Forex Broker News Archive - Jul to Dec 2014

FXPRIMUS Obtains CIF License from CySEC

30 Dec 2014, Nicosia, Cyprus - PRNewsWire - FXPRIMUS, the Mauritius based FX/CFD broker, announced today that their European entity, FX Primus Europe (CY) Ltd. has been granted a CIF License from CySEC (Cyprus Securities & Exchange Commission). FXPRIMUS is now able to provide the comfort and assurance to its customers they are trading with an EU-regulated broker that complies with MFID directives. . . .

Portugal's CMVM Issues Warning for Investors Concerning Nord Group Investment Inc.(NordFX)

22 Dec 2014, Lisbon, Portugal - Portugal CMVM - The Portuguese Securities Commission (CMVM) would like to alert all the recipients that Nord Group Investment Inc. (NordFX) (http://nordfx.com/ or http://pt. nordfx.com/) is not authorized under the Portuguese Securities Code (approved by Decree-Law No. 486/99 of 13 November and republished by Decree-Law No. 357-A/2007 of 31 October) to provide investment or ancillary services in Portugal.

Trader's Way Honored as Best STP/ECN Broker 2014 by the Forex Report Awards

22 Dec 2014, Roseau Valley, Dominica - Trader's Way - Trader's Way, a prime online FOREX and CFD broker, is pleased to announce that it was awarded as the Best STP/ECN Broker of 2014 by Forex Report in their annual analysis of the very best brokers in the FX community. We at TradersWay are honored to be chosen as this year's Best ECN/STP Broker by the Forex Report Awards known throughout the global banking and financial community for . . .

OANDA Awarded Top Honours by Australian FX Traders

19 Dec 2014, Sydney, Australia - OANDA Press Release - Global FX and CFD broker breaks into local market, increases market share, and earns praise for providing the best customer service and risk management. OANDA, a global provider of forex and Contracts for Differencetrading (CFDs) trading services and investment products,is pleased to announce it has received the "Highest Overall Client Satisfaction" and "Best Customer Service" awards in an . . .

InstaForex Wins 2014 IFM Award for 'Best ECN Broker, Asia'

19 Dec 2014, London, England - PRNewsWire - London-based International Finance Magazine has conferred the 2014 award for 'Best ECN Broker' in Asia to InstaForex. The award was presented on November 18 by the honourable Lord Sheikh, Baron Sheikh of Cornhill, House of Lords; Sheikh Bilal Khan, UK Catalyst at UKTI and Co-Chairman of Dome Advisory and Peter Meyer, CEO, Middle East Association at a gala dinner in the ball room of the Jumeirah . . .

AxiTrader Launches A "Seed Funding Program" to Set FX Traders on a Professional Trading Career

18 Dec 2014, Sydney, Australia - Finance Magnates - Following an initial assessment period, AxiSelect says traders with proven success may be offered funding from AxiCorp to expand their portfolio and further their trading skills or gain an MDA license. AxiCorp, the group behind the retail online forex trading broker AxiTrader, has officially announced a new initiative, a seed funding program created to "help launch the next generation of trading superstars.

IronFX Global Awarded Best Broker in CIS and Russia

17 Dec 2014, Limassol, Cyprus - Gold News - Limassol-based IronFX Global has won two awards for Best Broker in both the CIS and Russia in 2014, by the Forexstars and ForexExpo awarding bodies. The awards were presented during the Russian Forex Expo which took place in Moscow. Winners were nominated by more than 100,000 members of the voting public. The ForexStars Awards are globally renowned for their high quality of nominees. Whilst a great . . .

ASIC Investigation Leads to Interactive Brokers Refunding $1.5 Million to Australian Customers

16 Dec 2014, Melbourne, Australia - ASIC Media Release - Following an investigation by ASIC, Interactive Brokers LLC (IB), a US-based online brokerage firm, will refund approximately $1. 5 million in fees and commission payments to its retail margin lending customers. The refunds will be made as part of an enforceable undertaking (EU) accepted by ASIC and follow an ASIC investigation which found that IB did not, during the period July . . .

IKON Group Awarded Best Institutional FX Platform at the 7th Saudi Money Expo 2014

15 Dec 2014, Saudi Arabia - Business Wire - IKON Group, the world's leading Forex & Currencies Trading Broker, was presented with the "Best Institutional FX platform 2014" Award at the 7th Saudi Money Expo 2014 that took place on 14th & 15th November 2014. IKON Group was named "Best Institutional FX Platform" for the following reasons:IKON Group offering of the ultimate solution to Meta Trader 4 brokers supplying reliable prices through IKON Bridge.

