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Brokers Minutes

This is a discussion on Brokers Minutes within the Forex Brokers forums, part of the Trading Forum category; LXDX, a cryptocurrency derivatives exchange, announced that it has begun a unique referral contest. For a limited time, any participant ...

      
   
  1. #431
    member BrokersMinutes's Avatar
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    Crypto Derivatives Exchange Launches Referral Contest



    LXDX, a cryptocurrency derivatives exchange, announced that it has begun a unique referral contest. For a limited time, any participant will be able to win up to 100,000 shares in LXDX stock, with a total of 150,000 shares being allocated to the contest.

    The exchange is set to launch live trading next month, but has recently opened early access to the platform for users to register trading accounts. All registrants are given a referral code that they can share with their network to participate in the contest. When new users use that unique code to sign up the referring user will receive the credit for that account.

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  2. #432
    Member Ianvel's Avatar
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    Its always nice to read broker reviews and all that, as it helps us with making good decision as per which company to work with. A wrong decision here can really make things go really bad, so that’s something we MUST avoid at any cost.

  3. #433
    Senior Member mlawson71's Avatar
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    The Central Bank of Russia (CRB) announced it suspends the forex dealer licenses of Alpari, TeleTrade, TrustForex, and Forex Club due to violations of the Russian law.
    The Russian financial mega-regulator has backed its decision with detailed information on each company’s incompliances. The most common among them are failure to comply with CRB’s instructions, providing false accounting data or false information on its website, detected flaws in the risk management system and other violations of the Forex dealer license requirements.

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  4. #434
    Senior Member mlawson71's Avatar
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    The British financial regulator FCA issued a warning that the company London e-Management is a clone of the legitimate brokerage London and Capital Asset Management Limited that is regulated by the FCA. The clone appears to be based in France, however, it does give a UK address as well as attempts to mislead traders through its trading name that it is operating in London.

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  5. #435
    Senior Member Taylor Woods's Avatar
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    I have chosen a regulated and credible forex broker ForexChief as forex market is full of many fraud brokerage houses today. My broker is ensuring me easier transaction services through modern trading platform along with full time customized trading services. I am also enjoying narrowest spread, moderate leverage of 1:400 and yes, full time expert assistance. However, my broker is also providing me timely trade executions to enjoy profitable trade execution services.

  6. #436
    Junior Member beaconfin66's Avatar
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    Financial Education

    We provide many forms of ongoing financial education including seminars, webinars, monthly newsletters and self-help guides – all with the aim of helping you make the well informed financial decisions you deserve. Interested in attending one of our scheduled events please click here. We also provide access to a global network of independent financial advisers around the world.
    Beacon Financial Education was created with the purpose of providing individuals with the information they need for financial control, stability and simplicity.

  7. #437
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    Lightbulb I am looking for a partner to set up a broker.

    We have set up a stockbroker, and currently we are looking for partners to start the project and start working.
    Interested contact: leyretoledon4[at]gmail.com

    All information will be given through the mail, all questions you have will be answered through this medium. Thank you!

  8. #438
    Administrator newdigital's Avatar
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    Website to monitor the spread for amny brokers, many pairs, live monitoring and the history -
    https://www.myfxbook.com/forex-broker-spreads

    Brokers Minutes-spread1.png


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  9. #439
    Senior Member mlawson71's Avatar
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    First BTC FX is yet another clone firm that has been added to the long warning list of the Financial Conduct Authority in the UK. The firm has been recognized as an unauthorized financial services provider.

    According to the official warning the firm does not hold the proper license by the FCA for providing financial services to British traders and is operating outside the law.

    The firm is apparently a clone of FCA-registered First Global (UK) Limited.

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  10. #440
    member BrokersMinutes's Avatar
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    Difference between ECN, market makers and STP brokers

    In a perfect world the cost of buying and selling currencies would be the same, no matter which Forex broker you use. Unlike the stock market where we get heavy regulation and where stock prices are derived from a single exchange, prices vary from different Forex broker platforms.

    The reason why is because currency prices are derived from the Interbank market which is a conglomerate of banks and hedge funds that provide prices to various Forex brokers around the world. The better the relationship between the Interbank market participants and the broker means that the prices are cheaper.

    We expand on this in the video tutorial whilst also describing the main difference between ECN, market makers and STP Forex brokers. You may be surprised how some brokers take you for a ride and it is this lack of knowledge that they thrive on when trying to get you to sign-up as a customer.

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