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Tag Archives: Forex

The first B2B Google @ iFXEXPO with ConversionPros Forex event!

Mar
13
2012
Posted by Michael Greenberg in Brokers
1 Comments

I’m very happy to announce the launch of the first forex B2B Expo hosted by Google and ConversionPros. Taking place in Cyprus at the end of May 2012 iFXEXPO is the event for all forex providers and brokers to meet …
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eToro officially announces a $15 million financing round

Mar
13
2012
Posted by Michael Greenberg in Brokers
3 Comments

We broke these news on Sunday – eToro just completed another financing round, however this time it’s a very large one. This perhaps is the largest round for a forex start-up to date. I had the chance to ask Yoni …
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City Credit Capital settles with the CFTC for accepting US forex clients

Mar
12
2012
Posted by Michael Greenberg in Brokers,Regulation
2 Comments

City Credit Capital (CCC) became now the latest broker to settle with the CFTC for accepting US clients. On March 2012 Windsor Brokers settled, preceded by Enfinium, FXOpen and InterForex. Federal Court in Illinois Orders City Credit Capital, (UK) Ltd. to Pay $140,000 …
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CBI raids Indian FX ponzi scheme

Mar
12
2012
Posted by Adil Siddiqui in Regulation
0 Comments

India’s finanial crime unit have raided the residence of a senior police official in connection with the multi-crore (million) Pazee Forex Trading case scam. CBI sleuths raided the residence of Pramod Kumar, Inspector General of Police (Armed) at the SAF …
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DGCX keeps growing – February volumes up 147%

Mar
12
2012
Posted by Michael Greenberg in Executing Venue
0 Comments

Overall monthly volumes on the Exchange total 519,222 contracts, valued at $21.92 billion DGCX registers highest ever overall daily volume of 39,034 contracts on 29 February Indian Rupee futures set monthly and daily volume records Dubai Gold and Commodities Exchange …
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Metaquotes update causes havoc over the weekend

Mar
12
2012
Posted by Michael Greenberg in Software Developers
0 Comments

Metaquotes made an automatic update to its Manager API over the weekend, although the change was scheduled for June 1st, which caused havoc to Metatrader brokers and providers worldwide. Any provider/broker who was using the old Manager API or who …
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2 more Turkish brokers obtain full forex license

Mar
12
2012
Posted by Michael Greenberg in Brokers
0 Comments

Last week three Turkish brokers obtained the first ever full forex license granted by the CMB: Integral Securities (former Ulukartal Forex) İş Yatırım (İş Bank owned broker) Turkish Yatırım (Turkish Bank owned broker) Two more now have obtained such as …
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eToro raises more cash

Mar
11
2012
Posted by Michael Greenberg in Brokers
5 Comments

eToro completed another financing round just now. eToro’s latest round was in January 2011 when it raised $8.3 million from Spark Capital (and others) and simultaneously launched their Gurus program (called Market Leaders back then). eToro’s OpenBook is a pretty popular forex …
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Saxo Bank to open up in South Africa

Mar
9
2012
Posted by Michael Greenberg in Brokers
2 Comments

After reporting solid 2011 results and performing the first fx mobile trade while BASE jumping in South Africa, Saxo Bank will open its first office in the region. Our sources in South Africa tell us that Saxo Bank will use this weekend’s …
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Ava FX offers online trading course via Groupon

Mar
9
2012
Posted by Michael Greenberg in Brokers
3 Comments

Now this is some brilliant marketing. Ava FX offers a 96% discount on its Online Trading Course making it probably the first fx offering on Groupon. This way Ava FX taps the large Groupon clients base and also reaches completely …
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