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Quantina Intelligence Ltd.
Quantina Announces Important Update On NewsTrader v3.1 Ultimate EA Following New Changes In ForexFactory Calendar System
The makers of the renowned news trading EA and other prolific Forex trading system announced yesterday 7th March, 2017 important updates in their NewsTrader Ultimate EA. The EA automatically trades the news by using data (results of events) from the economic news calendar derived from Forex Factory to place BUY/SELL orders on the chart. The update became extremely necessary because the EA, which relied on the data pulled from Forex Factory calendar to draw up schedules, filter economic news events and most importantly make trade decisions from the results of the event, could no longer do so after Forex Factory updated their calendar system. The good news is that the new EA, version 3.19, has been fine tuned to download the news, and has a few minor visual fix. You can download the product by logging into your account on Quantina's Website, going to My Account and selecting the Downloads section. If you are having trouble finding the files, you can send an email to their technical support. NB The £25.00 promo for all Quantina Products is no longer available. But you can still get any of their products including the newly updated NewsTrader Ultimate EA at 50% discount by using this Coupon Code during checkout: VIPxcOnyeB | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
FXCM Fined By CFTC
CFTC
Orders Forex Capital Markets, LLC (FXCM), Its Parent Company, FXCM
Holdings, LLC and FXCM’s Founding Partners, Dror Niv and William Ahdout,
to Pay a $7 Million Penalty for FXCM’s Defrauding of Retail Forex
Customers
Press statements from the regulator as at February 6th 2017 has it that FXCM was fined for infractions bordering on false statments or misleading information which must have affected traders. This news comes as big blow to FXCM and a shock to the Forex Community.
See excerpts below from the regulator.
FXCM,
Niv, and Ahdout are Prohibited from Registering with the CFTC, Acting
in Exempt Capacities or Acting as Principals, Agents, Officers or
Employees of Registrants
CFTC’s Order also holds FXCM, Niv, and FXCM Holdings responsible for FXCM’s False Statements to the National Futures Association Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Forex Capital Markets, LLC (FXCM) , its parent company, FXCM Holdings, LLC (FXCM Holdings), and two founding partners, Dror (“Drew”) Niv, and William Ahdout, who were, respectively, Chief Executive Officer of FXCM and Managing Director of FXCM, (collectively, Respondents). FXCM’s principal place of business is New York, New York; Niv resides in Connecticut; and Ahdout resides in New York. The CFTC Order finds that, between September 4, 2009 though at least 2014 (the Relevant Period), FXCM engaged in false and misleading solicitations of FXCM’s retail foreign exchange (forex) customers by concealing its relationship with its most important market maker and by misrepresenting that its “No Dealing Desk” platform had no conflicts of interest with its customers. The Order finds FXCM, FXCM Holdings, and Niv responsible for FXCM making false statements to the National Futures Association (NFA) about its relationship with the market maker. The Order requires Respondents jointly and severally to pay a $7 million civil monetary penalty and to cease and desist from further violations of the Commodity Exchange Act and CFTC Regulations, as charged. FXCM, Niv, and Ahdout agree to withdraw from CFTC registration; never to seek to register with the CFTC; and never to act in any capacity requiring registration or exemption from registration, or act as a principal, agent, officer, or employee of any person that is registered, required to be registered, or exempted from registration with the CFTC. “The CFTC Is Committed to Protecting Customers from Harm in the Markets It Regulates” “Full and truthful disclosure to customers and honest discourse with self-regulatory organizations such as NFA are vital to the integrity and oversight of our markets,” said Gretchen L. Lowe, Principal Deputy Director and Chief Counsel of the CFTC’s Division of Enforcement. “Today’s action’s demonstrates that the CFTC is committed to protecting customers from harm in the markets it regulates.” FXCM is registered with the CFTC as a Futures Commission Merchant and Retail Foreign Exchange Dealer. FXCM has been providing retail customers with access to over-the-counter forex markets through a proprietary technology platform and has acted as counterparty in transactions with its retail customers in which customers can buy one currency and simultaneously sell another. Both Niv and Ahdout were CFTC registrants during the relevant period. FXCM, under Niv’s and Ahdout’s direction and control, misrepresented to its retail forex customers that when they traded forex on FXCM’s No Dealing Desk platform, FXCM would have no conflict of interest, the Order finds. In addition, according to FXCM’s marketing campaign, retail customers’ profits or losses would have no impact on FXCM’s bottom line, because FXCM’s role in the customers’ trades was merely that of a credit intermediary, the Order finds. FXCM further represented that the risk would be borne by banks and other independent “market makers” that provided liquidity to the platform, according to the Order. FXCM’s Undisclosed Interest Contrary to these representations, the Order finds, FXCM had an undisclosed interest in the market maker that consistently “won” the largest share of FXCM’s trading volume – and thus was taking positions opposite FXCM’s retail customers. FXCM, the Order finds, formulated a plan in 2009 to create an algorithmic trading system, using an FXCM computer program that could make markets to FXCM’s customers, and thereby either replace or compete with the independent market makers on FXCM’s “No Dealing Desk” platform. Although FXCM eventually spun off the algorithmic trading system as a new company, in actuality the company remained closely aligned with FXCM, according to the Order. This market maker received special trading privileges, benefitted from a no-interest loan provided by FXCM, worked out of FXCM’s offices, and used FXCM employees to conduct its business, the Order further finds. The Order finds that FXCM and the market maker agreed that the market maker would rebate to FXCM approximately 70 percent of its revenue from trading on FXCM’s retail forex platform. In total, through monthly payments from 2010 through 2014, the company rebated to FXCM approximately $77 million of the revenue it achieved. However, FXCM did not disclose to customers, among other things, that this company – FXCM’s principal market maker – was a startup firm spun off from FXCM, the Order further finds. False Statements to the NFA The Order also finds that FXCM willfully made false statements to NFA in order to conceal FXCM’s role in the creation of its principal market maker as well as the fact that the market maker’s owner had been an FXCM employee and managing director. The Order finds that during a meeting between NFA compliance staff and FXCM executives, Niv omitted to mention to NFA the details of FXCM’s relationship with the market maker. The Order holds Niv and Ahdout liable for FXCM’s fraud violations as “controlling persons” who were responsible, directly or indirectly, for FXCM’s violations. Niv is also held liable for FXCM’s false statements to NFA as a controlling person who was responsible directly or indirectly for those violations. FXCM Holdings is held liable for FXCM’s fraud and false statement violations as principal of FXCM, the Order also finds. The CFTC thanks NFA for its assistance in this matter. CFTC Division of Enforcement staff members responsible for this action are Christopher Giglio, Patrick Daly, David C. Newman, Xavier Romeu-Matta, K. Brent Tomer, Lenel Hickson, Jr., and Manal M. Sultan. Media Contact Dennis Holden 202-418-5088 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Get Paid To Trade.... Do you: -Want to make a living from your trading or help others while remaining anonymous and avoid dealing directly with clients? -Enjoy teaching others how to trade? -Have an in depth understanding of both fundamental and technical analysis? There are a few things to consider and in order to qualify it’s not all about your returns but how you manage and quantify the risk you take. Terms of Qualification - Real money trading account - Fully verified track record on Myfxbook - At least $5,000 USD in your trading account - At least a 4-month track record - At least 200 realised trades - No Grid or Martingale - this includes averaging into trades - Automated or Manual traders welcome* (If Automated provide back-tested results. If Manual you will be required to illustrate some setups in out of sample data.) - Average trade holding time must be below 1 week and above 5 minutes If you meet the above criteria and you think you've got what it takes then send the following details below to (onyeobike@yahoo.com or onyeobike@gmail.com): 1. Name 2. Link to your Trading Account or Trade Records (Myfxbook, MT4i preferable) 3. Email Address & any other contact address Applicants will be screened by the Forex Institution making the announcement. This is an opportunity to change your life and work within one of the few authentic, reputable and growing organizations in the Forex industry. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Key Features & Comparison Between Version 2 & Version 3
14/09/2016 - The makers of the renowned Forex Simulating Application (Forex Tester) for Strategy Building & Backtesting recently launched a newer version with outstanding features and improvements.
The app comes with over 26 new features and improvements which makes it much more efficient, and robust for Forex trading strategy development and testing.
For indepth desscription of each feature please visit website - Forex Tester 3 In-depth Feature Description The new version would be released on September 15th, 2016. FREE Upgrade from Version 2 to Version 3 is available at a limited time. See our homepage for more details. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
HOTFOREX EXCLUSIVE PROMO
HotForex Relaxes Minimum Requirement For PAMM Manager Account
29/07/2016 - HotForex Broker
has announced an upcoming promo that will allow new & existing
traders plus PAMM Managers to open a PAMM Manager Account with funds as
low as $300.00 as from August 1st 2016
Prior to this announcement the minimum requirement to open a PAMM Manager Account was around $500.00. The benefit of this promo is that traders who are that good with low income trading strategy like cents can now have the opportunity to become Fund Managers. The PAMM system is one of the viable ways of making more income in addition to your personal trading income through client funds traded by the PAMM Manager. The PAMM Manager earns a success fee and as well a penalty fee from clients registered under the account. Core Benefits 1. Expand your portfolio while utilizing less fund 2. Access to a wide pool of funds 3. As much as 6 accounts can be opened by the Fund Manager 4. Open access to all traders who are desirous of earning more income from their trading skills 5. Opportunity to boost trading performance in order to rise up in rankings and draw additional investors. 6. Does not requirement any other cost. Requirements You need to open a myhotforex account first (for new traders) and then go on with the process for opening the PAMM Manager Account. For more information and details about Hotforex PAMM and promo please visit website: HotForex Exclusive Promo For PAMM Managers or Contact us: FXTradeCity NB: Promo starts August 1st 2016 and runs for a limited time. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
05/05/2016 - A couple of weeks ago, the makers of the renowned News Trading EA - Quantina News Trader Ultimate, released more spectacular Expert Advisers from their lab. Although one of the EA was released some couple of weeks ago, and the other two are fresh out of the Lab. An outstanding quality about Quantina Intelligence Research Lab is their continuous research, and development of news trading systems as well as other automated trading software.