Nord FX Announces a New Trading Account Type with Leverage to 1:1000

14 Dec 2014, Port Louis, Mauritius - PressReleasePoint - Nord FX has declared the launch of a new exclusive trading account type to allow traders to open an account with a small deposit. Nord FX is pleased to announce the introduction of a new trading account type for all traders. Previously the company is offering trading services around the globe with 3 major trading account types such as Micro, Standard and MT-ECN. As Nord FX always puts a . . .

Royal Forex " RFXT" Expands into Australia

11 Dec 2014, Sydney, Australia - PRNewsWire - With almost a decade of fruitful experience in the financial markets, Royal Forex (rfxt.com) is poised to build on its proven success with a new office in Australia. The new entity, Royal Financial Trading Pty Ltd "Royal," is regulated by the Australian Securities and Investments Commission (ASIC), and gives investors a welcome measure of credibility and transparency. "Royal is looking to have . . .

TrioMarkets Announces Launch of New Forex Trading Platform

10 Dec 2014, Tel Aviv, Israel - PRWeb - TrioMarkets is a new online Forex trading company licensed by Cyprus Securities and Exchange Commission (CySec) which sits under the umbrella of the Markets in Financial Instruments Directive (MiFid). TrioMarkets was founded by three financial professionals with over a decade of experience in the European financial markets and banking system. Start-up forex broker, TrioMarkets, has announced the upcoming . . .

NFA Fines New York Firm FXDirectDealer LLC $500,000 for Inadequate Anti-money Laundering Program and Failure to Supervise

10 Dec 2014, Chicago, IL, USA - NFA - National Futures Association (NFA) has ordered FXDirectDealer LLC (FXDD), an NFA Member and previously registered CFTC retail foreign exchange dealer located in New York City, to pay a $500,000 fine and operate solely as an NFA Member introducing broker (IB). The Decision, issued by NFA's Business Conduct Committee, is based on a Complaint and settlement offer submitted by FXDD. FXDD has been the . . .

CFTC Orders IBFX, Inc. f/k/a Tradestation Forex, Inc. to Pay a $600,000 Penalty for Series of Minimum Net Capital Deficits, and a Failure to Supervise

10 Dec 2014, Washington, DC, USA - CFTC - The U. S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against IBFX, Inc. f/k/a Tradestation Forex, Inc. (IBFX), a Florida-based Retail Foreign Exchange Dealer (RFED), for violating CFTC Regulations by failing to meet the minimum net capital requirements on three separate occasions, failing to timely report one of the minimum net capital . . .

eToro Secures $27 Million in new Financing to Fuel Continued Global Growth

10 Dec 2014, London, UK - eToro - eToro, the world's leading social investment network, today announced that it has secured an equity round from the leading Chinese venture capital firm Ping An Ventures, a VC under Ping An Insurance (Group) Company of China, Ltd. , the largest non-state owned integrated financial services conglomerate in China and SBT Venture Capital, a fintech focused fund whose main partner is Russia's largest bank.

OANDA Dominates Singapore's FX Market

9 Dec 2014, Singapore - PRNewsWire Asia - OANDA named the No. 1 FX broker in Singapore, top broker among high-value clients and winner of the Highest Overall Client Satisfaction category by Investment Trends. A leading global provider of online foreign exchange (FX) and contract for difference (CFD) trading services, OANDA Asia Pacific has been named the No. 1 FX Broker in a survey by multinational financial services market research firm, . . .

City Index Implements Velocimetrics' Ultra Fast FX Pricing and Monitoring Solution

8 Dec 2014, London, UK - Finance Magnates - Employing both network and application monitoring techniques, to eliminate blind spots, City Index has gained complete visibility and highly accurate latency metrics across the entire price production process. Velocimetrics, a provider of real-time business performance monitoring and analysis solutions to the global financial community, announced today that City Index has implemented Velocimetrics's . . .

