Forex Brokers News
RoboForex eyes expansion in the Lithuania, Latvia and Poland
Nov 12 2015 08:57:45 Stanimir Zhelev in Brokers
RoboForex, a forex broker licensed in Cyprus and Belize, has major plans to expand its operations in the Baltic countries and Poland, Finance Magnates reported, quoting company officials. The broker aims to open representative offices in all countries in the region.
White label partners gain access to SaxoTraderGO forex trading platform
Nov 11 2015 15:45:36 Stanimir Zhelev in Brokers
Danish online trading and investment specialist Saxo Bank reported today its institutional division Saxo Markets has made the newly-launched trading platform SaxoTraderGO available to white label partners.
GAIN Capital’ October retail forex trading volume falls to $264.4 bln
Nov 11 2015 10:54:34 Stanimir Zhelev in Brokers
GAIN Capital Holdings, a US-based online trade services provider and owner of the retail forex broker Forex.com, saw its retail trading volume falling to USD 264.4 billion in October, which represent a decline of 3.
Japanese forex broker Monex reports 46% fall in trading volumes in October
Nov 11 2015 10:27:13 Stanimir Zhelev in Brokers
Japanese forex brokerage Monex Group generated a forex trading volume from global operations of USD 28.2 billion in October, which represents a fall of 46.2%, compared to the same period a year earlier, and a drop of nearly 27% compared to the previous month, the group said last week.
Forex scam: Hong Kong freezes assets of unlicensed broker Maxim Capital
Nov 11 2015 10:00:22 Stanimir Zhelev in Brokers
Hong Kong’s Court of First Instance has issued interim orders agains Seychelles-registered unlicensed broker Maxim Capital in relation to legal proceedings, initiated by the Securities and Futures Commission (SFC), Hong Kong’s financial regulator.
Alpari’s October forex trading turnover falls 1.7% m/m
Nov 10 2015 09:46:34 Stanimir Zhelev in Brokers
Russian forex broker Alpari reported yesterday its trading turnover went down 1.7% on the month to USD 90.8 billion in October 2015, following a 6% increase in Septemberm wheb it generated a turnover of USD 92.4 billion.
EXNESS pays $9.2 million in commissions to affiliates and IBs in Q3 2015
Nov 09 2015 16:11:07 Stanimir Zhelev in Brokers
EXNESS, a CySEC (Cyprus) regulated forex brokerage group, said on Friday its clients made withdrawals in the combined amount of USD 60.9 million in the third quarter of 2015. It also paid USD 9.2 million as agents’ commissions in the July-September period.
Forex Scam: CySEC warns of BulletInvestment.com
Nov 09 2015 16:01:04 Stanimir Zhelev in Brokers
Cyprus’ financial regulator, the Cyprus Securities and Exchange Commission (CySEC), issued a warning today that the operator of www.bulletinvestment.com is not under its regulation.
KVB Kunlun’s profit grows fivefold in Jan-Sept 2015
Nov 09 2015 15:51:21 Stanimir Zhelev in Brokers
KVB Kunlun, a forex broker authorised and licenced by regulators in New Zealand, Australia, Canada and Hong Kong, saw a significant increase in its financial performance in the nine months, ended September 30.
SaxoTraderGo platform now supports two forex pairs on the same chart
Nov 09 2015 11:56:05 Stanimir Zhelev in Brokers
Danish online trading and investment specialist Saxo Bank has released some chart enhancements to its SaxoTraderGO forex trading platform. SaxoTraderGO was launched in May this year in addition to the SaxoTrade, the other trading platform Saxo Bank operates.
New eToro forex trading platform starts operations
Nov 06 2015 13:28:26 Stanimir Zhelev in Brokers
A new social trading platform, New eToro, has been officially launched. It was first presented on Thursday at the Web Summit held in Dublin.
XM launches web version of MT4 forex trading platform
Nov 06 2015 11:47:40 Stanimir Zhelev in Brokers
XM, a Cyprus-licensed forex broker, has launched a web-based version of the MetaTrader 4 (MT4) trading platform. The new version allows clients to trade through the most popular web browsers without the need to install any programs.
FXCM's net revenues down 34.8% in Q3 2015
Nov 06 2015 11:16:43 Stanimir Zhelev in Brokers
FXCM Inc., a leading forex broker, yesterday announced its Q3 financial results and October customer trading metrics. FXCM's net revenues from continuing operations in Q3 2015 is $59.6 million, down 34.8% from $91.4 million for the quarter ended September 30, 2014.