The Three New EAs
New Release #1.
The EA automatically execute trades for you, based on the difference
between the actual and expected (or customized) macroeconomic data. If
data is positive (higher than expected) it can automatically enter the
buy order on the market. If data is negative (lower than expected) it
can automatically enter the sell order on the market by mouse click
emulator.
Key Features
Stand Alone Application: No
need to install it, one single file only. It doesn’t make any changes
in registry and it doesn’t use FTP protocol. Compatible with any PC or
VPS. As a stand-alone application give your trading platform a freedom
and huge trading advantage.
Most Advanced Coding Method: It’s coded to consume less computer resources, hence It has a faster execution and stable operation. Avoids Multiple News Indicator conflict: The Developers realized that one single economic news release can not give us a correct trading direction if at the same time releasing several different economic data on the market. If there are conflict in the deviation then the market could be highly volatile and unpredictable.
Integrated MND Core (Multiple News Decision Core): A special core
(Multiple News Decision Core) was designed to provide additional
advantages during news trading. With MND core you will able to add
multiple news events with different conditions to a single Intelligence
(trading decision). Quantina Intelligence News System can process
multiple indicators.
User-friendly Interface - Instant Trading Signal: You can choose any news event from a simple Economic Calendar on our interface. Set your conditions easily as a simple form. Add it to your Intelligence and set up click co-ordinates on your broker’s BUY or SELL button. Activate it with one click. No need to understand scripts or any programming language. Trades Every News Impact Types: Not just all the most important economic indicators such as US NonFarm Payroll, Unemployment Rate, or Inflation reports can be traded, but every high, medium, and low impact news events from almost 42 countries can be traded. Unlimited opportunities and trading rules can change everything. After News Auto Click Delay: Instant Auto Click and After News Auto Click method also can be used in this version. Customizable After News Auto click can delay your trades for the beginning of next timeframe to avoid - high spread and - volatile market conditions. Delay valid for the scheduled time and not for the news released. In this case you will have extra advantage for trading opportunity.
Fast-Link To Get More Info: There is a built-in get more information link for every economic news event, which is sourced from Investing.com. The information contains
the type of news event, history data with charts, and also a simple
explanation for beginners regarding how the actual data will affect the
currency (e.g. “A
higher than expected reading should be taken as positive/bullish for
the GBP, while a lower than expected reading should be taken as
negative/bearish for the GBP.”)
Designed For All Kind of Users: The EA was made by professionals and also tested on beginners to ensure it is optimized for all kind of users. Ideal for technical and fundamental trades.
Other Features
Additional Notes
New Release #2.
The Quantina Forex News Trading Pack + Remote Installation is a special combination of Qunatina's best EAs inclusive of a special installation by their technical team on your PC, VPS, or Server. One of the key advantage of acquring the combination pack is the significant price difference when compared to buying each of the EAs alone. Moreover the EAs are one of the best with proven profitability. So the combination would increases the chances of more profits. Also the installation of the EAs by Quantina Technical Team is another good adavantage since they will apply the same techniques and parameters they use on their production system in installing the pack on your PC or VPS.
Price Details & Economic Advantage
For more information please visit website -Quantina Forex News Trading Pack (Including Remote Installation)
Special discounts please Contact Us
New Release #3.
This new EA is really an intelligent design by Quantina. As the name implies, it trades after the news release has occurred after following a very clever logic that scans the market for opportunities of a price reversal, which is very common in news events, and then takes advantage of it.
How It Works After a high or medium impact news events, the FOREX market will react and price will certainly move in one direction (long or short). The EA will wait until the end of the timeframe before it enters the market. This protects you from high spread, and latency issues. The EA works with market orders to reduce data usage with your broker server. It can observe the candle of a scheduled news event and open trades in the same and/or opposite trend direction beginning of the very next candle. Depending on the size of impact and direction, it will track and secure your executed order with the BreakEven method* and Trailing Stop as usual in Quantina Expert Advisors. key Features
1. 4/5 digit platform supported automatically
2. Real ECN / STP account type compatible3. Latest MT4 build 950+ compatible 4. Advanced Break Even Method (Trigger + Lock) 5. Opposite Trade Direction for medium impacts 6. Trail before break even available 7. Separated Buy and Sell Order Distance 8. Intelligent Money Manager (Calculated with Stop-Loss) 9. High Spread Protection 10. Settings can be used in PIPS or in Points
11. Stealth Mode Function to protect your account
Price - £90.00
Purchase For One Time Payment or Rent Monthly
Visit Website For More Information - Quantina After News Trader EA 2016
Special discount offer please Contact Us
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FXTradeCity In Conjunction With Quantina Intelligence Forex Research Lab Presents Yuletide Promotion (50% Discount) On All Quantina Forex Intelligence Products
FXTradeCity is glad to announce its 50% Discount promotion on all Quantina Intelligence Products in this season of celebration. This means friends, visitors and fans of FXTradeCity will get all products on Quantina Intelligence website for Discount of 50% cost price until the expiration of the promotion.
Benefits Quantina Forex News Trader EA 2015 ULTIMATE v3.1 (Automated-and-Manual Trade) - See more details of the EA Cost Price: £190.00 50% Discount: £95 Quantina Forex News Trader EA 2015 DEMO v3.1 (Automated and Manual) See more details of the EA Cost Price: £29.00 50% Discount: £14.50 Quantina Intelligence iTrend EA 2015 Universal Edition v1.5 See more details of the EA Cost Price: £99.00 50% Discount: £49.50 Quantina Intelligence Session Trader EA 2015 Universal Edition See more details of the EA Cost Price: £29.90 50% Discount: £14.95 Quantina Straddle Trader EA 2016 (With Latency Meter) Half Automated Trading System with high spread- and profit protection system. See more details of the EA - **Available for ONLY existing cutomers Cost Price: £19.00 50% Discount: £9.50 ......and many more products (indicators, special settings packs, e.t.c.). To take advantage of this offer use the Coupon Code: VIPxcOnyeB at check out during payment for any product on Quantina's website. We strongly recommend deploying your news trading EAs on a VPS in order to avoid missing any trade. NextPointHost is a very good VPS Provider offering up to 25% additional lifetime discount depending on the billing cycle. We learnt a new data centre will soon be launched in London amongst other data centres in Europe. See more details: NextPointHost Forex VPS Hosting Wish you a pipful encounter trading the news. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The makers of MT4 officially announced the launching of a web based MT4 platform on browsers. The news which was posted on 31st August, 2015 in the official website states that users can utilize the platform via any browser and
operating system (Windows, Mac, Linux). No additional software is
required — everything is done on the MQL5.community website.
The only requirements needed to get started is to register for an MQL5.community account and a demo account on the MetaQuotes-Demo server. The platform is not limited to only Metaquotes demo servers, because traders can still register their broker name, and login in to their accounts. Click this link to add a trading account: https://www.mql5.com/en/trading This innovation breaks the barrier of standalone platforms which restricts traders to their PCs. Now traders can get access to their platform everywhere, anywhere as long as a browser is there. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The makers of the renowned Forex Insider Indicator, PowerFlow EA & ProFX recently launched the updated version of FXPulse Tool. The
utility, which aids news trading by providing news events directly on
the chart makes it the fourth major update since inception.
A major feature in the new version is the multilingual interface & faster delivery of news events directly on the chart. Key Features
Once more the utility comes FREE with no conditions. Statement from the developers: "News is the lifeblood of the Forex Market! Did you ever find yourself in a trade where everything seemed to be perfect but suddenly the price turned within seconds against your position and your profitable trade turned into a huge loss?
Experienced currency traders know that keeping an eye on Forex News and Economic Data is essential because there is nothing what can turn prices as quick as News do. And so should you." Click here to visit Forex21 and download FXPulse4.0 Additional Download: Forex Insider (FREE) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NextPointHost Forex VPS & Hosting Solutions Celebrates 5 Years Anniversary With Special Discount Offers & A Special Birthday Draw
NextPointHost recently announced Discounted Prices and a Special Birthday Draw For Their 5th Anniversary - Tuesday, May 5, 2015
NextPointHost, a premier provider of affordable and VPS hosting, announced it is marking its 5th anniversary by announcing a couple of special discounts to help celebrate five years of offering world-class web hosting services to customers in Europe and internationally. In celebration of its 5-year anniversary, the company has announced discounts on two of the most popular hosting services – shared and VPS SSD servers - offering new and existing customers 50% off all new orders placed before 20th May 2015. NextPointHost will also be giving away a Free SSD VPS Hosting account for 1 year. Anyone can take part in the Birthday Draw just by visiting their Facebook page and submitting the application form for a chance to win. Having started with just three Forex VPS hosting plans in 2010, NextPointHost’s service portfolio has grown and adapted over the past 5 years to include products under 6 different categories and catering to businesses of all sizes. In fact much of the past 5 years at NextPointHost has been spent on tweaking and perfecting their hosting solutions. The company has already exhibited phenomenal success in the market. “NextPointHost’s 5th anniversary is a significant milestone in an industry that is changing constantly, said Genko Penev, CEO of NextPointHost. “A long-term focus on customer care and a stable operations have greatly contributed to NextPointHost’s success. We now have two datacenters, and a range of hosting products far more powerful than anything I could have imagined back in 2010.” To find out more about the 50% discount on shared and VPS hosting servers, and other promotions and services please visit: NextPointHost Website NB NextPointHost ranks No.1 in our Top 5 Forex VPS Providers. See our VPS Table: Top 5 Forex VPS Proiders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
CFTC Launches Online Tool That Helps Investors To Check The Registration, License, & Disciplinary History Of Certain Financial Professionals.
