March 08, 2016 BY Maria Nikolova

New Zealand's regulator warns against unregistered Forex broker DGMFX

About two weeks after New Zealand's Financial Markets Authority (FMA) warned against unregistered Forex broker NoaFX/Capital Market Investments, the regulator issues a similar warning – this time against DGM Service Markets Limited. The list, which includes the names of businesses marketing financial services to New Zealanders without being registered, now includes DGM Service Markets Limited…

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March 08, 2016 BY Maria Nikolova

ASIC warns against Market City International and Brokers500

The Australian Securities and Investments Commission (ASIC) today issued a warning against Market City International SRL (Market City International), trading as BROKERS500 through the website www.brokers500.com. BROKERS500 presents itself as a leading online trading broker specialising in stocks, commodities, CFDs and currencies. The website claims (see image below) that Market City International holds an Australian…

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March 07, 2016 BY Maria Nikolova

Match-Trade Technologies to provide bridging and aggregation technology to X Open Hub clients

Forex technology provider Match-Trade Technologies LLC today announces a partnership with X Open Hub (XOH), a trading name of XTB Limited. Through the partnership arrangement, Match-Trade becomes an official partner which provides bridging and aggregation technology to XOH and its clients. During the past few months, Match-Trade has already successfully onboarded and integrated several clients…

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March 07, 2016 BY Maria Nikolova

Leverate intensifies Chinese focus with addition of China A50 index

Leading technology solutions provider for the Forex and Binary Options industry Leverate has just reiterated its commitment to the Chinese market via the addition of the China A50 Index. The addition underlines the company's efforts to help brokers willing to establish themselves in the Chinese market. Giving traders access to the China A50 Index, which is…

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March 07, 2016 BY Maria Nikolova

FCA warns against MT Capital Partners, aka Justrader

The UK Financial Conduct Authority (FCA) today published a warning against unauthorized investment firm MT Capital Partners, trading as Justrader. The company is targeting potential clients by offering them a variety of Forex services. The regulator notes that these companies are not authorized by it to provide investment services to UK residents. Below are the…

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March 07, 2016 BY Maria Nikolova

PhillipCapital UK introduces Spring Cash Rebate Program

PhillipCapital UK, the FCA-regulated Forex broker that started operations in April last year, is offering its clients to make use of a generous spring rebate scheme. PhillipCapital UK offers a cash rebate in relation to trades executed during the promotional period, which runs from GMT 00:00:00 14th March 2016 (Start Date) to GMT 23:59:59 14th June…

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March 07, 2016 BY Maria Nikolova

Saxo Bank adds weekly options on VIX to offering

Multi-asset trading and investment services provider Saxo Bank has recently expanded its product offering via the addition of weekly options on VIX (VIX Weeklys). The main purpose of the new instrument is to provide traders with the opportunity to trade on the short term instead of only monthly or longer dated options.​ VIX Weeklys can be…

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March 07, 2016 BY Maria Nikolova

MB Trading redesigns website following acquisition by TradeKing

US futures, options and stock broker MB Trading has presented the visitors of its website with a redesigned look, to reflect the fact that the company was acquired by TradeKing. In addition to the logo, which now clearly states that MB Trading is offered by TradeKing, the website is less crowded in terms of text and…

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March 07, 2016 BY Maria Nikolova

Spotware rolls out unique Introducing Broker Program for cTrader

Trading software experts Spotware Systems today announce the launch of their unique cTrader Introducing Broker Program. The feature is now available to all existing broker-clients for no extra charge and is available to all future brokers also for no charge. The new feature can be configured from cBroker and used by Introducing Brokers (IBs) from cTrader.…

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March 07, 2016 BY Maria Nikolova

ASX, ASIC halt Bitcoin Group listing plans

Bitcoin Group's plans for a floatation on ASX have just hit the curb... On March 4, 2016, ASX sent Bitcoin Group a letter, informing the company that it does not meet the requirements for admission to the official list. ASX made its decision after Grant Thornton Australia produced an independent report stating that Bitcoin Group has…

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