The National, a UAE English news source reported today of an FX trading investment scam proposing returns up to 120%. It is believed that more than 6,000 investors deposited about US$300 million (Dh1.1 billion) to the perpetrators. Specifically, investors say they have lost millions of dirhams in a Dubai Forex scam and have now turned…
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It was just announced today that Swiss bank BCGE (Banque Cantonale de Genève) has partnered with fellow Swiss firm OLFA Trade to provide a new online Forex transaction platform which enables spot, forward and swap trades. The platform provides access to currency and precious metals markets, offering clients the best price, free of charge via BCGE…
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New York and Chicago headquartered U.S. brokerage house Lightspeed Trading has just announced its added new research capabilities through a partnership with TipRanks. Lightspeed Trading’s customers will now be able to access the complement of research tools that TipRanks provides all from within the Lightspeed Trader trading platform as well as the secure client reporting…
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National Futures Association (NFA) has ordered The Cambridge Strategy Asset Management Limited (Cambridge), an NFA Member commodity pool operator (CPO) and commodity trading advisor (CTA) located in London, England, to pay a $60,000 fine. The Decision, issued by NFA's Business Conduct Committee (BCC), is based on a Complaint authorized by the BCC on August 23,…
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Admiral Markets, a global online provider of Forex and CFD trading services, today introduced a new advanced feature – Volatility Protection Settings. Volatility, or speed of changes in price, is an important factor in deciding the trading results. In times of high volatility, these changes in price occur so fast, that the outcomes of trading…
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In the wake of signing up FX broker partners Pepperstone, IC Markets, Global Prime and AvaTrade in June upon their launch and ASIC regulated USGFX in August, Australian headquartered PsyQuation, a unique provider of quantitative and behavioural analytic software solutions for the broker and trader community has announced their latest broker signup and it is a…
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BTCC (originally founded in 2011 as BTCChina) the company behind the longest-running bitcoin exchange worldwide, it is worth noting this week launched a new BTC/USD exchange that the company says was designed in close collaboration with leading bitcoin traders. The new exchange features industry-leading rates and a multi-tier referral program to maximize passive income. The…
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With the U.S. Presidential Election only 5 days away now, many brokers have been reporting reduction in leverage and increase in margin requirements to guard against any dry up of liquidity or sudden price shocks should markets get a little crazy. CySEC/IFSC regulated RoboForex has taken a different approach. Today the FX broker only 'warned'…
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It was just announced that Swiss based FINMA regulated FX broker Dukascopy due to the risks of high volatility, low liquidity and significant price gaps on the presidential election day in the USA, will be taking the following measures: On Sunday 6 November, 22:00 GMT before the market opening, the leverage on USD/MXN will be lowered…
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