It seems that our coverage of the planned IronFX-FXDD-Nukkleus merger and reverse takeover has caused quite a stir in the Forex industry. After LeapRate first broke the news (at about 9:45am CET Monday), a number of other blogs seemed to pop up with me-too 'Exclusive' stories of their own on the subject, such as opinions…
Read moreLeapRate Exclusive... Further to our exclusive coverage of the planned merger between leading retail forex MT4 brokers IronFX and FXDD, LeapRate has learned some more details regarding the plans, as well as the regulatory filing we alluded to in our earlier article. And, the identity of the public company which will be part of the…
Read moreLeapRate has learned from sources close to the situation as well as from regulatory filings made late last week that retail Forex brokers IronFX and FXDD are planning to merge. At the same time, the merged company is planning to go public on Nasdaq via a reverse takeover of an existing publicly traded company. The transaction is…
Read moreAustralia's financial regulator ASIC has noted that IronFX, whose Australian subsidiary is licensed and regulated by ASIC, has been asked to correct disclosure about Australian regulation and counterparty arrangements. Following concerns raised by ASIC, IronFX's Australia sub IronFX Global Australia Pty Ltd has taken steps to remove references from the parent company's (IronFX Cyprus) website, and…
Read moreCypriot financial regulator CySEC has released the first round of its findings following comprehensive reviews of the operations of a number of CySEC-regulated brokers in both the Forex and Binary arenas. CySEC's initial review has resulted in fines for a number of brokers, ranging from €123,000 up to €340,000. In addition to the fines, CySEC…
Read moreIn a regulatory report for the 12 months to December 31, 2014, IronFX UK reports revenues of $6.92 million and net profit of $243,973.
Read moreCyprus financial regulator CySEC has made an announcement that it is conducting an ongoing investigation into IronFX, after receiving an increased number of complaints against the company. No determinations have been made at this point, with CySEC stating that it will publish its findings in due course. We believe that this is standard procedure for…
Read moreIn an exclusive interview with LeapRate, IronFX CEO Markos Kashiouris deals head-on with some of the rumors swirling around his firm and other challenges facing the retail forex sector.
Read moreLeapRate has learned that the rumors being circulated about serious M&A discussions between IronFX and Teddy Sagi's Playtech PLC (LON:PTEC) are just that - rumors. This is in fact the second 'rumor denial' article we've posted today, with the first one involving similar rumors that Playtech was taking a run to buy AvaTrade. Senior sources…
Read moreFormer IronFX marketing executive Helen Astaniou, and former EasyForex marketing executive Laoura Salveta join FXPRIMUS
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