The
US Commodity Futures Trading Commission (CFTC) recently launched a
SmartCheck tool that allows investors to verify the credentials of
investment professionals, uncover any past disciplinary history, and
stay ahead of scam artists with news and alerts. The
investigative tool exposes Six (6) key information which reveals the
true background of a registered financial professional or institution.
KEY DETAILS/FEATURES
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HotForex recently announced the launch of the much awaited Social Media Trading Network, which
connects more than 250,000 traders across the world. The innovative
scheme allows traders in the network to Identify, follow and copy the
most
successful traders; build portfolio; exchange information; and,
track progress.
The social trading platform, which is powered by one of the fastest growing network in the world FXStat is also available on mobile Smartphones. So traders can keep up-to-date with the latest news, and react to market moves as they happen anywhere anytime. KEY FEATURES
BENEFITS FOR NEW CLIENTS New clients who open an account through FXTradeCity would be given a special COUPON code to purchase Quantina News Trader EA Ultimate 2015 at £90.00 OFF the cost price. To open an account through us Click Here: HotForex - FXTradeCity (offer lasts until 31st March, 2015)
For more information visit HotForex Website: HotForex Social Trading Network | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
MetaQuotes the developers of MetaTrader 4 & MetaTrader 5 has innovated a scheme, which enables RENTING of EAs, & Forex Products from the MQL Community.
This innovation according to MetaQuotes allows members not only to buy
MetaTrader Market applications but also rent them. According to the
developers, "Renting a product is clearly much cheaper than purchasing a full license".
Part of the objectives of this scheme is to build trader's confidence about a product before buying it. This action might gradually eradicate demo versions as a product can be rented for a certain period of time to make sure that it is really what you need - much like the same objective for a demo version with limited features. Developers of Forex systems have a lot to benefit through this scheme as more clients would be attracted to cheaper prices with contractual duration.
MT4 ISSUES & LIVE UPDATE SOLUTION Currently this scheme does not work for MT4 build 765 and below. However it works perfectly for MT4 latest build 777 upwards but unfortunately the new build is not available through live update on MT4 platform. To perform an alternative live update to build 777 or 778 follow the steps below:
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FOREX INSIDER Forex21 Releases New FREE Institutional Tool That Displays Live Trading Positions Of Other Traders, Trading Data From MyFXBookAPI, Real Traded Volume Of Currencies, e.t.c....
Forex21 announced the release of a high end FREE institutional trading tool that allows ordinary retail traders to see positions of other traders, which will help to guide their trading decisions.
According to the designers of this wonderful utility, only institutional traders had access to such data which gave them a serious advantage over retail traders because of obvious reasons. With Forex Insider, traders can now know what other traders are doing which makes it easy to beat them on the Forex battlefield.
Price: FREE (Only available for a limited time!) Download: Click Here: Forex Insider - The Best Forex Indicator | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Forex21
recently announced the release of the new version of ProFx 3.0. The
buy/sell signal trading utility has made up to 513.20% since its initial
launch in 2013
How It Works
The
semi-automated Forex trading system makes profitable trading as easy as
only possible. It continuously analyzes technical and fundamental
market conditions and provides you with precise entry and exit signals
through audio, e-mail and SMS notifications whenever a new high
probability setup has been detected. In summary it tells you when to
BUY, SELL, where to Set SL and TP Orders, when to Exit your Trades, when
and when Not to Trade, e.t.c.
New Features:
▪ Fixed bug in Multi Oscillator.
For more information on Live Results, Trade Statements, e.t.c visit website: Forex21 - Forex Trading Systems & Forex Trading Robots That Works
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Swiss Central Bank Takes Off Cap On Franc Extreme Gaps on CHF Causes Net Breaking Losses
The unexpected decision caused instant losses running into billions, and as well profits for some traders who probably had open sell positions in pairs like USDCHF. According to Bloomberg.com, major dealers struggled to process orders amid a flood of customer calls, and trade requests, according to people with direct knowledge of the events. Some of these banks includes; Deutsche Bank AG (DBK), UBS Group AG (UBSG) and Goldman Sachs (GS) Group Inc. The Swiss Franc grew 41% against the Euro and about 38% against the USD, but unfortunately most investors couldn't take advantage of this because quotes were frozen by brokers probably as a fail safe move thereby causing "No Liquidity" in most platforms. Most financial experts believes that a higher than expected number of traders were caught unawares in this frenzy move. Some brokers have already begun sending emails informing their clients of their decision to fill client orders and positions in other to fill the gap. It is likely that brokers with low holding capital might close up due to the huge losses that will be involved after they bridge the gap. Probably by next week we should be having a clear figure of this.
See full reports from Bloomberg.com:Mayhem Erupts on Trading Floors After Swiss Central Bank Removes Cap on Franc
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FXTradeCity Presents 20% Discount Special Offer For ALL Quantina EA Products & £90.00 Off for Opening A HotForex Zero Spread Account Through FXTradeCity
Due
to the closure of the pre-sale price of Quantina EA News Trader
Ultimate, FXTradeCity had to review the promo in the best interest of
traders. The pre-sale price of £149 is no longer valid as the price has
been adjusted to £190.
GET £90.00 OFF BUY AT £100.00 However traders can get a better deal when they open a HotForex Account (preferably Zero Spread Account) and get a unique coupon to purchase the EA for £100.00. Follow the steps below for this option;
HOW QUANTINA EA WORKS
The
EA downloads the next news events from the
Forex Factory's website. If something goes wrong or the Economic
Calendar comes up late then the EA will contact Quantina's server, and
compare the correct news events, so you will never going to miss any
news events, especially the high
impacts news. A few seconds before the scheduled news release, the EA
selects the correct currency pair automatically and sets a buy stop
and sell stop orders. When the news released hits one of them (buy or
sell). EA will start to track it immediately, calculating with actual
spread and slips (version 2015 v3.1 and above) and sets the Safety
Net to the first profitable position (BreakEvenPips). You will earn at
least that much profit even if the market suddenly turns back.
However, if the market price moves forward in your favour, The EA will
track it, and handle your opened
position for the maximum profit. With spike trading method average
trading time is about 2-3 minutes. Average profit is about 1 - 25 pips /
trade.
(Average trading time 5-25 minutes, Average Profit 60pips/trade). Advanced traders can use all the possibile trading methods at the same time on the same account which is highly profitable. Beginners are advised to follow the video instructions to reach high profit by monthly basis.)
FEATURES AND BENEFITS OF QUANTINA EA NEWS TRADER & OTHER PRODUCTS
Offer lasts from 10th January 2015 - 31st march 2015
Terms and conditions apply.
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Forex Manipulation More Bank Probe On The Way Two (2) Major Banks on the Hit List
Reports
from financial sources (Bloomberg), on December 11, 2014 has it that
two (2) major banks are on the radar of New York's Financial Regulators
for alleged use of sophisticated algorithms in their trading platforms
to manipulate Forex prices.
According to Bloomberg's report the New York's Financial Services found likely evidence that Barclays Plc (BARC) and Deutsche Bank AG (DBK) may have used algorithms on their trading platforms to manipulate foreign-exchange rates, by using automated tools that goes beyond individuals colluding to rig currency benchmarks, and take advantage of less sophisticated clients. It is worthy to note that Deutsche Bank, and Barclays weren’t among the six firms that agreed to pay $4.3 billion to U.S., U.K. and Swiss authorities last month in the first settlements in the global probe. Currently monitoring systems have been installed in these banks as part of the investigations as stated by a spoke person of the Financial Investigating Authority. It is highly expected that another round of penalties or fines might be the lot of these banks if found wanting. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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FXScam....Banks At It Again!!! CFTC Orders Five Banks to Pay over $1.4 Billion in Penalties for Attempted Manipulation of Foreign Exchange Benchmark Rates. Total Penalties Since June 2012 up to $3.4 Billion
A
shocking, and bizarre news came out officially from the Forex watchdog -
CFTC on November 12, 2014 stating penalties imposed on Five (5) notable
Banks for attempted manipulation of foreign exchange benchmark rates. The
shocking side of the story is the calibre of bank's involved -
Citibank, RBS, JPMorgan, UBS & HSBC. The statement alleged that
the heinous breach, which was carried out with other private banks
through a private chatting platform was aimed at manipulating the World
Markets/Reuters Closing Spot Rates (WM/R Rates), which is the most
widely referenced FX benchmark rates in the United States, and
globally.
See details of the official press statement below:
"Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) issued five Orders filing and settling charges against Citibank N.A. (Citibank), HSBC Bank plc (HSBC), JPMorgan Chase Bank N.A. (JPMorgan), The Royal Bank of Scotland plc (RBS) and UBS AG
(UBS) (collectively, the Banks) for attempted manipulation of, and for
aiding and abetting other banks’ attempts to manipulate, global foreign
exchange (FX) benchmark rates to benefit the positions of certain
traders.
