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Latest News
IG’s Trading Platforms Experience Major Outage
It seems that increased trader activity and market volatility may be having an impact on broker operations these days as the world continues to be challenged by Covid-19 disruptions. IG Group Holdings plc (LON:IGG) reported yesterday that it had experienced [...]
Oanda Japan Tightening Margins for Swiss Franc
The Canadian founded broker OANDA has informed its customers in Japan of upcoming margin changes affecting Swiss Franc currency pairs. In light of the increased market volatility in global markets the broker will make such changes after the market close [...]
FBS Expands CFD Offering with Pharma Stocks
Given the current Covid-19 pandemic and efforts to develop an effective vaccine, pharmaceutical and technology companies are getting a lot of attention from traditional and novice investors. To capitalize on this phenomenon some CFD brokers are expanding their product set [...]
Commission News
Scam ALERT: Mega Pro FX Trade, CoinExpert24, SoloFXB, and 24CryptoBoost Added to Warning List
The Financial Commission has been notified by concerned traders regarding the companies and associated websites of Mega Pro FX Trade, CoinExpert24, SoloFXB, and 24CryptoBoost. Upon reviewing the submitted information from potential customers of these brokers, the Financial Commission has determined [...]
Financial Commission Announces GANN Markets as Latest Approved Member
May 21, 2020, The Financial Commission, today announces GANN Markets as its newest approved Member. The company becomes the 46th broker to join the ranks of the self-regulatory organization, highlighting the increased interest and demand for independent external dispute resolution [...]
Financial Commission Certifies BigBrainBank as an Educational Provider
May 19th, 2020, the Financial Commission today announces BigBrainBank as a certified educational provider. The Financial Commission conducted a thorough review of the educational content BigBrainBank offers helping to ensure that users who receive such content have access to accurate [...]
Regulatory Actions
Italian CONSOB Website Blocking Spree Continues
Italy’s Companies and Exchange Commission (CONSOB) has announced a new order to block additional suspected fraudulent and suspicious scam websites from the Italian public. The regulator has now effectively blocked some 199 websites as a result of new powers granted [...]
Italy’s CONSOB Continues to Tackle Unauthorized Firms
Italy’s financial regulator continues its push to rid the country of unauthorized firms and possible scams who prey on Italian citizens. Today the regulator announced five more companies who have been the subject of questionable sales and solicitation practices in [...]
Hong Kong’s SFC Warns Of Unauthorized Firm Capital Markets
Hong Kong’s Securities and Futures Commission (SFC) continues to ramp up efforts to regulate Forex brokers under its jurisdictions and last week warned of a new unauthorized firm operating under the guise of a Hong Kong License. The company Capital [...]