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All news by Jonathan Smith

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

India to crack down on local bitcoin exchanges

Nov 03 2017 09:49:39 Jonathan Smith in Market

The Indian government is considering the closure of the local cryptocurrency exchanges in an attempt to curb money laundering, reports the Indian news outlet The Economic Times. Read more

Forex Gold Investor EA Review - Is it scam or good forex system?

Nov 01 2017 12:40:41 Jonathan Smith in Ea

The Forex Gold Investor is an automated trading systems which, as its name partially suggests, trades gold. In this review, we will attempt to unveil its secrets. Read more

Plus500’s Q3 revenues soar 50% higher, yoy

Oct 31 2017 14:46:32 Jonathan Smith in Brokers

The Q3 2017 revenues of Plus500 – a global CFD and forex broker, stood at $327.9 million, up 50% from the same period of last year, shows the official company report. Read more

Switzerland’s FINMA warns of forex brokers ECN Capital, Swiss Magnates

Oct 31 2017 13:46:46 Jonathan Smith in Market

 The financial markets and services providers regulator of Switzerland – FINMA – has warned of two unregulated forex brokers – ECN Capital and Swiss Magnates. Read more

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