Forex

Forex Market News

Forex Scam: FCA UK warns of FXGL Capital Group

Jan 09 2015 15:40:25 Stanimir Zhelev in Market

The UK Financial Conduct Authority (FCA) advises traders to stay away from FXGL Capital Group Ltd (fxglcapital.com) because the broker is not regulated by them but is offering services to UK citizens. Read more

CFH Group acquires 50% of forex trading school Tradimo

Dec 10 2014 00:03:34 Stanimir Zhelev in Market

CFH Group has acquired a 50% stake in Tradimo Interactive, which owns the hugely successful online trading school, tradimo.com and the newly launched educational gaming company, Tradimo Play. Read more

FXTM launches FT Global - a Belize regulated forex broker

Dec 04 2014 18:21:56 Stanimir Zhelev in Market

FT Global Ltd, is regulated by the International Financial Services Commission (IFSC) of Belize and aims to provide non-EU traders with  faster and easier access to FXTM's forex trading services. Read more

CFXEXPO: The first B2B forex expo in China

Dec 04 2014 18:08:43 Stanimir Zhelev in Market

CFXEXPO, the first domestic B2B exposition on forex investment in China will be held in Shanghai Hongqiao Guesthouse on April 24 to 25, 2015. This is not only an unprecedented professional forex investment exposition, it is also the most professional high-end forex industry forum. Read more

CFTC prohibits US forex brokers from accepting credit card deposits

Dec 02 2014 17:07:24 Stanimir Zhelev in Market

As of January 31, 2015, US forex brokers will no longer be able to accept credit card payments. Online money transfer systems like Paypal will be also prohibited as account funding method. Read more

CySec suspends the license of binary options broker EZTrader

Nov 21 2014 11:00:04 Stanimir Zhelev in Market

The Cyprus Securities and Exchange Commission (CySec) has suspended the license of EZTrader, one of the few regulated binary option brokers. Read more

Forex

CySEC and FSC Mauritius alert against LiveFX - dionlivefx.com

Oct 27 2014 16:43:15 Stanimir Zhelev in Market

Technically speaking LiveFX doesn't claim to be regulated neither by CySEC nor by FSC Mauritius. However the license published on company's website includes the FSC logo and an address in Republic of Cyrus (not Cyprus). Read more

Malta increases the minimum capital requirement for forex license

Oct 22 2014 23:53:25 Stanimir Zhelev in Market

MFSA regulated STP brokers holding Category 2 licence will be subject to a higher minimum initial capital requirement of €730,000, similar to the initial capital requirement for market-makers acting as counterparty to clients. Read more

FXPA: A new association addresing forex market regulation

Sep 26 2014 12:17:06 Stanimir Zhelev in Market

FXPA’s aim is to provide strong advocacy for the FX industry, engaging key financial regulators and policymakers.   Today marks the launch of the Foreign Exchange Professionals Association (FXPA), a new trade body uniquely comprised of a cross-section of FX industry participants. Read more

Forex Scam: France’s financial regulator AMF warns about 166 unregulated brokers

Sep 24 2014 15:23:19 Stanimir Zhelev in Market

French financial regulator AMF has warned the investors against 166 unregulated forex and binary option brokers, operating in the country without proper authorization. Read more

Myfxbook advertises forex contest sponsored by the controversial ForexBrokerInc

Sep 15 2014 11:35:41 Yassen Vassilev in Market

Myfxbook, the reputable social trading platform, is running a contest with a controversial and unregulated forex broker, ForexBrokerInc, against which the Malta Financial Service Authority has warned the public. Read more

Forex Scam: ASIC cautions against First Forex, FiFx, and FiFx Global

Sep 15 2014 08:00:02 Yassen Vassilev in Market

The Australian regulator informs the public that First Forex, FiFx and FiFx Global (fifx.com) falsely claim that their services are under the regulation of ASIC (Regulation No. 290600). Read more

Forex Scam: FCA warns against LEM Spreads

Sep 12 2014 11:48:07 Yassen Vassilev in Market

The UK regulator has found another company that is better to be avoided. The company called LEM Spreads offers its highly suspicious service at lem-spreads.net and lemspreads.com. Read more

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Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
UK, Australia FCA, ASIC MT4, Web,
Mirror Trader,
Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, Web,
PrimeTrader
$100 Review Website
Cyprus, Australia CySec, ASIC MT4, Web $100 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus FCA, CySec MT4, MT5 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5,
cTrader,
SuperTrader,
FxPro Markets
$100 Review Website
Cyprus CySEC MT4, MT5,
cTrader
$300 Review Website
Belize IFSC MT4, MT5 $100 Review Website
UK, Cyprus, Bulgaria FCA, CySec, FSC Web $150 Review Website
Seychelles FinaCom MT4 $10 Review Website
Belize IFSC MT4, Web $500 Review Website
Cyprus CySEC MT4, Web $25 Review Website
Belize IFSC MT4, MT5, Web $1 Review Website
Cyprus CySec MT4, Web, Gwasy $100 Review Website