Forex

Forex Brokers News

FXCM turned to a net income of $71 million in Q1 – Q3 of 2016

Nov 10 2016 12:39:05 Stanimir Zhelev in Brokers

On Tuesday leading US forex broker FXCM announced key financial metrics for Q1 – Q3 of 2106 and for October alone. Despite the 39.3% drop in net revenue, in the January-September 2016 period FXCM turned to a net income of $71 million from a net loss of $449 million a year earlier. Read more

Alpari, FxPro, Dukascopy & XM readjust margins after US elections

Nov 09 2016 16:43:44 Stanimir Zhelev in Brokers

A number of brokerages temporarily hiked margin requirements for certain financial instruments ahead of US presidential elections amid the uncertainty of the voting outcome which increased market volatility. Read more

It’s now official: France bans advertising of forex & binary options

Nov 09 2016 16:16:13 Stanimir Zhelev in Brokers

The French National Assembly has passed the Sapin II bill on Tuesday, which bans the advertising of binary options and CFDs with a leverage greater than 1:5. Read more

Gain Capital’s stock up by more than 10% after announcing key financial metrics

Nov 07 2016 07:40:27 Stanimir Zhelev in Brokers

On Thursday Gain Capital (a.k.a Forex.com) reported key financial metrics for Q1 – Q3 of 2106 and for October alone. According to the reports, overall October was not very good for the brokerage, however, it turned to a consolidated net profit of $14. Read more

Gain Capital registers an increase in client assets in September

Nov 04 2016 09:16:28 Stanimir Zhelev in Brokers

According to the latest monthly report of the Commodity Futures Trading Commission (CFTC) on client assets handled by the few brokers left to operate in the US, Gain Capital handled a total of $130,430,508 customer obligations. The figure represents a slight increase of 0. Read more

Changes to trading conditions ahead of US elections announced by Alpari, Vantage FX, Dukascopy, Hantec Markets

Nov 03 2016 09:19:33 Stanimir Zhelev in Brokers

An increasing number of brokerages are introducing temporary trading conditions due to the expected volatility around the US presidential elections. Read more

Forex

FXCM hikes margins for select currency pairs ahead of US elections

Nov 03 2016 09:02:13 Stanimir Zhelev in Brokers

Leading forex broker FXCM joined the growing group of brokers temporarily raising margin requirements ahead of upcoming US presidential elections. Read more

FXTM’s clients can now get up to $10,000 under a Refer-a-Friend program

Nov 02 2016 10:44:32 Stanimir Zhelev in Brokers

Exactly on the date, on which the brokerage’s 6-month Loyalty Cashback forex program expires, FXTM launches a Refer-a-Friend program, under which existing clients can earn up to $10,000. The promotion is available for holders of all FXTM account types, except PAMM. Read more

FXCM closes on sale of DailyFX to IG, almost half of its debt to Leucadia repaid

Oct 31 2016 08:30:53 Stanimir Zhelev in Brokers

Leading global brokerage FXCM (NASDAQ:FXCM) announced on Monday it has finalized the sale of news and research portal DailyFX to IG Group (LON:IGG) for $40 million. On closing, FXCM received $36 million in cash and will get additional $4 million on completion of certain migration requirements. Read more

OctaFX hikes margins for US30, NAS100, SPX500 ahead of US elections

Oct 28 2016 10:51:44 Stanimir Zhelev in Brokers

UK forex broker OctaFX also announced it will increase margin requirements for certain indices CFDs to 10% (from 2%) ahead of US presidential elections. More specifically, leverage for the US30, NAS100, SPX500 will be temporarily cut from 50:1 to 10:1. Read more

FXTM’s partner Valery Rozov performed world-record breaking base-jump

Oct 26 2016 22:05:26 Stanimir Zhelev in Brokers

Skydiving and BASE-jump legend Valery Rozov, who teamed up with Cyprus-based FX broker FXTM earlier in July, has smashed a world-record. Read more

Saxo Bank, Capital Index hike margins ahead of US presidential elections

Oct 26 2016 15:18:46 Stanimir Zhelev in Brokers

 After previous week IG Group announced its plans to increase margin requirements for certain forex and contracts for difference (CFDs) ahead of US elections, Saxo Bank & Capital Index followed suit. Read more

FxPro launches forex news, analysis via messaging app Telegram

Oct 26 2016 09:43:50 Stanimir Zhelev in Brokers

Major forex broker FxPro announced on Wednesday it has launched its own channel on Telegram. Read more

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