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All Forex News

The FCA considers banning binary options and restricting CFD trading permanently

Dec 07 2018 10:12:02 Jonathan Smith in Market

  The UK Financial Conduct Authority (FCA) has proposed permanent ban on binary options, as well as permanent restriction on the sale, marketing and distribution of contracts for difference (CFDs) and similar products to retail investors. Read more

UK’s FCA updates its warning list with Easy FX Trade and TradeBNP

Dec 05 2018 14:24:51 Jonathan Smith in Market

  The UK’s Financial Conduct Authority (FCA) added to more unregulated brokers to its warning list: Easy FX Trade and TradeBNP. According to the regulator, neither of them is authorized to provide financial services in the UK, but they are nonetheless targeting local investors. Read more

BaFin orders FXCM clone to cease operations

Dec 04 2018 16:18:15 Jonathan Smith in Market

  The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has ordered FXC Markets to immediately cease offering investment services and advice to German investors. Read more

ASIC cancels the license of forex broker Berndale Capital

Dec 03 2018 12:43:20 Jonathan Smith in Market

  The Australian Securities and Investments Commission (ASIC) announced it has cancelled the license of Melbourne based forex and CFD broker Berndale Capital. ASIC found that the broker failed to comply with a number of requirements it has pursuant to Australian laws. Read more

UK's FCA warns of Cryptonix Team / VIP Crypto

Nov 30 2018 15:13:09 Jonathan Smith in Market

  The UK’s Financial Conduct Authority (FCA) added Cryptonix Team and VIP Crypto to its alert list on Friday. The UK financial watchdog warned investors to be especially wary of dealing with these unregulated brokerage brands, which are operated by an unauthorised firm. Read more

Financial authorities of Australia and New Zealand warn against BrighterTrade

Nov 29 2018 15:38:44 Jonathan Smith in Market

  Estonian forex brokerage BrighterTrade has recently been blacklisted by two financial watchdogs – the the Australian Securities and Investment Commission (ASIC) and New Zealand’s Financial Markets Authority (FMA). Read more

Germany’s BaFin ordered UB4Trade to cease trading operations

Nov 28 2018 10:29:16 Jonathan Smith in Market

  The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has ordered UB4Trade to cease offering cross-border proprietary trading services to German investors. Read more

UK’s FCA warns against binary options brokers Polarity Index and AG Capitals

Nov 26 2018 14:24:29 Jonathan Smith in Market

  UK’s financial markets and services provider, the Financial Conduct Authority (FCA), blacklisted Polarity Index and AG Capitals on Friday. According to the regulator, these binary options brokers, that also offer account management services, are illegally targeting local citizens. Read more

CySEC warns against unregulated forex broker ECN Capital

Nov 22 2018 14:42:00 Jonathan Smith in Market

  The Cyprus Securities and Exchange Commission (‘CySEC’) issued an announcement-warning on Wednesday with regard to ECN Capital - a forex brokerage brand that is not authorized to provide investment services and/or perform investment activities in the country. Read more

China has granted its first forex broker license

Nov 20 2018 13:32:40 Jonathan Smith in Market

  The Chinese government granted the first forex license to Hong Kong-based brokerage Guo Tai Jun, the Chinese Forex Trading Center reported on Monday. Read more

Skrill also cracks down on unregulated forex brokers

Nov 15 2018 15:54:36 Jonathan Smith in Market

  The e-payment provider Skrill is the next to crack down on unregulated forex and binary options brokers operating in the EU, online media Finance Magnets reported on Thursday. Read more

Australians have lost more than $35.8 million to investment scams in 2018 so far

Nov 13 2018 15:25:21 Jonathan Smith in Market

  Australians have lost more than $35.8 million in 2018 so far as a result of investment fraud, reveal the latest data provided by Scamwatch, the body operated by the Australian Competition and Consumer Commission (ACCC). Read more

ASIC launches civil proceedings against AGM Markets, cancels its license

Nov 09 2018 09:44:44 Jonathan Smith in Market

  The Australian Securities and Investments Commission (ASIC) announced it has cancelled the license of retail OTC derivative issuer AGM Markets, due to unethical conduct and unmanaged conflicts of interest. Read more

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