All Alpari FS clients to be transferred to Alpari UK. In something of a surprise move, Alpari announced that as of February 8 it will transfer all client accounts legally situated with Alpari's Cyprus subsidiary Alpari FS, and move them to Alpari UK. Following February 8 Alpari FS will cease providing services to clients. Alpari…
Read moreEx-Alpari execs founded ForexTime in New Zealand two years ago. New Zealand based ForexTime has just received a Cyprus Investment Firm license, and is planning on expanding its marketing activities in Europe. ForexTime was set up in New Zealand two years ago by former Alpari executives from Russia. ForexTime also, somewhat interestingly, has an office…
Read moreFXNet set up by former XEMarkets (TradingPoint) execs. Cyprus' securities regulator CySEC announced that it has granted a CIF (Cyprus Investment Firm) license to FXNet, an about-to-be-launched retail FX firm. FXNet is being formed by (among others) executives from XEMarkets, including Costas Kappai, formerly senior dealer at XEMarkets. [Editor's note -- see company comment below].…
Read moreFxPro UK Ltd can now hold client money and act as principal.
Read moreFxPro UK Ltd can now hold client money and act as principal.
Read moreChanges business model from selling software to selling white labels.
Read moreCFTC settling one-by-one with 25 firms named last year for taking US retail clients.
Read moreThird new international office this year for Saxo Bank.
Read moreBinary Options deemed a "financial instrument" by CySEC.
Read moreUsing the cTrader ECN platform, FxPro moves to be a complete NDD broker.
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