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Tag: clients

CMC Markets reports rise in client numbers, expects even more

Mar 30 2017 09:01:19 Jonathan Smith in Brokers

CMC Markets, a leading forex, spread betting and CFD broker, has released a trading update, reporting a rise in client numbers and an expected lower operating income for FY 2017. Read more

Gain Capital gains 47 000 ex-FXCM US clients with $142 mln. in assets

Feb 28 2017 13:03:25 Jonathan Smith in Brokers

Major US forex broker Gain Capital, announced it has successfully migrated the accounts of 47 000 retail US clients of FXCM to its retail brokerage brand. They have approximately $142 million in assets. Read more

Gain Capital to pay up to $500 for each FXCM client, conditions apply

Feb 10 2017 08:49:12 Jonathan Smith in Brokers

Following the regulatory penalties and dramatic exit of the largest US forex broker FXCM from the country and the subsequent announcement that Gain Capital is buying off FXCM's retail forex clients, new details are emerging about the deal. Read more

It's finalized: Gain Capital gets FXCM's US retail forex clients

Feb 08 2017 08:46:16 Jonathan Smith in Brokers

Just a day after FXCM – the largest retail forex broker in the US – lost its NFA and CFTC licenses and got fined $7 million for misleading clients and misinforming the regulators, its main competitor Gain Capital confirmed it is acquiring FXCM's US retail clients. Read more

Plus500 boasts record revenue, new customers in 2016

Feb 07 2017 10:09:08 Jonathan Smith in Brokers

Plus500, one of the leading European forex and CFD brokers, reported record revenue and numbers of new customers in 2016.    According to the preliminary unaudited report for the year, the broker had a net profit of $117.2  million, up 21% from 2015 and revenues of $327. Read more

ForexCent Winds Down, LiteForex Takes Over

Mar 31 2014 05:16:05 in Brokers

Last week we got one more piece of evidence on how dynamic and rough the Forex realm can be, with FX broker ForexCent announcing the shutdown of its operations and the transfer of all accounts, deposits and clientele to its partner LiteForex. Read more

Strong December Fuels Earnings of IG Group

Mar 18 2014 06:37:34 in Brokers

IG Group, the UK-based financial services provider behind brands like Forex broker IG Markets, today reported results for the three months to the end of February 2014. Read more

MIG Bank Launches Hong Kong Subsidiary: MIG Capital Asia Limited

Jun 04 2013 10:54:21 in Brokers

From the historic town of Lausanne, currently among Switzerland's most quickly developing business hubs, comes news today that global forex and commodities provider MIG Bank has now solidified its expansion to the East with the launch of its Hong Kong-based subsidiary – MIG Capital Asia Limi... Read more

FXOpen on UK Land: FSA License

Mar 27 2013 14:45:20 in Brokers

New Zealand-based forex brokerage, FXOpen, announced earlier today that it's now fully licensed by the Financial Services Authorities (FSA) in the UK and has the right to operate in the country.   For those of you who do not remember, last year FXOpen reached a settlement with the U.S. Read more

Extended Courtesy: IG Markets Launches a Chrome Extension

Mar 12 2013 16:11:04 in Brokers

Just a few days ago, we reported of the European broker Trading212 releasing an extension for Chrome, Mozilla Firefox and Opera, which allows clients to trade instantly through their browser.  U.S. Read more

MarketSpreads Launches Rebranding Campaign: Meet Shelbourne Markets

Mar 01 2013 13:35:07 in Brokers

Dublin-based broker, MarketSpreads, has just announced that it'll be changing its name of three years to one that better suits the company's future plans for growth – Shelbourne Markets. Read more

Swiss Franc Slides As UBS Urges Clients To Keep Franc Balance Low

Dec 11 2012 08:31:03 in Market

The Swiss franc edged lower against its major opponents Tuesday after reports showed that UBS, the largest bank in Switzerland, urged its clients to keep franc balances as low as possible. Read more

Swiss Govt take Steps to Force Foreign Clients to Make Their Tax Declaration, to Clean up Its Tax-Haven Image

Feb 22 2012 15:31:13 in Market

News Switzerland on Wednesday announced its plans to force banks to make sure foreign clients' money is taxed The announcement comes on top of measures already announced in recent years to clean up its tax-haven image The Swiss govt is already co-operating with foreign authorities pursuing all... Read more

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