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Forex Broker News for April 2014
You can find and read the latest news and press releases from all of our partner brokers here.
Wednesday 30th of April 2014
If the recent lack of volatility or direction in the foreign exchange market has your trading participation down, FXPRIMUS invite you to start looking at trading Gold with FXPRIMUS. In just last week alone, Gold rallied almost $40 and had daily ranges in excess of $30. In case you weren't aware, FXPRIMUS is quickly emerging as THE place to trade Gold as it offers industry leading low margin of 0.5% on all Gold trading and razor thin spreads as low as 25 cents on their ECN Premier accounts. The low margin means you are able to trade 1.0 lots (100 ounces) for only USD500 and trade up to 100 lots (10,000 ounces) with a single mouse click.
As a special incentive to try trading Gold with FXPRIMUS, they have decided to offer commission free trading on Gold for the entire month of May 2014 for their ECN Premier customers. This means you get to enjoy the tightest spreads available in the market with no added commission.
If you have an ECN Premier account, you don't have to do anything, simply trade gold starting on May 1st and pay no commissions. If you would like to change to ECN Premier spreads you can login to your member area or open an ECN Premier account here.
Thursday 24th of April 2014
In a constant pursuit towards diversifying its product offering, FXPRIMUS is pleased to announce the addition of Offshore RMB (USD/CNH) and Turkish Lira (USD/TRY) to its Variable and ECN Premier accounts.
CNH is an offshore version of the RMB introduced by the Hong Kong Monetary Authority and People's Republic Bank of China which allows investors outside of mainland China to gain exposure to the RMB. TRY, being the primary currency in Turkey has been in demand in recent months due to the volatility in Syria and concerns about policy of the US Federal Reserve, which leads to attracting money from emerging markets.
As noted, both new currency pairs will be available in Variable & ECN Premier accounts, but not in Fixed spread. If you do not see these pairs listed in your Market Watch, simply right click and select "Show All" and they should appear.
Tuesday 15th of April 2014
Adhering to clients' concerns and requests, HotForex are pleased to announce the addition of one new offering to their wide range of currency pairs. As a HotForex client, you will now have the opportunity to trade the USD/RUB pair. The pair will be available to all account types except FIX accounts.
With the addition of USDRUB pair, HotForex now offers traders access to 44 of the most liquid currency pairs in the foreign exchange markets.
For a full list of currency pairs offered and their specifications please click here.
Tuesday 15th of April 2014
Easter Weekend - Limited Funding and Support Availability
Between Friday 18th April and Monday the 21st April Banks around the world will be closed for the Easter period. During this time Pepperstone will have limited Live Chat, Phone Support and Funding availability.
Whilst their 24 Hour Emergency Trading Desk will operate as usual during the period - the Pepperstone customer support and funding hours will be reduced.
The Forex markets will be open throughout this period but liquidity is expected to be low. The Gold and Silver Markets will be closed on Friday 18th April but resume as normal Monday 21st April.
Market and Customer Support Opening Times
|Date||FX Trading Hours||Customer Support Hours|
|18th April||Friday||Open (Gold/Silver Closed)||Limited Support and Funding|
|21st April||Monday||Open||Limited Support and Funding|
Monday 14th of April 2014
Please be aware that due to the upcoming Easter holiday on the 18th & 21st of April 2014, the FXCC trading hours will be as set below:
Good Friday (April 18th):
Spot FX: Normal trading hours.
Spot Metals: Closed.
Spot Oil: Closed.
Easter Monday (April 21st):
Spot FX: Normal trading hours.
Spot Metals: Normal trading hours.
CFDs: Normal trading hours.
Spot Oil: Normal trading hours.
Should you require any further information, please do not hesitate to contact the FXCC support team using the Live Chat, by email to email@example.com or by phone on +357 25 025001.
Friday 11th of April 2014
FinFX would like to inform their clients that the Gold and Silver pairs will already close on Thursday, April 17th at 21:00 GMT / 5 PM EDT due to Good Friday on April 18th. The Gold and Silver pairs will open again normally on Sunday April 20th at 22:00 GMT / 6 PM EDT.
The FX pairs will be open normally on April 18th, but since Good Friday and Easter Monday (on April 21st) are international bank holidays, please be aware that there might be limited market liquidity available.
FinFX Opening Hours on Easter 2014
FinFX Back Office, Marketing and Partnership Sales departments are closed on Friday April 18th and Monday April 21st 2014. Good Friday and Easter Monday are both national bank holidays in Finland.
However, the FinFX Customer Support is open normally during Easter 2014.