Tag Archives: retail brokers

FXCM Reports Monthly Metrics for March 2011 – volume up 26%

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NEW YORK, Apr 14, 2011 FXCM Inc. (NYSE: FXCM) today announced certain key operating metrics for March 2011 for its retail foreign exchange business. This time the report also includes an interesting fact such as percentage of volume coming from …
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CFTC Charges Lyndon Lydell Parrilla and Green Tree Capital, with Fraud in Multi-Million Dollar Forex Scheme

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Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it charged Lyndon Lydell Parrilla and his company, Green Tree Capital, both of Woodland Hills, Calif., with operating a fraudulent multi-million dollar foreign exchange (forex) scheme since …
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Currensee raises $4 million to fuel its expansion and development

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Currensee, the very first forex social network, has just announced that it raised additional $4 million to fuel further expansion and product development. Currensee until today doesn’t have too many competitors in this space which allows it to take its …
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TradeStation Forex launch – an interview

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Following Tradestation Forex’s launch I thought it would be interesting to ask TradeStation several questions regarding this launch. Below is the result of a very short interview: Why are you entering this market and why now? The reason for entering …
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FXstat launches Tradebook – its own trade-following feature

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FXstat, the rapidly growing forex social network, has announced several new features, the most important of which is Tradebook – which similarly to Currensee and eToro’s networks allows traders to follow other traders mirroring their trades. Tradency and Zulutrade are two large …
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FxPro to sponsor the Asian Football Confederation (AFC) Champions League

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FxPro just announced that it is going to sponsor the Asian Football league and it is interesting not only because it’s the fourth footballing team/venue that the broker is sponsoring (I bet Denis is an avid football fan) after Fulham, …
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Class action suit against FXDD is dropped

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I just had a chance to speak to FXDD who informed me of the following: Morgan and Morgan Business Trial Group, who filed a class action suit against FXCM and FXDD less then two months ago, have just withdrew their …
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Tradestation Forex's official launch announcement

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As already announced here on Forex Magnates a week ago TradeStation now has its own Forex regulated subsidiary in the US called TradeStation Forex. I believe it only has about 1,000-2,000 pure forex trading accounts which is not much but …
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US forex brokers regulatory capital report for February 2011

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Updated: inserted 40% of inactive accounts factoring element to better calculate the average US account balance size. As every month US forex brokers publish their regulatory capital report as well as their clients’ capital figures. Results for February 2011 versus …
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