Traders

eToro launches GuruFinder – allows enhanced performance search

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eToro right now is launching its new GuruFinder which is basically an enhanced searching and performance measuring capability for its OpenBook trade-copying forex social network. eToro’s OpenBook allows easy and quick trade-following where traders can monitor and eventually follow successful …
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Canada’s FX volumes slump in October 2011

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The summer volatility helped boost trade volumes however Canada’s Foreign Exchange Committee announced shocking results for the world’s tenth largest economies FX trade volumes. Total average daily turnover in traditional foreign-exchange products in Canada dropped by 14.4% to $52.4 billion in …
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FXstreet to manage advertising of FX Bootcamp

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It’s interesting to see FXstreet exercising horizontal expansion by capturing small-medium forex websites looking for someone to manage their advertising inventories. FXstreet started this by partnering with myfxbook and then forexcrunch and fxtimes - these three sites generate almost 5 million monthly pageviews. …
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Illegal Pakistani FX broker ‘beats up’ authorities

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Five members of Pakistan’s Federal Investigation Agency were brutally beaten by members of a Forex Exchange trading firm in the countries financial capital of Karachi. The law enforcement officers were conducting a visit to the broker who is alleged to …
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Forex Factory releases interactive chart combined with Calendar and News

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Forex Factory is stepping up its development efforts lately in order to regain its status as world’s largest forex website. In Q2-3 2011 FF suffered from decline in traffic however managed to regain most of the drop in Q4 as seen in the latest media survey published in the Forex Magnates Q4 2011 Industry Report.
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Forex Magnates launches new design and a comprehensive Forex Directory

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Forex Magnates has gone through a major change over this weekend with the launch of its new design, the launch of Forex Magnates Directory and migration to new servers. This represents perhaps the biggest change Forex Magnates has undergone since …
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Plimus to stop processing forex related products

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Plimus is one of the largest processing and affiliate networks on the internet. Plimus rivals Clickbank, the biggest affiliates processing network, in processing various e-commerce digital products like ebooks, games, mobile apps and more. Those networks rival the large number of affiliate that use their services to further promote products offered through their sites.
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Who wants to be a Forex Millionaire

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Trading Point, a Cyprus based broker claims they have paid out $1 million to a client who deposited $25,000 a couple of months earlier.
It is apparent that trader Chris Wheeler an experienced trader started trading with the broker with twenty-five thousand dollars in July 2011, and made request for a withdrawal of one million US dollars in September.
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myfxbook launches a spreads comparison engine

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We reported about this trend almost two years ago here as we’ve noticed an influx of sites with various spread comparison engines. One of the first to enter the market was FX Intelligence which managed to place itself on several broker websites like MB Trading’s and others. The conclusion two years ago was this:
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Japan: Tokyo Financial Exchange volumes Dec and total year volumes 2011

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The total trading volume of Exchange Forex Margin contracts (Click 365) was 7,233,569 decreasing 24.8% in comparison to that of the prior year comparable month, and decreasing 31.3% in comparison to that of the prior month, and the average daily trading volume was 328,878.
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