Forex Brokers news

16/02/2017Fibo Group :: Trading Account In Gold

FIBO Group is glad to announce that now you can choose gold as a basic currency of your trading account.

Gold is one of the most stable actives, so by converting your deposit into GLD you gain confidence and safety from negative factors of economic or political instability.

With a deposit in gold you get better protection from drastic changes in the exchange rate than with a deposit in some currency. The the world gold reserves are small and have sell limitations imposed by central banks in accordance with the Washington Agreement on Gold of 1999.

The deposit currency against GLD is equal to one thousandth of the current quotes of the spot rate XAU/USD. As a result we have calculated that the counter value  in USD is 0.031 gramme of pure gold.

The New currency GLD is available on MT4 NDD and MT4 Cent accounts. After depositing funds to your trading account with basic GLD currency our clients can use all services available  for  the accounts in standard currencies.

The only difference is that all account parameters including balance and profit are calculated in gold.

Test trading with new currency GLD today, we are sure that it will make your work on financial markets more secure and profitable.


08/02/2017Alpari :: Changes To The Alpari Cashback Loyalty Program Regulations

On 9th February, changes to the regulations for the Alpari Cashback loyalty program will take place. The alterations affect clauses 2.2, 3.3, 5.4.

The remainder of the regulations will be left unchanged.Source: "Changes to the Alpari Cashback loyalty program regulations"

details here...


18/01/2017Weltrade :: Termination Of Pamm Service

We regret to inform you that due to technical features of the software and changes of objectives in the process of company development, management has decided to suspend PAMM-accounts service. In this regard:

  • Opening of new accounts (managers* and investors*) is no longer available from January 18, 2017.
  • Current accounts will continue to work until February 28, 2017.
  • On March 1, 2017, all the PAMM accounts (managers* and investors*) will be closed in a compulsory manner and the funds will be transferred to Safe.

Please consider these restrictions when making trading operations and make all the necessary steps before the service will be closed.

As before, we will continue to provide quality service and individual approach to each client. Comfortable trading, fast orders execution and the best trading conditions on the brokerage market are still our top priorities.


16/06/2016Fibo Group :: Temporary Changes To Trading Conditions Begin On June 20

FIBO Group, following recommendations of the regulator, notifies you about changes to the trading rules, size of margin collateral, and execution of orders due to the referendum on Great Britains membership in the European Union. The changes concern MT4 Fixed, MT4 Floating, M4 NDD, and cTrader STP accounts, and will become effective at 00:00 EET on Monday, June 20, 2016.

For MT4 Fixed and MT4 Floating accounts

- 1:50 is the fixed value of the margin collateral for all trading symbols. Please note that the margin collateral will be recalculated for all open positions. In case of discrepancy between the values ​​of margin collateral and the new requirements, positions will be forced closed.

- currency pairs AUD/DKK; AUD/SEK; AUD/ZAR; CAD/CHF; CAD/MXN;CHF/NOK; CHF/SEK; EUR/CZK; EUR/DKK; EUR/HUF; EUR/PLN; EUR/SGD; EUR/ZAR; GBP/DKK; GBP/NOK; GBP/SEK; GBP/SGD; GBP/ZAR; NZD/CHF; SGD/JPY; USD/CZK; USD/HUF; USD/PLN will be switched to Close Only mode. Opening of new positions will be temporarily unavailable.

- for MT4 Fixed and MT4 Floating accounts, S/L orders can be executed with slippage.

For cTrader STP and MT4 NDD accounts- 1:50 is the fixed value of the margin collateral for all trading symbols. Please note that the margin collateral will be recalculated for all open positions. In case of discrepancy between the values ​​of margin collateral and the new requirements, positions will be forced closed.

Furthermore, starting on June 20, all instruments may be switched to Close Only mode in case of high market volatility. Significant widening of spreads and increased margin requirements are also possible. Prior to the close of trading on June 17, 2016, we strongly recommend that you bring positions into strict compliance with the new trading conditions. The end date for the special trading conditions will be announced later.


15/06/2016Roboforex :: Quoting Rules For Cfds On Oil And Stocks Will Be Changed

The mode for all CFDs on stocks will be changed to "Close Only".


08/01/2016Exness :: Announces Changes To The Client Agreement

We invite you to review the new version of the Client Agreement and all its accompanying documents governing the relationship between EXNESS (CY) Ltd and its clients.

You can review the changes and additions to the Client Agreement at the following link.


16/12/2015Exness :: Changes Made To The Rules On Providing Leverage

Exness Group is writing to inform you that it has optimized the procedure for changing margin requirements on weekends and holidays.

Pursuant to the rules on providing leverage, increased margin requirements will take effect for orders opened from 19:00 GMT +0 on Friday through 23:00 GMT +0 on Sunday. The margin for such positions will be calculated based on a leverage of 1:200.

As such, the period which the increased margin requirements are in effect has been reduced, and the procedure for calculating margin has been amended: the margin for positions opened before 19:00 GMT +0 on Friday will no longer be recalculated.


21/02/2015Alpari :: A New Spread Discount With A 20% Compensation Rate

For a few months now you have been able to use our unique Alpari Bonus Program. We hope that during this time you have managed to come to appreciate the benefits of using it and improve the conditions in which you conduct your work with Alpari. However, we are not resting on our laurels and are continuing to perfect our Bonus Program!

