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Analysis
Admiral Markets Reshuffles the List of Available Currency Pairs
2015-03-20T14:39:24.000+02:00
After thorough statistical analysis, Admiral Markets is reassessing the number of currency pairs offered to its clients and starting from the 30th of March the company is removing certain instruments.
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FXCM UK Updates Negative Balance Policy to Include Only First $50,000
2015-03-20T12:14:07.000+02:00
FXCM has just updated its master trading agreement to reflect the challenges associated with a negative balance protection policy for retail forex traders, now including "insurance" only on the first $50,000.
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Analysis
Alpari Scraps CFDs Offering Citing Low Demand
2015-03-19T20:55:15.000+02:00
Brent and WTI crude oil contracts remain active due to their popularity on the Russian market as Alpari might be preparing to face regulatory challenges related to offering CFD products in Russia.
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Brokers
ADS Securities Sponsoring Formula Renault Swiss Driver in 2015
2015-03-19T15:30:34.000+02:00
Abu Dhabi-based brokerage, ADS Securities, has announced that it will be sponsoring Swiss racing driver Louis Delétraz in his driving at the Formula Renault 2.0 Northern European Cup throughout 2015.
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Brokers
Reviewing Saxo Bank’s 2014 Annual Report
2015-03-19T14:34:43.000+02:00
Along with their financial figures, Saxo Bank issued its 2014 Annual Report yesterday. Forex Magnates takes a closer look for additional details about the broker's operations last year.
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Brokers
Alpari UK’s Administrator KPMG Clarifies Client Money Pool Currency Issues
2015-03-18T23:04:11.000+02:00
KPMG has updated its Alpari portal with information about currencies used in the special administration. The administrator cited reports in Forex Magnates and wanted to clarify the position for traders.
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Saxo Bank's Co-CEO Kim Fournais: Equity Traders Surpass Forex in 2014
2015-03-18T21:37:50.000+02:00
Forex Magnates' reporters spoke to Founder and co-CEO of Saxo Bank, Kim Fournais, about the company’s performance in 2014 and the challenges of January which the brokerage faced after the EUR/CHF floor removal.
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Blogs
Stephonomics: AUD Insider Trading, or Just Plain Trading?
2015-03-18T21:30:49.000+02:00
With 30 years of industry experience, Stephen A. Simonis presents his view about current events and their past parallels. Read and learn what he has to say about the AUD, scapegoats and Zuccotti Park.
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Analysis
Saxo Bank Announces 2014 Results, Profits Double As Deposits Grow
2015-03-18T15:00:23.000+02:00
Saxo Bank estimates that the maximum losses related to the Swiss National Bank's debacle will total $100 million, which will be reflected in the annual report for 2015
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Analysis
Breaking: Alpari Looking to Establish New EU Licensed Subsidiary
2015-03-18T12:32:01.000+02:00
The firm is already looking to hire a managing director for a subsidiary to be based in the EU, targeting clients mainly from Eastern Europe, where the brand has been actively promoting its services in the past.
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News
Stock Market Simulation App TradeHero Partners OANDA to Add Forex
2015-03-18T10:22:37.000+02:00
The trading gamification app is adding foreign exchange and precious metals feeds though a partnership with OANDA, boasting an impressive presence in Southeast Asia in trading related mobile applications.
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Analysis
KPMG Disburses First Wave of Account Balances to Alpari UK Clients
2015-03-17T21:42:19.000+02:00
An ongoing saga between Alpari UK clients and creditors, as moderated by KPMG, has reached a new turn Tuesday, with the first tranche of clients with negative balances being covered.
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Analysis
Spanish Retail Broker Interdin Shaken by the US Patriot Act
2015-03-17T21:39:28.000+02:00
The parent company of the broker was Banco de Madrid, which went belly up on Monday as U.S. authorities have cracked down on its parent bank Banco de Andorra and labeled it as "a primary money laundering concern".
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Australian Insider Trading Duo Gets Jail Time After Trading Margin FX
2015-03-17T21:09:29.000+02:00
Former Australian Bureau of Statistics employee Christopher Hill got 3 years and 3 months while the holder of margin forex trading accounts with Pepperstone and AxiCorp Luca Kamay is sentenced to 7 years and 3 months.
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Blogs
FXCM Seniors Sign Revised Founder Severance Agreement - Thus Providing a Layer of Safety
2015-03-17T20:32:31.000+02:00
Senior executives at listed currency and CFD broker, FXCM, have signed an amended agreement that protects them in case their employment is terminated, with the four receiving a set remuneration in reference to their salary and bonus.
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Analysis
Exclusive: ThinkForex Acquires Admiral Markets’ Middle Eastern License, Opens Dubai Office
2015-03-17T17:40:19.000+02:00
ThinkForex, an FCA regulated FX, metals, and CFD provider, has acquired Admiral Markets’ subsidiary in Dubai
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Analysis
GAIN Capital Shareholders Green Light Acquisition of City Index Ltd
2015-03-17T15:21:52.000+02:00
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Blogs
Lock, Stock and the Price of the Oil Barrel
2015-03-17T13:41:02.000+02:00
The selloff in the price of crude has gathered pace after Friday's report, but how much further can it go and what are the longer term outlooks on a technical analysis basis?
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Analysis
IG Group Stockbroking Business on Track With 2600 Funded Accounts
2015-03-17T11:46:26.000+02:00
The majority of the clients who got interested in the product, are new customers for the company and have also expressed interest in the firm’s leverage traded products, as the company awaits its Dubai license.
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IG Group Expects to Provide for Majority of CHF Related Client Debts
2015-03-17T11:17:19.000+02:00
IG Group's attempts to recover client funds continue with half of the negative balances resulting from the Swiss National Bank's decision to remove the 1.20 floor in the EUR/CHF already settled.
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Analysis
Fraud Alert: Belgium FSMA Warns against a New Breed of Forex Scams
2015-03-16T19:41:01.000+02:00
Fake lawyers, accountants and financial advisors are claiming that they are somehow able to recover deposits of clients who have lost money in trading forex and off exchange binary options contracts.
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Brokers
FxPro Officially Goes Live with MetaTrader 5 Offering
2015-03-16T17:21:01.000+02:00
After announcing in January its intentions to offer MT5 to the market, FxPro today launched its solution optimized for use by STP brokers in the global foreign exchange industry amid growing demand.
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Brokers
FXCM Inc Shares Trading Lower 7% Amid Analyst Downgrades
2015-03-16T16:25:30.000+02:00
A number of analysts have issued their ratings on FXCM stock in recent days after the company reported a stronger than expected fourth quarter of 2014, revealing more details about its SNB induced crisis.
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Brokers
EZTrader Signs Sponsorship Deal with English Football Club Everton
2015-03-16T11:50:46.000+02:00
EZTrader will be the Official Online Trading Partner up to the end of the 2016/2017 season, with an option of extending the agreement beyond that date.
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Brokers
FCA Issues Finalised Guidance for Social Media Financial Promotions
2015-03-14T18:23:29.000+02:00
The finalised version of the social media guidance was published by the FCA after extensive consultation with the industry, outlining how brokers can appropriately use this wide-reaching communications channel.
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