The Orders collectively impose over $1.4 billion in civil monetary
penalties, specifically: $310 million each for Citibank and JPMorgan,
$290 million each for RBS and UBS, and $275 million for HSBC.
The Orders also require the Banks to cease and desist from further
violations, and take specified steps to implement and strengthen their
internal controls and procedures, including the supervision of their FX
traders, to ensure the integrity of their participation in the fixing of
foreign exchange benchmark rates and internal and external
communications by traders. The relevant period of conduct varies across
the Banks, with conduct commencing for certain banks in 2009, and for
each bank, continuing into 2012.
Aitan Goelman, the CFTC’s Director of Enforcement, stated: “The
setting of a benchmark rate is not simply another opportunity for banks
to earn a profit. Countless individuals and companies around the world
rely on these rates to settle financial contracts, and this reliance is
premised on faith in the fundamental integrity of these benchmarks. The
market only works if people have confidence that the process of setting
these benchmarks is fair, not corrupted by manipulation by some of the
biggest banks in the world.”
According to the Orders, one of the primary benchmarks that the FX
traders attempted to manipulate was the World Markets/Reuters Closing
Spot Rates (WM/R Rates). The WM/R Rates, the most widely referenced FX
benchmark rates in the United States and globally, are used to establish
the relative values of different currencies, which reflect the rates at
which one currency is exchanged for another currency. FX benchmark
rates, such as the WM/R Rates, are used for pricing of cross-currency
swaps, foreign exchange swaps, spot transactions, forwards, options,
futures and other financial derivative instruments. The most actively
traded currency pairs are the Euro/U.S. Dollar, U.S. Dollar/Japanese
Yen, and British Pound Sterling/U.S. Dollar. Accordingly, the integrity
of the WM/R Rates and other FX benchmarks is critical to the integrity
of the markets in the United States and around the world.
The Orders find that certain FX traders at the Banks coordinated
their trading with traders at other banks in their attempts to
manipulate the FX benchmark rates, including the 4 p.m. WM/R fix. FX
traders at the Banks used private chat rooms to communicate and plan
their attempts to manipulate the FX benchmark rates. In these chat
rooms, FX traders at the Banks disclosed confidential customer order
information and trading positions, altered trading positions to
accommodate the interests of the collective group, and agreed on trading
strategies as part of an effort by the group to attempt to manipulate
certain FX benchmark rates. These chat rooms were sometimes exclusive
and invitation only. (Examples of the coordinating chats are attached
under Related Links.)
The Orders also find that the Banks failed to adequately assess the
risks associated with their FX traders participating in the fixing of
certain FX benchmark rates and lacked adequate internal controls in
order to prevent improper communications by traders. In addition, the
Banks lacked sufficient policies, procedures and training specifically
governing participation in trading around the FX benchmarks rates; and
had inadequate policies pertaining to, or sufficient oversight of, their
FX traders’ use of chat rooms or other electronic messaging.
According to the Orders, some of this conduct occurred during the
same period that the Banks were on notice that the CFTC and other
regulators were investigating attempts by certain banks to manipulate
the London Interbank Offered Rate (LIBOR) and other interest rate
benchmarks. The Commission has taken enforcement action against UBS and
RBS (among other banks and inter-dealer brokers) in connection with
LIBOR and other interest rate benchmarks. (See information below.)
The Orders recognize the significant cooperation of Citibank, HSBC,
JPMorgan, RBS, and UBS with the CFTC during the investigation of this
matter. In the UBS Order, the CFTC also recognizes that UBS was the
first bank to report this misconduct to the CFTC.
In related matters, the United Kingdom Financial Conduct Authority
(FCA) issued Final Notices regarding enforcement actions against the
Banks and imposing collectively penalties of £1,114,918,000
(approximately $1.7 billion), and the Swiss Financial Market Supervisory
Authority (FINMA) has issued an order resolving proceedings against and
requiring disgorgement from UBS AG.
The CFTC thanks and acknowledges the invaluable assistance of the
U.S. Department of Justice, the Federal Bureau of Investigation, the
Office of the Comptroller of the Currency, the Board of Governors of the
Federal Reserve System, the Federal Reserve Bank of New York, the FCA,
and FINMA.
CFTC Division of Enforcement staff members responsible for these
cases are Robert Howell, Jonathan Huth, Traci Rodriguez, Jennifer
Smiley, David Terrell, Melissa Glasbrenner, Heather Johnson, Jordon
Grimm, Elizabeth Streit, and Gretchen L. Lowe.
* * * * *
With these Orders, since June 2012, the CFTC has imposed penalties of
over $3.34 billion on entities relating to acts of attempted
manipulation, completed manipulation, and/or false reporting with
respect to global benchmarks. See In re Lloyds’ Banking Group, PLC , CFTC Docket No. 14-18 (July 28, 2014)($105 million)(CFTC Press Release 6966-14); (In re RP Martin Holdings Limited and Martin Brokers (UK) Ltd., CFTC Docket No. 14-16 (May 15, 2014) ($1.2 Million penalty) (CFTC Press Release 6930-14); In re Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank), CFTC Docket No. 14-02, (October 29, 2013) ($475 Million penalty) (CFTC Press Release 6752-13); In re ICAP Europe Limited, CFTC Docket No. 13-38 (September 25, 2013) ($65 Million penalty) (CFTC Press Release 6708-13); In re The Royal Bank of Scotland plc and RBS Securities Japan Limited, CFTC Docket No. 13-14 (February 6, 2013) ($325 Million penalty) (CFTC Press Release 6510-13); In re UBS AG and UBS Securities Japan Co., Ltd., CFTC Docket No. 13-09) (December 19, 2012) ($700 Million penalty) (CFTC Press Release 6472-12); In re Barclays PLC, Barclays Bank PLC, and Barclays Capital Inc., CFTC Docket No. 12-25 (June 27, 2012) ($200 million penalty) (CFTC Press Release 6289-12).
In these actions, the CFTC ordered each institution to undertake
specific steps to ensure the integrity and reliability of the benchmark
interest rates.
Media Contact
Dennis Holden | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
HotForex Launches 0.0 Spread Account Barely a month ago HotForex launched mouth watering bonuses, which saw new clients getting FREE $30 credit in their accounts without any deposit obligations and many other bonus. Click here to see more: HotForex once again set a shocker recently by introducing a Zero Spread Account, targeting major currency pairs like the EURUSD and many others. Here's the e-mail statement from HotForex:
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OFFER OF THE CENTURY HotForex Launches Spectacular Bonuses in October 2014 HotForex recently announced the launching of mouth watering bonuses to start in the month of October, 2014. The world acclaimed broker added that the new bonus would allow traders to increase their leverage, earn rebates or protect their accounts from drawdown. To the best of our knowledge all other existing bonus is still in operation. OFFERS IN THE BONUS: 100% Super Charge Bonus Traders get to increase their leverage with a 100% Credit Bonus that can be applied to EVERY deposit of $200 to $250 or more. The maximum cumulative bonus that a trader can earn is a massive $50,000. This also includes daily CASH rebates to be earned through the trader's trading activity!* $30 No Deposit Bonus HotForex is offering a free $30 credit to new clients who want to experience trading in a real environment before investing their own funds. There is absolutely no obligation to deposit funds and profits can be withdrawn once the volume requirement has been met.* This simply means open an account and get it funded for FREE with $30. Please note that terms and conditions apply*. Open A HotForex Account Now | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
HotForex recently annoucned the launching of the renewed and improved version of one of their prolific web trading platform - WebTrader.
The platform which is highly customizable to trading
environment comes with latest update that brings
improved responsiveness and even better performance as stated by the developers. The WebTrader
interface has been automatically updated, so existing users only need to login to get access to the new features (Note: If you have any issues viewing
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Candle Forex is offering a special discount on its Server Services between 7th and 14th
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HotForex has announced the launching of the prestigious MQL Signal Services Tab on its platform. Currently they are about 3,970 signals available for subscription in MQL Signal Services (See The Top 7 MT4 MQL's Signal Providers). There are very few Brokers who support the MQL Signal Services. This new innovation by HotForex would allow traders to subscribe to any of the signal services provider of their choice, and get automated placement of trades to their platforms seamlessly. Brief on Hotforex HotForex is an award winning, fully regulated and licensed online Forex and commodities broker. Offers various accounts, trading software and trading tools to trade Forex and Commodities for individuals, fund managers and institutional customers. Retail, IB and White Label Clients have the opportunity to access interbank spreads and liquidity via state of the art automated trading platforms. Headquartered in Mauritius and supported by their worldwide Customer Management Centre's, HotForex offers its clients an unparalleled trading experience with excellent multilingual support in an effort to provide its clients with every advantage possible in order to facilitate their trading activities.
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The much awaited Forexpeacearmy's 2013 Forex Broker Scam of the year was released on Friday 18th April, 2014. The
FPA has a reputation for unbiased benchmark and review of Forex
products and services. The yearly contest was designed to serve as a
deterrent to deceitful brokers, ensure fair-play, and to keep traders
informed.
Here are the top 4 worst brokers in 2013: Rank No 4: (HFX.com) Apart from failing to pay their client (traders) debts, this broker was known for posting fake reviews about their services, and wiping off their client accounts after assuring to place profitable trades and many more.... Rank No 3: (Forexoma.com) The once Forex education, signal provider, and trading systems site owned by Vahid Chaychi were accused of taking away their client funds. At a particular time their website went down and the complaints for withdrawal issues among others increased. In no distant time their MT4 server went down and the complaints skyrocketed. Read more... Rank No 2: (Liteforex.com) This broker cleverly used their terms of service to limit their clients from making legitimate profits in their trades especially with news trading. This gave them arbitrary power to impound client funds for no legitimate reasons.
