Broker News

FXCM announced that it would be taking over all of FXDD's American client accounts.

Tax levies on income from Forex trading differs from country to country, but with ‘Tax Day' a recent memory in the United States, it's important to address tax-related issues that may arise for Forex traders. Though this article attempts to address the multitude of issues that should be considered, I strongly advise anyone reading this article to consult with a tax advisor in order to ensure that their U.S. taxes are filed appropriately.

For a long time, universities resisted offering online courses and when they did, they refused to give credit for them. Time does not stand still, however. When MIT introduced its pioneering OpenCourseWare project back in 2001, it offered only 50 free online courses. Within three years, it had expanded to 1,700 courses through a worldwide consortium of universities and over the years, has had over 125 million lifetime visitors.

When reading through the list of Israeli millionaires, don't be surprised to find that the names of the five founders of Plus500 appear along with the others.

June may be months away, but the binary options industry is already busting out all over. In an increasingly competitive market, online Forex brokers worldwide are stretching their boundaries in search of ways of adding binary options to their rosters to expand their offerings and to attract a new trader base. Gaming websites are also expanding in the binary arena, branching away from traditional gambling enterprises towards options with a stronger financial slant, while binary options brokers that have been in business for years are expanding their enterprises into manifold different brands without publicly addressing these relationships.

FXCM has been expanding its business lately, in a way that is attracting attention on a global scale. In September, 2013, it assumed the accounts of Alpari USA and several weeks later it purchased the majority of the foreign exchange intelligence company, Faros Trading LLC.

OANDA, a global provider of innovative foreign exchange trading services and one of Canada's largest Forex brokers, announced today that it is enhancing its presence in the UK. OANDA set up its European headquarters in June 2011 and its UK office today comprises 30% of the company's total volume. OANDA has plans to expand even further into Europe and the Middle East in the near future.

Al Brooks is a qualified ophthalmologist and professional trader. He is the author of many financial books including the Brooks Trading Course, several books on trading activity and his new three-book series, Trading Price Action. He also provides live intraday E-mini price action analysis and free end-of-day analysis and has had numerous articles published in Futures Magazine.