Retail forex broker FXCM Group, LLC has just announced that it has added three new CFD products which clients can now begin trading. The new products are: Commodity CFDs - WHEATF and CORNF, which have the Wheat and Corn Futures as their underlying references; the Index CFD US2000, a cash-based CFD of the Russell 2000…
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Prokopios Katsaros, Head of Brokerage at Cyprus-Based Prime Brokerage TopFX, has joined LeapRate for an interview, sharing details about the company's 2-in-1 broker solution, its partnership with Forex software provider Spotware, and more. LR: Hi Prokopios, and thanks for joining us today. Please let us know a little more about TopFX’s 2-in-1 solution for brokers, and…
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Estonia based Retail FX brokerage firm Admiral Markets Group AS has announced it has reduced its spreads on its most popular financial instruments, including top currency pairs like the EUR/USD. Admiral Markets clients can now trade its most popular Forex currency pairs at the following typical spreads: EUR/USD: 0.6 pips GBP/USD: 1.0 pips USD/JPY: 0.9…
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LeapRate Exclusive… LeapRate has learned that London based FX liquidity and prime brokerage services provider IS Prime has reported strong financials, with an increase in turnover year end 31 March 2018. Reported figures from the FCA regulated broker show a rise to £17.2 million year end 2018. The financials for IS Prime’s year end 2018 show…
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FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has issued a second Trading Update during Q4. After indicating (in late October) that its Q3 Revenues fell by 40% from the previous quarter to $100.1 million, Plus500 has now announced that the strong momentum reported in its Q3 Trading Update has continued into November to date. Accordingly, the…
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FCA regulated online CFDs broker Plus500 Ltd (LON:PLUS) has continued to make purchases of its own stock pursuant to a recently announced share buyback. The company announced that last week it acquired a total of 30,455 PLUS shares, at an average share price of £12.744, for a layout of £388,119. That brings the grand total of shares…
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LeapRate Exclusive... LeapRate has learned that ASIC licensed Australia-based Retail FX brokerage group USGFX has taken a major step toward Europe, setting up a UK subsidiary called Union Standard International Group Limited (we'll call it USGFX UK). The company had applied for and received an FCA license for USGFX UK, which became effective on November 5.…
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Pepperstone Limited, the London based FCA regulated arm of leading Australian Retail FX brokerage group Pepperstone, has indicated in regulatory filings that the company brought in £4.98 million (USD $6.4 million) from CFD commissions and spreads for the fiscal year ended June 30, 2018, the company's first full year of operation. The company grew its…
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Canadian financial regulator BCSC (British Columbia Securities Commission) has issued a warning against offshore CFDs broker Rocket Consultant Group. The move comes just several days after a similar warning issued by New Zealand's FMA involving CCM Clearing Limited, a Bulgaria based entity which the FMA said is associated with Rocket Consultant Group. The FMA stated that Rocket Consultant Group could…
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Forex, CFDs and cryptocurrency derivatives trading broker ThinkMarkets has just announced that it has extended its CFD product offering to include global equities. The firm now covers trading in equity derivatives contracts from North America, Europe & Asia financial markets. The new instruments will be available on the firm’s proprietary trading platform, Trade Interceptor. In…
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