A new spread discount with a 20% compensation rate is now available for you to use. The discount will allow you to save up to 400 USD a month! In line with this new offer, 5% and 10% discounts have been reduced by 1,000 and 2,000 points respectively. You now only need 2,000 ALPs to improve your spread trading conditions.


09/07/2011Fibo Group :: New Webmoney Payment Details!

Due to the contract reissuance with the electronic payment system WebMoney and Capitaller Passport receipt the payment details for trading account replenishment have changed. Please use the new payment details (WMID 173475933005):

  • Z277375538574 for US dollar transfer
  • E187000030133 for Euro transfer

The transfers made to WMID 155607569958 and WMID 724058381683 will not be credited.


19/06/2011Forexcent :: Updated Site Design

Company ForexCent tirelessly ensures that customers would be convenient to use the various resources the site. So in addition to updating the site, now have the opportunity to trade directly with him without going to the trading platform.


11/05/2011Liteforex :: The Launch Of Liteforex’ «feel The Spread» Contest

LiteForex group of companies announces the launch of a new contest «Feel the Spread», the total monthly prize money of which amounts to 3600$!

Now any holder of “Floating Spread” type of account can take part in the «Feel the Spread» weekly contest every Tuesday and get real money deposited in his account as a prize.

Seven holders of “Floating Spread” accounts will be the winners of the «Feel the Spread» contest according to the rating formed after the contest ends. To be part of “the lucky seven”, you’ll need to make the maximum of transactions within 1 contest day with the minimum spread amount.

The winners will be awarded real money as a prize that can be used in trading or withdrawn just after it’s deposited in the trading account.


03/05/2011Liteforex :: Accounts Of The “lite” Type In A New Platform: Staying Faithful To Tradition

Improving and enlarging the set of its services, LiteForex has introduced a new type of account for working on the MT5 server – the “Lite” type.  

The introduction of this type of account enables beginning traders to try out their trading strategies and tactics in the next-generation platform MT5. Since MQL-5 programming language different from MT4 language is built in the MT5 terminal, such accounts are going to be helpful when testing advisers and users’ trading scripts.   
 
You can open an account of the “Lite” type for trading on the MT5 server in Trader’s Cabinet. When opening an account, you’ll need to indicate a type of trading platform and a type of account in the respective fields.

13/04/2011Trade Easily With Uwc Webtrader

Would you like to have instant and hassle-free access to a trading platform that does not require any extra downloads? Then our UWC WebTrader will be your ideal web application through which you will trade online with a single mouse click from any corner of the world and at any time. And all this comfortably and easily.

Excellent for both demo and trading accounts, with the UWC WebTrader you will enjoy the easy and practical way of trading forex and CFD online. Supported by all web browsers and with no extra system requirements, you can have instant access to your account within a few seconds.

Why will you like the UWC WebTrader? Because it’s simple to use and has a user-friendly interface with the most important features: Market Watch with a wide range of trading instruments and with bid and ask rates; Charts with all your selected charts and indicators; all your current open positions and pending orders under Trades, together with balance, equity, margin, free margin and margin level; live market news to help you make the best trading decisions; and the record of all your trading actions visible under History.


08/03/2011Masrerforex :: Swap Volumes Changes

We bring to your attention that certain changes have been made to Swap volumes for particular currency pairs. The changes will come into effect on 10.03.2011.

Further information on the new conditions is available here.


24/02/2011Alpari :: Changes In Zulutrade Commissions

We would like to inform you, that starting on March 1, 2011, commission for classic.zulutrade and classic.ndd.zulutrade accounts on the ZuluTrade automatic trading platform will be 2 points of the widened spread for every completed transaction. This change in commission is due to a revision in the fee policy at ZuluTrade.

These changes will be included in clause 7 of the regulatory document, "Authorization to Accept Instructions from Zulutrade Inc".


13/02/2011Fxcompany :: Contract Specification For Forex Is Updated

In accordance to changing of major banks rates we have updated contract specification for FOREX trading tools. Please pay attention to new SWAPs.


09/02/2011Alpari :: New Margin Level Requirements

On February 14, 2011, changes will be made to the margin level requirements (based on total trading volume) for currency pairs and spot metals.

You can see more detailed information about the new requirements on our site.


09/02/2011Alpari :: Commissions Changed On Swap-free Accounts

Starting on the 14th of February, 2011, the commissions charged on 37 currency pairs will be changed on the following types of swap-free accounts: micro.mt4.swapfree, classic.mt4.swapfree and classic.systematic.swapfree.

To find out more about the new commissions, please refer to the table below:

TickerNew Commissions (USD)
USDCHF, USDJPY, EURUSD, GBPUSD, USDCAD, CHFSGD, EURDKK, EURHKD, EURSGD, GBPDKK, GBPSGD, NOKSEK, SGDJPY, USDDKK, USDHKD, USDSEK, USDSGD 5.00
NZDUSD, NZDCAD, NZDCHF, NZDJPY, USDRUR 10.00
AUDUSD, AUDCAD, AUDCHF, AUDJPY, AUDNZD, EURAUD, EURNZD, GBPAUD, GBPNZD, AUDDKK, AUDNOK, AUDSEK, AUDSGD, USDMXN, USDZAR 20.00

 

Learn about our current commissions in the "Contract Specifications" section on our site.


