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Brokers News

  • youtradeFX Granted FSA Liscense

    youtradeFX is an internet brokerage and investment firm. Through their advanced website and trading platform, traders can invest in CFD’s (certificates for difference) on stock, commodities, indices and the foreign exchange market.youtradeFX, adopted and has maintained sound business practices that respect ethical values which is a key part of their

  • UFX Bank Cease Trade Order issued in Canadian Province

    Canadian Financial Services Commission issued a Cease Trade Order on February 22, 2012, against UFX Bank, also known as www.ufx.com.Authorities have documentation that UFX Bank through their website www.ufxbank.com have defrauded a Canadian resident of an estimated $27,000. UFX Bank appears to be UK-based, but authorities in Belgium and Cypress have also

  • Ava FX Opens in Sydney, Australia

    Ava FX announced on Monday January 23, 2012 that they have opened an office in Sydney, having been granted a liscense from the Australia Securities and Investment Commission to operate in Australia. Ava FX is now a fully regulated brokerage offering a complete range of services in the FX and CFD

  • US Courts Fine FxOpen $140,000 and Order them to Cease Operations in the US

    In a press release yesterday, it was learned that the US Federal Court fined FXOpen Investments $140,000 as Civil Monetary Penalty for Acting as an Unregistered Retail Foreign Exchange Dealer. The US under the Frank-Dood Act of the Farm 2008 amendment.Recently, the US has been cracking down on unregistered foreign

  • AVA FX Makes Great Impression

    As the year comes to an end, and it has been one very unusual year. Never before in the history of the markets, have we witnessed so much volatility, so many rollercoaster rides, so many rumors and false reports and such uncertainty. Many brokers, traders, and investors have had sleepless

  • Alpari aTrader Upgraded To Better Serve Clients

    Alpari aTrader has just been upgraded to an incredible new format. Alpari traders with an Android OS smartphone or tablet will have access to even more tools and features in their mobile trading. Alpari’s goal is to make trading on their platform as simple and easy for their clients as

  • The MF Global Saga Pieced Together part 3 of 3

    Last week, KPMG, the administrator for the liquidation of MF Global’s British arm announced it had recovered £795 million ($1.25 billion) from both customers’ accounts and corporate funds held by MF Global in that country. That amount is slightly more than the £724 million U.K. customers had in segregated accounts

  • The MF Global Saga Pieced Together part 2 of 3

    How fast things have changed for MF Global and Corzine. Earlier this afternoon, the Associated Press broke news that MF Global admitted to co-mingling client money with its own funds during a phone call with federal regulators on Monday morning. The AP noted that the action could be civil violation. “Government rules

  • The MF Global Saga Pieced Together part 1 of 3

    MF Global, headed by former New Jersey Senator and Goldman Sachs CEO Jon Corzine, filed for bankruptcy yesterday, but reports that $700 million is missing has spooked creditors and others on Wall Street,  reports DealBook’s Azam Ahmed. Best case scenario, the “missing money” is just sloppy “internal controls,” but worst case scenario, the financially unstable

  • eToro Blog Gets A Facelift

    The highly acclaimed and popular news blog from eToro trading platform has had a complete makeover. Updated navigation tools have been added and the blog is now completely user friendly. Leave it to eToro to keep adding features for their followers, traders and clients. eToro always put their traders first.The key to

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