Feb 8 2010

NFA cracks on several CTAs: CFS Capital, Capital FX and ACJ Capital

With all the 1:10 leverage turmoil happening lately we shouldn’t forget that NFA/CFTC are the only retail forex watchdogs in the US. From time to time the agencies perform well in uncovering forex frauds and in shutting down problematic businesses.
A few days ago NFA cracked on quite a few CTAs which lost millions of clients [...]

Aug 7 2009

2009-08-07: Forex Magnates Weekly Updates – Alpari, MB Trading, more Ponzi scams

FXwells is a new forex rebates program. Introduces Forex.com, ACM, NordMarkets, Dukascopy, City Credit Capital, Spreadco and GNI Touch.

MB Trading Holdings, LLC  announced that it has acquired ownership of The Wizetrade Group.  The Wizetrade Group introduces novice investors to the basics of the markets and trading fundamentals using software products and hands on training. Wizetrade delivers much of this training through its [...]



Note: Copyright © 2009 Forex Magnates. All rights reserved.
All materials contained on this site are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of Forex Magnates. You may not alter or remove any trademark, copyright or other notice from copies of the content.
All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at Forex Magnates are those of the individual authors and do not necessarily represent the opinion of Forex Magnates or its management. Forex Magnates has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by Forex Magnates, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. Forex Magnates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "Forex Magnates Inc. - Home of the Forex Elite" All Rights Reserved.