Australia online broker Discover Forex News Group: the latest behind-the-scenes insight into all the FX executive moves, platform advancements, regulatory changes, broker results and volumes

Bell Financial outbids Axi for Australia low-cost trading platform SelfWealth

The consideration represents an implied equity value for SelfWealth of approximately AUD $57.7 million (USD $37 million).

SelfWealth has 129,000 Active Portfolios, with Funds under Administration of AUD $10.7 billion.

Spaceship has acquired more than 200,000 clients and surpassed $1.5 billion AUD in funds under management.

Stake Black will charge a fixed fee of $9 per month (discounted to $7.50/month for an annual subscription) for certain premium services.