FXTM Establishes New Licenced Entity in Belize

3 Dec 2014, Belize - LeapRate - Cyprus-based retail FX firm Forex Time (FXTM) has today announced the establishment of a new licensed entity, FT Global Ltd, regulated by the IFSC of Belize, which will operate in conjunction with the company's CySec-regulated operations. FXTM is confident that the new entity will operate as an integral part of the company's global development. Priding itself in offering bespoke solutions and flexibility of . . .

FxPro Wins Best Forex Provider 2014 at Investors Chronicle & Financial Times Awards

3 Dec 2014, London, UK - FxPro Press Release - FxPro has been awarded 'Best Forex Provider' at the 2014 Investors Chronicle & Financial Times Investment and Wealth Awards ceremony held at in The Banking Hall in the heart of the City of London. The event celebrates the finest of the investment and wealth management industry and was attended by some of the best-known names in financial services. "To be awarded Best Forex Provider at . . .

FXPrimus' Owners Buy CMS Forex, Eyeing Institutional FX

1 Dec 2014, Ireland - Finance Magnates - The Ireland based holding firm, Prime Mantle Corporation, hopes to leverage and expand CMS' CapMar Financial offering of institutional liquidity and prime-of-prime services in the FX, CFD and Metals markets. Forex Magnates has learned that the group behind the retail broker FX Primus has executed the acquisition of Capital Market Services UK Ltd. (CMS Forex). The transaction has already received final . . .

Forex Broker Orbex Limited Gives Away $165,000 to Their Profitable Traders

28 Nov 2014, Limassol, Cyprus - PRWeb - "Double-Up Profit" campaign by Forex broker Orbex Limited comes to a close with a $165,000 cash reward to their most profitable traders. Leading Forex broker, Orbex, announced the results of their ''Double-Up Profit'' campaign earlier this month, as the campaign drew to an end. The ''Double-Up Profit'' campaign, which ran between 26th May and 19th October, gave Orbex traders an opportunity to earn . . .

ACM Gold Deploys Tradable Platform in Africa

26 Nov 2014, Sandton, South Africa - AutomatedTrader.com - African broker, ACM Gold, announces exclusive partnership with Tradable. ACM Gold, Africa's biggest broker is partnering with Tradable to become the first African broker to roll out the trading platform. Tradable enables traders to create a customised online trading platform using third party Apps developed specifically for Tradable. Traders can select from over 150 Apps most relevant to . . .

FxPro Cuts Renminbi Trading Margin Requirements Opening the Door for More Client Demand

26 Nov 2014, Limassol, Cyprus - Finance Magnates - The FCA regulated broker is aiming to provide additional incentives for trading the Chinese currency just as more analysts are expecting that the renminbi will start behaving more and more like a "normal currency". While the Chinese Yuan has been gaining traction in global payments, it still has ways to go to in order to provide incentive for forex traders to begin treating it like a tradable currency.

EXNESS Introduces Fixed Spread Trading Accounts

24 Nov 2014, Limassol, Cyprus - LeapRate - Whilst many FX firms are continuing to major on refining zero spread FX trading accounts for retail customers, EXNESS has announced the launch of financial instruments with fixed spreads, with ten currency pairs already available on Mini and Classic accounts. EXNESS has introduced what was at one point a very commonplace method of offering trading by market makers, conferring that the accommodation of . . .

Swissquote Lowers Margin Rates and Stop Out Levels

24 Nov 2014, Gland, Switzerland - fx-mm - Swissquote, the Swiss leader in online banking, is implementing improvements on margin rates and stop out levels on its Advanced Trader and MetaTrader platforms, effective at market open today. These changes are the result of an effort to merge the best available trading conditions offered between its various platforms. MetaTrader users will now benefit from the same competitive margin rates already . . .

Capital Finance International Magazine Recognises FxPro with Award for Best FX Execution, Global

21 Nov 2014, London, UK - FxPro Press Release - FxPro Group Ltd (FxPro) has been awarded 'Best FX Execution, Global' by Capital Finance International Magazine (CFI. co). Clients using the MT4 and cTrader platforms expect fast and reliable trade execution and FxPro's investment in its infrastructure has meant that they benefit from an exceptionally deep pool of liquidity delivered by its twelve liquidity providers. There is also no dealing . . .

FOREX MMCIS Goes Out of Business, Leaving 50,000 Clients High and Dry

21 Nov 2014, Russia - LeapRate - After several painful months during which FOREX MMCIS attempted to resolve its financial difficulties, the firm has finally closed its doors, leaving behind a potential loss to several thousand clients. In his final address to clients, the President of the ill-fated FX broker FOREX MMCIS has announced that the company is forced to terminate all operations due to lack of funds. Earlier today, the website of troubled . . .

