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All news by Jonathan Smith

CySEC fines €195 000 Falcon Brokers directors, bans them from professional activities

Jul 10 2017 11:37:29 Jonathan Smith in Market

 The Cyprus Securities and Exchange Commission (CySEC) announced it has fined €195 000 total the four directors of Falcon Brokers and has banned three out of the four of them from exercising professional activities in the financial sector for a number of years. Read more

Gain Capital continues to lose client deposits as Interactive Brokers recovers

Jul 10 2017 10:12:33 Jonathan Smith in Market

The deposits of the four remaining US retail forex brokers -  Gain Capital, Oanda, TD Ameritrade and Interactive Brokers – continue to rise in May, show the figures reported to the US regulator CFTC. Read more

Phillip Futures becomes first forex broker to adopt MT5 in Singapore

Jul 07 2017 12:37:44 Jonathan Smith in Brokers

 Phillip Futures, a Singapore forex broker, member of the PhillipCapital Group, said it is the first broker in the country to adopt the multi-asset trading platform MetaTrader 5 (MT5). Trading on MT5 is already available. Read more

UK's FCA warns of unauthorized binary options broker Markets Trading

Jul 07 2017 12:05:03 Jonathan Smith in Market

UK's Financial Conduct Authority (FCA) has warned that the binary options broker Markets Trading is not authorized to provide regulated financial activities that require a license.    According to FCA's notice, the broker, operating from the site Read more

Vantage FX, 24option abandon binary options in favor of forex, CFDs

Jul 07 2017 10:32:38 Jonathan Smith in Brokers

Vantage FX, a forex and binary options broker regulated by the Australian Securities and Investments Commission (ASIC), said it is abandoning binary options and turns its full attention to its ECN offering of forex, commodities and indices trading. Read more

Libertex starts offering trading in Bitcoin, Litecoin CFDs

Jul 07 2017 09:28:06 Jonathan Smith in Brokers

 Libertex, a trading brand of the Forex Club group, said it has launched trading in CFDs on the cryptocurrencies Bitcoin and Litecoin on July 6.   The reason for the expansion of the instrument portfolio, of course, is the growing investor interest towards the various digital currencies. Read more

Alpari restores trading in precious metals, TRY pairs

Jul 07 2017 07:43:43 Jonathan Smith in Brokers

Russia-focused international forex broker Alpari announced it has restored trading on precious metals and TRY pairs.    The following instruments are once again available for trading on pro.ecn.mt4 and ecn. Read more

Poland's KNF warns of forex broker Vortex Assets

Jul 06 2017 10:13:06 Jonathan Smith in Market

 The Polish Financial Supervision Authority (KNF) has issued a warning that the offshore forex broker Vortex Assets and its owner Black Parrot Limited are not licensed to provide financial brokerage activities. Read more

Varchev Brokers launches trading in bitcoin, other cryptocurrencies

Jul 06 2017 07:10:15 Jonathan Smith in Brokers

 Varchev Brokers, an EU-regulated forex broker, announced it is launching trading in Bitcoin, Dash, Ethereum, Litecoin and Ripple. Read more

10 things about the forex market you probably did not know

Jul 05 2017 13:26:38 Jonathan Smith in Market

It is the summer holiday season and news are slow, so we decided to compile a list of fun facts about forex and currencies for your reading amusement.   1. The first references of forex trading can be traced back to Biblical times. Read more

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