Forex Market News
IG’s Nadex ends 2016 with record-high trading volumes
Jan 12 2017 08:41:45 Jonathan Smith in Market
The North America Derivatives Exchange (Nadex), one of only two US-regulated binary options exchanges, announced this week that its trading volumes in December have set a new all-time record.
US forex traders to have greater transparency with respect to execution data
Jan 06 2017 08:34:24 Jonathan Smith in Market
The National Futures Association (NFA), the self-regulatory organization overseeing the activities of the US forex brokers, said its new rules on disclosure of transaction data have been approved by the Commodity Futures Trading Commission (CFTC) and will come into effect as of March 31, 2017.
FXCM’s stock price ended the year on a low note
Jan 03 2017 09:15:49 Jonathan Smith in Market
The stock price of major forex brokerage FXCM (NASDAQ:FXCM) hit a 52-week low on Friday (30 Dec), its shares closing down at $7.05. The figure represents a drop by more than 55%, compared to a year earlier – on Jan 4, 2016 the broker’s stock traded for $15.77 apiece.
Germany's BaFin to ban margin trading in CFDs for retail investors?
Dec 09 2016 15:05:21 Jonathan Smith in Market
The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) announced its intentions to “limit the marketing, distribution and sale of financial contracts for difference (CFDs) with an additional payments obligation” to retail c...
FCA UK bans forex bonuses, capping leverage to 1:25
Dec 06 2016 09:44:07 Stanimir Zhelev in Market
It is hardly a surprise that the Financial Conduct Authority (FCA) intends to cap leverage to 1:25 for inexperienced traders and prevent forex brokers from offering any form of trading bonuses or benefits to promote risky CFD products.
NFA orders US forex brokers to raise margin requirements for GBPUSD
Nov 07 2016 15:27:54 Stanimir Zhelev in Market
The US National Futures Association (NFA), the self-regulatory organization overseeing the activities of the US forex brokers, said it is raising the required minimum security deposit for transactions with the GBP from 2% to 5%.
Canada's NSSC warns of binary options robot Canuck Method
Oct 21 2016 14:22:58 Stanimir Zhelev in Market
One of the latest warnings against companies engaged in binary options trading comes from Nova Scotia’s Securities Commission (NSSC).
MTI Markets: $25 no deposit forex bonus
Oct 20 2016 15:03:42 Stanimir Zhelev in Market
Who grants it?
MTI Markets, a brand operated by MTI Investments LLC, a financial services company providing trading in derivative instruments and other securities, registered on the Marshall Islands.
Ayrex: Hourly binary options demo contest with $300 pool prize
Oct 06 2016 14:18:07 Stanimir Zhelev in Market
Who organized it? Binary options broker Ayrex, a brand by unregulated offshore company Advanced Binary Technologies Ltd registered in St. Kitts and Nevis. Ayrex offers trading in binaries on its proprietary trading platform with payout up to 85%.
Adamant Finance: $50 no deposit forex bonus
Oct 05 2016 13:59:04 Stanimir Zhelev in Market
Who grants it? Adamant Finance, a brand of Adamant Finance Limited, a SVG-registered offshore brokerage that offers MT4 trading. Read full review here.
Germany follows suit, considers ban on binary optons and forex trading
Oct 05 2016 09:12:41 Stanimir Zhelev in Market
The Belgium Financial Services and Markets Authority (FSMA) was the first EU regulator to ban public marketing (and distribution) of OTC derivatives in mid-August.
$50 No deposit bonus by Global-FX - Globalpartner-hkltd.com
Oct 04 2016 13:40:07 Stanimir Zhelev in Market
Who grants it? Global-FX is a brand of Global Partner HK Ltd., a Hong-Kong-registered MT4 brokerage, specializing in auto trading.
FXBFI, IFC Investments and Jin Daocheng obtain CySEC forex licenses
Oct 04 2016 12:54:24 Stanimir Zhelev in Market
The Cypriot financial regulator, CySEC, has granted three more forex broker licenses this week – to IFC Investments Cyprus and Jin Daocheng, and FXBFI Broker Financial Invest Ltd.