FinanceFeeds
ITALY WATCHDOG BLOCKS OUT SUNGERFX, FINEXTRADER AND TEDEX.CO
Consob once again blocked access to yet another number of investment websites, including those holding licenses in other jurisdictions. The watchdog added five domains to its register of banned internet sources for illegally promoting trading products in the country. Italian investors have been warn
MALTESE WATCHDOG WARNS OF BOGUS BROKER FXTRADEWOLF
The Malta Financial Services Authority is drawing the attention of local investors to a possible fraudulent scheme or financial scam operating under the brand name Fxtrade Capital Markets Ltd / Fxtradewolf. The MFSA said that this shady broker is operating without proper authorisation and is likely
DUKASCOPY WARNS OF SCOIN, A CLONE SCAM IMPERSONATING ITS CRYPTOCURRENCY
Switzerland’s forex bank and broker, Dukascopy, today warned against a fraudulent website that have been falsely claiming affiliation with its authorized brand. The clone entity, operating through the domain https://www.app-uplow.vip/dist... prompted action from the regulated compan
FX AND CFD BROKER RIZZAK CAPITAL LOSES AFS LICENSE IN AUSTRALIA
Rizzak Capital Pty Ltd has held AFS licence no. 429966 since 30 January 2013, but the firm was far from being a prominent broker within the local brokerage space.The Australian Securities and Investments Commission (ASIC) has canceled the Australian financial services (AFS) license of Rizzak Capital
EXNESS’ MONTHLY TURNOVER STAYS WELL ABOVE $2 TRILLION MARK
FX trading volumes are climbing again as economic uncertainty spurred by uncomfortably high inflation and central banks’ policies encouraged speculators to pile back into the market. The latest group of retail FX platforms to report their monthly volumes indicate that July was yet another busy
INTERACTIVE BROKERS’ CLIENT TRADES HIT LOWEST LEVEL SINCE OCTOBER 2020
Interactive Brokers LLC (NASDAQ:IBKR) saw 1.823 million daily average revenue trades, or DARTS, in July 2022 compared to 2.01 million transactions in the prior month. One thing to note is that there was 1 trading day more in June. This figure is lower by nearly a quarter on a yearly basis, and the l
OCTAFX REBRANDS AND CUTS SPREADS BY 20-25% IN 11TH ANNIVERSARY
OctaFX has now decided to rebrand and adopt a fresh new look, with refined colors, space-inspired elements, and a new logo. OctaFX is 11 years old and to mark the anniversary, the FX and CFD broker has lowered spreads by 20% on XAUUSD, EURUSD, GBPUSD, USDJPY, GBPJPY, USDCHF, XTIUSD, and US30, as wel
IFOREX ADDS NON-LEVERAGED CFDS FOR LONG-TERM INVESTMENT GOALS
“This expanded selection of non-leveraged stock derivatives provides an even more level trading field for traders of all degrees of experience, while equipping them with more potential opportunities to achieve their long-term investment goals.” The BVI-based operation of iFOREX has expanded the offe
Is Forex Trading a Viable Option for Students?
Currently, nearly £20 billion is loaned to approximately 1.5 million students in England every single year, while the total value of outstanding loans peaked at £182 billion in March 2022. While this debt doesn’t have to be repaid immediately, it represents a significant financial burden. At the sam
IG OVERTAKES INTERACTIVE BROKERS AS US 4TH LARGEST RETAIL FX BROKER
The US business of Europe’s largest spread better overtook IBKR as the fourth largest holder of retail FX funds —something that only happened a number of times with Charles Schwab as both companies duke it out for dominance. Charles Schwab was the best performer for the month after it registered an
DUBAI REGULATOR REMOVES TRADITION’S TREVOR CONWAY’S LICENSE FOR “LACK OF COMPETENCE”
The Dubai Financial Services Authority (DFSA) has announced it withdrew the Authorised Individual status and imposed a restriction on Trevor Conway, a Senior Executive Officer at the DFSA-authorised firm Tradition, the interdealer broker arm of Swiss-based OTC interdealer broker Compagnie Financière
FRENCH REGULATOR WARNS OF ALTOFX, HONORFX AND XNVEST
France’s financial markets regulator, the Autorité des Marchés Financiers (AMF), on Tuesday shed light on several unregulated forex and cryptocurrency brokers representing their offering under several brands. The blacklisted firms have been providing professional investment services to domestic cli
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