FXCM acquires ODL Group to form world’s largest Forex broker (Updated)
Following months of rumors about a potential acquisition I now got a word that the acquisition was finally completed. FXCM is about to acquire ODL (pending due diligence and regulatory approval) and this merger will form world’s largest retail Forex broker. FXCM has already bought ODL’s US retail business a while ago when ODL decided [...]
eToro upgrades its WebTrader, now includes widgets
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While I’m not a big fan of simplified trading myself I still think that this is an interesting market segment which so far has only been tapped by eToro. Several other players in this niche, addressing this market each from a different angle, are binary option companies such as IG Markets, startoptions and anyoption and [...]
IG Index gets US regulatory approval to offer binaries to FCMs
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Nadex (formerly known as HedgeStreet) is a US regulated futures exchanged and a fully owned IG Group’s subsidiary. Nadex just received CFTC approval to allow intermediated access to brokers. What this means is that FCMs and brokers will now be able to start offering binary options and spread betting contracts to their clients, through Nadex. Now [...]
Binary Options in the Real World: Trading the German Ifo Business Climate Release
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One of the ways that traders can use binary options is as a hedging vehicle. Rather than use only a stop-loss to protect against further loss, we can use binary options. The reason that binary options can be more attractive than stop-losses is that stop-losses lose money when they are hit. On the other hand, [...]
Forex Binary Options – How to use Binary Options to maximize your earnings during a false breakout
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Forex options are becoming more and more popular nowadays among Forex traders as an additional tool for short-term speculations which are based on technical events. Although binaries are still young and suffer from liquidity and hence high premiums, Swing-Traders, Scalpers and Day Traders find the predetermined risk-reward ratio (~70% on trades that are “In the [...]
