Further to our breaking the news that South Africa retail forex broker ACM Gold has had its FSB license reinstated after spending more than two months in regulatory limbo, LeapRate has received a formal statement from the company confirming the result. The ACM Gold statement reads as follows: --------- Onwards and Upwards for ACM Gold…
Read moreLeapRate Exclusive... LeapRate has learned that ACM Gold, one of South Africa's leading retail forex brokers, has had its license reinstated by South African financial regulator, the Financial Services Board (FSB). LeapRate was first to report that ACM had its FSB license suspended to 'provisionally withdrawn' by South African financial regulator the Financial Services Board (FSB) back on August…
Read moreUnable to introduce new clients into the system, ACM Gold affiliates are looking elsewhere for business.
Read moreACM Gold's current problems with the FSB in South Africa apparently stem from its connection with Colin Davids, a popular Pastor with a taste for the high life financed by promising outsized Forex trading returns.
Read moreThings are not getting better for embattled South Africa-based retail forex broker ACM Gold. As the company is attempting to have its FSB license reinstated from 'provisionally withdrawn' status - which for the time being restricts ACM Gold to dealing with existing clients, but it cannot onboard any new clients - another of its sources…
Read moreSeparately, ACM Gold's longtime CEO Irfan Pardesi has left his executive position in the company to become co-CEO of South African discount airline Skywise Airlines.
Read moreForex Weekly Look Back – Week of November 24th, we take a look back at some selected news from the week prior, stay tuned to LeapRate... Nadex | https://www.leaprate.com/sZjOT Guest Editorial | https://www.leaprate.com/IQfrM ACM Gold | https://www.leaprate.com/98aQI SpotOption/Weatherika | https://www.leaprate.com/cCId1 CySEC | https://www.leaprate.com/rfKMp Darwinex | https://www.leaprate.com/hivIV Dukascopy | https://www.leaprate.com/AJpss IG Group | https://www.leaprate.com/Iulzm
Read moreLeapRate goes into detail with ACM Gold CEO Irfan Pardesi and Tradable CEO Jannick Malling on the entire business strategy for taking the Tradable platform into continental Africa, spearheading the platform technology revolution in an increasingly important region
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