fxbees.com the forex social trading site we reviewed here couple of months ago is now halting its trading due to CMS’s acquisition by Gain. I guess they’ll have hard time now migrating to another platform or broker. Note to new entrants in the already crowded social forex space – make sure not to be tied to just one broker…
As you probably already know, our partner broker CMS Forex was acquired by its competitor Gain Capital. As a consequence our electronic connection with CMS will not work any more on Monday and your trades will not be displayed in real-time at FxBees.com.
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However we do work on a solution, to establish the connection as soon as possible. So when FxBees.com does not work on Monday as usual, it doesnt mean we are offline. It just means that the connection with GAIN is still not working. Please be patient, thank you!
By the way: Your account will be transfered automatically, so you dont need to worry about that!
All the best,
Andre & Malte