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Forex Broker News Archive - Jul to Sep 2016


View below news about all the online forex brokers that was published between October and December 2016. This service provided for you by the staff at Best Online Forex Brokers, as we are constantly striving to provide you, our website visitors, with the most complete information on any forex broker you may want to consider trading with.

Admiral Markets Begins Publishing Execution Statistics

28 Dec 2016, Tallinn, Estonia - LeapRate - Europe based brokerage Admiral Markets just announced that are introducing their new Order execution quality page which will help traders find key information about the benefits of Admiral Markets in terms of execution quality, supported by the statistics on all executed market orders for the previous calendar year. This is the first time Admiral Markets publish this kind of information, launching a web . . .


Blackwell Global Acquires Double SFC Licences to Offer Securities and Futures Trading Services

28 Dec 2016, Hong Kong - Blackwell Global Press Release - Hong Kong-China stock connect a boost to the multi-asset brokerage. International forex and CFDs brokerage Blackwell Global announces today the acquisition of 2 new licences issued by the Security and Futures Commission (SFC; Securities Licence No. BGX296 and Futures Licence No. BGX460. ) in Hong Kong, permitting the brokerage to offer securities and futures contracts to both Hong Kong . . .


Colmex Pro Fined 100,000 by CySEC for Non-Compliance Issues

27 Dec 2016, Nicosia, Cyprus - Cyprus Securities and Exchange Commission - The Board of the Cyprus Securities and Exchange Commission (CySEC) would like to inform the public that, at the meeting held on 28 November 2016, it decided to impose a total administrative fine of 100. 000 to CIF Colmex Pro Ltd for non compliance with the following: Section 28(1) of the Investment Services and Activities and Regulated Markets Law of 2007, as . . .


France's AMF Warns Against Forex Brokers MRT Markets and More

27 Dec 2016, Paris, France - Autorite de Controle Prudentiel et de Resolution - The Autorite des marches financiers and the Autorite de controle prudentiel et de resolution warn the public against the activities of several websites and entities proposing forex investments without being authorised to do so. The AMF and the ACPR are publishing a list of new websites and entities offering investments on the unregulated foreign exchange (Forex) . . .


Financial Commission Announces JustBroker as Latest Approved Member

26 Dec 2016, Hong Kong - Financial Commission Press Release - Leading external dispute resolution (EDR) organization, Financial Commission, catering to the financial services industry and operated by FinaCom PLC, today announces JustBroker as its newest approved member. JustBroker's status as a member of the Financial Commission took effect on December 15, 2016, following the approval of its membership application by FinaCom PLC's . . .


Canada BCSC Adds Inter Global to Investor Caution List

23 Dec 2016, British Columbia, Canada - Finance Magnates - The British Columbia Securities Commission (BCSC), one of the thirteen provincial financial regulators in Canada, has added Royal Downing Investments and Inter Global to its growing 'Investment Caution List', according to a BCSC statement. According to the Canadian provincial regulator, Royal Downing Investments solicited a British Columbia (BC) resident and the company opened a trading . . .


FXOpen Makes Financial Performance Tracking Tool Available to All Clients

23 Dec 2016, London, UK - SMN Weekly - Forex broker FXOpen proudly announces that an advanced analytics tool that was formerly used only by professional PAMM money managers, is now available to all traders. The tool helps you track and analyze your financial performance, as well as to set trading goals. The tool processes complex financial data and your trading results are displayed as charts and diagrams, in order to be easy to understand and . . .


Exness Extends Offering for Unlimited Leverage Trading Accounts

20 Dec 2016, Limassol, Cyprus - LeapRate - Regulated forex broker Exness today announced developments which will substantially improve client trading and allow more freedom and flexibility to apply their trading strategies without hindrances and limitations. Exness currently offers unlimited leverage to clients on Cent, Mini and Classic accounts, from Monday 00:00 GMT to Thursday 23:59 GMT. As of Sunday, December 25th for trade date Monday, . . .


NFA Fines and Settles Case with Forex IB Avail Trading Corp for $30,000 for Alleged Violations

20 Dec 2016, Chicago, IL, USA - LeapRate - The National Futures Association (NFA) today, December 19, 2016, at an NFA Hearing Panel, issued a Decision accepting Forex introducing broker Avail Trading Corp (Avail Trading) and David Manoukian's settlement offer and imposed a $30,000 fine to be paid within 30 days. On June 30, 2016, NFA's Business Conduct Committee (BCC) issued a Complaint to Avail Trading Corp and David Manoukian (Manoukian). The . . .


Latvian Broker Renesource Capital Adds 16 New Forex Pairs to Offering

20 Dec 2016, Riga, Latvia - SMN Weekly - Multi-asset broker Renesource Capital has made available 16 new currency pairs for trading to retail investors using the MetaTrader 4 (MT4) trading platform. Thew new instruments are available as of 18 December, 2016, via any forex account the broker offers. As a result, the broker's offering has increased to include 90 forex pairs in total. The new pairs are available for trading with a minimum margin . . .


