May 05, 2015 BY Maria Nikolova
FCA warns regarding binary options broker Ebor Option
The UK regulator says the broker is a clone of an authorized business, which is primarily involved in personal pension schemes.
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May 04, 2015 BY Andrew Saks-McLeod
FCA new license waiting time doubles
Just two years ago, at the time of establishment of the FCA, average waiting time for a new license was 10 weeks. In the last quarter of 2014, it had increased to 18.5 weeks, as British authorities demonstrate caution over retail financial services
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April 27, 2015 BY Andrew Saks-McLeod
FCA issues warning regarding unlicensed FX firm KSFTrade
Britain's Financial Conduct Authority has warned about KSFTrade, an unlicensed FX firm which is not authorized to operate in Britain or to solicit business from retail customers in the United Kingdom
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April 24, 2015 BY Maria Nikolova
New Forex broker PhillipCapital UK starts operations
The UK FX broker, which is a subsidiary of Singapore-based financial giant PhillipCapital, offers trading with currencies and CFDs on the MT4 platform.
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April 15, 2015 BY Andrew Saks-McLeod
APAC-focused retail broker OctaFX obtains British FCA license
OctaFX, a retail brokerage registered in St Vincent and the Grenadines which concentrates on business in the Asia Pacific region, has been granted a regulatory license by Britain's Financial Conduct Authority
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April 14, 2015 BY Andrew Saks-McLeod
Investment giant Blackrock hit by UK clone firm
British regulatory authority warns that a bogus website is operating which unlawfully uses the same name as global investment giant BlackRock, as well as the firm's FCA registration number
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March 30, 2015 BY Mike Fox
Forex Weekly Look Back: March 23rd – March 29th
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 news, sign up to our Daily Forex Industry Newsletter on the right… → ASIC/Leverage | https://www.leaprate.com/lV22K Optimal Payments/Skrill | https://www.leaprate.com/W91Dh FxStat | https://www.leaprate.com/MnR2Q AxiTrader/FIXI |…
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March 26, 2015 BY Maria Nikolova
LQD Markets' administrators estimate deficit on client monies at $2.84m
Earlier today Baker Tilly, the special administrators of troubled UK FX broker LQD Markets, published a detailed report and proposals regarding the company. The report revealed a raft of worrisome financial metrics, with the ones that are particularly stunning concerning the size of the deficit on client monies. Baker Tilly administrators say that on January…
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March 25, 2015 BY Maria Nikolova
UK watchdog detects misuse of LCG name by binary options broker
LeapRate's loyal readers must already be somewhat accustomed to the Financial Conduct Authority (FCA) issuing warnings against clones of authorized online trading companies. Some of the cases the UK watchdog tackles, however, are quite stunning and today presented us with one of these. Representatives of Tradignition, a binary options broker soliciting UK clients, are falsely…
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March 25, 2015 BY Maria Nikolova
FCA issues warning regarding unauthorized FX broker GMT Markets
The Financial Conduct Authority (FCA) has earlier today issued a warning regarding unauthorized Forex broker GMT Markets Limited. The company, which offers its services via www.gmtmarkets.com, gives two contact addresses in the UK: 1) Universal house, 88-94 Wentworth st. London, E17SA, UK; and 2) Hackwood Building, 14 Hackwood Street, Robertsbridge, East Sussex, TN32 5ER. At…
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