Tag: ZuluTrade

October 09, 2016 BY LeapRate Staff

Forex Industry Week Review: Belgium FX ban backfires, ZuluTrade exits US, LMAX layoffs, and lots more…

In a week which will be mostly remembered for the British Pound Flash Crash, Forex Industry News at LeapRate seemed to center on one of the underlying themes driving the sector in recent months - over-reaction of regulators. There certainly is need to regulate the online trading sector. However regulators demonstrated once again that when they…

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March 04, 2015 BY Maria Nikolova

British Columbia watchdog issues warning regarding ZuluTrade

Securities market regulators of Canadian provinces seem to be competing with each other on which one will issue the highest number of warnings against investment companies. British Columbia Securities Commission (BCSC) added its weight to the growing watchfulness by issuing a warning regarding ZuluTrade, which most of us know as a provider of Forex and…

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September 09, 2014 BY Gerald Segal

Zulutrade fined $150,000 by the CFTC for taking clients from Iran, Sudan and Syria

The CFTC has announced a settlement with social trading giant Zulutrade, whereby Zulutrade will pay a fine of $150,000 and repay commissions earned of $80,000. The settlement involve charges that from 2010 to 2013 Zulutrade failed to follow procedures for screening clients from the U.S. Department of the Treasury’s Office of Foreign Assets Control’s (OFAC) targeted countries.…

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