LeapRate Exclusive Interview... It isn't easy to get big companies to implement your software for mission critical uses. And in the online trading business, where bringing in new clients is certainly essential, a broker's affiliate program - and the software running that program - can make the difference between success and failure. We thought then…
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LeapRate Exclusive... LeapRate has learned from filings made in Russia that the Bank of Russia has issued a seventh license to operate a retail forex brokerage operation in the country, to Fix Trade LLC. Fix Trade is a Russian subsidiary of InstaForex, an (otherwise) unlicensed retail forex broker focusing on the CIS countries and the…
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LeapRate Exclusive... LeapRate has learned that FCA regulated retail forex broker GKFX has hired Hannah Hill as its new Head of Public Relations and Brand. Ms. Hill is a well known Forex industry figure. She worked most recently in the London office of Israel-based retail forex broker eToro as Head of Brand Marketing, helping eToro…
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Given the large response, the FCA will take more time than expected in finalizing the new rules.
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LeapRate Exclusive... LeapRate has learned that popular Forex and Binary Options affiliate programs operator RushBucks is cutting its ties with the sector. At various times, RushBucks has run affiliate programs for a number of (mainly Binary Options) brokers including TradeRush, Redwood Options, Boss Capital, as well as 10Trade.com, a CySEC licensed Binary Options broker via parent company Holiway Investments…
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LeapRate Exclusive… LeapRate has learned via regulatory filings that global investment bank Morgan Stanley (NYSE:MS) has increased its stake in CFD broker Plus500 Ltd (LON:PLUS) to 7.82%, up from 6.5% in mid February and 2.4% as at the end of last year. Plus500 shares, and those of other leading UK online brokers including IG Group…
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LeapRate Exclusive... LeapRate has learned that a court ruling made in Israel last week refused an appeal made by Binary Options peer-to-peer platform Fairtrade, in which Fairtrade tried to avoid being shut down by Israeli financial regulator ISA. The ISA has been very vocal about its aiming of shutting down the Binary Options sector in Israel,…
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LeapRate Exclusive... LeapRate has learned that CySEC regulated retail forex and CFDs broker JFD Brokers has added Demetris Tsingis to its Board of Directors as an independent non-executive director. Demetris Tsingis runs FINCAP Advisers Ltd., a boutique financial advisory firm which provides turnkey tailored services to regulated financial entities, offering licensing and post-licensing services across all renowned EU…
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LeapRate Exclusive... LeapRate has learned that FCA regulated Retail Forex brokerage ETX Capital has made another major acquisition of the client list of an active Forex brokerage, its third such acquisition over the past three years. And apparently it is looking for more. The acquired client list is of PipIndex, an MT4 broker which was effectively…
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LeapRate Exclusive... LeapRate has learned that Australia-based retail forex broker Pepperstone has suspended trading for clients in its UK subsidiary Pepperstone Limited. LeapRate had exclusively reported last September on Pepperstone's somewhat quiet entry into the FCA regulated broker market. Pepperstone acquired what is now its UK subsidiary from online entrepreneur Mohammed Tayeb, who alongside his broker Omar…
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