Cyprus Minister of Finance hands over CIBA’s Business Excellence Award to Windsor Brokers Ltd.

The Cyprus Minister of Finance Harris Georgiades handed over the award to Windsor Brokers Ltd on behalf of the President of the Republic of Cyprus Nicos Anastasiades.Windsor Brokers logo

Limassol, Cyprus, November 18th, 2014:  With over 130 members mainly from the banking, financial, investment, legal and shipping sectors in Cyprus, Windsor Brokers Ltd. was voted by the Cyprus International Businesses Association (CIBA) as the winner of this year’s Business Excellence Award.

Windsor Brokers Ltd. was selected as this year’s winner thanks to its noteworthy presence in the financial industry, its substantial contribution to the local economy, continuous development and professional human capital.  In addition, the company’s 25 years of experience and latest innovations – GWAZY in particular, made Windsor Brokers stand out considerably in 2014.

The Business Excellence Award was handed over to CEO of Windsor Brokers, Johny Abuaitah, by the Cyprus Minister of Finance, Harris Georgiades on behalf of the President of the Republic of Cyprus, Nicos Anastasiades and the President of CIBA, Frixos Savvides during CIBA’s Annual General Meeting and award ceremony.  The event took place on Friday the 14th of November 2014 at the prestigious Four Seasons Hotel in Limassol.

Attendees of the CIBA event included the Governor of the Central Bank of Cyprus, Chrystalla Georghadji, diplomats, politicians, people from various business sectors, members of CIBA and VIP guests.

This was the third time this year that Windsor Brokers Ltd was honoured by local authorities; the first time was at the company’s 25th Year Anniversary which was celebrated beginning of 2014.  The second was in September when it received a CIPA International Investment Award at the Cyprus Presidential Palace.

About Windsor Brokers Ltd.

Windsor Brokers Ltd. is licensed and regulated by CySec (Cyprus), EEA authorized by the FCA (UK), registered with the AMF (France) and BaFin (Germany) and complies with EU regulations.

Over the years, the company has been nominated and has received several awards in Cyprus and internationally for its innovative products, services, partnership programs and customer support and was ranked one of the top ten investment firms on the island based on capital reserves in 2013.

About CIBA.

CIBA represents the interests of International Businesses with a physical presence and substance in Cyprus and provides an effective lobbying platform.

Now in its 21st year, CIBA continues to be the only professional association that represents the whole of the international business sector in Cyprus. It currently has over 130 members and the number looks set to grow, as new sectors of economic activity develop and attract international companies to the island.

Swissquote launches revolutionary free portal Swissquote SQORE

October 17, 2014 – Swissquote Bank SA (“Swissquote”), the Swiss Forex broker and public bank regulated by the Swiss Financial Market Supervisory Authority (FINMA), has announce the release of Swissquote SQORE. SQore is a trade ideas generation service for both FX and commodities to retail traders.

Sample of quantitative methodologies available:

  • Pairs Trading (G10 & EM currencies)
  • Advanced Interest rate differential
  • Technical Analysis w/ AI overlay
  • Commodities & Index breakout

Swissquote SQORE inside

Swissquote SQORE Key Features:

  • Institutional-quality trade ideas generated from sophisticated quantitative models
  • Trade ideas cover G10 & EM currencies, commodities and equity indices
  • Innovative and user-friendly visualization tools that make tracking easy
  • Customize your portfolio to monitor potential returns and key statistics
  • High level of transparency allows you to make educated decisions on trade recommendations

The service is provided by Swissquote for free of charge, so subscribe now and be among the first to explore its exciting possibilities.

