Interview with Todd Crossland – Interbank FX’s Chairman and President
Interbank FX, is a major US broker, and it is lately growing very nicely outside of the US as well. What I find in particularly appealing in this broker is its emphasis on transparency and social elements in Forex – such as the performance page which shows Interbank FX’s real time performance allowing traders to see actual [...]
Currensee now supports Oanda
Currensee, Inc., the first Forex trading social network connecting traders from around the world based on real-time trades, today announced the first of its kind, real-time support for OANDA utilizing the OANDA API. This secure, automatic connection enables OANDA traders from around the world to join Currensee for free and link their live, OANDA brokerage [...]
FXCM is hosting a Forex Trading Expo in Las Vegas in May
Join FXCM at the Rio in Las Vegas, May 3–4, 2010, for a two-day Forex Trading Extravaganza
FXCM is hosting a forex trading expo in Las Vegas on May 3–4, 2010. This two-day conference includes dozens of educational courses for all levels of trader experience. Central to the expo experience is a course track designed specifically [...]
London Capital Group’s profit falls 46%
Seems that not all brokers share the same surge in volumes and activity that is recently seen across the board (thanks CFTC). Financial services firm London Capital Group Holdings Plc (LCG.L) reported a 46 percent fall in full-year pretax profit due to unfavourable markets, lower interest income and increased costs, and said it will not [...]
5,500 comments on the new CFTC rules – that’s it?!
fxstreet’s Francesc reported that CFTC has received 5,500 comments from brokers and traders. And all I can say is that this is a massive disappointment. I expected US traders to actually act on this proposal and voice out their displeasure. I guess I was totally wrong. If only 5,500 traders out of several hundreds of thousands [...]
TradeFX and Safecap Investments acquire Finexo
Another Forex merger is happening in the forex world as we speak: TradeFX Ltd., Safecap Investments Ltd. and Finexo recently signed a series of agreements, the result of which TradeFX will acquire the global marketing activities of Finexo, a leading Forex & CFD broker.
Finexo, which began operations in 2003, is one of the largest White [...]
FXDD gets EU license, signals new wave of easy regulation
A few days ago FXDD, a large Metatrader broker, has announced that it has been granted licensing by the Malta Financial Services Authority (MFSA) to operate a Category 3 Investment Services company. Malta is a full member of the European Union, and its financial services regulations are fully harmonized with the EU Markets in Financial [...]
Gain Capital refreshes forex.com – much more user friendly now
Gain Capital, the owner of the lucrative forex.com domain, has redesigned its website and it is now much more user friendly. As ‘forex’ is a keyword that EVERYBODY buys and searches for when looking for any forex related content/service naturally forex.com comes up as the first result most of the time. From SEO point of [...]
FXCM scores another East European client: Patria Forex
FXCM and Saxo have been battling it out for the European dominance in the past few years, more increasingly in 2009. Saxo’s battle is lost, if you ask me, despite opening a few Eastern European offices lately. Not only the US brokers should fear the latest CFTC requirements but also their European colleagues – when [...]
Advanced Markets LLC signs a second partner in Korea
It looks like Korea (South Korea obviously) is becoming the new Dubai with more and more firms partnering up with local outfits to offer margin FX trading. I pointed at Korea’s potential as another gateway to mainland China back in May 2009. Until recently the Korean market was all but fully dominated by FXCM with almost all [...]
