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Recent FAQs
February 8, 2017
What's the fine charged on FXDD by CFTC? Is FXDD a safe and trustworthy broker?
FXDD has paid $2.74 million of fine to the regulatory authority, CFTC in USA in 2013. According to CFTC's announcement, the fine was charged because FXDD has used "asymmetrical slippage parameter" to let the system execute the orders ...
February 8, 2017
Is "Fortrade" safe and trustworthy online FX broker?
Fortrade is an online Forex & CFD & ETF broker based in United Kingdom. It is relatively a new financial broker, founded in 2013. The company is regulated by FCA(Financial Conduct Authority) in UK. The UK's regulatory autho...
February 8, 2017
Is Formax Prime a safe and trustworthy online FX broker?
"Formax" is a trade name of Formax Prime Capital (UK) Limited, UK FCA(Financial Conduct Authority) licensed online FX & CFD brokerage company. The broker is relatively a new broker founded in 2015, it strives to offer ECN trading ...
January 10, 2017
Why some online Forex brokers' addresses are a PO box? Is this even legal?
Out of hundreds of Forex brokers in the world, there are more than dozens of Forex brokers which have addresses of some PO box as contact address to the brokers. There are 3 types of brokers in this case. The broker is not licensed...
January 5, 2017
What happens to my CFD account by the FCA's new restriction on leverage and bonus?
FCA, the financial authority in UK has proposed a package of measures on CFD products to all UK licensed brokerage firms. *FCA - Financial Conduct Authority There are mainly 4 measures proposed in November 2016, and there will be f...
January 5, 2017
Do all brokers in UK (England) restrict leverage and offer no bonus promotions due to regulatory reasons?
FCA(Financial Conduct Authority) is the main financial authority in UK, and it has announced to restrict "leverage" and "bonus offerings" on CFD products. The restriction decision made in November 2016, isn't related to Forex(Foreign ...
January 4, 2017
Is InstaForex regulated? Are they safe to make a deposit to?
Financial Regulation and License of InstaForex InstaForex is a safe and reliable broker Financial Regulation and License of InstaForex InstaForex is presented as a group of companies united under the brand "InstaForex". Insta...
November 15, 2016
What is "HF Markets Group" of HotForex? Which company I have registered for?
HotForex is an unified brand name of the HF Markets Group, and the group is consisted with 3 different companies. Here is the list: HF Markets (Europe) Ltd in Cyprus, regulated by CySEC HF Markets Ltd in the Republic of Maurit...
October 20, 2016
Is TTCM Investment safe? How can we trust their service?
"TTCM Investment" is a brand name of TTCM Traders Capital Markets Limited. The company is regulated and authorized by one of the largest Financial Authority (in terms of the number of registered companies) Cyprus Securities and Exchan...
August 25, 2016
Does IC Markets accept traders from USA or other countries?
Yes, IC Markets accepts applications from clients all over the world, with exception to a few countries due to their local laws and regulations. In addition, you may be required to provide documentation to support your application. ...
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