NFA allegedly exceeded its delegated authority by using its investigation of FXCM “in furtherance of its self-serving efforts to eliminate OTC retail forex trading”.
The initial purchasers have made full use of their option to buy extra $12 million in aggregate principal amount of the notes.
The page dedicated to SuperTrader is no longer available on FxPro’s website and it is no longer possible to open an SuperTrader account.
A part of the fraudulent scheme designed by Blackbox Pulse and Unique Forex managers was the false claim that these companies have accounts at FXCM.
George Popescu has been banned from acting as a company director in the UK for 12 years for selling his firm, Boston Prime, without disclosing the sale and that ‘adjustments’ of $3.33million (about £2.5million) to clients’ trading accounts were disputed.
In a press release, FXCM claims it has “no responsibility or obligation for GLBR’s debt or other obligations”.
This morning, FinanceFeeds took AvaTrade to task over an email sent to its affiliate network in which a competitor and its service provider were the subject of derision in an attempt to onboard clients. In a victory for transparency, the company responded and has made steps to rectify the matter
The Chamber of Commerce and Industry wants the proposals to feature options for appealing the decisions of the Bank of Russia in court.
A drop in the number of users of the service is the reason for the closure of investment advice service.
Companies that resort to attacking competitors rather than succeeding on their own merits are fortunately very rare in the FX industry, and are usually insignificant. Today, AvaTrade makes an aggressive diatribe against CySec regulated brand and its provider. We examine why this is poor practice and should be frowned upon
Mr Ng attributed his resignation to “future personal engagements”.
FinanceFeeds Cyprus Cup FX industry networking event to be held on September 21 – Registration now open
Meet over 100 senior FX industry executives at the 12th FinanceFeeds Cup FX industry networking event at the Limassol Yacht Club in Cyprus on September 21 this year
The two cases claiming damages suffered by the broker clients as a result of the undisclosed relationship between FXCM and Effex Capital are now consolidated.
FinanceFeeds becomes the first ever international B2B FX industry portal to register a .cn TLD in mainland China
A milestone in connecting the FX industry across the entire world with a vital Chinese B2B audience has now been completed as FinanceFeeds has successfully registered a government-issued Chinese domain. FinanceFeeds.cn will go live in just a matter of days, bringing China to you, and taking your business across China
Mr Ryan, OANDA’s VP of Finance, joins director ranks of OANDA Europe, effective August 11, 2017.
GAIN Capital is beginning to implement its plan of expansion. We examine why it could well form an almost monopolistic environment in the United States retail FX market
Social trading is dead. Or is it? It depends how you look at it. Where others have long since gone, one particular company is taking a very unique view, right here in London – We take a look
Belgium’s FSMA says binary options fraudsters continue to target Belgian investors in the face of regulations.
NFA files a Motion to Dismiss the amended complaint by the plaintiffs citing “failure to state a claim”.