Orbex eliminates commissions from all their account types LeapRate

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

Divisa Capital adds ADS veterans Tony Philip as CMO, Hormoz Faryar to head Sales

LeapRate Exclusive... LeapRate has learned that FCA regulated multi asset prime broker Divisa Capital has begun making a round of senior level management hires, following its recently announced $100 million capital raise which we discussed with Divisa Capital CEO Mushegh Tovmasyan at the time the very handsome financing was revealed back in January. First to join is…

March 28, 2017 BY LeapRate Staff

True Trade Markets COO Ashraf Agha resigns ahead of planned forex broker launch

LeapRate Exclusive... LeapRate has learned that True Trade Markets co-founder and COO Ashraf Agha has resigned, prior to the company's planned launch later this Spring. As was reported exclusively by LeapRate last November, FCA-regulated True Trade Markets (formally True Trade Ltd) was created by controlling shareholder and New York based entrepreneur Michael Frey, whose company designs…

March 28, 2017 BY LeapRate Staff

Bryan Seegers resigns as Co-Head Global eFX Coverage at ADS Securities

LeapRate has learned that longtime ADS Securities employee and Co-Head of Global eFX Coverage Bryan Seegers has resigned his position at the firm. Bryan Seegers had been with ADS, which provides both retail and institutional FX services, for five years, initially joining the company in Abu Dhabi as a Senior FX Dealer. He had previously…

March 28, 2017 BY LeapRate Staff

Prime-of-Prime FX brokerage Stater Global Markets announces technology partnerships, adds CFDs

London-based FX Prime of Prime institutional brokerage Stater Global Markets has announced its core technology partners, as well as the introduction of CFDs in indices and commodities. LeapRate exclusively reported about the launch of Stater Global Markets in an interview with CEO Ramy Soliman last October. Soliman was most recently VP EMEA Sales at Integral Development…

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 28, 2017 BY LeapRate Staff

ASIC comes out (strongly) in favour of new Australia forex client money protection rules

Australia financial regulator ASIC has added its powerful voice to the fray regarding the new rules governing what Forex brokers can and cannot do with client money, following the passage yesterday by Australia’s parliament of the Treasury Laws Amendment (Measures No 1) Bill 2016, known more commonly as the Retail Client Money law. The new…

March 28, 2017 BY LeapRate Staff

Fortex and Advanced Markets add ex CFH executives for Japan FX Prime-of-Prime unit FAM Clearing

FAM Clearing, LLC, a joint venture between Fortex, Inc., a leading FX ECN trading platform, and Advanced Markets, a wholesale provider of liquidity, technology, and credit solutions to banks and brokers, announced today the two new executive appointments. Satomi Toyoshima has been appointed as a Managing Director of Japan Operations for FAM Clearing. Mrs. Toyoshima brings…

March 27, 2017 BY LeapRate Staff

Vontobel joins as issuer on Swissquote's Swiss DOTS, adds 10,000 leveraged products

Swissquote Group Holding SA (SWX:SQN) has announced that it is expanding its range of products on the Swiss DOTS trading platform, with the addition of new issuer Vontobel Investment Banking. Approximately 10,000 additional leveraged products will be issued from launch. This complements the existing offering from UBS and Goldman Sachs as well as from Commerzbank…

Category: Forex