Retail Forex
Dear Readers, Many of you have been avidly following this blog and the numbers grow every month. You have probably noticed by now that this blog is unlike any other. This is why it is a first read material for …
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Another week another Ponzi scam: CFTC Charges Charlotte, North Carolina Couple Sidney and Charlotte Hanson and their Companies with Operating a $22.5 Million Foreign Currency Ponzi Scheme
10
2009
Looks like we can’t have one quiet week without Forex Ponzi scams uncovered. We had plenty of these in the US, some in Australia and even in Vietnam. Now the regulation watchdog has uncovered another one: Investors’ money allegedly used …
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2009-08-07: Forex Magnates Weekly Updates – Alpari, MB Trading, more Ponzi scams
7
2009
FXwells is a new forex rebates program. Introduces Forex.com, ACM, NordMarkets, Dukascopy, City Credit Capital, Spreadco and GNI Touch. MB Trading Holdings, LLC announced that it has acquired ownership of The Wizetrade Group. The Wizetrade Group introduces novice investors to the basics of the markets and trading …
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Just a brief post going into the NFP data release in 70 minutes. EUR/USD has been in a very small range since yesterday afternoon; the coil is being wound up and getting ready to spring. I was thinking this morning …
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If you remember, I posted an article about ThecollectiveFX a while ago. I had the chance to talk to one of the founders – Gary Slingo – and it was probably their first public interview. TheCollectiveFX is a peculiar company …
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Only yesterday I reported about an ongoing investigation of an alleged Forez Ponzi scheme in Saratosa, US and today one of our readers brought the existence of another investigation to my attention – this time in Australia (thanks fxboy). The …
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A Comparative Study of Emerging forex Markets: Russia, India and South Africa are the most mature
6
2009
Russia, India and South Africa were the most mature of 14 emerging forex markets studied, using data from the last (2007) BIS survey of central banks. They each scored more than 50 on the Market Maturity Index (MMI), suggesting they …
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Couple of weeks ago Herald Tribune reported that a Saratosa company Diamond Ventures LLC is being the subject of both lawsuit by disillusioned investors and an FBI and CFTC investigation. Both the father,Diet guru Harvey Diamond, who wrote “Fit for …
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Just like the Phoenix rising from the ashes so might be the owners of Crown Forex, which is now in liquidation process. There has been much rumour going on that the owner of Crown Forex might also be the owner …
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Each month the CFTC issues a report with the financial data for Futures Commission Merchants (FCM). Each month I’m tracking the change in net capital of the reporting brokers, as well as who the surviving brokers are. Last month most …
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