FXCM partners with CITIC Newedge Futures to penetrate China
Is Forex Trading Halal explained by professional Forex trading experts the “ForexSQ” FX trading team.
Is Forex Trading Halal or Haram?
Breaking news…. Forex industry leader FXCM has announced a new partnership with CITIC Newegde Futures, a key player in the China Futures market, to to open a new gateway for FXCM’s forex platform in China. The agreement includes the formation of an investor-oriented educational platform for Chinese traders.
Forex brokers around the world have been very active looking at different ways to penetrate the China forex market, and to target Chinese traders both in the mainland and without. Strategies have included opening offices in Hong Kong and Australia, and signing lucrative deals with IBs. With its larger capital base and resources, FXCM is able to take a large leap such as the CITIC partnership to directly target Chinese traders.
Is Forex Trading Halal or Haram Conclusion
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