Leverate's LXSuite Venture Edition comes with no set-up and no monthly fees. After about two years of slowing global forex industry trading volumes, bringing about forex industry consolidation and fewer forex company startups, the 2013 resurgence in Forex trading volumes has brought with it a major reversal -- and the re-emergence of many new Forex broker…
Read moreAlpari does more than half of all its forex volumes in Russia and the CIS. Global forex broker Alpari Group has made an interesting (and only partial) disclosure of its first half and Q2 volumes. Alpari indicated that in Q2 volumes from Alpari Russia averaged $135.3 billion per month, and $131.4 billion for the full…
Read moreFXall parent Thomson Reuters also has a nice month, with its best FX volumes in over a year. Forex ECN FXall, and its still-separately-run parent Thomson Reuters FX, each reported a nice month for forex volumes in June. FXall had its best ever month at $123 billion average daily volume -- up 14% over May…
Read moreWith the Swiss National Bank keeping its 1.20 CHF per € cap, thereby killing CHF volatility, Swiss Forex brokers look to other products. Leading Swiss retail forex broker Swissquote, a member of LeapRate's Approved List of global regulated forex brokers, has added the Chinese Yuan (USDCNY), Brazilian Real (USDBRL) and Indian Rupee (USDINR) forex pairs to…
Read moreCyprus firms continue to reposition and rebrand away, although other forex brokers continue to flock to the country. LeapRate has learned that Cyprus-based and CySEC-regulated forex broker Liquid Markets (previously Tadawul FX) has opened a new office in London. The move comes after Liquid Markets' regulator CySEC granted permission to the company to operate in the…
Read moreHow does Plus500's proposed IPO compare with existing forex industry public market valuations? LeapRate Exclusive.... The past two weeks have seen some extraordinary IPO activity in the retail forex industry. After more than two and a half years of quiet -- FXCM and Gain Capital (Forex.com) were the last two forex brokers to go public,…
Read moreMartin Wheatley, FCA CEO, declares that the FCA is 'a very different animal' than its predecessor the Financial Services Authority (FSA). Today (Tuesday July 9) marks 100 days since the UK's Financial Conduct Authority (or 'FCA') came into being, replacing the Financial Services Authority (or 'FSA') as the main financial regulator in the UK, including…
Read moreInvestment Trends research confirms our recent reports -- that the US forex industry is getting smaller, and more concentrated. Australia based forex industry research firm Investment Trends has just come out with their US forex market report for 2013. Most of the key findings of the report will be familiar to our readers, with perhaps…
Read moreAustralia's leading Forex broker is main beneficiary of stricter Forex regulations down under. LeapRate Exclusive... LeapRate has learned that AxiTrader, Australia's largest retail forex broker and a member of LeapRate's Approved List of regulated global brokers, saw its June forex trading volumes rise 26% over May to come in at $70 billion. AxiTrader's best-ever month…
Read morePlus500 hopes to raise $50 million, at a company valuation of about $225 million. UK/Cyprus based CFD broker Plus500 is not wasting much time on its planned IPO. The company will be hitting the road to meet with potential investors this week and next, before planning to price its IPO on or around Tuesday, July…
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