Cyprus' CySEC Seeks to Withdraw CIF License of Forex broker BCFX Broker

20 Dec 2016, Nicosia, Cyprus - SMN Weekly - The Cyprus Securities and Exchange Commission (CySEC) said on Tuesday it has commenced proceedings for the possible withdrawal of the Cypriot Investment Firm (CIF) license of forex brokerage Best Choice FBC Ltd. , doing business as BCFX Broker. The regulator has also extended BCFX Broker's license suspension for the second time. The decision was announced on Thursday, but was adopted on 28 November, 2016.


Canadian BCSC Warns against StoxMarket

19 Dec 2016, British Columbia, Canada - AtoZ Forex - Continuing the series of warnings against unregulated brokers and other scams that target traders in Canada, BCSC warns against StoxMarket. The British Columbia Securities Commission (BCSC) added the Forex and CFDs broker StoxMarket to its Investment Caution list. Also, the Canadian regulator warns investors to avoid any dealing with the CFDs broker. According to the broker's website, Marketier . . .


Colmex Acquires Matach24 as Israeli Forex Market Keeps Consolidating

18 Dec 2016, Tel Aviv, Israel - Finance Magnates - Matach24 nearly 1000 active clients will be diverted to Colmex following the broker's failure to be licensed in Israel. The Israeli branch of Colmex has bought out its rival Matach24 after the latter failed to receive authorization to operate in Israel. This is Colmex' second acquisition of a fellow Israeli forex broker following its acquisition of Smart Capital last June. Colmex has confirmed to . . .


E-Global Trade & Finance Group Gets Broker License in Luxembourg

15 Dec 2016, Luxembourg - LeapRate - E-Global Trade & Finance Group, the holding company of popular retail FX broker brands Forex4you and Share4you announced it has received authorization from the Luxembourg Ministry of Finance and Commission de Surveillance du Secteur Financier to operate a brokerage as E-Global Trade & Finance Luxembourg S. A. According to the company, the license (which was authorized last month) will allow E-Global Trade & . . .


Saxo Bank Announces Agreement to Sell Uruguay Subsidiary to Dif Broker

15 Dec 2016, Montevideo, Uruguay - Saxo Bank Press Release - Saxo Capital Markets Agente de Valores sold to long standing White Label partner. Saxo Bank A/S today announces that it has agreed to sell its Uruguayan subsidiary, Saxo Capital Markets Agente de Valores, to DIF Broker, a long term White Label of Saxo Bank. The transaction, having been approved by the relevant authorities, is subject to customary closing conditions and DIF Broker is . . .


NPBFX Launches Tradency's RoboX Service

14 Dec 2016, Belize City, Belize - FinanceFeeds Press Release - NPBFX, a prominent Russian broker, is joining the growing global trend of RoboX. Tradency, a global Fintech company focusing on product development and advanced services to financial institutions since 2005, and NPBFX, a company specialized in providing trading services on FOREX market since 1996, announced today the launch of the RoboX service. RoboX is a proprietary learning . . .


eToro Joins Saxo Bank as Retail Forex Partner of China Internet Finance Giant Lufax

14 Dec 2016, China - LeapRate - Retail forex broker eToro has announced a cooperation agreement with China's largest internet finance company, Lufax Holding Ltd. The strategic partnership will introduce eToro to Lufax's overseas Chinese clients. LeapRate readers will recall that multi-asset online broker Saxo Bank announced a similar partnership with Lufax back in May. We understand that the Saxo Bank partnership is indeed still in force, and . . .


FXPIG Moves from New Zealand to Vanuatu

13 Dec 2016, Vanuatu - FinanceFeeds News - Citing increasing regulatory demands, FXPIG has relocated its operations from New Zealand to the Pacific island of Vanuatu after 7 years in establishment. After nearly six years of operations in New Zealand, under the FSPR, FXPIG is moving. According to the company's CEO Kevin Murcko, this tactical relocation is an initial step with an end goal of expanding its footprint and evolving the firm's brand in . . .


CySEC Withdraws License of Retail Forex Broker UBFS Invest

13 Dec 2016, Nicosia, Cyprus - Cyprus Securities and Exchange Commission - The Cyprus Securities and Exchange Commission ('CySEC') announces that, on its meeting of 28th November 2016, has decided, pursuant to sections 25(1)(b), 25(1)(c) and 26(4)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in force ('the Law'), to wholly withdraw the Cyprus Investment Firm authorization with number 239/14 of UBFS Invest . . .


Synergy FX Upgrades MT4 Infrastructure and Launches New Forex Trading Educational Portal

13 Dec 2016, Sydney, Australi - 12 Press Release - Australian FX provider Synergy FX has invested further in their core infrastructure behind their rapidly growing business. Each day our clients are trading in volumes that warrant the best in server technology. To enable this growth, Synergy FX has implemented core infrastructure upgrades and a move into the Equinix NY4 server facilities. The upgrade has further enhanced connectivity . . .


