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Forex Brokers Update — December 16th, 2019

December 16, 2019 by

During the week that just ended, one broker, which was previously listed only in the Russian version of our website, has become listed in other language versions too:

Gerchik & Co — a company registered in Vanuatu and also regulated by the self-governing international association of brokers, The Financial Commission. Gerchik & Co was founded by Russian trading gurus. It offers MT4 trading with leverage up to 1:100 and $500 minimum account size.

Gerchik Co

Some other brokers have been updated during the period:

AGEA no longer offers Fixed Spread account type.

FXTM added FasaPay, DIXIPAY, Perfect Money, Yandex.Money and wire transfer to deposit/withdrawal methods.

Libertex stopped servicing traders from the Russian Federation (via its Forex Club brand).

HYCM is now regulated by DFSA (Dubai).

HotForex no longer accepts payments via SOFORT and QIWI.

Grand Capital added deposits via Tether (USDT) and stopped accepting Yandex.Money. Increased the number of cryptocurrency pairs offered for trading.

GOMarkets launched cryptocurrency trading with the following pairs: BTC/USD, ETH/USD, LTC/USD, BCH/USD, and XRP/USD. The broker reduced spreads for its GO Plus+ accounts but added commission per trade there.

Global Prime now supports MAM and PAMM facilities. It also now accepts bank transfer for deposits.

GKFX had its operating company’s name changed from GKFX ECN to AKFX Financial Services Limited. Russian rubles are no longer available as an account currency.

GCI stopped working with CashU for deposits and withdrawals.

GBE brokers introduced crypto trading with the following pairs: BTC/USD, ETH/USD, LTC/USD, XRP/USD, and BCH/USD.

If you have any questions or comments regarding any of the latest Forex brokers updates, please feel free to reply using the form below.

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