Rank No 1: (4XP.com)
4XP picked the worst of the worst broker in 2013.
For the complete story of the 2013 Forex Broker Scam of the Year please click here
Do you think you have been scammed? Submit your complaint with the FPA or contact us to assist you.
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Alleged Forex Manipulation By Swiss, Britain, & US Banks
Swiss Competition Authority Opens Probe On Eight Banks For Alleged Forex Manipulation
Report
on Monday 31st March, has it that the following banks: Royal Bank of
Scotland, Credit Suisse, Zuercher Kantonalbank (ZKB), Barclays Bank,
Citigroup, JP Morgan, UBS, and Julius Baer are on the radar of the
Swiss Competition Authority probe panel for alleged collusion to
manipulate exchange rates in foreign currency trades.
A crucial part of the watchdog’s examinations are to ascertain whether traders from different banks teamed up to induce currency prices, and whether they traded ahead of their own customers or failed to accurately represent to customers how they were determining the prices. A statement credited to the Switzerland's Competition Commission WEKO, on Monday states that it had opened an investigation into the Swiss, British and U.S. banks over potential conspiracy to manipulate foreign exchange rates of which the most important exchange rates were affected. A similar preliminary investigation last October was opened by the Swiss Competition Authority after gathering facts about potential manipulation of foreign exchange markets by banks. Previous investigations of this sort by international investigating agencies had led to huge fines to errant banks. Also last week, UBS suspended several currency traders, pending international investigations into allegations of collusion and market rigging. In reaction to these allegations, some of the banks penciled in the statement were shocked at WEKO's action because they were not given advance notice prior to the release of these allegations to the public. Julius Baer said an internal investigation had found no evidence of foreign exchange market abuse behavior. Credit Suisse in their reaction found the allegation as “astonishing” and further stated that WEKO's press release contained inappropriate references to Credit Suisse AG and that the claims were "inappropriate and harmful" to its reputation. Meanwhile UBS, JP Morgan, RBS and Citigroup have not made any public statement on WEKO’s action as at the time of the release. According to reports from Reuters, the Swiss Competition Authority would conduct the investigation by themselves without the interference or assistance of foreign authorities due to legal reasons. If these banks are found culpable then they would like face fines up to 10% of their turnover generated in the relevant market in Switzerland over the last three years. A major concern for Forex traders is that these banks are the custodians of client funds for major Forex brokers. Therefore a lot could be at stake for the banks and other institutions like the Forex Brokers with regards to client confidence on the Broker's Bank integrity. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The developers of StrategyQuant has upgraded their computer generated strategy platform to 3.5. The new release was announced on their website on 21st Feb, 2014.
A key feature of this release is its cross compatibility to generate trading strategies for the NinjaTrader Platform. See excerpts of the new features in version 3.5:
Promo Offer
To celebrate the new release, StrategyQuant is offering a special 30% discount off the regular price! Offer expires 11:59:59 pm PST on Monday February 3rd, 2014.
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MetaQuotes has upgraded its previous MT4 Client Terminal Build 600 to Build 610. This upgrade, which ultimately seeks to fix certain bugs came out barely 2 weeks after the release of Build 600. The first release has been welcomed with diverse tales from traders, which most of them prefered the traditional MT4 Build 509. According to Metaquotes, the new Build 610 has resolved the following issues:
See: Difference Between MT4 and MT5 Before New Build 600 & 610
Our question still remains the same: Is this a clever phasing away of the traditional MT4? Have you installed the new version? Please share your experience with everyone. Leave your comments in the article on MT4 vs MT5 Further Reading: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
MetaQuotes Releases MT4 Build 600
With New Features, Uncertainties, Massive Changes To Affect EAs & Trading MetaQuotes has upgraded its previous MT4 Build 509 to Build 600, which is close to an exact replica of MetaTrader 5. MT4 Build 600, which was officially released on 3rd February, 2014 comes with massive changes that seemsto be a deliberate transition from MT4 to MT5. Traders who downloaded the new build have witnessed strange changes in the new build especially with regards to EAs, File Structure, and Development of EAs/Indicators. The new build somewhat closes the gap between MT4 and MT5, thereby making it quite difficult to differentiate. See: Difference Between MT4 and MT5 Before New Build 600 Although MetaQuotes has assured that the key elements of MT4 Build 509 would not be affected in the new build. But only time would tell. Please see the following new features and likely uncertainties before you upgrade or download the new build. New Features (Build 600):
USD Drive EA: 13 Months Live Trading Gain 63.485%,7413 pips plus on MyFXBook.com. Uncertainties:
So before you upgrade or download the new build 600 please get a copy of the documentation, and read it carefully. Although an automatic upgrade of your terminal to build 600 by your broker could take place without your consent. Therefore i advise everyone to adapt to the new changes. The big question is: What exactly is MetaQuotes up to in the near future concerning MT4? Have you installed the new version? Please share your experience with everyone. Leave your comments in the article on MT4 vs MT5 Further Reading: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
CySEC Re-emphasizes Ban On Frivolous Bonus Issued By Investment Security Firms Tied To Clients Trading
(Forex, CFDs, Futures, Options, Stocks, e.t.c)
The Cyprus Securities and Exchange Commission (CySEC) issued a strong announcement on January 22nd 2014 to all Investment Firms based in Cyprus about the ban on offering bonus to clients with imposed conditions that restricts them their rights to withdrawal of their capital, profits, and bonus. The four (4) point regulatory policies in the statement signed by the Chairwoman of the Commission - Demetra Kalogerou, are to be adhered by all Investment Firms in Cyprus forthwith. The regulatory policy seeks the following control measures:
However the above was not previously being adhered to by most brokers especially options brokerages who demands clients to generate a certain amount of trading activity before he/she can have access to his/her funds. CySEC Statement: Granting Trading Benefits To Clients Source: Leap Rate - CySEC Bans Bonuses Tied To Trading Editor's Note This is a welcome development by CySEC to reduce all forms of bonus that finally wrecks unsuspecting traders. I suggest all other regulatory bodies copy such action and adopt it. |
InvestTechFX Technologies Incorporated Arrested By Royal Canadian Mounted Police
Investors Lost Millions in Forex Trading Scam
(Toronto, Ontario – December 3, 2013) - The Royal Canadian Mounted Police (RCMP) - GTA Financial Crime unit has charged the two directors of InvestTechFX Technologies Incorporated for allegedly defrauding investors out of millions of dollars.
InvestTechFX Technologies Incorporated (InvestTechFX) is a web-based
foreign exchange trading company. The RCMP’s investigation revealed a
fraudulent scheme spanning over three continents and 10 countries,
which has inflicted millions of dollars in losses for victims from
around the world.
The RCMP alleges that between January 1, 2008 and November 25, 2013, Alan ZER (48 years old) and Rony SPEKTOR (51 years old) operated their website to draw foreign exchange investors worldwide into opening trading accounts. Investors deposited funds into the accounts believing that InvestTechFX was facilitating active trading in the foreign exchange (forex) market. However, the investigation has revealed that InvestTechFX did not honour the client trading orders. The funds were simply transferred into personal accounts of ZER and SPEKTOR. Investors’ attempts to withdraw their funds were denied by InvestTechFX through allegedly false, misleading and deceitful justifications.
On November 28, 2013, RCMP investigators executed a search warrant at an office in Toronto where the majority of the victims were enticed to transfer funds into their InvestTechFX accounts. During the search warrants, police found and seized evidence consistent with ‘boiler room’ activities. Three individuals found working in these premises were arrested and released on a ‘Promise to Appear’ at the Toronto West Courthouse (1000 Finch Ave. West) on January 3rd, 2014.
Warrants have been issued for the arrest of ZER and SPEKTOR, who are alleged to be the masterminds of this elaborate scheme. Their whereabouts remain unknown to police. RCMP laid ‘Informations’ on ZER and SPEKTOR at Toronto Old City Hall Courthouse (60 Queen St. West).
“Today’s frauds continue to grow more complex through the use of technology, which highlights the continued need for awareness and due diligence”, stated Superintendent Dave BELLAMY, the Officer in Charge of the RCMP GTA Financial Crime units. “We remain committed to detecting, disrupting and dismantling these types of organizations in our efforts to maintain investor confidence and protect the integrity of our economy.”
Investors who believe they have been defrauded by InvestTechFX Technologies Inc. are asked to contact the RCMP GTA Financial Crime unit at 1-855-253-7267.
The RCMP would like to thank United Kingdom’s National Crime Agency (NCA), the Hong Kong Special Administrative Region (SAR) of the People’s Republic of China and numerous agencies in the United States for their assistance in this investigation.
Source: RCMP Press Release - Investors Lose Millions In Forex Trading Scam
Editor's Note
This firm has been on the radar of forexpeacearmy.com. They were labeled as a Scam for long. See: ForexPeaceArmy Scam Findings - InvestTechFx. Also see: discussion thread of the scam findings againstInvestTechFx
The firm's winning of the 2011 Forex Broker Scam of Year attest to their shady deals and fraudulent schemes to their client
-->
The RCMP alleges that between January 1, 2008 and November 25, 2013, Alan ZER (48 years old) and Rony SPEKTOR (51 years old) operated their website to draw foreign exchange investors worldwide into opening trading accounts. Investors deposited funds into the accounts believing that InvestTechFX was facilitating active trading in the foreign exchange (forex) market. However, the investigation has revealed that InvestTechFX did not honour the client trading orders. The funds were simply transferred into personal accounts of ZER and SPEKTOR. Investors’ attempts to withdraw their funds were denied by InvestTechFX through allegedly false, misleading and deceitful justifications.
