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Latest News

Don’t Forget About Account Inactivity Fees

July 7th, 2020|

Let this serve as a reminder to traders to check their brokerage accounts if they haven’t traded for a while - most online brokerages charge inactivity fees for periods when no traders or orders are placed in the account. If [...]

CMC Markets Reports Revenue Boost Above Consensus

July 3rd, 2020|

In its latest trading update, UK registered broker CMC markets has indicated that their revenue performance has significantly improved for the first quarter of FY 2021. The broker indicated that client trading activity remained elevated at a level roughly twice [...]

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Commission News

Scam ALERT: PROFXEXCHANGE, Bitfxtrades, Stock Trading Capital LTD, MottoFX, Royal Funds (White Rock Partners LTD), Digitalprofit247, and FXTRADES ONLINE Added to Warning List

June 26th, 2020|

The Financial Commission has been notified by concerned traders regarding the companies and associated websites of PROFXEXCHANGE, Bitfxtrades, Stock Trading Capital LTD, Royal Funds (White Rock Partners LTD), Digitalprofit247, MottoFX, and FXTRADES ONLINE. Upon reviewing the submitted information from potential [...]

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Regulatory Actions

CySEC Withdraws PriorFX License and Announces Compensation

July 6th, 2020|

The Cyprus Securities and Exchange Commission (CySEC) last week announced the withdrawal of the Cyprus Investment Firm authorization of Prior Capital Cy Ltd, formerly known as PriorFX. The regulator indicated that they were “not satisfied with the company’s compliance with [...]

Italy’s CONSOB Blacklists More Firms

June 17th, 2020|

The Italian financial regulator, CONSOB continues to pursue firms that solicit Italian residents without proper authorization, including blocking the website of such firms on the territory of the country using Internet Service Providers (ISPs). The regular announced on Monday that [...]

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