IKON Finance exits Retail Forex amid FCA restrictions, transfers clients to Hantec Markets LeapRate

March 29, 2017 BY LeapRate Staff

IKON Finance exits Retail Forex amid FCA restrictions, transfers clients to Hantec Markets

LeapRate Exclusive... LeapRate has learned that FCA regulated FX broker IKON Finance has decided to exit the Retail Forex sector, to focus solely on institutional clients and services. In addition, due to regulatory restrictions which have been imposed on IKON by the FCA, IKON is no longer accepting any new clients. IKON has been instructed by…

March 28, 2017 BY Valentina Kirilova

BCS Global Markets appoints co-heads in London

BCS Global Markets, the Russian investment bank and largest securities broker on the Moscow exchange, has just announced the appointment of Bradley Duke and Tim Bevan as co-CEO’s of its UK entity, BCS Prime Brokerage Ltd (BCS UK). BCS Global Markets recently adopted a matrix management structure to promote greater oversight and synergies across geographies…

March 28, 2017 BY Valentina Kirilova

Orbex eliminates commissions from all their account types

CySEC brokerage firm Orbex today announced the elimination of commissions from all their account types. These updates will officially launch on March 28th 2017 to forex traders worldwide. Orbex will still offer their traders competitive fixed and variable spreads but now without the cost of commissions, allowing more transparency in calculating trading costs. This is the…

March 28, 2017 BY LeapRate Staff

FXTM reports 95% of forex traders are short GBPUSD ahead of March 29 Article 50 trigger

CySEC regulated retail forex broker FXTM has shared an interesting observation from its trading room. Notably, that there is widespread negativity towards Sterling from its traders, with 95% of its clients trading short on the GBPUSD ahead of the expected historic March 29 trigger of Article 50, formally beginning the exit of the UK from the…

March 28, 2017 BY Valentina Kirilova

ThinkMarkets partners with Neumob to cut latency on its Forex and CFD mobile trading app

ThinkMarkets, a global multi asset brokerage, just announced that has enhanced its ThinkTrader mobile trading app through the implementation of Neumob’s SDK, an app acceleration framework, to significantly reduce latency for global forex and CFD traders. Through the partnership, ThinkMarkets’ mobile app users will see a drastic change in the performance of the platform. Traders…

March 27, 2017 BY admin

Admiral Markets appoints new country manager in Poland

EU and UK regulated Forex broker Admiral Markets announced that Adam Narczewski, a highly experienced industry professional, has accepted the post of Country Manager for Admiral Markets Poland. Mr. Narczewski has ample experience in helping companies become industry leaders. Prior to joining Admiral Markets Poland, he served as Deputy Regional Director at X-Trade Brokers DM,…

March 24, 2017 BY LeapRate Staff

INFINOX partners with Knightsbridge Academy for FX trading seminars

FCA regulated retail forex and CFD broker INFINOX Capital Limited has announced that it is partnering with London-based trading academy Knightsbridge to offer a range of forex trading training courses and mentoring. Clients will be able to participate in training courses ranging from a 3 Hour FX Insight seminar, a 5 week Online FX Master…

March 23, 2017 BY LeapRate Staff

XTB stays internal, taps Omar Arnaout as its new CEO

LeapRate Exclusive... LeapRate has learned via regulatory filings made in Poland that Warsaw-based X Trade Brokers Dom Maklerski SA (WSE:XTB), which operates the XTB.com retail forex brokerage as well as the X Open Hub platform business, has decided to promote from within in replacing recently departed CEO Jakub Maly. As was exclusively reported by LeapRate in…

March 23, 2017 BY LeapRate Staff

IG Group Q3 revenues down 12% QoQ to £117.4 million, Q4 starts strong

Online trading industry leading broker IG Group Holdings plc (LON:IGG) has reported its results for Q3-2017, indicating a slower quarter than its record Q2, but still coming in fairly strong. IG Group has a May 31 fiscal year end, so the quarter in question was the three month period of Dec-Jan-Feb. Before we get to…

March 22, 2017 BY LeapRate Staff

ActivTrades becomes first finance broker to sign HM Treasury Women in Finance Charter

FCA regulated retail forex and CFDs broker ActivTrades has announced that it is the first finance broker to sign the HM Treasury Women in Finance Charter, which supports gender diversity in the financial services industry. Created in March 2016, the Charter has gathered the support of over 120 leading financial organisations including Merrill Lynch, Credit…

Category: Brokers