What is a Forex Broker? There Are Several Types of Forex Brokers

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What is a Forex Broker?Any active foreign exchange market has many foreign exchange intermediaries (Exchange Dealers), which are called “Exchange Traders” in the United States. Like stock market intermediaries, foreign exchange intermediaries (brokers) only play the role of intermediaries in the foreign exchange market. Its main task for the purpose of earning commissions is to…

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False propaganda, Leumi-vest was officially warned by the New Zealand FMA

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New Zealand’s Financial Markets Authority (FMA) recently placed Leumi Vest and its website leumi-vest.net on a warning list on its website.The FMA said: “We believe that Leumi Vest is defrauding through its website, which offers investment schemes and claims to offer high returns to investors. However, we understand that investors cannot withdraw the funds they…

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Mor Weizer joins TTB Partners’ bid for Playtech

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Well it looks like the sale of Playtech isn’t dead quite yet. After its shareholders rejected the sale of the company to Australia’s Aristocrat Leisure Ltd (ASX:ALL) for 680p per share (or £2.1 billion) at the beginning of this month, Playtech has announced that its CEO, Mor Weizer, is joining a potential bid for the…

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Hargreaves Lansdown director Andrea Blance gets appointed to Aviva BoD

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UK direct-to-investor investment and online trading firm Hargreaves Lansdown PLC (LON:HL) confirms that Andrea Blance, Non-Executive Director of Hargreaves Lansdown, has been appointed to the Board of Aviva plc as an Independent Non-Executive Director. Her appointment is effective from today, 21 February 2022. Andrea Blance

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Sweden’s FI completes investigation of Ria Payment Institution

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Sweden’s financial markets regulator FI has completed its investigation into AML compliance of Ria Payment Institution. FI continuously conducts investigations to ensure that the money laundering regulations are complied with. The probe has been limited to how the company complies with the money laundering regulations’ requirements for general risk assessment, suitability testing and training. FI…

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European Commission consults on new approach to retail investments

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The European Commission today launched a targeted consultation to gather views on how to improve retail investing in the European Union. The Commission explains that whereas Europe has one of the highest individual savings rates in the world, the level of retail investor participation in capital markets remains very low compared to other economies. That…

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Nadex bans trader for violation of Membership Agreement

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North American Derivatives Exchange, Inc. (Nadex), which will soon have a new owner, has published a disciplinary notice as to Nicole Hedrick. Nadex Compliance sent Nicole Hedrick an email requesting information regarding her deposit patterns, sources of funding, and prior trading experience. The email also requested that she provide complete banking statements for all accounts…

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Exclusive: Gurpreet Dehal to replace David Meek as Equiti Capital Chairman

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FNG Exclusive… FNG has learned that Equiti Capital UK Limited, the London-based, FCA regulated institutional/B2B arm of global FX and CFDs brokerage Equiti Group, is making some changes to its senior management and board structure. Joining the Equiti Capital UK board is Paul Webb, who joined the company as COO last summer from rival firm…

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FP Markets adds new range of Soft Commodities

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Australian Forex and CFD broker FP Markets has expanded its offering of trading instruments by adding new Soft Commodities products to the FP Markets MT4 & MT5 Platforms. The broker has added the following products to its wide-ranging product offering: Corn (Corn / USD) Wheat (Wheat / USD) Soybeans (Soybeans /USD) Cocoa (Cocoa /USD) Soft…

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In Forex, what is a Pending Order?

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When we initially begin trading Forex, we frequently use a “market order” to enter the market. To participate, simply click the button to purchase or sell. The market order informs the broker that you wish to participate at the greatest available price, or the “market price.” There’s no assurance that you’ll obtain the price shown…

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