Gerchik & Co is the First Broker to Launch RoboX in CIS

12 Dec 2016, Belize City, Belize - Tradency - RoboX, the smart trading machine is the new simple, personalized, anddynamic method of FX trading that uses technology to the trader'sadvantage. Tradency, a pioneering financial technology provider, focusing on B2B product development and advanced services for retail investors and retail traders and Gerchik & Co announced the launch of RoboX. The new exciting service is a smart trading machine . . .


eToro Looks to Eastern Europe with Launch in Poland

7 Dec 2016, Poland - Finance Magnates - eToro, one of the industry's leading social trading networks and brokers, is slated to expand into a new jurisdiction, launching in Poland where it will cater to new clients in Eastern Europe, according to a recent statement from eToro. The broker has pushed forward with a number of international expansionary initiatives throughout the past year or two eToro has also continued to make inroads in the UK as . . .


Financial Commission Certifies Forex Club's Libertex Platform

7 Dec 2016, Hong Kong - Financial Commission Press Release - The Financial Commission, a leading financial services independent external dispute resolution (EDR) organization, today announced the successful certification of the Libertex web and mobile trading applications. The Financial Commission conducted its rigorous review of the Libertex trading terminal, to ensure it met the technical information requirements of the Commission's . . .


Alpari Starts Operations in Belarus

7 Dec 2016, Belarus - LeapRate - Retail forex broker Alpari has announced that on December 6 Belarusian Currency and Stock Exchange confirmed that Alpari Eurasia has successfully passed the software test for compliance with the requirements set by the National Bank of the Republic of Belarus. As LeapRate reported, Alpari was added to the list of Registered Forex Brokers by The National Bank of Belarus, the country's central bank and financial . . .


Japan's Kanto Bureau Adds FXGlobe and Tradeview Markets to its Warning List

6 Dec 2016, Tokyo, Japan - Finance Magnates - The watchdog has added a further two forex brokerages to its warning list for contravening its rules and regulations. The Kanto finance bureau of Japan's Ministry of Finance (MoF) has updated the warning list on its website to caution potential investors against about trading with two financial entities, FXGlobe and Tradeview Markets.


Dukascopy Releases Next-gen JForex 3 Platform

6 Dec 2016, Geneva, Switzerland - LeapRate - Dukascopy Bank, the FINMA regulated Switzerland-based Forex brokerage announced it released a new generation of the JForex platform JForex 3 with higher performance and better user experience. After the platform's trial launch in September 2016, JForex 3 successfully passed the company's probation period and has become available on live accounts.


Saxo Bank Expands in China with Phoenix Finance Partnership

6 Dec 2016, China - LeapRate - Global broker Saxo Bank and financial technology firm Phoenix Finance have just signed a MOU to form a white label partnership. The integration process will start in Q1 2017. The partnership will enable Phoenix Finance to integrate Saxo's investment and trading capabilities, directly into their own applications and systems and enhance its offering to clients. Saxo Bank's multi-asset trading technology offers access . . .


Ayondo Raises $3.4 Million Ahead of Planned Singapore IPO

5 Dec 2016, Singapore - LeapRate - LeapRate has learned via a series of regulatory filings that FCA regulated social trading and CFDs broker Ayondo has raised more than $3. 4 million ahead of the company's planned IPO on the Singapore Exchange (SGX). Ayondo raised the money from existing shareholders, in a series of transactions between September 30 and November 24.


FXCM US and QuantConnect Announce Live Trading Integration

5 Dec 2016, New York, NY, USA - FinanceFeeds Press Release - Forex Capital Markets LLC, ("FXCM US" or "FXCM" ) the US entity of FXCM Inc. (NASDAQ:FXCM), a global online provider of foreign exchange (FX) trading and related services, announced today Live Trading Integration with QuantConnect, a leading cloud-based algorithmic trading platform for strategy creation, backtesting and deployment. Paired with the power of FXCM's No Dealing Desk . . .


RoboForex Introduces StrategyQuant Trading Robots Builder Solution

2 Dec 2016, Limassol, Cyprus - Finance Magnates - RoboForex clients now have access to a builder of trading robots suitable for use by those new to algorithmic trading. Cyprus regulated broker RoboForex has introduced a new trading robot builder product for its clients known as StrategyQuant which was developed by a team of Czech Republic-based software developers, traders and machine learning specialists.


Japan's SBI Adds smartTrade's LiquidityFX Market Making Pricing and Distribution Modules

30 Nov 2016, Tokyo, Japan - LeapRate - SmartTrade Technologies, a multi-asset electronic trading solutions company, has just announced that SBI Liquidity Market, a Japanese FX infrastructure solution and liquidity provider, complemented its FX platform based on smartTrade's LiquidityFX. SBI Liquidity Market is adding smartTrade's sophisticated market making solution to the existing implementation of LiquidityFX connectivity, aggregation and order . . .


