Tag: UK Forex

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November 21, 2023 BY Simon Mugo

GBPUSD Rallied Higher on the BoE Policymakers’ Testimonies

BoE Governor Andrew Bailey acknowledged that the latest decrease in inflation was positive news and indicated that recent developments in inflation align with the central bank's expectations. While inflation is expected to end the year slightly lower than previously anticipated, Bailey stressed that this reduction is not substantial. ______________________________________________________________________ Don’t miss out the latest news,…

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February 23, 2017 BY LeapRate Staff

Why Is Forex Generally Important in the UK Economy?

This article was written by freelance writer Zak Goldberg. Forex trading is something lots of people like to engage in, and can offer an individual trader some great benefits like allowing them to trade 24 hours a day, and use leverage to open themselves up to big changes in value even with relatively low capital.…

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March 16, 2016 BY Mike Fox

London based Forex broker XTB.com adds new director

Today we learned from official filings that London based Forex brokerage XTB Limited, the operator of XTB.com has appointed a new director in Marcus James Ford, an FX industry veteran of many years. This brings the total count of current directors to three at XTB Limited. Mr. Ford most recently served as a director at OANDA Europe from…

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February 24, 2015 BY Maria Nikolova

Financial Conduct Authority warns about Ikon Finance clone

The Financial Conduct Authority (FCA) has been rather active lately in cautioning the public about clone firms. The latter usually abuse a trademark, emulate a name of a firm, its services and websites, in order to fraudulently benefit from the established reputation of a regulated entity. Earlier today, the UK watchdog published a warning about…

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January 30, 2015 BY Maria Nikolova

Forex fraudster Alex Hope gets 7-year jail term

A landmark legal prosecution concluded today in the UK, as Alex Hope and his accomplice in investment fraudulent activities Raj Von Badlo (also known as Raj Shastri), were both sentenced to prison. Alex Hope will spend the next seven years in prison, the harshest punishment imposed following prosecution by the Financial Conduct Authority (FCA) or…

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