05/02/2011Exness :: Exness Leaves Nyse And Nasdaq

Dear Clients, as of February 27, 2011 we will no longer be trading on the NYSE and NASDAQ stock markets as part of a new strategic focus on our company’s priorities.

All open positions on these exchanges must be closed before February 27, 2011. Positions may be closed via client terminal or the client support service support@exness.com. On February 27, 2011 all open positions in NYSE and NASDAQ instruments will be closed automatically.


02/02/2011Alpari :: New Changes In The Regulatory Documents

Starting on February 10, 2011, the following changes in our regulatory documents will begin to take effect:


in our "Terms of Business":

•    Changes have been made in clauses 9.24, 9.30 and 9.37.
•    Changes have been made in defining "Dealer, a" and "Dealer, the" in clause 10.1.
•    Clause 10.5 has been added.
•    The term "gap level" has been removed from clause 10.1.

for ECN and NDD accounts, a single document will begin to take effect: "ECN.MT4 and NDD.MT4 Terms of Business":

•    Changes have been made in clauses 8.11, 9.6, 9.8, 9.9 and 9.19.

in our "Client Agreement":

•    Changes have been made in clause 16.1.
•    The term "normal market size" has been removed from Section 17.

You can read through the new changes on our site.


31/01/2011Fxcm :: Explains Their No Dealing Desk Forex Execution Model Vs. Competitors Dealing Desk

FXCM Inc., (NYSE:FXCM) launches the FXCM Forex Execution Center. With numerous requests for transparency in the forex market, the FXCM Execution Center will be a central hub on the FXCM websites that will provide forex traders with detailed information regarding forex execution practices. FXCM will continue to update this area over the coming months with insightful information and analysis.

The first step is to explain the different forex execution models. Unlike most other forex brokers, who act as market-makers, FXCM operates on an agency execution model.

FXCM takes the best bid and ask prices streamed to them from multiple large financial institutions, adds a markup (commission) on top of those prices, and shows them to clients. FXCM makes an identical amount of money in the form of pip markups (which are really commissions) regardless of whether the customer makes or loses money on a trade. As a result, FXCM earns consistent and transparent revenue per trade.

This is significantly different from brokers who operate a dealing desk execution model, where the revenue per trade is not as transparent. There are common practices, many times unknown to customers, which allow dealing desk firms to make more than just the mark-up attached to the prices streamed from large financial institutions. These practices include, but are not limited to, re-quoting customer trades, taking the opposing side of customers trades, and even preventing customers from trading or managing their positions during news events.

Many experienced forex traders may find the concept difficult to grasp. And it is especially hard for those new to the forex industry.

No Dealing Desk (FXCM): Learn How FXCM Executes Forex Trades
http://www.fxcm.com/fxcm-forex-execution.jsp

Dealing Desks (most of the other guys) learn about the potential conflict of interest between dealing desks and traders
http://www.fxcm.com/fxcm-forex-execution.jsp


14/11/2010Liteforex :: 1.5 Points From Each Transaction In The Multirebate System

LiteForex group of companies has implemented a revolutionary principle of spread reimbursement in a new MultiRebate system. The project puts into practice the reimbursement of maximum possible spread in the amount of 1.5 points from each transaction.

MultiRebate is a unique service as funds are accrued not only to the clients who conduct trading operations but also to partners.

Due to the advantageous proposal made by LiteForex, the task of attracting clients is becoming much easier. When a Partner becomes a member of the MultiRebate system, he significantly increases his referral base and earns much more money compared with working in the standard program. As soon as a referral logs in into the MultiRebate, instantly 0.4 points from each closed transaction are deposited to a partner’s account.

MultiRebate opens prospects for all market participants. Professional traders, who conduct a large number of transactions increase their income due to significant savings on spread; therefore, people who wish to have their own highly profitable business in the Forex-industry earn money by participating in our affiliate program.

You can find a detailed description of the new LiteForex service, logging into the MultiRebate site.


19/10/2010Exness :: Update Of The Client Agreement

EXNESS has issued a revised edition of its Client Agreement.

Please visit the following web pages to view the document:
Customer Agreement
General Business Terms

The following changes were implemented in the new edition of the Client Agreement:

  • More clear definitions of the requirements for using accounts with enhanced security;
  • Updated rules for non-trading operations to prevent money laundering;
  • The new rules were implemented to regulate the procedures executing deferred orders using Stop Loss and Take Profit functions.

Dear Clients, If you do not agree with the provisions of the new edition of the Client Agreement, you must send a close account request to the email address support@exness.com or via regular mail to Kuybyshev Street 21, St. Petersburg 197046, Russian Federation, P/O box 509 within 10 days after this notice is published. Otherwise you are deemed to approve the revised edition of the Client Agreement.



18/09/2010Forexcent :: Results Of The 10-week Contests

Results of the 10-week contests.

Congratulations to winners Ezhednevka:
Competition 50: Winner of 3002456, the participant with the pseudonym saab was awarded the prize account in the amount of $ 10.
Competition 51: Winner of 3002635, the participant with the pseudonym Margo was awarded the prize account in the amount of $ 10.
Competition 52: Winner of 3002741, the participant with the pseudonym GenToo awarded the prize account in the amount of $ 10.
Competition 53: Winner of 3002780, the participant with the pseudonym Mark was awarded the prize account in the amount of $ 10.
Competition 54: Winner of 3002861, the participant with the pseudonym Nina was awarded the prize account in the amount of $ 10.

