Revolut Expanding Into Australia With FX Services

The UK based fintech firm Revolut has a solid reputation in the European market, providing forex services to over five million European customers. Now, the company is planning to take its first steps outside of Europe with an expansion set

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Denmark Follows UK To Ban Binary Options From July 2019

The binary options market got smaller recently when UK regulators decided that it was time to crack down on what they deemed as risky investments. The global binary options market reduced in size after the UK permanently banned the sale

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African FX Market Booming Due To ESMA Regulations

Africa is a big market for forex traders. The continent has 54 countries and more than 40 different currencies which gives traders lots of options to work with. Add to this the fact that traders also get to work with

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ASIC To Roll Out New Forex & CFD Reporting Rules in July

Forex and contracts for difference (CFDs) trading can be profitable but they can also be a risky proposition for many. This is why regulators like the Australian Securities and Investments Commission (ASIC) are wary about these financial instruments. As a

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‘TrueFX’ – New Data Streaming Portal Launched By Integral

Foreign exchange traders across the world have faced a lot of setbacks lately. Regulatory bodies are cracking down on the FX industry by imposing stringent regulations and a number of investors are walking away because it isn’t easy being a

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German FX Industry Goes Through Massive Change Due To ESMA

Germany is an economic powerhouse in the European Union and one of the largest foreign exchange (forex) markets in Europe. Brokers and traders do brisk business in Germany and retail and institutional investors have had a lot of liberty with

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Bithumb Expands Trading Globally With Multiple Fiat Currencies

Bithumb is one of South Korea’s biggest crypto exchanges. It has captured a large part of the local market but it Bithumb’s ambitions are not just aimed at the Korean market. The exchange has revealed that it is ready to

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Forex Operators Show Interest In Lucrative MENA Region

The Middle East and North Africa (MENA) region is quickly becoming a hot spot for the forex market. In the past, local instability and the low oil prices have slowed down their development. However, the market is showing steady growth

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Australian Brokers Fighting Back Against ASIC Demands

The Australian Securities and Investments Commission (ASIC) recently received increased product intervention powers. The financial watchdog wasted no time in putting out a request for detailed information that current brokers in the Australian marketplace had to supply. However, this request

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IMF Slashes Global Growth Outlook On Policy Uncertainty, Trade Tensions

On Tuesday, the International Monetary Fund trimmed this year’s global economic growth prediction by mentioning commercial conflicts, weaker business confidence, stricter financial situation and greater policy unpredictability. The Washington based institution slashed this year’s growth estimate to 3.3% in its

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