Forex Market News
Moscow Exchange Sees Another Forex Turnover Record in March
Apr 01 2014 18:07:25 Maria Nikolova in Market
Moscow Exchange (MOEX), the biggest marketplace in Russia for trading stocks and Forex, earlier today announced the metrics for March 2014, with the month witnessing one more record in terms of FX turnover for the group. The average daily Forex turnover last month reached massive RUB 1.
New Zealand's FMA Has More Powers, New Rules Come into Effect
Apr 01 2014 06:53:07 Maria Nikolova in Market
We are not certain about the source of love of regulators for making decisive moves on April Fools' Day but the reality is that radical changes in financial regulation tend to happen precisely on this day.
EXNESS Shifts from New Zealand to Saint Vincent and the Grenadines
Apr 01 2014 05:56:07 Maria Nikolova in Market
EXNESS, the global group of Forex brokers, announced today the establishment of a new company based in Saint Vincent and the Grenadines. The new company, EXNESS Limited is a part of the EXNESS Group from April 1, 2014 and it is from that date that it becomes a contractor of EXNESS Limited (NZ).
CySEC Prolongs Suspension of License of Infina Investments
Mar 31 2014 10:42:37 Maria Nikolova in Market
When the Cyprus Securities and Exchange Commission (CySEC) finds a company has violated the law, it takes the necessary measures and does not step back until the perpetrator remedies the problems.
FxNet Reveals the Formula of Successful Forex Trading
Mar 28 2014 19:13:44 Stanimir Zhelev in Market
FxNet Team is flying to Kuala Lumpur, for an informative one-day seminar in Malaysia. They are excited to meet all of their trusted partners in person and give them the chance to describe the FxNet Partnership experience and receive any suggestions and constructive feedback.
FCA Warns of Everest Markets UK
Mar 28 2014 09:21:57 Stanimir Zhelev in Market
All forex brokers promoting or selling their services in the UK have to be authorised by Financial Conduct Authority (FCA). However, some brokers act without FCA authorisation and some knowingly run scams like share fraud.
Fight for $35 000 in ForexTime's Live Trading Contests
Mar 27 2014 14:37:14 Stanimir Zhelev in Market
Traders are currently locked in battle as they fight for supremacy in international forex broker ForexTime’s two live trading competitions. Traders wanting to get involved in the fierce competition have until April 10th to register and join in on the chance to win top prizes worth $10,000.
US Court Slaps $2.2M in Penalties for Forex Ponzi Scheme
Mar 24 2014 08:14:05 Maria Nikolova in Market
A district court in Ohio, the United States, has imposed financial penalties of more than $2.2 million on the defendants in a Forex fraud case brought up by the Commodity Futures Trading Commission (CFTC).
Russian Forex Brokers Face End of Offshore Tax Havens
Mar 24 2014 06:51:00 Maria Nikolova in Market
If you are a trader, then you must be aware that Forex brokers often seek to establish outlets in offshore zones in order to benefit from looser tax regimes, milder registration terms and corporate secrecy procedures.
CySEC Issues Alert about Broker OptionSmarter
Mar 21 2014 11:51:43 Maria Nikolova in Market
We haven't seen the Cyprus Securities and Exchange Commission (CySEC) flash its regulatory teeth to binary option brokers for almost a month and that's quite some time for this regulator.
Vietnamese Official Labels Forex Floor Trading Illegal
Mar 21 2014 10:28:22 Maria Nikolova in Market
Vietnam has taken a rough stance on the matter of Forex floor trading, that is trading on exchange floors, by labeling this type of trading as illegal and threatening hefty fines on those that fail to meet the new rules.
CFTC Takes Action against $1.15M Fraudulent Forex Scheme
Mar 21 2014 07:00:03 Maria Nikolova in Market
The United States Commodity Futures Trading Commission (CFTC) announced on Thursday that it had taken enforcement action against Dallas citizen Steven Lyn Scott over soliciting clients to pump funds into a fraudulent Forex scheme.
Ontario's Regulator Warns about Binary Options Broker RBOptions
Mar 20 2014 08:35:19 Maria Nikolova in Market
The Ontario Securities Commission (OSC) on Tuesday issued a warning against binary options broker RBOptions, stating that the company is not registered to provide investment services in the Canadian province.
The broker, operating through the www.rboptions.