Forex Brokers News
Windsor Brokers adds Polish zloty as base account currency
Mar 29 2017 10:18:58 Jonathan Smith in Brokers
Windsor Brokers, a Cyprus-regulated forex and CFD broker, said it has added the Polish zloty as a base currency for the new MetaTrader 4 (MT4) trading accounts.
Poland is one of the main markets for Windsor Brokers, which offers is website and customer support in Polish.
Grand Capital hikes margin requirements for Russian stock CFDs
Mar 28 2017 13:14:50 Jonathan Smith in Brokers
Forex and binary options broker Grand Capital announced it is raising the margin requirements for Russian stock CFDs. The reason for the hike from 10% to 30%, is a change in the trading conditions of the liquidity providers. The change applies to all open positions.
IG’s revenue in Q3 ahead in all regions except the UK
Mar 23 2017 09:20:36 Jonathan Smith in Brokers
Leading spread betting and CFD provider IG Group (LON:IGG) announced key financial data for the quarter of FY 2017 that ended on February 28th. The company’s total revenue in Q3 was 3.8% down compared to the strongest quarter of the prior year, coming in at £117.4 million.
Grand Capital adds MayBank as payment option for Malaysian clients
Mar 21 2017 13:29:09 Jonathan Smith in Brokers
Forex and binary options broker Grand Capital announced it has added the MayBank payment option for its clients in Malaysia.
MayBank is one of the largest banks in Malaysia and the new option allows clients make deposits and withdrawals in Malaysian Ringgits.
FXCM reports 21.6% annual rise in trading revenue for Q4 2016
Mar 20 2017 13:01:34 Jonathan Smith in Brokers
FXCM, or rather Global Brokerage, Inc. (NASDAQ:GLBR) as the company is known after the February folding up of its US operations, reported that its trading revenue from continuing operations in the quarter that ended on December 31, 2016, amounted to $79.5 million. This is nearly 21.
XM lowers margin requirements for Swiss franc
Mar 17 2017 15:15:04 Jonathan Smith in Brokers
XM, a European forex broker regulated by UK's FCA and the Cyprus Securities and Exchange Commission (CySEC), said it is lowering the margin requirements for trading in Swiss francs.
Saxo Bank reports positive net profit of $43.6 mln
Mar 17 2017 12:16:41 Jonathan Smith in Brokers
Saxo Bank, a major global banking and brokerage services provider released its annual report for 2016, which showed a positive net profit of DKK 302 million ($43.6 million) for the year. In 2015 the company had reported a net loss of DKK 645.
FXTM adds Baidu Pay as payments option
Mar 16 2017 10:58:19 Jonathan Smith in Brokers
Global forex broker FXTM announced it has added the popular Chinese payment service Baidu Pay as a payment option.
Baidu Pay is available to FXTM's clients from China, Taiwan, Singapore and Hong Kong.
FXCM Group reports declining February metrics
Mar 15 2017 09:00:35 Jonathan Smith in Brokers
FXCM Group, which now contains all FXCM subsidiaries, except the US, has reported a decline in its February retail and institutional customer trading metrics.
According to the document, the customer trading volume in February amounted to $201 billion.
GetStocks.com acquires Invest.com
Mar 13 2017 15:17:54 Jonathan Smith in Brokers
In a notice to its clients Topic Markets Ltd. announced that its forex broker brand and site Invest.com has been sold to GS Sharestocks Ltd. All client accounts will be transferred to the new owner on 19 March, 2017.
Gain Capital reports 3-digit income rise for 2016, hints at further expansion
Mar 10 2017 10:15:25 Jonathan Smith in Brokers
Gain Capital, owner of the forex retail brand Forex.com and the largest forex broker on the US market, reported a 243% rise of its net income for 2016, to $35.3 million. The operating profit of Gain Capital in 2016 also rose significantly – by 228% from 2015, to $57.7 million.
FXTM introduces Negative Balance Protection to all account types
Mar 09 2017 12:31:54 Jonathan Smith in Brokers
After halving maximum leverage (to 1:500), leading global brokerage FXTM announced it is introducing Negative Balance Protection to all account types. The broker sent notes to all its clients on Thursday, informing them about the amendments to the agreements, which will take effect immediately.
CMC Markets teams up with ANZ to provide new share trading platform
Mar 08 2017 08:32:31 Jonathan Smith in Brokers
CMC Markets, a leading forex, spread betting and CFD broker, has partnered with the Australia and New Zealand Banking Group (ANZ) to provide a new trading solution for the Group's clients under the ANZ Share Investing brand, ANZ announced.