Results of the weekly demo contest Weekly Contest 9:
A place was party to 3,002,240, with an alias ForMan and awarded a prize account in the amount of $ 50.
Took place 2 party 3,002,333, with an alias, and Morin was awarded the prize account in the amount of $ 30.
3 was replaced by party 3,002,203, with the pseudonym Bob and awarded a prize account in the amount of $ 20.

Winners of the real competition Forex Prince 8:
A place was party to 3,002,244, with an alias USB and awarded a prize of $ 200 on his trading account.
Took place 2 party 3,002,283, with an alias Valen and awarded a prize account in the amount of $ 50.
3 was replaced by party 3,002,202, with an alias Milk and awarded a prize account in the amount of $ 30.

Prizes awarded to the account and are active all of the next trading week, starting Monday 09/12/2010, 1:00 server time, ending Friday 09/17/2010, 23:00 server time.


11/09/2010Forexcent :: Results Of The Ninth Week Of Competition

Results of the ninth week of competitions.

Congratulations to the winners of the first round of the competition "5 $ to 1.000 $":
First place went to contestant GanBit, account 3001676 awarded $ 1.000.
Second place went to contestant Mark, account 3001726 awarded $ 500.
Third place went to contestant Luni, account 3001894 awarded $ 200.
Money can be removed at any time or transfer to any trading account.

Congratulations to winners of competitions Ezhednevka:
Contest 45: Winner of 3002142, the participant with the pseudonym Semen was awarded the prize account in the amount of $ 10.
Contest 46: Winner of 3002180, the participant with the alias Vlad rewarded the prize account in the amount of $ 10.
Contest 47: Winner of 3002233, the participant with the pseudonym ded awarded the prize account in the amount of $ 10.
Contest 48: Winner of 3002314, the participant with the pseudonym shiFX awarded the prize account in the amount of $ 10.
Contest 49: Winner of 3002363, the participant with the pseudonym GoodNoob awarded the prize account in the amount of $ 10.

This week's Demo Contest Weekly Contest 8:
A place was party to 3,001,902, with an alias Pivot and awarded the prize account in the amount $ 50.
2 was replaced by party 3001881, with an alias fxMoon and awarded the prize account in the amount of $ 30.
3 was replaced by party 3001922, with an alias Klos and was awarded the prize account in the amount of $ 20.

Winners of the real competition Forex Prince 7:
A place was party to 3002062, with an alias Iva and awarded a prize of 200 $ on his trading account.
2 was replaced by party 3001865, with an alias Jef and awarded the prize account in the amount of $ 50.
3 was replaced by party 3001851, with an alias and Lana was awarded the prize account in the amount of $ 30.

The prize awarded to the account and are active all of the following trading week, starting Monday 09/05/2010, 1:00 server time, ending Friday 09/10/2010, 23:00 server time.


31/08/2010Forexcent:: Gift Of $ 5 At The Expense Of The Payment System Okpay

Expanding the scope of services, the company entered into ForexCent cooperation with the new payment system OKPAY.
As an acquaintance with the payment system OKPAY, ForexCent company's customers receive a gift of $ 5 on account OKPAY.
Bonus $ 5 you can use to participate in a unique contest "From May to 1.000 $" or invest in any already opened an account with us ForexCent (including the accounts of Bonus-500 to improve your skills in the trade).

Separately dwell on the description of the contest "From May to 1.000 $", which started us specifically for a bonus of $ 5:
At the moment we have until 31 th of the first round of this competition, and on September 1 to start the second round of this competition with prizes of $ 1000!

Who can participate in this contest?
Participate may all who will make $ 5 on a competitive score. In this case you will not need to make their personal savings - if you are not yet a client OKPAY, then those $ 5 you receive as a gift.

A more detailed description of the rules of the contest can be found on the contest page - http://www.forexcent.com/rus/forex_contest.html


24/08/2010Forexcent :: Results Of The Eighth Week Of Competition

Results of the eighth week of competition.

Congratulations to the winners of the eighth week of competition "Daily":
Contest 35: Winner of 3001450 the participant with the pseudonym Hanna was awarded the prize account in the amount of $ 10.
Contest 36: Winner of 3001529 the participant with the pseudonym anachrox awarded the prize account in the amount of $ 10.
Contest 37: Winner of 3001557 the participant with the pseudonym Hutter prize was awarded the account in the amount of $ 10.
Contest 38: Winner of 3001620 the participant with the pseudonym Neron was awarded the prize account in the amount of $ 10.
Contest 39: Winner of 3001638 the participant with the pseudonym Kdb awarded the prize account in the amount of $ 10.

This week's Demo Contest "Weekly Contest 6":
One place was party to 3001368 with the pseudonym Michel and awarded the prize account in the amount of $ 50.
2 was replaced by party 3001495 with an alias CaSaVe and awarded the prize account in the amount of $ 30.
3 was replaced by party 3001375 with an alias Kly and awarded the prize account in the amount of $ 20.

Winners of the real competition "Forex Prince 5":
A place was party to 3001510 with the alias Alex and is awarded the prize of $ 200 in his trading account.
2 was replaced by party 3001438 with an alias Jef and awarded the prize account in the amount of $ 50.
3 place party won 3001369 with the pseudonym Michel and awarded the prize account in the amount of $ 30.

The prize awarded to the account and will be active all of the following trading week starting Monday 08/23/2010 1:00 server time ending Friday 08/27/2010 23:00 server time.