Trading Forex Signals directly on your MT4 with Orbex

We know that keeping an eye on the market while trading is not an easy task. Especially for those whose aim is to scan the market and detect technical patterns as they form to seize trading opportunities. That’s why Orbex and Trading Central have joined forces to deliver award winning real time technical analysis and pattern detection portal to forex traders available globally.
[Read more]

CFTC Fines and Three-Year Bans FXDirectDealer, LLC

currency-US-international-bank-notes (HomeSubFeature)On September 24, 2014, The mission of the Commodity Futures Trading Commission (CFTC), an independent agency of the United States
government that regulates futures and option markets, has published a Press orders FXDirectDealer, LLC (FXDD) to pay $600,000 and three-year registration ban as an FCM or RFED for Violating Minimum Financial Requirements and a Prior CFTC Order. Detailed as follow:

FXDirectDealer, LLC Ordered to Pay $600,000 Civil Monetary Penalty and to Comply with Three-Year Registration Ban as FCM or RFED for Violating Minimum Financial Requirements and a Prior CFTC Order

Firm’s Supervisory Failures Led to Repeated and Extended Periods of Undercapitalization

Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against FXDirectDealer, LLC (FXDD), a CFTC-registered Retail Foreign Exchange Dealer (RFED) and Futures Commission Merchant (FCM) headquartered in New York, New York, for failing to meet the minimum financial requirements for RFEDs and FCMs, failing to supervise its employees, and failing to comply with a prior CFTC administrative order dated September 30, 2013 (Prior Order) (see CFTC Press Release 6725-13). FXDD has been registered with the CFTC as an FCM since December 10, 2009 and as an RFED since September 2, 2010.

Under CFTC Regulations, RFEDs and FCMs that offer or engage in retail foreign exchange (forex) transactions must at all times maintain adjusted net capital (ANC) of $20 million, or more in certain circumstances. In the Prior Order, the CFTC found that FXDD failed to maintain its required ANC during at least 18 separate months between November 2010 and December 2012 and ordered FXDD to, among other things, cease and desist from further violations of its ANC requirements.

According to the Order, during the period March 20, 2013 to December 11, 2013, FXDD improperly included certain funds held in an account at an unregulated entity in its ANC computations. After excluding those funds as required, the Order finds that FXDD was undercapitalized for 96 days between April 24, 2013 and December 13, 2013. Additionally, the Order finds that FXDD was undercapitalized for 41 days between September 30, 2013 and December 13, 2013 in violation of the Prior Order. The Order also finds that FXDD violated CFTC minimum financial requirements by making three prohibited equity withdrawals between January 13, 2014 and February 14, 2014.

Each of these violations, the Order finds, was a result of FXDD’s inadequate supervisory system and its failure to diligently supervise employees, officers, and agents with respect to the handling and monitoring of FXDD’s compliance with its minimum financial requirements.

The Order imposes a $600,000 civil monetary penalty against FXDD for its violations, as well as a cease and desist order and a three-year registration ban as an FCM or RFED. The Order notes that in settling this matter, the CFTC took into account the corrective action that FXDD undertook after its deficiencies were discovered and FXDD’s pending request to withdraw its registrations as an FCM and RFED.

The CFTC thanks the National Futures Association for its assistance.

CFTC Division of Enforcement staff members responsible for this case are Rachel Hayes, Charles Marvine, and Richard Wagner. Kevin Piccoli, Gerald Nudge, Robert Loeber, and Nicholas Chiacchere of the CFTC’s Division of Swap Dealer and Intermediary Oversight also assisted in this matter.

Media Contact
Dennis Holden
202-418-5088

Source: http://www.cftc.gov/PressRoom/PressReleases/pr7009-14

Unparalleled Trading Conditions Launched for FXTM Cent Accounts

International forex broker Forex Time has continued to deliver on their promise to provide outstanding products and services FXTM-logoto traders by improving the trading conditions on their Cent Accounts. Under the changes introduced this week, investors can now trade with fixed leverage of up to 1:1000 for currencies and 1:500 for metals. These conditions are unrivalled by most other reputable brokers in the forex industry.

The improved leverage conditions make trading forex and metals even easier to understand and offer more flexibility when planning trades. The leverage can even be changed manually by traders, without having to request assistance, simply by logging into their MyFXTM account.

Charis Mountis, Head of Dealing at Forex Time, said: “The change to our Cent accounts is a direct response to feedback we received from our traders who asked for better flexibility with leverage. The changes empower individual traders to set their own leverage, safe in the knowledge that the leverage is fixed and won’t change based on other conditions like the size of their positions. We also believe that our new limit of up to 1:1000 fixed leverage for currencies is unmatched by most other reputable forex brokers worldwide.”

