Talk:EightCap
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Notability
[edit]None of the sources appear to be reliable independent secondary sources. I wish you had put this through WP:AfC. Can you indicate which of the sources you believe establish notability? WP:N Czarking0 (talk) 23:40, 17 May 2025 (UTC)
- Thank you for the feedback, Czarking0.
- Regarding WP:AfC — I appreciate the point. I chose not to go through Articles for Creation because I have prior experience with article writing and believed this topic could meet notability criteria with careful sourcing and neutral tone. AfC can also involve long review delays, and I felt it was more productive to work collaboratively in mainspace, where iterative improvement is easier and more responsive.
- As for notability: I agree that EightCap is not widely covered in top-tier general media. However, within the financial services and retail trading sector, the company has been consistently covered by established industry publications such as Finance Magnates and FX News Group. These outlets routinely report on brokers' regulatory compliance, business partnerships, and structural developments — the kind of ongoing coverage that is unlikely to appear in mainstream outlets like Bloomberg or WSJ unless a company is going public or involved in a major scandal. In other words, mainstream media typically cover the market’s headline events, while specialized industry media report on its day-to-day realities.
- This article was never intended to be a polished or comprehensive "Featured Article" from the start. Like much of Wikipedia, it follows an iterative model: a work in progress meant to be expanded, refined, and improved over time through community input. I'm happy to keep working on the sourcing and welcome any suggestions for stronger references or specific edits. Kahvihenki (talk) 07:32, 19 May 2025 (UTC)
- I appreciate the response. After looking through FX News Group I do not consider them to be a reliable source. Finance Magnets is harder to say. With some evidence I would be willing to accept their notability. Czarking0 (talk) 14:54, 19 May 2025 (UTC)
- I believe both FX News Group and Finance Magnates meet the standard for reliable secondary sources in the context of the online trading and fintech industry. These outlets are not simple aggregators; they demonstrate subject-matter expertise and have a track record of publishing original investigative reporting that influences market participants, is cited by other media, and in some cases precedes or coincides with regulatory action.
- FX News Group has published several original reports that were subsequently referenced by other outlets, suggesting it can serve as an independent secondary source within the online-trading sector. Examples include: its 23 September 2022 report on Apple's removal of MetaTrader 4/5, later cited by Forbes; its exclusive coverage of major XTB shareholder Jakub Zabłocki cashing out $194 million; reporting on the immediate liquidation of troubled broker USGFX due to internal shareholder obstruction, and exclusive details on ThinkMarkets' failed IPO process and re-extended deadlines.
- Finance Magnates has published multiple original investigations that were later picked up by other media or followed by regulatory action. These include its 2016 reporting on ACFX withdrawal delays, which preceded CySEC's license suspension; an exclusive on GAIN Capital's acquisition of City Index; and early coverage of Jefferies' exit from FX prime brokerage, later confirmed by Bloomberg. FM also first broke developments in the SEC's PlexCoin case (cited by CoinDesk). Kahvihenki (talk) 10:14, 21 May 2025 (UTC)
- I appreciate the response. After looking through FX News Group I do not consider them to be a reliable source. Finance Magnets is harder to say. With some evidence I would be willing to accept their notability. Czarking0 (talk) 14:54, 19 May 2025 (UTC)