Breaking News: Yahoo’s GulliverFX suspends trading, asks clients to withdraw funds


Four months after YJFX, Yahoo’s FX brokerage in Japan, ceased to offer MetaTrader 4 to its domestic client base, the company’s UK subsidiary has followed suit.

Today, GulliverFX, the Financial Conduct Authority (FCA) regulated FX firm that belongs to Yahoo Japan Corporation (TYO:4689) has announced that it is suspending its MetaTrader 4 platform service effective after 08:50pm 8th May 2015.

The company currently only offers MetaTrader 4 and is requesting that clients establish contact in order to close all positions and withdraw funds.

The firm has given notice in accordance with its client agreement to all existing clients, that clients will not be able to open new positions after 08:50pm 17th April 2015 and that all remaining positions will automatically be closed on 11th May 2015 during 8:00am (GMT) to 11:00am at the company’s market price.

GulliverFX suspension

GulliverFX has advised its clients to close their positions and send withdrawal requests for any outstanding balances in their trading account by 08:50pm 8th May 2015, and assures its clients that their funds are not affected by the service suspension and that they are entitled to withdraw full outstanding balances.

The detailed schedule is as follows:

GulliverFX has stopped accepting new account applications from 1st April 2015.

Clients cannot open new position after 08:50PM(GMT) 17th April 2015.

Clients cannot access MyPage from 08:50PM(GMT) 08th May 2015 to 11:00AM 11th May 2015.

Clients cannot access MT4 platform from 08:50PM(GMT) 08th May 2015 to 11:00AM 11th May 2015.

Clients are required to close all their positions and withdraw all funds by 08:50PM(GMT) 08th May 2015.

For the official announcement from GulliverFX, click here.

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Breaking News: Yahoo's GulliverFX suspends trading, asks clients to withdraw funds

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