Forex Broker News

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

Trading Notification: US President's Day holiday trading hours

Monday 16th of February 2015

Please find below the FXCC trading hours schedule for US President's Day holiday, 16th February 2015:

Presidents' Day - Change to Energy & Precious Metals trading times

Friday 13th of February 2015

Presidents' Day is Monday the 16th of February, and on this US bank holiday there will be an early close for Energy & Precious Metal trading. There will be no changes to the FX market open hours and Pepperstone will operate normal customer support.

The Forex markets will be open throughout this period but liquidity is expected to be lower than normal. The Precious Metals and Energy symbols will close at 19:45 GMT+2, and then re-open 5 hours later at 01:00.

Trading hours for precious metals during US Presidents' Day 2015

Thursday 12th of February 2015

FinFX would like to notify their clients that due to US Presidents' Day on the 16th February 2015, there are some changes in the trading schedule for precious metals.

The Gold (XAUUSD) and Silver (XAGUSD) pairs will close on Monday 16 February 2015 at 18:00 GMT and reopen again at 23:00 GMT!

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

HotForex PAMM: Limited Time USD 300 Offer

Wednesday 4th of February 2015

HotForex are pleased to announce the launch of an exciting new offer for Investors and Fund Managers opening a new HotForex PAMM V2 Account!

For a limited time only, HotForex has lowered the minimum deposit for new PAMM V2 account opening to just USD 300!

Fund Manager Benefits

Take advantage of this exclusive opportunity to join their industry-leading PAMM program and become a HotForex PAMM V2 Fund Manager! Start building your trading performance to rise in the PAMM rankings and attract the attention of even more PAMM investors.

Trading in TRYJPY and CHFNOK has stopped yesterday

Tuesday 27th of January 2015

FinFX would like to inform that starting from 27th of January 12:00 GMT+0 2015 trading in TRYJPY and CHFNOK currency pairs is temporarily stopped due to circumstances caused by the aftermath of the Swiss National Bank action on the 15th of January 2015.

Important Notice: HK Dollar and Danish Kroner cessation

Friday 23rd of January 2015

AxiTrader has taken the decision to cease to offer Hong Kong Dollar and Danish Kroner Margin FX Contracts.

This decision is due to a number of interbank foreign exchange market participants withdrawing their market-making or custodial services in these Underlying Instruments. AxiTrader has reasonably determined that it will be unable to maintain an orderly market in these currencies and will therefore cease to offer these contracts.

Under clause 20.1 of the Customer Agreement this email serves as formal notice that AxiTrader will cease to offer the instruments as at Close of Business on Friday 30 January, 2015 (Effective Date).

Customers shall not be able to open new positions from the Close of Business on 23 January, 2014.

When will these changes take effect?

HK Dollar and Danish Kroner contracts will be set to "close only" at Close of Business on Friday 23 January, 2015.

All trading will be suspended at the Close of Business on Friday 30 January, 2014.

What action should I take?

Customers are requested to close all open transactions before 3pm New York time (22:00 Server Time) on 30 January, 2015.

What happens if I do nothing?

AxiTrader will close all open transactions at the prevailing AxiTrader price as at 12pm New York Time (19:00 Server Time) 30 January, 2015


Key Dates

Close Only (no new positions)
COB 23 January, 2015

Close all Positions
12pm NYT 30 January, 2015

Instruments Suspended
COB 30 January, 2015

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IMPORTANT NOTICE: HIGH VOLATILITY EXPECTED

Thursday 22nd of January 2015

Following the latest decision taken by the SNB, a period of extreme volatility was unleashed in the Forex markets. Therefore, we would like to remind you that today, the 22nd of January 2015, the ECB Interest Rate Decision will be released at 12:45 GMT after which a Monetary policy statement and a press conference will take place at 13:30 GMT.

The above news releases are very likely to have a massive impact on the market volatility, causing a spread widening, potential spikes or market gaps, all of which may affect your investment.

While FXCC does not provide trading advice, FXCC strongly recommend that you review your open positions and take every step possible to protect your account from stop out liquidation or from going into a negative balance, due to the tremendous price volatility which may occur.

ECB Interest Rate Decision

Thursday 22nd of January 2015

AxiTrader are writing to let you know about the forthcoming announcement of the key ECB interest rate decision scheduled for Thursday 22nd January at 12:45 GMT (14.45 MT4 Server Time).

Following the announcement at 13.30 GMT (15.30 MT4 Server Time), ECB President Mario Draghi has a scheduled press conference regarding the European Central Bank's policy position.

Whilst the ECB President has telegraphed the likelihood of expanding the quantitative easing program last week's surprise move by the SNB has left markets nervous.

What does this mean for you?

Markets are likely to be volatile and spreads will widen during this period, hence we recommend you take a moment to consider whether this announcement will have any effect on your trading account and take appropriate action (if any) accordingly.