It's a New Year, which means that a lot of brokers have updated their sites and services, or that they have announced other notable ventures. Check the headlines below to find out what some of the top Forex brokers are doing to make 2012 better than ever.
FXCM Launches FXCM Canada
FXCM, a Forex broker that has long maintained Forex brokerages worldwide announced this week that it has opened FXCM Canada, an outlet through which Canadian Forex traders can enjoy the brokerage's trading opportunities with a locally registered brokerage. FXCM Canada will be offered by Friedberg Direct, a division of the Friedberg Mercantile Group Ltd., which is a member of the Investment Industry Regulatory Organization of Canada (IIROC), the Canadian Investor Protection Fund (CIPF) and all Canadian exchanges.
All FXCM Canada traders will be able to enjoy the company's competitive trading conditions, no dealing desk execution and its newly unveiled web trading platform, among other benefits.
Alpari Now Offers Spread Betting in the UK
Similar to binary options, spread betting allows traders to speculate on whether the market will go up or down, thereby profiting whether the market moves in either direction. Alpari's new spread betting option is available for as low as 10 pence per point on the brokerage's MT4 platform, making it a great way for new traders to get their feet wet. Perhaps most beneficial is the fact that spread betting profits are exempt from income tax, capital gains tax and stamp duties in the UK.
Anyone interested in Alpari UK's spread betting option must open a separate account for this type of trading.
Gallant Capital Markets (GCMFX) Launched Mobile Forex Trading
In its continuing effort to meet the needs of all Forex traders, GCMFX has launched a mobile Forex trading platform which allows traders to use the company's MT4 platform from nearly anywhere. The platform is available for nearly every type of smartphone including iPhones and iPads, Androids, Windows phones, Symbian phones and Blackberry devices, a breadth of service not offered by every Forex broker that offers mobile trading. Traders can download the platform for their specific type of phone once they've opened a live GCMFX account.
FXPRIMUS Sponsors Malaysian Motorsport Racing Team
FXPRIMUS, a Mauritius-based Forex brokerage has recently announced its sponsorship of Team 1Malaysia FXPRIMUS Aleyzo, an endurance racing team that will compete in the upcoming Gulf 12 hours race which will be held on January 20, 2012 in Abu Dhabi. Team 1Malaysia FXPRIMUS Aleyso will be the only Malaysian team to be represented at the event.
Managers of FXPRIMUS sponsored this racing team with the goal of showing that the brokerage contributes to the local community and to highlight the ability of Malaysian drivers to shine in international motorsports events.