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ForexSQ.com - FXCM introduces it web based version of the award winning FXCM Trading Station platform. FXCM Trading Station Web provides easier access to the forex market, combining uncomplicated trader functionality with an advanced GUI. This advanced web-based platform is fast, robust and exactly what FXCM clients have been asking for. FXCM Trading Station Web was built using the poweful Abobe
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Forex Brokers News - Fees for liquidating the MF Global Inc. broker-dealer may reach $100 million in a year, based on lawyers’ estimates and costs to wind down two other brokerages, Lehman Brothers Inc. and Bernard Madoff’s firm.
MF Global trustee James Giddens, whose official rate in the Lehman case is $891 an hour, and his law firm are supervising 100 Deloitte LLP consultants, 60 Ernst & You
Oanda, one of the largest online currency trading platforms for retail investors, has some unusual advice for its customers: Stay out of the market.
“We are encouraging our clients not to trade right now, but to watch the market carefully,” said Michael Stumm, president and chief executive at Oanda, in an interview.
Oanda this week sent an email to its clients, advocating that they move to
Forex Brokers News - Many readers contacted me asking why I think this is losses and not something else like withdrawals. The answer is I can’t know for sure but this is an unusually big drop in client deposits. I’ve compiled a study of client deposit changes since beginning of 2011 and there was only one drop in deposits bigger than September’s – in July 2011. That drop may be attributable to OA
Forex Brokers News - Finally all US retail forex brokers have updated their profitability stats and the result is surprising - overall profitability is up. This is despite the very volatile quarter forex markets have experienced which typically leads to high losses to forex traders. Apparently forex traders coped with this volatility better than I had expected.
Forex Brokers News - Apparently Non Dealing Desk doesn’t mean you get the best execution – NFA has just announced that it heavily fined FXCM for slippage malpractices. FXCM will pay $2 million directly to NFA and will compensate all customers who suffered from this practice since June 2008. The details of this case are not much different from the similar fine of $459k which NFA imposed on Gain Ca
Forex Bank - Today Deutsche Bank celebrates its 100th anniversary in Brazil. The Bank first established its presence in Brazil on August 1, 1911, when Deutsche Ueberseeische Bank, a Deutsche Bank subsidiary, opened a branch of Banco Alemão Transatlântico in Rio de Janeiro to foster trade between Brazil and Germany. At that time, Deutsche was as one of the first international banks to be establish
Forex Broker News - All brokers (except Tradestation) have updated their profitability numbers for the second quarter 2011. What clearly stands out is the drop in profitability experienced by clients of all brokers (with the exception of Advanced Markets – but its numbers are insignificant). On average clients’ profitability dropped 4% since last quarter. When talking to brokers most of them stat
Forex Broker News - FXDD, a leader in online Forex trading, today announced a white label partnership with top online Swiss bank, Dukascopy Bank SA. The partnership will allow US-clients to trade on the globally popular JForex platform. The partnership also allows FXDD to broaden its reach in the global marketplace by offering Dukascopy Bank SA's JForex platform in its suite of Forex trading in
Forex Brokers News - In conjunction with this new regulation, FOREX.com must discontinue metals trading for US residents on Friday, July 15, 2011 at the close of trading at 5pm ET. As a result, all open metals positions must be closed by July 15, 2011 at 5pm ET.
We encourage you to wind down your trading activity in these products over the next month in anticipation of the new rule, as any op
