnings, appropriateness tests and model portfolios on a later timetable.
The Industry Spread
STOXX 600 to 631: the tighter-financing case
STOXX 600 last printed 649.11. Base case 631 into the December 17 ECB press conference, as a 35 bp rise in sovereign yields tightens euro-area financing.
STOXX 600
631by December 17, 2026
Wrong above660.51
Spot at filing649.11
STOXX 600 to 631: the tighter-financing case
CAD/NOK
6.5800by November 5, 2026
Wrong above6.7000
Spot at filing6.6325
CAD/NOK to 6.58 as Norway's rate premium holds
Jakarta Composite
5,439.26by November 18, 2026
Wrong below4,996.61
Spot at filing5,282.31
Jakarta Composite to 5,439.26: the BI-Rate hold case
Shanghai Composite
3,735.37by November 20, 2026
Wrong below3,574.271
Spot at filing3,651.4337
Shanghai Composite to 3,735.37 on an LPR hold
Levels as stated when filed. Not live prices. Analysis, not investment advice.
SEC 4-927: when should a tokenised stock venue check who can trade?
Letters on SEC File 4-927 ask that tokenised stock venues check wallet eligibility at the trade, not only at onboarding, and keep a signed record of each check.
CP26/36 sets the tests for new cryptoasset exclusions
CP26/36 sets the FCA's draft tests for new cryptoasset exclusions before the UK regime begins on October 25, 2027. Comments close on November 18, 2026.
OCC finds debanking policies at nine largest national banks
The OCC's October 14, 2026 report, NR-OCC-2026-90, says all nine largest national banks kept debanking policies through 2025, but it names no civil fine.
FirmWhat we foundFiled
Hash HedgeZero risk against the customer contract28 OctNairaPropPayout rules clash across the site27 OctPropMarket70/30 on the page, zero in the catalogue26 OctClickfundedThe reward buffer and the split25 OctGoat Funded FuturesIntraday floor once funded24 OctMyFundedPerpsFirst payout locks the loss floor23 OctSolana Funded90% on the page, 80% in the docs21 OctIQ Capital90 per cent, 80/20, or 100 per cent20 OctMyForexFundsMyForexFunds sets 23 November, with no rulebook yet19 OctPivexTwo legal names, and no split in the terms18 OctTraderscale24-hour claim, two-day review clock17 OctMixFundedSales cards and the rulebook clash16 Oct
About these reviews. The Industry Spread reviews prop firms independently. Firms do not pay for reviews and cannot see them before publication. The Industry Spread has no affiliate or referral relationship with the firms covered.
Reviews by Abdelaziz Fathi
True Forex Funds review: permanently closed for insolvency
True Forex Funds suits no one who wants to buy a challenge, because the homepage opened on 29 October 2026 is a closure notice stating that the firm has ceased all operations and is closing permanently due to financial insolvency. It does not suit a trader with a fee outstanding, a funded login or an unpaid profit share: the notice names no refund, no claims window and no paying entity. The biggest caveat is that fee, split and drawdown figures elsewhere are historical. The live page publishes none of them.
Binance wallets lose $3.5B as Tether and Circle freeze funds
About $3.5B left Binance hot wallets on Thursday.
VT Markets takes best gold trading platform at FinanceFeeds Awards
VT Markets has won Best Gold Trading Platform at the FinanceFeeds Awards 2026, capping a January in which it reported $1.5 trillion in gold turnover.
Axcera Takes Three FinanceFeeds Awards for Prop Tech
Axcera has won three FinanceFeeds Awards 2026 across prop trading technology, infrastructure and multi-asset solutions.
The Broker Back Office Becomes One Data Layer
The constraint on most brokerages is not strategy but infrastructure that cannot pass data between functions.
Abdelaziz Fathi
Abdelaziz Fathi covers the intersection of forex/CFD brokerage, regulation, liquidity, fintech, and digital assets.
Karthik Subramanian
Karthik Subramanian is a founder, writer, and technology consultant with nine years in the crypto ecosystem.
Rick Steves
Rick Steves has seen business and economics through many lenses.
Also filed
From the archive
Filed around 30 October in 2025, 2023, 2022 and 20212025
2023
