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You are here: Forex Broker CashBack » Latest Broker News » May 2014

Forex Broker News for May 2014

You can find and read the latest news and press releases from all of our partner brokers here.

Please be aware that due to the upcoming US Memorial Day & the U.K. Spring Day bank holiday on Monday 26 May 2014, our trading hours will be as set below.

Memorial Day Trading Times

Trade Chinese Currency

Friday 23rd of May 2014

Trade USDCNH

Pepperstone is proud to announce the addition of the USDCNH currency pair.

This pair provides Pepperstone traders with the ability to access new exposure to China's currency, the Renminbi (RMB). Traded off-shore through Hong Kong as USDCNH, the USDCNH market has grown in investor interest and volatility in recent years since the loosening of trading limits imposed on China's currency market.

With China's central bank now allowing a daily 2% fluctuation in Renminbi movement, and with growing perception that Chinese economic growth is slowing, there is strong potential for further exchange-rate reforms in coming years that may reveal further trading opportunities in the USDCNH market.

To view this pair within your MT4 Platform Simply Right Click on Market Watch and Select 'Show All'

MT4 Show All

Gold (XAUUSD) and Silver (XAGUSD) pairs

Thursday 22nd of May 2014

Gold (XAUUSD) and Silver (XAGUSD) pairs will close on Monday, 26 May at 17:00 GMT

FinFX would like to inform that due to the US Memorial Day on Monday 26 May, there will be some changes in the trading schedule for Gold (XAUUSD) and Silver (XAGUSD) pairs.

US Memorial Day operating hours for gold and silver price feeds:

Monday May 26, 2014 - Gold and silver trading ends at 17:00 GMT and reopens at 22:00 GMT.

However, the Forex pairs will be open normally during this day.

Orbex are pleased to introduce their new Click to Call website feature, which gives you the ability to quickly get in touch with the Orbex Customer Service team by placing a free call at any time. Click to call is in addition to the current Live Chat and Request Callback options. Orbex was recently rebranded in recognition of our enhanced customer service for traders and partners. They now provide a one-hour response time to all customer inquiries in addition to easy funds withdrawal and multi-lingual service in 10 languages, including English, Arabic, Bengali, Spanish, German, Russian, Chinese, Bulgarian, Urdu ,Greek, French and Italian . Further, Orbex offers the best trading conditions on the market with a diverse range of trading products available on Orbex MetaTrader 4.

With Click to Call, you simply complete a basic form, submit your information and enjoy a call with the Orbex Customer Service team free of charge. This new service is available 24/5.

In addition to Click to Call, Orbex provides:

  • Multiple asset trading and ECN accounts on MT4
  • Superior quality of execution (speed and reliability)
  • Deep liquidity from Tier-1 banks
  • Easy funds withdrawal: they process withdrawal requests within one hour, and transfers are raised within 24 hours
  • One-hour response time on all customer enquiries
  • Education in online trading and the latest market research for you
  • Free VPS hosting
  • More funding methods: They now offer Neteller and Cashu in addition to credit/debit cards, SKRILL/Moneybookers, WebMoney and wire transfer
  • Islamic accounts And more

FBS are excited to inform you that they have celebrated the ceremony of grand opening of an official representative office in the capital of Vietnam!

FBS keeps developing rapidly and looks far beyond its boundaries. They have already marked many countries and cities on their map, but they never stop at what has been already achieved! Opening new branches gives them all-round support by clients and partners worldwide. Such a trustworthy backbone lets hundreds of thousands people acquire prosperity. Be successful with FBS!

New Spreads on Admiral Standard

Wednesday 14th of May 2014

In an ongoing effort to improve theirr trading conditions and provide you with the best possible service on the market - Admiral Markets are delighted to announce that from the 21st of May 2014 their competitive Standard Account offering just became even better.

Admiral Markets Standard account spreads

Standard spreads

Why is this important?

It is well known that the main cost you incur while trading comes directly from the spread, lowering the spreads will cut down your trading costs and save you money.

Admiral Markets have also improved the Limit/Stop levels. This means you can experience greater accuracy on pending orders, resulting in an opportunity to maximise profits and minimise losses.

Alongside the recent introduction of commission-free deposits and withdrawals, there hasn't been a better time to trade with Admiral Markets UK.

Open an Admiral Markets account!

FXPRIMUS announced today they have formed FXPRIMUS Australia Pty Ltd and have subsequently opened an office in Australia. Initially they will be operating as a corporate authorised representative (No. 456992) of HLK Group Pty Ltd which holds the Australian Financial Services License (AFSL 435746.) In addition, FXPRIMUS will be submitting their application for an AFS license.

FXPRIMUS President Terry Thompson said of the latest development, "This is an important event in the growth of FXPRIMUS, in that it adds a significant layer of credibility to our brokerage firm. While we have established presence in other respected jurisdictions, to have the ability to provide our current and future clients with the comfort of knowing we are operating under the jurisdiction of the Australian Securities & Investment Commission (ASIC) is invaluable. Our Asian client base is very important to us, and it's no secret that having an Australian presence and operating under ASIC regulations is held in high regard. Moving in this direction is an obvious progression in maintaining our commitment to customers to conduct our business in a responsible fashion, something we've done since Day 1.

Mr. Thompson continued, "We view this as a two-step process. The first is complete. After performing extensive due diligence on our operations, HLK Group has extended an offer to us to become a corporate authorised representative (CAR). The second step is also in progress, and we are eagerly awaiting AFS license approval in due course."

Planned Server Maintenance

Thursday 1st of May 2014

Please note that the Admiral Markets MetaTrader servers will be undergoing a scheduled maintenance during the upcoming two weekends, on the 3rd - 4th of May and on the 10th -11th of May.

Please keep in mind that market Closing/Opening hours are not affected and the servers will become unavailable only after the trading session is over. The servers will go live again before the market open on Monday.

There should not be any inconveniences caused. If you have any further questions please let Admiral Markets know by sending an email: knowmore@admiralmarkets.co.uk