Saxo Bank Scoops Best Use of IT in Investment Banking at Banking Technology Awards

21 Nov 2014, London, UK - PRNewsWire - This reinforces Saxo Bank's leadership in trading technology. Saxo Bank, the online multi-asset trading and investment specialist has reinforced its leadership in trading technology by winning Best Use of IT in Investment Banking at the Banking Technology Awards. The awards which are judged by senior members of the financial technology industry and Banking Technology's senior staff members recognise . . .

GMO Internet Reveals Re-Branding Plans; Z.Com Coming Soon

21 Nov 2014, Tokyo, Japan - Finance Magnates - Japan's largest foreign-exchange broker will soon give its brand a facelift to help the parent company appeal to a wider audience on a global scale. Z. Com is coming soon. One of Japan's largest media and marketing conglomerates and also the parent company of Japan's largest FX broker GMO Click; GMO Internet has announced a wholesale re-branding initiative which includes changing the company's brand . . .

Saxo Bank Wins Best Forex Broker at Forex Magnates Awards

20 Nov 2014, London, UK - PRNewsWire - Industry vote recognises Saxo's ongoing excellence in FX. Saxo Bank, the online multi-asset trading and investment specialist, today announces that it won Best Forex Broker 2014 at the Forex Magnates Awards in London on Wednesday evening. The award, determined by an industry vote, is testament to Saxo Bank's continued . . .

ASIC Issues Warning About Unlicensed FX Dealer YoutradeFX

18 Nov 2014, Australia - ASIC Media Release - ASIC has today cautioned Australian investors against dealing with the company or group YoutradeFX for trading in margin foreign exchange (FX). ASIC advises that YoutradeFX is not regulated by ASIC, nor is it licensed to trade in margin FX in Australia, as has been stated by several websites that review and comment upon FX trading. The company previously known as Youtrade Capital . . .

Best FX Broker 2014 Goes To FxPro at Shares Magazine Awards

18 Nov 2014, London, UK - FxPro Press Release - FxPro has been awarded Best FX Broker at the Shares Awards for the second year running. Against a large number of well-known peers FxPro came out on top following another year of hard work, with the express aim of making the trading and investing environment for institutional and retail FX traders better. "It is a real achievement to have won the award for Best FX Broker once again and we . . .

FBS Inc is a Winner of Global Brands Magazine Awards 2014

18 Nov 2014, United Kingdom - iReach Press Release - FBS Inc named Best Forex Brand in Asia for the year 2014. FBS Inc was the recipient of the Best Forex Brand Award in Asia for the year 2014. The award reaffirms the firm's excellence in providing Forex trading services in the region. The judging criteria behind the Global Brands Awards are competitive. The financials, growth, . . .

Saxo Bank Announces Addition of New No Dealing Desk Accounts

17 Nov 2014, Gland, Switzerland - fx-mm - Saxo Bank, the online multi-asset trading and investment specialist, today announced that there will be new No Dealing Desk (NDD) account structures for FX, as well as a more integrated MetraTrader4 (MT4) solution providing clients with a choice of pricing structures. Saxo Bank will launch multiple new NDD style accounts designed for clients seeking Direct Market Access (DMA) by trading anonymously on best . . .

BMFN Partners with Noor Capital to Branch into the Middle East

15 Nov 2014, Dubai, UAE - LeapRate - Noor Capital P. S. C has today announced the launch of Noor Global Markets, a new electronic trading service based in the Middle East, which has come to fruition as a result of a partnership between Noor Capital and retail FX platform provider BMFN. BMFN recently established an office in Dubai in order to expand its presence in the Middle East following success in China with its 'broker in a link' solution by . . .

Cyprus Minister of Finance Hands Over CIBA's Business Excellence Award to Windsor Brokers Ltd

14 Nov 2014, Limassol, Cyprus - Windsor Brokers - With over 130 members mainly from the banking, financial, investment, legal and shipping sectors in Cyprus, the Cyprus International Businesses Association (CIBA) voted Windsor Brokers Ltd. as the winner of this year's Business Excellence Award. Windsor Brokers Ltd. was selected as this year's winner thanks to its noteworthy presence in the financial industry, its substantial . . .