On November 28, 2013, RCMP investigators executed a search warrant at an office in Toronto where the majority of the victims were enticed to transfer funds into their InvestTechFX accounts. During the search warrants, police found and seized evidence consistent with ‘boiler room’ activities. Three individuals found working in these premises were arrested and released on a ‘Promise to Appear’ at the Toronto West Courthouse (1000 Finch Ave. West) on January 3rd, 2014.
Warrants have been issued for the arrest of ZER and SPEKTOR, who are alleged to be the masterminds of this elaborate scheme. Their whereabouts remain unknown to police. RCMP laid ‘Informations’ on ZER and SPEKTOR at Toronto Old City Hall Courthouse (60 Queen St. West).
“Today’s frauds continue to grow more complex through the use of technology, which highlights the continued need for awareness and due diligence”, stated Superintendent Dave BELLAMY, the Officer in Charge of the RCMP GTA Financial Crime units. “We remain committed to detecting, disrupting and dismantling these types of organizations in our efforts to maintain investor confidence and protect the integrity of our economy.”
Investors who believe they have been defrauded by InvestTechFX Technologies Inc. are asked to contact the RCMP GTA Financial Crime unit at 1-855-253-7267.
The RCMP would like to thank United Kingdom’s National Crime Agency (NCA), the Hong Kong Special Administrative Region (SAR) of the People’s Republic of China and numerous agencies in the United States for their assistance in this investigation.
Source: RCMP Press Release - Investors Lose Millions In Forex Trading Scam
Editor's Note
This firm has been on the radar of forexpeacearmy.com. They were labeled as a Scam for long. See: ForexPeaceArmy Scam Findings - InvestTechFx. Also see: discussion thread of the scam findings againstInvestTechFx
The firm's winning of the 2011 Forex Broker Scam of Year attest to their shady deals and fraudulent schemes to their client
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Members of our community would benefit from the wealth of information and resources from experts who share their knowledge and offers freely. Quick notifications and alerts would be delivered on your Google main page or Gmail Inbox for google email users. Android and Smartphone users would benefit a lot from this feature as you would receive information "on-the-go" anywhere anytime.
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Members of our community would benefit from the wealth of information and resources from experts who share their knowledge and offers freely. Quick notifications and alerts would be delivered on your Google main page or Gmail Inbox for google email users. Android and Smartphone users would benefit a lot from this feature as you would receive information "on-the-go" anywhere anytime.
Do you have something to share? something to advertise or inform? then take advantage of our growing Forex Community targeted at like minded traders from all over the world powered by Google's Community Services.
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HOTFOREX LAUNCHES FLEX BONUS PROGRAM
HotForex has announced the launch of their Flex
Bonus Program which includes the re-launched 100% Credit
Bonus and the newly launched 30% Rescue Bonus.
The program will be made available to all HotForex clients that make new deposits as of Monday the 11th of November 2013, 10:00 GMT.
The program will be made available to all HotForex clients that make new deposits as of Monday the 11th of November 2013, 10:00 GMT.
DETAILS OF THE PROGRAM
100% Credit
Bonus
Doubles your trading power when making a new deposit.
HotForex clients who utilize the 100% Credit Bonus can enjoy the following key benefits:
Doubles your trading power when making a new deposit.
HotForex clients who utilize the 100% Credit Bonus can enjoy the following key benefits:
- Effectively makes the Stop Out on Cash Balance (Balance excluding Credit Bonus) zero.
- Increased Leverage.
- Full bonus amount withdrawal under the right conditions.
30% Rescue
Bonus
Extends greater account protection during drawdown periods and can be also used as increased margin.
HotForex clients who utilize the 30% Rescue Bonus can enjoy the following key benefits:
Extends greater account protection during drawdown periods and can be also used as increased margin.
HotForex clients who utilize the 30% Rescue Bonus can enjoy the following key benefits:
- Can be used as increased leverage.
- Can be lost so it can actually protect accounts from Margin Calls and Stop Outs during drawdown periods.
- Effectively makes the stop out level on original balance as zero.
The
bonus is applicable on all new deposits and is available for a limited time
only. Terms and Conditions apply.
REQUIREMENTS
REQUIREMENTS
Just open and fund a live account on
the launch date of the program in order to take advantage of this generous
promotion.
Please note that Bonus Programs increase the available leverage of your trading account and may therefore increase the risk of trading.
Please note that Bonus Programs increase the available leverage of your trading account and may therefore increase the risk of trading.
HOTFOREX MONTHLY DEMO CONTEST
Win real fabulous prizes through virtual (DEMO) account. It is free from monetary risk for the participants but the cash prizes awaiting the winners are real! The length of each round is One (1) Month and the total Prizes per round is 3,500 USD. The number of Prize winning Places are 3 while the Initial Virtual Deposit is 100,000 USD. Click here to get more details and participate...
FXTradeCity is participating in the HotForex Demo to Real Competition for the month of November 2013.
Win real fabulous prizes through virtual (DEMO) account. It is free from monetary risk for the participants but the cash prizes awaiting the winners are real! The length of each round is One (1) Month and the total Prizes per round is 3,500 USD. The number of Prize winning Places are 3 while the Initial Virtual Deposit is 100,000 USD. Click here to get more details and participate...
FXTradeCity is participating in the HotForex Demo to Real Competition for the month of November 2013.
Court Verdict: To Pay Back Over $1Billion & $100 Million Imposed Penalty
Federal Court in New York Orders MF Global Inc. to Pay over $1 Billion in Restitution to Customers of MF Global Inc.
The court’s Order also imposes a $100 million penalty on MF Global
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court consent Order against Defendant MF Global Inc. (MF Global) requiring it to pay $1.212 billion in restitution to customers of MF Global to ensure customers recover their losses sustained when MF Global failed in 2011.
The consent Order, entered on November 8, 2013 by U.S. District Court Judge Victor Marrero of the U.S. District Court for the Southern District of New York, also imposes a $100 million civil monetary penalty on MF Global, to be paid after MF Global has fully paid customers and certain other creditors entitled to priority under bankruptcy law. The Trustee for MF Global obtained permission from the bankruptcy court to pay restitution in full to customers to remedy any shortfall with funds of the MF Global general estate.
The consent Order arises out of the CFTC’s complaint, filed on June 27, 2013, charging MF Global and the other Defendants with unlawful use of customer funds (see CFTC Press Release 6626-13, June 27, 2013). In the consent Order, MF Global admits to the allegations pertaining to its liability based on the acts and omissions of its employees as set forth in the consent Order and the Complaint. The CFTC’s litigation continues against the remaining defendants: MF Global Holdings Ltd., Jon S. Corzine, and Edith O’Brien.
Gretchen Lowe, Acting Director of the CFTC’s Division of Enforcement, stated, “Division staff have worked tirelessly to ensure that 100 percent restitution be awarded to satisfy customer losses. The CFTC will continue to ensure that those who violate U.S. commodity laws and regulations designed to protect customer funds will be vigorously prosecuted.”
The CFTC’s Complaint charged MF Global, a registered Futures Commission Merchant (FCM), with violating provisions of the Commodity Exchange Act and CFTC Regulations intended to protect FCM customer funds and requiring diligent supervision by registrants. Specifically, the Complaint charged that during the last week of October 2011, MF Global unlawfully used customer segregated funds to support its own proprietary operations and the operations of its affiliates. In addition to the misuse of customer funds, the Complaint alleged that MF Global (i) unlawfully failed to notify the CFTC immediately when it knew or should have known of the deficiencies in its customer accounts, (ii) made false statements in reports it filed with the CFTC that failed to show the deficits in the customer accounts, (iii) used customer funds for impermissible investments in securities that were not considered readily marketable or highly liquid in violation of CFTC regulation, and (iv) failed to diligently supervise the handling of commodity interest accounts carried by MF Global and the activities of its partners, officers, employees, and agents.
The CFTC appreciates the assistance of the U.S. Attorneys’ Offices for the Southern District of New York and the Northern District of Illinois, the Federal Bureau of Investigation, the Securities and Exchange Commission, and the Financial Conduct Authority in the United Kingdom.
The consent Order recognizes the cooperation of the Trustee for MF Global and requires the Trustee’s continued cooperation with the CFTC.
CFTC Division of Enforcement staff members responsible for this case are Sheila Marhamati, David W. Oakland, Chad Silverman, K. Brent Tomer, Douglas K. Yatter, Steven Ringer, Lenel Hickson, and Manal Sultan. Staff from the CFTC’s Division of Swap Dealer and Intermediary Oversight, Division of Clearing and Risk, and Office of Data and Technology also assisted in this matter.
Court Verdict: To Pay Back Over $17 Million & 97 Months Jail Term
Federal Court in Massachusetts Orders Lyndon Parrilla to Pay over $17 Million in Disgorgement, Restitution, and a Penalty in Forex Fraud Scheme
In a related criminal proceeding, Parrilla sentenced to 97 months in prison and ordered to pay restitution of more than $4.6 million
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Order awarding restitution for defrauded customers, disgorgement, and a civil monetary penalty totaling more than $17 million against defendant Lyndon Parrilla, of California, in connection with an off-exchange foreign currency (forex) fraud scheme in which Parrilla and his company, Green Tree Capital (Green Tree), defrauded over 50 customers in the United States of over $4 million.
