CFTC warnings can hardly make registration-deficient brokers budge, FinanceFeeds’ check of the RED List has shown.
Four networking events will be held in this forthcoming series for the first quarter of 2017, in Cyprus, London, New York and Sydney. The world’s most prominent industry leaders from across the world are attending, and there are a few places left. Join the world’s most senior FX executives in exclusive surroundings
Time for FX brokerages to start considering new types of payment processors? The regulators may turn on the existing ones
The time has come to innovate and evolve the way payments are processed to online brokerages. We examine why this is, in great detail.
Who should be responsible for making sure FX companies operate in accordance with best execution practices and in their clients’ interests? The debate continues as to whether compliance should be outsourced
“In the end the regulators want a situation whereby there are a few large providers who are regulatory compliant with whom they have a good working relationship and all the small businesses, closed down …and that is what they will get!” – Simon Bird, Managing Partner, Onbjectivus Financial Consulting
FinanceFeeds to present FX industry conference in Shanghai this week: Western firms meet vital Chinese audience
The conference, which will take place on January 14 and January 15, 2017 at the prestigious Renaissance Shanghai Zhongshan Park Hotel in Shnaghai’s Changning District. We look forward to seeing you there
Machine learning and artificial intelligence to get massive VC boost – FX automation generation nearing?
Pitango is a specialist in financing very successful FX industry ventures. Now the VC firm has launched a $175 million fund for machine learning and artificial intelligence. We take a close look at why this matters and where it will help firms develop and grow
Despite CySec instructing all brokers in Cyprus to desist from offering deposit bonuses and ensuring that they stick to a leverage limit of 1:50, some firms at the lower end of the market are not doing so – here is why, and here is how it can be stopped in order to preserve the reputation of the regulatory jurisdiction
Why FX brokers are leaving traditional regulated regions and going offshore: We speak to FXPIG CEO Kevin Murcko
“Most people agree that the FCA, CySEC, and ASIC are either no longer accepting applicants from non-multinational size participants or are in the process of pushing retail FX onto low leverage exchanges” – Kevin Murcko, CEO, FXPIG
“Marketing is not the pretty print ad you make. Marketing is about finding and communicating differentiators. When you break it all down, that’s the role of the marketing department” – Bart Burggraaf, Managing Partner, MediaGroup Worldwide
Despite the terms and conditions of many FX trading contracts stating that customers could be held liable for negative balances, it is very rare for any brokers to ever go after them for it, and there is no requirement for consumer credit licensing. We examine the circumstances behind this matter which is unique to FX compared to the entire financial services industry
Regulatory warnings about clones are a waste of time, enforcement of intellectual property rights and trademarks by online financial firms is at best often fruitless and at worst impossible. Dukascopy takes the very admirable initiative to point out a fraudster this week, however it is time the laws were changed to protect good firms and investors.
IMS FX was granted an ASIC license in September 2015, however it transpired that the company’s owners were intending to […]
As Egypt cracks down on black market deliverable FX dealers, this is why FX brokers may want to look toward onboarding Egyptian customers
The b-book with no liquidity feed, the educational sector, affiliates and white label partners, and who succeeded early in Indonesia’s attractive but difficult retail FX market. We investigate with those at the leading edge of Indonesia’s FX industry and look at how to enter, and what clients want.
FX trading companies in Britain may benefit from NatWest’s plan to charge customers interest for being in credit
Don’t want to PAY interest to actually deposit cash and be in credit at the bank? Try a retail FX account instead!
Leverate had 277% spike in trading activity following Brexit, advises brokers to keep risk management in mind
Whilst many brokers using Leverate’s solution experienced an increase in volume, risk management is still a very important factor.
UK-based FX companies and investment firms would lose their current passporting rights unless the UK retain EEA membership.
Just over two weeks is all that remains before the citizens of the United Kingdom cast their votes as to…