Home » Oct-2015

Introducing Broker (IB) vs White Label

27 Oct,2015

What is an IB? An Introducing broker (IB) is a simplest form of partnership between an individual (or a business company) and a Primary broker. The role of the Introducing broker is to solicit clients for the Primary Broker. By doing so an IB earns commission. – NFA Glossary: “Introducing Broker (IB) A firm or […]

NFA Compliance rule 2-43

19 Oct,2015

Notice I-09-10 April 13, 2009 Effective Date of NFA Requirements Regarding Forex Orders NFA has received notice that the Commodity Futures Trading Commission has approved new NFA Compliance Rule 2-43 regarding forex orders. The prohibition on carrying offsetting transactions will be effective for any positions established after May 15, 2009. The requirements regarding price adjustments […]

Hedging under new NFA rule: FIFO

19 Oct,2015

NFA Rule 2-43(b) The NFA recently enacted Rule 2-43(b) which effectively eliminates hedging by forcing brokers to close trades on a First In First Out (FIFO) basis. The NFA has added clarification to the rule, stating that customers can instruct their broker to off-set like sized positions. Some traders have expressed concern that the rule […]

What’s new in MetaTrader 5?

19 Oct,2015

Starting from October 12th, 2009 the testing of MT5 platform has begun. It is expected to last for 5-6 month before the final product is released. Check out participating MT5 brokers. MT5 improvements – High performance and outstanding working speed; – 3 chart-types, 21 timeframes and over 70 analytical tools; – 5 order types and […]

Why forex brokers still hesitate to use bitcoins

17 Oct,2015

Regulation concerns Forex brokers looking to work with Bitcoins face a few challenges, most of them are regulatory. In mid-2015 Bitcoin still remains unregulated and unsupervised. There is no central bank to regulate its flow and exchange. In addition, the Anti-Money Laundering questions remains unsolved, as Bitcoin users identity is veiled (they don’t need to […]

Forex Brokers with Guaranteed Stop Loss

17 Oct,2015

Guaranteed stop loss in Forex Guaranteed stop loss is not a common practice with Forex brokers as one would expect. The list below shows all Forex brokers who offer guaranteed stop losses. But first, let’s briefly touch the theory. Guaranteed stop loss vs Regular stop loss Guaranteed stop loss — your stops are executed at […]