As another day draws to a close and we sail past the middle of the week, Finance Magnates brings you the latest daily digest of news from brokers across the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term industry.

In this edition, RoboForex tweaks the symbols on some of its CFDs, FxPro adds new features to its online Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term and Alpari ups the ante with its bonus programme for binary options traders.

RoboForex tweaks ticker symbols

First up, New Zealand-based STP (straight-through processing) provider, RoboForex, has made some adjustments to the symbols for some CFD tickers. Specifically, starting September 21 2015, symbols for the following CFDs on indexes will be changed:

The new symbols seek to clearly highlight the country from which the indices originate and provide an indication as to what they track.

The broker explained that open positions on these instruments will be closed at the market price at the end of the trading session on September 18 2015.

FxPro cTrader updates

Meanwhile, forex, futures and CFDs broker, FxPro, has informed its clients of new features that have been incorporated into its cTrader platform, a trading platform developed by Spotware.

In line with the trend towards multi-asset trading, users now have the ability to switch between using units and lots. To do so, traders simply press on the cog icon in the top right hand corner of the MarketWatch window to select their preferred measurement.

Additionally, those tired of the current background now have the option to customise their cTrader background by right-clicking on the chart window and then pressing on Background Image.

Alpari introduces binary options bonus points

Finally, Alpari is encouraging binary options enthusiasts to up the ante by extending its Bonus Programme.

The programme, which hitherto was available for forex transactions, allows traders to earn points that can be exchanged for cash or used to improve trading and investment conditions.

Quite simply, the bigger the investment in each option, the more points you will receive. Moreover, for those binary options novices, extra points will be credited to your bonus account for opening an alpari.binary account and making a deposit.

The currency of the bonus account is Alps (ALP), which can be exchanged for cash, used to buy discount packages, and put towards refunding user fees, spreads and commissions.