Forex4you gets Licensed by Luxembourg's MF

30 Nov 2016, Luxembourg - SMN Weekly - Offshore forex brokerage Forex4you said on Wednesday it has received a licensed brokerage status with the Ministry of Finance (MF) of Luxembourg. This will allow the broker to operate in any contuntry of the European Economic Area (EEA). The MF granted license to E-Global Trade & Finance Luxembourg SA on 17 November, 2016, the broker said. The Luxembourg company will operate under a new brand and will offer . . .


One Financial Markets' Growth Continues with New Office and Regulatory Status in Hong Kong

30 Nov 2016, Hong Kong - FinanceFeeds Press Release - British electronic trading company One Financial Markets has today announced its new Securities and Futures Commission (SFC) regulatory status in Hong Kong, further cementing the company's footprint in the Asia-Pacific region. Following successful regulatory approval from the SFC, One Financial Markets has been granted permission to establish a new flagship office in Hong Kong, which will . . .


Saxo Bank Continues to be Recognised for Unrivalled FX Offering

29 Nov 2016, Hellerup, Denmark - PRNewsWire - Saxo Bank awarded multiple accolades by FX Week, Finance Magnates, HFM Asia Hedge Fund Services and Global Finance. Saxo Bank, the online multi-asset trading and investment specialist, today announces that it has won Best Prime of Prime House in FX Week's Best Banks Awards and Best Forex Broker and Best Prime of Prime/Retail Liquidity Provider in the Finance Magnates Awards. Recognized by . . .


Alpari becomes a Licensed Forex Dealer in Russia

28 Nov 2016, Moscow, Russia - Alpari News/Press Release - The central bank of the Russian Federation finalised its decision to issue Alpari Forex Ltd. with a license granting the company the right to conduct its activities as a Forex dealer throughout Russia1. As such, Alpari is now an officially licensed Forex dealer on the Russian market. The total capital held by Alpari Forex Ltd. exceeds 100 million Russian roubles. From the moment it . . .


FXPRIMUS Announces the Gold Standard in Client's Funds Security

28 Nov 2016, Limassol, Cyprus - Business Wire - FXPRIMUS is pleased to announce the commencement of its latest initiative which enhances the safety of all clients' funds with additional insurance protection of up to 2. 5 million. FXPRIMUS has introduced the gold standard in the clients' funds protection which sees clients' accounts covered not only with the existing coverage mandated by CySEC but with an additional cover for all clients of all . . .


Saxo Bank Wins Swiss Franc Dispute Case in Danish Commercial Court

25 Nov 2016, Copenhagen, Denmark - Finance Magnates - The ruling by the Danish court sets an EU-wide precedent on Saxo Bank's good will handling of the SNB crisis. Danish multi-asset brokerage Saxo Bank has been cleared by the Danish Maritime and Commercial High Court in a case against the company filed by a client who lost money on the 15th of January 2015. On that day the Swiss National Bank has unexpectedly removed the currency floor under the . . .


Retail Forex Broker FXFINPRO has CIF License Suspended by CySEC

24 Nov 2016, Nicosia, Cyprus - Cyprus Securities and Exchange Commission - The Cyprus Securities and Exchange Commission ('CySEC') announces that the authorisation of the Cyprus Investment Firm 'PFX Financial Professionals Ltd' ('the Company'), with number 193/13, is suspended, pursuant to section 26(2) of the Investment Services and Activities and Regulated Markets Law of 2007, as in force ('the Law'), as there are suspicions of an alleged . . .


CONSOB AlfaTrade Warning

23 Nov 2016, Rome, Italy - AtoZ Forex - Italy's CONSOB has alerted investors against using services of AlfaTrade, following several warnings issued by Canadian regulators. The National Commission for Companies and the Stock Exchange (CONSOB) has issued an alert against the retail forex broker AlfaTrade. The regulator notified investors that Nemesis Capital Ltd and Nemesis Capital Bg Ltd, holding Alfa Trade, are not registered with the CONSOB.


XM Commences Its UK Office

22 Nov 2016, London, UK - XM - XM Group is pleased to announce the commencement of operations of its UK entity XM UK (Trading Point of Financial Instruments UK). XM UK, situated in what is known as the world's most known financial center, the City of London, has come as a result of the XM Group's continuous commitment to being fair and being the broker of choice to all its customer. During today's official announcement, Pambos . . .


Financial Commission Announces RallyTrade as Latest Approved Member

21 Nov 2016, Hong Kong - Financial Commission Press Release - Leading external dispute resolution (EDR) organization, Financial Commission, catering to the financial services industry and operated by FinaCom PLC, today announces RallyTrade as its newest approved member. RallyTrade's status as a member of the Financial Commission took effect on November 9, 2016, following the approval of its membership application by FinaCom PLC's . . .


Bulgaria's FSC Warns agains Unauthorized Broker FXOpen and Others

21 Nov 2016, Sofia, Bulgaria - SMN Weekly - Bulgaria's Financial Supervision Commission (FSC) issued on Friday an updated list of financial service providers unauthorized to operate in the country. The list includes famous brands such as FXOpen, but it mainly consists of notorious forex and binary option brokers such as Magnum Option, Bloombex Options, and Pwrtrade, among others. In Bulgaria, as in most EU member states, financial service . . .


