Forex Industry Week Review: Belgium ban, EZTrader’s rough quarter, GKFX management switch, and lots more… LeapRate

August 21, 2016 BY LeapRate Staff

Forex Industry Week Review: Belgium ban, EZTrader's rough quarter, GKFX management switch, and lots more…

It was a wild week in the world of Forex Industry News, with stories hitting from all corners of the globe. Regulator bans. Corporate results. Fraud. Fines. Executive moves. Even frequent flyer miles. This week had it all. And most of it appeared first or exclusively on LeapRate! Our most popular guest post this week - and one…

August 16, 2016 BY LeapRate Staff

EZTrader.com has another tough quarter: $4.9 million Q2 loss as Revenues down 30% - LeapRate Exclusive

EZTrader.com's parent company stated that there is a substantial doubt that the Company will continue as a going concern.

August 05, 2016 BY LeapRate Staff

EZTrader.com dismisses VP of Sales Tal Golan

Golan's dismissal becomes effective as of August 27. The company did not give a reason for his dismissal.

April 29, 2016 BY Maria Nikolova

France's AMF calls for vigilance regarding binary options software Preditrend

France's financial markets regulator AMF today issued a warning regarding Preditrend, a software for trading binary options that is distributed across the Internet via several websites, social networks and via an email campaign. Potential users of the software are promised guaranteed returns, with the percentage of profitable trades said to be “3 out of 4”.…

November 27, 2015 BY LeapRate Staff

CySEC settles with IronFX, imposes fines on FXGM, EZTrader, Interactive Option, UFX and others

Cypriot financial regulator CySEC has released the first round of its findings following comprehensive reviews of the operations of a number of CySEC-regulated brokers in both the Forex and Binary arenas. CySEC's initial review has resulted in fines for a number of brokers, ranging from €123,000 up to €340,000. In addition to the fines, CySEC…

March 26, 2015 BY Maria Nikolova

Cypriot regulator imposes EUR 10,000 fine on WGM Services

Cyprus Securities and Exchange Commission (CySEC) today announced its decision to impose an administrative penalty on WGM Services Ltd, a investment firm that owns binary options brand EZTrader and forex broker EZInvest. The administrative measure consists of a EUR 10,000 fine. The regulator said the penalty reflected the fact that WGM Services' websites www.ezinvest.com and…

December 28, 2014 BY Mike Fox

Weekly Look Back: IG Group and Gain Capital shares end short week on bullish note, CFDs gain market share, and a binary broker has license restored

A look back at the most intriguing and popular forex industry news stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate articles, sign up to our Daily Forex Industry Newsletter on the right. → The ruble drama calmed down in a shortened week due to holiday festivities,…

December 24, 2014 BY LeapRate Staff

EZTrader gets its CIF license back - official company statement

LeapRate Exclusive.... LeapRate has obtained the official company statement from EZTrader on the withdrawal of its CIF license suspension by CySEC. EZTrader's CIF license was suspended temporarily by Cyprus financial regulator CySEC in late November. CySEC removed EZTrader's suspension yesterday, stating that it has been satisfied that the company complied with the provisions of the Law. The…

December 23, 2014 BY LeapRate Staff

CySEC withdraws suspension of binary options broker EZTrader.com

Cyprus financial regulator CySEC has withdrawn the suspension of binary options broker EZTrader (via its parent company WGM Services Ltd), and restored its CIF license. EZTrader also owns and operates the GlobalOption.com and EZInvest.com brands, and the 888binary.com which targets the Chinese market. The company is run by founder and CEO Shimon Citron. Its board of directors includes…

November 20, 2014 BY LeapRate Staff

CySEC suspends CIF license of binary options broker EZTrader.com

Cyprus financial regulator CySEC has taken measures to suspend the CIF license granted to WGM Services Ltd., parent of binary options broker EZTrader.com. EZTrader also owns and operates the GlobalOption.com and EZInvest.com brands, and the 888binary.com which targets the Chinese market. EZTrader reported revenues of $7.95 million for the first six months of 2014, but was…

Tag: EZTrader