XTB confirms plans to leave Turkish FX market and liquidate its Turkey subsidiary by mid 2018 LeapRate

December 01, 2017 BY LeapRate Staff

XTB confirms plans to leave Turkish FX market and liquidate its Turkey subsidiary by mid 2018

Contrary to erroneous reports which have appeared on certain blogs, Warsaw based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, has indicated in regulatory filings that it does indeed plan to carry forward its plans to leave the Turkish Retail FX market,…

June 28, 2017 BY LeapRate Staff

Saxo Bank shuts Turkey FX operations, closes Istanbul office

Copenhagen based multi asset broker Saxo Bank has announced that it has decided to end operations through its Turkish subsidiary, Saxo Capital Markets Menkul Değerler A/Ş, to reduce complexity in the organization and bolster relationships with strong partners in Turkey. The company's office in Istanbul will be shut down. Saxo Bank had opened its Istanbul…

February 13, 2017 BY LeapRate Staff

XTB sees reduced activity in Turkey Forex market following leverage and minimum account rules

Warsaw based retail forex brokerage group X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates the XTB.com brand and the X Open Hub trading platform, has made filings in its home country of Poland that it foresees significantly reduced activity from the Turkish forex market. XTB's filings were made after regulators in Turkey decided to crack…

Tag: Turkey forex brokers