LeapRate Exclusive... LeapRate has learned via regulatory filings that the total amount paid by Forex.com parent company Gain Capital Holdings Inc (NYSE:GCAP) for the US clients of FXCM was $6.96 million. Back in February, the FXCM operating unit of Global Brokerage Inc (NASDAQ:GLBR) was forced into a quick fire-sale of its US operations, after the…
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Breaking Forex News... Cyprus based retail FX broker IronFX has announced that the company has arranged a $100 million investment from a major family office investment outfit. We understand that the family office is out of the Middle East, and that the investment will be made by the family office's regulated fund based in Singapore.…
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Swiss online banking and brokerage leader Swissquote Group Holding SA (SWX:SQN) has announced its results for the first half of 2017, indicating record figures on both the top and bottom line. Revenues at Swissquote came in at a record CHF 90.5 million (USD $93 million) in the first six months of 2017, up 17% from first…
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In a month in which most retail and institutional eFX providers have reported slight to mild decreases in FX trading volumes, Copenhagen based Saxo Bank has disclosed a nice 3% increase in July FX volumes, to $249 billion, up from $242 billion in June. While forex trading was strong at Saxo Bank, the multi-asset broker…
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CFD broker Plus500 Ltd (LON:PLUS) released its interim financial results for the First Half of 2017 this morning, indicating some quite amazing accomplishments. Quarterly revenues topped $100 million for the first time ever at Plus500, coming in at a whopping $110.9 million - 21% better than Plus500's previous best-ever quarter (Q4-16). And the top-line results…
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US retail forex broker client assets showed a slight MoM slippage according to data filed with the CFTC as of June 30th. The report revealed a 0.54% contraction in assets held by Retail Foreign Exchange Dealers (RFEDs) from May's $533,886,026 to $530,993,835 for June 2017. This is a very slight drop as most of the…
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NordFX, the global forex brokerage today is informing partners that their two-level affiliate program will start to operate from tomorrow, 8 August. It's designed to help partners of the company significantly increase their profits. The two-level system is pretty simple but powerful. For partners, until now they used to receive a commission only from the…
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It looks like the Q2 results profit warning issued by Hong Kong based retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) was something of a head-fake. While required by Hong Kong Exchange rules since overall, the company's first half 2017 results were significantly down from first half 2016, KVB actually had a much-improved second…
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The following article was written by AMarkets, a St. Vicent & the Grenadines (FSA) regulated global forex broker established in 2007. Choosing a broker is a difficult task, and not just for novice traders, but also for experienced professionals, in particular, because of common opinion about companies having a direct interest in their trader’s losses from…
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After a worrisome first quarter in which Revenues plummeted to their lowest level since early 2013, global FX brokerage house Gain Capital Holdings Inc (NYSE:GCAP) has reported a much better set of results for Q2-2017. Overall, Revenues at GAIN Capital increased by 65% over Q1 to $98.1 million, much more in line with what the company…
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