Forex Brokers News
Blackwell Global acquires double licenses with Hong Kong’s SFC
Jan 06 2017 09:30:05 Jonathan Smith in Brokers
Pure STP brokerage Blackwell Global has acquired a double license from Hong Kong’s Security and Futures Commission (SFC) and is now allowed to offer both securities and futures trading services.
FXCM's November retail client deposits fall YoY
Jan 05 2017 09:29:51 Jonathan Smith in Brokers
The deposits of FXCM's retail clients in November 2016 amounted to $178,375,472, shows the latest CFTC data from US retail forex brokers. This is 1.6% more than in October 2016, but 5.3% lower than November 2015.
FxPro will remain in private hands, abandons plans to list on LSE
Jan 05 2017 07:50:03 Jonathan Smith in Brokers
Major forex broker FxPro said on Wednesday that it had cancelled its plans to list on the London Stock Exchange, as the UK financial watchdog threatened to apply stricter rules for retail forex and CFD trading, sources close to the matter told online media Sky News.
Grand Capital plans to get CySEC license in 2017
Dec 27 2016 15:21:00 Jonathan Smith in Brokers
In an interview for online media Finance Magnates, Grand Capital’s CEO Stanislav Vaneev disclosed that the future plans of the company for the year 2017 include acquisition of license from the Cyprus Securities and Exchange Commission, among other major changes.
CMC Markets mulls moving out of the UK after FCA capped leverage
Dec 23 2016 14:12:06 Jonathan Smith in Brokers
Forexbrokerz.com learned that financial spread-betting and CFD giant CMC Markets is thinking over moving away from the UK after the FCA’s decision to cap leverage to 1:50 and to introduce other restrictive measures to forex and CFD trading.
FXTM makes Index & Commodities CFDs available for trade to ECN account holders
Dec 19 2016 10:24:53 Jonathan Smith in Brokers
FXTM added new financial instruments for trading on its ECN trading accounts – namely, contracts for difference (CFDs) on indices and commodities.
FXCM's November metrics rise MoM, YoY
Dec 14 2016 07:59:30 Jonathan Smith in Brokers
Major US forex broker FXCM (NASDAQ:FXCM) reported that its November trading metrics have risen both from October and from November last year.
According to the company statement, the retail customer trading volume reached $353 billion.
Gain Capital's November trading volume up 34.7% from previous month
Dec 13 2016 10:50:40 Jonathan Smith in Brokers
US forex broker Gain Capital, whose most popular brand is Forex.com, has reported that its over-the-counter (OTC) retail trading volume in November rose 34.7% from October, to reach $257 billion. The result is also 3.
FXCM integrates algo trading platform QuantConnect
Dec 05 2016 15:48:14 Stanimir Zhelev in Brokers
Leading US forex brokerage FXCM (NASDAQ:FXCM) announced on Monday it has launched Live Trading Integration with algorithmic trading platform QuantConnect, which is cloud-based. At present, only the broker’s US clients are able to use this service.
CySEC tightens control on forex and binary options brokers in line with ESMA’s guidelines
Dec 05 2016 14:51:10 Stanimir Zhelev in Brokers
The Cyprus Securities and Exchange Commission (CySEC) has issued a circular to Cyprus investment firms, setting some new rules about trading bonuses, maximum leverage and withdrawal time. In its essence, these measures are in line with ESMA’s guideline, published in October.
FxPro hikes margins on European spot indices ahead of Italian referendum
Nov 30 2016 11:21:04 Stanimir Zhelev in Brokers
As the referendum in Italy is approaching, another leading EU broker, FxPro, announced temporary changes in its trading conditions.
Alpari finally gets a Russian forex broker license
Nov 29 2016 12:41:30 Stanimir Zhelev in Brokers
The Russian unit of Alpari group (Alpari Forex) has finally been granted a forex broker license by the Central Bank of Russia (CBR).
IG and ActivTrades hike margins ahead of Italian referendum
Nov 25 2016 13:10:02 Stanimir Zhelev in Brokers
In order to protect their clients from the expected volatility in relation to the forthcoming referendum in Italy, UK-based brokerages IG and ActivTrades announced they are temporarily increasing margin requirements on select instruments.