Brokers

LCG’s COO, John Jones Resigns after 12 Months Service 

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LCG has announced that its Chief Operating Officer has left the organisation. The broker-dealer reported that John Jones’ resignation will take immediate effect, the firm’s share price was down 3.16%. 
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After Going West to the US, Liverpool Goes East as InstaForex Becomes Asia Sponsor

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In a two year, multi-million dollar deal, InstaForex becomes an official sponsor of English Premier League Liverpool FC. The sponsorship allows InstaForex to promote Liverpool in the Asia and CIS markets.
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Alpari Launches “Not Investment Advice” Investment Advice for Stocks

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The Russia-based global broker is now offering an “Investment Ideas” section on its website advising clients how to make profitable investments on Alpari’s Structured Products financial instruments.
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Monex Q1 Fiscal 2015: Global FX Revenue Halved, Total Revenue down 43% YoY

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Monex Group’s US business continues to be in the red, while YoY revenues from Japanese equities trading are taking a big hit due to the one-off rise last year, Japanese business now accounts for 63% of total revenues.
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YJFX Named Best Japanese Broker in Forex Magnates’ Tokyo Summit 2014 Awards

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the Industry’s Leading event reached its big finale, as best performing FX brokers stepped up to the podium to receive their Forex Magnates Award. See you in London 2014, with more invaluable content and networking.
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AvaTrade Acquires Australian Customer Book of YouTradeFX

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AvaTrade has confirmed that its Australian subsidiary, Ava Capital Markets Australia Pty Ltd has acquired the Australian customer book of YouTradeFX.
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NFA Slams the Door on ILQ on Its Way out from the US with Massive Fine

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After ILQ already dropped its Retail Foreign Exchange Dealer License in April, the NFA now placed a permanent ban from membership on the firm and orders it to pay a fine and restitution of about $350,00.
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Trying to Sue Your FX/CFD Broker? In Israel It Might Cost You Dearly

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The Tel Aviv District Court rejected an Israeli trader’s claim that Atrade, a local subsidiary of AvaTrade, profited from client losses and fined him NIS 75,000 to pay the broker for compensation.
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In Forex Magnates’ Tokyo Summit 2014, the Whole Is Greater than Its Parts

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New opportunities and horizons arise within a sense of a business community after the first bustling day is behinds us, as the Tokyo Summit offers its synergy and attendees engage in vibrant discussions.
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TradeNext Partners with Derby County FC as It Forays into Sports Marketing

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The UK-based FX and CFD brokerage firm has entered into a partnership agreement with the veteran Premiership team, aiming to strengthen its financial literacy program amid traders and Derby’s supporters.
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Digital Currencies

Expert Articles

Startups & New products

Bug Bounties Pay as CrowdCurity Scores $1M in Tim Draper Led Venture Funding Round

In January, Forex Magnates covered web security firm CrowdCurity. Following traction of their offering, CrowdCurity has announced that they have received $1 million in a...

Litecoin falling hard, cracks $7, threatening new 2014 lows

After a few weeks of quiet, Litecoin (LTC) has resumed its lengthy fall, once again breaking through the $7 mark to $6.97 minutes ago. Litecoin has...

Blackcoin resumes slide, approaches key 0.125 mBTC level

Blackcoin (BC) resumed its slide after getting a boost one week ago, when it broke its earlier slump and spiked 30% in less than 24h....

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How Do I Know What The Right Leverage Is For Me?

When trading fx, you can benefit from something called leverage, which is a concept widely applied in the fx market to enable you trade larger...

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Are Binary Options A Form Of Gambling?

Whether Binary Options are gambling is a question asked far and wide, asked by traders, brokers, regulators, and other interested parties - so let's settle...

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In Lean Times, Which Marketing Tactics Are Necessary For Brokers?

When volumes are down, a lot of brokers stop spending on marketing. It makes some sense because when volumes are down, volatility is down, however...

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New Product Spotlight

Screenshot of IBM Stock in Options Master

PFSOFT Upgrades Protrader with New Option Master Tool for Stock Options

The new Option Master tool complements the multi-asset aspect of PFSOFT’s Protrader platform, equipping stock options traders with the same functionalities as futures, stock and forex trading offer.
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Copy Trading Update: Tradency Integrates Mirror Trader with cTrader

cTrader continues its expansion into the copy trading space as only a few weeks after Myfxbook, Tradency comes to the fray, with full integration of the platform into its Mirror Trader social trading solution.
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