Saxo Bank Denmark-headquartered broker, Saxo Bank announced its intentions on Thursday to become a public company by merging with the blank check company DCAC. The merger will allow for increased access and opportunity in both Europe as well as other parts of the world while still maintaining the quality customer service that has been knownRead More
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Has Bitcoin Replaced Gold as the Trader’s Sweetheart?
Gold has been a store of value against currencies and a hedge against inflation for hundreds of years. Forget diamonds; gold is really forever. This year, in particular, has been great for gold traders. Gold prices hit an all-time high of $2,075 in August. Its price trajectory, however, has been dependent on the coronavirus situation. But canRead More
FP Markets launches FP Markets Social Trading
FP Markets Social Trading allows traders to find, follow and copy successful traders automatically. Whether you are looking to trade as a Copier or offering trading strategies as a Provider, FP Markets Social Trading ensures you stay in control. Copy trading removes some of the complexities of trading forex and CFDs and allows customers a more accessibleRead More
CySEC has warned against Calibur and IcFxMarkets brokers
The Cyprus Securities and Exchange Commission issued a warning with regard to Calibur and IcFxMarkets. According to the official statement, these websites do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities. The Cyprus Securities and Exchange Commission, known as CySECRead More
Volatility Seen on Stocks, Following Ukraine-Russia and Fed Headlines
It looks like volatility is set to remain in the equity markets as traders (and algos) are constantly searching for news regarding geopolitical tensions in Eastern Europe. Tensions Remain but Might Be Improving During their Sunday phone call, Ukraine’s President Volodymyr Zelensky asked US Preident Joe Biden to visit Kyiv in person amid continuing WhiteRead More
Italy’s regulator CONSOB warns against FTE FX and RMT500
Italy’s financial markets and services provider regulator CONSOB has updated its list of forex brokers who are not licensed to operate in Italy. FTE FX and RMT500 are happened to get into the list. These firms have been offering investment services and activities to the Italian public without being authorized in the country. Commissione NazionaleRead More
ASIC further suspends the AFS license of Halifax Investment Services
ASIC has extended the suspension of the Australian financial services (AFS) license held by Halifax Investment Services Pty Ltd (Halifax) until 8 January 2021. As we previously reported, on the 14th of January 2019, ASIC has suspended the Australian financial services (AFS) license held by Halifax Investment Services Pty Ltd. Back then it was suspendedRead More
EU imposes Crypto Ban on Russia
As part of its eighth round of sanctions, the European Union has implemented a broad prohibition on offering cryptocurrency services to individuals in Russia. The move comes just days after Russia announced they would let the industry accept bitcoin and cryptocurrencies for international trade without restriction. Crypto ban The new measure steps up restrictions thatRead More
Ethereum Drops To $1,300 Amid Bear Assault
The crypto market is currently reacting to new economic data published in the United States. Ethereum, like many other cryptocurrencies, has been following trends and giving back its profit from this past week as it moves along with Bitcoin and other large digital currencies. Ethereum Ethereum trades at $1,300 with a 2% loss and sidewaysRead More
Apple Removes MetaTrader Trading Platforms from App Store
The popular forex and CFD trading platform, MetaTrader (MT4, MT5), developed by MetaQuotes, has been removed by Apple from its App Store without any prior announcement. MetaTrader As a result of this removal, iPhone and iPad users will no longer be able to download these platforms. However, those who have already installed them can continueRead More