Australia Retail FX broker IC Markets reports record volumes of $343 billion for August LeapRate

September 04, 2017 BY Valentina Kirilova

Australia Retail FX broker IC Markets reports record volumes of $343 billion for August

ASIC regulated Retail Forex broker IC Markets has announced today that it registered a record month for FX trading volumes in August 2017, at USD $343 billion. Some key stats released by IC Markets: August 2017 Volume US$343 billion August Average Daily Volume US$14.9 billion Looks like total volumes were a record, although average daily…

August 31, 2017 BY Valentina Kirilova

Admiral Markets offers new trading advisor widgets based on news sentiment

Global forex broker Admiral Markets has announced a new advanced feature inside the MetaTrader 4 Supreme Edition trading platform plugin – Market Sentiment Widgets. These widgets will now be available for clients with an Admiral.Markets or Admiral.Prime account using the Supreme Edition plugin. What Are the Major Benefits of Market Sentiment Trading Widgets? These sentiment…

August 31, 2017 BY LeapRate Staff

KVB Kunlun shares double on proposed move of the Hong Kong FX broker to the HKEX Main Board

After experiencing a steady decline for the past 18 months, shares of Hong Kong based Retail FX broker KVB Kunlun Financial Group Ltd (HKG:8077) more than doubled in Thursday trading. KVB shares closed at HK$ 0.82 Thursday, after sitting at just HK$ 0.40 on Wednesday. The big move, up to a new 52-week high for…

August 31, 2017 BY Valentina Kirilova

Saxo Bank reports strong 1H results with Revenue and Profits rising

Saxo Bank reports higher profits and client assets as digital transformation gathers momentum ahead of 25 year anniversary milestone Copenhagen based multi-asset broker Saxo Bank has reported a net profit of DKK 229 million for the first six months of 2017, an increase of 45% compared to the first half of 2016. Clients’ collateral deposits…

August 31, 2017 BY LeapRate Staff

Exclusive: Dukascopy posts 17% decrease in Revenues in 1H-2017, $900K operating loss

LeapRate Exclusive... LeapRate has learned that Switzerland based Retail FX brokerage firm Dukascopy has seen a further decrease in business activity in the first half of 2017, following what was a fairly disappointing year in 2016. In the first six months of 2017, Dukascopy reported Revenues of CHF 14.3 million (USD $15 million) - 6%…

August 30, 2017 BY LeapRate Staff

Exclusive: US court issues $22.9 million fraud judgement against IKON Global Markets

LeapRate Exclusive... LeapRate has learned from court documents that about two weeks ago a US judge in Illinois entered a $22.9 judgement in favor of several plaintiffs which had sued Retail Forex broker IKON Global Markets for fraud, as well as its former principals Diwakar Jagganath, Ioannis Litinas and George Daskaleas. IKON Global Markets was…

August 30, 2017 BY LeapRate Staff

IG, Plus500 and Pepperstone noted in 2017 Australia CFD market report

Research outfit Investment Trends has issued its 2017 CFD Report for its home market of Australia, noting some changes in market share among the leading brokers serving Australian retail traders. According to the Investment Trends report, UK online trading leader IG Group Holdings plc (LON:IGG) remains the dominant leader down under as well, with 35% of…

August 29, 2017 BY LeapRate Staff

Offshore Retail FX broker NetoTrade gets warning from Swiss regulator FINMA

Swiss financial regulator FINMA has issued a statement adding unlicensed offshore Retail FX broker NetoTrade to its public Warning List. This follows a similar warning against NetoTrade made earlier this summer by Spanish regulator CNMV. FINMA didn't list any details or reasons for placing NetoTrade on its warning list. Typically, FINMA takes such action if it…

August 29, 2017 BY LeapRate Staff

Chinese FX broker TigerWit gets CFD broker license... in the Bahamas

We're not sure if this is the beginning of a new trend. Frankly, we doubt it, although we know that there are certain "advisers" out there encouraging unlicensed Retail FX and CFD brokers to build their credibility by "getting regulated" in exotic locales, when setting up a proper subsidiary in the UK or Cyprus is…

August 29, 2017 BY LeapRate Staff

Exclusive: China controlled FX broker GWFX hires Simon Henry from LCG for compliance after FCA rejects Greg Nathan

LeapRate Exclusive... LeapRate has learned via regulatory filings that FCA regulated Goldenway Global Investments (UK) Limited, which operates the GWFX Global retail FX and CFD brokerage brand (at gwfxglobal.com), has added Simon Henry as its new Compliance Officer. Simon Henry was hired by GWFX from London Capital Group Holdings plc (LON:LCG), where he was Head of Compliance for the…

Category: Brokers

Australia Retail FX broker IC Markets reports record volumes of $343 billion for August

Admiral Markets offers new trading advisor widgets based on news sentiment

KVB Kunlun shares double on proposed move of the Hong Kong FX broker to the HKEX Main Board

Saxo Bank reports strong 1H results with Revenue and Profits rising

Exclusive: Dukascopy posts 17% decrease in Revenues in 1H-2017, $900K operating loss

Exclusive: US court issues $22.9 million fraud judgement against IKON Global Markets

IG, Plus500 and Pepperstone noted in 2017 Australia CFD market report

Offshore Retail FX broker NetoTrade gets warning from Swiss regulator FINMA

Chinese FX broker TigerWit gets CFD broker license... in the Bahamas

Exclusive: China controlled FX broker GWFX hires Simon Henry from LCG for compliance after FCA rejects Greg Nathan

Finalto Adopts eflow Global Technology to Boost Trade Surveillance and Compliance

OpenFX Adds Colombian Peso to Cross-Border Payments Network

PayPal Launches Ads Manager to Help Small Businesses Tap Retail Media Boom

Standard Chartered Names Roberto Hoornweg CEO of Corporate & Investment Banking

StoneX and Expana to Launch OTC Dairy Derivatives