Broker News

Asian Forex broker InstaForex has ceased cooperation with Liberty Reserve, the payment system they have used up until now, following the company's closure at the end of last month. According to InstaForex, all funds deposited at Liberty Reserve have disappeared and according to Clause 7.7.1 of the Public Offer Agreement, all money that has vanished in this manner is deducted from the trading account of a customer and is stored in the company's accounts.

We have now entered a Brave New World of Forex Trading following the disclosure of a US Surveillance program ("?PRISM"), central bank manipulation of currencies ("?currency wars") and random acts of regulators (which are not mutually exclusive). With the increasing politicization of the financial markets, Forex traders are now becoming more exposed to market changes from geo-political rather than economic risk factors. As we know markets subjected to political rather than economic risk factors create unpredictable sharp short term volatility risk and cross country correlation risk which is almost impossible to risk manage and therefore costly to FOREX traders.

It's only June 11^th, but it's already been a busy month for Banc de Binary, one of the most popular and fastest-growing Forex brokers Banc de Binary, a company that is also regulated by CySEC and the United Kingdom's Financial Conduct Authority (FCA).

Previously tradable in only a few select exchanges and online websites, bitcoin trading is becoming increasingly popular in the binary options world, and iOption has become one of the first binary options brokers to offer trading of this popular electronic currency.

Although this announcement comes a bit late, we've decided that it's better late than never, right? Considering the number of US market.

Liberty Reserve, a digital currency company that has become one of the most popular forms of online payment for Forex traders has been shut down after U.S. and Costa Rican authorities arrested founder Arthur Budovsky Belanchuk. Budovsky, 39 was detained in Spain as part of a money laundering investigation jointly run by authorities in New York and Costa Rica.

Anyone interested in technology, the environment or the automotive industry has certainly heard about Better Place, an innovative Israeli company whose aim was to popularize electric cars that are not reliant on traditional fuel, a commodity whose price has continued to rise in recent years, plaguing consumers, especially those facing financial struggles during the downturns in both America and Europe.

Forex social trading broker, eToro, has been granted UK financial regulation approval from the Financial Conduct Authority (FCA).