Saturday, December 28, 2013

Unregulated Forex Brokerages

You may have noticed that there are literally hundreds of Forex brokerages out there, all of them vying for your attention. Some of these brokerages are regulated in well known regulatory jurisdictions while other brokerages operate without any regulatory oversight often from offshore territories. So what exactly is the deal with these brokerages which choose to operate from unregulated jurisdictions? Why do brokerages choose to operate without regulation? 1) Regulatory Costs Many of you will know that obtaining authorisation...

What is an STP Brokerage?

Many of you who are new to Forex may have heard that trading with a STP brokerage is often better than trading with brokerages which operate using the Dealing Desk model. But what exactly does it mean to be an STP broker and why are STP brokers considered superior than brokerages that operate a Dealing Desk? Today we are going to provide an explanation of what an STP broker is and how they differ from brokerages which operate a Dealing Desk. We will also explain some of the benefits of opting for a STP brokerage. What is an STP Brokerage?...

Tuesday, December 10, 2013

Plus500 launches Litecoin

In recent weeks, many people have been talking about virtual currencies with Bitcoin recently reaching the heady heights of $1,000 per coin. The recent strong performance of Bitcoin has also got many in the FX industry interested in offering virtual currency products. Plus500 have been a pioneer when it comes to offering their customers virtual currency products, having launched a Bitcoin CFD product early this year. This made them the first brokerage to offer a Bitcoin product (Plus500 is a CFD service), and it wasn't long until other brokerages...