Author Archives: Forex Magnates

MMICS Merges with Rival ‘Mill Trade’ as Payments Provider Takes Client Money AWOL

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In a twilight zone moment for the embattled Russian broker, MMCIS CEO announced that owners of ‘Dengi Online’ “have simply stole our clients’ money”, adding that the two firms have always been one and the same.
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Forex Magnates Awards, Where You Get to Choose the Industry’s Best

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The online ballots determining the winners of the only awards in the industry given by peers will be opened in few days, exclusively for the London Summit 2014 attendees. Don’t miss your chance to have your say!
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Yet Another Pyramid Scheme? The ForexInn House of Cards Has Fallen

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As first published by Forex Magnates Russia the broker’s website is no longer operational, amid growing complaints by clients regarding “payment issues” reported both on social media and self regulatory body KROUFR.
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Imperative Focus on the Industry: Forex Magnates’ QIR3 2014 is Launched

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This exclusive research and analysis publication is the most encompassing and in-depth report about the global FX industry available on the market. The new Q3 2014 edition is now on its way to our readers.
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Fintech Panel & Innovation Awaits London Summit Attendees

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We are nearly 40 days away from the Forex Magnates London Summit. Taking a step back from the FX industry and focusing on financial innovation Forex Magnates will be presenting a Fintech Panel at the event.
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Information War Pushes Ukrainian Broker MMCIS into Crisis

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A significant rise in client complaints regarding withdrawals, extensive management changes as well as other factors put the future survival of MMCIS in doubt. Forex Magnates tries to piece the story together and provide a complete picture.
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Who Will Get the CEOs’ Spotlight on Forex Magnates’ Innovation Stage?

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Join the industry’s leading CEOs as they crown the best cutting edge products, launched by both emerging start-ups and key veteran players in the Forex Magnates London Summit’s brand new tech-oriented session.
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Gearing up for London Summit 2014 with the Latest on Marketing & New Products

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Forex Magnates’ London Summit is near and the time has come to reveal some of its choice panels, hosting the industry’s key players to present everything you need to know about trends in the forex space and beyond.
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hyperWALLET partners with MetaBank for card issuing and ACH needs

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US based financial institution MetaBank has signed an agreement with Canadian domestic and international mass payment solution hyperWALLET. The partnership will position MetaBank as hyperWALLET’s second issuing bank, issuing its prepaid branded cards and facilitating its ACH bank transfer needs …
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eBay officially announces Bitcoin support for Braintree merchants

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eBay has officially announced it is taking its first steps into the cryptocurrency space by adding BTC acceptance support to its Braintree payment subsidiary. The announcement comes after rumors and reports of what seemed like an inevitable choice for one …
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