brokers
FXCM Acquires Retail Trading Accounts from IBFX's Australian and US Firms
- Listed FX and CFD provider, FXCM, has acquired retail clients on the popular MT4 platform from IBFX entities. The multi-asset broker will on-board 13,000 trading accounts with a combined client equity of $63 million.
Friday, 05/09/2014 | 13:14 GMT by
Avi Mizrahi
Exclusive: Key Electronic Trading Venues & Brokers Mark Highest Weekly Volumes in 2014
- Multiple sources across the industry are confirming to Forex Magnates reporters on Friday that the first week of September is their best week this year, despite Monday being subdued due to labor day.
Friday, 05/09/2014 | 12:38 GMT by
Victor Golovtchenko
Yearly Operating Income at CMC Markets Rises by 14% in 2014, Costs down 16%
- London headquartered financial spread betting, CFD and foreign exchange trading provider CMC Markets, issued a company announcement detailing its results for the twelve months ending on the 31st of March 2014.
Friday, 05/09/2014 | 10:51 GMT by
Victor Golovtchenko
Saxo Bank Announces 3% MoM Rise in ADV; Total Volumes Decline 8.6% YoY
- The Danish broker publishes a mixed bag of results although perfomance metrics remain broadly stable. Client collateral has risen 40% since last year in the absence of market volatility.
Friday, 05/09/2014 | 05:28 GMT by
George Tchetvertakov
Exclusive: French TV Show Exposes Two Binary Options WLs - Royal De Bank & Futurmarket
- Multiple independent sources are confirming to Forex Magnates about an investigative report on French television exposing two binary options white labels targeting French clients - Royal De Bank and Futurmarket.
Thursday, 04/09/2014 | 22:44 GMT by
Victor Golovtchenko
Exclusive: NFA Issues a Complaint against FXDD, Raising Allegations on Five Counts
- According to information exclusively obtained by Forex Magnates the company is facing up to $1,250,000 in fines from the NFA, as charges are raised against FXDD and its CEO, Joseph Botkie.
Thursday, 04/09/2014 | 21:17 GMT by
Victor Golovtchenko
ZuluTrade Adds ActTrader Support to Its Trading Platform Options
- The social trading service adds ActTrader to MT4, JForex and others. On ZuluTrade's website, in the signup process, the brokers that appear to support ActTrader on Zulu are Ava Trade, Lionstone and BMFN.
Thursday, 04/09/2014 | 12:16 GMT by
Avi Mizrahi
Save the Date: Hong Kong to Embrace iFX EXPO Asia 2015 on January 27-29
- 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.
Thursday, 04/09/2014 | 11:03 GMT by
FMAdmin Someone
IronFX Grilled on Chinese TV by Affiliates, Criminal Fraud Investigation Filed on Air - Updated
- 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.
Thursday, 04/09/2014 | 08:00 GMT by
Avi Mizrahi
Monex Arrests Decline in Monthly Forex Trading Volumes, While YoY FX Volumes Decline 42%
- 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.
Thursday, 04/09/2014 | 03:52 GMT by
George Tchetvertakov
BMFN Expands UAE Presence with Local Partnership with Noor Capital
- 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.
Wednesday, 03/09/2014 | 18:39 GMT by
Adil Siddiqui
Traders Trust Officially Took Control over JFX Website Domain and Client Book
- 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.
Wednesday, 03/09/2014 | 14:37 GMT by
Avi Mizrahi
DMM’s FX Volume Collapse Finally Halted, up 6% in August after Six Months of Declines
- 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.
Wednesday, 03/09/2014 | 13:39 GMT by
Avi Mizrahi
Saxo Capital Markets UK Corporate Governance Revamped with Torben Kaaber's Departure
- 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.
Wednesday, 03/09/2014 | 13:16 GMT by
Victor Golovtchenko
Retail Forex Volumes at GMO Click Securities Skyrocket 25% in August
- 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.
Wednesday, 03/09/2014 | 08:32 GMT by
Victor Golovtchenko
Interactive Brokers Reports August 2014 Trading Metrics, DARTs Decrease by 6% MoM
- 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.
Tuesday, 02/09/2014 | 16:40 GMT by
Avi Mizrahi
A Partnership with OANDA Brings Trading Platform MotiveWave to OANDA Marketplace
- 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.
Tuesday, 02/09/2014 | 13:10 GMT by
Victor Golovtchenko
Exclusive: Binary Consortium Eyes Industry-Propelling London IPO, Said to Include TraderXP
- 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.
Tuesday, 02/09/2014 | 11:54 GMT by
Avi Mizrahi
Exclusive: Saxo Bank Raises Margin Requirements on Swiss Franc Trading
- 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.
Tuesday, 02/09/2014 | 00:40 GMT by
Victor Golovtchenko
Revamped Melbourne Trading Expo Plays Through as Brokers Look to Reduce Handicap
- 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.
Monday, 01/09/2014 | 21:30 GMT by
George Tchetvertakov
Belize Brokerage MTrading Officially Joins the Financial Commission
- 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.
Monday, 01/09/2014 | 06:58 GMT by
Avi Mizrahi
FX Promotions Race Reaches New Heights as IronFX Offers a Flight to Space
- 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.
Monday, 01/09/2014 | 06:52 GMT by
Avi Mizrahi
Israeli Financial TV Show Warns Against "Cash Extractor" Binary Options Trading
- 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."
Sunday, 31/08/2014 | 13:08 GMT by
Avi Mizrahi
Exclusive: FxPro and eToro File 2013 UK Annual Reports
- 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.
Sunday, 31/08/2014 | 09:30 GMT by
Ron Finberg
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