Judge Joseph L. Tauro of the U.S. District Court for the District of Massachusetts entered the final judgment and permanent injunction Order on October 24, 2013 (see Related Link), requiring Parrilla to pay restitution of $4,197,342 to defrauded customers, disgorgement of $3,353,925, and a $10 million civil monetary penalty. The Order also imposes permanent trading and registration bans against Parrilla and prohibits him from further violations of the Commodity Exchange Act (CEA) and CFTC regulations, as charged.
The Order stems from a CFTC Complaint filed on April 12, 2011, that charged Parrilla and Green Tree with fraud, misappropriation, and other CEA violations (see CFTC Press Release 6024-11). The court previously entered judgment against Green Tree on June 30, 2011.
The final judgment Order is based on the court’s findings set forth in an earlier Order, entered on September 30, 2013 (see Related Link), that finds that Parrilla and Green Tree fraudulently solicited over $4 million from at least 50 customers in the United States, from approximately October 2009 until April 2011, for the purported purpose of trading off-exchange forex contracts on a leveraged or margined basis in managed accounts.
In soliciting the funds, the Order finds that Parrilla, on behalf of Green Tree, misrepresented that Green Tree had a record of delivering consistently profitable returns when, in fact, it incurred trading losses since its inception, and almost 80 percent of customer funds was never traded or invested in any manner. In fact, according to the Order, Parrilla misappropriated over $3.3 million of customer funds to pay personal and entertainment expenses, including Las Vegas casino expenses, purchase automobiles and clothing, and ATM or cash withdrawals. To disguise these misrepresentations, trading losses, and misappropriations, Parrilla sent false Green Tree account statements to customers by email. Further, the Order finds that Parrilla misrepresented his experience and expertise, and failed to disclose that the National Futures Association (NFA) permanently barred him from NFA membership.
As a result of a parallel criminal action brought by the U.S. Attorney’s Office in November 2012, Parrilla was sentenced to, among other things, a term of 97 months imprisonment and ordered to pay restitution in the amount of $4,675,156.
The CFTC appreciates the assistance of the Federal Bureau of Investigation and the U.S. Attorney’s Office for the District of Massachusetts.
CFTC Division of Enforcement staff members responsible for this case are Alex C. Levine, David Chu, Lindsey Evans, Melissa Glasbrenner, Mary Beth Spear, Ava M. Gould, Scott Williamson, Rosemary Hollinger, and Richard B. Wagner.
STRATEGYQUANT
UPDATES, PERFORMANCE & REASONS WHY YOU SHOULD USE THIS TOOL
StrategyQuant
is a Computer Generated Trading Strategies Platform. It's a development
tool, which can be used build new automated trading systems for any
market or timeframe, generate & test hundreds of strategies per
hour, run robustness tests to avoid curve fitting, build-in walk-forwad
optimizer and WF Matrix and many more.
They are the designers of EA Wizard, QuantStrategy EA, EA Analyzer, and Tick Downloader.
Here is an email we got recently from them stating the latest performance on their product.
StrategyQuant News Letter:
SPECIAL NEWS TRADING STRATEGY OFFERThey are the designers of EA Wizard, QuantStrategy EA, EA Analyzer, and Tick Downloader.
Here is an email we got recently from them stating the latest performance on their product.
StrategyQuant News Letter:
More than a year somebody asked me to publish forward tests of some of my automatic strategies.
I published one of my accounts MyFxBook, showing real performance of
whole portfolio of EAs. At that time (28th September 2012) the account
was up 81%, quite an impressive result for half a year.
Right now, after another year, the portfolio is up by +520%, or in the other words the initial investment of $10.000 has now value of $62.048. Click on the image below to see the performance on MyFxBook.
This is a portfolio of 6 strategies running on 6 different currency pairs. These EAs run on demo account.
Somebody might raise an objection that trading on demo account is not
100% reliable way of showing strategy performance. Yes, but it is as close to real money trading as it gets.
First of all, these EAs are not scalpers, they run on 1 Hour timeframe with fairly large SL and PT, so they are not affected that much by unreal advantages of demo accounts (low spreads, no slippage and instant execution). Second, of course I trade some of these strategies on my real account too. I would not let them run only on demo without making any real money. Here's a result of QuantStrategyEA - EURUSD only strategy: +130.85% running on a real money account.
All these strategies (EAs) were automatically generated by StrategyQuant. They are a perfect case study of using mechanical learning and genetic programming in strategy development.
Note that with this approach you don't need to define the exact trading
rules for your strategies; I don't even know or care what trading rules
they use. They were completely designed by StrategyQuant for me, using genetic programming. My
responsibility was to ensure that these strategies are really robust
and that their results were not just because of chance or curve fitting.
What to learn from this: 1. Take advantage of the power of compounding How can the account be +500% in less than two years? Of course, there is some luck involved, but it is mainly thanks to compounding.
Because
the EAs risk money proportionally to the size of the account, they
trade with more and more lots as the account grows. This further
accelerates the profits.
2. Use the power of portfolioThere are 6 different strategies in the portfolio. Not all of them are in profit right now, some are even losing a little money. But when you combine multiple independent profitable strategies your account will grow faster with smoother equity curve. 3. Don't make fast decision on performanceIt takes time to see some statistically significant results. If the account is around zero or in minus after 1-3 months, it doesn't prove anything. It could be just drawdown or stagnation period, and these can last for months. My portfolio was around zero after two months and at one time it was -40%. If I'd stopped it right there it would be never able to grow to +500%. 4. Keep it simpleNo reoptimization, no interfering when strategy is losing. I haven't touched any of these strategies since the day I placed them on MetaTrader. There have been drawdowns, missed trades, duplicate trades, but in the long run it doesn't make a difference. The best approach is to simply let your strategies run and forget them, and only check yearly results - providing you trust your strategies.
Final words
This portfolio of walk-forward tested strategies shows the power of this approach to trading. With StrategyQuant you too can design your own portfolio of strategies. You
don't need to be an experienced trader to design your own EA because
with machine learning approach you don't define any trading rules.
There's no secret in what I'm doing, all the steps I'm using are described in the articles like this one:
http://www.strategyquant.com/articles/strategy%20building%20process
If you prefer existing strategy to a tool that allows you to build many of them then QuantStrategyEA is publicly available at http://www.QuantStrategyEA.com
Best regards and good luck in trading, StrategyQuant Have any questions, comments or inquires about this product, tells us through our contact form. |
NEWS TRADING STRATEGY THAT TURNED $1,490.00 TO $18,647.00 UNDER 5 MONTHS
A
Veteran Forex Trader (Henry Liu - CEO Forex News Trading Academy
& Founder of www.currencynewstrading.com) has published his
report on how he turned $1,490.00 to $18,647.00 under 5 months.
The 11 page pdf report explains in details all you need to know on how to replicate this achievement in your trading account.
Statement from Henry Liu: "Ever since August 2012 I've been tracking a series of events that has the potential to turn the entire Forex market on its head. So after carefully analyzing these events, I was convinced it was time to enter the market early while the trend was still at its infancy. Needless to say, after taking some rather aggressive positions on my $1490 account, I was able to turn it into $18,647, or 11X return, in just under 5 months, all thanks to Fundamental Analysis."
To get more details, proofs of account statement & this FREE report click here: Secret Fundamental Analysis Strategy
LIQUID MARKETSThe 11 page pdf report explains in details all you need to know on how to replicate this achievement in your trading account.
Statement from Henry Liu: "Ever since August 2012 I've been tracking a series of events that has the potential to turn the entire Forex market on its head. So after carefully analyzing these events, I was convinced it was time to enter the market early while the trend was still at its infancy. Needless to say, after taking some rather aggressive positions on my $1490 account, I was able to turn it into $18,647, or 11X return, in just under 5 months, all thanks to Fundamental Analysis."
To get more details, proofs of account statement & this FREE report click here: Secret Fundamental Analysis Strategy
MT4 MINI ACCOUNT DISCOUNT OFFER
Liquid Markets has announced the reduction of its minimum initial deposit for MT4 Mini Accounts to 500USD.
- Competitive fixed spreads on majors starting at only 1.8 pips
- Flexible leverage up to 1:500 and a minimum trade size of 0.01 lot
- Earn daily interest up to 9% on your cash equity
- Ability to use Expert Advisors
- Access to free technical analysis and AutoChartist
- Option to use hedging and scalping trading strategies
- Ability to upgrade your account at any time and with no applicable upgrade fee
FOREX TREND CONSOLE
ForexPeaceArmy is announcing an offer from Forex Trend Console, the makers of Market Metering & Signals Package. This Forex Tool has the following primary functions:
- Displays currency strength relative to timeframe.
- Gives signals (BUY or SELL) from the strength of the currency.
- You can add any Forex currency including stocks, gold, precious metals, oil and others.
This FREE Forex Tool is available for FPA Members ONLY. Offer closes by 5PM EST Monday, 2nd September, 2013.
FOREX PEACEARMY OFFERNEW GEN FOREX EA TWO (2) WEEKS TRIAL OFFER
ForexPeaceArmy
is announcing an offer from New Gen Forex, the developer of FXPL EA,
which has trippled its account value in the FPA Test Lab. This automated
system trades every type of account and works with any broker. The
23.7% per month returns EA, is designed to trade accounts from cents to
dollars.
A 14 days Free Trial Period has been extended to ONLY FPA Members. You can run a test on your demo or live account during the trial period. This is a good opportunity to test it before you buy it.
