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All news by Jonathan Smith

FCA updates its warning list with forex brokers FTO Capital and EU-Capital

Jun 21 2018 12:17:33 Jonathan Smith in Market

  The UK Financial Conduct Authority (FCA) updated its warning list with two more unregulated forex brokers earlier this week. These are Financial Trading Online (FTO Capital) and EU-Capital, which have been providing financial services in the UK without being authorized by the FCA. Read more

UK's FCA warns about Universe Markets FX

Jun 20 2018 09:42:22 Jonathan Smith in Market

UK's Financial Conduct Authority (FCA) has issued a warning against White Square Trading Limited operating as Universe Markets FX.   The regulator says the broker has been providing financial services and products targeting people in the UK without a license. Read more

Tether might have been used to manipulate Bitcoin price in late 2017

Jun 15 2018 13:39:11 Jonathan Smith in Market

Tether, a cryptocurrency token that is supposedly backed by the US dollar, has been spent on Bitcoins at key instances to support its price, reveals a paper published by a University of Texas professor, cited by Bloomberg. Read more

HFcopy: Hot Forex's copy-trading offer

Jun 14 2018 12:49:55 Jonathan Smith in Brokers

HFcopy, the copy-trading system offered by CySEC-regulated, global broker Hot Forex, is a great tool which allows traders to join forces with each other and squeeze profits from the markets. Read more

FxPro UK turns a £1.48 mln profit in 2017

Jun 12 2018 13:27:04 Jonathan Smith in Brokers

  The UK arm of global forex broker FxPro has turned a profit of £1.48 million in 2017, shows the full accounts report filed with UK’s Companies House on Monday. The figure represents an increase of more than 38% over previous year, when the broker made £1. Read more

South Korean crypto exchange Coinrail hacked, temporarily shuts down

Jun 11 2018 12:18:21 Jonathan Smith in Market

  South Korean Coinrail was hacked over the weekend and reportedly lost about 30% of the coins traded on the exchange, which caused a sharp drop in the prices of Bitcoin and other digital currencies. Read more

UK's FCA warns of Primus Forex Financial Group, clone of PCM UK

Jun 06 2018 14:05:58 Jonathan Smith in Market

 UK's Financial Conduct Authority (FCA) has issued a warning against Primus Forex Financial Group, a clone of the properly regulated forex brokerage Primus Capital Markets UK (PCM UK). Read more

ESMA caps leverage at 1:30 from August

Jun 01 2018 12:50:34 Jonathan Smith in Market

  The European Securities and Markets Authority (ESMA) has announced today that the new restrictions on the provision of contracts for differences (CFDs) to retail investors will take effect as of August, 1. Read more

Eo.Trade – another ICO aiming to bring crypto and traditional markets together?

May 31 2018 15:30:42 Jonathan Smith in Market

Eo.Trade is an ICO created by the people behind an already existing binary options broker – Expert Option. The full scope of the project is very broad, but each step is connected to a specific level of capital gained from the coin offering. Read more

Spain's CNMV warned against unregulated forex broker InvestMib

May 30 2018 14:20:16 Jonathan Smith in Market

  Spain's financial markets regulator, CNMV, has warned of forex broker InvestMib earlier this week. Read more

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