Forex Club Joins AFD

21 Nov 2016, Russia - SMN Weekly - Forex Club, one of the leading forex brokers in Russia that only recently obtained its forex brokerage license from the Bank of Russia, on second try, has joined the local self-regulation organization (SRO) Association of forex dealers (AFD). An SRO membership is one of the legal requirements for forex brokers operating in Russia. AFD was established earlier this year and is currently the only forex broker . . .


FXTM Adopts MT5 WebTrader with Hedging Capability

21 Nov 2016, Limassol, Cyprus - SMN Weekly - Cyprus-regulated forex broker ForexTime, or FXTM, said on Monday it has adopted the web-based version of the MetaTrader 5 (MT5) trading platform. In addition to other features, the web platform has a hedging functionality, which allows users to open multiple trades of the same trading instrument, including on opposite directions. This is not a new feature for FXTM clients, since the broker introduced . . .


FxPro Receives Most Prestigious Awards for its Services

18 Nov 2016, London, UK - FxPro Press Release - For the fourth year running, FxPro has been selected by the readers of Shares Magazine as their preferred broker and received the 'Best FX Broker' Award at the annual Shares Awards ceremony. The services we offer at FxPro were recognised for their excellence at a spectacular event held at the Grosvenor House Hotel, London, on November 10, which celebrated the best of the UK financial services industry.


Global Brands Magazine Names FXTM"Best Forex Brand, Nigeria 2016"

17 Nov 2016, London, UK - FXTM - FXTM is honored to be named 'Best Forex Brand, Nigeria 2016' by the prestigious Global Brands Magazine, a leading periodical based in the UK. The broker was awarded in its field - alongside prominent brands such as Microsoft, Harley Davidson, and Paris Gallery Luxury Hotels Group - FXTM has been recognized for its achievements as the leading forex service provider in Nigeria. Some of FXTM's significant . . .


HotForex Named Best Forex Broker in Middle East

17 Nov 2016, Dubai, UAE - PRNewsWire - HotForex won the Best Forex Broker Middle East Award 2016 at the 17th MENA FFXPO Dubai. HotForex was chosen by the 17th MENA FFXPO Dubai, one of the leading financial exhibitions in the MENA region, to receive an award that recognizes its expertise and acknowledges its status in the markets - a status achieved by HotForex's policy of providing the best possible trading conditions to its clients. The . . .


Fullerton Markets Signs Hong Kong Broker FG Global Enrich as White Label Partner

17 Nov 2016, Hong Kong - LeapRate - New Zealand based retail forex broker Fullerton Markets has announced a white label partnership with Hong Kong based firm FG Global Enrich. With over 20,000 clients in Asia and operations in both Hong Kong and Seychelles, FG Global Enrich will help Fullerton continue extending its footprint with retail traders across the Far East.


FXCM Opens Office in South Africa

16 Nov 2016, Johannesburg, South Africa - FXCM Press Release - FXCM Inc. (NASDAQ:FXCM), a leading online provider of foreign exchange (FX) trading, Contract for Difference (CFD) and related services, announces the opening of its newest office, FXCM South Africa, based in Johannesburg. "We're excited to expand FXCM and our retail forex business to South Africa," said Drew Niv, CEO of FXCM. "There is a growing interest for forex trading . . .


FX Choice Starts Offering MT5 Mobile Trading Platform for iOS, Android

16 Nov 2016, Belize City, Belize - SMN Weekly - Forex broker FX Choice said on Tuesday it has added to its platform offering the mobile versions of the MetaTrader 5 (MT5). The mobile platform is available for devices with iOS or Android operating systems. MT5 is the successor of the MetaTrader 4 (MT4), the world's most widely-used platform for forex trading. It is also available as an application for desktops and as a web-based platform. FX . . .


EFG HERMES and Saxo Bank Form Strategic Partnership to Launch Multi-Asset Trading

16 Nov 2016, Hellerup, Denmark - Saxo Bank - EFG Hermes, a leading financial services corporation in the Arab World, and Saxo Bank, the online multi-asset trading and investment specialist announced today the signing of a strategic partnership agreement, which will enable full integration of Saxo Bank's SaxoTraderGO platform with EFG Hermes' new online trading platform, EFG Hermes One. The new platform will grant clients one-click access to . . .


Larson & Holz Launches In-house Trading Platform

15 Nov 2016, Kingstown, St. Vincent & the Grenadines - SMN Weekly - Multi-asset broker Larson&Holz said on Monday it has developed an in-house trading platform, called Web Trader. The web-based platform provides access to the forex and binary option markets. The new platform has been developed by Larson&Holz IT Ltd. lab. The introduction of a proprietary platform was the result of numerous trader demands, the broker said. In addition to the . . .


ayondo Acquires Leading Singapore's Fintech Brand TradeHero

15 Nov 2016, Singapore - ayondo - Deal expands ayondo's footprint in Singapore ahead of the planned SGXlisting. TradeHero's mobile stock market simulation app offers risk-free investor education; ranked #1 finance app in over 90 countries. Financial technology group ayondo has acquired the TradeHero brand, a Singapore investor education app that has been ranked the number one finance app in the Apple iOS app in over 90 countries. The . . .