31/05/2010Alpari :: Improves Trading Terms For Cfd

We’re happy to announce that starting June 1, 2010, Alpari will improve trading terms on CFD. Pending orders on all CFDs held will be valid until deleted by the client or until the expiration of the trading instrument, simplifying work for our clients who use long-term trading strategies. In connection with these improvements, there will be changes made in clauses 5.4 and 5.5 of the Terms of Business.

Previous Version:

  • 5.4. Pending Orders on the Instruments, which are traded 24 hours a day, have “GTC” (“Good Till Cancelled”) status. The expiry date and time can be set by the Client in the “Expiry” field.
  • 5.5. Pending Orders on the Instruments, which are not traded 24 hours a day, have “Day Order” status and will be deleted at the end of a trading session.

New Version:

  • 5.4. For Instruments with Pending Orders that have the GTC (“Good Till Cancelled”) status, the order’s validity can be set independently by the Client, indicating a concrete date and time in the “Expiry” field. Otherwise the order will be accepted indefinitely. The order status for each instrument is indicated in the Contract Specification.
  • 5.5. For Instruments with Pending Orders that have the DO (“Day Order”) status, orders are only accepted within the trading session and are deleted by the Dealer at the end of the trading day. The order status for each instrument is indicated in the Contract Specification.

04/05/2010Fxcm :: Odl Group Limited To Be Acquired By Fxcm Holdings, Llc

ODL Group Limited ("ODL"), a leading, independent forex, derivatives, equities and commodities broker, announces today that it has agreed on terms to be acquired by US-based FXCM Holdings LLC ("FXCM"), a leading global forex broker that caters to both retail and institutional markets. ODL's strong UK and European businesses will provide an excellent complement to FXCM's sizeable operations in both the United States and Asia. The combined companies will operate as one of the largest non-bank forex brokers globally servicing over 200,000 live trading accounts with combined client assets in excess of US$800 million. The deal is still pending final due diligence review and regulatory approval.

Founded in 1999, FXCM is one of the largest forex brokers, regulated by several financial regulators including the Financial Services Authority in the UK and the Commodity Futures Trading Commission in the U.S. FXCM is one of very few forex and CFD brokers to regularly publish its balance sheet. With over $135 million in firm capital (assets minus liabilities), FXCM exceeds regulatory requirements.

Post acquisition, ODL will continue to trade under its current name. A major benefit to ODL clients will be that they gain access to FXCM's No Dealing Desk execution on forex trades. Under No Dealing Desk execution, forex trades are fully-automated and executed back-to-back with one of the world's premier banks or financial institutions. Over ten banks compete to provide FXCM with bid and ask prices, resulting in low spreads and fast execution, with no intervention from a dealing desk on forex trades. Another major benefit of No Dealing Desk execution is the ability to place orders within one pip of the market with no restrictions.

Commenting on the acquisition, Drew Niv, CEO of FXCM, said: "For several years, FXCM has been working towards becoming a major player in Europe. The deal with ODL will provide us with a great opportunity to achieve this. We believe FXCM will be the only retail forex firm with a truly global footprint. In an industry in which size and scale are important, this is a major advantage."


02/05/2010Forexcent Bonus Free 5 Usd

We are glad to announce new forex Bonus program. You can open free, no deposit forex trading account with 5$ for trading. 
Also there are nice 100% bonus on deposit up to 100$ for successful trading


01/05/2010Alpari :: New Accounts For Swap-free Trading!

More and more traders all over the world, not wanting to pay interest to banks, are choosing swap-free accounts. Alpari, in answer to this global trend, has expanded our account offering with Swap-Free accounts: classic.mt4.swapfree, classic.systematic.swapfree and micro.mt4.swapfree.

Alpari’s Islamic accounts used to only be available for a restricted number of clients from a specific list of countries. Now all Alpari clients have the opportunity to choose a swap-free account, whose trading terms have significantly improved. Swap-Free account holders pay a fixed commission instead of swap, which depends not on a bank’s interest rates but on the currency pair and number of open lots. The minimum commission on these accounts has now decreased to $3 per 1 lot. You can find more detailed information on the commission for different currency pairs in the Contract Specification..

These new accounts will be of interest to traders who prefer commission over swaps, as well as to our Muslim clients, since the Islamic Shariah Law forbids trading with swaps. Alpari, as always, strives toward making the Forex market accessible for everyone.


03/03/2010Betonmarkets :: New Extended Betting Times!

Please note that we have extended the betting times for all bets that expire within the same day, as follows:

  • Forex - Bets have to end 120mins before the market closes
  • Indices - Bets have to end 25mins before the market closes
  • US and UK stocks - Bets have to end 75mins before the market closes

For more information please refer to the Market Opening times section.


27/02/2010Masterforex :: Since 1 March 2010 The Changes In The Customer Agreement Come Into Force

Since 1 March 2010 the additions to the clause 3.1.12 of the Customer Agreement will be applied.
In particular, the new rules will be applied  to the changes of the limit & stop levels  when the important economic news and indicators are released


25/02/2010Alpari : Commission Lowered On Trading Account Deposits Through Moneybookers

We're happy to inform you that starting March 1st, 2010, the commission will be lowered on account deposits through the Moneybookers system.

From March 1st, 2010, when depositing to your trading account with a credit/debit card through the electronic Moneybookers system, you will be charged a commission of 2.2% + 0.29 EUR.