GCI Wins the Award for Best Forex Broker in Europe 2014

13 Nov 2014, Moscow, Russia - GlobeNewsWire - For the Second Year in a Row, GCI Was Voted the Best Forex Broker in Europe. GCI Financial, one of the leaders in Forex brokerage, has again been honored with a prestigious industry award - this time for 'Best Forex Broker in Europe'. The award was presented at the 2014 Moscow Forex Expo held at the Radisson Slavyanskaya Hotel. 'We are very grateful to the clients and traders who took the time to vote . . .

EXNESS Trading Conditions Recognized as the Best

10 Nov 2014, Moscow, Russia - EXNESS News - EXNESS participated in the 17th international MOSCOW FOREX EXPO, which took place October 31 - November 1 in Moscow. At the conclusion of the event there was an award ceremony in which EXNESS was honored with one of the most important and noteworthy awards - "Best Trading Conditions". The expo included more than 20 major brokerage companies, industry news outlets, trader communication . . .

MONEX Group Formally Announces Phase Out of MetaTrader 4

7 Nov 2014, Tokyo, Japan - LeapRate - As of November 7, 2014, MONEX Group's Japanese client base will stand down from MetaTrader 4, replicating a company-wide initiative to concentrate on proprietary platforms following subsidiary IBFX's sale of its MetaTrader 4 client base to FXCM for $4. 4 million. For Japanese FX giant MONEX Group, the provision of the vastly popular and market share dominant MetaTrader 4 platform lasted just over a year, . . .

Cypriot Regulator Approves Lucro Capital aka HiWayFX as an Authorised Provider of FX

6 Nov 2014, Nicosia, Cyprus - Finance Magnates - Brokers operating in the FX & CFD arena continue to choose Cyprus as their preferred destination for company set-up and authorisation. HiWayFX, a Lucro Capital brand, becomes the latest firm to gain approval as a CIF. Lucro Capital, a holding firm operating HiWayFX, received regulation under Cyprus' main financial watchdog, the Cyprus Securities and Exchange Commission (CySEC). The firm has become . . .

ADS Securities Teams with Acuity Trading to Secure Big Data for Retail Traders

5 Nov 2014, Abu Dhabi, UAE - Finance Magnates - Filtering "the noise" from "the signal", has become somewhat of a difficult task for traders in the age of modern information technology when the amount of news provided to investors is constantly on the rise. How to differentiate the signal from the noise this is a perpetual dilemma for every investor looking at new trading opportunities. With the vast amounts of market information widely available . . .

Trade24 Brings Automated Risk Management Directly to Forex Trading Platform

5 Nov 2014, London, UK - PRNewsWire - Classic risk management is a staple of any forex trader's arsenal. The maximum amount of lots to trade in relation to your equity. Where to place your stop-loss and take profit. How to deal with leverage and margin. But it's 2014 and technology now exists that can help traders manage risk without the need for a calculator. . . .

Major Japanese Forex Broker YJFX Ends its Support of MetaTrader 4

4 Nov 2014, Tokyo, Japan - Forex Report - In September, Monex announced it was ending its support for MetaTrader4 and as of November 7, Monex's Japanese client base will stand down from the platform. The company has said it wants to concentrate on proprietary platforms after IBFX's sale of its MetaTrader 4 client base to FXCM for $4. 4m.

ADS Securities Named Best Forex Provider in China

4 Nov 2014, Abu Dhabi, UAE - ADS Securities Press Release - ADS Securities the Abu Dhabi based forex brokerage has caused a major shock at the 12th China Financial Annual Champion Awards, organised by Hexun, by walking away with the tile of "Best Forex Service Provider". ADS Securities has been operating in China for less than 12 months and has already established itself as one of the leading FX and CFD trading companies. Accepting . . .

DMM FX Australia Announces New Live Account No-Deposit Bonus Campaign

31 Oct 2014, Sydney, Australia - PR.com - Online Forex and CFD broker DMM FX Australia (DMM FX) announced their $50 No-Deposit Bonus Campaign for new Live Account registrations today. DMM FX CEO Koji Miura said "We are thrilled to announce our $50 No-Deposit Bonus campaign for new clients. Once traders experience our lowest fixed spreads ever, we are confident that they will make DMM FX their preferred broker. A $50 No-Deposit Bonus provides . . .

