Forex Market News

ASIC Imposes 10-Year Ban on Forex FS

Feb 25 2014 09:02:22 Maria Nikolova in Market

The Australian Securities and Investments Commission (ASIC) today announced a set of measures, including a 10-year ban on services provision, against Forex Financial Services Pty Ltd (Forex FS). Read more

CySEC Suspends License of Infina Investments over Capital Flaws

Feb 24 2014 07:26:57 Maria Nikolova in Market

The Cyprus Securities and Exchange Commission (CySEC) has acted rough again: this time the Cypriot watchdog has temporarily withdrawn the authorization of Infina Investments (Cyprus) Limited. The company, which offers its services via the website www.infinainvestments. Read more

RoboForex Sets Roots in Australia, Registers New Company

Feb 23 2014 13:32:35 Maria Nikolova in Market

RoboForex, the Forex broker based in New Zealand, is increasing its global footprint via the establishment of a new company in Australia. The new business is named RoboForex (AU) Pty Ltd and its current physical address is Dundas Valley NSW 2117. Read more

CySEC Keeps License of Cedar Finance Suspended

Feb 21 2014 11:48:10 Maria Nikolova in Market

The fortunes of Cedar Finance, the Cyprus-based binary options broker, continued to sour on Friday, as the Cyprus Securities and Exchange Commission (CySEC) prolonged the suspension of the company's license. Read more

CFTC Repeals Registration of Veruus over Forex Fraud

Feb 21 2014 07:18:56 Maria Nikolova in Market

The United States Commodity Futures Trading Commission (CFTC) has just shown its big regulatory teeth again to fraudsters in the Forex industry. Read more

CFTC Presses Charges against Forex Fraudsters over $2.3M Scam

Feb 20 2014 07:21:18 Maria Nikolova in Market

The United States Commodity Futures Trading Commission (CFTC) on Wednesday announced that it had pressed charges against two residents of North Carolina over numerous violations of the Commodity Exchange Act (Act) and the CFTC regulations. Read more


MFSA Warns about Unregulated Forex Broker ABFX

Feb 19 2014 12:19:14 Maria Nikolova in Market

The Malta Financial Services Authority (MFSA), the regulator which is responsible for the oversight of the online trading business too, today issued a warning about unregulated Forex broker ABFX Ltd (ABFX Inc). Read more

XM Receives Australian Forex License

Feb 19 2014 09:55:23 Maria Nikolova in Market

XM, the Forex broker originally based in Cyprus, today made an exciting announcement – it has obtained an Australian license to provide investment services in the Land Down Under. Read more

IronFX Opens Offices in Ukraine and Chile

Feb 18 2014 07:43:08 Maria Nikolova in Market

When we first reported about the plans of Cyprus-based Forex broker IronFX to set up 30 new offices across the globe in 2014, the intentions of the company seemed overly ambitious. Read more

Windsor Brokers Successfully Complies with EMIR Deadlines

Feb 17 2014 12:42:41 Maria Nikolova in Market

Windsor Brokers, the Cyprus-based Forex broker, has announced that it managed to successfully meet the reporting deadlines under the European Market Infrastructure Regulations (EMIR). Read more

British Columbia’s Regulator Warns against Cedar Finance

Feb 14 2014 13:49:33 Maria Nikolova in Market

British Columbia Securities Commission (BCSC), the financial regulator for Canada's province, has issued a warning against binary options broker Cedar Finance.    The watchdog has found out that citizens of British Columbia may open accounts on www.cedarfinance. Read more

OptionBit, OptionXP Get CySEC Licenses via New Firm

Feb 13 2014 12:32:02 Maria Nikolova in Market

Two binary options brokers – OptionBit and OptionXP, have managed to get licenses as Cyprus Investment Firms (CIFs) under the helm of a new company, Novox Capital Ltd. Read more

NFA Announces New Reporting Demands for US Forex Brokers

Feb 13 2014 08:05:13 Maria Nikolova in Market

At the end of 2013 we informed you about a proposal by the National Futures Association (NFA), the United States' self-regulatory body, that alters the Financial Reporting rules for Forex Dealer Members (FDMs). Read more

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