When depositing to your trading account using a bank wire transfer through the electronic Moneybookers system or using your Moneybookers wallet, you will be charged a commission of 1.2% + 0.29 EUR.


24/02/2010Dukascopy :: Margin Requirements

Transactions conducted in the SWFX marketplace may be done on margin trading basis, enabling a client to leverage a deposit for access to bigger liquidity from invested funds and amplified market effect. The multi-currency exposure of the account is limited by the Total Trading Line which is calculated in the base currency, by multiplying the Equity of the account by the leverage agreed with Dukascopy. During regular trading hours, the total Free Trading Line can be up to a 100 times the amount of the equity. The initial leverage of the account can be adjusted to different levels (e.g. 1:50 or 1:20) which are predefined by Dukascopy and the client. The necessary margin to run an exposure is computed each time at trade initiation, and the amount of Free Trading Line is updated in real time on the trading platform.

Minimum margin requirements

In order to protect clients from incurring liability above their equity and protect Dukascopy (Suisse) SA from associated risks, the following minimum margin policy applies: The minimum equity requirement for the self-trading account is 100 CHF. For accounts with different base currency the minimum amount of equity is calculated at the corresponding rate of the latest settlement. All open positions may be closed and the account may be blocked should the equity on the account reach the minimum margin requirement.

The minimum margin required to open a position depends on the desired leverage, currency pair and current market prices. The table below lists the minimum margins required to trade a contract of 100'000 for different currency pairs if the account's leverage is set to 1:100.

  Leverage 1:100*" Over-the-weekend leverage 1:30**
Currency pair Contract, mil In base currency In USD In base currency In USD
AUD/JPY 0.1 1000 AUD 901 USD 3333 AUD 3003 USD
AUD/NZD 0.1 1000 AUD 901 USD 3333 AUD 3003 USD
AUD/USD 0.1 1000 AUD 901 USD 3333 AUD 3003 USD
CAD/JPY 0.1 1000 CAD 964 USD 3333 CAD 3213 USD
CHF/JPY 0.1 1000 CHF 925 USD 3333 CHF 3082 USD
EUR/AUD 0.1 1000 EUR 1353 USD 3333 EUR 4510 USD
EUR/CAD 0.1 1000 EUR 1353 USD 3333 EUR 4510 USD
EUR/CHF 0.1 1000 EUR 1353 USD 3333 EUR 4510 USD
EUR/GBP 0.1 1000 EUR 1353 USD 3333 EUR 4510 USD
EUR/JPY 0.1 1000 EUR 1353 USD 3333 EUR 4510 USD
EUR/NOK 0.1 1000 EUR 1353 USD 3333 EUR 4510 USD
EUR/SEK 0.1 1000 EUR 1353 USD 3333 EUR 4510 USD
EUR/USD 0.1 1000 EUR 1353 USD 3333 EUR 4510 USD
GBP/CHF 0.1 1000 GBP 1495 USD 3333 GBP 4981 USD
GBP/JPY 0.1 1000 GBP 1495 USD 3333 GBP 4981 USD
GBP/USD 0.1 1000 GBP 1495 USD 3333 GBP 4981 USD
NZD/USD 0.1 1000 NZD 697 USD 3333 NZD 2320 USD
USD/CAD 0.1 1000 USD 1000 USD 3333 USD 3333 USD
USD/CHF 0.1 1000 USD 1000 USD 3333 USD 3333 USD
USD/JPY 0.1 1000 USD 1000 USD 3333 USD 3333 USD
USD/NOK 0.1 1000 USD 1000 USD 3333 USD 3333 USD
USD/SEK 0.1 1000 USD 1000 USD 3333 USD 3333 USD

* The minimum margin requirements will differ if the initial leverage is changed
** See section "Over-the-weekend leverage" for additional information
*** If equity for the self trade account is less than CHF 100 or equivalent in foreign currency, the account may be blocked by Dukascopy.

Use of leverage

In order to facilitate the perception of used margin and the extent of an exposure, Dukascopy has created a special real-time percentage indicator - use of leverage. The use of leverage has two objectives: 1) to show how much of Free Trading Line is used to run an exposure and 2) to run the margin call and margin cut procedure on the account. The equation for the use of leverage is as follows:

  Used Free Trading Line  
Use of leverage =                                 x 100
  Total Free Trading Line  

*Note that the total Free Trading Line equals to equity multiplied by leverage

Example:
Exposure on the account = USD 1,000,000
Profit and losses = 0
Leverage authorized for the account = 1:20
Equity = USD 100,000
Total Trading Line = Equity X Leverage = USD 100,000 X 20 = USD 2,000,000
Use of leverage = Used Trading Line / Total Trading Line = 1,000,000 / 2,000,000 = 50%

Margin call and margin cut policy

Margin call (use of leverage >100%) means a situation where the margin requirements do not allow the client to increase exposure on his account.The client may only close the existing unhedged positions or hedge current positions in order to reduce exposure. Despite the margin call level being reached, the positions will not be closed automatically. The automated system will cancel all placed bid/offer orders that can increase the exposure.

Margin cut or cut-off level (use of leverage ≥ 200%) - if the use of leverage reaches or exceeds 200%, Dukascopy has the right (but not the obligation) to fully or partially reduce the client's exposure by closing existing positions and/or by opening new positions in the opposite direction. Usually the system automatically reduces exposure so that the use of leverage is brought to approximately 100%.

