US forex broker FXCM released some numbers for June and Q2 2011. It was a record quarter for the broker in terms of volume: $938 billion. They have also seen a rise in tradeable accounts. The record month was May, but June wasn’t far behind. The 3% drop can be related to the number of … “FXCM Close to $1 Trillion Trading Volume in Q2”
Category: Forex industry
Oanda is Back to the Top Spot, Overall Profitability
In the second quarter of 2011, US forex brokers profitability rates dropped. According to a fresh report generated by Michael Greenberg, Oanda is back to the top spot in profitability rate (although lower than in Q1) and also remains the biggest US broker in terms of clients. It is important to note that a few … “Oanda is Back to the Top Spot, Overall Profitability”
Forex Crunch Key Metrics June 2011
Following the previous release of key site metrics for the month of May, I hereby present the numbers for June. The good news this month, is that the number of core visitors has risen: more directs visits and more subscribers. More good news comes from FXStreet, that manage the ad space for the site. They … “Forex Crunch Key Metrics June 2011”
Best Retail FX Platform Goes to CitiFX Pro
The readers of the British magazine Profit & Loss have voted CitiFX Pro to be the best retail FX Platform. Over 10,000 readers voted. Apart from this vote, CitiFX Pro also won 5 other awards in the bank provider categories. This joins previous news from CitiFX Pro, regarding fast expansion plans for 2011. In the … “Best Retail FX Platform Goes to CitiFX Pro”
Currensee’s Trade Leaders Program Reaches Significant Milestones
Currensee’s unique program that allows people to invest in forex trading like any other investment, has reached significant milestones: $6 billion in trading volume, $12 million under management and rises in the number of participants. This program is running since the end of 2010 and is gaining traction very nicely. The profitability rate of investors … “Currensee’s Trade Leaders Program Reaches Significant Milestones”
Currensee Trade Leaders Profitability Rate Significantly High
I have had the chance to chat with the Dave Lemont, CEO of Currensee, about recent developments and achievements, future plans and how their investment offering differs from the rest of the market. Currensee is the first forex social network, and in recent months it has been focusing on its Trade Leaders Investment Program. The … “Currensee Trade Leaders Profitability Rate Significantly High”
Leverate Launches Second Version of CRM for Forex Brokers
The provider of software solutions for brokers, Leverate, introduces a second version of their CRM tool for forex brokers. Enhanced reporting, sharing and management capabilities were added. I’ve previously reported about Leverate’s MT4 iPhone application, as well as their product for integrating binary options on MT4. All the details about their new CRM software for … “Leverate Launches Second Version of CRM for Forex Brokers”
Forex Crunch Key Metrics May 2011
As a means of showing greater transparency, I hereby present key site metrics for Forex Crunch. All in all May was a positive month. The eruption of the Greek crisis throughout the month, contributed to traffic, as well the uncertainty regarding rate decision. The figures are from Google Analytics. I plan on doing this every … “Forex Crunch Key Metrics May 2011”
AnyOption Stops Offering Forex and Commodity Binary Options in
Binary options provider AnyOption, which operates in the United States, will stop offering binary options trading on currencies and commodities for US customers. This move is done in order to comply with regulations. Platforms of binary options aren’t common in the US. AnyOption is perhaps the only provider working stateside. They still operate there, offering … “AnyOption Stops Offering Forex and Commodity Binary Options in”
ForexStreet.net Gains Traction – Becomes Serious Player in Forex
FXStreet’s social network, ForexStreet.net, gains traction and crossed the 3500 member line and is expected to cross the 100,000 page views mark in May. This rise will likely impact the popularity of other networks, and shows the interest for such interaction in the industry. ForexStreet.net’s forums are becoming more active, and the site also leverages … “ForexStreet.net Gains Traction – Becomes Serious Player in Forex”