It’s the world’s biggest market by trading volume, with daily turnover of $5.2 trillion in 2016 - but just how much do you know about the high-stakes world of forex dealing? FXTM’s Ben Lovell-Viggers lifts the lid. Retail traders only account for a very small portion of the total turnover on the FX market, which…
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Now is a great time to see the aftermath of the damage being brought to FXCM in the wake of the ruling in which the US Commodity Futures Trading Commission (CFTC) banned FXCM Inc (NASDAQ:FXCM) from its home US market, as well as a permanent registration ban for CEO Drew Niv. Today the stock is tanking by…
Read moreThis week LeapRate discussed the FX brokerage business with Mr. Alexander Tsikhilov, the CEO for over 10 years of Estonian based and globally regulated Admiral Markets. To familiarize yourself with the brokerage the latest info shows that Admiral is operating in 35 countries worldwide through various licenses, has nearly 200 employees globally, around 12,000 active clients (active: at…
Read moreThe license of the broker, to operate in Cyprus under the name Eurotrade Investments RGB Ltd, has yet to be activated.
Read morePrime of Prime brokers offer a very important service to the retail forex space. Only the market will tell if there are too many out there and if consolidation is on the horizon.
Read more"PhillipCapital UK is here to stay. As a privately-owned institution, we are taking the long view as we enter the European retail trading space." - Sean Tan, Head of Derivatives at PhillipCapital UK
Read moreThe MFSA has just updated its policy on online forex trading service providers, licensed as Category 2 or Category 3 Investment Service Licence holders. Key changes are its threshold in relation to the requirement of a direct qualifying shareholding by a licensed entity and enhanced consumer protection warnings.
Read more“We are very pleased to support Gaitame.com by supplying them with a fully managed low latency liquidity FX solution. The easy and rapid integration with their existing infrastructure will enable them to keep their resources focused on their core trading business while implementing our solution." - David Vincent, CEO, smartTrade Technologies.
Read moreFrance's financial regulator AMF has just revealed the results of a mystery shopping campaign that targeted Internet sites, offering Forex and binary options trading. The check showed that the mystery shoppers rarely had problems opening a live account and trading without an identification document, whereas withdrawal of funds was as confusing and hard as it…
Read moreFormer AxiTrader Head of Derivative Sales Trading has assumed the position of General Manager at Pepperstone
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