Despite the recent increase in capital requirements by offshore regulators, they still have zero credibility. To license offshore means to loose all credibility.
Africa, despite its basket case FX situation, is becoming an even greater land of opportunity for OTC brokerages
As doing business in Western markets becomes increasingly difficult and restricted, Africa looks like a land of opportunity as central banks in countries where the local population have zero faith in their domestic markets create FX frameworks. We take a close look
“New CySec rulings will squeeze already stretched retail FX firms” says Leverate General Manager Sami Mana
The big risk that faces the brokerage sector in the European Union is that there will be further consolidation in that many will close, and others will merge meaning that there will be less brokerages but the ones that continue to operate will be large due to consolidation” – Sami Mana, General Manager, Leverate
“Companies in Britain with STP-only licences that operate an agency model in terms of execution are ever more desirable. Those firms are considered as fairer and safer among Chinese brokerages, partners and traders, because they don’t trade against you” – Naomi Ewart-Simcock, AFX Group
May the climate for advertising of trading products in France worsen further? Yes, it may.
There has been a growth in retail demand for automated algo trading compared to the home-based EA programmer who simply wants to set up a straight forward automation strategy and connect it to MetaTrader 4 and let it run, as had been the case a decade ago. Offering clients a value proposition along these lines is a great differentiating factor and aquisition and retention tool in today’s enlightened market
Why is IronFX still licensed when it owes a fortune in unpaid tax to the very country that licenses it and fails to pay withdrawals? Why does the FCA license undercapitalized firms? The real quality in this industry is the result of the excellence, hard work and dedication of the professionals that lead the electronic trading industry, not the impotence of some of the regulators. It is time for customers to look at firms on a meritocratic basis and not just who is regulating them
Germany’s CFD proposals encourage the b-book: Insurance and no leverage limit means internalization of orders is the only way
By insisting that brokers insure a leveraged trading account against negative balances, Germany’s BaFin is by proxy encouraging brokers to go down the dealing desk market maker model, which is a retrograde step by some 10 years and is certainly not in client interests
Revolutionizing retail FX – We go into great detail on algo trading, AI and bots as brokers and traders need to turn a new page
” A modern automation system should certainly increase trading flows based on these strategies. And the type and quality of the flow it will generate will be quite favorable and can easily be handled by any A or B book broker” – Mikael Breinholst, CEO, Tradeworks
“There are many brokerages and trading merchants who feel that marketing their services on Facebook is largely just a waste of time, with little to no turnaround for the amount of time and resources they invested into it” – Yael Warman, Leverate
As the net closes in on the fraudulent binary options sector, many brands are now attempting to make a step toward offering FX. When bearing in mind how Tier 1 banks are restricting genuine liquidity to well established firms, the understanding and knowledge that is required to run a bona fide FX firm, and the complete difference in background and career path of leaders, these claims should be viewed with extreme caution
In Part Two of “Happy Hour with Lasty”, senior institutional FX executive Geoff Last brings his 39 years worth of experience to the forefront. A regular series by Geoff, where you can really enjoy his insights from within on a regular basis
For brokers providing mobile platforms in Britain, the lack of 4G service outside of London is a consideration worthy of note. We show the figures and provide an insight
This day in history: September 30, 2009 – Integral begins to offer brokers direct access to interbank FX market
We take a look back at “This day in history” within the world of FX taking a journey through annuls of time to look at the various groundbreaking developments that continue to take place in our fascinating.
A new practice has sprung up recently which brokers and traders should be aware of. Called ‘make-money affiliate […]
It’s all about engagement! We take a close look at the progress of Tradency’s RoboX which has onboarded 12 brokerages in 3 months
“While managed and signal-based or social trading are not new and have their role in the market serving particular segments […]
CySec has made tremendous steps to encourage good business practice in the most highly developed retail FX center on the planet. Here is what needs to happen next.
It’s not just traders that face ponzi schemes, it’s brokers too: Watch out for the digital advertising frauds
The retail FX industry has, ever since the dawn of its existence, been reliant to a large extent on digital…