Forex

All news by Jonathan Smith

Canada's BCSC warns cfdcapmkt.com is unlicensed

May 29 2017 14:13:00 Jonathan Smith in Brokers

The British Columbia Securities Commission (BCSC), the financial markets and services regulator of the eponymous Canadian province, has published a warning that the forex broker CFD Capital Markets is not licensed to provide financial services in British Columbia. Read more

Australia's ASIC cancels the forex broker license of GallopFX

May 29 2017 11:26:05 Jonathan Smith in Market

The Australian Securities Investment Commission (ASIC) announced on Monday it has cancelled the Australian financial service (AFS) license of retail forex broker GallopFX, as of May 24th. Read more

FXTM becomes a sponsor of rookie IndyCar driver Ed Jones

May 26 2017 12:42:01 Jonathan Smith in Brokers

Unlike most forex and binary options brokers that ink sponsorship deals with football teams, FXTM is into more adrenaline-driven sports. The broker today announced yet another sponsorship agreement– with rookie IndyCar driver Ed Jones. Read more

CySEC considers banning binary options altogether

May 25 2017 14:30:53 Jonathan Smith in Market

The Cyprus Securities and Exchange Commission (CySEC) considers banning binary options trading altogether, reported Finance Magnets. The online media cited CySEC Head, Demetra Kalogerou, who delivers a speech at the iFX Expo International 2017 on Thursday. Read more

FXChoice comes up with a new loyalty programme, Pips+

May 25 2017 07:13:15 Jonathan Smith in Brokers

As a part of its continuous effort to update its services and offer better trading conditions, forex broker FXChoice launches of Pips+, its new loyalty programme. Pips+ is designed to reward the most active traders by reducing their trading costs up to $1.5 per standard lot on EUR/USD. Read more

ThinkMarkets buys mobile app Trade Interceptor

May 23 2017 11:21:40 Jonathan Smith in Brokers

Leading global brokerage ThinkMarkets announced on Tuesday it has acquired Trade Interceptor, which currently is one the world’s fastest growing mobile trading apps. Read more

Spain’s CNMV warns against non-regulated TradeV, among other brokerages

May 22 2017 14:30:34 Jonathan Smith in Brokers

Spain’s financial watchdog, the Comision Nacional del Mercado de Valores (CNMV), has issued warnings against TradeV (tradev.com), and several other unregulated forex and binary options brokers. Namely, these are TorOption (toroption.com), OptionCM (option-cm.com), 53Option (53option. Read more

Forex.com to launch affiliate program

May 17 2017 07:51:31 Jonathan Smith in Brokers

Gain Capital, the largest forex broker on the US market, announced the launch of new affiliate program, called GAIN Affiliates. This is a performance based program offered to affiliate partners of multiple retail trading brands of Gain Capital - CityIndex & Finspreads first, and Forex. Read more

Global Brokerage announces poor financial metrics for Q1, will probably delist from the Nasdaq

May 16 2017 08:01:39 Jonathan Smith in Brokers

Global Brokerage, Inc. (formerly FXCM Inc.) released on Tuesday poor financial metrics for Q1 of 2017, which are hardly surprising after the company’s dramatic exit from the US market. Read more

Online investment scams in Australia mark a 130% increase YoY

May 15 2017 13:26:28 Jonathan Smith in Market

The report of the Australian Competition and Consumer Commission (ACCC) for 2016 revealed that Investment scheme scams caused the greatest losses to Australians, after romance and dating frauds. Read more

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