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Forex Brokers Update — December 4th, 2016

December 4, 2016 by

There were not many updates to the brokers this week:

FxPro is now regulated by South African FSB. PAMM and managed accounts are no longer available. Added swap-free accounts. Minimum account size for cTrader accounts is now $100. Increased maximum leverage for currencies from 1:100 to 1:500, lowered typical spreads, and increased the range of trading instruments.

Alpari received a Forex brokerage license from the Bank of Russia.

One Financial Markets opened an office in Hong Kong and is now regulated by SFC there.

PaxForex no longer has an office in Russia. Opened an office in Nigeria instead. Stopped providing customer support in Urdu, Hindi, and Bengali.

ADS Securities rebranded to ADS Prime.

Forex4you is now regulated by Luxembourg Ministry of Finance.

Sucden and Solforex have been delisted as they no longer cater to the retail Forex traders.

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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