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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Save the Date: Hong Kong to Embrace iFX EXPO Asia 2015 on January 27-29
2014-09-04T13:03:17.000+02:00
The annual iFX EXPO Asia will be held at one of the continent's most promising financial hubs, offering a venue for business networking accompanied by dedicated panels and keynotes speeches by industry pros.
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IronFX Grilled on Chinese TV by Affiliates, Criminal Fraud Investigation Filed on Air - Updated
2014-09-04T10:00:39.000+02:00
In a 20 minute report, a journalist went undercover to experience the deposit process and track the money. A Chinese official called for a “severe punishment” in the event that IronFX is found to be operating illegally.
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Monex Arrests Decline in Monthly Forex Trading Volumes, While YoY FX Volumes Decline 42%
2014-09-04T05:52:19.000+02:00
Monex results reveal a halt to 6 consecutive month-on-month declines in FX volumes. With stock brokerage performance showing only marginal improvement, the broker continues its struggle with market conditions.
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Brokers
BMFN Expands UAE Presence with Local Partnership with Noor Capital
2014-09-03T20:39:29.000+02:00
Global financial trading firm, BMFN, has reported that it has signed a partnership with UAE regulated firm Noor Capital, the firm will be the client facing entity servicing Middle Eastern clients for BMFN.
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Analysis
Traders Trust Officially Took Control over JFX Website Domain and Client Book
2014-09-03T16:37:20.000+02:00
As first exclusively published by Forex Magnates in June, JFX's business has been merged into Traders Trust Capital Markets. The firm has renounced its CySEC authorization and traders are redirected to TTCM website.
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DMM’s FX Volume Collapse Finally Halted, up 6% in August after Six Months of Declines
2014-09-03T15:39:56.000+02:00
Investors of Japan’s second largest retail forex broker by volume, DMM Securities, should not be satisfied with this rebound as its competitor GMO Click reported an impressive 25% jump in volume for August.
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Saxo Capital Markets UK Corporate Governance Revamped with Torben Kaaber's Departure
2014-09-03T15:16:30.000+02:00
Forex Magnates is reporting about a recent executive reshuffling at Saxo Capital Markets UK - Mateo Cassina was appointed to succeed Torben Kaaber at the helm of the company, taking the CEO position this summer.
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Retail Forex Volumes at GMO Click Securities Skyrocket 25% in August
2014-09-03T10:32:19.000+02:00
After six consecutive months of declines, forex trading volumes at GMO Click rebounded sharply in August making this summer somewhat different from the traditionally slow seasoned decline in FX markets activity.
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Brokers
Interactive Brokers Reports August 2014 Trading Metrics, DARTs Decrease by 6% MoM
2014-09-02T18:40:50.000+02:00
The total client equity of Interactive Brokers reached $55.7 billion during the month of August 2014, just 4% higher than the July figure but an impressive 40% increase compared with the same month of previous year.
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A Partnership with OANDA Brings Trading Platform MotiveWave to OANDA Marketplace
2014-09-02T15:10:26.000+02:00
OANDA's Marketplace gains access to an advanced technical analysis solution providing expanded backtesting capabilities and clever analysis tools catering to an expanded variety of forex and CFD traders.
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Exclusive: Binary Consortium Eyes Industry-Propelling London IPO, Said to Include TraderXP
2014-09-02T13:54:40.000+02:00
Forex Magnates has learned that a group of binary options brands is taking measures to become an industry pioneer, going public in the London Stock Exchange's AIM with a $300-400 million market value.
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Exclusive: Saxo Bank Raises Margin Requirements on Swiss Franc Trading
2014-09-02T02:40:55.000+02:00
Increasing geopolitical risks coupled with the shift of monetary policy of the European Central Bank are risking a test of the Swiss National Bank's resolve to maintain the EURCHF "floor" level at 1.20.
