Forex Market News
ASIC Imposes 10-Year Ban on Forex FS
Feb 25 2014 09:02:22 Maria Nikolova in Market
The Australian Securities and Investments Commission (ASIC) today announced a set of measures, including a 10-year ban on services provision, against Forex Financial Services Pty Ltd (Forex FS).
CySEC Suspends License of Infina Investments over Capital Flaws
Feb 24 2014 07:26:57 Maria Nikolova in Market
The Cyprus Securities and Exchange Commission (CySEC) has acted rough again: this time the Cypriot watchdog has temporarily withdrawn the authorization of Infina Investments (Cyprus) Limited. The company, which offers its services via the website www.infinainvestments.
RoboForex Sets Roots in Australia, Registers New Company
Feb 23 2014 13:32:35 Maria Nikolova in Market
RoboForex, the Forex broker based in New Zealand, is increasing its global footprint via the establishment of a new company in Australia. The new business is named RoboForex (AU) Pty Ltd and its current physical address is Dundas Valley NSW 2117.
CySEC Keeps License of Cedar Finance Suspended
Feb 21 2014 11:48:10 Maria Nikolova in Market
The fortunes of Cedar Finance, the Cyprus-based binary options broker, continued to sour on Friday, as the Cyprus Securities and Exchange Commission (CySEC) prolonged the suspension of the company's license.
CFTC Repeals Registration of Veruus over Forex Fraud
Feb 21 2014 07:18:56 Maria Nikolova in Market
The United States Commodity Futures Trading Commission (CFTC) has just shown its big regulatory teeth again to fraudsters in the Forex industry.
CFTC Presses Charges against Forex Fraudsters over $2.3M Scam
Feb 20 2014 07:21:18 Maria Nikolova in Market
The United States Commodity Futures Trading Commission (CFTC) on Wednesday announced that it had pressed charges against two residents of North Carolina over numerous violations of the Commodity Exchange Act (Act) and the CFTC regulations.
MFSA Warns about Unregulated Forex Broker ABFX
Feb 19 2014 12:19:14 Maria Nikolova in Market
The Malta Financial Services Authority (MFSA), the regulator which is responsible for the oversight of the online trading business too, today issued a warning about unregulated Forex broker ABFX Ltd (ABFX Inc).
XM Receives Australian Forex License
Feb 19 2014 09:55:23 Maria Nikolova in Market
XM, the Forex broker originally based in Cyprus, today made an exciting announcement – it has obtained an Australian license to provide investment services in the Land Down Under.
IronFX Opens Offices in Ukraine and Chile
Feb 18 2014 07:43:08 Maria Nikolova in Market
When we first reported about the plans of Cyprus-based Forex broker IronFX to set up 30 new offices across the globe in 2014, the intentions of the company seemed overly ambitious.
Windsor Brokers Successfully Complies with EMIR Deadlines
Feb 17 2014 12:42:41 Maria Nikolova in Market
Windsor Brokers, the Cyprus-based Forex broker, has announced that it managed to successfully meet the reporting deadlines under the European Market Infrastructure Regulations (EMIR).
British Columbia’s Regulator Warns against Cedar Finance
Feb 14 2014 13:49:33 Maria Nikolova in Market
British Columbia Securities Commission (BCSC), the financial regulator for Canada's province, has issued a warning against binary options broker Cedar Finance.
The watchdog has found out that citizens of British Columbia may open accounts on www.cedarfinance.
OptionBit, OptionXP Get CySEC Licenses via New Firm
Feb 13 2014 12:32:02 Maria Nikolova in Market
Two binary options brokers – OptionBit and OptionXP, have managed to get licenses as Cyprus Investment Firms (CIFs) under the helm of a new company, Novox Capital Ltd.
NFA Announces New Reporting Demands for US Forex Brokers
Feb 13 2014 08:05:13 Maria Nikolova in Market
At the end of 2013 we informed you about a proposal by the National Futures Association (NFA), the United States' self-regulatory body, that alters the Financial Reporting rules for Forex Dealer Members (FDMs).