FXTM’s Cent accounts have been particularly popular because they offer clients the opportunity to trade currencies and precious metals with under a dollar, whilst still enjoying great leverage, low spreads and instant execution. Cent accounts are as simple as they sound because individual accounts, which can be in EUR or USD, are always shown in cents.[Read more]

Windsor Brokers Ltd. launches the brand new GWAZY IB Portal

The new GWAZY IB Portal is unique and offers Business Introducers a complete solution.windsor logo

For Immediate Release
Limassol, Cyprus, April 15th, 2014: Windsor Brokers Ltd. recently announced the launch of the brand new, all-in-one GWAZY IB Portal for the exceptional GWAZY Business Introducer partnership program.

The new GWAZY IB Portal is a web-based portal that presents GWAZY Business Introducers with several interesting features that include a professional administration panel, a user-friendly dashboard, a complete client management and reporting system, up-to-date performance reports and exclusive technical support.

To mark the launch of the new IB Portal, Windsor Brokers has also introduced a new rewarding incentive scheme that will be offered to GWAZY Business Introducers and present all Business Introducers with new opportunities as they will be able to expand their product range by offering the one-of-a-kind GWAZY platform.[Read more]

iTraderExpo, the first online financial exhibition

Dear Clients and Partners!

On March 26th, RoboForex will take part in the first ever online exhibition in the history of www community, iTraderExpo. The event will take place only in the Internet and host brokers and traders from all over the world on a single interactive platform.

The exhibition will last for 12 hours sharp. The organizers of the exhibition are planning many traditional presentations from financial companies and communication of their representatives with visitors via web chats or webcams with microphones. In addition, there will be a lot of lectures and master classes held by experts of financial markets.

The exhibition is expected to be attended by more than 2,000 brokers, IBs, and financial managers. All visitors will be surprised by many exclusive bonuses from brokerage companies, as well as special offers and prizes for total amount of 1,000,000 USD![Read more]

FBS has been granted “The best trading platform 2013” award

Dear clients!

We are happy to announce, that FBS has again been acknowledged as a provider of the best trading platform, once again confirming its leadership in this category. The new award, given to FBS is “The best trading platform 2013” according to China Finance Online.

China Finance online is a major Chinese Financial company, a recognized authority not only in China, but also throughout the world. The company owns several financial portals. China Finance Online has been providing its services in the market for more than 10 years already.

We would like to remind that FBS has already got an award for the best trading platform: we have acquired the “Best trading MT4 platform 2012” title according to the China International Investment & Finance Expo.[Read more]

OctaFX announces partnership with PERSIB, Indonesia

composite_logo_octafx_englishWe have breaking news for our traders community – today, February 24, 2014, OctaFX held a press conference in Bandung, Indonesia, to announce the beginning of sponsorship for PERSIB – one of the most prominent football clubs in Indonesian League.

With more than 40 reporters from the local media and PERSIB higher management present, OctaFX representative and Persib Bandung officials signed a sponsorship agreement, as to confirm OctaFX is now a proud sponsor of PERSIB in the season 2014.

PERSIB’s way to success started in 1933, March 14, when the club was founded by merging several entities into one. After performing three times as runner-up in State Competition 1933 in Surabaya, 1934 in Bandung, and 1936 in Solo, PERSIB became champion for the first time in 1939 in Solo.[Read more]

Rights of RoboForex’s clients are under reliable protection

Dear Clients and Partners!

RoboForex has joined many of the other leading Russian and international brokerage companies and become a member of the independent Financial Commission. This organization was founded as an alternative resolution committee, which provides dispute resolution services to participating retail traders and the companies-members of the Financial Commission.financial-commission

Dispute Resolution Committee, which handles all filed complaints, consists of independent experts of brokerage services market from all over the world. Each of them is known to be a professional authority and judicially qualified to find mutually acceptable solution for any dispute.

