Tag: xforex

July 21, 2016 BY LeapRate Staff

Canadian regulator BCSC warns against retail forex broker XForex / XTrade

Continuing its string of warnings against forex and binary options brokers targeting traders in Canada, Canadian securities regulator the British Columbia Securities Commission (BCSC) has issued a warning to investors regarding XForex / XTrade (at website xforex.com). XForex.com was recently integrated by parent company XFR Financial Ltd into sister brand XTrade.com, alongside a major marketing campaign which…

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November 03, 2015 BY Mike Fox

ASIC Forex broker Online Capital Markets hit with $30,000 fine for deceptive marketing

O.C.M. Online Capital Markets Pty Ltd (OCM) an Australian financial services licensee which provides an online margin foreign exchange trading platform and products we learned just now has paid $30,600 in penalties after ASIC issued three infringement notices for false or misleading online advertising. Each infringement notice imposed a penalty of $10,200. The advertisements and e-mails…

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May 15, 2015 BY Mike Fox

XFR Financial taps AU10TIX BOS for streamlining client ID authentication and onboarding

XFR Financial, the CySEC regulated CIF of trading brands XTrade and XForex has deployed AU10TIX BOS SaaS (Cloud) service; enabling 100% automated end-to-end processing that includes auto-classification, content extraction, logical authentication, tampering forensics and additional checks. AU10TIX BOS is the only solution on the market capable of such depth and breadth of authentication checks across a wide range…

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