Forex Brokers News
Russia plans binary options regulation
Oct 06 2016 14:21:05 Stanimir Zhelev in Brokers
The Central Bank of Russia (CBR) published and action plan for the financial markets (for 2016-2018) on Thursday, according to which the authority will come up with a stance on the regulation of binary options trading in the country by the end of 2017.
NFA bars Vankar Trading, IB of FXCM & Gain Capital
Oct 06 2016 08:49:24 Stanimir Zhelev in Brokers
The US National Futures Association (NFA) has announced on Tuesday it is permanently barring from membership Chicago-based Vankar Trading.
Grand Capital expands forex account funding options in Indonesia
Oct 05 2016 13:03:02 Stanimir Zhelev in Brokers
The international forex and CFD broker Grand Capital announced it has expanded the payment options for its clients in Indonesia by adding the local banks BNI and Mandiri bank. Now the broker's Indonesian clients can fund and withdraw from their user accounts via transfers with those two banks.
TRY/JPY & ZAR/JPY forex pairs now available for trading at Oanda Japan
Oct 03 2016 14:29:03 Stanimir Zhelev in Brokers
In response to trader requests, Oanda Japan decided to expand its product portfolio with two more currency pairs: Turkish Lira to Japanese Yen (TRY/JPY) and South African Rand to Japanese Yen (ZAR/JPY).
US forex broker FXCM to offer for sale up to $15 million in shares
Oct 03 2016 13:45:08 Stanimir Zhelev in Brokers
Following last week’s sale of its DailyFX portal to IG Group, leading US brokerage FXCM (NASDAQ:FXCM) today announced commencement of a $15 million "at-the-market" offering program.
Forex platform MT5 adds Swissquote Bank as liquidity provider
Oct 03 2016 10:24:53 Stanimir Zhelev in Brokers
Metaquotes, developer of multi-asset trading platform MetaTrader 5, announced on Monday it has integrated a gateway to Swissquote Bank.
Plus500 gets its fifth forex license by New Zealand’s FMA
Oct 03 2016 09:19:21 Stanimir Zhelev in Brokers
Just a couple of days after acquiring Israeli forex license, major brokerage Plus500 (LON:PLUS) announced it has also been granted a derivatives issuer license from the Financial Markets Authority (FMA) of New Zealand.
Plus500 and four more forex brokers get licensed by Israeli regulator (ISA)
Sep 30 2016 11:50:43 Stanimir Zhelev in Brokers
Israel financial regulator, ISA, announced yesterday it has finally granted several Trading Arena Licenses to FXCM, Plus500, Atrade, Real Forex and First Index.
FXCM sells DailyFX to IG Group for $40 mln
Sep 30 2016 09:03:34 Stanimir Zhelev in Brokers
Leading US forex broker FXCM (NASDAQ:FXCM) announced on Friday it has signed an agreement to sell its trading news and research portal DailyFX to the most profitable UK brokerage, IG Group (LON:IGG), for $40 million.
How much do UK forex brokers earn?
Sep 30 2016 08:25:55 Stanimir Zhelev in Brokers
It is all about the money. Probably all of us, involved in one way or another in the forex industry, have wondered “How much do FX brokers earn?”. So we decided to check out and compare the profits of largest brokerage companies, starting with UK ones.
Plus500 founders sell 13% of the company, stock down 16%
Sep 29 2016 09:32:39 Stanimir Zhelev in Brokers
The founders of retail forex and CFD broker Plus500 (LON:PLUS) have sold 13% of the existing ordinary shares of the company (or 15 500 000 shares), according to an announcement on the website of the London Stock Exchange filed today.
FxPro UK has tripled both its revenues and trading volumes in 2015
Sep 28 2016 12:29:55 Stanimir Zhelev in Brokers
According to FxPro’s annual accounts filed yesterday with the UK Companies House, the broker has tripled both its revenues and trading volumes in 2015.
Trades on Oanda’s fxTrade platform are now executed within 1 ms
Sep 28 2016 12:14:19 Stanimir Zhelev in Brokers
Leading global forex broker Oanda says execution speed on its in-house trading platform fxTrade is now as little as one millisecond, down from around six before. What is more, according to City AM, the brokerage is trying to reposition its fxTrade to a data and payment platform.