Broker Profile: AvaTrade

A Brief History AvaTrade was founded way back in 2006 and originally traded under the AvaFX name. The brokerage however re-branded itself in 2013, as AvaTrade in part to reflect the wide range of instruments available to trade with the brokerage. The brokerage is regulated in a number of different jurisdictions with the firm having imprints based in Ireland, Australia and an offshore arm of the company based in the British Virgin Islands (Source). The brokerage is well known among traders and has one of the larger Forex affiliate programs...

Broker Profile: InstaForex

Company History InstaForex was initially launched all the way back in 2007 and has been online since 2008. The brokerages main offices are based in the Russian Federation, but the brokerage is incorporated offshore in the Seychelles. The brokerage has a relatively limited profile in Europe, with the company paying particular attention to attracting business from Russia and South East Asia. The firm operates unregulated and has been in a number of scrapes with global regulators. Despite a number of issues the brokerage continues to operate...

Saxo Bank improves its FX offering

Danish broker and investment specialist Saxo Bank has announced that it has made a number of improvements to Forex offering. These improvements are meant ‘to better accommodate the needs of its global client base’ and as you would expect these improvements are focused at those in emerging markets or regions where there is plenty of growth for the FX industry.  The major addition to Saxo’s FX offering is the introduction of two new currency...

Broker Profile: ForexTime (FXTM)

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Broker Profile: UFXMarkets

UFXMarkets was launched back in 2009, but was at this time unregulated and traded as UFXBank. The firm soon wound up on a number of financial regulators warning lists due to soliciting business in countries where they weren’t regulated. In 2011, this all changed when UFX gained CySEC regulation and changed its operating name to UFXMarkets. The firm has continued to operate today under this name and due to its status as a regulated CySEC firm has not appeared on any European regulators warning lists. Services   UFXMarkets primary offering...

FBS joins Russian CRFIN

Russian Forex broker FBS has recently announced that it has been granted membership of Russia’s most prestigious self-regulating organization (SRO) CRFIN. The organisation aims to bring the provision of FX services into the Russian regulatory framework, which means CRFIN acts as a industry lobby in addition to its role outlining rules to its member brokers. Membership in the CRFIN self-regulating organisation is held by the vast majority of the country’s leading FX brokerages, who have been pushing for more regulatory recognition. FBS has...

Investment Trends Report on the state of the UK derivatives market

Investment Trends, an Australian wealth management and research organisation has recently released a report about the current state of the UK derivatives market looking at CFD, Spread Betting and Forex trading. The study was based on a sample of over 13,000 British investors with data being collected during the months of August and September.  Low Volatility During 2013 Suppressed Trading Volume The study estimated that around 82,000 Brits had used financial Spread betting during the past year before September 2013. These figures show...