Record retail forex volumes have caught the eye of stock market investors – and they are snapping up FX broker shares. LeapRate Exclusive..... Our recent reporting on the record retail forex trading volumes being achieved by FX brokers around the world has indeed been noticed by the Wall Street and London City crowds. Over the first…
Read moreLeverate's new HTML5 upgrade for Sirix is focused on further integrating social trading, and opening up Sirix to third party apps. FX Platform provider Leverate has announced the launch of its fully-redesigned Sirix Web trading platform, built from the ground up in HTML5. Sirix Web requires no download, and is fully integrated with each broker's trading platform (MT4), brokerage website,…
Read moreCollazo and his companies concealed trading losses, and misappropriated client funds for personal uses. The CFTC has obtained a federal court order requiring defendants Angel F. Collazo (formerly of Puerto Rico) and his companies, ACJ Capital (ACJ) and Solid View Capital LLC to pay $843,444 in restitution plus a $750,000 civil monetary penalty for fraudulently…
Read moreMetaQuotes blocking of Myfxbook on their servers had forced Myfxbook to stop offering an account Auto Update option. Forex social network and copy trading platform service Myfxbook has continued to defy MetaQuotes stated plan to ban third party copy trading software from accessing MT4 accounts. On its website blog, Myfxbook wrote that it was reinstating…
Read moreGain Capital institutional volumes now rival those of smaller Forex ECNs. Similar to what we've already seen at leading global FX brokers FXCM, Alpari, and GMO Click, Gain Capital (which as we reported earlier is now beginning to report its Forex.com monthly volumes) also registered solid numbers in May 2013. Retail volume came in at…
Read moreAston Markets, based in Bulgaria, claims to be licensed by CySEC but apparently isn't and never was. Cyprus financial regulator CySEC has sent out a release warning investors against Sofia, Bulgaria-based Aston Markets. On its website, Aston Markets claims that it is "licensed by CySEC, regulated under MiFID, as well as the FSA, BdF, CONSOB, CNMV, and BaFin. [Google translation…
Read moreFollowing a wild April, Bitcoin prices have retreated into a more moderate trading range in April and May. An interesting story which we and much of the FX brokerage world has been watching lately.... Bitcoin prices have stopped (at least for now) their wild roller coaster ride of up 100% one day and down 60%…
Read moreAlpari sees five consecutive months of FX volume trading records. Global FX broker Alpari has reported its best ever month in May, with total group volumes coming in at $260 billion -- eclipsing Alpari's April volumes of $245 billion and March's $238 billion. These stellar results come during a month when we have seen trading…
Read moreKnight Capital Forex ECN unit sees volumes rise 14% in May to $33.7 billion per day. Completing a mixed month volume-wise for the Forex ECNs, Knight Capital (NYSE: KCG) Forex ECN unit Hotspot FX reported that its May volumes rose nicely to average $33.7 billion daily -- up 14% from April and up 19% from…
Read moreLeverate Japan office head Kazuo Anzai was previously CEO at Alpari Japan and Chief Compliance Officer at CMS Japan. FX Platform provider Leverate has announced the opening of a new office in Tokyo, Japan, to be headed by Kazuo Anzai. Anzai was previously the CEO of Alpari Japan, and the CCO of CMS Japan. Japan…
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