Tag: asic broker

May 20, 2016 BY Mike Fox

DMM FX ceases brokerage operation in Australia

DMM FX Australia Pty Ltd (DMM FX) today informed clients that the company has made a business decision to cease its current operations in Australia. DMM FX is part of The DMM Group, a global provider of online trading services, known as one of largest FX providers based and regulated out of Japan. Clients are requested to close all…

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May 02, 2016 BY Mike Fox

Vantage FX introduces 8.88% interest on accounts

In what is akin to essentially a small rebate back on your commision each month, all active Forex traders who meet the minimum monthly Forex trading volume, will receive an additional 8.88% interest payment (calculated per annum, paid out monthly), credited to their Vantage FX trading account. ASIC regulated forex broker Vantage FX today announced the launch of its 8.88% interest earning accounts,…

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November 03, 2015 BY Mike Fox

ASIC Forex broker Online Capital Markets hit with $30,000 fine for deceptive marketing

O.C.M. Online Capital Markets Pty Ltd (OCM) an Australian financial services licensee which provides an online margin foreign exchange trading platform and products we learned just now has paid $30,600 in penalties after ASIC issued three infringement notices for false or misleading online advertising. Each infringement notice imposed a penalty of $10,200. The advertisements and e-mails…

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November 02, 2015 BY Mike Fox

CQG launches new multi-asset trading platform

CQG today unveiled a multi-asset trading platform, CQG One, that allows traders to easily manage their portfolios; view real-market prices on forex, futures, and exchange-listed equities; and trade them seamlessly through one interface on any computer or mobile device. CQG One provides a single point of custom pre-trade risk management, tailored by asset class across…

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