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All news by Jonathan Smith

US retail forex market continues to shrink after FXCM’s exit – survey

Oct 26 2017 13:19:08 Jonathan Smith in Market

The US retail forex market, one of the largest in the world in volume, continues to shrink, shows the latest survey of the Investment Trends consultancy, conducted among 8000 US traders. Read more

Vantage FX acquires Atom8 forex broker

Oct 26 2017 12:40:44 Jonathan Smith in Brokers

Vantage FX, a forex and CFD broker regulated by the Australian Securities and Investment Commission (ASIC), announced it has acquired Atom8 – a UK forex, CFD and spread-betting broker regulated by the Financial Conduct Authority (FCA). Read more

Number of complaints against forex platforms in New Zealand drops

Oct 25 2017 09:08:50 Jonathan Smith in Market

The number of complaints against forex trading platforms, i.e. forex brokers, has dropped in 2016-2017, shows the annual report of the New Zealand’s Financial Dispute Resolution Service (FDRS). Read more

Bitfinex exits US market by November 9

Oct 25 2017 08:15:18 Jonathan Smith in Brokers

Bitfinex, one of the largest cryptocurrency exchanges by trading volume, said it will fully terminate its services for individual US customers by November 9. Read more

Israeli parliament bans binary options industry

Oct 24 2017 10:13:41 Jonathan Smith in Market

Israel's parliament, the Knesset has finally passed the law banning the binary options industry, reports The Times of Israel. By a vote of 53-0, the 120-member legislature forbade the industry to operate from within the country and offer its products abroad. Read more

IC Markets expands cryptocurrency portfolio with Ether, Bitcoin Cash, Dash and Litecoin

Oct 24 2017 08:03:48 Jonathan Smith in Brokers

IC Markets, an Australia-regulated forex and CFD ECN brokerage, announced it is expanding its cryptocurrency portfolio with the addition of CFDs on Ether, Bitcoin Cash, Dash and Litecoin against the USD. Read more

Clients accuse Plus500 of rigging platform in bitcoin CFD trading

Oct 23 2017 14:40:18 Jonathan Smith in Brokers

Hundreds of clients are accusing the forex and CFD broker Plus500 of rigging its trading platform, thus making them lose thousands when trading in CFDs on cryptocurrencies like bitcoin, reports the Australian Broadcasting Corporation (ABC), quoting lawyers from the company Giambrone, which is prepar... Read more

South Africa’s FSB blacklists binary options broker Stockpair

Oct 23 2017 08:18:28 Jonathan Smith in Market

South Africa’s financial services provider and markets regulator, the Financial Services Board (FSB) has issued a warning against the binary options broker Stockpair. According to FSB, the broker is operating the site Stockpair. Read more

CySEC slams Interactive Options managers with €200 000 fine

Oct 20 2017 09:39:22 Jonathan Smith in Market

 The Cyprus Securities and Exchange Commission (CySEC) has announced several board decisions penalizing some of the former senior managers of the Pegase Capital company that operated the binary options brokerage Interactive Options. Read more

London police raids binary options brokers, as client losses mount

Oct 20 2017 08:30:19 Jonathan Smith in Market

 The City of London Police, along with representatives of the Financial Conduct Authority and the HM Revenue & Customs (HMRC) have “visited” the offices of 20 binary options brokerages in the City this Tuesday, the police said. Read more

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