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Screenshot of a breaking news alert e-mail from Q2 2017
Barclays will white label FXCM for retail FX.
LeapRate Exclusive: One overlooked item from last week’s announcement that Barclays will be white-labelling FXCM for its retail FX offering (to be offered in the UK only) was that Barclays ended its previous partnership with Integral in favor of the new one with FXCM. Barclays’ statement on the matter:
“We have had four successful years working with Integral – they have been an excellent partner and they helped us to establish a presence in retail FX. Now is the right time to move on and we are partnering with FXCM to respond to the growing market and demand for retail FX trading. FXCM is a global market leader and combined with the heritage and expertise of Barclays, this is a compelling proposition for retail FX traders.”
Those who follow LeapRate will recall that Barclays has a separate white label agreement with Saxo Bank for online stock and indices trading. That agreement remains in place.
Both FXCM and Saxo Bank are members of LeapRate’s Approved List of leading global Forex brokerage firms.
For more on the global FX market see the LeapRate-Dow Jones Forex Industry Report.