Tag Archives: Brokers

CMS Forex launches infographic and social marketing initiatives

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CMS Forex launched a new marketing initiative for the summer centered on info graphics and social media. Info graphics or information graphics are graphic visual representations of information or data. Given that 70% of forex traders consider themselves beginners (trading …
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Oanda updates FIFO implementation

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Oanda has recently announced a change in how FIFO is implemented on their platforms. FIFO (which stands for first in first out) was implemented in the US by the National Futures Association (NFA) in August 2010. FIFO is a common …
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NFA issues complaint against CMS Forex

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CMS FX might have ceased being a forex broker and transferred clients to Gain Capital, but it’s not out completely. On May 19th, 2011, the NFA Business Conduct Committee charged CMS with failing to implement an adequate business continuity and …
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FXCM's CEO Drew Niv on their new Dow Jones FXCM Dollar Index

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I recently spoke with Drew Niv, CEO of FXCM Inc, the first publicly traded US forex broker (NYSE:FXCM). I had a chance to ask him about FXCM’s latest product: the Dow Jones FXCM Dollar index. We appreciate his comments and …
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SEC investigates State Street FX pricing

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State Street Corporation (company that owns Currenex) is being now investigated by the SEC with regards to its foreign exchange pricing. The issue at hand is the foreign exchange pricing that State Street used when providing custodial services to several …
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Oanda adds more currency pairs

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Oanda is the latest broker to offer new FX products after the introduction of the USD/BRL at Saxo and the Dow Jones FXCM Dollar index. Demand for emerging currencies from retail traders tends to peak during times of uncertainty which …
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E*Trade fined up to $300,000 by Dubai FSA for AML failings

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Much like Saxo being ‘censured‘ by the Dubai FSA for similar procedural deficiencies DFSA just announced that it settled a case with E*TRADE which agreed to pay a $300k fine. It’s odd that both cases, though seemingly identical at first …
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Interview with Metaquotes – Lenar Fatkhullin

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I recently had a chance to interview Lenar Fatkhullin, the Marketing Manager of Metaquotes Corporation – the developer of world’s most popular forex trading platform. I wanted to discuss several things with Lenar – specifically the introduction of MT5 and its …
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Oanda releases "top trader" statistics

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This week Oanda released what they’re calling their “Top 100 Traders Statistics”. Every day, you can see the performance stats of the best traders at Oanda over the past 24 hours. It’s a neat tool As of right now it’s …
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Currensee and FXDD Working Together

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by Nash Wadud. Forex social networking site, Currensee, has announced a joint webinar with FXDD to promote their Currensee Trader Leaders Investment program. This is a good move by FXDD to promote a version of managed accounts to their clients …
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