Following a very strong month of August in which it reported record FX trading volumes of $343 billion, ASIC licensed IC Markets has indicated that it followed that up with $339 billion in September. Due to there being less trading days in September, IC Markets actually did set a monthly best in average daily volumes,…
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ASIC regulated Retail Forex broker IC Markets has reported on its corporate blog that it saw record trading volumes of USD $188 billion for the month of November, including $16.5 billion on the day of the US election, November 8. The company reported that the main driver for the record volumes was strong domestic growth and…
Read moreThe Retail Forex world is not short of promotions and offers for clients. So when we come across something a little interesting or unique, we like to point it out to our readers. It appears as if ASIC-regulated Australian retail forex broker Pepperstone has come up with an interesting way of attracting new clients and…
Read moreAxiCorp Financial Services Pty Ltd, parent company of leading Australian retail forex and CFD broker AxiTrader, has announced that it has received an investment from private equity firm RGT Capital. Neither party gave much in terms of details of the transaction. However LeapRate has learned that it was a multi million dollar investment for a…
Read moreLeapRate Exclusive... LeapRate has learned that longtime AxiTrader executive Dean Hyde has left the company, and is getting set to launch a new Retail Forex brand called (uniquely) Blueberry Markets. Hyde had been with AxiTrader, Australia's largest Retail Forex broker, for nearly six years, starting as a Sales Trader and steadily working his way up…
Read moreAustralia financial regulator ASIC has announced that as a result of its intervention, licensed Retail Retail Forex and CFDs broker XTrade.au Pty Ltd will implement changes to the way it handles client money. The Australian arm XTrade.au is part of the global XTrade brand which also has licensed operations in Cyprus and Belize, and which recently…
Read moreLeapRate was first to break the story on Thursday of Australian retail forex broker Pepperstone securing a multi-million dollar investment, which was then copied on several other blogs. We're now pleased to bring our readers another first, in the form of an exclusive interview on the investment with Pepperstone CEO Owen Kerr. The investment in Melbourne-based Pepperstone…
Read moreFXTG will only be allowed to close existing client positions until its license issues are ironed out.
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