Retail Forex
Russian forex regulation, which is pending for more than 4 years since the first public conversations about it took place, may now be approaching the final stage: government approval. As usual there’s no official statement from the government except an …
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NFA takes member responsibility action against FXDD, tries to force it to pay clients $3.3m before guilt is proven
8
2012
It seems the NFA has been quite busy this week. After destroying GFT, one of America’s most respectable and stable brokers (more details from us in few days), its attention then moved to its favorite target – FXDD. Ever since July 2012, …
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After not sleeping for about 36 hours the key employees at Gain Capital and GFT managed to complete a smooth accounts transition and now GFT’s clients can continue trading using same platforms but with Gain Capital being the counterparty. The following …
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GFT announced to their clients on Monday that they are shutting down the US (and Japan) business and put out a notice on their website. The company also later announced that it will transfer accounts to TD Ameritrade however this …
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The CFTC has announced that Forex Capital Trading Group, Forex Capital Trading Partners, and Highland Stone Capital Management were charged by a US District Court for running a fraudulent forex scheme and ordered to pay $1.8 million. The defendants were …
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Along with most of the industry, GAIN Capital’s Q3 earnings release revealed steep declines versus 2011 levels. Low levels of FX market volatility were cited as the main driver of the weakness in GAIN’s results. Highlighting the positive though, the …
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GMO Click securities, the world’s largest retail forex broker by volume had another great month in November. Overall FX volumes at the Japanese broker were 8.4% higher to $384 billion for the month. GMO’s OTC FX unit registered $375.7 billion …
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Tradency has just announced that it has expanded its presence in the Cyprus forex market, and has partnered with four new brokers. The brokers include Hot Forex, XEMarkets, FX Pulp, and United World Capital. With volumes lower and more competition …
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Presenting at the Startup Elevator Pitch program during the Forex Magnates London Summit was a collection of pure startups along with industry veterans showcasing new products from established companies. Of those on the side of a pure startup was London …
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From a ‘funny if it wasn’t so sad’ story that came out of Russia: In Kalmykia (region in Russian) three people were arrested for kidnapping a programmer who developed a successful forex trading program. The 3 Chechen citizens were detained at a …
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