LeapRate Exclusive... LeapRate has learned that CySEC regulated retail forex broker Vipro Markets has hired Philippos Psyllos as its new CTO. Philippos Psyllos joins Vipro from JFD Brokers, also based in Cyprus and licensed by CySEC, where he was co-head of technology for the past two years. Mr. Psyllos was previously head of IT support at…
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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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CySEC regulated forex broker FXCC has announced that it has introduced an extra payment option through its association with China UnionPay. In creating this new relationship, FXCC (formally FX Central Clearing Ltd) has opened up a gateway, allowing new and experienced FX traders from Asian countries such as China, to trade directly through FXCC. We…
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LeapRate Exclusive... LeapRate has learned that CySEC regulated institutional FX firm PositivaFX (CY) Ltd is making preparations to launch a separate Retail Forex brokerage operation. PositivaFX, based in Limassol, Cyprus and founded in 2014 by CEO George Stylianou (pictured at right) and COO Kaiming Liu, has grown into a fairly successful institutional FX shop, serving mainly small to…
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Exness also reported highest ever number of active clients during a calendar month at 40,809.
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LeapRate has learned that unregulated Retail Forex and Binary Options broker Grand Capital is preparing its application to receive a CySEC license from Cyprus regulator CySEC early this year. St Petersburg, Russia based Grand Capital is incorporated offshore in Seychelles. The company, founded and still run by online entrepreneur Stanislav Vaneev, has been around for about…
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Retail forex broker Exness has issued an interesting statement on their website, that they have never canceled a client order. Ever. For any reason. Order cancellations are apparently a source of angst for retail forex and CFD traders at market maker brokers, usually happening when the trade would have been to the benefit of the…
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LeapRate Exclusive... LeapRate has learned that regulated binary options broker Opteck has launched today a brand new website and mobile app, while also branching out from the binary options product to add CFDs trading. An Opteck spokesperson told LeapRate: We’re very excited to launch one of the world’s most advanced trading platforms. We’ve managed to…
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Retail forex broker Exness has reported its FX volume and operating results for October, indicating a slight 4% decline in activity MoM from September to $208.9 billion. Still, a fairly good result given that September was Exness’ second best month of 2016, after record monthly volumes of $253 billion recorded in July in a very…
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LeapRate Exclusive... LeapRate has learned that CySEC regulated retail forex broker Kawase has named Alex Katsaros as its new CEO. Katsaros joins Kawase from forex platform provider Spotware, where he was Head of Product Development for Spotware's cTrader platform for six years. Kawase runs the cTrader platform, whose leading users include FxPro and IC Markets. The…
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