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Tag Archives: FXOpen

CFTC issues an injunction against InstaTrade Corporation and ZTRADEFX LLC

Jan
12
2012
Posted by Michael Greenberg in Brokers
0 Comments

Instatrade Corporation, aka Insta Forex, and Ztradefx LLC were two of the 14 firms sued by the CFTC early last year. Ever since most firms didn’t bother to settle with the CFTC but some did. Last week we saw that FXOpen settled the case with the CFTC paying $140,000 fine.
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FXOpen settles with the CFTC for accepting US clients

Jan
5
2012
Posted by Michael Greenberg in Brokers
7 Comments

This was one of the biggest news last year – CFTC sued 14 forex firms (and then 11 more) for various infringements of its laws including accepting US clients. Some firms (offshore ones) decided to ignore this all together and keep accepting American clients, some stopped accepting them but didn’t settle and some managed to settle the case.
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FXOpen sponsoring Drift Belarus 2011

Jun
24
2011
Posted by Michael Greenberg in Brokers
0 Comments

Just like many forex brokers out there who are sponsoring high-adernaline sports competitions FXOpen’s niche is its drift series. This year marks the second Drift competition held in Minsk, Belarus after series of such events in Malaysia and elsewhere in …
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FXOpen slashes ECN fees by 30%

Mar
14
2011
Posted by Michael Greenberg in Brokers
0 Comments

FXOpen has recently added several new liquidity providers to its ECN feed and is now able to offer significantly lower commissions. This represents a drop of about 30% in commission charge. It seems that competition in MT4 ECN market is increasing and the …
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