June 19, 2014 BY Mike Fox

CySEC Warning: Revokes CIF license from binary broker Cedar Finance

CySEC (Cyprus Securities and Exchange Commission) has dealt a blow to Cedar Finance, a binary option service provider. The official press release is below (translated from Greek to English as best as we can.) In previous announcements dated December 19, 2013 and February 21, 2014, the Commission announces that a meeting of dated June 16,…

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June 19, 2014 BY Mike Fox

Core Liquidity Markets adds MetaTrader 4 mobile to brokerage

Up-and-coming Australian (ASIC regulated ACN 164 994 049) based FX broker Core Liquidity Markets, has announced the release of the MetaTrader 4 mobile trading application. The application is available for both iPhone and Android and there is an iPad version available as well. The mobile version of MetaTrader 4 offers many of the same great features as…

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June 18, 2014 BY Mike Fox

China to start yuan vs. sterling trading in FX market from Thursday

China's central bank said on Wednesday that the Chinese currency will be traded directly against the British pound in the interbank foreign exchange market, in the latest step to facilitate investment and bilateral trade between China and Britain. This update comes as finally China Construction Bank was named the clearing bank in London for the…

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June 17, 2014 BY Mike Fox

Fraud Watch: CySEC warns on 5markets.com

Here is a warning to the public to stay away from 5markets.com. CySEC has issued a warning which may indicate they have falsely claimed some sort of regulation, which they do not have and/or are operating without any license. You can read the official press release below. The Cyprus Securities and Exchange Commission (‘the Commission’)…

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