Forex Magnates is the home of the Forex Elite providing up to date industry news coverage, commentary and scoops

by Oz Golan, Tradency. FxPro recently unveiled a huge three-year deal with the Premier League Aston Villa Football Club as a Commercial Partner, beginning in July 2010. Villa refused to reveal the exact amount, but confirmed it was more than the previous record £10 million three-year deal with Nike. This deal was followed by other high-profile [...]

While most brokers choose 3rd party liquidity aggregation solutions such as Integral or Currenex some brokers prefer to develop their own liqudity aggregation services. I’m not sure what is the rational behind that as 3rd party liquidity aggregation providers with years of track record should be much more professional than any retail broker, no matter [...]

Bulgarian based Deltastock, a fairly large broker in East European standards, has just announced that it launched its own ECN/STP service. Although the press release and the website are full of misrepresentations such as “the first true ECN/STP solution for retail clients” and enigmatic statements such as “It must be kept in mind that Deltastock remains [...]

Every few months you can find alarming reports in the Russian press about the Russian Federal government regulation authorities who aim to put a stop to Forex trading. A regulatory body called Federal Service for Financial Markets (FSFM) is threatning time after time to cease Forex operations in Russia. We’ve seen this about a year [...]

It seems that South Korea is now a major focus for large US Forex brokers who battle between themselves to offer margin FX partnerships to local financial institutions. Up until a year ago Korean market was fully controlled by FXCM (pricing and IBs) however lately the situation significantly changed. Moreover, Korean officials announced plans to [...]

This is the first online retail forex volume survey report for 2010. Last report was released in August and estimated $118 Billion in daily traded volume. Many things happened since and I made a few important changes in the current survey: First and foremost I removed Gaitame – Japan’s largest broker from the list mainly [...]

FXOpen, the broker which only recently launched the ECN PAMM service, has announced that the results are now live and available to the general public. (PRWEB) January 28, 2010 – FXOpen Investments Inc., one of the world’s largest brokers and a worldwide leader in Metatrader Technology, has just announced the release of another exciting feature – [...]

FXOpen, which recently launched the MT4 ECN platform, has now structured a much more formidable strategic partnership with Dukascopy. This forms an interesting partnership between one of the largest institutional Forex brokers and one of the largest retail Forex brokers. Dukascopy is by far the largest European broker. While Dukascopy is a very known ECN [...]

FXOpen, the first company to offer MT4 ECN trading solution is now offering this solution to potential White Label partners or even as a stand-alone solution. FXOpen’s innovation was later followed by MB Trading which also introduced its own MT4 ECN however FXOpen has managed to introduce both PAMM accounts and decimal lot trading which [...]

FXIntel.com, a recently launched site (still in Beta), provides a very interesting tool that allows traders (and brokers) to compare live spreads from various brokers. The Live tool allows you to monitor broker performance by tracking down their rates for various currency pairs over a time span of a few hours and up to one [...]