PSP (or E-Wallet) Webmoney, Qiwi, PayPal, Skrill, Neteller, Yandex and others. FX Offshore Broker needs to open a wallet in the selected payment system and place it on the website and in the Trader's Room (Link to the Article about Traders Room) Fees: Can be dramatically different between currencies. Make sure to get a detailed…
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LR: What are the biggest trends you have been seeing? Jeff: First of all, it’s clear that in many cases, the money that brokers make from their B-book is actually just a small proportion of their overall revenue but it comes with a very high proportion of risk, which means that their P&L is extremely volatile.…
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The following article was exclusively prepared for LeapRate by the Match-Trade Technologies team. Last year brought significant changes in the financial market, especially for unregulated brokers. For instance, VISA and Mastercard blocked them from using their services. And now, one of the biggest challenges they have to face is to provide their customers with convenient and effective…
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FCA-regulated FX broker and part of LMAX Exchange Group, LMAX Global, has just announced that CySEC has formally approved its application for a purchase of Cyprus-regulated broker CB Capital Business ltd. Once complete, the deal will allow LMAX Global to build out and better serve its Southern European, Cypriot and Middle Eastern institutional and intermediary…
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Brokeree Solutions, the Estonia-based provider of high-grade forex technology solutions for forex brokers, has just announced that it has released a bonus management system for MT4/MT5 PAMM solution. Through the Bonus Extension of Brokeree PAMM FX brokers will now be able to create flexible reward schemes and assign credits for new PAMM deposits made by…
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Continuing its efforts to clean up the domestic Retail FX sector, Cyprus financial regulator CySEC has issued a circular this morning entitled "Provision of investment and ancillary services and/or performance of investment activities in a third country". See full text below. Effectively, CySEC is cracking down on its domestic licensed FX brokers which take on…
Read moreLaunched as two distinct liquidity hubs on FX Grid, the new services will address specialized needs of margin FX brokers and fund managers
Read moreConfisio, the provider of cost effective regulatory and operational solutions for financial services, today announces that its new London office is now open for business. Originally based in Cyprus, Confisio’s London office will allow the firm to service local and European clients from a convenient location as Confisio continues to grow. Andreas Roussos, Head of…
Read moreFX volume being directed to electronic trading platforms within respective investment banks
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