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Spreads have always been one of the most important things forex traders are looking at when selecting their forex broker. While this is indeed an important aspect of forex trading often enough the importance of spreads is overrated as there are many more things one need to consider before selecting a forex broker and I [...]

Defendant used three websites to solicit customers and misappropriated approximately $280,000 of customer funds.
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) filed a complaint against Helmut H. Weber d/b/a Weber Capital Management (WCM) of Scottsdale, Arizona, charging Weber with operating a fraudulent off-exchange foreign currency (forex) scheme.
The CFTC complaint, filed in the U.S. [...]

Looks like the opposition to the CFTC rules is picking up: Following the creation of Forex Dealers Coalition (www.fxdc.org) by most of US forex brokers, Introducing Brokers, who are expected to be severely hit by the new rules as well, are forming a coalition of their own.
Today, a group of leading Forex Introducing Brokers (IBs) announced the [...]

NFA and CFTC are working to ensure a much more strict compliance is enacted upon traders. As a part of this process NFA would like to make sure that more information is collected about traders and that it is updated frequently.
While not in particularly interesting (just like any regulatory document) this is still something worth [...]

IG Markets, the leading Contract for Difference (CFD) provider, has announced that its Smart Order Routing technology will now be extended to incorporate liquidity from BATS Europe, the operator of an innovative and technology-leading European Multilateral Trading Facility (MTF).
We were the first company of our kind to start working with the MTFs last November, and [...]

Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it charged Willie L. Cloud, Jr. and his investment company, C & R Financial, Inc., both of Houston, Texas, with operating a Ponzi scheme in connection with foreign currency (forex) trading.
The CFTC’s complaint, filed on March 4, 2010, alleges that, since at [...]

FXCM, one of the world’s largest online forex brokers, has introduced a beta version of its mobile trading platform. Available for i-phone, Blackberry, and Windows Mobile phones, FXCM’s mobile Trading Station II provides forex trading anytime and anywhere.*
FXCM Mobile TSII gives traders the ability to keep track of their account (balance, equity, and margin), [...]

StreamBase Systems, a leading provider of Complex Event Processing (CEP) technology, today announced a new partnership with Gain Capital, a global provider of online foreign exchange services, to offer a complete solution for their mutual clients to quickly deploy FX high-frequency trading algorithms.
The deal combines StreamBase’s award-winning CEP platform and with direct adapter to GAIN [...]

On November 17, 2009, NFA issued a Complaint charging IKON with failure to observe high standards of commercial honor and just and equitable principles of trade; and failure to adopt enhanced supervisory procedures.
ANSWER:
On December 21, 2009, IKON filed an Answer to the Complaint in which it denied the material allegations contained therein.
Decision:
On March 4, 2010, [...]

New websites:

Forexkills.com – a new blog by mataf.net’s Arnaud Jeulin. In his humble words: “This is my first post here. I’m Arnaud Jeulin, the owner of Mataf.net. I live in France.I don’t think I will publish more than one or two post per month. I won’t speak about trading here, only about forex industry and [...]