To signup for this offer CLICK HERE
This offer for FPA Members would elapse on Monday, 19th August, 2013.
A 14 days Free Trial Period has been extended to ONLY FPA Members. You can run a test on your demo or live account during the trial period. This is a good opportunity to test it before you buy it.
To signup for this offer CLICK HERE
This offer for FPA Members would elapse on Monday, 19th August, 2013.
LIQUID MARKETS DEMO COMPETITION
No Risks Top Prize $5,000.00
Liquid Market is offering Forex Traders an opportunity to participate in their MT4 Top Trader Demo Competition and win up to $5,000.
There is no fee to enter the
competition. The demo account will be held in USD and you will obtain
$100,000 virtual money to be used for the contest. The traders with the
three highest closing balances in their demo accounts at the end of the
competition will be awarded the following three prizes:
1st Place: $5,000 | |
2nd Place: $3,000 | |
3rd Place: $1,000 |
The
prize amount will be credited to the winners’ Liquid Markets real
trading account and all prizes are 100% withdrawable. The contest will
run throughout August, starting on August 4th 2013 and finishing on
August 30th 2013.
Please note: Registration for this competition ends on July 31st 2013.
For more details on how to participate click here:
FIREPIPS SIGNAL SERVICES EXPERT ADVISOR
Free Two (2) Weeks Trial Offer - TRADE COPIER
FirePips
one of the renowned signal services provider has announced a Free Two
(2) weeks Trial Offer for its Trade Signals, which includes the FireZone
Strategy, AAA Strategy & other startegies.
The new Expert Advisor relieves you from the stress of checking your email or using the Desktop App option to check for signals and updates delivered from FirePips Server. Now signals are copied right into your trading account in real time through the EA (Trade Copier).
An average total 150-400 pips per month are generated through the FireZone Daily and 8Hr Signals. See other performance statistics here: http://www.firepips.com/performance
The new Expert Advisor relieves you from the stress of checking your email or using the Desktop App option to check for signals and updates delivered from FirePips Server. Now signals are copied right into your trading account in real time through the EA (Trade Copier).
An average total 150-400 pips per month are generated through the FireZone Daily and 8Hr Signals. See other performance statistics here: http://www.firepips.com/performance
Take advantage of this FREE Offer; send your MT4 Account No (Real or Demo) to admin@firepips.com or visit the website http://www.firepips.com/free-trial
Click here for more details on FirePips Signal Services
THIS OFFER IS LIMITED TO THE FIRST 500 RESPONDENTS ONLY
MQL COMMUNITY SIGNAL SERVICES
Forex Signal Services Subscription
MQL Community Signal Services grows to over 8,000 Signal Services available for subscription as at July, 2013.
Subscribe to FREE and PAID Signal Services from MQL's Community Signal Services with more than 8000 Signal Services available for Subscription.
The signals are traded with Automatic Execution on your Account.
You can also earn more profits by selling your signals to thousands of subscribers hooked up with MQL. Signals are available on MT4 and MT5.
For more details on how to subscribe click here:
See the Top 10 MetaTrader 4 Signals
CFTC FILES CHARGES AGAINST BINARY OPTIONS Subscribe to FREE and PAID Signal Services from MQL's Community Signal Services with more than 8000 Signal Services available for Subscription.
The signals are traded with Automatic Execution on your Account.
You can also earn more profits by selling your signals to thousands of subscribers hooked up with MQL. Signals are available on MT4 and MT5.
For more details on how to subscribe click here:
See the Top 10 MetaTrader 4 Signals
CFTC
Charges “Prediction Market” Proprietor Banc de Binary with Violating
the CFTC’s Off-Exchange Options Trading Ban and Operating as an
Unregistered Futures Commission Merchant
The U.S. Commodity Futures Trading Commission (CFTC) filed on June 5, 2013 a civil complaint in federal district court in Nevada charging Banc de Binary, Ltd. (Banc de Binary), a foreign company that held itself out as being headquartered on Wall Street, with violating the CFTC’s ban on off-exchange options trading by offering commodity option contracts to U.S. customers for trading, as well as soliciting, accepting, and confirming the execution of orders from U.S. customers. The CFTC’s complaint also charges Banc de Binary with operating as an unregistered Futures Commission Merchant (FCM).
According to the CFTC’s complaint, Banc de Binary operates an online trading website through which customers can buy or sell binary (“call” or “put”) options, predicting whether the price of a certain commodity will increase or decrease in a given time period.
Specifically, from May 2011 through March 2013, Banc de Binary operated an online trading website which allowed U.S. customers to trade options products prohibited by the CFTC’s ban on off-exchange options trading. Through its website, Banc de Binary allegedly unlawfully solicited and permitted U.S. customers to buy and sell options betting on the prices of wheat, oil, platinum, sugar, coffee, corn, foreign currency pairs, and stock indices.
Click here to read the full story of the CFTC's charge and see ForexPeaceArmy User Reviews on Binary Options.
MQL METATRADER 4 PLATFORM RELEASE The U.S. Commodity Futures Trading Commission (CFTC) filed on June 5, 2013 a civil complaint in federal district court in Nevada charging Banc de Binary, Ltd. (Banc de Binary), a foreign company that held itself out as being headquartered on Wall Street, with violating the CFTC’s ban on off-exchange options trading by offering commodity option contracts to U.S. customers for trading, as well as soliciting, accepting, and confirming the execution of orders from U.S. customers. The CFTC’s complaint also charges Banc de Binary with operating as an unregistered Futures Commission Merchant (FCM).
According to the CFTC’s complaint, Banc de Binary operates an online trading website through which customers can buy or sell binary (“call” or “put”) options, predicting whether the price of a certain commodity will increase or decrease in a given time period.
Specifically, from May 2011 through March 2013, Banc de Binary operated an online trading website which allowed U.S. customers to trade options products prohibited by the CFTC’s ban on off-exchange options trading. Through its website, Banc de Binary allegedly unlawfully solicited and permitted U.S. customers to buy and sell options betting on the prices of wheat, oil, platinum, sugar, coffee, corn, foreign currency pairs, and stock indices.
Click here to read the full story of the CFTC's charge and see ForexPeaceArmy User Reviews on Binary Options.
Release of MT4 Build 500
The new MetaTrader 4 Platform Build 500 has been released since May 1st 2013.
The new build comes with great features like:.
1. Drag and drop management of trades. i.e you can now adjust your SL or TP by dragging them directly on the chart.
2. You can now access MQL4 applications to Code Base from the terminal using drag and drop.
3. The Company's web site tab has been added in the client terminal.
4. One Click Trading and the ability to set alerts right from the charts.
5. Lots of fixes on bugs and errors especially in the trade signals operations and other areas.
For more details on the new features and how to get the latest build 500 click here
Please note that client terminals older than build 439 will be no longer supported from August 1st, 2013.
FOREX VERIFIEDThe new build comes with great features like:.
1. Drag and drop management of trades. i.e you can now adjust your SL or TP by dragging them directly on the chart.
2. You can now access MQL4 applications to Code Base from the terminal using drag and drop.
3. The Company's web site tab has been added in the client terminal.
4. One Click Trading and the ability to set alerts right from the charts.
5. Lots of fixes on bugs and errors especially in the trade signals operations and other areas.
For more details on the new features and how to get the latest build 500 click here
Please note that client terminals older than build 439 will be no longer supported from August 1st, 2013.
FREE EA Licenses From Forex Verified
Forex Verified is offering discount program offers up to 100% off on almost any Forex product/service you use.
Amongst the FREE offers includes:
2 Free Licenses for the Aeron EA.
1 Free License for Fx Power Signals: Conservative
and Every TFOT purchase includes the ProScalpingRobot for free.
For details on how to get them click here
.FOREXPEACEARMY SPECIAL OFFER ANNOUNCEMENTAmongst the FREE offers includes:
2 Free Licenses for the Aeron EA.
1 Free License for Fx Power Signals: Conservative
and Every TFOT purchase includes the ProScalpingRobot for free.
For details on how to get them click here
Drive Expert Advisor - USD Drive EA
The ForexPeaceArmy has announced an exclusive discount offer from Drive Expert Advisor the creator of USD Drive EA.
This EA has been on Live and Demo Test for over 60 weeks in the
ForexPeaceArmy's EA Test Lab with good performance statistics.
The robot has recorded profitable months since March 2012 according to the developers of the trend based robot. Amongst the currency pairs it trades are: EURUSD, USDJPY, AUDUSD, USDCAD, USDCHF and GBPUSD.
The EA costs $145.00 but a 45% discount price of $80.00 has been fixed for FPA members only for a limited time. Click here to get more details, review, and technical information of this EA.
Click here for Direct Purchase (Non-FPA Members)
This offer for FPA members expires on Monday, June 24th at 5 PM, New York Time.
METAQUOTESThe robot has recorded profitable months since March 2012 according to the developers of the trend based robot. Amongst the currency pairs it trades are: EURUSD, USDJPY, AUDUSD, USDCAD, USDCHF and GBPUSD.
The EA costs $145.00 but a 45% discount price of $80.00 has been fixed for FPA members only for a limited time. Click here to get more details, review, and technical information of this EA.
Click here for Direct Purchase (Non-FPA Members)
This offer for FPA members expires on Monday, June 24th at 5 PM, New York Time.
MT4
3rd Party Application Developers Beware!!! Metaquotes has begun banning
3rd Party Developers violating it's Platform Policy.... See who gets the first hit.
MQL Community Signals
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