FOREX.com Launches New Active Trader Offering in U.S. and Canada

14 Nov 2016, Bedminster, NJ, USA - PRNewsWire - FOREX.com today announced a new Active Trader account, which provides high volume FX traders with preferred pricing, additional volume tiered incentives and other value-added services. "We recognize the unique needs of high volume FX traders and challenged ourselves to develop a service that offered a rewarding trading experience," said Samantha Roady, President of Retail at GAIN . . .


Fibo Group Doubles Max Leverage to 1,000:1 for MT4 Cent Accounts

11 Nov 2016, Moscow, Russia - SMN Weekly - Offshore forex broker Fibo Group it has has increased the available maximum leverage size to 1,000:1. The offer applies for holders of cent accounts on the MetaTrader 4 (MT4) trading platform. Prior to that, the leverage for this type of account was set at a maximum 500:1. The new conditions automatically apply for traders who open a new cent account, while investors who already operate such an account . . .


AlfaTrade has Been Flagged by FCA Due to Illegal Provision of Financial Services

10 Nov 2016, London, UK - FSM News - Another broker company has been flagged by FCA and is pinned down in the warning lists of forex broker companies. United Kingdom's Financial Conduct Authority (FCA) has received several serious complaints from real clients of AlfaTrade since August this year.


Forex Broker FBS Launches Free VPS Services

10 Nov 2016, Belmopan, Belize - SMN Weekly - Offshore forex broker FBS said on Thursday it has launched a virtual hosting service. FBS clients who meet certain criteria, such as having a certain number of traded lots, gain free access to the virtual private server (VPS). The broker did not disclose where its VPS is located. The new service allows users to easily set up and install expert advisors (EAs), or trading robots, even when offline.


Nissan Securities Partners with Beeks Financial Cloud

10 Nov 2016, Tokyo, Japan - LeapRate - Beeks Financial Cloud, a global leader in financial cloud infrastructure, announced today it has partnered with Nissan Securities, a financial brokerage business and one of the top financial securities companies in Japan to provide connectivity for all of Nissan's customers. The partnership was finalized in October, and Nissan customers are already utilizing Beeks' services.


RoboForex Adds StrategyQuant, Trading Robot and Strategies Designer

10 Nov 2016, Limassol, Cyprus - LeapRate - CySEC and IFSC regulated global FX brokerage RoboForex today announced a new third party addition to its offering fitting for its name. Capitalizing on the growing algorithmic trend for retail traders, RoboForex added StrategyQuant, a trading robots and strategies designer. Using a desktop version or EA Wizard web platform, clients will be able to create, backtest, and optimize trading robots for the . . .


New Zealand's FMA Issues Another Warning against Forex Broker Trade12

9 Nov 2016, Auckland, New Zealand - SMN Weekly - New Zealand's Financial Markets Authority (FMA) issued on Wednesday another warning against forex broker Exo Capital Markets Ltd. , trading as Trade12. Last month, the regulator alerted the public of a notice of the Italian financial regulatory body CONSOB which informed Trade12 was doing business non-authorized. Now it has issued a warning of its own. It recommend exercising caution when dealing . . .


Tickmill Expands its Global Footprint as FCA UK Licensed Regulated Broker

9 Nov 2016, London, UK - Tickmill - Tickmill is proud to announce that their UK entity, Tmill UK Limited, is now licensed and regulated by the Financial Conduct Authority (FCA), under registration number 717270. The FCA is a financial regulatory body in the United Kingdom, within which the most prominent financial services firms operate. FCA regulated brokers must adhere to the strictest financial standards, including capital adequacy . . .



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Colmex Becomes Sixth Recipient of an Israel Forex Broker License

6 Nov 2016, Israel - LeapRate - LeapRate has learned that the Israeli financial regulator the Israel Securities Authority (ISA) has issued a Dealers' license to a sixth retail forex broker, Colmex. Colmex Israel, or formally . . .


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31 Oct 2016, Sydney, Australia - SMN Weekly - The Australian Securities and Investments Commission (ASIC) has published, through its consumer service website Money Smart, a warning against forex broker Trade24 for potentially . . .


Malta FSA Warning Against MXTrade

28 Oct 2016, Attard, Malta - Malta Financial Services Authority - The Malta Financial Services Authority ("MFSA") has become aware of an entity operating under the name of MXTrade. MXTrade is a brand owned and operated by . . .


Malta FSA Warning Against TradingBanks

28 Oct 2016, Attard, Malta - Malta Financial Services Authority - The Malta Financial Services Authority (MFSA) has become aware of an entity operating under the name of TradingBanks. TradingBanks is a brand owned and . . .


easyMarkets Named Best Trading Platform UK and Best Trading Platform Poland by Global Banking and Finance Review

27 Oct 2016, London, UK - PRNewsWire - Global Banking and Finance Review recently announced the 2016 winners of the finance awards and gave the nod to easyMarkets for the Best Trading Platform UK and the Best Trading . . .