Japanese Broker GMO Click Plans for an IPO in the Second Quarter of 2015

31 Oct 2014, Tokyo, Japan - Finance Magnates - According to publicly available information, Japan's powerhouse forex broker, GMO Click, has unveiled a plan to be listed on the Tokyo Stock Exchange's JASDAQ market. The company will go public in the second quarter of next year just as the Japanese stock market is booming following unprecedented monetary policy easing measures by the Bank of Japan. GMO Click will also engage in a stock swap . . .

GAIN Capital to Acquire City Index

31 Oct 2014, Bedminster, NJ, USA - PRNewsWire - GAIN Capital Holdings, Inc. (NYSE: GCAP, "GAIN"), today announced that it has entered into a definitive agreement to acquire City Index (Holdings) Limited ("City Index"), a leading online trading firm specializing in contracts-for-difference (CFDs), forex and UK spread betting, for approximately $118 million1, or a net purchase price of $82 million, including $36 million in cash on the company's . . .

OANDA Australia Partners with ACY FX

30 Oct 2014, Sydney, Australia - PRWire - ACY FX, a Sydney-based forex education provider, is proud to announce that it has developed a strategic partnership with forex (FX) and Contracts For Difference (CFD) broker, OANDA Australia. Together, both companies will deliver tailored education services for Chinese traders in Australia and New Zealand. OANDA Australia will be utilising ACY FX's Chinese language resources and expertise to . . .

RoboForex Transfers Clients to New Operations in Belize

30 Oct 2014, Belize - LeapRate - RoboForex, a retail FX broker registered originally in New Zealand, has announced that it will transfer all of the clients of its RoboForex LP business to RoboTrade, its new subsidiary in Belize. The transfer will be automatic and will start on November 5, 2014. RoboForex LP has been registered as a Financial Services Provider (FSP) in New Zealand since October 2012, with the register still displaying that the . . .

OANDA Adds to Professional FX Toolset with MultiCharts

28 Oct 2014, New York, NY, USA - OANDA Press Release - Global forex broker announces plug-in for algorithmic trading and technical analysis. OANDA, a global provider of forex trading services and investment products, is pleased to announce its partnership with MultiCharts. Made possible via the broker's Application Programming Interface (API), FX traders can now access the award-winning MultiCharts platform via a custom OANDA fxTrade plug-in, . . .

OANDA Earns Top Honours in Investment Trends' 2014 U.K. Forex Traders Survey Awards

27 Oct 2014, London, UK - PRNewsWire UK - Global broker takes home four awards and the No. 1 spot in five additional categories in the latest U. K. FX industry report. OANDA,a global provider of innovative foreign exchange (FX) and contract for difference (CFD) trading services,, has been lauded by U. K. -based forex traders with several awards including the top honour of "Highest Overall Client Satisfaction. " The results come via the 2014 U. K.

FXCM to Pay $180,000 Penalty for Unregistered Trades to Canadian Provincial Regulators

27 Oct 2014, New Brunswick, Canada - Finance Magnates - The New Brunswick's Financial and Consumer Services Commission (FCNB) announced on Friday that its local Financial and Consumer Services Tribunal has approved a settlement agreement between Forex Capital Markets (NYSE: FXCM) the Manitoba Securities Commission and the FCNB, which requires FXCM to pay administrative penalties for non-compliance with the local securities laws. In Canada, the . . .

FlexTrade Selected By Berkeley Futures Ltd for Global FX Trading

27 Oct 2014, Great Neck, NY, USA - FlexTrade Systems - Implements MaxxTrader to enhance FX offering, including G10 currencies, NDFs as well as base and precious metals. FlexTrade Systems, Inc, a global leader in multi-asset execution and order management systems, today announced that Berkeley Futures Ltd has implemented MaxxTrader, its white label ASP front-end platform, to facilitate global FX trading. Used as a complete FX solution, . . .

Etoro Adds Russian Ruble and Chinese Yuan to Social Trading Platform

23 Oct 2014, Limassol, Cyprus - fx-mm - Etoro, the world's biggest social investment network, is adding the Russian Ruble and Chinese Yuan to its social trading platform from Monday 20 October. The currencies can be traded as USD/RUB and USD/CNH. Etoro, the world's biggest social investment network, is adding the Russian Ruble and Chinese Yuan to its social trading platform from Monday 20 October. The currencies can be traded as USD/RUB and USD/CNH.