fxbees.com temporary halt trading due to CMS acquisition

fxbees.com 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 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...

Dear member,

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.

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