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Tag: UK

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

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

UK branch of Forex.com expands portfolio, launches new platform

Nov 07 2017 14:43:08 Jonathan Smith in Brokers

The FCA-regulated service of the forex brokerage Forex.com has expanded its instrument portfolio. Now the UK clients of the Gain Capital-owned broker can trade in additional forex, index and commodity CFDs and in CFDs on US and UK equities.   With the new additions Forex. Read more

UK’s FCA warns RTC Finance is a clone

Oct 17 2017 14:19:30 Jonathan Smith in Market

UK’s Financial Conduct Authority (FCA) has issued a warning that the forex and CFD brokerage RTC Finance is a clone of the EEA-authorized binary options and CFD brokerage Spot Capital Markets.   According to the UK regulator, RTC Finance, a.k.a Icon markets, a.k. Read more

UK’s FCA warns forex broker Atom8 Markets is a clone

Sep 28 2017 07:25:02 Jonathan Smith in Market

UK’s Financial Conduct Authority (FCA) has warned that the forex broker Atom8 Markets is a clone of the authorized forex broker Atom8 Financial Services LLP. Read more

Forex.com launches money transfer service for UK clients

Aug 30 2017 09:12:33 Jonathan Smith in Brokers

 Forex.com, one of the global retail forex brands of US giant Gain Capital, launched a money transferring service for the clients of the UK branch of the brokerage. The service is offered by GAIN Capital Payments Limited and is separate from Forex.com trading accounts. Read more

FCA alerts investors of FXCM clone

Aug 29 2017 09:02:06 Jonathan Smith in Market

UK's Financial Conduct Authority (FCA) has published an alert on a clone of one of the best-known forex brokers – FXCM. Read more

FCA warns Interactive Brokers UK over alleged insider dealing

Aug 15 2017 09:50:08 Jonathan Smith in Market

 UK's Financial Conduct Authority (FCA) has warned the UK branch of US brokerage Interactive Brokers (IBUK) to take action in respect of alleged failure to report market abuse in the form of insider dealing. Read more

UK's FCA warns of HBC Broker

Jul 26 2017 13:43:33 Jonathan Smith in Market

 UK's Financial Conduct Authority (FCA) has issued a warning against the offshore forex and CFD broker HBC Broker.   The regulator says it believes that the broker, owned by MPG Partners, with an address in Scotland, is providing financial services and products without authorization. Read more

Saxo Bank reduces spreads for UK clients, updates SaxoTraderGo

Jul 24 2017 12:46:11 Jonathan Smith in Brokers

Saxo Capital Markets UK Limited, the UK branch of Danish financial services provider and multiasset broker Saxo Bank, said it has reduced the minimum spread on the CFD of the UK100 index for its UK clients. The spreads now start at 0.8 basis points. Read more

IG boasts record net revenue for FY 2017, new clients

Jul 18 2017 07:40:42 Jonathan Smith in Brokers

 IG Group, a leading global forex and CFD broker, has reported a record net revenue of £491.1 million for the financial year that ended on March 31, 2017. According to the company itself, this was “a good performance in relatively quiet financial markets”. Read more

UK's FCA warns of GSI Markets

Jul 17 2017 12:59:20 Jonathan Smith in Market

 UK's Financial Conduct Authority (FCA) has issued a warning against the forex broker GSI Markets. According to the regulator, the broker has an address in London and provides financial services that require a license, but it does not have one. Read more

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