Latvian Broker Amenda Markets Makes Possible Trading on Negative Spreads

27 Oct 2016, Riga, Latvia - SMN Weekly - Amenda Markets, a Latvian-based investment broker and provider of the liquidity aggregator Pure-DMA, announced it has made possible trading on negative spreads, reversing the bid/ask . . .


Spain's CNMV Warns against Unregulated Forex Brokers Umarkets, FinMarkFX

26 Oct 2016, Madrid, Spain - SMN Weekly - Spain's financial regulatory body, the Comision Nacional del Mercado de Valores (CNMV), issued earlier this week warning notices against offshore forex brokers Maxi Services Ltd. , . . .


FxPro Launches News, Analysis, Market Updates on Telegram

26 Oct 2016, London, UK - SMN Weekly - The UK forex broker FxPro announced it has launched the FxPro Telegram channel. It allows traders to receive up-to-date news, market updates and analysis and stay on top of the broker's . . .


Russian Watchdog KROUFR Adds Forex Broker Trade12 to Warning List

26 Oct 2016, Russia - Finance Magnates - Trade12 is the latest forex broker to be added to the regulator's blacklist for withdrawal-related issues. KROUFR, the Russian self-regulatory organisation which seeks to regulate . . .


VTB24 Forex Becomes Member of Russia's Association of Forex Dealers

25 Oct 2016, Russia - SMN Weekly - About two months after it obtained a forex dealer license from Russia's central bank, the forex broker VTB24 Forex became a member of the local self-regulation organization (SRO) Association . . .


Alpari Opens New Global Headquarters in Mauritius

25 Oct 2016, Ebene, Mauritius - Alpari - The global financial brand Alpari opened a new international headquarters on 25 October, 2016 in the macro-region which encompasses the countries of Southern Africa and the Indian . . .


Russia's KROUFR Blacklists Forex Broker StoxMarket due to Numerous Client Complaints

24 Oct 2016, Russia - SMN Weekly - Russia's commission for the regulation of relations on financial markets KROUFR has expanded its blacklist to 28 entities with the addition of forex broker StoxMarket, the commission said . . .


CMB Fines Venbey Yatirim: $113K

19 Oct 2016, Istanbul, Turkey - AtoZ Forex - Following the news about the Turkish broker Venbey Yatirim and the armed clients of the broker, storming its offices in Turkey earlier this month, new details are coming in, as the . . .


HFT Brokers Exits Forex Business Citing Polish Cap Requirements

19 Oct 2016, Warsaw, Poland - Finance Magnates - HFT Brokers will now focus on developing other parts of its core business. Finance Magnates has learned that HFT Brokers, the Polish retail brokerage house, has decided to leave . . .


Hong Kong SFC Reprimands and Fines FXCM Asia Limited HK$4 million

19 Oct 2016, Hong Kong - Hong Kong Securities and Futures Commission - The Securities and Futures Commission (SFC) has reprimanded and fined FXCM Asia Limited (HK FXCM) (now known as Rakuten Securities Hong Kong Limited) . . .


Another Brexit Casualty: LMAX Exchange may Move from UK to Ireland

18 Oct 2016, London, UK - AtoZ Forex - The UK's government under Theresa May has been heading towards a 'hard Brexit', which might disrupt the UK's access to the single market. Due to this possible scenario, LMAX Exchange has . . .


Orbex and Nour Al-Hammoury Announce a New Educational Partnership

17 Oct 2016, Limassol, Cyprus - PRWeb - Orbex, an innovative leader in online forex trading, alongside with a world-renowned market strategist and analyst, Nour Eldeen Al-Hammoury, has recently announced a launch of the . . .


JFD Brokers Launches New Platform Offering, Guidants, to the German Market

17 Oct 2016, Limassol, Cyprus - Finance Magnates - Just Fair and Direct (JFD) Brokers has announced that it is making the Guidants plaform available in Germany. Just Fair and Direct (JFD) Brokers has announced that the company . . .


New Zealand's FMA Warns Against CMS Trader

17 Oct 2016, Auckland, New Zealand - SMN Weekly - New Zealand's Financial Markets Authority (FMA) issued on Monday two separate statements, warning against unauthorized forex broker CMS Trader and binary options broker TallOptions.


Financial Commission Announces Upgraded Membership for NPBFX to Category A

14 Oct 2016, Hong Kong - Financial Commission Press Release - Financial Commission, a leading External Dispute Resolution (EDR) organization operated by FinaCom PLC and catering to the online brokerage industry, today . . .


Japan's efx.com Partners with CFH Clearing to Offer New Trading Platforms

14 Oct 2016, Tokyo, Japan - Finance Magnates - The partnership will see the Japanese brokerage offer a variety of new trading platforms across desktop and mobile. Japanese brokerage efx.com Securities has signed an agreement . . .


