Forex Industry Week Review: Leverate exits binary options, FXDD-IronFX merger, Swissquote’s new brand, and lots more…

It was a very mixed bag of Forex Industry News this past week at LeapRate. Companies exiting business lines, companies entering business lines, M&A, new logos and brands…

Our most popular guest posts this week dealt with two important questions:

Some of our most popular, shared and commented-on posts this week at LeapRate included:


Leverate BX8 binary options for saleLeverate exits Binary Options business, selling its BX8 platform productLeapRate Exclusive… LeapRate has learned that online trading platforms provider Leverate has stopped selling its BX8 Binary Options platform product. Leverate is continuing to support BX8 for the binary options brokers who are already running it. We’ve learned from industry sources that Leverate is looking to sell the BX8 platform, along with the current clients running BX8. If a sale doesn’t happen then Leverate is likely to just shelve BX8.

Nukkleus files Q2 financials including update on acquisitions of IronFX, FXDD, Forexware. LeapRate has learned that Nukkleus Inc has recently filed its Q2 financials with the U.S. Securities and Exchange Commission, and it provides a little more insight into company’s plans to acquire regulated retail forex brokers IronFX and FXDD, as well as FX platform provider Forexware. We realize that there’s some confusion out there in Forex-land regarding the planned multi-step transaction. So, we explain:

  • who controls each company involved today
  • what each step is
  • which regulatory approvals are needed along the way

Swissquote new logoSwissquote unveils new website, logo and brandingLeapRate Exclusive… Continuing a theme we’ve reported on lately of leading Retail Forex brokers changing things up, LeapRate has learned that Swissquote has changed its logo, launched a new and updated website, and has plans for a new brand identity. We are pleased to speak with Jan De Schepper, Head of Marketing at Swissquote, about all the changes and what’s ahead for Switzerland’s leading online broker. Hear what Jan has to say and see all the changes, exclusively now at LeapRate. sees Revenues drop 37% in First Half 2016 as restructuring hits bottom line.

Demetra Kalogerou extended as CySEC Chair for five more years through 2021.

Brian Myers resigns as VP Sales of OANDA Europe.

Forexware delivers MetaTrader 5 Gateway to CQG.




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