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Brokers
Are Eastern European Forex Brokers Financing the Ukrainian Conflict?
A couple of well known forex fraud schemes have been named by local authorities and media as participating on both sides of the conflict
Wednesday, 20/05/2015 | 14:19 GMT
by
Victor Golovtchenko
Regulation
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
Brokers
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
Brokers
Are Russian PAMMs Forex Trend & Panteon Finance the Next Dominos after MMCIS?
After the Ukrainian brokerage MMCIS shattered the confidence of a number of Russian retail investors in the managed funds business, another duo of forex trading companies are being questioned by depositors.
Friday, 06/02/2015 | 13:19 GMT
by
Victor Golovtchenko
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Analysis
Russian TV Alleges MMCIS Founders Financed Ukrainian Politicians
After the debacle of the Ukrainian brokerage MMCIS, we are seeing yet another turn, as a Russian TV station reports that the client funds allegedly stolen from depositors were used to finance Ukrainian politicians.
Friday, 12/12/2014 | 13:46 GMT
by
Victor Golovtchenko
Analysis
Ex-analyst of Bankrupt MMCIS Konstantin Kondakov Speaks Out to Depositors
Ex-analyst of MMCIS, Mr Kondakov conveyed his thoughts about the bankrupt brokerage through his profile in Russian social media network VKontakte.
Monday, 01/12/2014 | 22:49 GMT
by
Victor Golovtchenko
Analysis
MMICS Merges with Rival ‘Mill Trade’ as Payments Provider Takes Client Money AWOL
In a twilight zone moment for the embattled Russian broker, MMCIS CEO announced that owners of ‘Dengi Online’ "have simply stole our clients’ money", adding that the two firms have always been one and the same.
Thursday, 30/10/2014 | 12:03 GMT
by
FMAdmin Someone
Analysis
Who Jumped from FXCM to LCG and Which Platform Added CFDs? Read Our Best Stories of the Week
Forex Magnates spotlights the recent industry’s news you must know all about, from one major broker dumping its own social trading offering to another major broker becoming a CFDs liquidity provider and more.
Sunday, 12/10/2014 | 09:11 GMT
by
Avi Mizrahi
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Brokers
You Were Warned! Ukrainian Broker MMCIS Limits Withdrawals as Part of Anti-Crisis Measures
After reported allegations against the broker it issued an emergency anti-crisis program to "stabilize the company under a raider attack and eliminate panic" including increasing its number of lawyers and security.
Tuesday, 07/10/2014 | 15:28 GMT
by
Avi Mizrahi
Analysis
Maltese Financial Services Authority Issues Public Warning Regarding Ukrainian Broker MMCIS
Following on from last week's 'Information War', this week MMCIS faces a public warning from the Maltese Financial Services Authority (MFSA). When it rains, it pours.
Monday, 06/10/2014 | 12:50 GMT
by
George Tchetvertakov
Analysis
Information War Pushes Ukrainian Broker MMCIS into Crisis
A significant rise in client complaints regarding withdrawals, extensive management changes as well as other factors put the future survival of MMCIS in doubt. Forex Magnates tries to piece the story together and provide a complete picture.
Friday, 03/10/2014 | 09:34 GMT
by
FMAdmin Someone
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