Global retail forex and multi-asset broker HotForex just announced that has now added Bitcoin to its Cryptocurrency CFDs to allow traders to buy and sell it after starting to offer it as a deposit option earlier in the year. A HotForex spokesperson commented: Bitcoin has been rapidly changing the financial world since it was created.…
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Shares of Global Brokerage Inc (NASDAQ:GLBR), which owns 51% of Retail FX broker FXCM, continued to move downward on Wednesday tumbling by a whopping 26% on continued speculation that the company is going to have a hard time dealing with its latest crisis. That crisis is the possible delisting of GLBR shares from Nasdaq, if…
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Geneva based Retail Forex broker Dukascopy Bank is warning that there is a clone of the company's site operating from dukascopi.com. This website pretends to offer Forex, CFD and commodities trading from Switzerland at almost same address as Dukascopy Bank. The clone is showing a "Main Office" address of Route de Pre-Bois 22, ICC, Entrance, Geneva 15, Switzierland…
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Gain Capital Holdings Inc (NYSE:GCAP), the parent company of Retail FX broker Forex.com and institutional FX platform GTX, looks to be gearing up for more acquisitions as the company has announced plans to raise an additional $80 million in a convertible note offering. LeapRate readers will recall that this isn't the first time that GAIN…
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Following the recent leveraged products marketing ban in France, CySEC regulated retail forex and CFDs broker JFD Brokers has announced the launch of a new website for its French clients, offering a tailored solution for the French market. JFD Brokers will execute all its orders from France based clients via a Multi-lateral Trading Facility (MTF).…
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Copenhagen based multi asset broker Saxo Bank has announced that it is raising margin requirements and reducing leverage on a variety of FX, CFD and Commodity products, as geopolitical tensions in the Asia Pacific region heat up in the wake of increased US-North Korea rhetoric. Margin requirements on major FX pairs involving the USD, EUR…
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Another independent Retail FX and CFD broker seems to have made a dent in the UK online trading market. FCA regulated Fortrade Limited has reported that its Revenues in 2016 nearly tripled to £15.9 million (USD $20.6 million), up from just £5.5 million the previous year. Fortrade reported a profit of £954,000 for the year, versus a loss…
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Continuing a year-long climb, shares of CFD broker Plus500 Ltd (LON:PLUS) set an all-time high in Thursday trading on the London Stock Exchange. Plus500 closed up 4.3% to £8.68 per share, its highest ever closing price after setting a mid-day high of £8.80 soon before closing. At its current share price, Plus500 has a market value…
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LeapRate Exclusive... After we exclusively reported back in February that leading Australia based retail forex and CFDs broker Pepperstone suspended all activity in its FCA-regulated UK subsidiary Pepperstone Limited, LeapRate has learned that the company has finalized its management and operational changes and is now once again open for business. We expect the company to…
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Retail forex broker FXCM, and its parent company Global Brokerage Inc (NASDAQ:GLBR) each posted their most recent results yesterday, with both entities reporting what we consider to be decent performance, especially given the difficult conditions under which the companies have been operating. FXCM posted July FX trading volumes of $197 billion, 12% down from June but…
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