 Use of leverage Description
0% No exposure
<100% Normal status
≥100% Margin call: trader is not able to increase exposure on the account if the use of leverage is more than 100%
≥200% Margin cut: typically system will open hedging positions in the opposite direction for all positions which contribute to exposure on the account. The use of leverage will be decreased to 100% or less.

Over-the-weekend leverage

Maximum available leverage for the weekends and other market closure days is typically set to 1:30. The purpose of this policy is to mitigate risks caused by potential price gaps during market closure, which may seriously threaten invested funds.

 

Standard algorithm: Over-the-weekend trading conditions are effective starting 5 hours before each market closure (weekend, holidays, etc) until re-opening of the market. For usual Friday night closure, over-the-weekend conditions would become effective at 18:00 [GMT]. As a result of leverage contraction, the use of leverage can increase if the account has exposure. Regardless of the over-the-weekend margin conditions, the general execution mechanisms of the margin call and margin cut remain the same. That is, if the amount of equity on the account is not sufficient to support existing positions with a leverage of 1:30, the margin cut procedure will be applied to the account (see paragraph Margin Call and Margin Cut).

Risk disclosure

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. It is highly recommended to maintain the use of leverage at normal levels. The client must always keep in mind that margin trading increases potential loss, as well as potential profit, and invested funds can quickly suffer losses in situations where the market prices exhibit strong volatility, potentially creating an adverse environment for the highly leveraged participant. The client shall be solely responsible for maintaining sufficient margin in relation to the existing positions.

To learn more about Dukascopy ECN Accounts, please write us: info@dukascopy.com, call us: +41 (0) 22 799 4888 or alternatively ask for a call-back.


19/02/2010Fxopen :: Pamm - Security For Money Managers And Investor

By popular demand, the performance of Money Managers utilising the FXOpen PAMM system can now be viewed in public via http://www.fxopen.com/Pamm/List.aspx

The FXOpen PAMM is the first Money Management system of it's kind for the Metatrader 4 platform that offers such an unprecedented level of transparency giving potential investors a near real time view of the true performance of any number of Money Managers. You can judge true profitability based on equity changes (profit/loss/drawdown) rather than just changes in account balance.

A high level of safety is provided for both Investor and Money Manager with a secure back end that automatically takes care of management fees, profit shares and ensures that all conditions agreed to in the Money Manager's offer are adhered to in full. What you see is what you get.

For information on how the FXOpen PAMM can help you, please visit http://www.fxopen.com/Pamm/List.aspx


16/02/2010Deltastock :: Lower Index Cfds Spreads

We are pleased to introduce to you our new lower spreads on Index CFDs. Our spreads have been decreased by up to 50% allowing you to trade at better conditions.

Starting from 17.02.2010 at 10:30 EET the spreads have been lowered to the following:

  • SPX500 from 1.00 USD to 0.60 USD
  • NDAQ100 from 4.00 USD to 2.00 USD
  • DAX from 4.00 EUR to 2.00 EUR
  • CAC from 4.00 EUR to 2.00 EUR
  • EUSTX50 from 4.00 EUR to 2.00 EUR
  • SMI from 8.00 CHF to 6.00 CHF
  • AEX from 0.50 EUR to 0.40 EUR

16/02/2010Dukascopy :: Sa Expands Its Currency Pairs List With Additional Financial Instruments

Dukascopy (Suisse) SA expands its Currency pairs list with additional financial instruments - AUD/CAD, AUD/CHF, CAD/CHF, EUR/NZD, GBP/AUD, GBP/CAD, GBP/NZD, NZD/CAD, NZD/CHF and NZD/JPY. Currently spot trading for these instruments is available on the Demo platform only.


11/02/2010Moneyrain :: Minimum Spreads Sizes For All Trade Volumes!

Due to our efforts to continuously improve our product offering, we will be making modifications
to the terms of trading in Forex instruments. Minimum spread sizes will now be available for
trades of any size!

You can open positions from 0.1 of a lot in the Standard group of the MRC-MetaTrader 4 terminal
starting from 15th February 2010. Transactions in the Standard group will be carried out with the
minimum spread sizes which were previously only available for professional trading of  0.5 of a lot
or greater.

In addition, spread sizes will decrease for the currency pairs EURUSD, USDJPY, GBPUSD,
USDCHF and will be as follows:

EURUSD – 0.00005
USDJPY  – 0.005
GBPUSD – 0.00010
USDCHF – 0.00010

Due to the nature of the change, an additional symbol will be introduced after the dot in the price of
a financial instrument in the Forex quote.

From 15th February 2010, trading in the Professional and Minimal groups will be available only for the
closing of orders. We request that clients with open positions in the groups above move to close the
positions in the period leading up to 22:00 GMT on the 19th February 2010
. Any positions
remaining open at the end of this period will be closed automatically.

The Professional and Minimal groups will not be available for trading on the 22nd February 2010.


06/02/2010Iamfx :: Changes Custodian And Continue Innovating Its Services

As part of our continued commitment to improve the resources available to our clients, IamFX is proud to announce a key update to our current offering. IamFX is in the process of transitioning from our current custodian Sunspot Capital, to a new custodian that is a New York State Registered Investment Advisor status pending. The company is called MorningView Group and can be found on the internet at www.morningviewgroup.com. No action is required for our customers prior to the transition and a notification with the transfer procedure details will be sent by Sunspot Capital to all of our customers.

