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Forex Market News

Poland’s KNF warns of binary options broker NobleOption

Nov 27 2017 14:17:07 Jonathan Smith in Market

 The Polish Financial Supervision Authority (KNF) has issued a warning against the binary options broker NobleOption. According to the publication, the company owner of the brand – Spot Capital Markets Ltd. Read more

UK’s FCA warns NBLFX forex broker is a clone

Nov 23 2017 14:18:27 Jonathan Smith in Market

UK’s financial markets and services regulator, the Financial Conduct Authority (FCA), has warned that the forex broker NBLFX and more precisely – its owner Niru Bala/Numex Foreign Exchange Corporation (UK) Ltd – is a clone of an FCA-regulated company. Read more

Finnish regulator warns of risks of ICOs, cryptocurrencies

Nov 22 2017 14:22:05 Jonathan Smith in Market

The Finnish financial markets and services regulator, the Financial Supervisory Authority (FSA), has joined the host of national regulators warning of the risks of investing in initial coin offerings (ICOs) and cryptocurrencies. Read more

$31 mln worth of Tether cryptocoins get stolen, developers freeze assets

Nov 21 2017 14:38:28 Jonathan Smith in Market

$31 million worth of Tether coins got stolen this Monday, following a “malicious attack”, the fintech behind the alt-coins said. Read more

Hong Kong’s SFC warns of forex brokers FXBTG, Vortex Assets, LeagueTrade

Nov 21 2017 13:51:45 Jonathan Smith in Market

Hong Kong’s Securities and Futures Commission (SFC) has updated its warning list with unlicensed and dubious forex brokers. The latest additions include FXBTG, Vortex Assets and LeagueTrade. Read more

Spain’s CNMV warns of IronFX, LiteForex sites with Catalonia extensions

Nov 20 2017 14:10:41 Jonathan Smith in Market

Spain’s financial markets and services regulator CNMV issued a warning against two sites with a .cat (Catalonia) extension: forex.cat and forextrading.cat. Read more

UK’s FCA warns of cryptocurrency CFDs risks

Nov 15 2017 09:20:11 Jonathan Smith in Market

UK’s financial markers and services providers regulator, the Financial Conduct Authority (FCA), has warned consumers of the risks of trading in cryptocurrency CFDs and noted they are “extremely high-risk, speculative products”. Read more

UK’s FCA to regulate binary options brokers from 2018

Nov 15 2017 08:06:00 Jonathan Smith in Market

 UK’s Financial Conduct Authority (FCA), which is in charge of the financial markets and financial services providers in the country, including forex and CFD brokers, announced that from January 3, 2018 it is taking over the regulation of the binary options brokers, as well. Read more

Germany’s BaFin warns of risks of ICOs

Nov 10 2017 14:22:01 Jonathan Smith in Market

Germany’s financial markets and services regulator BaFin became the latest national regulator to warn of the risks of the initial coin offerings (ICOs). Read more

India upholds hostile stance on Bitcoin

Nov 08 2017 15:16:57 Jonathan Smith in Market

S. Ganesh Kumar, a director of the Reserve Bank of India (RBI), the country’s c-bank and main financial regulator, said that the country would not recognize the Bitcoin or any other cryptocurrency as a legal tender. Read more

CONSOB warns of FxIBA, TradersPrime forex brokers, OptionInt binaries broker

Nov 08 2017 13:45:29 Jonathan Smith in Market

Italy’s financial markets and services provider regulator CONSOB has updated its list of forex and binary options brokers who are not licensed to operate in Italy with two new additions. The first one is the forex brokerage FxIBA, owned by IBA Group Ltd. Read more

Forex affiliate portal Investoo buys Bitcoinmag.de crypto site

Nov 07 2017 14:06:52 Jonathan Smith in Market

Investoo Group, a London-based forex affiliate marketing business, has acquired Bitcoinmag.de – leading German cryptocurrency portal, thus expanding its reach into the DACH (Germany, Austria and Swizerland) market, said the company.   The sum of the deal was not disclosed. Read more

Japan mulls cutting OTC forex leverage to 1:10 – media

Nov 06 2017 15:09:31 Jonathan Smith in Market

The Japanese Financial Services Agency, which among other things regulates the activities of the Japanese OTC forex brokerages, is mulling to cut the max leverage offered to retail clients to 1:10, reports the site Finance Magnates, quoting own sources. Read more

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