All specialists, who are on the committee, are distanced from brokerage companies, that’s why they can always express an objective opinion. It makes the Financial Commission one of the key elements in self-regulation process of brokerage services market and allows the organization to develop well-balanced and effective working environment for traders and companies, thus trying to enhance confidence of retail investors in the Forex industry.[Read more]

NordFX offers Trading Signals for MT4 and MT5 Platforms

NordFX is pleased to offer you an automated trading service “Signals” from the developer of MT4 and MT5 platforms – NordFX logoMetaQuotes Software Corp.

The service is integrated into MT4 and MT5 trading terminals provided by NordFX and allows traders to connect to trading signals providers all over the world and copy their signals automatically. A trader can also become a signals provider and have an additional income.

Among “Signals” advantages are selection of signals providers and subscription to their signals just in a few clicks, right in your trading platform; special protection of subscribers from wrong calculations of trading lot sizes and excessive deposit burden; complete transparency of trading history and a high level of security for traders and providers; no third-party access to accounts and balances held by traders and providers.[Read more]

Evgeniy Kogan became the managing partner of MFX Broker

Evgeniy KoganThe new investment route forward of the international company MFX Broker was headed by recognized expert in bond market, member of board of directors of National Association of the Participants of Stock Markets (NAPSM), prize winner of the “Person of the year 200″ in the nomination “Financier of the year” – Evgeniy Kogan.

In the international company MFX Broker Evgeniy Kogan will be responsible for investment projects; he will also supervise the process of company’s IPO.

“I’m engaged in serious projects, and I see really good prospects in MFX Broker”. – Evgeniy Kogan comments. – “Managers of the company are highly proficient, and they succeeded in propelling the company to the international level. According to my estimations, MFX Broker has a big future. That’s why I’m ready to invest my knowledge and experience into its development”.[Read more]

The Launching of the RoboForex website in Italian

Dear Clients and Partners!italy-130x130

We are pleased to inform you that we have recently launched Italian version of the RoboForex website. Our Clients and Partners from Italy are now able to receive complete and up-to-date information on services and promotions in their native language.

The Italian version is available at the following address:

it.roboforex.com

Over the short period of its existence, RoboForex has become one of the leading providers of financial services on Forex Market. The engine of our successful development has always been and will always be our flawless reputation, introduction of new innovative technologies, and the aspiration to make our clients’ trading process more comfortable. Nowadays, the Company’s operating in many countries all over the world and is trying to do its best to expand the area of its presence for the convenience of [Read more]

Autochartist: new service for LiteForex’s clients

Dear clients,

The LiteForex Company is happy to introduce you to our innovation. It will completely change the process of analyzing currency charts and make it as easy as a mouse click.

If you are not sure of your calculations or just tired, or you don’t have any time, it’s not a problem anymore. Thanks to Autochartist the direction of trend, the figures of technical analysis and the key levels are calculated automatically.

This plug-in can be found in your personal profile. You just need to log in and download it on to your device in order to activate it. The program thereafter will become available as the indicator in your MT4 or MT5. You just need to drag it onto the chart and then you can watch the program doing a boring job instead of you.

And what is the main thing, LiteForex provides this service at no cost to its clients.[Read more]

Windsor Brokers Ltd. meets the first EMIR reporting deadline

Limassol, Cyprus, February 14th, 2014:  Windsor Brokers Ltd. announced that it has met its first reporting obligations under the European Market Infrastructure Regulation (EMIR) which entered into effect on the 12th of February 2014.windsor_logo_en

The new regulation requires all counterparties to report previous day transactions with regards to financial derivatives including but not limited to Spot FX, CFDs, Futures, Equities, Indices and Binary Options.

All counterparties must therefore report all derivative transactions that fall under the EU jurisdiction.   Reporting is made to Trade Repositories (TR), which are entities that are licensed and regulated by ESMA – the European Securities and Markets Authority.  The main objectives of ESMA are to protect investors and to supervise the practices of financial services firms with pan-European reach.

Transactions can be reported directly to the TR or via a third party (partial or full delegation), depending on the internal processes incorporated by each entity and whether they have the necessary reporting expertise and procedures.[Read more]