Tag: Forex broker

January 15, 2015 BY Mike Fox

IG Group facing up to £30 million loss from Swiss Franc fireworks

The Financial Times is reporting that global brokerage house IG Group said that it could face a hit of up to £30m ($45m) after the Swiss franc shot up near 30% and settled near parity with the euro following the Swiss National Bank's decision to remove its longstanding exchange rate peg of 1.20 EUR/CHF. An…

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January 05, 2015 BY Mike Fox

NordFX adds binary options trading

Some news on the binary options front today as NordFX, a Forex trading brokerage operated by Nord Group Investment Inc. which is incorporated and existing under the laws of Mauritius is announcing the official launch of its Binary Options platform. This is a continuing trend of spot FX dealing only brokerages diversifying their offerings by…

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December 30, 2014 BY Mike Fox

Dubai based FX broker Fortress Prime plans for UK FCA license

Fortress Prime delivers liquidity in FX, precious metals, commodities, global indices and CFD's. It utilizes advanced MT4 and FIX API trading technology solutions in addition to advisory and operational services to brokers, professional clients, financial institutions, and hedge fund managers globally.

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December 19, 2014 BY Mike Fox

Ontario's financial regulator issues warning on C6 Forex Inc.

Today, the the Ontario Securities Commission (OSC), an independent Crown corporation that is responsible for regulating the capital markets in Ontario, Canada joined the UK's FCA is providing warnings to prospective and current traders regarding unscrupulous Forex dealers/brokers. As always, if you are a trader reading this - be cautious with which firm to do…

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