Forex Club gets Forex Broker License in Russia on Second Try

13 Oct 2016, Moscow, Russia - SMN Weekly - The Central Bank of Russia (CBR) said on Wednesday it has provided a forex broker license to Forex Club, one of the leading market participants. The regulator provided no details.


ThinkMarkets Expands Access to Liquidity through VertexFX Cloud

12 Oct 2016, Melbourne, Australia - fx-mm - ThinkMarkets, a global multi-asset brokerage, have collaborated with VertexFX Cloud, the award-winning trading platform developed by Hybrid Solutions, to offer wider access to . . .


Admiral Markets Compensates Traders in GBP/USD During "Flash Crash" Due to Price Spike

12 Oct 2016, Tallinn, Estonia - SMN Weekly - Forex brokerage Admiral Markets has distribute summary compensations to clients who traded in GBP/USD and got affected by British pound's sudden collapse on Friday, the broker said . . .


Italy's CONSOB Warns Against Unregulated Forex Broker FXGlory

11 Oct 2016, Rome, Italy - Finance Magnates - The Italian financial regulator has added another unlicensed forex broker to its warning list. Italy's financial markets regulator, the Commissione Nazionale per le Societa e la . . .


Forex Broker XM Applies for License with South Africa's FSB

10 Oct 2016, Pretoria, South Africa - SMN Weekly - Dually-licensed forex brokerage XM has applied for a financial service provider license with the Financial Services Board (FSB) of South Africa, according to data published . . .


Finam Launches Forex, Stock Trading via Messaging App Telegram

10 Oct 2016, Moscow, Russia - SMN Weekly - Russian investment services group Finam said on Monday it has launched FinamTradeBot, a sertive that enabled users to trade and receive news and quotes via messaging application Telegram.


New Zealand's FMA Warns of Trade12 Forex Broker

7 Oct 2016, Auckland, New Zealand - SMN Weekly - New Zealand's financial regulator, the Financial Markets Authority (FMA), has added the forex broker Trade12 and the binary options broker Option Giants to its list of . . .


Canadian Regulator OSC Warns Against Unregulated Retail Forex Broker AlfaTrade

7 Oct 2016, Ontario, Canada - LeapRate - Continuing a string of warnings against forex and binary options brokers targeting traders in Canada, Canadian securities regulator the Ontario Securities Commission (OSC) has issued a . . .


Orbex Joins the Metatrader 4 Webtrader Crowd

6 Oct 2016, Limassol, Cyprus - Finance Magnates - MT4 WebTrader offers full desktop functionality designed to make it efficient for round-the-clock access. Orbex, a multi-regulated forex brokerage, today announced that it has . . .


FXCM and Gain Capital Introducing Broker Vankar Trading Permanently Barred by NFA

6 Oct 2016, Chicago, IL, USA - LeapRate - Introducing broker Vankar Trading, an NFA-member introducing broker based in Chicago, has seen the NFA permanently bar it from membership and from acting as principal of an NFA . . .


Forex Group GMO Click to Set up Thai Subsidiary by the End of 2016

6 Oct 2016, Tokyo, Japan - SMN Weekly - Japanese forex brokerage group GMO Click Holdings (TYO:7177) said on Thursday it decided earlier in the day to set up a subsidiary unit in Thailand. The planned name for the new unit is . . .


Bulgaria Regulator FSC Investigating Retail Forex Broker UT Markets

5 Oct 2016, Bulgaria - LeapRate - The Financial Supervision Commission (FSC) of Bulgaria has issued a warning to investors concerning the offering of services without the requisite license by UT Markets, an entity operating . . .


HotForex Crowned Best New Forex Broker in South Africa

4 Oct 2016, Port Louis, Mauritius - PRNewsWire - Global Banking & Finance Review honored HotForex eith the Best New Forex Broker South Africa 2016 Award. Online forex and commodities broker, HotForex added one more trophy . . .


Russia's KROUFR to Blacklist Trade12, TurboForex and Others

3 Oct 2016, Russia - SMN Weekly - Russia's commission for the regulation of relations on financial markets KROUFR issued over the weekend another statement with listed forex and binary option brokers that are potential . . .


Forex Platform Darwinex Launches Mobile Investor App for Android

3 Oct 2016, London, UK - SMN Weekly - Darwinex, the FCA-regulated social forex broker and trading platform, announced it has launched a mobile investor application for Android devices. The Darwinex Investor app allows . . .


Plus500 Granted Operating License by New Zealand FMA

3 Oct 2016, Auckland, New Zealand - Finance Magnates - The Financial Markets Authority has granted Plus500 its fifth regulatory license. Plus500 has just announced that following last week's acquisition of a license to operate . . .


Armed Clients Storm Turkish Forex Broker Venbey Yatirim

2 Oct 2016, Istanbul, Turkey - Finance Magnates - A number of the armed men that allegedly raided the broker are members of Turkish exchange Borsa Istanbul. The online trading industry has sadly seen its share of angry or . . .