brokers
Monex Group Volumes Drop During June – Japan Still Dominates
- Monex Group has released trading metric data for June. During the month, total global volume was reported at $65.5 billion, a 12.9% decline from May’s results, but 33.7% above the same period last year.
Wednesday, 03/07/2013 | 09:20 GMT by
Ron Finberg
First Look: MyInvest – PAMMs Meets AutoTrading
- In the area of copy trading, MyInvest is a new venture that is currently hitting the market, with its roots in PAMM technology. MyInvest is a copy trader service that aims to combine benefits of managed accounts and social trading.
Wednesday, 03/07/2013 | 08:42 GMT by
Ron Finberg
NFA Files Another Complaint Against Alpari – US Business May No Longer Make Economic Sense
- Alpari US has once again found itself the target of the regulators due to compliance violations as it has received a complaint from the NFA. In its complaint, the NFA is charging that Alpari violated existing NFA rules.
Tuesday, 02/07/2013 | 11:32 GMT by
Ron Finberg
CFD Broker Plus500 Announces IPO Plans on London’s AIM
- CFD broker, Plus500 has announced that its intentions to raise $50 via an initial public offering (IPO) on AIM, the London Stock Exchange’s market for smaller companies, will a floated market cap of $225 million.
Tuesday, 02/07/2013 | 09:38 GMT by
Ron Finberg
City Index Launching MetaTrader 4
- After teasing the product as coming soon on its website, UK based City Index has announced that they are launching the MetaTrader 4 platform to clients. The MT4 offering will be compatible with City's existing platforms.
Tuesday, 02/07/2013 | 08:49 GMT by
Ron Finberg
GMO Click June Volumes Top $1 Trillion, with 34% ADV Increase
- After the Tokyo Financial Exchange reported volume gains for June, we were anticipating GMO Click Securities figures. The world’s largest retail broker by volume didn’t disappoint as it recorded $1.104 trillion in total month volume.
Tuesday, 02/07/2013 | 06:57 GMT by
Ron Finberg
Saxo Bank Volumes Grow In June
- Saxo Bank becomes the first firm to report their June calculated figures with average daily volumes rising to $14.6 billion. The figure represents a 1.4% increase from May, and a greater than 13% rise from the same period last year.
Monday, 01/07/2013 | 13:32 GMT by
Ron Finberg
Admiral Markets Introduces Downloadable Solution For Apple Mac OS MetaTrader Compatibility
- As part of a corporate direction indicating at expanding the firm's reach, Admiral Markets has today launched a downloadable solution to enable error-free trading on Apple Mac with MetaTrader platforms.
Monday, 01/07/2013 | 09:48 GMT by
Andrew Saks McLeod
FxPro Partners with BeeksFX To Reduce Trade Execution Time As Race To Zero Goes Retail
- Gordon McArthur, CEO of BeeksFX today announced to Forex Magnates that the firm has entered a strategic partnership with FxPro Financial Services in order to provide low latency to the firm's retail FX traders.
Thursday, 27/06/2013 | 11:10 GMT by
Andrew Saks McLeod
California takes on Bitcoin foundation with Cease-And-Desist
Wednesday, 26/06/2013 | 00:00 GMT by
FMAdmin Someone
Executive Interview: Max Lebedev, CEO, Forex4You
- In this week's Forex Magnates Executive Interview, Max Lebedev, CEO of forex broker Forex4You discusses his company's business model and elaborates on the recent entry into the copy trading segment.
Friday, 21/06/2013 | 05:46 GMT by
Andrew Saks McLeod
IG to Launch MetaTrader 4 Platform, Succumbs to its Popularity
- IG has announced on its website that it will be offering CFD forex trading on the Meta Trader 4 platform. In anticipation of the launch, IG is soliciting ‘beta testers’ for the new product. The news represents the overall popularity of MT4.
Thursday, 20/06/2013 | 21:23 GMT by
Ron Finberg
Russian Broker BCS Gains FCA Approval
- Leading Russian broker BCS sets up fully regulated FCA broker to enhance its global position. London, the worlds financial capital continues its domination as the preferred destination for Russian financial services firms.
Thursday, 20/06/2013 | 18:44 GMT by
Adil Siddiqui
Is WebMoney the Next Liberty Reserve?
- Since the seizure of Liberty Reserve’s operations last month, it has put all alternative payment providers in focus. Coming into the spotlight now is WebMoney, as its Ukrainian unit was the subject of a raid an bank account freeze.
Wednesday, 19/06/2013 | 09:48 GMT by
Ron Finberg
TradeRush Launches Bitcoin Binary Options
- Binary options broker, TradeRush, has announced the launch of bitcoin binary option contracts for trading. The Cyprus broker becomes the second largest binary firm to offer bitcoin trading, with AnyOption being the biggest.
Wednesday, 19/06/2013 | 06:55 GMT by
Ron Finberg
Leverate Launches Updated HTML5 Sirix Web Platform
- Forex technology provider, Leverate, has announced the launch of its new web based trading platform, SirixTM. The platform is an updated HTML5 based version of their web trader. The product was first demoed last month at the iFXEXPO
Tuesday, 18/06/2013 | 05:23 GMT by
Ron Finberg
Right before G8 meeting, MtGox launches full-page ad in the official magazine of the trade organization
Tuesday, 18/06/2013 | 00:00 GMT by
FMAdmin Someone
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
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