All Forex News
Banc De Binary shuts down, new EU clients are no longer accepted
Jan 09 2017 15:35:49 Jonathan Smith in Brokers
Update: on January 11, the Cyprus Securities and Exchange Commission officially announced that Banc de Binary renounced its authorization to operate as a Cyprus Investment Firm.
One of the leaders in the binary options trading market, Banc de Binary, closes operations.
Blackwell Global acquires double licenses with Hong Kong’s SFC
Jan 06 2017 09:30:05 Jonathan Smith in Brokers
Pure STP brokerage Blackwell Global has acquired a double license from Hong Kong’s Security and Futures Commission (SFC) and is now allowed to offer both securities and futures trading services.
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 November retail client deposits fall YoY
Jan 05 2017 09:29:51 Jonathan Smith in Brokers
The deposits of FXCM's retail clients in November 2016 amounted to $178,375,472, shows the latest CFTC data from US retail forex brokers. This is 1.6% more than in October 2016, but 5.3% lower than November 2015.
FxPro will remain in private hands, abandons plans to list on LSE
Jan 05 2017 07:50:03 Jonathan Smith in Brokers
Major forex broker FxPro said on Wednesday that it had cancelled its plans to list on the London Stock Exchange, as the UK financial watchdog threatened to apply stricter rules for retail forex and CFD trading, sources close to the matter told online media Sky News.
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.
Grand Capital plans to get CySEC license in 2017
Dec 27 2016 15:21:00 Jonathan Smith in Brokers
In an interview for online media Finance Magnates, Grand Capital’s CEO Stanislav Vaneev disclosed that the future plans of the company for the year 2017 include acquisition of license from the Cyprus Securities and Exchange Commission, among other major changes.
CMC Markets mulls moving out of the UK after FCA capped leverage
Dec 23 2016 14:12:06 Jonathan Smith in Brokers
Forexbrokerz.com learned that financial spread-betting and CFD giant CMC Markets is thinking over moving away from the UK after the FCA’s decision to cap leverage to 1:50 and to introduce other restrictive measures to forex and CFD trading.
More than 100 forex brokers worldwide already use MetaTrader 5
Dec 21 2016 13:21:03 Jonathan Smith in Software
Russian software developer MetaQuotes reported on Wednesday that the number of forex brokers using its MetaTrader 5 (MT5) trading platform keeps growing.
FXTM makes Index & Commodities CFDs available for trade to ECN account holders
Dec 19 2016 10:24:53 Jonathan Smith in Brokers
FXTM added new financial instruments for trading on its ECN trading accounts – namely, contracts for difference (CFDs) on indices and commodities.
FXCM's November metrics rise MoM, YoY
Dec 14 2016 07:59:30 Jonathan Smith in Brokers
Major US forex broker FXCM (NASDAQ:FXCM) reported that its November trading metrics have risen both from October and from November last year.
According to the company statement, the retail customer trading volume reached $353 billion.
Gain Capital's November trading volume up 34.7% from previous month
Dec 13 2016 10:50:40 Jonathan Smith in Brokers
US forex broker Gain Capital, whose most popular brand is Forex.com, has reported that its over-the-counter (OTC) retail trading volume in November rose 34.7% from October, to reach $257 billion. The result is also 3.
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...