Search Results for: forex
BCSC warns for a Forex and Futures contracts provider
March 2nd, 2017
The British Columbia Securities Commission (BCSC) has issued a warning to inform public and investors about Trade12, owned and operated by Exo Capital Markets Limited and Global Fin Services Ltd. Trade12 claims to be based in Estonia, and offers an online ...
Online Forex and CFD Broker Pepperstone suspends UK trading
February 28th, 2017
Pepperstone has sent an email to its UK clients to inform them that the company is temporarily suspending trading in the UK Pepperstone, an Australian online Forex and CFD retail Broker has informed its UK clients that has suspended ...
Gain Capital Successfully Transfers Former FXCM U.S. Retail Customers To FOREX.com
February 28th, 2017
GAIN Capital Holdings, Inc. (NYSE: GCAP) (“GAIN” or “the Company”), a global provider of online trading services, announced that it has successfully migrated the former customers of FXCM‘s U.S. business to GAIN’S retail brand FOREX.com (www.forex.com). Over the weekend, GAIN ...
Ex-Forex Traders jailed for false trades
February 22nd, 2017
Ex-Deutsche Bank trader Toh sentenced to eight weeks Former HSBC senior dealer Chng handed 15-week sentence Two former currency traders from Deutsche Bank AG and HSBC Holdings Plc were sentenced to jail terms of as long as 15 weeks ...
Dutch regulator AFM prepares advertising prohibition on Binary Options, Forex and CFDs
February 21st, 2017
The Dutch regulator, Financial Markets Authority (AFM), has issued an announcement to inform that it starts a consultation period for responds in relation to proposed changes in advertisement of certain financial products considered to be highly risky. According to ...
Citibank N.A. settles for being part of forex trading cartel
February 21st, 2017
Today, the Competition Commission has filed with the Competition Tribunal a settlement agreement reached with Citibank N.A. for being part of the forex trading cartel. The Commission found that from at least 2007, Citibank N.A. and its competitors had ...
SFC reprimands and fines GMO-Z.com Forex HK Limited $1.6 million
February 9th, 2017
The Securities and Futures Commission (SFC) has reprimanded and fined GMO-Z.com Forex HK Limited (GMOHK) $1.6 million for deficiencies in its order execution and slippage handling procedures, and failures in its electronic trading system for leveraged foreign exchange contracts ...
Russian Forex broker PROFIT Group stop providing binary options
February 1st, 2017
The Russian Forex broker PROFIT Group has issued an announcement to inform that the firm cease providing binary options since February 1, 2017. The firm informs that to transfer funds in the Forex trading account, clients must place an ...
The seven simple rules on how to avoid Forex scams
January 30th, 2017
Forex scams are common despite the fact that regulatory authorities around the world are actively trying to set regulations and rules to protect investors and public from fraudsters. Forex market is still unregulated to a large extent and fraudsters ...
Investigators turn attention to second forex fraud
January 25th, 2017
As the man behind a Dh50 million foreign exchange scheme that promised to double investors’ money is arrested for a second time, investigators are now turning their attention to a second forex fraud believed to have snared thousands of ...
