Forex and CFD provider AvaTrade just announced that has added to its portfolio the newest cryptocurrency, Bitcoin Cash. This brings the number of cryptocurrencies AvaTrade offers to 7, adding it to Bitcoin, Ethereum, Ethereum classic, Dash, Ripple and Litecoin. The new trading instrument, Bitcoin Cash, will be traded under the symbol BCHUSD. Since its formation…
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Forex and CFD provider AvaTrade just announced the addition of 3 rising digital currencies - Ethereum, Dash and Ripple, to its trading portfolio. These currencies show a drastic augmentation of 1,000-4,000% in the past year. Combining them alongside Bitcoin, which doubled in the last 6 months, the cryptocurrencies' market share has grown significantly recently. The latest…
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Israeli financial regulator ISA (Israel Securities Authority) has fined the ATrade subsidiary (atrade.co.il) of global retail forex broker AvaTrade NIS 150,000 (USD 42,000), due to a misleading video the company was circulating as part of a recent promotional campaign. ATrade is one of six retail FX brokers which have received the relatively new ISA license,…
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Breaking Forex News... Ireland has become the latest country to crack down on leveraged Forex and CFD trading. The Central Bank of Ireland (CBI), which also acts as the country's financial regulator, has announced that is has published a consultation paper on distribution of CFDs, which include in its definition leveraged Forex pairs trading. The…
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Hard to believe, but 2016 is just a couple of days from officially becoming history. And history was indeed made in the Forex sector during 2016. When looking at the top Forex Industry stories and themes of 2016, like in 2015, one storyline clearly stood above the rest in reshaping the sector for the months and…
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LeapRate Exclusive... LeapRate has learned that the Israeli financial regulator the Israel Securities Authority (ISA) has issued a Dealers' license to a sixth retail forex broker, Colmex. Colmex Israel, or formally TGL Colmex Capital Markets Ltd., operates website colmex.co.il, and is a sister company of CySEC regulated Colmex Pro Ltd, which operates colmex.com and colmexpro.com. All the…
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Continuing its acquisition spree outside of the Forex sector after having failed to acquire Plus500 and AvaTrade, gaming technology provider Playtech PLC (LON:PTEC) has announced that it has acquired bingo software and hardware solutions provider ECM Systems. ECM supplies software and support services to the UK retail bingo market, including major operators Gala Leisure, Mecca…
Read moreIsraeli financial regulator the Israel Securities Authority (ISA) has issued a Dealers' license to five Retail Forex brokers, allowing them to formally begin taking on Israel-based traders. The licenses take effect as of October 31, 2016. New Israeli regulations took effect effect in July covering different aspects of online trading. The ISA has been taking aggressive…
Read moreLeapRate has learned that PsyQuation has launched live as of today with a number of retail forex brokers including Pepperstone, IC Markets, Global Prime and AvaTrade. PsyQuation has developed a new way to improve trader performance - and to prevent traders from ‘blowing up’ their accounts - using techniques and technology from the school of Behavioral Profiling. We…
Read moreCanadian provincial securities regulator British Columbia Securities Commission (BCSC) has issued a warning regarding retail forex broker AvaTrade, adding AvaTrade to its Investment Caution List. The BCSC states that Ava Trade Ltd. claims to be a regulated on-line broker, based in the British Virgin Islands. The BCSC became aware of a recent advertisement placed by Ava Trade…
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