A Kenyan based online Forex broker has appealed to the Government authorities in Kenya to introduce regulations to govern their operations within the FX trading industry. Kenyan based broker called VIP Portal Incorporated (INC) owners say they are being harassed and extorted by police for operating “illegally” when there is no laws or regulations that…
Read moreLeading FX Brokerage FXCM officially added liquidity to the offshore renminbi. Here is info on FXCM's offering. VITAL STATISTICS Target Spread 26-27 pips Margin Requirement $50 per lot Minimum Lot Size CN¥1,000 (1k) Pip Cost $0.016 per lot Average Daily Range 100 pips in 2014 Hedging Capability: You can go long or short yuan in…
Read moreDCFX focuses on Arabic and Islamic accounts. Until now it was based in Abu Dhabi, and registered in Seychelles.
Read moreAvaTrade now regulated in Europe, Australia, Japan, and the BVI. Leading Ireland-based forex broker AvaTrade, a member of LeapRate's Approved List of global regulated forex brokers, has announced that it has become one of the few forex firms to receive regulatory approval of the British Virgin Islands Financial Services Commission. Quite a number of forex brokers are…
Read moreEU's new financial regulator clearly gearing up to tackle Forex issues.
Read moreFXOpen was one of 14 Forex firms charged with accepting US clients.
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