Tag Archives: US Forex brokers
As already exclusively announced by Forex Magnates yesterday Gain Capital is acquiring the client base of FX Solutions which is exiting the US forex market. Below is the official statement by Gain Capital, no financial details were disclosed. Updated: FX …
Read more
GAIN Capital seems to be very busy lately: only a few hours ago it announced that it won’t be acquiring LCG and now Forex Magnates sources tell us that it is acquiring the client base of FX Solutions which is …
Read more
As almost every month CFTC released the capital data for US retail forex brokers (and couple of others) showing their capital and the amount of retail forex deposits. Thanks mainly to OANDA and FXCM the total amount grew by $18 …
Read more
Swissquote/ACM too announces that it will no longer be able to accept retail forex traders come July 15th
4
2011
As you probably already know all foreign banks (including Swiss brokers Dukascopy, MIG and now Swissquote/ACM) are now closing down accounts of US traders. These traders will need to close down their positions before July 15th. This is the official announcement ACM …
Read more
Regulation and consolidation in the US market – number of brokers offering retail forex trading plummets 50% in 4 years
20
2011
Having seen two US brokers go public in the last 12 months and many more withdraw and being bought it’s time to see what happened to US retail forex industry sinc regulation became more stringent. Bottom line is that since …
Read more
MB Trading attains FSA registration, all US forex brokers now also regulated elsewhere
17
2011
Just as OANDA did not so long ago, MB Trading too attained FSA authorization and is preparing to launch within few months. In fact, MB attained authorization back in April 2011 while OANDA in May. MB Trading European operations will …
Read more
Following the last year’s approval of Dodd-Frank rules all foreign brokers, who aren’t registered as RFEDs in the US, had to stop accepting US clients. The only exemption was for foreign banks which could continue accepting US clients until July …
Read more
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 …
Read more
IG Markets, the large British forex and spread betting broker, is about to publicly announce its withdrawal from the US market. IG Markets opted to completely withdraw from the United States following latest regulatory and will thus not continue to be registered …
Read more
