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Forex

Forex Market News

Spain's regulator warns of PlusTrades forex broker

Jun 27 2017 11:34:02 Jonathan Smith in Market

Spain's financial markets regulator, the Comision Nacional del Mercado de Valores (CNMV), has issued a warning that the forex broker PlusTrades is not is not authorized to provide investment and auxiliary financial services in Spain. Read more

Italy's CONSOB warns Forex Point, Markets Broker are unlicensed

Jun 27 2017 09:29:42 Jonathan Smith in Market

Italy's financial markets and services provider CONSOB has issued a warning against two forex brokers operating on the local market – Forex Point and Markets Broker.    According to the commission, neither of the brokers is authorized to provide services in Italy. Read more

CySEC warns against binary options broker BuzzTrade

Jun 20 2017 14:05:48 Jonathan Smith in Market

The Cyprus Securities and Exchange Commission (‘CySEC’) issued an announcement-warning on Tuesday with regard to Airfinance Pro Ltd. – a company which is no longer authorized to provide financial services, as its license was suspended by the commission and later renounced. Read more

Forex

FCA urges UK brokers to file for MiFID II authorization

Jun 19 2017 13:43:49 Jonathan Smith in Market

The Markets in Financial Instruments Directive (MiFiD II) introduces some important changes to financial services regulation in the UK. Read more

Ban on offering binary options abroad to be tabled in Israel's parliament

Jun 15 2017 14:08:38 Jonathan Smith in Market

 The Israeli parliament – the Knesset – is due to discuss the eventual ban on offering binary options to clients abroad and accepting foreign clients by Israeli companies, local media report. Read more

Binary options apps no longer permitted by Apple

Jun 09 2017 13:10:08 Jonathan Smith in Market

Technological giant Apple announced on Thursday it bans binary options mobile apps from the iTunes app store. According to section 3.2.2 of Apple’s guidelines, “Apps that facilitate binary options trading are not permitted on the App Store. Consider a web app instead. Read more

Forex

IG, XM, Plus500, ActivTrades, Admiral Markets lower leverage ahead of UK general election

Jun 06 2017 13:09:57 Jonathan Smith in Market

As the date for the General Elections in the UK approaches, several major European forex brokers have announced they are taking precautionary measures against the expected high market volatility. Read more

CFTC files a suit against forex broker Tallinex for accepting US clients

Jun 02 2017 12:11:32 Jonathan Smith in Market

The US Commodity Futures Trading Commission (CFTC) has filed a lawsuit against offshore forex brokerage Tallinex for illegally soliciting and accepting at least $1.5 million from US clients. Read more

Australia's ASIC cancels the forex broker license of GallopFX

May 29 2017 11:26:05 Jonathan Smith in Market

The Australian Securities Investment Commission (ASIC) announced on Monday it has cancelled the Australian financial service (AFS) license of retail forex broker GallopFX, as of May 24th. Read more

CySEC considers banning binary options altogether

May 25 2017 14:30:53 Jonathan Smith in Market

The Cyprus Securities and Exchange Commission (CySEC) considers banning binary options trading altogether, reported Finance Magnets. The online media cited CySEC Head, Demetra Kalogerou, who delivers a speech at the iFX Expo International 2017 on Thursday. Read more

Online investment scams in Australia mark a 130% increase YoY

May 15 2017 13:26:28 Jonathan Smith in Market

The report of the Australian Competition and Consumer Commission (ACCC) for 2016 revealed that Investment scheme scams caused the greatest losses to Australians, after romance and dating frauds. Read more

AFCA: The new EDR for all Australian forex brokers

May 12 2017 13:53:17 Jonathan Smith in Market

The federal executive government of Australia announced it will introduce a comprehensive package of measures to strengthen the accountability and competition in the country’s financial system. Read more

FCA updates its warning list with ExxonFX

May 10 2017 09:48:44 Jonathan Smith in Market

 The UK Financial Conduct Authority (FCA) warned forex broker ExxonFX has been providing financial services in the country without being authorized. The broker is owned and operated by Revolution Markets LP and claims to be based in the UK. 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, Cyprus FCA, CySec MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB 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
Cyprus CySEC in-house mobile
app
$50 Review Website
Seychelles FinaCom MT4 $10 Review Website
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