IamFX is a unique Straight Through Processing (STP) firm based in the United States offering RAW spreads with up to 400:1 leverage. We operate on a non-dealing desk model and offer full hedging capabilities as well as scalping.

We have recently updated our MT4 - Metatrader 4 platform which is now enhanced with latest updates, fixes and proprietary graphics.


05/02/2010Alpari :: Xauusd And Xagusd Trading Recess

On February 8, 2010, Alpari is introducing a daily recess from 22:00 to 23:00 GMT in the XAUUSD and XAGUSD spot metals trading session. This recess has become necessary due to the market dropping in liquidity and principal liquidity providers significantly widening spread in the given time period.


03/02/2010Betonmarkets :: New Payment Agent Transfer System!

Please note that effective from today we have replaced the Gift Certificate funding option with a simpler Payment Agent Transfer option.

When the Payment Agent Agent receives the funds from a Client, the Agent can transfer the funds directly into the Client's BetOnMarkets account. Subsequently, to withdraw, Clients can send the funds directly to the Payment Agent through the new 'Payment Agent Transfer' section in Cashier.

Due to this change, Gift Certificates have been discontinued. If you have an unclaimed Gift Certificate, please contact us and provide your Login ID and Gift Certificate code. Our Payments team will then credit it to your account within 24 hours.


31/01/2010Alpari :: No Commission In February!

From February 1st through 28th, we will take care of the payment system or bank commission f you deposit money to your trading account using any method mentioned on our website.

Deposit to your trading account commission-free for the whole month of February! We strive to always make your work easier and more convenient.

Notes:

  1. We will pay the commission by depositing the amount withheld when completing a money transfer to your trading account.
  2. If the deposit currency is different from the account currency, we will return the commission in the account currency (at the rate published in the Personal Area the day we deposit to your account).
  3. If you deposited to your account using a bank wire transfer, you need to send the Payments Department a SWIFT copy and a document confirming the size of the commission no later than 3 days after the transfer has been completed.
  4. This promotion applies to all money transfers made between February 1st and 28th, 2010.


18/01/2010Fibo :: From Now On You Can Work With Micro Lots

We are happy to inform you that from 19th of January our trading accounts enable you to perform trading transactions in FOREX instruments with 0,01 lots (1000 units of the base currency). Up until now the minimum lot you were able to work with was 0, 1 (10 000 units of the base currency). Now you can carry out smaller transactions on FOREX market. We have made this change so that our services could be more affordable and you could test as many new trading strategies as possible.


17/01/2010Forexhunt: Launch Of The Swap-free Service

ForexHunt offers possibility to make use of a new service – swap-free. The Swap-free account services are intended for traders who use trading systems that do not take into account the impact of swaps or those customers who can not use swaps owing to their religious beliefs. This determines the secondary name of this type of accounts: "Islamic accounts".


17/01/2010Company Fibo Group Invites You To Discover Pamm-account

Company FIBO Group invites you to discover PAMM-account within our company.

PAMM-account - our new service that allows traders to manage investment capital investors in one account. At the same time, investors have the opportunity to choose their own managers using the ranking managers.

More from this service, you can learn on our site


03/01/2010Ig Markets :: Launches New Multi-venue Technology

Our new multi-venue technology capitalises on the recent rapid expansion in Multilateral Trading Facilities (MTFs), which compare prices from multiple sources and find the best deal available, offering superior pricing and increased liquidity.

Tighter spreads, better value

Our new technology works behind the scenes, consolidating data from Europe's two leading MTFs, Chi-X and Turquoise, with that of traditional exchanges such as LSE and Euronext, allowing traders to benefit from even narrower spreads on shares and increased value for money.

Multi-venue technology also gives clients access to free live data on top UK and European shares, a significant advantage for those not wishing to pay for live data from the major exchanges. And our Price Improvement technology means that if a better price exists on a fee-liable venue, the better value will be reflected.

Those traders looking for direct market access can also trade directly into the order book of the world's equity exchanges. Our new Smart Order Router will automatically send your order to the venue providing the best price available at the time.

For further information on our innovative multi-venue technology, please see the Share CFDs section of our IG Markets website.

We have also introduced the technology for our spread betting site IG Index, leading to tighter spreads on up to 1450 UK and European shares.


30/12/2009Forexhunt: Cut Of Spread On Forex Instruments

We are going on to gladden you with New Year’s surprises and are glad to inform you, that cut of spread on Forex instruments is actual for the whole 2010 year. Spread is reduced at 1 point.


29/12/2009Changes To Gold Contract Sizes Moneyrain Corp.

Recognising and meeting your customer needs, MRC Markets will be introducing changes to the GOLD contracts making them more accessible.

From the 1st of January 2010, the size of a standard contract (1.0 lot) for GOLD will change from 1000 troy ounces to 100 troy ounces thus the collateral margin will decrease 10 times!

The current conditions will be in effect till the end of the trading session on 31st December, 2009 (till 19:00 GMT). We request that clients with open positions in GOLD, close the positions before 19:00 GMT on 31st January, 2009. Any positions remaining open at the end of this period will be closed automatically.

All changes can be tracked in the MRC-MetаTrader 4 terminal: right-click in the Market Watch window, choose Symbols in the context menu and check the properties of the instrument.