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.
FXCM gets $7 mln fine from CFTC, sells US business to Gain Capital
Feb 07 2017 08:31:03 Jonathan Smith in Brokers
In a surprising twist of regulatory fate, FXCM – the largest US retail forex broker – got banned from doing business there and was fined $7 million by the CFTC, all in the fateful afternoon of February 6, 2017. The reason: misleading customers and regulators.
GMO Click Securities to launch virtual reality forex trading app
Jan 27 2017 08:49:21 Jonathan Smith in Brokers
GMO Click Securities, Japan's largest forex broker, announced the launch of its virtual reality forex trading app for smpartphones GMO-FXVR Trade.
BDSwiss binary options broker pays €150 000 in settlement
Jan 23 2017 14:22:35 Jonathan Smith in Brokers
The Cyprus Securities and Exchange Commission (CySEC) said it has reached a €150 000 settlement with the forex and binary options broker BDSwiss. The sum has already been paid to the coffers of Cyprus.
XM is only forex broker in World Finance 100 2016 list
Jan 18 2017 12:47:05 Jonathan Smith in Brokers
XM, a European forex broker regulated by UK's FCA and the Cyprus Securities and Exchange Commission (CySEC), said it has been included in the World Finance 100 list for 2016.