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Forex Market News

Let’s get Technical: A Closer Look at the top 5 Technical Analysis Tools

Jan 03 2018 15:39:12 Forexbrokerz.com in Market

It’s no secret that a trader’s success relies on the effectiveness of his trading strategy. In order to compose a solid trading strategy, it’s imperative that a trader uses widespread information from both technical and fundamental analysis. Read more

Egypt’s Grand Mufti: Bitcoin is forbidden in Sharia law

Jan 03 2018 14:57:02 Jonathan Smith in Market

 Egypt’s Grand Mufti Sheik Shawki Allam has issued a fatwa against trading in cryptocurrencies. Read more

Huobi targets Japan, South Korea

Jan 02 2018 14:35:31 Jonathan Smith in Market

 Huobi, which was one of China’s largest cryptocurrency exchanges before the authorities shut down the platforms, is moving its business to Japan and South Korea, which are among the largest global cryptocurrency markets, reports CCN. Read more

Forex

UK’s FCA warns GalaFX, CryptoBrain are clones

Jan 02 2018 13:51:50 Jonathan Smith in Market

 UK’s Financial Conduct Authority (FCA) has issued a warning against two clones of FCA-registered companies: GalaFX and CryptoBrain. The first one is GalaFX – a forex broker, apparently targeting Turkish traders. Read more

Spain’s CNMV warns of Trade12 forex broker, Binomo binary options broker

Dec 29 2017 15:12:17 Jonathan Smith in Market

 Spain’s financial markets and services regulator CNMV has issued warnings against two unregulated offshore entities: the forex broker Trade12 and the Binomo binary options broker. According to CNMV, neither of them is authorized to provide investment services or advice in Spain. Read more

South Korea to ban anonymous cryptocurrency trading, allow regulators to close exchanges

Dec 28 2017 15:24:49 Jonathan Smith in Market

 The South Korean government has taken new measures to curb the speculative trading on cryptocurrency exchanges, reports Reuters. They will include a ban on opening of anonymous cryptocurrency trading accounts and new laws that will allow regulators to close cryptocurrency exchanges, if needed. Read more

FINMA warns of World Trade Capital, Swiss Assets FX forex brokers

Dec 22 2017 15:33:47 Jonathan Smith in Market

 The Switzerland financial markets and service providers regulator FINMA has added two more forex brokers to its warning list of unlicensed entities: World Trade Capital and Swiss Assets FX. Read more

Belize’s IFSC revokes license of FMfx

Dec 21 2017 15:29:36 Jonathan Smith in Market

 Belize’s International Financial Services Commission (IFSC) announced it is revoking the license for trading in financial and commodity-based derivatives instruments and other securities of FM Marketing Ltd. That operates the forex broker FMfx. Read more

France’s AMF warns of IMarketsLive forex signals provider

Dec 21 2017 15:09:07 Jonathan Smith in Market

 France’s financial markets and services providers AMF has warned against IMarketsLive. Read more

Korean crypto exchange Youbit hacked again, files for bankruptcy

Dec 20 2017 14:55:48 Jonathan Smith in Market

 Youbit, a relatively small South Korean cryptocurrency exchange, announced it was hacked and has lost 17% of its coins, stored in the online hot wallet. This has made the owner company Yaffian Co. to halt operations on the exchange and file for bankruptcy. Read more

ASIC warns of FxPM, FTO Capital, PrimeCFDs, FM-FX, BNP Forex forex brokers

Dec 20 2017 14:09:25 Jonathan Smith in Market

 The Australian Securities and Investment Commission (ASIC) has updated its list of “businesses to be wary of” with five offshore unregulated forex brokers. According to ASIC, those companies may be a scam. Read more

The 101 of Forex Dealing

Dec 19 2017 18:44:17 Forexbrokerz.com in Market

The foreign exchange (forex) market is the largest, most liquid market on the planet, with a daily turnover that was estimated to total $5.2 trillion in 2016. Read more

FXCM, IG Group support ESMA's restrictions on leverage, binary options, but also voice concern

Dec 19 2017 15:46:33 Jonathan Smith in Market

Some of the largest regulated forex brokerages in the world – FXCM, IG Group, Gain Capital, CMC Markets, Plus500 - have expressed their general support for the intentions of the European Securities and Markets Authority (ESMA)  to impose new restrictions on the industry in order to better... Read more

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