Check out the latest breaking news from the dynamic world of forex trading. Maintain your edge with up-to-the-minute coverage of the latest regulatory changes, industry conferences, broker developments and more.
Early this morning, the U.S. National Futures Association announced new limits upon the maximum leverage that U.S. Forex brokerages may offer clients in trading certain currencies. The new limits will apply from 5pm CST today, Thursday 22ns January. Concurrently, the troubled FXCM which dominates the U.S. Retail Forex market announced even heavier limitations.
OctaFX, a Forex broker out of Saint Vincent and the Grenadines, has always been the top of the line when it came to bonuses and promotions. Their latest promo does not disappoint. The OctaFX Supercharged contest was developed by the same team that brought you the celebrated King of the Road contest and is as electrifying as all their past promotions. Like the others, the current contest is not just a way to make money but is a test of your skills at Forex trading.
Squeaking in right under the wire, OptionsXO.
FX Retail Forex broker time (FXTM) has launched the FXTM Web Trader, a new browser-based trading platform that is suitable for traders of all levels.
The crisis revolving around the Russian ruble and the rout in oil prices is sending shockwaves throughout the financial marketplace. Investors are looking for a way to cover their bonds as yields on British, German and Japan sovereign debt hit record lows and long-dated U.S. and Australian yields reached their lowest since 2012.
Currency trading is no longer something done at the bank. The advance of modern technology has made it possible (and profitable) to trade from your desktop, from the web, and even from mobile devices. But with these opportunities comes the need to stay on top of the markets, even when you're away from your desk. The DailyForex Android app has been helping traders do just that.0
The Chinese yuan has not caught on very strongly in currency markets until now and the People's Bank of China (PBoC) has been looking into ways to attract Forex traders to these markets. Lowering the current high margin requirements is one incentive that could bring in more clients to Forex companies and FXPro is one of the first Forex brokers to take this initiative.
