In a month in which most retail and institutional eFX providers have reported slight to mild decreases in FX trading volumes, Copenhagen based Saxo Bank has disclosed a nice 3% increase in July FX volumes, to $249 billion, up from $242 billion in June. While forex trading was strong at Saxo Bank, the multi-asset broker…
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CFD broker Plus500 Ltd (LON:PLUS) released its interim financial results for the First Half of 2017 this morning, indicating some quite amazing accomplishments. Quarterly revenues topped $100 million for the first time ever at Plus500, coming in at a whopping $110.9 million - 21% better than Plus500's previous best-ever quarter (Q4-16). And the top-line results…
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US retail forex broker client assets showed a slight MoM slippage according to data filed with the CFTC as of June 30th. The report revealed a 0.54% contraction in assets held by Retail Foreign Exchange Dealers (RFEDs) from May's $533,886,026 to $530,993,835 for June 2017. This is a very slight drop as most of the…
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NordFX, the global forex brokerage today is informing partners that their two-level affiliate program will start to operate from tomorrow, 8 August. It's designed to help partners of the company significantly increase their profits. The two-level system is pretty simple but powerful. For partners, until now they used to receive a commission only from the…
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It looks like the Q2 results profit warning issued by Hong Kong based retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) was something of a head-fake. While required by Hong Kong Exchange rules since overall, the company's first half 2017 results were significantly down from first half 2016, KVB actually had a much-improved second…
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The following article was written by AMarkets, a St. Vicent & the Grenadines (FSA) regulated global forex broker established in 2007. Choosing a broker is a difficult task, and not just for novice traders, but also for experienced professionals, in particular, because of common opinion about companies having a direct interest in their trader’s losses from…
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After a worrisome first quarter in which Revenues plummeted to their lowest level since early 2013, global FX brokerage house Gain Capital Holdings Inc (NYSE:GCAP) has reported a much better set of results for Q2-2017. Overall, Revenues at GAIN Capital increased by 65% over Q1 to $98.1 million, much more in line with what the company…
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Global forex broker Admiral Markets is announcing the addition of a new instrument, the Polish Index Futures CFD – WIG20 (WSE:WIG20)– effective from now onwards. This new CFD is based on the capitalization-weighted market index of the 20 largest companies traded on the Warsaw Stock Exchange. As with trading on any index with Admiral Markets,…
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Continuing a fairly flat month for volumes we have been seeing from leading retail and institutional eFX industry trading venues, CySEC and FCA regulated broker Exness has reported that forex volumes in its system came in at $248.4 billion in July, slightly below $252.0 billion last month. Each of May, June and July volumes, right around the $250…
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Acenya Capital just announced that relaunches after a two year interruption. Acenya Capital has signed a new white label partnership agreement with MEX Europe and, as it does not have its own FCA license, is acting as an appointed representative of MEX Europe, which is authorised and regulated by the Financial Conduct Authority (FCA). The…
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