• AETOS Capital Group extends AFC Champions League partnership with Sydney FC

    Australian football team Sydney FC has announced that they would be strengthening their partnership with retail broker AETOS Capital. The broker has been working with the Australian football team since 2017. AETOS and Sydney FC attended an exclusive interview from a number of influential sports media in China. Councillor Mike Thomas, Senior Vice President of...

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  • Han Tan joins FXTM team as Market Analyst

    Leading Forex broker FXTM has just announced that it has appointed Tan Chung Han (Han Tan) as a new Market Analyst of the FXTM Market Research team, with a focus on Southeast Asia (SEA). As a new member of the FXTM Market Research team, Han will act as the voice and face for the FXTM...

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  • CySEC has reached a settlement with CIF Hoch Capital Ltd.

    The Cyprus Securities and Exchange Commission (CySEC) announces that it has reached a settlement with Cyprus Investment Firm Hoch Capital Ltd. This firm operates the brand iTrader. The firm has agreed to pay €200,000 related to a compliance investigation started by the regulator. The iTrader has operated since 2012 and gained a reputation for success,...

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  • Forex broker FXTM gets a regulatory license in Mauritius

    Forex broker FXTM has recently announced that it got a license from the Financial Services Commission (FSC) in Mauritius. The FXTM brand is also regulated through the FCA, CySEC and the FSCA which are amongst the most stringently regulated financial authorities. FXTM holds the continual offering of excellent trading conditions at the heart of its...

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  • FCA fines UBS AG £27.6 million for transaction reporting failures

    UBS AG (UBS) has been fined £27,599,400 by the Financial Conduct Authority (FCA) for failings relating to 135.8 million transaction reports between November 2007 and May 2017. UBS has been found to have failed to ensure it provided complete and accurate information in relation to approximately 86.67 million reportable transactions. It also erroneously reported 49.1...

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  • Retail forex broker Colmex Pro gets €50,000 CySEC fine for the Markets Law violations

    The Cyprus Securities and Exchange Commission (CySEC) has announced that it has reached a settlement with Colmex Pro Ltd, a Cyprus investment firm. The settlement reached with the Company, for the possible violations, is for the amount of €50.000. The Company has paid the amount of €50.000. It is noted that the amounts payable from...

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  • A UK Brokerage ThinkMarkets acquires license from the FSCA

    ThinkMarkets has been awarded a licence by the Financial Sector Conduct Authority (FSCA) to offer electronic financial trading services to South African investors. 2010 saw the launch of ThinkForex in New Zealand with an aim to improve the forex trading experience by delivering leading technology to the community. Further, due to the company’s rapid expansion...

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  • OctaFX got licensed in Cyprus, to work with EU clients again

    OctaFX has confirmed that it got licensed by the Cyprus Commodities and Exchange Commission (CySEC). This license will allow the broker to operate an EU-based subsidiary and work with EU residents. According to the regulator’s register, OctaFX will be operating in Europe under the domain www.octafx.eu. OctaFX is currently owned and operated by Octa Markets...

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  • Dukascopy Warns Clients GCG Asia (Fake Website 2019)

    Switzerland-based forex bank and broker, Dukascopy, has warned customers that forex trading company GCG Asia is fraudulently claiming to be the bank’s authorized firm. In the announcement, Dukascopy Bank cautions  that neither it nor any entities of Dukascopy Group have relations with GCG Asia, although the latter fraudulently claims the opposite: “Please mind that contrary...

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  • Dutch regulator fines FPlus Trading for misleading claims about license

    The Dutch Authority for the Financial Markets (AFM) imposed an order for incremental penalty payments on FPlus Trading Ltd. (FPlus Trading). The order for incremental penalty payments was imposed because on its website (https://fplus.ai) FPlus Trading wrongfully states that it trades with an AFM license. This means that FPlus Trading misleads consumers and breaches the...

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