Forex Magnates is the home of the Forex Elite providing up to date industry news coverage, commentary and scoops

Ok, so as everyone knows, Forex Factory have just announced that their new Market Data section has gone live. So, what do I think of it? On first impressions, it’s actualy rather impressive. Firstly because, it’s something unique in the forex market, and secondly because I can definitely see this being used more and more [...]

Seems that not all brokers share the same surge in volumes and activity that is recently seen across the board (thanks CFTC). Financial services firm London Capital Group Holdings Plc (LCG.L) reported a 46 percent fall in full-year pretax profit due to unfavourable markets, lower interest income and increased costs, and said it will not [...]

One of the ways that traders can use binary options is as a hedging vehicle. Rather than use only a stop-loss to protect against further loss, we can use binary options. The reason that binary options can be more attractive than stop-losses is that stop-losses lose money when they are hit. On the other hand, [...]

It seems that lately there are plenty of firms entering the forex bridge solutions market. Days when Boston Technologies solely controlled the Metatrader 4 market are either going to be soon to be over or things are going to become a bit more tough on the Boston firm. I hear of at least 3-4 more [...]

Recently InterbankFX have decided to launch their new educational live Q&A, where traders can ask whatever they like. At the head of this new venture is the world-reknowned Raghee Horner, who has been trading and teaching Forex for well over a decade. She has also authored a number of books in this field. Some people [...]

fxstreet’s Francesc reported that CFTC has received 5,500 comments from brokers and traders. And all I can say is that this is a massive disappointment. I expected US traders to actually act on this proposal and voice out their displeasure. I guess I was totally wrong. If only 5,500 traders out of several hundreds of thousands [...]

CMC Markets today announced the launch of Marketmaker Web, an advanced browser-based trading platform, and the Education Zone, an extensive base of trading knowledge and strategies on their redesigned website cmcmarkets.ca. As more investors participate in online trading, they are seeking access to global markets, commodities and Foreign Exchange investing, which are all available at [...]

COMPLAINT: On December 16, 2009, NFA issued a Complaint charging FXT with cheating, defrauding or deceiving another person or attempting to do so; presenting hypothetical performance without required disclaimers and information; failing to submit promotional material prior to first use; failing to provide customers with a disclosure document; and failing to cooperate with NFA. The [...]

Currensee the first forex social platform has raised a huge warchest which should allow it to further expand its services and reach. I expect a huge marketing campaign to start soon as well as couple of new locations to open up. Boston, MA – February 23, 2010 – Currensee Inc., the first Forex trading social [...]

MOUNTAIN VIEW, Calif. — (February 22, 2010) Integral Development Corporation (www.integral.com) today announced FX Inside Alpha™, an on demand solution powerful enough to launch algorithmic trading firms from scratch, or provide existing ones with the key building blocks that they require to get to the next level. An integrated development environment (IDE) included in the [...]