Forex Market News
Cyprus financial regulator CySEC warns against Noeruscapital.com
Nov 12 2015 15:09:42 Stanimir Zhelev in Market
The Cyprus Securities and Exchange Commission (CySEC) said today the operator of the website www.noeruscapital.com, is not permitted to provide investment and ancillary services in Cyprus.
Japan’s FSA warns of binary options brokers Trade-bo, Option Ace
Nov 12 2015 14:37:04 Stanimir Zhelev in Market
Japan’s Financial Services Agency (FSA) has included binary options brokers Trade-bo and Option Ace, operating through the websites www.trade-bo.com and www.option-ace.com, respectively, to its Warning List for brokers unlicensed to operate in the country, forex media LeapRate reported.
Investment Trends sees 21,000 new forex traders in Singapore in 2016
Nov 12 2015 13:21:51 Stanimir Zhelev in Market
Retail forex market research company Investment Trends expects 21,000 new investors in Singapore to start trading either forex (FX) or contracts for difference (CFDs) over the next year. The figure represents an increase of 17,000 investors, compared to 2014.
OzForex’ turnover grows 34% in H1 FY 2016
Nov 11 2015 14:52:28 Stanimir Zhelev in Market
Australia-regulated foreign exchange company OzForex posted an annual increase of 34% in turnover to $10 billion in the first half of fiscal year 2016, started 1 April, 2015, on the back of a growth in active clients and processed transactions.
Client funds held at US forex brokers increase 2.8% m/m in September
Nov 11 2015 13:27:09 Stanimir Zhelev in Market
The total amount of retail forex obligations held at brokers active in the US was $568.3 million in September, according to data from the Commodity Futures Trading Commission (CFTC).
Italy’s financial watchdog warns against Byrix, KSFTrade, FxSep and AlgoBanque
Nov 10 2015 11:52:36 Stanimir Zhelev in Market
Italy’s financial regulatory body Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning on Monday against five forex brokers since it has not authorized them to provide investment services in the country.
Optimal Payments gets renamed Paysafe
Nov 10 2015 09:20:05 Stanimir Zhelev in Market
Optimal Payments, the operator of the Neteller and Skrill payment systems, announced on Monday it has been renamed Paysafe Group. As a result, its web site address has also been changed to www.paysafe.com. However, our research showed that optimalpayments.
Italy’s Consob warns against Investocopy investment network
Oct 26 2015 14:21:30 Stanimir Zhelev in Market
Italy’s financial regulatory body Consob today has issued a warning against Investocopy, a social investment network targeting Italian and French speaking clients.
Opening an account with Investocopy is absolutely free with no credit card or any deposit required.
Australian regulator cancels NZGFT's forex licence
Oct 15 2015 14:34:44 Stanimir Zhelev in Market
Australian Securities and Investments Commission (ASIC) has not granted a new forex licence since January 1 2014. Now it revokes one of the existing licences on misleading marketing claims.
Forex Scam: FCA UK warns against SMP Forex
Oct 14 2015 15:01:47 Stanimir Zhelev in Market
Financial Conduct Authority (FCA), the financial regulatory body in the United Kingdom, yesterday has issued an warning against SMP Forex. The unregulated forex broker, probably registered in an offshore jurisdiction, claims on its website that it is headquartered in UK and regulated by FCA.
CFTC publishes list of forex and binary brokers illegally soliciting US clients
Sep 15 2015 13:35:24 Stanimir Zhelev in Market
The new registration deficient ‘RED List’ available on http://www.smartcheck.gov includes companies illegally offering forex and binary options trading services to US residents.
Washington, DC — As part of the U.S.
Saxo Bank opens office in China under the Shanghai FTZ regulation
Sep 15 2015 13:09:29 Stanimir Zhelev in Market
Saxo Bank, a Danish bank specialized in providing online trading services, has announced the opening of its new China office in Shanghai World Financial Centre, Lujiazui, within the Shanghai free-trade zone. The new office will be operating within the Shanghai Free Trade Zone regulatory framework.
Swissquote's new Themes trading - Pick a trend, not a single stock
Sep 09 2015 14:35:44 Stanimir Zhelev in Market
• Swissquote brings "thematic" investing to the masses, allowing clients to participate in long-term, mid-term and short-term opportunities created by real time market developments, trends and events
• The thematic approach allows investors to take advantage ...