Latest
Italian Regulator Explains Issuing Warning Against Binary Options Brokers
- The Commissione Nazionale per le Società e la Borsa views Binary Options trading as "bets" and therefore warned the Italian public against a number of brokers that operated Italian support websites.
Wednesday, 05/03/2014 | 17:40 GMT by
Avi Mizrahi
Exclusive: OANDA's Server Hacked but No Harm to fxTrade
- Forex Magnates investigates after OANDA just announced it was hacked into on Monday, and an unauthorized access exposed customer data related to non-fx trading (information services) in certain of its older legacy products.
Wednesday, 05/03/2014 | 16:28 GMT by
Steven Hatzakis
A New UK Body to Regulate Payment Services? FCA Hopes to Improve Industry Competition
- UK's Financial Conduct Authority (FCA) plans to form a new regulatory body to oversee payment services companies in a bid to increase competition and ease entry for smaller companies.
Wednesday, 05/03/2014 | 12:26 GMT by
Payment Magnates
Finalto Nominated for Five Awards
- Finalto was nominated for five awards at the upcoming London Summit this November.
Thursday, 10/11/2022 | 08:19 GMT by
FM
FCA: New regulator to improve competition and ease entry for smaller firms in 2015
Wednesday, 05/03/2014 | 11:55 GMT by
FMAdmin Someone
IC Markets to Launch Chinese Yuan and Russian Ruble Trading
- Seeing customer demand and reacting to trading volatility, Australian IC Markets is launching trading in the Chinese yuan (USD/CNH) and Russian ruble (USD/RUB) on both its MT4 and cTrader platforms.
Wednesday, 05/03/2014 | 09:37 GMT by
Ron Finberg
Monex Reports February Totals, Daily Average Revenue Trades Drop 10% over January
- The group behind several business lines including TradeStation, and a stock brokering business, with significant trading volumes among retail fx firms, had its trading volumes drop in February when compared to January.
Wednesday, 05/03/2014 | 03:34 GMT by
Steven Hatzakis
Russian Central Bank Eyes FX Regulations Highlights Leverage & Advertising
- Russia’s central bank looks to regulate Forex trading, Russian media reports. The regulator is proposing new measures that sanction the way brokers advertise their products and the level of margin on open positions.
Tuesday, 04/03/2014 | 17:37 GMT by
Adil Siddiqui
Swissquote Releases 2013 Financial Results, FX Accounts up 92.1% YoY, Revenue up 12% YoY
- Swissquote Group has reported its financial results for the 2013 business year, citing staunch increases in fx accounts (92.1% YoY) and a 12% YoY increase in revenue, according to a company statement.
Tuesday, 04/03/2014 | 07:24 GMT by
Jeff Patterson
Interactive Brokers Reports February DARTs Unchanged, New Accounts up 3% over January
- Interactive Brokers has just released trading metrics for its February performance totals, showing growth in several segments, except for the Daily Average Revenue Trades which remain unchanged over January's total.
Monday, 03/03/2014 | 21:20 GMT by
Steven Hatzakis
Nadex Expands Expiries for GBP/USD and AUD/USD Two-Hour Binary Options Contracts
- IG group subsidiary North American Derivatives Exchange, operating under the Nadex brand, has added further time series to two major forex pairs, Forex Magnates speaks to it's CEO-designate Timothy McDermott for comments.
Monday, 03/03/2014 | 18:59 GMT by
Steven Hatzakis
Saxo Bank February Trading Volumes down 13% Despite Rise in Deposits
- Total monthly volumes came in at just $264 billion for February, down 13.2% from the January's total of $304 billion. The lower number of business days played a role in the decrease of the monthly figures.
Monday, 03/03/2014 | 10:18 GMT by
Avi Mizrahi
Lower Margin Requirements with FXCM's New Micro CFDs
- FXCM has reported that it has expanded its CFD product range to accommodate traders looking for low cost margins. The listed broker has launched micro CFDs on a range of instruments including equity indices and commodity contracts.
Monday, 03/03/2014 | 00:40 GMT by
Adil Siddiqui
Will You Buy Trading Magazines on Your MetaTrader Platform?
- Expanding its offering of third-party offerings being made available on MetaTrader, MetaQuotes has announced the addition of trading magazines being sold via its MetaTrader Market that will be available on MT5.
Sunday, 02/03/2014 | 11:08 GMT by
Ron Finberg
Tax-less ETF Trading in Hong Kong to Boost Volumes
- Hong Kong’s position as a leading financial services hub strengthens as the government unfolds positive reforms for listed derivatives in the 2014/15 budget, new legislation lays out tax exemption on ETFs.
Friday, 28/02/2014 | 21:23 GMT by
Adil Siddiqui
Xternity Raises $4.5M for GameFi Infrastructure; Launches Open Beta
- Game developers can access a multi-blockchain API and embedded crypto wallets.
Wednesday, 09/11/2022 | 15:15 GMT by
FM
CFTC Lobbies Orders for Trading Bans, Sanctions Via Forex Fraud Worth $2.9M
- The CFTC has obtained a series of orders effectively sanctioning the trifecta of Susan G. Davis, David E. Howard II, and Joseph Burgos for their role in the illegal solicitation of forex trading accounts.
Friday, 28/02/2014 | 18:58 GMT by
Jeff Patterson
IFC Markets Adds Hybrid Tool for Traders to Create CFD-Like Indexes
- With various regulated brands under the UK-based IFCM Group, the latest subsidiary - IFC Markets - has announced a major upgrade to its NetTradeX Platform with a unique tool: the Personal Composite Index (PCI).
Friday, 28/02/2014 | 13:57 GMT by
Steven Hatzakis
Battle of Trial Lawyers in Forex Class Action Case Begins as Quinn Emanuel Seeks Lead
- After the latest filing by the City of Philadelphia Board of Pensions and Retirement against 7 Foreign Exchange dealers, its counsel is seeking to challenge the NY court to appoint it lead counsel over the entire class.
Friday, 28/02/2014 | 10:09 GMT by
Steven Hatzakis
CFTC Charges Melody Nganthuy Phan with Elaborate Forex Scheme Valued at $3.7 Million
- The CFTC has filed civil enforcement charges, among others, against Melody Nganthuy Phan and her congregation of three companies for a fraudulent foreign exchange scheme valued at over $3.7 million.
Thursday, 27/02/2014 | 23:00 GMT by
Jeff Patterson
U.K. Hot for Chinese Currency as IFC to Issue 1Billion RMB-based Bond in London
- As China's currency becomes internationlized, the largest issued bond coming from a Multilateral organization backed by 184 member countries is set to issue in March for 1 billion RMB ($165 Million) in London.
Thursday, 27/02/2014 | 22:41 GMT by
Steven Hatzakis
OANDA Website Back Online After "Experiencing Issues" with Network Service Provider
- Forex Magnates learned that OANDA.com was offline, due to an apparent technical disruption with their Network Service Provider, affecting access to their MT4 platform (server) and something they are trying to fix ASAP.
Thursday, 27/02/2014 | 16:14 GMT by
Steven Hatzakis
B2Broker Updates B2Trader to Provide Stop Order Capability
- The B2Trader update provides new function and a better trading experience.
Wednesday, 09/11/2022 | 12:46 GMT by
FM
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