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Latest Forex News

Inertia EA Review - is it scam or good forex system?

Aug 18 2017 14:17:15, Jonathan Smith in Expert Advisors

Have you ever wanted to hire a professional price action trader to manage your funds? If so, the Inertia Trader may be your solution. Here is out our honest review of this interesting trading robot.   Strategy   The Inertia Trader looks for serious market moves and then uses a proprietary algorithm to asses the likelihood of a continuation. It follows the market’s inertia, as the name suggests. This makes it a “breakout system”. Although all trading strategies carry a certain level of risk, this one does not use tricky concepts, such as grids, martingale or hedging. Read more

IC Markets follows the market trend, launches Bitcoin trading

Aug 18 2017 13:37:30, Jonathan Smith in Brokers

A number of brokerages lately jump on the cryptocurrency bandwagon, as digital coins enjoy an increasing popularity, with Bitcoin hitting all-time highs. ASIC-regulated IC Markets is the latest forex broker that announced the launch of Bitcoin trading on Friday.   In a notice on its website IC Markets clarified it has added Bitcoin (BTCUSD) to its growing product offering “after burgeoning client demand”. The new Bitcoin product is traded as a CFD, allowing traders to benefit from leverage up to 1:20, a high ratio that is not available on most cryptocurrency exchanges. Read more

FSMA warns against several unregulated companies, possibly boiler rooms

Aug 18 2017 11:27:57, Jonathan Smith in Market

The Financial Services and Markets Authority (FSMA) issued an official notice on Friday, warning the public against several companies engaging in unauthorized activities on the Belgian market.   Namely, FSMA warns against the following firms, which, according to the regulator, could be boiler rooms:   -          - Bellmore Group ( -          - Devin Consultants ( -          - Excon Fuji Securities ( -          - Olivier and Mann (www.olivierandmann. Read more Trade adds over 40 tradable products, ECN account types, and more

Aug 18 2017 07:31:27, Jonathan Smith in Brokers Trade, the FCA-regulated arm of Japan’s largest forex broker GMO Click, announced on Thursday it has significantly upgraded its products and services.   The broker has expanded its product portfolio with more than 40 new instruments, including newly added minor and exotic FX pairs and CFDs. Besides, it has launched new ECN account types and new execution engine powered by high-grade technology located in the Equinix LD4 Data Centre in London.     Initially, Trade offered a single account type with fixed spreads. Now its clients can choose from 3 account types, two of which offer ECN execution with spreads starting from zero. Read more

Zero spread FX trading by UK broker Trading 212

Aug 17 2017 12:30:42, Jonathan Smith in Brokers

Shortly after launching commission-free stock trading, Trading 212 announced yet another irresistible offer to investors: Zero spread forex trading. This makes it the first broker in the industry to offer forex majors with Zero spread and no commission fees.   Namely, Trading 212 has added 4 special pairs to its list of trading instruments: EUR/USD Zero Spread, GBP/USD Zero Spread, USD/JPY Zero Spread, and USD/CHF Zero Spread. Read more

Funnel Trader EA Review - Is it scam or good forex system?

Aug 17 2017 11:24:02, Jonathan Smith in Expert Advisors

We would like to present you the Funnel Trader EA, an automated system, which you can try for a very low price. But before we get to that, let’s take a look at the strategy behind it.   Strategy   The team which created the Funnel Trader does reveal much. Their only statement is that the system diversifies by trading different currency pairs.   In order to get a better understanding we have to take a look at the recent trading activity of this system. Here is a snapshot:   As you can see, there appears to be some form of averaging down involved with this system. Read more

Dukascopy brand name abused by clone website

Aug 17 2017 08:27:18, Jonathan Smith in Brokers

Clone website pretends to offer Forex and CFD trading from Switzerland, using the same address as Swiss online bank and forex broker Dukascopy. Actually, the clone website is operated by an offshore company, registered on the St. Vincent and the Grenadines (SVG).     By using the fake address, the clone obviously seeks to mislead investors into believing that they are dealing with the reputable Geneva-based brokerage. In fact, behind the Dukascopi brand and site is Mercure Services Ltd., a firm headquartered in Kingstown, SVG. St. Read more

GAIN Capital raising up to $92m in convertible note offering

Aug 17 2017 07:28:48, Jonathan Smith in Brokers

The parent of the brand, Gain Capital (NYSE:GCAP), announced on Wednesday it plans to offer up to $92 million in convertible senior notes to “repay outstanding indebtedness” and for possible strategic acquisitions and buybacks.   First, the company plans to offer $80 million of its convertible notes to qualified institutional buyers. Then, the initial buyers will be granted an option to purchase an additional $12 million of the notes to cover potential over-allotments. Read more

Umstel trading platform certified by FinaCom

Aug 16 2017 08:57:47, Jonathan Smith in Software

The trading platform Umstel is the latest technology certified by the Financial Commission (FinaCom), an independent external dispute resolution (EDR) organization. The multi-asset web based trading platform is specialized for trading in CFDs on single stocks and ETFs.   Umstel is said to deliver DMA execution and to feature one of the fastest web-based financial charts in the industry. In addition, it is equipped with advanced technical analysis tools including 33 technical indicators, 30 technical objects and 9 default and 100+ custom timeframes. The platform also supports multi chart mode instantly changing chart layouts in one click. Read more

Grand Capital now allows deposits in IRR, MYR and MMK, opens office in Senegal

Aug 16 2017 07:07:01, Jonathan Smith in Brokers

In order to make its services more accessible, forex and binary options broker Grand Capital added several base currencies in which its clients can make deposits: IRR, MYR and MMK. Besides, the brokerage announced it opened a new office in Dakar, the capital of Senegal.   Accordingly, Grand Capital’s Iranian, Malaysian and Myanmarese clients can now make deposits and withdrawals in their local currencies – Rials, Ringgits and Kyats, respectively, which is a great advantage.   We remind you that with Grand Capital you can deposit without any extra losses as the broker compensates for the payment systems commissions. Read more

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$123 no deposit forex bonus by FBS

End Date:  N/A   Who grants it? FBS is an award-winning broker licensed in Belize, that has more than 8 years of experience in the forex industry. It offers its clients competitive trading conditions, wide range of trading accounts, payment methods, and several trading platforms to choose from.  Besides, it regularly runs various promotions and contests.   Who can get it? The bonus is available to all new clients of FBS who open a special bonus account. Read more

40% Bonus on Each Deposit by Grand Capital

   Who grants it? Grand Capital – a broker that is originally from Russia and registered in the Seychelles. Operating since 2006, the brand is owned by Grand Capital ltd, a company that is also regulated by the Financial Commission (FinaCom), a Hong Kong-based external dispute resolution (EDR) organization.   Who can get it? Entitled to receive 40% bonus on each deposit (up to $20 000) are Standard, Swap Free, Investor, Master account holders with Grand Capital who have passed verification (of their mobile numbers). The broker reserves the right to require additional documents for identification. Read more

$88,8 Welcome No-Deposit Forex Bonus by FBS (available to clients from Malaysia)

Who grants it? FBS - an award-winning broker licensed in Belize, that has more than 8 years of experience in the forex industry. It offers its clients competitive trading conditions, wide range of trading accounts, payment methods, several trading platforms, as well as various promotions.   Who can get it? The lucky bonus $88,8 is a special offer to Malaysian traders who open new accounts. Each new client from Malaysia can get the $88,8 no-deposit bonus after opening a special account and verification of his or her e-mail and phone number.   What’s the catch? Everything about this bonus is somewhat related to the number 8. Read more

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