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Forex Market News

FCA to change license requirements for STP forex brokers – media

Mar 07 2018 14:24:55 Jonathan Smith in Market

UK’s Financial Conduct Authority (FCA) is looking into forcing the straight-through processing (STP) forex brokers to upgrade their licenses to those for full market makers, reports Finance Magnates. Read more

Hong Kong’s SFC warns of IMS FX, TechoFx

Mar 06 2018 08:57:42 Jonathan Smith in Market

Hong Kong’s Securities and Futures Commission (SFC) has issued a warning against the forex brokers IMS FX and TechoFX. Both are claiming to have addresses in Hong Kong, but the former’s claim is false, while the address of the latter belongs to a secretarial company. Read more

Belize’s IFSC alerts that FX Broker Pro is not licensed

Mar 02 2018 13:17:24 Jonathan Smith in Market

  Belize’s financial services regulator, the International Financial Services Commission (IFSC) has warned that the forex broker FX Broker Pro is not licensed, nor regulated by it. Read more

UK’s FCA warns against forex broker SolidCFD

Feb 28 2018 15:03:36 Jonathan Smith in Market

  UK’s Financial Conduct Authority (FCA) has issued a warning that the forex broker SolidCFD, which is not licensed to offer its services in the country, but has been targeting local investors.   It operates via the solidcfd. Read more

Out with the old, in with the new: Could digital currencies replace fiat money?

Feb 21 2018 15:41:59 Forexbrokerz in Market

  In 1971, US President Richard Nixon suspended the convertibility of the dollar into gold and pitched a stone into the relatively calm waters of the global economy. Read more

CONSOB issues cease orders against several forex, binary options brokers

Feb 20 2018 09:24:27 Jonathan Smith in Market

 Italy’s financial markets and service providers regulator CONSOB announced it has issued cease orders against several forex and binary options brokers that are operating in violation of Italian law. Read more

Switzerland’s FINMA warns of forex broker ProfitTrade24

Feb 19 2018 08:26:09 Jonathan Smith in Market

 Switzerland’s financial markets and services regulator FINMA has issued a warning against the forex broker ProfitTrade24. Read more

UK’s FCA warns of unregulated forex broker XMarkets

Feb 16 2018 08:19:16 Jonathan Smith in Market

UK’s Financial Conduct Authority (FCA) has issued a warning that the forex broker XMarkets is not licensed to offer its services in the UK.   “This firm is not authorised by us and is targeting people in the UK. Read more

UK’s FCA warns of forex broker Prime CFDs

Feb 13 2018 07:55:43 Jonathan Smith in Market

 UK’s financial markets and services provider regulator FCA, has issued a warning against the forex broker Prime CFDs.   According to the notice, the broker is providing services in the UK on its site - www.primecfds.com, without the proper authorization. Read more

FCA: Brits lose GBP 87 000 to binary options scams per day

Feb 02 2018 09:16:33 Jonathan Smith in Market

 Brits lose an average of GBP 87 000 a day to binary options scams, said UK’s financial services watchdog the Financial Conduct Authority (FCA) in its latest advisory. In the publication the FCA urges the public to be vigilant to the threat of online investment fraud. Read more

Facebook bans cryptocurrency, ICO, binary options ads

Jan 31 2018 08:04:08 Jonathan Smith in Market

Facebook is banning the ads of cryptocurrencies, including bitcoin, initial coin offerings (ICOs) and binary options across its network and partnering sites, said the company in a blog post. Read more

Coincheck execs don’t admit security flaws

Jan 29 2018 08:37:40 Jonathan Smith in Market

 The executives of the Japanese cryptocurrency exchange Coincheck, which became the latest victim of a security breach and theft of cryptocurrencies worth $530 million, refused to admit security flaws, reports CCN. Read more

OneCoin now owned by “poor boy” from Sofia – media

Jan 24 2018 14:01:54 Jonathan Smith in Market

The companies behind the OneCoin MLM ponzi scheme have been transferred to Kristian Manolov from one of the less affluent suburbs of Bulgaria’s capital Sofia, reports the local daily 24 Chasa. Read more

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