November 10, 2014 BY Gerald Segal

FXCM closes Affiliate program

LeapRate Exclusive... LeapRate has learned that leading global retail forex broker FXCM (NYSE:FXCM) has recently ended its relationship with all affiliates, thereby ending its affiliate program. A letter in that regard was sent out last week to (former) FXCM affiliates - see below. The reasons for discontinuing work with affiliates seems to be a combination of…

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November 06, 2014 BY Gerald Segal

FXCM reports record Retail Forex volumes in October of $509 billion

Leading retail forex broker FXCM (NYSE:FXCM) reported its October trading volume metrics alongside its Q3 financial results - more on that later - and even given the healthy volumes we're seeing from other top FX brokers, FXCM's are eye popping. All-important retail volumes at FXCM topped $500 billion for the first time, coming in at $509…

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November 02, 2014 BY Gerald Segal

New posting on LeapRate Broker Complaints – OptionRally Withdrawal

DATE: November 2nd, 2014 BY: Rob Spendlove BROKER: OptionRally TOPIC: Withdrawal complaint I had a big dispute with OptionRally back in July, because I foolishly authorised them to trade my account on my behalf. My account went from close to $40000 to $2500 in less than a week through reckless trading by some cowboy in a dealing room.…

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November 01, 2014 BY Gerald Segal

Hotspot FX reports October trading volumes at $34 billion ADV

As parent KCG prepares to sell it, Hotspot FX sees another strong month of trading volumes. For the month of October, Hotspot FX has reported that trading volumes averaged $34.3 billion daily - not quite the $38 billion ADV Hotspot did in an industry-wide record setting September, but still well above the $29-$30 billion average seen…

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October 31, 2014 BY Gerald Segal

Gain Capital expands UK presence by acquiring City Index for $118 million

Breaking Forex Industry News.... US-based Gain Capital (NYSE:GCAP), which owns and operates the retail and institutional GTX brands, has announced the acquisition of London-based financial spreadbetting firm City Index. Gain Capital is paying a total of $118 million, although from a cash perspective it will come out ahead by about $16 million. City Index…

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