brokers
GAIN Capital Posts Strong Results For May 2013 - Institutional Volumes Up 152.6% YoY
- Further signs of the entire industry's recovery from a lackluster 2012 are demonstrated by GAIN Gapital's monthly metrics for May 2013. All volumes show an increase, with institutional business rocketing.
Monday, 17/06/2013 | 12:17 GMT by
Andrew Saks McLeod
Executive Interview: Paul Towne, CEO, Back Bay Forex Details Launch of New US Mid-Level Institutional Entrant
- American introducing broker Back Bay FX today launches its new mid-institutional white label, M2 Forex. CEO Paul Towne details the company's mission and position in today's highly competitive environment.
Friday, 14/06/2013 | 05:37 GMT by
Andrew Saks McLeod
Technocash Closing Under Liberty Reserve Damage
- Falling under pressure from investigations related to Liberty Reserve, payment provider Technocash is shutting down. They stated local banks placing restrictions on the company as leading to the decision.
Thursday, 13/06/2013 | 10:50 GMT by
Ron Finberg
CFTC Reports April FCM Data – FXCM Rises and OANDA Declines
- The CFTC reported April financial data for reporting FCMs. For forex firms, there was very little change, as total Retail Forex Funds dropped $177,260 to $647,759,923. Among gainers, FXCM saw account growth of $4.9 million
Thursday, 13/06/2013 | 08:00 GMT by
Ron Finberg
Russia’s State Duma Approves Forex Legislature in First Reading
- Leading Russian Forex SRO CRFIN announced that forex regulation legislation has passed a first reading at the State Duma. According to CRFIN, the draft is based on guidelines and support from the SRO.
Wednesday, 12/06/2013 | 12:24 GMT by
Ron Finberg
“April Showers Bring May Flowers”: Alpari Posts Another Volume Record for May 2013
- May is turning out to have been a very strong month for retail brokers. Following all-time records that were announced earlier this month from GMO Click, FXCM, and DMM, Alpari has just announced their fourth consecutive month of record volumes.
Wednesday, 12/06/2013 | 11:25 GMT by
Ron Finberg
Executive Interview: Vyacheslav Taran, Co-Founder and CEO of Forex Club
- In our latest Executive Interview, Forex Magnates speaks with Vyacheslav Taran Co-Founder and CEO of Forex Club, on his recent appointment to the top job at the broker, to learn about the recent news and to receive an update about Forex Club
Wednesday, 12/06/2013 | 11:09 GMT by
Ron Finberg
IG Group Releases Q4 and Full Year Trading Statement for 2013
- IG Group released its Trading Statement for the year ending May 31st, 2013. The statement includes unaudited figures for Q4 and the full year, with official audited results due out in July. Q4 revnues are expected to have risen 8% to £104.3.
Tuesday, 11/06/2013 | 08:48 GMT by
Ron Finberg
Another Record for DMM Securities in May 2013 Trading Volumes
- Japanese broker DMM Securities set another record as it has released its May trading volumes. For the month, total volume was $788.5 billion, 3.5% the previous all-time high of $761.5 billion set last month.
Tuesday, 11/06/2013 | 06:45 GMT by
Ron Finberg
Trade Volumes in Polish Stocks Increase, Derivatives Decline in May
- Poland’s main stock exchange has reported promising volumes for the month of May. The Warsaw Stock Exchange (WSE) recorded PLN 17.4 billion (US $5.41) total equity turnover in May, an increase of 17.2% year on year.
Monday, 10/06/2013 | 20:07 GMT by
Adil Siddiqui
OANDA Begins Piloting Partners Program
- In a first for the broker, OANDA has soft launched a partnership program for participating Introducing Brokers on a limited basis. The partnership program is currently being piloted by OANDA, with the broker evaluating the process
Thursday, 06/06/2013 | 07:21 GMT by
Ron Finberg
iFXEXPO Industry Review: Binary Options Creating a Buzz
- One of the overwhelming themes of the iFXEXPO was that binary options are a hot product in the market. We take a look at some of the current trends taking place and new products and players in this evolving market
Wednesday, 05/06/2013 | 13:58 GMT by
Ron Finberg
Exclusive: GAIN Capital Set to Launch Tradable
- According to Forex Magnates sources, GAIN Capital will be soon launching the tradable apps-based platform for its FOREX.COM brand. The news comes as tradable signed MT4i and Zulutrade recently as app developers for the platform.
Wednesday, 05/06/2013 | 09:22 GMT by
Ron Finberg
GKFX Adds CFD Product to its Offering - Backs Rising Sum
- New value investing platform to be distributed via GKFX following strategic partnership with Rising Sun. Such a move provides GKFX with a readily available CFD offering to add to its existing product range.
Tuesday, 04/06/2013 | 13:18 GMT by
Andrew Saks McLeod
GMO Click Sets Another Record – Closes In On $1 Trillion
- Another month, another record for GMO Click Securities. During the month, total volumes at the world's largest retail FX broker were $945.2 billion, a 1.8% increase from the previous record set in April.
Tuesday, 04/06/2013 | 11:29 GMT by
Ron Finberg
MetaQuotes Puts The Copy Trading Cat Among The Pigeons - What Does the Industry Think?
- With MetaQuotes urging users of its MetaTrader 4 platform not to use copy trading platforms Myfxbook, Zulutrade, Tradeo and Tradency, the viewpoint within the industry on the matter begins to make its presence known.
Tuesday, 04/06/2013 | 09:09 GMT by
Andrew Saks McLeod
MetaQuotes vs Third Party Signal Providers: ZuluTrade Speaks Out
- ZuluTrade CEO Leon Yohai provides Forex Magnates with his perspective on MetaQuotes' publication of a warning encouraging the avoidance third party copy trade and signal providers. Company looks ahead toward platform independence.
Tuesday, 04/06/2013 | 07:00 GMT by
Andrew Saks McLeod
The MetaQuotes Fall-Out: Tradency Ceases Relationship with Platform Provider Following Allegations of Hacking
- Tradency cuts loose from MetaQuotes after this morning's decision by the firm to issue a warning dissuading brokers and traders from using third party copy trading platforms due to an allegation by the firm that hacking had taken place.
Monday, 03/06/2013 | 14:50 GMT by
Andrew Saks McLeod
OANDA Upgrades fxTradeNOW Web Extension
- OANDA has recently announced that they have upgraded their browser extension trading platform. The extension, which was initially only available on Chrome, becomes accessible on IE9+, Firexfox, and Safari web browsers
Monday, 03/06/2013 | 10:09 GMT by
Ron Finberg
MetaQuotes Warns Brokers About Working with Tradency, Tradeo, Myfxbook & ZuluTrade
- In a story we have been following closely. MetaQuotes has published on its broker support site that it is urging brokers to cease operation with copy trading providers ZuluTrade, Tradency, Tradeo and Myfxbook
Monday, 03/06/2013 | 08:35 GMT by
Ron Finberg
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