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All news by Jonathan Smith

TaoTrade forex broker owner renounces Cyprus license

Nov 10 2017 13:41:51 Jonathan Smith in Brokers

Dragon Options Ltd., owner of the forex brokerage TaoTrade and former owner of the DragonOptions binaries broker, has renounced its investment services provider authorization, the Cyprus Securities and Exchange Commission (CySEC) said in an official statement. Read more

Forex broker Fort Financial joins bitcoin trend

Nov 09 2017 14:52:08 Jonathan Smith in Brokers

Fort Financial, an offshore forex broker, has apparently joined the cryptocurrency trend that is sweeping the financial world and has launched CFDs on Bitcoin, Bitcoin Cash, Ether, Dash, Litecoin and Ripple.   They can all be traded against the USD. The commission is 1. Read more

Quoine gets $105 mln from oversubscribed ICO

Nov 09 2017 13:15:25 Jonathan Smith in Brokers

Quoine, the Singaporean fintech behind the Japan-regulated cryptocurrency exchange Quoinex, has gotten the equivalent of $105 million, through the QASH Token Sale, the company said. Read more

Review of the new ECN Prime account by Grand Capital

Nov 09 2017 10:14:05 Jonathan Smith in Brokers

Award-winning broker Grand Capital recently launched a new account type, intended for professional traders. The new ECN Prime account provides access to the market of high liquidity and immediate order execution using the cutting-edge AMTS system. Read more

India upholds hostile stance on Bitcoin

Nov 08 2017 15:16:57 Jonathan Smith in Market

S. Ganesh Kumar, a director of the Reserve Bank of India (RBI), the country’s c-bank and main financial regulator, said that the country would not recognize the Bitcoin or any other cryptocurrency as a legal tender. Read more

CONSOB warns of FxIBA, TradersPrime forex brokers, OptionInt binaries broker

Nov 08 2017 13:45:29 Jonathan Smith in Market

Italy’s financial markets and services provider regulator CONSOB has updated its list of forex and binary options brokers who are not licensed to operate in Italy with two new additions. The first one is the forex brokerage FxIBA, owned by IBA Group Ltd. Read more

UK branch of Forex.com expands portfolio, launches new platform

Nov 07 2017 14:43:08 Jonathan Smith in Brokers

The FCA-regulated service of the forex brokerage Forex.com has expanded its instrument portfolio. Now the UK clients of the Gain Capital-owned broker can trade in additional forex, index and commodity CFDs and in CFDs on US and UK equities.   With the new additions Forex. Read more

Forex affiliate portal Investoo buys Bitcoinmag.de crypto site

Nov 07 2017 14:06:52 Jonathan Smith in Market

Investoo Group, a London-based forex affiliate marketing business, has acquired Bitcoinmag.de – leading German cryptocurrency portal, thus expanding its reach into the DACH (Germany, Austria and Swizerland) market, said the company.   The sum of the deal was not disclosed. Read more

Japan mulls cutting OTC forex leverage to 1:10 – media

Nov 06 2017 15:09:31 Jonathan Smith in Market

The Japanese Financial Services Agency, which among other things regulates the activities of the Japanese OTC forex brokerages, is mulling to cut the max leverage offered to retail clients to 1:10, reports the site Finance Magnates, quoting own sources. Read more

CONSOB warns of 10brokers, Gallant Finance, CMB, Lockwood, FXTrade777 forex brokers

Nov 03 2017 15:10:34 Jonathan Smith in Market

 Italy’s financial markets and services providers regulator CONSOB has issued a warning against five forex brokerages: 10brokers, Gallant Finance, Capital Markets Banc, Lockwood and FXTrade777. Read more

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