MahiFX successful in bringing down clone site Great-Trade.net

October 26, 2015 BY LeapRate Staff

MahiFX successful in bringing down clone site Great-Trade.net - LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned that ASIC regulated retail forex broker MahiFX has been successful in bringing down the website of clone broker Great Trade. We had earlier exclusively reported on the existence of Great Trade back in August, and of MahiFX's continued attempts to get them offline. The Great Trades website was at great-trade.net,…

October 26, 2015 BY Maria Nikolova

US regulators step up investigation into Deutsche Bank's activities in Russia

Several months have passed since New York’s Department of Financial Services first announced it was examining the activities of investment giant Deutsche Bank AG (FRA:DBK) over suspected money laundering. According to a report by the Financial Times, the US Department of Justice (DoJ) and New York’s Department of Financial Services (NYDFS) are widening the scope…

October 26, 2015 BY Maria Nikolova

Italian regulator warns against social trading network Investocopy

Italy's financial markets watchdog Consob has earlier today updated its list of unauthorized investment companies. Amid the latest additions to the list of such unauthorized businesses is Investocopy Network Ltd (Cipro), a company that offers a raft of social trading and copy trading services, targeting Italian investors. The regulator notes that Investocopy Network Ltd (Cipro)…

October 26, 2015 BY Maria Nikolova

MT5 enables direct payments for virtual hosting, signal subscriptions

After enabling payments for virtual hosting and signal subscriptions directly from the MetaTrader 4 (MT4) platform, MetaQuotes Software is offering analogical capabilities to users of MetaTrader 5 (MT5). The company has announced that payment for virtual hosting and trading signal subscriptions can now be done directly from MT5. Traders can pay from their bank card…

October 26, 2015 BY LeapRate Staff

TradeSocio unveils marketing automation and analytics platform for forex and futures brokers

Marketing software provider TradeSocio has announced the launch of a first-of-its-kind marketing automation and analytics platform designed specifically for forex and futures brokers. The platform analyses traders’ behaviour, allowing brokers to automatically send targeted messages to individual traders at the optimal times. TradeSocio’s new marketing platform provides brokers with a suite of tools to increase their demo-to-live…

October 26, 2015 BY Maria Nikolova

MXT Global gets rebranded to Vantage Prime, moves retail clients to Vantage FX

Australian investment firm MXT Global, which in June 2014 sealed a strategic partnership with Vantage FX, has just announced that it is being re-branded to Vantage Prime. All Forex trading account holders with MXT Global will be migrated to Vantage FX. Vantage FX will focus on providing services to MXT Global's retail client base while…

October 26, 2015 BY Maria Nikolova

FBS opens new office in Kuala Lumpur

FBS Markets Inc, a Belize-registered Forex broker which focuses on clients in Asia mostly, on Friday announced the addition of one more representative office. This time the company has secured a representative office in Kuala Lumpur, Malaysia, marking the 12th international office for the broker. The address of the new office is: 18-3A Cascade, Jln…

October 26, 2015 BY Maria Nikolova

MB Trading says FX accounts migrated to TradeKing

A follow-up on the topic of MB Trading's acquisition by TradeKing... MB Trading has announced that it stopped directly supporting Forex trading on Friday, October 23, 2015. As a result, MB Trading Desktop Pro forex accounts were migrated to the TradeKing ForexTrader platform. MB Trading MetaTrader 4 Forex account balances were moved to a new TradeKing…

October 26, 2015 BY Mike Fox

Interview with UK broker XTB's new retail Forex head; MetaQuotes opens Tokyo office; FXCM in trouble in France? – Forex Weekly Look Back

A look back at some of the most intriguing and popular Forex industry news stories from the week prior at LeapRate. To make sure that you receive timely access to all LeapRate news throughout the week, sign up to our Forex Industry Newsletter Email… Be sure to check out last week’s featured stories as well…

October 26, 2015 BY LeapRate Staff

High-frequency trading and dark liquidity not adversely affecting markets: ASIC

Australia financial regulator ASIC has published the results of two studies it had commissioned on high-frequency trading and dark liquidity - two very controversial topics of late in financial trading - and the results will likely surprise a lot of people. ASIC has concluded that financial market users have become better able to operate in…