October 17, 2013 BY Gerald Segal

LeapRate Forex Fraud Watch – Australia’s ASIC bans “Aussie Rob” and his trading software

Robert Lloyd Wilson aka 'Aussie Rob' claimed up to 120% returns from his Lifestyle Trader software; but there's more... Australian's financial regulator ASIC has issued a statement informing the public about the participation of Mr. Robert Lloyd Wilson also knows as "Aussie Rob" in a rather outrageous misleading and deceptive marketing practice soliciting customers to…

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October 17, 2013 BY Gerald Segal

FxPro joins social and copy trading wave with SuperTrader

SuperTrader requires trade leaders to undergo a strict application process including interviews and strategy testing. Leading forex broker FxPro, a member of LeapRate's Approved List of global regulated forex brokers, announce today the formal launch of its own in-house social and copy trading platform, SuperTrader. FxPro admits to being more conservative and careful than many other…

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October 17, 2013 BY Gerald Segal

Plus500 shares (LON:PLUS) soar after Q3 results update

Plus500 Q3 revenues were nearly double last year's, although down from first half 2013. Shares of publicly traded broker Plus500 (LON:PLUS) have soared by 17% this morning on the London Stock Exchange after the company released a trading update for the 9 months ended September 30. Plus500 also reaffirmed guidance for the full year. Plus500…

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October 16, 2013 BY Gerald Segal

FXCM reports a 10% drop in September volumes, to $466 billion

FXCM's lowest retail forex volume metrics of 2013 offset somewhat by continued strong institutional sector. Leading retail forex firm FXCM, a member of LeapRate's Approved List of global regulated FX brokerage firms, announced surprisingly low September volumes -- $285 billion retail and $181 billion institutional. September marks the first month this year that retail forex…

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October 16, 2013 BY Gerald Segal

X Financial Solutions launches new white label creator tool wlCreator

wlCreator allows forex brokerages to create branded white labels in a matter of minutes. Leading FX platform provider X Financial Solutions has announced the introduction of a new white label creator tool called wlCreator. wlCreator offers a simple, intuitive approach that enables brokers, banks and liquidity providers to create their own branded white labels for…

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October 16, 2013 BY Gerald Segal

Twitter chooses NYSE over Nasdaq, greymarket value and volumes rise

Twitter IPO targeting November 15 to begin trading as Twitter prepares for an end-of-October investor roadshow. Twitter has issued an update to its IPO prospectus, and in it surprised many in the financial world by selecting to list its shares on the New York Stock Exchange (NYSE:TWTR) over Nasdaq. Nasdaq is home to many if…

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October 16, 2013 BY Gerald Segal

TradeSlide adds cTrader functionality, upgrades trade leader ranking system

TradeSlide continues its march towards becoming the industry standard for measuring traders' performance. Starting today the trading performance tracking website TradeSlide is updating their service with some fresh functionality released by their Quant & IT Lab. The company aims to be a facilitator for participants in social trading / copytrading platforms and assist traders in identifying…

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