March 02, 2016 BY Maria Nikolova

New Zealand's FMA warns against Forex firm TigerWit

New Zealand’s Financial Markets Authority (FMA) has earlier today updated its list of “Businesses to be wary of”, with the latest addition being TigerWit Prime Limited. TigerWit operates via www.tigerwit.com, offering various Forex trading services. The company purports to have an address in New Zealand and to be a registered financial services provider. The FMA…

Read more
March 01, 2016 BY Maria Nikolova

Questrade partners with market research and analysis expert MotiveWave

Less than a month after Canadian provider of online trading and investment services Questrade announced its partnership with Profit.ly, it announces a new addition to the Questrade partner centre. The latest addition is MotiveWave, a desktop research app packed with various tools for active traders. Currently, this application has more than 300 built-in trading strategies,…

Read more
March 01, 2016 BY Maria Nikolova

ICE appoints David Farrell as COO of ICE Futures US, Hester Serafini joins as ICE Clear US COO

Operator of international exchanges and clearing houses Intercontinental Exchange Inc (NYSE:ICE), which earlier today confirmed it was considering an approach for London Stock Exchange Group Plc (LON:LSE), has just unveiled a couple of management appointments. ICE announced that David Farrell, Senior Director, Global Soft Commodity Operations, has been promoted to Chief Operating Officer (COO) of…

Read more
March 01, 2016 BY Maria Nikolova

Swiss FINMA adds Forex firm TradingBanks to Warning List

Switzerland’s Financial Market Supervisory Authority (FINMA) has earlier today updated its Warning List, with the latest addition being Forex broker TradingBanks. The company, operating from https://www.tradingbanks.com, purports to have an address in Belize (previously, it claimed to have an address in the BVI). However, in December last year, the International Financial Services Commission of Belize…

Read more
March 01, 2016 BY Maria Nikolova

Forex.com Japan to change maximum leverage on MT4, FOREXTrader

Forex.com Japan, or GAIN Capital Japan Co., Ltd., a subsidiary of Gain Capital Holdings Inc (NYSE:GCAP), has announced pending changes to maximum leverage levels for corporate accounts for the MetaTrader 4 (MT4) and FOREXTrader platforms. Effective May 31, 2016, the maximum leverage on such accounts will be cut from 200x to 100x. The broker notes…

Read more