October 18, 2013 BY Gerald Segal

Alpari Russia chooses MarketsPulse while Alpari UK goes with SpotOption for binary options

Further demonstrates independence of Alpari units – as well as hot competition in binary platform sector. Binary options platform provider MarketsPulse has issued a press release stating that Alpari Russia has launched binary options trading based on its platform (we had reported it earlier here). That's certainly a good win for MarketsPulse -- Alpari Russia has…

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October 18, 2013 BY Gerald Segal

US Government shutdown hits Forex trading volumes in October

Many traders decided to wait out the Republican - Democrat showdown, also lots of data missing. LeapRate Exclusive.... LeapRate has learned from a number of forex industry executives, as well as those on the buy side, that trading volumes the past two weeks have been fairly muted during the US Government shutdown and the showdown…

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October 18, 2013 BY Gerald Segal

Australia's ASIC issues retail FX warning in wake of GTL TradeUp collapse

GTL TradeUp's director, Pakistani businessman Mahmood Riaz, is also allegedly linked to another $36M forex fraud case in Italy. Australia's financial regulator ASIC has been busy lately in the forex sphere. After warning investors yesterday about Aussie Rob and his supposed magic trading software, ASIC today issued a more general warning to retail traders about the…

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October 18, 2013 BY Gerald Segal

Myfxbook adds IamFX and Armada Markets to AutoTrade

Social and copy trading is quickly evolving from a nice-to-have into a need-to-have. Forex social network and copy trading platform service Myfxbook announced that it is expanding AutoTrade functionality by adding a pair of new brokers to the service, IamFX and Armada Markets. IamFX is a Panama-based forex broker with its service center in Edmonton, Canada.…

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October 17, 2013 BY Gerald Segal

LeapRate Forex Fraud Watch – Australia’s ASIC bans “Aussie Rob” and his trading software

Robert Lloyd Wilson aka 'Aussie Rob' claimed up to 120% returns from his Lifestyle Trader software; but there's more... Australian's financial regulator ASIC has issued a statement informing the public about the participation of Mr. Robert Lloyd Wilson also knows as "Aussie Rob" in a rather outrageous misleading and deceptive marketing practice soliciting customers to…

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October 17, 2013 BY Gerald Segal

FxPro joins social and copy trading wave with SuperTrader

SuperTrader requires trade leaders to undergo a strict application process including interviews and strategy testing. Leading forex broker FxPro, a member of LeapRate's Approved List of global regulated forex brokers, announce today the formal launch of its own in-house social and copy trading platform, SuperTrader. FxPro admits to being more conservative and careful than many other…

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October 17, 2013 BY Gerald Segal

Plus500 shares (LON:PLUS) soar after Q3 results update

Plus500 Q3 revenues were nearly double last year's, although down from first half 2013. Shares of publicly traded broker Plus500 (LON:PLUS) have soared by 17% this morning on the London Stock Exchange after the company released a trading update for the 9 months ended September 30. Plus500 also reaffirmed guidance for the full year. Plus500…

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October 16, 2013 BY Gerald Segal

FXCM reports a 10% drop in September volumes, to $466 billion

FXCM's lowest retail forex volume metrics of 2013 offset somewhat by continued strong institutional sector. Leading retail forex firm FXCM, a member of LeapRate's Approved List of global regulated FX brokerage firms, announced surprisingly low September volumes -- $285 billion retail and $181 billion institutional. September marks the first month this year that retail forex…

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