Andrey Dashin's two companies, forex brokers ForexTime and Alpari, look to go more head-to-head for new business. It was bound to happen sooner or later.... LeapRate has learned that Cyprus-based forex broker ForexTime has opened its first office outside the island, with the initiation of a new rep office in London. Normally, this would not…
Read moreAlpari Russia names its part-owner Andrey Dashin as Chairman, with an active role in management, despite his sole ownership of rival ForexTime. LeapRate Exclusive.... The relationship between global FX broker Alpari, and its former subsidiary ForexTime (also known as FXTM), has become even more complicated. It had seemed that the two co-founders of Alpari, Cyprus-based Andrey…
Read moreFXTM introduces a swap rate free Over The Weekend account. Swap rates are one of those things both generally ignored and misunderstood in the Forex world. But they affect every trader who leaves positions open overnight, and can become very material for traders who often do so. Without expanding too much on the topic, swap…
Read moreThe website home pages of several leading Cyprus FX and Binary brokers now lead with "Your Funds Are Safe" ads. As the Cyprus bailout fiasco heads into its fourth day -- and as Cyprus banks remain closed -- the Cyprus-based FX and Binary brokers caught in the middle of all this have been scrambling to reassure…
Read moreChanges within the Alpari Group are bearing fruit. Alpari Russia has reported that Jaunary FX trading volumes came in at a record $110 billion, which the company attributed to "a well-thought-out marketing strategy, ... new technological solutions ... and a favorable situation in the market." Based on the figures reported, we estimate that Alpari has…
Read moreAndrey Dashin's new Cyprus FX firm onboards most of Alpari FS management. LeapRate Exclusive..... Well it seems as though Alpari's decision to shut down its Cyprus operation Alpari FS -- at around the same time that Andrey Dashin's new firm ForexTime Ltd received a CySEC CIF license to begin operation -- has provided ForexTime Ltd the opportunity to…
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