Tickmill expands to Europe with a UK forex license
Nov 10 2016 13:37:21 Stanimir Zhelev in Brokers
Global NDD brokerage Tickmill has officially launched its services in the UK and Europe on Tuesday, as its subsidiary Tmill UK Ltd. acquired a license with the UK Financial Conduct Authority (FCA).
Russia plans binary options regulation
Oct 06 2016 14:21:05 Stanimir Zhelev in Brokers
The Central Bank of Russia (CBR) published and action plan for the financial markets (for 2016-2018) on Thursday, according to which the authority will come up with a stance on the regulation of binary options trading in the country by the end of 2017.
US CFTC approves tighter rules for automated trading
Nov 26 2015 12:03:41 Stanimir Zhelev in Market
The US Commodity Futures Trading Commission (CFTC) has adopted on Tuesday changes to the local regulation, which aim to enhance the regulatory regime for automated trading, to increase transparency and to reduce potential risks arising from algorithmic trading activity.
Russian c-bank to postpone forex trading licensing deadline by a year
Nov 20 2015 14:07:48 Stanimir Zhelev in Market
The Russian central bank has agreed to postpone by a year the deadline for obtaining a license for forex brokers in the country, after being pushed by the requests of forex dealers, Russian news agency Interfax reported, citing Vladimir Chistyukhin, deputy governor of the Bank of Russia.
France’s AMF warns against 11 unauthorized binary options brokers
Nov 19 2015 14:15:08 Stanimir Zhelev in Market
The French financial regulatory body, AMF, has added to its warning list a number of websites that offer binary options trading in the country without being authorized to do so, a notice indicated on Thursday.
Belize financial watchdog IFSC delicenses forex broker MFX Broker Inc
Nov 19 2015 11:55:43 Stanimir Zhelev in Brokers
Belize’s financial regulator, the International Financial Services Commission (IFSC) said earlier this week it has revoked the license of local MFX Broker Inc for acting as a forex trader. The reason for the license revocation is not clear, since the regulator did not explain its decision.
Playtech acquisition of Plus500 may be terminated if not approved by FCA by the end of 2015
Nov 18 2015 16:15:05 Stanimir Zhelev in Brokers
Forex broker Plus500, one of the leading international forex brokers, said on Wednesday it has been informed by gambling platform developer Playtech, which is in process of acquiring the broker’s share capital, that the company still expects the UK’s Financial Conduct Authority (FCA) app...
ASIC says BocaFX is not authorized forex broker in Australia
Nov 18 2015 11:33:36 Stanimir Zhelev in Market
The Australian Securities and Investments Commission (ASIC) said on Wednesday Boca Global Financial Group (BocaFX), has improperly been stating on its website it is regulated or authorized by ASIC to provide financial services in the country.
FINAM is the first broker to apply for forex license in Russia
Nov 17 2015 11:43:21 Stanimir Zhelev in Brokers
Finam Forex, part of Russian brokerage and asset management group Finam, has filed with the Central Bank of Russia a request to obtain a license to offer forex trading activities in the country, the group said last week.
CFTC charges NZ forex broker IB Capital for accepting US clients
Nov 17 2015 10:03:36 Stanimir Zhelev in Market
The US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement complaint against New Zealand-registered forex broker IB Capital FX, known under the trade name IB Capital, and two individuals for illegally soliciting and accepting at least $50 million from clients, the Commis...
ASIC: ACMAS license suspension has nothing to do with the group’s restructuring
Nov 16 2015 11:08:04 Stanimir Zhelev in Brokers
New Zealand-registered forex broker Formax International Market (Formax) has removed false media releases from its website regarding the license of its daughter company Australian Capital Markets Advisory Services (ACMAS) at the request of the Australian Securities and Investments Commission (ASIC),...
Global forex broker FxPro obtains South Africa FSB license
Oct 27 2015 12:09:15 Stanimir Zhelev in Brokers
FxPro already hold licenses from CySec (Cyprus) and FCA (United Kingdom).
FxPro Financial Services Limited ('FxPro') is pleased to announce that it has acquired authorisation by the South Africa Financial Services Board ('FSB') to operate as a Financial Service Provider ('FSP'; license no. 45052).
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.