Brokers News 

ATFX Awarded the “Fastest Growing Forex Broker, Europe 2017”

“As an international online leader in forex trading, we intend to continue getting it right and remain the fastest growing broker, be it in Europe or in any other part of the world” reports financemagnates.com. That, combined with our multilingual support, bespoke client services and media attention we continue to attract traders to our award-winning brokerage.And given that European FX traders are spoiled for choice with a massive number of FX brokers to choose from, ATFX is proud to have been recognized for its ability to grow at a fast…

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Brokers News 

Breaking: New European Retail Broker Leverage Rules Kick Off in August

“Today the pan-European financial regulator announced that the measures against binary options and CFDs brokers have been published in the Official Journal of the European Union” reports financemagnates.com. The binary options product will be fully prohibited, while CFDs are going to get restricted for retail investors.In addition, brokers will need to adhere to a 50 percent margin closeout rule and provide negative balance protection. Source: financemagnates.com Share This:

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Brokers News 

Too old to trade? GMO Click clarifies policy regarding those aged 81 years and above

“Japanese online trading services provider GMO Click Securities, a subsidiary of GMO Internet Inc. (TYO:9449), has earlier today broken that taboo and has shed some light on how it treats older customers” reports financefeeds.com. The broker has outlined its policy regarding people that are 81 years old or more.The broker has stopped offering new dealings in Forex and options to customers aged 81 years and above.However, some products are still available to elderly clients, including (certain) shares and bonds. And although European brokers will have to pay attention to the…

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Brokers Crypto News 

Unlicensed Cryptocurrency Broker Forfeits $1.1m…

“He acted as an unlicensed money transmitter and was eventually uncovered by federal agents” writes Jp Buntinx for livebitcoinnews.com. On top of that, Ong also forfeits $1.1m in cash and Bitcoin holdings combined.His business as a Bitcoin ‘broker’ eventually attracted the attention of law enforcement officials.He isn’t interested in where the money comes from, as he simply wants to run a Bitcoin brokerage service. Source: livebitcoinnews.com Share This:

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Brokers News Platforms 

What You Get, and What You Really Need from the FX Broker Platforms

“Most FX broker platforms offer the following headline services on their webpage: Most FX broker platforms offer these widely accepted tools and education programs for active retail traders” reports financemagnates.com. Retail traders have many choices, but they are all standardised off the shelf products made available through or external to the broker platforms.All these tools are freely available to retail traders either on the broker platform, purchased or subscribed via a third-party provider. Source: financemagnates.com Share This:

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Brokers News 

New ESMA Regulations: Broker Reliability More Important Than Large Leverage

“Some regulated brokers have raised concerns that the change may push traders to choose offshore brokers offering higher leverage over regulated ones” reports financemagnates.com. Trading with an offshore broker risks the safety of funds and unacceptable tricks that are disadvantageous to the trader such as slippage.There are obvious benefits of trading in a regulated environment that offers protection in case of issues with the broker.Traders should ask themselves if they are willing to take these substantial risks for large leverage that offshore brokers flash.The Forex industry is adapting to the…

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Brokers Crypto Markets News 

Nasdaq Could Become Crypto Exchange

“Nasdaq has announced a partnership with cryptocurrency exchange Gemini that will utilize state-of-the-art surveillance technology to detect possible manipulation and fraud” writes Alan Farley for investopedia.com. Cameron and Tyler Winklevoss own and operate Gemini, with many analysts expecting the collaboration to mark a first step toward Nasdaq providing full-blown crypto offerings.A number of traditional U.S. brokers including E*TRADE, Interactive Brokers and   Lightspeed Trading already offer crypto trading through CME and CBOE bitcoin futures contracts.Nasdaq President and CEO Adena Friedman added to that speculation, saying that the company “would consider becoming a…

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Brokers News 

Buying a home? Sellers may use cameras, microphones to spy on house hunters

“A growing number of home sellers are using security cameras and microphones to spy on potential buyers as they tour their houses or condos” writes Usa Today for thedailyjournal.com. But not in the more common scenario in which the only ones monitored are the house hunter and his or her broker, both unsuspecting.Some regional Realtors’ groups now require home sellers to inform their brokers of any surveillance equipment as part of standard broker contracts, Walker says. Source: thedailyjournal.com Share This:

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Brokers News Platforms 

Google simplifies connections between its cloud services and Kubernetes clusters

“The Kubernetes Service Catalog and Google Cloud Platform Service Broker API provide programmatic access to other cloud services like Pub/Sub, Cloud SQL, and Cloud Spanner” writes Blair Hanley Frank for venturebeat.com. Google Cloud announced a new pair of tools in beta today designed to simplify the process of integrating its cloud services with applications that are managed by a Kubernetes cluster.Microsoft already offers an Open Service Broker for Azure that provides similar functionality for connecting Kubernetes workloads to its cloud services.It’s also a win for the cloud provider because these…

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Brokers News Platforms 

Why We Need to Start Expanding Financing Options…

“The application is a blockchain-based, peer-to-peer mortgage lending platform” writes Guest User for livebitcoinnews.com. Firstly, to modernize the outdated mortgage lending system to make it more efficient, cost-effective, and customer-centric.Homelend is a mortgage crowdfunding platform that is working hard to refresh the archaic process of taking out a mortgage and disrupt the current $31 trillion global market.It enables borrows to easily apply for a loan, track their application status at all times, and even interact directly with mortgage lenders at any time of their choosing. Source: livebitcoinnews.com Share This:

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