brokers
CySEC Suspends Financial Services License of FxPulp on Two Counts
- The Cypriot watchdog has raised its concerns about the client funds at the company and the compliance with the practice of client funds segregation, while also being alarmed about anti-money laundering procedures.
Wednesday, 18/02/2015 | 15:46 GMT by
Victor Golovtchenko
OANDA Enhances Developer API as the Broker Advances Third Party Integration
- Receiving demand from both traders using the API, integrating their apps to their trading accounts, as well as from third party developers, OANDA has announced an update to its API Developer Portal.
Wednesday, 18/02/2015 | 14:18 GMT by
Ron Finberg
Alpari Moves Exotic Currency Pairs into Close Only Mode
- The changes will take effect on the 20th of February, with a hard deadline on the 27th when all of the positions will be closed at the last available rate, as the firm adds 26 new currency pairs to its Nano accounts.
Wednesday, 18/02/2015 | 09:43 GMT by
Victor Golovtchenko
Bulgarian Regulator Warns Against Prospective Interactive Brokers Clone
- The entity Global Markets Ltd. has changed its name to Interactive Brokerage Ltd., which is dangerously close the to US-listed and CFTC-regulated brokerage Interactive Brokers while continuing to on-board clients.
Tuesday, 17/02/2015 | 15:44 GMT by
Victor Golovtchenko
How Can Brokers Evaluate Risk?
- Answering a comment on his previous blog post, Centroid Solutions' CEO Rani Sawaf provides an in detail example of several key risk factors concerning the forex space. Engage in the discussion in the comments below.
Tuesday, 17/02/2015 | 15:31 GMT by
Guest Contributors
How Will Alpari UK's Demise Affect the Group's Dubai Office?
- Several industry participants are negotiating for the Alpari ME unit, eyeing its ready made local infrastructure. Mass migration of the office's 40 employees to a local competitor is also on the agenda.
Tuesday, 17/02/2015 | 12:21 GMT by
Finance Magnates Staff
GO Markets Extends Reach to UK as It Partners with Vantage FX UK
- Vantage FX UK, a London-based financial derivatives broker will be rebranding as GO Markets. The firm reported that it will be merging with the Australian regulated broker with changes expected to take place in March, clients are unaffected.
Monday, 16/02/2015 | 21:52 GMT by
Adil Siddiqui
Latest Build of MetaTrader 5 Integrates VPS Options, Revamps Marketplace
- For those traders who are banking on speed with their expert advisors, there is an integrated VPS option, while Metaquotes has optimized the Metatrader Market by enabling a set of different rent periods.
Monday, 16/02/2015 | 17:40 GMT by
Victor Golovtchenko
New Zealand Registered Ukrainian Broker Forex Trend Blacklisted by CRFIN
- After Alpari Russia has openly stated that the Ukrainian brokerage registered in New Zealand, Forex Trend, violated its rights on the “PAMM account” trademark, the Russian self-regulatory organization takes action.
Monday, 16/02/2015 | 13:15 GMT by
Victor Golovtchenko
How to Stay In Control of your Managed Forex Account
- In this guest blog post, Ismar Zembo decides that enough is enough - at least when it comes to trusting money managers blindly. Questions must be raised beforehand. Find out here what you should clarify.
Monday, 16/02/2015 | 12:02 GMT by
Guest Contributors
Australian Regulator Cancels License of FX Broker Enfinium Post-Mortem
- After an investigation into the broker’s alleged virtual dealer malpractices between 2010 and 2013 yielded no results due to the company not maintaining adequate records of its operations, ASIC cancelled its license.
Monday, 16/02/2015 | 10:21 GMT by
Victor Golovtchenko
Japan FX Retail Broker Volumes Continue to Rise as January Figures Grow by 3.2%
- January trading volumes in Japan were 661.9 trillion yen (approximately $5.61T). Volumes increased nearly 3.2% from December, when total Japanese volumes were reported at 641 trillion yen.
Monday, 16/02/2015 | 08:53 GMT by
Ron Finberg
Binary Options Trading Volume in Japan Jumps 42.77% YoY
- Making up most of the volume in January was USDJPY binary options, accounting for 23.38 billion yen. Traders fared best in using FX Trade Financial’s Range Binary Options, with a loss customer ratio of only 55.2%.
Monday, 16/02/2015 | 08:32 GMT by
Kenny Mariasin
Boston Prime Exposed as Alpari UK Clients Still in the Dark
- Last week saw a bevy of allegations levelled at FXDD, KPMG keeping tight-lipped on Alpari UK's customer accounts, FXCM taking some safety measures FxPro's CEO sharing his vision for the future of the industry.
Sunday, 15/02/2015 | 11:01 GMT by
Kenny Mariasin
Bitcoin Weekly Wrap - Virtual Currency Industry Supports Authorization of Regulated Venue
- Digital currencies welcomed a new bill drafted by Republican Marc Roberts to promote trade and commerce by accepting Bitcoins, read this and other key stories affecting the Bitoin sector in weekly Bitcoin Picks.
Saturday, 14/02/2015 | 17:19 GMT by
Adil Siddiqui
CFDs Weary of Competition from Alternative Leveraged Products as Volumes Increase
- Listed derivatives such as Exchange Traded Products are gaining traction as investors explore alternative instruments in light of market volatility. Boost ETP’s volumes increased significantly in January.
Saturday, 14/02/2015 | 12:07 GMT by
Adil Siddiqui
IQ Option Delivers Own HTML5 Binary Options Platform
- The brokerage is entering the binary options market globally and while until now it has been targeting mainly clients from Russia, the firm has its targets set far as it delivers a very solid experience to the market.
Friday, 13/02/2015 | 15:17 GMT by
Victor Golovtchenko
Alpari Reverses MetaTrader 5 Phasing out, Reduces Decimals on RUB Pairs
Friday, 13/02/2015 | 12:11 GMT by
Victor Golovtchenko
Ontario Securities Commission Issues Warning Against Costa Rican Chikara FX
- Canadian investors have been advised by regional financial watchdog, Ontario Securities Commission, to refrain from dealings with the international managed and non-discretionary forex accounts provider Chikara FX.
Thursday, 12/02/2015 | 21:54 GMT by
Adil Siddiqui
ayondo Partners with StockPulse to Deliver Sentiment Analysis for Its Clients
- One of the leading social trading providers, ayondo, has entered into a new partnership which will expand the scope of its clients into sentiment analysis indicators for no additional costs to the end clients.
Thursday, 12/02/2015 | 16:56 GMT by
Victor Golovtchenko
Russian Self-Regulatory Body CRFIN Blacklists Entity PROM 24
- A suspiciously high return rate on managed accounts accompanied by a referral bonus scheme is raising red flags for the entity, in a country where forex schemes are growing like mushrooms lately.
Thursday, 12/02/2015 | 13:29 GMT by
Victor Golovtchenko
Exclusive: Boston Prime Bankruptcy Documentation Reveals More Client Funds Questions
- An affidavit by former CEO of Boston Technologies and director of BT Prime and Boston Prime alleges that a client funds gap has been identified, as BT Employees, led by George Popescu, blew the whistle to the FCA.
Thursday, 12/02/2015 | 06:20 GMT by
Victor Golovtchenko
Saudi Arabian Derivatives Market Remains Attractive - One Financial Extends GCC Presence
- One Financial Markets continues to dominate the Middle Eastern margin derivatives market through the establishment of its latest office in the most populous nation in the GCC. The broker will set-up a new office in Saudi Arabia.
Thursday, 12/02/2015 | 05:30 GMT by
Adil Siddiqui
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}