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Forex

Forex Brokers News

FxPro launches new spread betting platform FxPro Edge in UK

Aug 11 2017 09:29:45 Jonathan Smith in Brokers

Major European forex broker FxPro  has announced the launch of its “revolutionary” spread betting platform FxPro Edge.   It is available for clients of FxPro UK that are residents of the United Kingdom, starting from August 11. Read more

AxiTrader launches Tradency's Mirror Trader platform

Aug 10 2017 08:59:47 Jonathan Smith in Brokers

 AxiTrader, an Australian forex and CFD broker, announced it has teamed up with the fintech company Tradency to provide the mirror trading platform Mirror Trader to its clients. Read more

FXCM's quarterly results recover, monthly results decline

Aug 10 2017 07:50:49 Jonathan Smith in Brokers

  FXCM Group, the two remaining forex, CFD and spread betting units of Global Brokerage, reported total net revenues of $49.4 million for the second quarter of 2017, ending on June 30. This is 10.1% less than the same quarter of last year, but 7.6% more than Q1 2017. Read more

Forex

Gain Capital paid $7 mln for FXCM's US clients

Aug 09 2017 10:24:04 Jonathan Smith in Brokers

Gain Capital, owner of the leading US forex broker Forex.com, has paid $7 million for the clients of the now defunct US branch of Global Brokerage (FXCM), shows a regulatory filing with SEC. In Q1 2017 Gain Capital paid FXCM $5.1 million and the remainder was paid in the second quarter. Read more

Swissquote Bank boasts record results

Aug 09 2017 09:24:58 Jonathan Smith in Brokers

 Swissquote Bank, the parent of the forex broker Swissquote, reported its H1 2017 results and said it “breaks all records”.   The operating revenues rose 16.5% to CHF 90.5 million ($93.9 million), while the net profit rose 60.8% to CHF 17.9 million. Read more

IronFX gets $100 mln from a Middle Eastern family office

Aug 09 2017 08:00:52 Jonathan Smith in Brokers

 The forex broker IronFX announced it concluded an agreement for a strategic investment of $100 million from “a prominent MENA region family office investor”.   The sum will be transferred in tranches and will be used to fund the broker's growth capital needs. Read more

Forex

NordFX launches two-level affiliate program

Aug 07 2017 10:22:24 Jonathan Smith in Brokers

 NordFX, an offshore forex broker that also has a Cyprus license, announced it is launching a two-level affiliate program for its partners, starting from August 8, 2017. Read more

Plus500 reports “Record first half revenues and profits”

Aug 07 2017 07:50:50 Jonathan Smith in Brokers

 Major UK-based forex broker Plus500 announced it “is delighted” to release interim results or the six months ended 30 June 2017. According to the report, the net profit for the period rose the spectacular 104% on an annual basis, to $90.7million. Read more

Autochartist now available to HotForex clients for free

Aug 04 2017 13:37:45 Jonathan Smith in Brokers

CySEC-regulated forex broker HotForex announced it has launched the Autochartist service and now this advanced automated technical analysis tool available for free to its clients. Read more

Gain Capital's July trading volumes wane

Aug 04 2017 12:35:11 Jonathan Smith in Brokers

The largest retail FX brokerage in the US, Gain Capital, released its July trading metrics on Thursday, according to which, the broker’s retail and institutional segment were on the downside. The data shows that the Gain Capital’s retail trading volume came in at $204. Read more

FxChoice temporarily cuts leverage for USDMXN pair

Aug 04 2017 11:34:24 Jonathan Smith in Brokers

Online forex broker FX Choice posted a notice on its website on Friday to inform clients that it is temporarily changing the trading conditions for FX pair USDMXN. Namely, the broker is reducing the maximum leverage levels applicable to this currency pair to 1:50. Read more

Gain Capital’s net income rises to $13.9 million in Q2 of 2017, but H1 results are predominantly unfavorable

Aug 04 2017 07:46:16 Jonathan Smith in Brokers

Gain Capital - the largest retail FX broker in the US, which operates the Forex.com brand, announced key financial and operating metrics for Q2, and half-year of 2017. According to the report published on Thursday, its net income rose to $13. Read more

Exness registers slight decrease in July trading volumes both MoM and YoY

Aug 03 2017 12:43:11 Jonathan Smith in Brokers

European FX broker Exness reported some financial metrics for the month of July. According to the information published on its website, the company’s trading volume came in at $248.4 billion in July, a touch below $252.0 billion recorded in June. Read more

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Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
Cyprus, Australia CySec, ASIC MT4, Web $100 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, Web,
PrimeTrader
$100 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus FCA, CySec MT4, MT5 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySec MT4, Web, Gwasy $100 Review Website
Belize IFSC MT4, MT5, Web $1 Review Website
Seychelles FinaCom MT4 $10 Review Website
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