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Analysis
Revamped Melbourne Trading Expo Plays Through as Brokers Look to Reduce Handicap
2014-09-01T23:30:34.000+02:00
Melbourne's annual trader's expo has seen a sharp fall in broker participation this year. Several firms were keen to show their face and wares despite the flat trading conditions seen in most asset classes.
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Brokers
Belize Brokerage MTrading Officially Joins the Financial Commission
2014-09-01T08:58:55.000+02:00
MTrading (ServiceCom Ltd), regulated in Belize, joins the growing list of brokers who have obtained membership with the Financial Commission to help resolve client complaints in an unbiased procedure.
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FX Promotions Race Reaches New Heights as IronFX Offers a Flight to Space
2014-09-01T08:52:25.000+02:00
As more and more FX and Binary brokers sign sponsorship deals with popular sports teams in fields like Soccer, Basketball or F1 Racing, IronFX found a way to be original with a prize that is truly out of this world.
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Brokers
August Forex Industry Review: CLONE WARS!!!
2014-08-31T21:22:33.000+02:00
Are you reading Forex Magnates or Forex Magnets? Clones have taken the FX world by storm causing havoc to small and large firm alike. Clones were one of the many hot stories we review this month.
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Brokers
Israeli Financial TV Show Warns Against "Cash Extractor" Binary Options Trading
2014-08-31T15:08:54.000+02:00
The former Commissioner of the Israeli Income Tax Authority, who is the founder and Chairwoman of Binary Options trading brand, etrader, has defended the trade: "there are quite a few people that make profits."
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Exclusive: FxPro and eToro File 2013 UK Annual Reports
2014-08-31T11:30:30.000+02:00
For FxPro and eToro, the UK remains a small but important piece of their overall operations. Gleaming information about their operations in the country, Forex Magnates takes a look at their 2013 UK reports.
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Good Morning Japan, Abenomics Is in Free Fall and the Bank Of Japan Can’t Help It
2014-08-29T12:21:36.000+02:00
Shinzo Abe’s house of cards is falling under its own weight leaving structural reform on the back burner and presenting the Bank of Japan with a limited amount of tools to conduct appropriate monetary policy.
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Exclusive: Binary Options Brokerage EZTrader Strikes Deals with Bayer & Feyenoord
2014-08-29T12:04:00.000+02:00
Binary options provider EZTrader is the latest brand to push aggressively into offline advertising by striking sponsorships with German Beyer 04 Leverkusen and Dutch Feyenoord Rotterdam football teams.
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Analysis
Analysis: Are Forex Markets about to Wake up to Volatility Factors?
2014-08-29T00:26:08.000+02:00
As G7 forex volatility has been hovering near 21 year lows, we are seeing the first signs of a turnaround in the final days before the U.S. Labor day holiday marks the beginning of “trading season”.
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FxPro Launches New In-House Developed Web Trader for MT4 Customers
2014-08-28T18:15:00.000+02:00
Expanding its list of in-house developed technologies, FxPro has launched a new webtrader to clients. The trading platform replaces their previous version which was licensed from a 3rd party provider.
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Analysis
Breaking: ETX Capital Focuses on Technology by Acquiring Ariel Communications
2014-08-28T16:38:50.000+02:00
ETX Capital's global spread betting, leveraged forex and CFD trading business is focusing on in-house technology to develop a unique offering aiming to deliver a more targeted solution to its client base.
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Analysis
ayondo Announces Further Funding from Luminor Capital, CEO Outlines Social Trading
2014-08-27T19:20:03.000+02:00
This is the second round of investment from Luminor Capital, which the ayondo Holding AG is receiving throughout the year, with an earlier tranche from Luminor Capital totaling 5.5 million swiss francs.
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Analysis
Forex Nation Looks to Break the Mould by Offering Customers Good Cause to Trade
2014-08-27T14:48:53.000+02:00
In the vast and sometimes brutal jungle of currency trading, an Australian Nonprofit broker wants to apply social responsibility to its core business model. Is giving back compatible with competitive market goals?
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