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All news by Jonathan Smith

Innovative EA Review - Is it scam or good forex system?

Aug 11 2017 13:29:19 Jonathan Smith in Ea

AlgoTradeSoft is a developer of automated trading systems. One of their popular robots is the Innovative EA. Not much is known about the system, but we will do our best to debunk some of its mysteries. Read more

Hong Kong's SFC warns of 72Option binary options broker

Aug 11 2017 11:17:56 Jonathan Smith in Market

Hong Kong's financial services regulator, the Securities and Futures Commission (SFC) has issued a warning against the unlicensed binary options broker 72Option. According to SFC, the brand is owned by Epic Ventures Ltd. Read more

FxPro launches new spread betting platform FxPro Edge in UK

Aug 11 2017 09:29:45 Jonathan Smith in Brokers

Major European forex broker FxPro  has announced the launch of its “revolutionary” spread betting platform FxPro Edge.   It is available for clients of FxPro UK that are residents of the United Kingdom, starting from August 11. Read more

Ex-owner of NessFX, OptionWeb renounces Cyprus license

Aug 11 2017 08:34:48 Jonathan Smith in Market

 The Cyprus Securities and Exchange Commission (CySEC) announced the company Lionsman Capital Markets (Cyprus) Ltd has renounced its license on June 9, 2017. Read more

FinaCom warns of 247Options Trade binary options broker

Aug 11 2017 07:44:17 Jonathan Smith in Market

 The Financial Commission (FinaCom), the independent external dispute resolution (EDR), whose members include forex, CFD and binary options brokers has added the binary options broker 247Options Trade to its warning list. Read more

Lion FX Trader EA Review - Is it scam or good forex system?

Aug 10 2017 10:49:33 Jonathan Smith in Ea

The Lion FX Trader automated system is a rather popular recent example of the dangers involved with grid-based trading strategies. We would advise you to read our basic explanation on the topic of grids, martingale and hedging, if you are not familiar with these terms. Read more

AxiTrader launches Tradency's Mirror Trader platform

Aug 10 2017 08:59:47 Jonathan Smith in Brokers

 AxiTrader, an Australian forex and CFD broker, announced it has teamed up with the fintech company Tradency to provide the mirror trading platform Mirror Trader to its clients. Read more

FXCM's quarterly results recover, monthly results decline

Aug 10 2017 07:50:49 Jonathan Smith in Brokers

  FXCM Group, the two remaining forex, CFD and spread betting units of Global Brokerage, reported total net revenues of $49.4 million for the second quarter of 2017, ending on June 30. This is 10.1% less than the same quarter of last year, but 7.6% more than Q1 2017. Read more

Ninja Trainer EA Review - Is it scam or good forex system?

Aug 09 2017 13:34:46 Jonathan Smith in Ea

The Ninja Trainer is a relatively popular system, which we would like to review. Read more

Italy's CONSOB warns of Iforex24 forex broker

Aug 09 2017 13:30:03 Jonathan Smith in Market

 Italy's financial markets and services watchdog CONSOB has issued a warning that the offshore forex broker Iforex24 is not licensed to provide services in Italy. Read more

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