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. Read more

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. Read more

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, saw its retail trading volume falling to USD 264.4 billion in October, which represent a decline of 3. Read more

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. Read more

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. Read more

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. Read more

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. Read more

Forex Scam: CySEC warns of

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 is not under its regulation. Read more

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. Read more

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. Read more

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. Read more

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. Read more

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. Read more

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Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
US, UK, Australia CFTC/NFA, FCA, ASIC MT4, Web,
Mirror Trader,
$50 Review Website
UK, Australia, Singapore FCA MT4, Web,
$1 Review Website
UK, Cyprus FCA, CySec MT4 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5, Web,
FxPro Markets
$100 Review Website
Seychelles FinaCom MT4 $10 Review Website
UK, Bulgaria FCA, FSC Web $150 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySEC MT4, MT5 $300 Review Website
New Zealand FMA MT4 $1000 Review Website