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Forex Scam: FCA warns against BAM Forex a clone of BAM Capital Ltd

Sep 08 2014 09:23:21 in Market

The UK regulator issues a warning against BAM Forex (bamcapitalltd.co and bamforex.co) which is using the credentials of BAM Capital Ltd (bam-capital.co.uk) to mislead people it is a regulated and safe company.   Another day, another fraud scheme revealed by a regulator. Read more

CMC Markets reports positive financial results for 2013

Sep 08 2014 08:11:13 in Brokers

After reporting loss of ₤4 million in 2012 the UK broker CMC Markets has achieved ₤32.8 million profit before tax in 2013.     The UK based and regulated global broker has managed to turn its fortunes. Read more

FXCM acquires US and Australian MT4 retail forex accounts of IBFX

Sep 05 2014 15:52:58 in Brokers

FXCM, the largest US forex broker, is to acquire all Metatrader4 retail accounts of the Austalian broker IBFX. The deal will increase FXCM's customer base with approximately 13,000 accounts adding $63 million in client equity. Read more

Planex Trade is shutting down its forex business following the sale of its client base to Forex.com

Sep 05 2014 10:36:45 in Brokers

Planex Trade, a Japanese broker which has recently sold its customer base to Forex.com Japan, announces the termination of its operations.   Last month Gain Capital has acquired the client base of Planex Trade for an undisclosed sum. Read more

Saxo Bank clients' deposits hit new record high in August

Sep 05 2014 08:46:49 in Brokers

The Danish bank and forex broker Saxo Bank reports record clients' collateral deposits for trading in August alongside with 1% decrease in trading volume compared to previous month.   Saxo clients' deposits now stand at $10.1 billion a record and almost 30% higher than August 2013. Read more

ThinkForex launches Forex Photo Contest

Sep 05 2014 07:34:00 in Brokers

  ThinkForex, a leading global forex broker, is launching “Where do you think forex” photo contest with great awards. The winner is to get $5000. Read more

ZuluTrade to support signal providing via ActTrader platform

Sep 04 2014 13:26:16 in Software

The social trading network ZuluTrade announces the addition of ActTrader to its supported platforms able to send trading signals   ZuluTrade is a platform that allows for providing and following the so called trading signals. Read more

Forex Scam: Ontario Securities Commission warns against Forex Barter Inc.

Sep 04 2014 11:42:41 in Market

One of the Canadian regulators, those of the province of Ontario, is warning that Forex Barter Inc. is not authorized to offer financial services in its jurisdiction.   So, we decided to take a look into Forex Barter's matters since a regulator warning is always to be taken serious. Read more

Alpari adds South African Rand ZAR currency pairs

Sep 04 2014 09:53:48 in Brokers

Alpari, one of the biggest global forex brokers, introduces six new currency pairs for the South African Rand.   The currency goes with the abbreviation ZAR. The new pairs, as announced by Alpari, are USDZAR, GBPZAR, ZARJPY, AUDZAR, NZDZAR, EURZAR. Read more

Japanese forex brokers Monex and DMM Securities report increased trading volumes for August

Sep 04 2014 08:38:18 in Brokers

After months of downward trend in August Monex and DMM Securities, two of the notable Japanese forex brokers, finally reported increase of trading volumes with 1% and 5.9% MoM gain respectively. Read more

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