Nov 30 2009

SmartTradeFX a new Canadian broker, using the new ACT Forex’s platform launches

ACT Forex just announced the release of its new platform (scroll down on ACT’s website and check Latest News) and it already has a new client in Canada – SmartTradeFX. ACT’s new platform is a more advanced and intuitive one and we will review it more extensively this week. Toronto, Canada, November 28, 2009 –(PR.com)– [...]

Nov 30 2009

Interbank FX to open a UK office

Interbank FX is the latest US broker to open a UK office (follows FXCM, Gain, FX Solutions and lately CMS). Interbank FX UK Ltd, a sister company to leading U.S. off-exchange retail foreign currency (Forex/FX) broker Interbank FX, LLC (www.ibfx.com), announced today the plans to open an office in Central London, aimed to accommodate and [...]

Nov 26 2009

Metaquotes comes out of the closet!

Metaquotes, the largest Forex software provider in the world, is becoming more and more transparent and advanced. I’m not talking about the new and controversial Metatrader 5. I’m talking about the new management profile page that Metaquotes uploaded to its website. Yes my friends, this is a revolution. Metaquotes was notoriously known for lacking efficient [...]

Nov 26 2009

Forex scams all over – money spent on luxuries and a submarine…

Federal Court Freezes Assets of Minnesota Residents Trevor Cook and Patrick Kiley and their Oxford and Universal Companies, Charged by the CFTC with Defrauding Investors of Tens of Millions of Dollars in Foreign Currency Scheme Customer funds misappropriated to develop a hotel and casino in Panama and purchase seven luxury cars. Washington, DC – The [...]

Nov 25 2009

FXCM opens a branch in Italy – www.fxcm.it

FXCM, the largest and most capitalized clearing firm is solidifying its position within the EU market by opening an Italian branch. This tactical decision is a reflection of their desire to bring onboard bloggers from the following EU regions: France, Sweden and Germany. FXCM is trying to exploit an under-served market, one which should yield tangible [...]

Nov 24 2009

NFA rage: BLUE SKY CAPITAL MANAGEMENT, GLOBEFX CLUB, TRADERS NETWORK

BLUE SKY CAPITAL MANAGEMENT and SCHNEIDER, GREGORY MICHAEL COMPLAINT: On August 25, 2009, NFA issued a Complaint charging Blue Sky and Schneider with willful submission of materially false or misleading information to NFA; cheating, defrauding or deceiving another person or attempting to do so; and distributing a disclosure document without required pre-submission to NFA. DECISION: [...]

Nov 23 2009

A recent survey shows online advertising is ineffective – nonsense

Phoenix Marketing International, announced today findings from its quarterly study among online investors age 21+ reporting investable assets of at least $50k and who typically place 4 to 9 trades each month (active investors) or 10+ monthly trades (active traders). Phoenix reports that 48% of investors ignore online advertising, as many expect these ads to [...]

Nov 20 2009

CMS Forex launches its own portal – FXTimes.com

CMS Forex, the US Forex broker, has recently launched its own Forex portal – fxtimes.com. While FXTimes.com is nothing to tell home about, it serves its purpose. Forex portals are a rapidly growing segment in the retail Forex market and several Forex brokers successfully maintain their own sites (FXCM with dailyfx.com for instance) with others working hard on [...]

Nov 19 2009

Interbank FX launches a Facebook app

Interbank FX has recently launched a very interesting application – a Micro Mini Challenge on Facebook. This is a very interesting development in the Forex marketing arena and I expect many more firms to follow soon. Having a Facebook app can easily, virally and even relatively cheaply introduce new clients to Forex trading. This in [...]

Nov 18 2009

ICAP reports solid results amid increased volatility

ICAP plc (LSE: IAP) is world’s largest inter-dealer money broker carrying out transactions for financial institutions. It is also our barometer for the Forex market volatility and volume. ICAP yesterday admitted that its margins were being squeezed because of the need to pay up to keep hold of key moneymakers. Pre-tax profit for the half [...]

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