Category: Brokers

Pepperstone UK
June 23, 2017 BY LeapRate Staff

Exclusive: Pepperstone swaps Phil Horner for Mohammed Tayeb on Board ahead of UK FX relaunch

LeapRate Exclusive... LeapRate has learned that Australia based retail forex broker Pepperstone has accepted the resignation of UK director Mohammed Tayeb, replacing him on the board of Pepperstone Limited with the company's Melbourne, Australia based CEO APAC, Phil Horner. The move comes as Pepperstone is scrambling to renew activity in its FCA regulated UK arm. LeapRate…

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Exness UK
June 23, 2017 BY LeapRate Staff

Exness upgrades UK FX brokerage to 'IFPRU €730k' FCA license

Further to our earlier exclusive report that Cyprus-based retail forex broker Exness has made an application to the UK financial regulator FCA to increase the scope of its FCA-licensed arm, Exness Europe Limited (Exness UK), the company today announced that Exness UK has received approval from the FCA to upgrade its permissions to a full scope, "IFPRU…

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AxiTrader UK
June 23, 2017 BY LeapRate Staff

Exclusive: AxiTrader hires London-based Paul Kiff from GKFX as its new Global Head of Trading

LeapRate Exclusive... Australian retail forex broker AxiTrader has taken an interesting step in becoming more of a global broker, while beefing up its FCA-regulated UK operation. LeapRate has learned that AxiTrader has hired industry veteran Paul Kiff to its London team as the new Global Head of Trading. That function will operate our of London, instead of…

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Z.com GMO Click UK
June 23, 2017 BY LeapRate Staff

Exclusive: GMO Click UK retail FX unit Z.com Trade posts £1.8 million loss in Fiscal 2017

LeapRate Exclusive… Even for the largest global retail forex brokers, breaking into the coveted UK online trading market isn't easy. LeapRate has learned via regulatory filings that GMO-Z.com Trade UK Limited, the FCA regulated brokerage arm of Japanese retail forex giant GMO Click Holdings Inc (TYO:7177), posted a £1.8 million (USD $2.3 million) net loss for Fiscal 2017,…

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alpari
June 20, 2017 BY Valentina Kirilova

Alpari's trading turnover for May exceeds US$101 billion

Retail Forex broker Alpari Limited announced that has reached a trading turnover of US$101.4 billion across key markets; an increase of 6% on the previous month. In May, the biggest growth in turnover was seen on the EURUSD instrument, which showed 17% higher turnover than in April. Last month Alpari Limited announced that is expanding…

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Dukascopy Bank launches Dukascoin
June 19, 2017 BY LeapRate Staff

Dukascopy adds single stock CFDs to live trading

Swiss retail forex broker Dukascopy has announced that the range of tradable CFDs on single stocks at Dukascopy Bank and Dukascopy Europe has been extended. Most liquid stock CFDs from Austria, Belgium, Denmark, Finland, France, Netherlands, Norway, Portugal, Spain, Sweden and Switzerland have been added to the platform. Currently the new instruments are available for…

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exness fx volumes
June 16, 2017 BY LeapRate Staff

Exness May FX volumes up 8% MoM to $253 billion

Continuing a fairly strong month for volumes we have been seeing from leading retail and institutional eFX industry trading venues, CySEC and FCA regulated broker Exness has reported that forex volumes in its system increased by 8% in May, coming in at $253.1 billion. While as noted that is a nice increase over April, it…

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transparent forex broker
June 15, 2017 BY LeapRate Staff

Saxo Bank releases Enhanced Disclosures of incentives, stability, FX leverage and performance

Copenhagen based multi-asset broker Saxo Bank has released a fairly interesting document called Enhanced Disclosures, which provides insight into Broker Incentive, Broker stability, Client Leverage and Performance. Saxo Bank released the document as part of the company signing up formally to the FX Global Code of Conduct. Some of the interesting insights from Saxo Bank's disclosure document…

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