Broker News

At long last, Americans go to the polls and decide who will be the Commander and Chief for the next four years. While there are other names listed on the ballot the two key contenders for President of the United States are the incumbent, Democratic Barack Obama, and the Republican challenger, Mitt Romney. Polls are calling it a very, very tight race and financial market participants are as eager as any for the election to be over as the uncertainty has cast a decided pall over the globe's economic outlook. What the future may hold for the various financial markets naturally depends on the election outcome.

Forex.com, the retail trading division of GAIN Capital, has announced recently the launch of a new platform for CFD trading, appropriately named TRADE. The platform was designed to provide instant execution with low fixed spreads for hundreds of tradable assets, including Forex pairs, commodities and indices. With this platform, traders should have a familiar certainty about the price before executing every trade.

USD and the currency markets in general? How will it continue to affect them?

When it comes to Forex broker regulations, there are two polar extremes. On one end is the NFA and CFTC that make it nearly impossible for US Forex brokers to become regulated without paying through the nose for regulatory fees and restricting their Forex trading conditions to protect traders from devastating losses (though some would argue that it also prevents US retail Forex traders from earning substantial profits). On the other end of the spectrum are brokers such as SunbirdFX that accept traders without any regulation at all.

Thomson Reuters, a leading news portal that recently purchased the Forex broker FX Alliance Inc (aka FXall) announced recently the launch of its new data portal called Thomson Reuters Eikon for Retail Traders. The news platform will provide traders with a thorough view on news, technical analysis and fundamental perspectives so that they can find their strongest positions in the currency markets.

The United States of America has long been known as the ‘land of the free and the home of the brave', but when it comes to the US Forex market, that term takes on an entirely unique meaning. The NFA's increasingly stringent policies, aimed at protecting American investors, have continued to plague, and in some cases, to punish, US Forex brokers. The fees required to maintain a brokerage are prohibitive for most, and the trading conditions are limited as compared with those in other regions of the world where regulation is notably less stringent.

Kathy Lien, one of the biggest Forex traders out there will be appearing at the MoneyShow Las Vegas November 14-17, 2012. See our interview with her below and learn about the interesting life of a Forex trader.

It seems like only yesterday that Saxo Bank was expanding its operations by acquiring the Deger Menkul Degerler brokerage in Turkey and adding their name to the brand. But this acquisition, which took place in May 2012, is no longer the latest feather in Saxo's hat: the brand has just announced its acquisition of NVN Securities, Agente de Valores, a fully-licensed Uruguayan broker that will now be named Saxo Capital Markets, Agente de Valores.