Forex Market News
FBI: Losses from binary options fraud run into the millions
Mar 14 2017 13:02:11 Jonathan Smith in Market
It seems that the regulators and law enforcement agencies across the world are finally becoming aware of the risks of trading in binary options.
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Singapore's regulator warns of dangers of unregulated binary options brokers
Mar 14 2017 11:56:36 Jonathan Smith in Market
Singapore's financial services regulator, the Monetary Authority of Singapore (MAS) has published an advisory warning the investors of the dangers of trading with unregulated binary options brokers and platforms.
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Ireland proposes restrictive measures for forex and CFD trading
Mar 06 2017 10:44:05 Jonathan Smith in Market
After the Financial Conduct Authority capped leverage to 1;50 and banned trading bonuses in the UK, it is hardly a surprise that the Irish financial watchdog follows suit.
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FCA survey: Over 55s have lost £32 000 on average to investment scam
Mar 02 2017 14:46:49 Jonathan Smith in Market
UK's senior citizens, or the people above 55 years of age, to be more precise, have lost an average of £32,000 in 2016 to various financial investment scams, shows a survey of UK's Financial Conduct Authority, published as part of its Scam Smart campaign.
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What are the risks of trading with offshore forex brokers?
Feb 28 2017 13:05:12 Forexbrokerz.com in Market
Offshore destinations are famous for its light touch regulation, if any. They are attractive locations to forex and binary options brokers, as it is relatively easy and cost-effective for startups to register and run a brokerage business.
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Investors in the UK most interested in binary options
Feb 27 2017 10:15:01 Jonathan Smith in Market
It looks like the largest part of UK investors seek information and advice on binary options. Enquiries on binary options make up 17% of all enquiries on investment products at FCA Consumer Contact Centre, while those on forex account for 13%.
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Israel drafts a law prohibiting the marketing of binary options abroad
Feb 23 2017 12:52:44 Jonathan Smith in Market
The Israel Securities Authority has drafted a law that would ban locally-licensed brokers from marketing and advertising binary options outside of the country, online media Finance Magnates reported on Thursday.
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Dutch financial regulator seeks to cap leverage to 1:10 and ban advertising of FX, CFDs and binary options
Feb 21 2017 12:58:27 Jonathan Smith in Market
The next EU member state about to introduce stricter regulation of binary options, FX and CFDs is the Netherlands.
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Turkey's regulator caps leverage to 1:10, sets minimum deposit of TRY 50 000
Feb 10 2017 11:26:00 Jonathan Smith in Market
Turkey's financial markets regulator, the Capital Markets Board (SPK), has introduced a new set of restrictions on the forex market, lowering further the maximum leverage and setting a minimum security deposit requirement to open a forex trading account.
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Forecast of Trump’s Impact on the Forex Markets
Feb 06 2017 17:53:45 Forexbrokerz.com in Market
Donald Trump’s victory in the 2016 U.S presidential elections came as a great shock to many people. The world was simply not prepared for it. Well, the reality is that Donald Trump is the 45th president of the U.S. If he is true to his words, not only the residents of the U.
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European regulators grill ISA over binary options fraud
Feb 06 2017 13:49:55 Jonathan Smith in Market
Representatives of some of the European financial markets regulators have asked their Israeli counterpart to explain what measures it is taking to tackle the largely fraudulent binary options industry that is operating mainly out of Israel.
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IG’s Nadex ends 2016 with record-high trading volumes
Jan 12 2017 08:41:45 Jonathan Smith in Market
The North America Derivatives Exchange (Nadex), one of only two US-regulated binary options exchanges, announced this week that its trading volumes in December have set a new all-time record.
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US forex traders to have greater transparency with respect to execution data
Jan 06 2017 08:34:24 Jonathan Smith in Market
The National Futures Association (NFA), the self-regulatory organization overseeing the activities of the US forex brokers, said its new rules on disclosure of transaction data have been approved by the Commodity Futures Trading Commission (CFTC) and will come into effect as of March 31, 2017...
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