CMC Markets’ stock drops by more than 5% on unsatisfactory results for H1 2017
Nov 23 2016 14:36:18 Stanimir Zhelev in Brokers
After leading UK forex and spreadbetting brokerage CMC Markets (LON:CMCX) announced overall unsatisfactory Interim results for the six months ended 30 September 2016 on Wednesday, its stock price dropped by more than 5%.
CMC Markets’ stocks traded at GBX 203.
XM acquires a FCA license, commences operations in the UK
Nov 22 2016 14:32:26 Stanimir Zhelev in Brokers
In order to better serve its UK and European clients, forex brokerage XM commences a UK office. According to an announcement on the brokerage’s website, XM UK officially starts business on Tuesday.
FXTM launches web-based MT5 with hedging
Nov 22 2016 13:26:52 Stanimir Zhelev in Brokers
Cypriot forex broker FXTM announced earlier this week that it adds the web-based version of the MetaTrader 5 (MT5) platform to its offering.
FX Choice launches Refer and Earn forex partnership program
Nov 17 2016 13:30:24 Stanimir Zhelev in Brokers
Apart from providing competitive trading conditions on a selection of trading platforms, forex brokerage FX Choice offers a variety of partnership programs to suit every taste and budget.
Gain Capital’s GTX launches ECN FX matching engine in Japan
Nov 17 2016 11:56:50 Stanimir Zhelev in Brokers
Major brokerage Gain Capital Holdings (NYSE: GCAP) said its institutional brand GTX will launch a new matching engine for its flagship ECN in Tokyo.
FXCM expands to South Africa, opens office in Johannesburg
Nov 16 2016 13:11:25 Stanimir Zhelev in Brokers
FXCM Group announced on Wednesday that its affiliate has opened its first office in Johannesburg.
FxPro reducеs margins for certain MXN, CHF forex pairs
Nov 15 2016 12:49:11 Stanimir Zhelev in Brokers
As of today, 15 November, UK forex broker FxPro raises the leverage for some currency pairs with the Mexican peso (MXN) and the Swiss franc (CHF) to 1:500. This is the maximum leverage ratio offered by the broker and of course, FxPro’s dynamic leverage model applies to it.
XM inks sponsorship deal with the fastest human - sprinter Usain Balt
Nov 15 2016 12:31:46 Stanimir Zhelev in Brokers
Major forex broker XM announced on Monday it has made Nine-times Olympic gold medalist Usain Bolt a brand ambassador. The famous sprinter and EU and Australia-regulated broker have signed a three-year sponsorship deal under which Bolt will promote the XM brand.
Forex.com launches new premium account for high-volume traders in US and Canada
Nov 15 2016 09:06:08 Stanimir Zhelev in Brokers
The operator of Forex.com - GAIN Capital (NYSE: GCAP) - announced a new type of premium account on Monday. Designed for high-volume traders the new premium account will offer spreads as low as 0.
Tickmill expands to Europe with a UK forex license
Nov 10 2016 13:37:21 Stanimir Zhelev in Brokers
Global NDD brokerage Tickmill has officially launched its services in the UK and Europe on Tuesday, as its subsidiary Tmill UK Ltd. acquired a license with the UK Financial Conduct Authority (FCA).
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.
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.
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.