LeapRate recently spoke with Dmitriy Petrenko, the founder of FXBackOffice, a newer entrant in providing CRM and office management solutions for brokers worldwide. Founded in 2016, the company has established a very strong customer base. FXBackOffice combines CRM, client admin, and partnership management all in one, and is compatible with both MetaTrader and cTrader, and…
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The Board of the Cyprus Securities and Exchange Commission (CySEC) has informed the public that, at the meeting held on 13th November 2017, it has decided to impose a total administrative fine of €138.000 to CIF ICFD Ltd for non compliance with several issues (see below). ICFD Ltd operates the iForex Retail FX brokerage brand.…
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Digital currencies have some challenges if they are ever to actually replace the fiat system. It’s true that more and more crypto-friendly merchants and businesses are popping up around the world, but with that comes significant regulatory backlash.
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The Financial Conduct Authority (FCA) has today announced that it is seeking views on how technology can make it easier for firms to meet their regulatory reporting requirements and improve the quality of the information they provide. The FCA regularly explores how technology can make its regulations more efficient and reduce the regulatory burden on…
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Clearly, the most seminal moment of the past five years in the Forex trading industry was January 15, 2015. Often still referred to in currency trading circles as Black Thursday, 15/01/2015 was the day that the Swiss National Bank decided to surprise the markets by stating that it would no longer support the Euro against…
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FX liquidity and prime brokerage services provider IS Prime has announced that it has hired Shuyi Yang to its Hong Kong office. Ms. Yang has been appointed Vice President Sales, North Asia for IS Prime Hong Kong, part of the ISAM Capital Markets group. She will report directly to Will Robbins, Head of Asia. The…
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Retail Forex broker Alpari just announced that it is introducing new language to its website - Korean. myAlpari, in addition to other key services, is also available in Korean. The Korean version of the broker's website will be launched in the coming days, allowing its Korean clients to receive complete and up-to-date information in their…
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The Commission de Surveillance du Secteur Financier (CSSF) has just issued a warning of the activities of an entity named VBM Capital Partners, operating at website: www.vbmcapitalpartners.com. The company claims to be established at 27 avenue Monterey, 2163 Luxembourg. The CSSF informs the public that VBM Capital Partners is unknown to it and that the…
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Forex and CFD provider AvaTrade just announced that it is adding 2 high-profile cryptocurrencies to its selection of 250+ financial instruments. Bitcoin Gold and EOS have recently become the go-to instruments for traders across the globe and are now available on the AvaTrade platforms at optimal trading conditions. Along with these new additions, AvaTrade has…
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Sharpay is a new share and multi-share button for websites with blockchain-based rewards of content promotion for users. Multisharing is an opportunity to share content in several social networks in one click. Users receive rewards for sharing or visits of other users via the shared links. This means conversion growth for sites and comfortable sharing…
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