London Capital Group is first broker Joel Kruger's FirstMacro will link to. Former senior FXCM currency strategist Joel Kruger has gone freelance and has launched a new FX research portal called FirstMacro. The idea, in a nutshell, is to provide premium FX research services based on Joel's work, and to make money by enabling traders…
Read moreRetail FX brokerages continue to set records in May, yet Forex ECNs were mostly treading water. Continuing the mixed-results FX volumes trend for May we've seen so far at the CME Group (up 15%) and at ICAP EBS (down 2%), Thomson Reuters and its FXall unit each reported ho-hum FX volumes results for the month.…
Read moreFXTM introduces a swap rate free Over The Weekend account. Swap rates are one of those things both generally ignored and misunderstood in the Forex world. But they affect every trader who leaves positions open overnight, and can become very material for traders who often do so. Without expanding too much on the topic, swap…
Read moreIG sees strong performance globally, but especially out of Japan FX trading. IG Group, the UK's leading financial spreadbetting company, announced that in its Q4-2013 (for the quarter ended May 31, 2013 -- IG has a May year-end) revenues and activity were up nicely in double-digit percent across virtually all of its major regions. In…
Read moreMyfxbook tells MT4 copy trading clients to switch to 'EA mode' from 'auto update' mode. The different FX social network and copy trading platforms targeted by MetaQuotes for elimination from unauthorized access to MT4 servers have taken different approaches to the situation. On the one hand is Tradency, which announced that it will "cease operation with…
Read moreThis is the first time NYMEX Brent volumes surpassed 50,000 contracts at the CME. CME Group, which runs the world's largest derivatives marketplace, announced it has reached record volumes in NYMEX Brent trading, with 52,352 contracts trading hands last Friday June 7. This is the first time NYMEX Brent has surpassed 50,000 contracts. Additionally, open interest for…
Read moreBanc de Binary, one of a handful of CySEC-regulated binary options brokers, has been charged with taking US clients. LeapRate Exclusive.... Assuming the charges stick, it will be interesting to see if the EU regulators involved -- Cyprus' CySEC and the UK's FCA -- cooperate with the CFTC in the US, and enforce whatever penalties…
Read moreDukascopy is clearly targeting an interesting vertical – young women – but also the young men who will want to follow proceedings. Recently we've been writing about interesting and unique promotions that FX brokers come up with, in an increasingly crowded world of FX marketing, bonuses and promotions. We covered the IronFX win-a-trip-to-Vegas contest, and the Liquid…
Read moreSpotware also advancing plans to allow other mirror trading platforms to integrate with the cTrader suite. FX platform provider Spotware has announced plans to introduce a new platform, cMulti, into its line of STP and NDD spot trading platforms. The new mirror trading platform, to be offered to Spotware clients at no additional cost, allows users…
Read moreRetail FX volumes $390 billion and Institutional volumes $191 billion for the month of May at FXCM. The good news from leading FX brokers just keep on coming.... Leading retail FX firm FXCM, the world's largest online global FX broker (and a member of LeapRate's Approved List of regulated FX brokerage firms), announced that May trading…
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