• CySEC has suspended the CIF license of PFX Financial Professionals Ltd

    The Cyprus Securities and Exchange Commission (‘CySEC’) announces that, on its meeting of 22nd October 2018, decided to wholly withdraw the Cyprus Investment Firm authorisation of PFX Financial Professionals Ltd. The company operates the brands FXFINPRO Capital and FINPROINVEST. The main reason for the license withdrawal is the Company’s non-compliance. The company was flagged for...

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  • ASIC imposes licence conditions on Kaz Capital

    Australian regulator ASIC has just announced that it has imposed additional conditions on the Australian Financial Services (AFS) license of the company Kaz Capital Pty Ltd (Kaz). Kaz Capital provides general financial product advice on certain deposit and payment products, derivatives, securities, and managed investment schemes. The company provides specialized financial services to domestic and...

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  • HotForex acquires DFSA license and expands its operations in the UAE

    HF Markets, known by its trading name HotForex, has got its license from the Dubai Financial Services Authority (DFSA) and has now announced about the operations in the United Arab Emirates (UAE). HF Markets already has operations in the UK, South Africa, and Cyprus. The Dubai Financial Services Authority (DFSA) is the financial regulatory agency...

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  • Binary Option Scams

    What is Binary Option and how to trade them? Find out who are Binary Options Scams, how they work and how to avoid falling into a trap? While the main aim of scammers is to get clients funds or personal details, everyone likely to fall under unlikely actions of scams, that is why you should...

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  • Forex Trading Scams

    Who are Forex Trading or Forex Broker scams? How they work? How to avoid scams or what to do if you already scammed? We are here to answer all typical questions traders might have, as an increasing flow of trading scams with sophisticated attempts that target, actually, everyone with promises of miraculous gains, high returns...

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  • Halifax Investment Services has gone into administration

    According to the notice from insolvency specialist Ferrier Hodgson, Halifax Investment Services in Australia entered administration on November 23. The partners of the Ferrier Hodson were appointed administrators of the Australian brokerage. Halifax Investment Services Pty Limited provides investment management services in Australia. It offers various financial products in a range of asset classes, including...

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  • FxPro Announces Partnership Agreement with McLaren F1 Team

    FxPro, a London-based foreign exchange brokerage, has announced about a multi-year partnership agreement with Mclaren F1 Team. Terms of the sponsorship deal were not disclosed, but it was confirmed that FxPro prominent branding will now appear on McLaren cars during all F1 races. The FxPro logo will appear on the MCL33 car from this weekend’s...

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  • GAIN Capital has released April’s operating report

    GAIN Capital Holdings has announced its trading volumes for April 2018. The report shows the slowing of the FX volumes and these are the lowest metrics of the company of 2018. Although, the last year was successful enough as the volumes were increasing very fast. GAIN Capital Holdings, Inc. is based in Bedminster, New Jersey....

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  • Dukascopy Bank SA opened a new representative office in Dubai

    Retail FX broker and bank Dukascopy, based in Geneva, Switzerland, has announced about the opening of its Representative Office in Dubai – Dubai International Financial Centre (DIFC). The Swiss brokerage has added one more location to its global network. The bank already has representative offices in Hong Kong, Kuala Lumpur, Moscow, Kiev and Tokyo. Dukascopy...

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  • Several Big Brokers Are Looking To Get Dubai Financial Services License

    Three largest brokerages such as CMC Markets, LCG and Pepperstone and two more major companies have applied for getting the Dubai Financial Services Authority license. These companies want to acquire an operating license in Dubai. The Dubai Financial Services Authority (DFSA) is the financial regulatory agency of the special economic zone, the Dubai International Financial...

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