Forex Brokers News
Admiral Markets amends margin requirements
Jan 19 2017 14:59:35 Jonathan Smith in Brokers
Admiral Markets, a European forex and CFD broker, said it is amending the margin requirements on the instruments it offers on some of the live trading accounts.
According to the broker, the changes will apply to all positions opened on Admiral.Markets and Admiral.
eToro takes ETFs to a next level of Copy Trading
Jan 18 2017 15:20:51 Jonathan Smith in Brokers
Innovative forex broker and social trading network eToro launched a new investment service called CopyFunds, which takes exchange-traded funds (ETFs) to a whole new level.
ETFs allow traders to invest in a whole sector or market trend, not just in one company or commodity.
XM is only forex broker in World Finance 100 2016 list
Jan 18 2017 12:47:05 Jonathan Smith in Brokers
XM, a European forex broker regulated by UK's FCA and the Cyprus Securities and Exchange Commission (CySEC), said it has been included in the World Finance 100 list for 2016.
Interactive Brokers’ income before taxes increases by 66.2% in 2016
Jan 18 2017 08:39:23 Jonathan Smith in Brokers
Multi-asset automated brokerage Interactive Brokers (NASDAQ GS: IBKR) announced key financial and trading metrics for 2016 on Tuesday. Leading US broker and a market maker reported its income before taxes for 2016 came in at $761 million, which is a growth of 66.2% compared to 2015.
Swissquote’s social network Pulse now available on iOS devices
Jan 17 2017 15:06:27 Jonathan Smith in Brokers
A bank, a major FX and CFD brokerage, as well as a fintech pioneer, Swissquote announced that its recently launched social network, called Pulse, is now available on iOS devices.
Morgan Stanley raises its stake in Plus500
Jan 16 2017 15:31:23 Jonathan Smith in Brokers
Morgan Stanley, the US multinational financial company who is among the major stakeholders in the London Stock Exchange (LSE)-traded forex broker Plus500 (LON:PLUS) has raised its stake in the company to pass the 6% threshold.
IG urges its clients to take a stand with regards to FCA’s proposals
Jan 13 2017 08:36:04 Jonathan Smith in Brokers
Major brokerage IG Group (LON:IGG) encourages its clients to share their opinions about the recent proposal from the Financial Conduct Authority (FCA) to raise margin requirements for CFDs and spread betting, among other things.
FXCM sees December, Q4 2016, annual trading volumes fall
Jan 12 2017 14:31:39 Jonathan Smith in Brokers
FXCM, the leading US forex brokerage saw a double-digit decline in its December retail and institutional trading volumes both on a monthly and annual basis, show the officially released company metrics.
IG Group renames binary options to “Digital 100s”
Jan 12 2017 10:44:34 Jonathan Smith in Brokers
IG Group, one of Europe's largest forex, CFD and spread betting (UK only) brokers has rebranded its binary options products and now calls them “Digital 100s”.
It's official: Banc De Binary renounces Cyprus license
Jan 11 2017 12:43:49 Jonathan Smith in Brokers
Banc De Binary, the largest and oldest regulated binary options broker has renounced its Cyprus license, several days after the first reports that it is planning to shutter its business and has stopped taking clients from the EU.
Forex.com’s trading volumes drop by double digits in December
Jan 10 2017 15:17:56 Jonathan Smith in Brokers
According to the monthly metrics, provided on Gain Capital’s website, the over-the-counter (OTC) trading volume of its retail brand Forex.com dropped to $189.1 billion. The figure represents a decrease of 26.4% from previous month, and a drop by 33.
Grand Capital releases mobile app for iPhone
Jan 10 2017 08:17:00 Jonathan Smith in Brokers
Forex and binary options broker Grand Capital always strives to improve existing products and services. As the number of traders who prefer to trade on the go through their mobile phones increases every year, previous week the broker released a mobile app for iPhone, called Grand Capital Invest.
Banc De Binary shuts down, new EU clients are no longer accepted
Jan 09 2017 15:35:49 Jonathan Smith in Brokers
Update: on January 11, the Cyprus Securities and Exchange Commission officially announced that Banc de Binary renounced its authorization to operate as a Cyprus Investment Firm.
One of the leaders in the binary options trading market, Banc de Binary, closes operations.