IC Markets and Darwinex Soldier Forth despite Minimal Losses and Setbacks

With damage control in full force, brokers are finding themselves on opposite sides of the fence with FXCM, Alpari and IG Group appearing as those hardest hit – conversely, IC Markets and Darwinex appear to be “business as usual”.

Recently, LMAX Exchange, OANDA and Pepperstone each issued statements calming investors and clients that operations are indeed full throttle despite minimal setbacks yesterday amid the CHF hoopla.

IC Markets and Darwinex join this growing list of survivors – according to a recently released IC Markets statement learned by 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 Magnates, “Although had a few negative balances predominantly due to pricing anomalies from our LPs which we are in the process of adjusting, it is business as usual.”

Conversely, Darwinex has also escaped calamity and reportedly suffered minimal losses as some customers were margined out with no consequent market for them to stop their losses. However, when weighed against the losses of other leading brokers, this appears to be a drop in the bucket.

“Your P&L is locked, your profits are real, and your balance is NOT at risk,” steadied the Darwinex Team in a recent statement to investors.